세계의 말론산 시장 - 성장, 전망, 경쟁 분석(2024-2032년)

The malonic acid market is expected to grow at a CAGR of 3.5% during the forecast period of 2024 to 2032, driven by factors such as the increasing demand for pharmaceutical applications, the expanding food and beverage industry, and the growing adoption of malonic acid as a precursor in chemical synthesis processes. However, the limited availability of raw materials poses a challenge to market growth. The pharmaceutical segment dominates the market in terms of revenue, while the precursor segment exhibits the highest growth potential. Geographically, North America leads the market, but Asia-Pacific is poised for significant growth. Top players focus on research and development to meet evolving customer needs and maintain their competitive edge, shaping the future of the malonic acid market.

Key Market Drivers

Increasing Demand for Pharmaceutical Applications

A major driver propelling the malonic acid market is the rising demand for pharmaceutical applications. Malonic acid and its derivatives find extensive use in pharmaceutical synthesis, particularly in the production of active pharmaceutical ingredients (APIs) and intermediate compounds. Companies such as Lonza Group and Bachem Holding AG are leading players in the pharmaceutical industry, utilizing malonic acid in the synthesis of drugs for various therapeutic areas, including cardiovascular, central nervous system, and anti-inflammatory medications. For instance, malonic acid derivatives such as methyl malonate and ethyl malonate are widely employed as key building blocks in the synthesis of pharmaceutical intermediates. Moreover, the increasing prevalence of chronic diseases and the growing aging population worldwide drive the demand for pharmaceutical products, thereby fueling the consumption of malonic acid in pharmaceutical applications.

Expanding Food and Beverage Industry

Another significant driver of the malonic acid market is the expanding food and beverage industry. Malonic acid serves as a flavor enhancer and pH controller in various food and beverage formulations, contributing to taste enhancement, acidity regulation, and preservation. Companies such as Fufeng Group and Koninklijke DSM N.V. offer malonic acid-based ingredients for use in food and beverage applications, catering to the increasing demand for natural and clean-label ingredients among consumers. For example, malonic acid is used in the production of artificial fruit flavors and sour candies, providing a tart and refreshing taste profile. Additionally, malonic acid derivatives such as diethyl malonate and dimethyl malonate are utilized as additives in food and beverage products to improve stability and shelf life. The growing consumer preference for healthier and more natural food ingredients drives the demand for malonic acid in the food and beverage industry, supporting market growth.

Growing Adoption as a Precursor in Chemical Synthesis

The adoption of malonic acid as a precursor in chemical synthesis processes is another key driver driving market expansion. Malonic acid derivatives such as diethyl malonate and dimethyl malonate are widely used as versatile building blocks in organic synthesis, enabling the production of a diverse range of compounds including pharmaceuticals, agrochemicals, and specialty chemicals. Companies like BASF SE and Eastman Chemical Company leverage malonic acid derivatives in the synthesis of fine chemicals and intermediates, contributing to the development of novel materials and products. For instance, diethyl malonate is utilized in the Knoevenagel condensation reaction to synthesize a,B-unsaturated carbonyl compounds, which serve as key intermediates in pharmaceutical and agrochemical synthesis. The versatility and reactivity of malonic acid derivatives make them valuable components in the chemical industry, driving demand for malonic acid as a precursor in various synthesis pathways.

Restraint

Despite the positive outlook, the malonic acid market faces certain restraints that may hinder its growth. One significant restraint is the limited availability of raw materials for malonic acid production. Malonic acid is primarily synthesized through the cyanide process, which involves the reaction of hydrogen cyanide with carbon dioxide under high pressure and temperature. However, the availability and cost of hydrogen cyanide, a key raw material, can fluctuate due to regulatory constraints and environmental concerns associated with cyanide production. Additionally, the cyanide process has inherent safety risks and environmental implications, further complicating the production of malonic acid. Alternative synthetic routes such as the ester condensation method have been explored, but scalability and cost-effectiveness remain challenges. As a result, the availability and cost of raw materials for malonic acid production may impact market dynamics and hinder market growth in the forecast period.

Key Market Segmentation Analysis

Market by Application

In terms of market segmentation by application, the pharmaceutical segment emerged as the highest revenue generator in 2023, driven by the widespread use of malonic acid and its derivatives in pharmaceutical synthesis. However, the precursor segment exhibited the highest compound annual growth rate (CAGR) during the forecast period from 2024 to 2032, fueled by the increasing demand for malonic acid as a key building block in chemical synthesis processes across various industries.

