Malonic Acid Market to Register a Stout Growth by 2031

Posted by Aparna P on August 1st, 2022

Malonic acid is a chemical that comes with the formula of C3H4O4. It is a dicarboxylic acid, which comes with the similar chemical reactivity and behavior as monocarboxylic acids. Malonic acid is found aplenty in some fruits that grow naturally. Fruits produced through organic firming come with greater concentration of malonic acid in citrus as compared to the ones that are produced using traditional methods. Multiple benefits of malonic acid are estimated to support growth of the global malonic acid market in the years to come.

Global Malonic Acid Market: Notable Developments

In the last few years, the global malonic acid market has witnessed quite a few path-breaking developments in the last few years. One such development of the market is mentioned below:

• In 2015, Lygos, Inc. has made production of malonic acid from sugar derived from biomass, which eventually turned out to be environment friendly and economic in comparison with other methods of production. Such innovative and environment friendly is predicted to increase the market share of the company in the years to come.

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Some of the key market players of the global malonic acid market are

• Hefei TNJ Chemical Industry Co. Ltd
• Lygos, Inc.
• MedicalChem (Yancheng) Manufacturing Co., Ltd
• Wuhan Kemi-Works Chemical Co., Ltd.
• Shanghai Nanxiang Reagent Co., Ltd.
• Columbus Chemical Industries, Inc

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