세계의 이타콘산 시장 : 산업 규모, 점유율, 동향, 기회, 예측 - 유도체별, 용도별, 지역별, 경쟁(2020-2030년)

Global Itaconic Acid market was valued at USD 113.92 Million in 2024 and is expected to reach USD 136.11 Million by 2030 with a CAGR of 3.01%. The Global Itaconic Acid Market is experiencing consistent growth, primarily fueled by the increasing demand for bio-based and sustainable chemical solutions across diverse industrial sectors. Derived through the fermentation of renewable carbohydrates such as glucose, itaconic acid is emerging as a viable and eco-friendly alternative to conventional petrochemical derivatives. Its broad applicability as a platform chemical has positioned it as a critical input in the manufacturing of superabsorbent polymers, synthetic resins, biodegradable plastics, detergents, and adhesives.

Market momentum is being sustained by the global push toward environmentally responsible production, coupled with a growing preference for renewable feedstocks in high-performance applications. Additionally, expanding usage across emerging economies and innovations in green chemistry are opening new growth avenues. However, the market continues to face pressure from cost competitiveness and scale-up challenges associated with bio-fermentation processes. Despite these hurdles, strategic investments in process efficiency, regulatory support, and product development are expected to drive the market's long-term expansion and commercial viability.

Key Market Drivers

Growing Demand of Itaconic Acid in Pharmaceutical Industry

The growing demand for itaconic acid in the pharmaceutical industry is emerging as a key driver in the expansion of the Global Itaconic Acid Market, supported by the compound's unique chemical properties, compatibility with bio-based formulations, and alignment with the healthcare sector's evolving focus on sustainability, efficacy, and innovation. Itaconic acid's ability to form biocompatible and biodegradable polymers makes it highly suitable for advanced drug delivery systems. It is commonly used in the formulation of hydrogels, drug carriers, and controlled-release systems, where its carboxylic functional groups allow for targeted delivery, improved bioavailability, and reduced toxicity. These characteristics are increasingly vital as pharmaceutical companies invest in next-generation therapies that require precision delivery and patient-centric design. Itaconic acid exhibits antimicrobial and antiviral properties, making it an attractive candidate for incorporation in topical formulations, wound dressings, and medical coatings. As the global pharmaceutical sector responds to the rising prevalence of antibiotic resistance, hospital-acquired infections, and pandemic preparedness, demand for materials that can contribute to enhanced hygiene and infection control continues to rise positioning itaconic acid-based materials as valuable assets.

With the pharmaceutical industry increasingly embracing biopharmaceuticals and biologics, there is a growing need for high-purity, bio-based intermediates and excipients. Itaconic acid fits this profile, serving as a clean-label, non-toxic additive in a variety of pharmaceutical formulations. Its use supports regulatory compliance with global standards, particularly in markets like North America, Europe, and Japan, where clean-label and sustainable sourcing are increasingly prioritized. The healthcare industry is under growing pressure to reduce its environmental footprint, leading to a shift toward sustainable pharmaceutical ingredients and production methods. Itaconic acid, produced through microbial fermentation of renewable feedstocks, aligns well with these objectives. Pharmaceutical companies are exploring its potential not only in therapeutics but also in green packaging materials, bio-based excipients, and solvent systems, further expanding its role in the value chain.

Key Market Challenges

Fluctuations in Prices of Raw Materials

Itaconic acid is primarily derived from raw materials such as glucose or starch through fermentation processes. The cost of these raw materials can vary significantly due to factors such as changes in agricultural production, weather conditions, and the availability of feedstocks. Consequently, the prices of raw materials used in the production of itaconic acid are subject to frequent fluctuations. These price fluctuations pose challenges for itaconic acid manufacturers and disrupt market stability. The uncertainty surrounding raw material costs makes it difficult for companies to accurately forecast their production costs and plan their pricing strategies. This volatility can lead to disruptions in the supply chain and affect the profitability of itaconic acid producers. Fluctuating raw material prices directly impact the production costs of itaconic acid. When the prices of raw materials increase, the production costs rise, exerting pressure on manufacturers to maintain competitive pricing while ensuring profitability. Conversely, if the prices of raw materials decrease, manufacturers may face challenges in adjusting their pricing strategies to reflect these changes and maintain profit margins. Moreover, the availability of low-cost substitutes can further compound the challenge posed by price fluctuations. If alternative raw materials become cheaper or more readily available, it can impact the demand for itaconic acid and exert downward pressure on prices. This situation can compress profit margins for itaconic acid manufacturers, creating a demanding business environment.

Key Market Trends

Rising Demand for Bio-Based Products

With the escalating concerns regarding environmental degradation and climate change, there is an increasing demand for sustainable alternatives to conventional chemicals. Bio-based itaconic acid presents a renewable and eco-friendly solution, reducing reliance on fossil fuels and minimizing carbon emissions. Various industries, including adhesives, sealants, polymers, and coatings, are progressively adopting bio-based itaconic acid to meet their sustainability objectives. The global traction of the bioeconomy, centered around the production and utilization of biological resources, is undeniable. It encompasses a wide range of industries that aim to replace finite resources with renewable alternatives. Itaconic acid, derived from biomass through microbial fermentation, aligns seamlessly with the principles of the bioeconomy. With governments and organizations actively promoting the transition to a bio-based economy, the demand for bio-based itaconic acid is expected to witness significant growth.

