+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Malonic Acid Market Size, Share & Trends Analysis Report By Application (Flavor Enhancer, API, Additive, pH Controller, Precurser, and Others), By End Use, By Regional Outlook and Forecast, 2023 - 2030

  • PDF Icon

    Report

  • 326 Pages
  • February 2024
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5945743
The Global Malonic Acid Market size is expected to reach $130.6 million by 2030, rising at a market growth of 2.8% CAGR during the forecast period. In the year 2022, the market attained a volume of 16983.9 tonnes, experiencing a growth of 1.9% (2019-2022).

Malonic acid derivatives contribute to the synthesis of plant growth regulators. Therefore, the agriculture segment acquired 17.5% revenue share in 2022. These regulators enhance or inhibit specific physiological processes in plants, promoting optimal growth and development. Certain its derivatives are used as soil conditioners in agriculture. They contribute to soil health by improving structure, water retention, and nutrient availability, leading to better crop growth.



Exploring renewable feedstocks helps reduce the industry's dependence on fossil fuels for its production. This shift contributes to mitigating the environmental impact associated with traditional chemical processes. Utilizing renewable feedstocks in its production typically results in a lower carbon footprint than processes relying on non-renewable resources.

Additionally, the ability of this to enhance the feel and spread ability of formulations makes it desirable to create cosmetic emulsions. As per the report by the National Library of Medicine updated in 2022, the ecologically based cosmetics industry is projected to reach $5.25 billion by 2029, expanding at a compound annual growth rate of 5.18% from 2019 to 2029. The global cosmetics industry is approximately third in the sector with the fastest growth rate.

However, the ongoing operational costs of running its production plant, including energy consumption, maintenance, and labor, contribute to the overall production costs. Additionally, the cost and availability of raw materials used to synthesize it can impact its economic viability. The production processes for it can be energy-intensive, contributing to higher operational costs. Energy efficiency and the environmental impact of production processes are increasingly important considerations for manufacturers and consumers. Thus, production costs and process complexity can slow down the growth of the market.

By Application Analysis

By application, the market is categorized into flavor enhancer, API, additive, pH controller, precurser, and others. In 2022, the flavor enhancer segment held 27.8% revenue share in the market. It contributes to sweetness and tartness, making it suitable for enhancing the flavor profile of a broad range of food and beverage products. Its ability to provide a balanced blend of sweet and sour notes is valuable in formulations. The flavor enhancer properties of it make it a suitable ingredient in producing soft drinks and carbonated beverages.



By End Use Analysis

Based on end-use, the market is classified into food & beverage, pharmaceutical, agriculture, plastics, paints & coatings, and others. The pharmaceutical segment garnered 22.5% revenue share in the market in 2022. The chemical versatility of this makes it valuable in medicinal chemistry. It introduces specific chemical functionalities into drug molecules, influencing their pharmacological properties. Malonic acid and its derivatives are used to synthesize antiviral and antibacterial drugs.

By Regional Analysis

Region-wise, the market is analysed across North America, Europe, Asia Pacific, and LAMEA. In 2022, the Asia Pacific region acquired 27.8% revenue share in the market. The Asia Pacific region has served as a pharmaceutical manufacturing and research center. Agriculture is a significant sector in many Asia Pacific countries. With the increasing population and changing consumer preferences in the Asia Pacific, there can be an increased demand for products with enhanced taste profiles.

Recent Strategies Deployed in the Market

  • 2023-Jun: Lonza Group Ltd. took over Synaffix, a Dutch biotechnology company. Through this acquisition, Lonza Group Ltd. would enhance its bioconjugates portfolio by incorporating the cutting-edge proprietary Synaffix technology platform and research and development capabilities, encompassing payload and site-specific linker technology.
  • 2023-May: Thermo Fisher Scientific, Inc. came into partnership with the National Research and Innovation Agency, a cabinet-level government agency. Through this partnership, Thermo Fisher Scientific, Inc. would enhance Research Infrastructure and Capabilities in Indonesia.
  • 2023-Apr: Lonza Group Ltd. came into partnership with ABL Bio, a South Korean biotechnology company. Through this partnership, Lonza Group Ltd. would provide comprehensive and integrated end-to-end support for the development and manufacturing of ABL Bio's bispecific antibody candidate.
  • 2023-mar: Wacker Chemie AG took over ADL BioPharma, a pharmaceutical manufacturing company. Through this acquisition, Wacker Chemie AG would bolster its biotech sector, bringing us a significant stride nearer to achieving the growth objectives set for our life sciences business.
  • 2023-Jan: Thermo Fisher Scientific, Inc. came into partnership with AstraZeneca Plc, an Anglo-Swedish multinational pharmaceutical and biotechnology company. Through this partnership, Thermo Fisher would create a companion diagnostic test for Tagrisso, focusing on both solid tissue and blood-based analysis.
  • 2022-Oct: Thermo Fisher Scientific, Inc. took over The Binding Site Group, a medical equipment manufacturing company. Through this acquisition, Thermo Fisher Scientific, Inc. would enhance its market presence and enhance its diagnostic offerings.