Market by End Use

Regarding end-user segmentation, the pharmaceutical industry led the malonic acid market in 2023, attributed to the extensive use of Malonic acid derivatives in drug synthesis and formulation. However, the food and beverage industry is expected to witness the highest CAGR during the forecast period, driven by the growing demand for natural and clean-label ingredients in food and beverage applications.

North America Remains the Global Leader

Geographically, North America led the malonic acid market in 2023, owing to the presence of key pharmaceutical and chemical manufacturers in the region. However, Asia-Pacific is expected to exhibit the highest CAGR during the forecast period, driven by rapid industrialization, increasing investment in pharmaceutical research and development, and the expanding food and beverage industry in countries such as China, India, and Japan.

Market Competition to Intensify during the Forecast Period

In terms of competitive trends, top players in the malonic acid market include companies such as Lonza Group, BASF SE, Fufeng Group, Koninklijke DSM N.V., Wuhan Kemi-Works Chemical Co., Ltd., Shanghai Nanxiang Reagent Co., Ltd., Columbus Chemical Industries, Inc., Tateyama Kasei co., Ltd, Trace Zero LLC, Medical Chem (Yancheng) Manuf.Co., Ltd., J&K Scientific Ltd., Lagos, and Hefei TNJ Chemical Industry Co., Ltd. These companies focus on research and development, product innovation, and strategic partnerships to maintain their market position and capitalize on emerging opportunities in the global market. With the increasing demand for pharmaceuticals, food ingredients, and fine chemicals, the malonic acid market is expected to witness continued growth and innovation in the coming years.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Malonic Acid market are as follows:

Research and development budgets of manufacturers and government spending

Revenues of key companies in the market segment

Number of end users and consumption volume, price and value.

Geographical revenues generate by countries considered in the report

Micro and macro environment factors that are currently influencing the Malonic Acid market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Application

• Flavor Enhancer

• API

• Additive

pH Controller

• Precurser

• Other Applications

End-Use

• Food & Beverage

• Confectionery

• Beverages

• Fruit Preparations & Preserves

• Baked Items

• Others

• Pharmaceutical

• Agriculture

• Plastics

• Paints & Coatings

• Other End-Use

Region Segment (2022-2032; US$ Million)

North America

U.S.

Canada

Rest of North America

UK and European Union

UK

Germany

Spain

Italy

France

Rest of Europe

Asia Pacific

China

Japan

India

Australia

South Korea

Rest of Asia Pacific

Latin America

Brazil

Mexico

Rest of Latin America

Middle East and Africa

GCC

Africa

Rest of Middle East and Africa

Key questions answered in this report

What are the key micro and macro environmental factors that are impacting the growth of Malonic Acid market?

What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?

Estimated forecast and market projections up to 2032.

Which segment accounts for the fastest CAGR during the forecast period?

Which market segment holds a larger market share and why?

Are low and middle-income economies investing in the Malonic Acid market?

Which is the largest regional market for Malonic Acid market?

What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?

Which are the key trends driving Malonic Acid market growth?

Who are the key competitors and what are their key strategies to enhance their market presence in the Malonic Acid market worldwide?

Table of Contents

1. Preface

• 1.1. Report Description
  • 1.1.1. Purpose of the Report
  • 1.1.2. Target Audience
  • 1.1.3. Key Offerings
• 1.2. Market Segmentation
• 1.3. Research Methodology
  • 1.3.1. Phase I - Secondary Research
  • 1.3.2. Phase II - Primary Research
  • 1.3.3. Phase III - Expert Panel Review
  • 1.3.4. Assumptions
  • 1.3.5. Approach Adopted

2. Executive Summary

• 2.1. Market Snapshot: Global Malonic Acid Market
• 2.2. Global Malonic Acid Market, By Application, 2023 (US$ Million)
• 2.3. Global Malonic Acid Market, By End-Use, 2023 (US$ Million)
• 2.4. Global Malonic Acid Market, By Geography, 2023 (US$ Million)
• 2.5. Attractive Investment Proposition by Geography, 2023

3. Malonic Acid Market: Competitive Analysis

• 3.1. Market Positioning of Key Malonic Acid Market Vendors
• 3.2. Strategies Adopted by Malonic Acid Market Vendors
• 3.3. Key Industry Strategies
• 3.4. Tier Analysis 2023 Versus 2032

