Top 5 manufacturers in Fumaric Acid Market
Prof Research published a new report on the Fumaric Acid market. It presents the largest 5 manufacturers in Fumaric Acid Market. The report is a professional and in-depth study of the current state of the global Fumaric Acid market. The report provides key statistics on the market of Fumaric Acid. It is a valuable source of guidance and direction for companies and individuals interested in the Fumaric Acid industry.
Fumaric acid is a white crystalline compound with a sour taste. It is a dicarboxylic acid and has the chemical formula C4H4O4. Fumaric acid is found in various plants, including fruits such as apples, and is used as a food additive in the production of beverages, baked goods, and candy.
Fumaric acid has several industrial applications, such as in the manufacture of resins and plastics, where it is used as a cross-linking agent. It is also used in the production of medicines, where it is used as an intermediate in the synthesis of various drugs.
Fumaric acid has been investigated for its potential therapeutic uses in the treatment of certain diseases, including psoriasis, multiple sclerosis, and various types of cancer. It is believed to work by modulating the immune system and has been shown to have anti-inflammatory and antioxidant properties.
The global Fumaric Acid market was valued to be 363.5 million USD in 2022. The Fumaric Acid production value is anticipated to have growth with a CAGR of 0.54% in the coming years to reach 375.6 million USD in 2028.