List of Key Companies Profiled

  • Trace Zero LLC
  • Lygos Inc.
  • Wuhan Amino Acid Bio-Chemical Co., Ltd
  • Hefei TNJ Chemical Industry Co.,Ltd.
  • Hebei jingye group
  • Shandong Lixing Chemical Co. Ltd.
  • Nanjing Perlove Medical Equipment Co., Ltd.
  • Wacker Chemie AG
  • Thermo Fisher Scientific, Inc.
  • Lonza Group Ltd.

Market Report Segmentation

By Application (Volume, Tonnes, USD Million, 2019-2030)
  • Flavor Enhancer
  • API
  • Additive
  • pH Controller
  • Precurser
  • Others
By End Use (Volume, Tonnes, USD Million, 2019-2030)
  • Food & Beverage
  • Pharmaceutical
  • Agriculture
  • Plastics
  • Paints & Coatings
  • Others
By Geography (Volume, Tonnes, USD Million, 2019-2030)
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Malonic Acid Market, by Application
1.4.2 Global Malonic Acid Market, by End Use
1.4.3 Global Malonic Acid Market, by Geography
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Strategies Deployed in Malonic Acid Market.
Chapter 5. Global Malonic Acid Market by Application
5.1 Global Flavor Enhancer Market by Region
5.2 Global API Market by Region
5.3 Global Additive Market by Region
5.4 Global pH Controller Market by Region
5.5 Global Precurser Market by Region
5.6 Global Others Market by Region
Chapter 6. Global Malonic Acid Market by End-Use
6.1 Global Food & Beverage Market by Region
6.2 Global Pharmaceutical Market by Region
6.3 Global Agriculture Market by Region
6.4 Global Plastics Market by Region
6.5 Global Paints & Coatings Market by Region
6.6 Global Others Market by Region
Chapter 7. Global Malonic Acid Market by Region
7.1 North America Malonic Acid Market
7.1.1 North America Malonic Acid Market by Application
7.1.1.1 North America Flavor Enhancer Market by Country
7.1.1.2 North America API Market by Country
7.1.1.3 North America Additive Market by Country
7.1.1.4 North America pH Controller Market by Country
7.1.1.5 North America Precurser Market by Country
7.1.1.6 North America Others Market by Country
7.1.2 North America Malonic Acid Market by End-Use
7.1.2.1 North America Food & Beverage Market by Country
7.1.2.2 North America Pharmaceutical Market by Country
7.1.2.3 North America Agriculture Market by Country
7.1.2.4 North America Plastics Market by Country
7.1.2.5 North America Paints & Coatings Market by Country
7.1.2.6 North America Others Market by Country
7.1.3 North America Malonic Acid Market by Country
7.1.3.1 US Malonic Acid Market
7.1.3.1.1 US Malonic Acid Market by Application
7.1.3.1.2 US Malonic Acid Market by End-Use
7.1.3.2 Canada Malonic Acid Market
7.1.3.2.1 Canada Malonic Acid Market by Application
7.1.3.2.2 Canada Malonic Acid Market by End-Use
7.1.3.3 Mexico Malonic Acid Market
7.1.3.3.1 Mexico Malonic Acid Market by Application
7.1.3.3.2 Mexico Malonic Acid Market by End-Use
7.1.3.4 Rest of North America Malonic Acid Market
7.1.3.4.1 Rest of North America Malonic Acid Market by Application
7.1.3.4.2 Rest of North America Malonic Acid Market by End-Use
7.2 Europe Malonic Acid Market
7.2.1 Europe Malonic Acid Market by Application
7.2.1.1 Europe Flavor Enhancer Market by Country
7.2.1.2 Europe API Market by Country
7.2.1.3 Europe Additive Market by Country
