Muconic Acid Market - Size, Share, Growth, Trends and Forecast, 2014 – 2020

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Research
Muconic Acid Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020
Published Date
08-Aug-2014
58 Page Report
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Press Release
Muconic Acid Market Driven by Spiraling Demand for Adipic Acid :
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Muconic Acid Market
REPORT DESCRIPTION
Muconic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
The analytical market research report “Muconic Acid Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast, 2014 - 2020” is now available on Transparency Market Research’s official
site. The global muconic acid market report serves as a detailed market research guide for clients requiring
latest industry figures and insights. According to the report, the global muconic acid market was worth
US$54.21 million in 2013 and will reach an estimated value of US$86.54 million by the end of 2020.The global
muconic acid market will expand at a 7.0% compounded annual growth rate during the forecast period of 2014
to 2020.The primary key driver behind the growth of the global muconic acid market is the massive demand for
adipic acid. The growing demand for nylon fibers worldwide is fueling the growth of the market for adipic acid.
In 2013, the adipic acid segment in the global muconic acid market was by far the leading segment in terms of
volume; it held over 85% of the total volumes share in 2013. Other derivative segments of muconic acid such
as caprolactam will also benefit from the increasing demand for nylon fibers globally.
Browse the full Muconic Acid Market By Derivatives For Plastics, Carpets and Textiles, Lubricants and
Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
report at http://www.transparencymarketresearch.com/muconic-acid-market.html
The global muconic acid market is divided according to application into plastics, lubricants, carpets and
textiles, biomarkers, etc. Adipic acid finds application majorly in the textile and automotive industries.
Caprolactam, another derivative of muconic acid, also finds its application in the textile industry. Volume-wise,
the carpets and textiles segment led the global market for muconic acid in 2013 with a 46% share of the global
market. The plastics application segment of muconic acid emerged as the second leading segment in terms of
volume during the same year. Plastic made using muconic acid derivatives finds an extensive use in the
automobile industry in tire cords along with other manufacturing parts such as conveyor belts. The automobile
industry employs nylon widely due to its lightness and high tensile strength.
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Some of the top market players that supply the automobile and textile industry with muconic acid derivatives
are Santa Cruz Biotechnology Inc., Myriant Corporation, and Sigma-Aldrich Corporation. One key trend that
will shape the global muconic acid market in the coming years is the increasing consumer preference towards
bio-based muconic acid products. This trend provides significant opportunities to existing and emerging market
players in the global muconic acid industry. However, industry players will be challenged by the accelerating
presence of bio-based and chemical-based substitutes for muconic acid derivatives. Many of these substitutes
tend to be cheaper compared to muconic acid products, which might hamper the growth of the overall muconic
acid market.
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Geographically, North America and Europe will continue to dominate the global muconic acid market. These
two regions have led the global muconic acid market thanks to the concentration of the production of muconic
acid derivatives in these regions. A 5.4% CAGR will be demonstrated by the North America muconic acid
market in the forecast period. Asia Pacific will also display moderate growth in the global muconic acid market
during the forecast period.
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TABLE OF CONTENT
Chapter 1 Preface
1.1 Report description
1.2 Market segmentation
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1.2.1 Global muconic acid market segmentation by derivatives, application and region
1.3 Research scope and assumptions
1.4 Research methodology
Chapter 2 Executive Summary
2.1 Global muconic acid market, 2013 – 2020 (Tons) (USD Thousand)
2.2 Global muconic acid market snapshot, 2013 and 2020
Chapter 3 Muconic Acid – Industry Analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
3.3.1 Increasing demand for adipic acid due to rising consumption of nylon 6,6 in various applications
3.3.1.1 Global adipic acid market, 2013 - 2020 (Kilo Tons)(USD Million)
3.3.2 Growing demand for caprolactam due to increasing demand from carpet and textiles industry
