(EMAILWIRE.COM, August 05, 2018 ) Muconic acid is a dicarboxylic acid; it is a chemical compound that contains two carboxylic functional groups and is denoted in organic chemistry as -COOH. This carboxylic compound may be either aliphatic or aromatic. Dicarboxylic acid shows reactive behavior to monocarboxylic acid. Muconic acid is produced by the enzymatic degradation of certain aromatic chemical compounds. Muconic acid derivatives are used to manufacture a variety of products such as plastics, lubricants, carpets, and textiles.

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Muconic acid industry is highly concentrated, the manufacturers have high bargaining power over downstream users. Also, target client are mainly small and medium sized players. Leading suppliers in the industry are Myriant, Amyris, Santa Cruz Biotechnology, Sigma-Aldrich Corporation, TCI, etc.
We tend to believe this industry is a rising industry, and the consumption increasing degree will show a smooth growth curve. And the price presents fluctuation according to the economy development status and international competition. Also, there is fluctuation in gross margin.
Over the next five years, LPI(LP Information) projects that Muconic Acid will register a 2.9% CAGR in terms of revenue, reach US$ 42 million by 2023, from US$ 35 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Muconic Acid market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
• Trans, trans-Muconic Acid
• Cis, trans-Muconic Acid
• Cis, cis-Muconic Acid
Segmentation by application:
• Adipic Acid
• Scientific Research
• Others
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
• Myriant
• Amyris
• Santa Cruz Biotechnology
• Sigma-Aldrich Corporation
• TCI
• Toronto Research Chemicals
• Thermo Fisher Scientific
• Dynacare
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
• To study and analyze the global Muconic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Muconic Acid market by identifying its various subsegments.
• Focuses on the key global Muconic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Muconic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Muconic Acid submarkets, with respect to key regions (along with their respective key countries).
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
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