Key Market Players

• Itaconix Corporation
• Jinan Huaming Biochemistry Co. Ltd.
• Qingdao Langyatai Group Co., Ltd.
• Zhejiang Guoguang Biochemistry Co., Ltd.
• Alpha Chemika
• Chengdu Jinkai Biology Engineering Co., Ltd.
• Ronas Chemicals Ind. Co., Ltd.
• Iwata Chemical Co., Ltd.
• Shandong Kaison Biochemical Co., Ltd.
• Aekyung Petrochemical Co. Ltd.

Report Scope:

In this report, the Global Itaconic Acid Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Itaconic Acid Market, By Derivative:

• Styrene Butadiene Itaconic Acid
• Methyl Methacrylate
• Polyitaconic Acid
• Others

Itaconic Acid Market, By Application:

• SBR Latex
• Synthetic Latex
• Chillant Dispersant Agent
• Superabsorbent Polymer
• Others

Itaconic Acid Market, By Region:

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Itaconic Acid Market.

Available Customizations:

Global Itaconic Acid Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Itaconic Acid Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Derivative (Styrene Butadiene Itaconic Acid, Methyl Methacrylate, Polyitaconic Acid, Others)
  • 5.2.2. By Application (SBR Latex, Synthetic Latex, Chillant Dispersant Agent, Superabsorbent Polymer, Others)
  • 5.2.3. By Region
  • 5.2.4. By Company (2024)
• 5.3. Market Map

6. North America Itaconic Acid Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Derivative
  • 6.2.2. By Application
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Itaconic Acid Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Derivative
      • 6.3.1.2.2. By Application
  • 6.3.2. Canada Itaconic Acid Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Derivative
      • 6.3.2.2.2. By Application
  • 6.3.3. Mexico Itaconic Acid Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Derivative
      • 6.3.3.2.2. By Application

7. Europe Itaconic Acid Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Derivative
  • 7.2.2. By Application
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Itaconic Acid Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Derivative
      • 7.3.1.2.2. By Application
  • 7.3.2. United Kingdom Itaconic Acid Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Derivative
      • 7.3.2.2.2. By Application
  • 7.3.3. Italy Itaconic Acid Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Derivative
      • 7.3.3.2.2. By Application
  • 7.3.4. France Itaconic Acid Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Derivative
      • 7.3.4.2.2. By Application
  • 7.3.5. Spain Itaconic Acid Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Derivative
      • 7.3.5.2.2. By Application

8. Asia-Pacific Itaconic Acid Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Derivative
  • 8.2.2. By Application
  • 8.2.3. By Country
• 8.3. Asia-Pacific: Country Analysis
  • 8.3.1. China Itaconic Acid Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Derivative
      • 8.3.1.2.2. By Application
  • 8.3.2. India Itaconic Acid Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Derivative
      • 8.3.2.2.2. By Application
  • 8.3.3. Japan Itaconic Acid Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Derivative
      • 8.3.3.2.2. By Application
  • 8.3.4. South Korea Itaconic Acid Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Derivative
      • 8.3.4.2.2. By Application
  • 8.3.5. Australia Itaconic Acid Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Derivative
      • 8.3.5.2.2. By Application

9. South America Itaconic Acid Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Derivative
  • 9.2.2. By Application
  • 9.2.3. By Country
• 9.3. South America: Country Analysis
  • 9.3.1. Brazil Itaconic Acid Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Derivative
      • 9.3.1.2.2. By Application
  • 9.3.2. Argentina Itaconic Acid Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Derivative
      • 9.3.2.2.2. By Application
  • 9.3.3. Colombia Itaconic Acid Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Derivative
      • 9.3.3.2.2. By Application

10. Middle East and Africa Itaconic Acid Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Derivative
  • 10.2.2. By Application
  • 10.2.3. By Country
• 10.3. MEA: Country Analysis
  • 10.3.1. South Africa Itaconic Acid Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Derivative
      • 10.3.1.2.2. By Application
  • 10.3.2. Saudi Arabia Itaconic Acid Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Derivative
      • 10.3.2.2.2. By Application
  • 10.3.3. UAE Itaconic Acid Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Derivative
      • 10.3.3.2.2. By Application

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Recent Developments
• 12.2. Product Launches
• 12.3. Mergers & Acquisitions

13. Global Itaconic Acid Market: SWOT Analysis

14. Competitive Landscape

• 14.1. Itaconix Corporation
  • 14.1.1. Business Overview
  • 14.1.2. Product & Service Offerings
  • 14.1.3. Recent Developments
  • 14.1.4. Financials (If Listed)
  • 14.1.5. Key Personnel
  • 14.1.6. SWOT Analysis
• 14.2. Jinan Huaming Biochemistry Co. Ltd.
• 14.3. Qingdao Langyatai Group Co., Ltd.
• 14.4. Zhejiang Guoguang Biochemistry Co., Ltd.
• 14.5. Alpha Chemika
• 14.6. Chengdu Jinkai Biology Engineering Co., Ltd.
• 14.7. Ronas Chemicals Ind. Co., Ltd.
• 14.8. Iwata Chemical Co., Ltd.
• 14.9. Shandong Kaison Biochemical Co., Ltd.
• 14.10.Aekyung Petrochemical Co. Ltd.

15. Strategic Recommendations

16. About Us & Disclaimer