Agreements and Acquisitions are the Key Strategies Adopted by the Leading Players in the Itaconic Acid Market
[104 Pages Report] The use of Itaconic Acid has become crucial in various applications, such as SBR latex, as itaconic acid exhibits high adhesive strength, improved tensile strength, and moisture resistance. The Itaconic Acid Market is projected to reach USD 102.3 Million by 2022, at a CAGR of 4.1% from 2017 to 2022.
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Agreements and acquisition have been the key developmental strategies adopted by the leading players operating in the itaconic acid market between 2011 and 2017. These strategies have been adopted by these companies to enhance their product portfolios, and strengthen their presence in developed as well as emerging economies.
Agreements and acquisition accounted for shares of 67% and 33%, respectively, of the overall growth strategies adopted by the leading players between 2011 and 2017. These market players concentrated mainly on consolidations by adopting these strategies to increase their market shares and enhance their sustainability.
Major players profiled in this report include Itaconix Corporation (UK), Qingdao Langyatai (China), Zhejiang Guoguang (China), Alpha Chemika (India), Shandong Kaison (China), Jinan Huaming (China), Iwata Chemical (Japan), Aekyung Petrochemical (South Korea), Ronas Chemical (China), and Chengdu Jinkai (China).
https://www.prnewswire.com/news-releases/itaconic-acid-market-worth-1023-million-usd-by-2022-677462303.html
Itaconix Corporation is a major company operating in the itaconic acid market that has adopted the maximum number of growth strategies between 2011 and 2017. Itaconix is one of the major manufacturers of itaconic acid for use in different applications, such as chillant dispersant agents, superabsorbent polymers, and latex, among others. The company accounted for the largest share of all the developmental activities that took place in the itaconic acid market between 2011 and 2017.
The company adopts dynamic growth strategies, especially acquisitions and agreements to strengthen its product portfolio and geographical presence. For example, in January 2017, Itaconix entered into a joint marketing agreement with Croda Inc. (UK). As per the agreement, Revolymer produces
different grades of ItaconiX Zinador, and Croda will market and sell ZINADOR in the household, municipal, animal, and industrial applications. Such an approach by the company has helped them to increase their revenue and market share in the European itaconic acid market.
Qingdao Langyatai is a major company in China involved in the wine & liquor, health industry, marine life, organic feed, and in real estate industries. The company offers itaconic acid through its subsidiary, Qingdao Kehai Biochemistry Co., Ltd. The itaconic acid manufactured by the company is exported to countries in North America and Europe, among others. The company has the largest global itaconic acid production capacity.
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Don't miss out on business opportunities in Itaconic Acid Market.
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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
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Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
[104 Pages Report] The use of Itaconic Acid has become crucial in various applications, such as SBR latex, as itaconic acid exhibits high adhesive strength, improved tensile strength, and moisture resistance. The Itaconic Acid Market is projected to reach USD 102.3 Million by 2022, at a CAGR of 4.1% from 2017 to 2022.
Request for PDF brochure of the report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=35695455
Agreements and acquisition have been the key developmental strategies adopted by the leading players operating in the itaconic acid market between 2011 and 2017. These strategies have been adopted by these companies to enhance their product portfolios, and strengthen their presence in developed as well as emerging economies.
Agreements and acquisition accounted for shares of 67% and 33%, respectively, of the overall growth strategies adopted by the leading players between 2011 and 2017. These market players concentrated mainly on consolidations by adopting these strategies to increase their market shares and enhance their sustainability.
Major players profiled in this report include Itaconix Corporation (UK), Qingdao Langyatai (China), Zhejiang Guoguang (China), Alpha Chemika (India), Shandong Kaison (China), Jinan Huaming (China), Iwata Chemical (Japan), Aekyung Petrochemical (South Korea), Ronas Chemical (China), and Chengdu Jinkai (China).
https://www.prnewswire.com/news-releases/itaconic-acid-market-worth-1023-million-usd-by-2022-677462303.html
Itaconix Corporation is a major company operating in the itaconic acid market that has adopted the maximum number of growth strategies between 2011 and 2017. Itaconix is one of the major manufacturers of itaconic acid for use in different applications, such as chillant dispersant agents, superabsorbent polymers, and latex, among others. The company accounted for the largest share of all the developmental activities that took place in the itaconic acid market between 2011 and 2017.
The company adopts dynamic growth strategies, especially acquisitions and agreements to strengthen its product portfolio and geographical presence. For example, in January 2017, Itaconix entered into a joint marketing agreement with Croda Inc. (UK). As per the agreement, Revolymer produces
different grades of ItaconiX Zinador, and Croda will market and sell ZINADOR in the household, municipal, animal, and industrial applications. Such an approach by the company has helped them to increase their revenue and market share in the European itaconic acid market.
Qingdao Langyatai is a major company in China involved in the wine & liquor, health industry, marine life, organic feed, and in real estate industries. The company offers itaconic acid through its subsidiary, Qingdao Kehai Biochemistry Co., Ltd. The itaconic acid manufactured by the company is exported to countries in North America and Europe, among others. The company has the largest global itaconic acid production capacity.
Early buyers will receive 10% free customization on this report.
Don't miss out on business opportunities in Itaconic Acid Market.
Speak to Our Analyst and gain crucial industry insights that will help your business grow.
https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=35695455
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
sales@marketsandmarkets.com
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