Product
Itaconic Acid Price Trend and Forecast
Itaconic Acid Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Itaconic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Itaconix PLC is a leading company that manufactures polymers from itaconic acid. The company announced that trading in the first three months of 2022 was significantly ahead of the same time in 2021, causing the stock to rise by as much as 13%. The company, which manufactures plant-based specialty polymers for use in consumer goods, confirmed that trading in the first quarter supported current market estimates for FY2022.
It has witnessed growth from three new North American brands that had launched in the second part of 2021, as well as recurrent orders from existing significant North American companies. The third quarter will see the launch of a new North American brand, with others to follow by the end of 2022.
Procurement Resource provides latest prices of Itaconic Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
Itaconic acid, also known as methylidene-succinic acid, is an organic acid. This dicarboxylic acid is a white solid that is water, ethanol, and acetone soluble. Itaconic acid was usually made by the distillation of citric acid, but it is now generated by the process of fermentation.
Product Details
| Report Features | Details |
| Product Name | Itaconic Acid |
| Industrial Uses | Adhesives and sealant chemicals, Agricultural chemicals (non-pesticidal), Intermediates, Paint additives and coating additives, Plasticizers |
| Chemical Formula | C5H6O4 |
| Synonyms | Methylidenebutanedioic acid, 2-Methylenesuccinic acid, Methylenesuccinic acid, 1-Propene-2-3-dicarboxylic acid |
| Molecular Weight | 130.099 g·mol−1 |
| Supplier Database | Itaconix Corporation, Qingdao Langyatai, Zhejiang Guoguang, Alpha Chemika, Shandong Kaison, Jinan Huaming, Iwata Chemical |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Production Processes
- Production of Itaconic Acid from Citric Acid; via Fermentation of Glucose
Citric acid cycle intermediate cis-aconitate, which is created from citric acid, produces itaconic acid. Itaconic acid can be made from sugars like glucose since it is linked to the citric acid cycle.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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