3.3.2.1 Global caprolactam market, 2013 – 2020 (Kilo Tons) (USD Million)
3.4 Restraints
3.4.1 Presence of synthetic and bio-based substitutes for production of muconic acid derivatives hampers
market growth
3.5 Opportunities
3.5.1 Shift towards bio-based muconic acid
3.6 Porter’s five forces analysis
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3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat of new entrants
3.6.4 Threat from substitutes
3.6.5 Degree of competition
3.7 Market attractiveness
3.7.1 Muconic acid market: Market attractiveness analysis, by application
3.8 List of potential buyers of muconic acid
3.9 Muconic acid: Price trend analysis, 2013 – 2020 (USD/Ton)
Chapter 4 Muconic Acid - Derivative Analysis
4.1 Global muconic acid market volume share, by application, 2013 & 2020
4.2 Adipic acid
4.2.1 Global muconic acid market for adipic acid, 2013 - 2020, (Tons) (USD Thousand)
4.3 Caprolactam
4.3.1 Global muconic acid market for caprolactam, 2013 - 2020, (Tons) (USD Thousand)
4.4 Others
4.4.1 Global muconic acid market for other derivatives, 2013 - 2020, (Tons) (USD Thousand)
Chapter 5 Muconic Acid - Application Analysis
5.1 Global muconic acid market volume share, by application, 2013 & 2020
5.2 Plastics
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5.2.1 Global muconic acid market for plastics application, 2013 - 2020, (Tons) (USD Thousand)
5.3 Carpets & textiles
5.3.1 Global muconic acid market for carpets & textiles application, 2013 - 2020, (Tons) (USD Thousand)
5.4 Lubricants
5.4.1 Global muconic acid market for lubricants application, 2013 - 2020, (Tons) (USD Thousand)
5.5 Other
5.5.1 Global muconic acid market for other applications, 2013 - 2020, (Tons) (USD Thousand)
Chapter 6 Muconic Acid - Regional Analysis
6.1 Global muconic acid market volume share, by region, 2013 & 2020
6.2 North America
6.2.1 North America muconic acid market volume, by derivatives, 2013 - 2020 (Tons)
6.2.2 North America muconic acid market revenue, by derivatives, 2013 - 2020 (USD Thousand)
6.2.3 North America muconic acid market volume, by application, 2013 - 2020 (Tons)
6.2.4 North America muconic acid market revenue, by application, 2013 - 2020 (USD Thousand)
6.3 Europe
6.3.1 Europe muconic acid market volume, by derivatives, 2013 - 2020 (Tons)
6.3.2 Europe muconic acid market revenue, by derivatives, 2013 - 2020 (USD Thousand)
6.3.3 Europe muconic acid market volume, by application, 2013 - 2020 (Tons)
6.3.4 Europe muconic acid market revenue, by application, 2013 - 2020 (USD Thousand)
6.4 Asia Pacific
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6.4.1 Asia Pacific muconic acid market volume, by derivatives, 2013 - 2020 (Tons)
6.4.2 Asia Pacific muconic acid market revenue, by derivatives, 2013 - 2020 (USD Thousand)
6.4.3 Asia Pacific muconic acid market volume, by application, 2013 - 2020 (Tons)
6.4.4 Asia Pacific muconic acid market revenue, by application, 2013 - 2020 (USD Thousand)
6.5 Rest of the World (RoW)
6.5.1 RoW muconic acid market volume, by derivatives, 2013 - 2020 (Tons)
6.5.2 RoW muconic acid market revenue, by derivatives, 2013 - 2020 (USD Thousand)
6.5.3 RoW muconic acid market volume, by application, 2013 - 2020 (Tons)
6.5.4 RoW muconic acid market revenue, by application, 2013 - 2020 (USD Thousand)
Chapter 7 Company Profiles
7.1 Myriant Corporation
7.1.1 Company overview
7.1.2 Financial overview
7.1.3 Business strategy
7.1.4 SWOT analysis
7.1.5 Recent developments
7.2 Santa Cruz Biotechnology, Inc.
7.2.1 Company overview
7.2.2 Financial overview
7.2.3 Business strategy
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7.2.4 SWOT analysis
7.3 Sigma-Aldrich Corporation
7.3.1 Company overview
7.3.2 Financial overview
7.3.3 Business strategy
7.3.4 SWOT analysis
7.3.5 Recent developments
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Increasing demand for nylon fibers from the carpets and textiles industry is expected to boost the growth of the adipic acid and caprolactam market. This, in turn, is anticipated to drive the muconic acid market. Muconic acid forms an intermediate in the production of adipic acid, caprolactam, terephthalic acid (TPA), etc. However, muconic acid is currently not preferred in the production of its derivatives on a large scale due to its low yield and subsequent high price. Other substitutes such as cyclohexane are preferred over muconic acid as they are easily available at cheaper rates. Thus, these substitutes are estimated to hamper market growth during the forecast period. However, development of bio-based muconic acid is projected to offer immense opportunities in the market in the near future. Currently, companies such as Invista, Verdezyne and Rennovia produce bio-based adipic acid through the fermentation of glucose. Browse The Full Market Report , Here : http://www.transparencymarketresearch.com/muconic-acid-market.html

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