7.2.1.4 Europe pH Controller Market by Country
7.2.1.5 Europe Precurser Market by Country
7.2.1.6 Europe Others Market by Country
7.2.2 Europe Malonic Acid Market by End-Use
7.2.2.1 Europe Food & Beverage Market by Country
7.2.2.2 Europe Pharmaceutical Market by Country
7.2.2.3 Europe Agriculture Market by Country
7.2.2.4 Europe Plastics Market by Country
7.2.2.5 Europe Paints & Coatings Market by Country
7.2.2.6 Europe Others Market by Country
7.2.3 Europe Malonic Acid Market by Country
7.2.3.1 Germany Malonic Acid Market
7.2.3.1.1 Germany Malonic Acid Market by Application
7.2.3.1.2 Germany Malonic Acid Market by End-Use
7.2.3.2 UK Malonic Acid Market
7.2.3.2.1 UK Malonic Acid Market by Application
7.2.3.2.2 UK Malonic Acid Market by End-Use
7.2.3.3 France Malonic Acid Market
7.2.3.3.1 France Malonic Acid Market by Application
7.2.3.3.2 France Malonic Acid Market by End-Use
7.2.3.4 Russia Malonic Acid Market
7.2.3.4.1 Russia Malonic Acid Market by Application
7.2.3.4.2 Russia Malonic Acid Market by End-Use
7.2.3.5 Spain Malonic Acid Market
7.2.3.5.1 Spain Malonic Acid Market by Application
7.2.3.5.2 Spain Malonic Acid Market by End-Use
7.2.3.6 Italy Malonic Acid Market
7.2.3.6.1 Italy Malonic Acid Market by Application
7.2.3.6.2 Italy Malonic Acid Market by End-Use
7.2.3.7 Rest of Europe Malonic Acid Market
7.2.3.7.1 Rest of Europe Malonic Acid Market by Application
7.2.3.7.2 Rest of Europe Malonic Acid Market by End-Use
7.3 Asia Pacific Malonic Acid Market
7.3.1 Asia Pacific Malonic Acid Market by Application
7.3.1.1 Asia Pacific Flavor Enhancer Market by Country
7.3.1.2 Asia Pacific API Market by Country
7.3.1.3 Asia Pacific Additive Market by Country
7.3.1.4 Asia Pacific pH Controller Market by Country
7.3.1.5 Asia Pacific Precurser Market by Country
7.3.1.6 Asia Pacific Others Market by Country
7.3.2 Asia Pacific Malonic Acid Market by End-Use
7.3.2.1 Asia Pacific Food & Beverage Market by Country
7.3.2.2 Asia Pacific Pharmaceutical Market by Country
7.3.2.3 Asia Pacific Agriculture Market by Country
7.3.2.4 Asia Pacific Plastics Market by Country
7.3.2.5 Asia Pacific Paints & Coatings Market by Country
7.3.2.6 Asia Pacific Others Market by Country
7.3.3 Asia Pacific Malonic Acid Market by Country
7.3.3.1 China Malonic Acid Market
7.3.3.1.1 China Malonic Acid Market by Application
7.3.3.1.2 China Malonic Acid Market by End-Use
7.3.3.2 Japan Malonic Acid Market
7.3.3.2.1 Japan Malonic Acid Market by Application
7.3.3.2.2 Japan Malonic Acid Market by End-Use
7.3.3.3 India Malonic Acid Market
7.3.3.3.1 India Malonic Acid Market by Application
7.3.3.3.2 India Malonic Acid Market by End-Use
7.3.3.4 South Korea Malonic Acid Market
7.3.3.4.1 South Korea Malonic Acid Market by Application
7.3.3.4.2 South Korea Malonic Acid Market by End-Use
7.3.3.5 Singapore Malonic Acid Market
7.3.3.5.1 Singapore Malonic Acid Market by Application
7.3.3.5.2 Singapore Malonic Acid Market by End-Use
7.3.3.6 Malaysia Malonic Acid Market
7.3.3.6.1 Malaysia Malonic Acid Market by Application
7.3.3.6.2 Malaysia Malonic Acid Market by End-Use
7.3.3.7 Rest of Asia Pacific Malonic Acid Market
7.3.3.7.1 Rest of Asia Pacific Malonic Acid Market by Application