4. Malonic Acid Market: Macro Analysis & Market Dynamics

• 4.1. Introduction
• 4.2. Global Malonic Acid Market Value, 2022 - 2032, (US$ Million)
• 4.3. Market Dynamics
  • 4.3.1. Market Drivers
  • 4.3.2. Market Restraints
  • 4.3.3. Key Challenges
  • 4.3.4. Key Opportunities
• 4.4. Impact Analysis of Drivers and Restraints
• 4.5. See-Saw Analysis
• 4.6. Porter's Five Force Model
  • 4.6.1. Supplier Power
  • 4.6.2. Buyer Power
  • 4.6.3. Threat Of Substitutes
  • 4.6.4. Threat Of New Entrants
  • 4.6.5. Competitive Rivalry
• 4.7. PESTEL Analysis
  • 4.7.1. Political Landscape
  • 4.7.2. Economic Landscape
  • 4.7.3. Technology Landscape
  • 4.7.4. Legal Landscape
  • 4.7.5. Social Landscape

5. Malonic Acid Market: By Application, 2022-2032, USD (Million)

• 5.1. Market Overview
• 5.2. Growth & Revenue Analysis: 2023 Versus 2032
• 5.3. Market Segmentation
  • 5.3.1. Flavor Enhancer
  • 5.3.2. API
  • 5.3.3. Additive
  • 5.3.4. pH Controller
  • 5.3.5. Precurser
  • 5.3.6. Other Applications

6. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)

• 6.1. Market Overview
• 6.2. Growth & Revenue Analysis: 2023 Versus 2032
• 6.3. Market Segmentation
  • 6.3.1. Food & Beverage
    • 6.3.1.1. Confectionery
    • 6.3.1.2. Beverages
    • 6.3.1.3. Fruit Preparations & Preserves
    • 6.3.1.4. Baked Items
    • 6.3.1.5. Others
  • 6.3.2. Pharmaceutical
  • 6.3.3. Agriculture
  • 6.3.4. Plastics
  • 6.3.5. Paints & Coatings
  • 6.3.6. Other End-Use

7. North America Malonic Acid Market, 2022-2032, USD (Million)

• 7.1. Market Overview
• 7.2. Malonic Acid Market: By Application, 2022-2032, USD (Million)
• 7.3. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
• 7.4.Malonic Acid Market: By Region, 2022-2032, USD (Million)
  • 7.4.1.North America
    • 7.4.1.1. U.S.
      • 7.4.1.1.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 7.4.1.1.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 7.4.1.2. Canada
      • 7.4.1.2.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 7.4.1.2.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 7.4.1.3. Rest of North America
      • 7.4.1.3.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 7.4.1.3.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)

8. UK and European Union Malonic Acid Market, 2022-2032, USD (Million)

• 8.1. Market Overview
• 8.2. Malonic Acid Market: By Application, 2022-2032, USD (Million)
• 8.3. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
• 8.4.Malonic Acid Market: By Region, 2022-2032, USD (Million)
  • 8.4.1.UK and European Union
    • 8.4.1.1. UK
      • 8.4.1.1.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 8.4.1.1.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 8.4.1.2. Germany
      • 8.4.1.2.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 8.4.1.2.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 8.4.1.3. Spain
      • 8.4.1.3.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 8.4.1.3.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 8.4.1.4. Italy
      • 8.4.1.4.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 8.4.1.4.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 8.4.1.5. France
      • 8.4.1.5.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 8.4.1.5.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 8.4.1.6. Rest of Europe
      • 8.4.1.6.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 8.4.1.6.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)

9. Asia Pacific Malonic Acid Market, 2022-2032, USD (Million)

• 9.1. Market Overview
• 9.2. Malonic Acid Market: By Application, 2022-2032, USD (Million)
• 9.3. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
• 9.4.Malonic Acid Market: By Region, 2022-2032, USD (Million)
  • 9.4.1.Asia Pacific
    • 9.4.1.1. China
      • 9.4.1.1.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 9.4.1.1.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 9.4.1.2. Japan
      • 9.4.1.2.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 9.4.1.2.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 9.4.1.3. India
      • 9.4.1.3.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 9.4.1.3.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 9.4.1.4. Australia
      • 9.4.1.4.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 9.4.1.4.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 9.4.1.5. South Korea
      • 9.4.1.5.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 9.4.1.5.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 9.4.1.6. Rest of Asia Pacific
      • 9.4.1.6.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 9.4.1.6.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)

