Itaconic Acid Forecast Analysis, News | Provided by Procurement Resource
Posted on 30 December, 2022 by Endru Smith
| Product Name | Itaconic Acid |
| HS Code | 29171960 |
| Molecular Weight | 130.099 g·mol−1 |
| Chemical Formula | C5H6O4 |
| Synonyms |
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| Region/Countries for which Data is available |
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| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
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Itaconic acid is an organic acid, which is also known as methylidene-succinic acid. The structural formula of Itaconic acid is C5H6O4 and its molecular weight is 130.099 g mol-1. This white solid dicarboxylic acid is soluble in water, ethanol, and acetone.
Itaconic is produced by distilling citric acid, but it is currently produced through fermentation. Itaconic acid is formed by the intermediate in the citric acid cycle, cis-aconitate. Since itaconic acid is unrelated to citric acid, it can be produced from carbohydrates like glucose.
The leading region in the market of itaconic acid is the Asia Pacific, wherein countries like China, South Korea, Thailand, and Indonesia are contributing to the market.
Key Details About the Itaconic Acid Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the itaconic acid price, propane price and electricity price etc. in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The itaconic acid price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Itaconic Acid Price Trend:
The itaconic acid price trend is influenced by its industrial uses which include the production of industrial resins, as a building block for acrylic plastics and as an anti-scaling agent. It is also employed in the plastic and paint industry.
Key Market Players:
- Itaconix Corporation
- Qingdao Langyatai
- Zhejiang Guoguang
- Alpha Chemika
- Shandong Kaison
- Jinan Huaming
- Iwata Chemical
News and Events:
- September 2021: There were some recent developments from microbial cell factories in the production of itaconic acid.
Related Reports:
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