7.3.3.7.2 Rest of Asia Pacific Malonic Acid Market by End-Use
7.4 LAMEA Malonic Acid Market
7.4.1 LAMEA Malonic Acid Market by Application
7.4.1.1 LAMEA Flavor Enhancer Market by Country
7.4.1.2 LAMEA API Market by Country
7.4.1.3 LAMEA Additive Market by Country
7.4.1.4 LAMEA pH Controller Market by Country
7.4.1.5 LAMEA Precurser Market by Country
7.4.1.6 LAMEA Others Market by Country
7.4.2 LAMEA Malonic Acid Market by End-Use
7.4.2.1 LAMEA Food & Beverage Market by Country
7.4.2.2 LAMEA Pharmaceutical Market by Country
7.4.2.3 LAMEA Agriculture Market by Country
7.4.2.4 LAMEA Plastics Market by Country
7.4.2.5 LAMEA Paints & Coatings Market by Country
7.4.2.6 LAMEA Others Market by Country
7.4.3 LAMEA Malonic Acid Market by Country
7.4.3.1 Brazil Malonic Acid Market
7.4.3.1.1 Brazil Malonic Acid Market by Application
7.4.3.1.2 Brazil Malonic Acid Market by End-Use
7.4.3.2 Argentina Malonic Acid Market
7.4.3.2.1 Argentina Malonic Acid Market by Application
7.4.3.2.2 Argentina Malonic Acid Market by End-Use
7.4.3.3 UAE Malonic Acid Market
7.4.3.3.1 UAE Malonic Acid Market by Application
7.4.3.3.2 UAE Malonic Acid Market by End-Use
7.4.3.4 Saudi Arabia Malonic Acid Market
7.4.3.4.1 Saudi Arabia Malonic Acid Market by Application
7.4.3.4.2 Saudi Arabia Malonic Acid Market by End-Use
7.4.3.5 South Africa Malonic Acid Market
7.4.3.5.1 South Africa Malonic Acid Market by Application
7.4.3.5.2 South Africa Malonic Acid Market by End-Use
7.4.3.6 Nigeria Malonic Acid Market
7.4.3.6.1 Nigeria Malonic Acid Market by Application
7.4.3.6.2 Nigeria Malonic Acid Market by End-Use
7.4.3.7 Rest of LAMEA Malonic Acid Market
7.4.3.7.1 Rest of LAMEA Malonic Acid Market by Application
7.4.3.7.2 Rest of LAMEA Malonic Acid Market by End-Use
Chapter 8. Company Profiles
8.1 Trace Zero LLC
8.1.1 Company Overview
8.2 Lygos Inc.
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Wuhan Amino Acid Bio-Chemical Co., Ltd.
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 Hefei TNJ Chemical Industry Co.,Ltd.
8.4.1 Company Overview
8.5 Hebei jingye group
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Acquisition and Mergers:
8.6 Shandong Lixing Advanced Material Co., Ltd.
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 Nanjing Perlove Medical Equipment Co., Ltd.
8.7.1 Company Overview
8.8 Wacker Chemie AG
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expenses
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisition and Mergers:
8.8.6 SWOT Analysis
8.9 Thermo Fisher Scientific, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Acquisition and Mergers:
8.9.6 SWOT Analysis
8.10. Lonza Group Ltd.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expenses
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Acquisition and Mergers:
8.10.6 SWOT Analysis
Chapter 9. Winning Imperatives for Malonic Acid Market

Companies Mentioned

  • Trace Zero LLC
  • Lygos Inc.
  • Wuhan Amino Acid Bio-Chemical Co., Ltd
  • Hefei TNJ Chemical Industry Co.,Ltd.
  • Hebei jingye group
  • Shandong Lixing Chemical Co. Ltd.
  • Nanjing Perlove Medical Equipment Co., Ltd.
  • Wacker Chemie AG
  • Thermo Fisher Scientific, Inc.
  • Lonza Group Ltd.

Methodology

Loading
LOADING...