10. Latin America Malonic Acid Market, 2022-2032, USD (Million)

• 10.1. Market Overview
• 10.2. Malonic Acid Market: By Application, 2022-2032, USD (Million)
• 10.3. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
• 10.4.Malonic Acid Market: By Region, 2022-2032, USD (Million)
  • 10.4.1.Latin America
    • 10.4.1.1. Brazil
      • 10.4.1.1.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 10.4.1.1.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 10.4.1.2. Mexico
      • 10.4.1.2.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 10.4.1.2.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 10.4.1.3. Rest of Latin America
      • 10.4.1.3.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 10.4.1.3.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)

11. Middle East and Africa Malonic Acid Market, 2022-2032, USD (Million)

• 11.1. Market Overview
• 11.2. Malonic Acid Market: By Application, 2022-2032, USD (Million)
• 11.3. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
• 11.4.Malonic Acid Market: By Region, 2022-2032, USD (Million)
  • 11.4.1.Middle East and Africa
    • 11.4.1.1. GCC
      • 11.4.1.1.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 11.4.1.1.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 11.4.1.2. Africa
      • 11.4.1.2.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 11.4.1.2.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)
    • 11.4.1.3. Rest of Middle East and Africa
      • 11.4.1.3.1. Malonic Acid Market: By Application, 2022-2032, USD (Million)
      • 11.4.1.3.2. Malonic Acid Market: By End-Use, 2022-2032, USD (Million)

12. Company Profile

• 12.1. Lonza Group
  • 12.1.1. Company Overview
  • 12.1.2. Financial Performance
  • 12.1.3. Product Portfolio
  • 12.1.4. Strategic Initiatives
• 12.2. BASF SE
  • 12.2.1. Company Overview
  • 12.2.2. Financial Performance
  • 12.2.3. Product Portfolio
  • 12.2.4. Strategic Initiatives
• 12.3. Fufeng Group
  • 12.3.1. Company Overview
  • 12.3.2. Financial Performance
  • 12.3.3. Product Portfolio
  • 12.3.4. Strategic Initiatives
• 12.4. Koninklijke DSM N.V.
  • 12.4.1. Company Overview
  • 12.4.2. Financial Performance
  • 12.4.3. Product Portfolio
  • 12.4.4. Strategic Initiatives
• 12.5. Wuhan Kemi-Works Chemical Co., Ltd.
  • 12.5.1. Company Overview
  • 12.5.2. Financial Performance
  • 12.5.3. Product Portfolio
  • 12.5.4. Strategic Initiatives
• 12.6. Shanghai Nanxiang Reagent Co., Ltd.
  • 12.6.1. Company Overview
  • 12.6.2. Financial Performance
  • 12.6.3. Product Portfolio
  • 12.6.4. Strategic Initiatives
• 12.7. Columbus Chemical Industries, Inc.
  • 12.7.1. Company Overview
  • 12.7.2. Financial Performance
  • 12.7.3. Product Portfolio
  • 12.7.4. Strategic Initiatives
• 12.8. Tateyama Kasei co., Ltd
  • 12.8.1. Company Overview
  • 12.8.2. Financial Performance
  • 12.8.3. Product Portfolio
  • 12.8.4. Strategic Initiatives
• 12.9. Trace Zero LLC
  • 12.9.1. Company Overview
  • 12.9.2. Financial Performance
  • 12.9.3. Product Portfolio
  • 12.9.4. Strategic Initiatives
• 12.10. Medical Chem (Yancheng) Manuf.Co., Ltd.
  • 12.10.1. Company Overview
  • 12.10.2. Financial Performance
  • 12.10.3. Product Portfolio
  • 12.10.4. Strategic Initiatives
• 12.11. J&K Scientific Ltd.
  • 12.11.1. Company Overview
  • 12.11.2. Financial Performance
  • 12.11.3. Product Portfolio
  • 12.11.4. Strategic Initiatives
• 12.12. Lagos
  • 12.12.1. Company Overview
  • 12.12.2. Financial Performance
  • 12.12.3. Product Portfolio
  • 12.12.4. Strategic Initiatives
• 12.13. Hefei TNJ Chemical Industry Co., Ltd.
  • 12.13.1. Company Overview
  • 12.13.2. Financial Performance
  • 12.13.3. Product Portfolio
  • 12.13.4. Strategic Initiatives
• 12.14. Other Notable Players
  • 12.14.1. Company Overview
  • 12.14.2. Financial Performance
  • 12.14.3. Product Portfolio
  • 12.14.4. Strategic Initiatives