Global Muconic Acid Market size was valued at USD 150.3 Million in 2024 and is expected to reach USD 225.6 Million by 2033, at a CAGR of 4.7% during the forecast period 2024 – 2033.
Muconic Acid Market: Overview
Muconic acid is a chemical compound with the molecular formula C6H6O4. It exists in two stereoisomeric forms: cis,trans-muconic acid and trans,trans-muconic acid.
Muconic acid is a chemical compound with the molecular formula C6H6O4. It exists in two stereoisomeric forms: cis,trans-muconic acid and trans,trans-muconic acid. This dicarboxylic acid is a key intermediate in the biosynthesis of various valuable chemicals, including adipic acid, which is used in the production of nylon, and caprolactam, a precursor to nylon-6.
Muconic acid can be produced via biotechnological routes using renewable feedstocks, making it an attractive candidate for sustainable chemical production. Additionally, it has potential applications in the synthesis of pharmaceuticals, agrochemicals, and polymers.
Muconic acid’s versatility and its role in the development of green and sustainable chemical processes have garnered increasing interest in both academic research and industrial applications.
By type, Trans, the Trans-Muconic Acid segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Trans, trans-muconic acid is a chemical compound with the molecular formula C6H6O4.
It is one of the stereoisomeric forms of muconic acid, with double bonds in the trans configuration. This compound is a key intermediate in various biochemical pathways and has gained attention for its potential applications in biotechnology and chemical synthesis.
By application, the carpet segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Carpets are textile floor coverings typically made from woven or tufted fabric.
They come in a variety of materials such as wool, nylon, polyester, and polypropylene. Carpets provide warmth, comfort, and noise reduction in indoor spaces, making them popular for residential and commercial use.
In North America, a notable trend involves the increasing adoption of renewable energy sources such as solar and wind power, driven by environmental concerns and technological advancements. This shift is reshaping energy infrastructure, policies, and investment priorities, aiming for a more sustainable and diversified energy landscape.
Thermo Fisher Scientific Inc. is an American supplier of analytical instruments, life sciences solutions, specialty diagnostics, laboratory, pharmaceutical and biotechnology services.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 150.3 Million |
| Projected Market Size in 2033 | USD 225.6 Million |
| Market Size in 2023 | USD 149.1 Million |
| CAGR Growth Rate | 4.7% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Type, Application and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
CMI has comprehensively analyzed the Global Muconic Acid market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict in depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Muconic Acid industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Muconic Acid Market:
- Santa Cruz Biotechnology Inc.
- Merck KGaA
- Amyris Inc.
- Dynacare (Laboratory Corporation of America Holdings)
- Thermo Fisher Scientific Inc.
- Tokyo Chemical Industry (India) Pvt. Ltd.
- Toronto Research Chemicals Inc.
- Zhongxing Flavors & Fragrance
- TCI
- Alfa Aesar
- Others
The Muconic Acid Market is segmented as follows:
By Type
- Trans-Muconic Acid
- Cis-Muconic Acid
- Cis-Trans-Muconic Acid
By Application
- Carpets
- Plastics
- Lubricants
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America