Muconic Acid Market Expected to Grow at CAGR of more than 7% by 2024 | IMARC Group
Muconic acid has been widely used in the production of nylon fibers, polyethylene terephthalate and polyurethane. The escalating demand for bio-based products along with recent advancements in its production through biotechnological routes is anticipated to foster the market growth in the coming years. Request for a free sample copy of this report: https://www.imarcgroup.com/muconic-acid-market/requestsample As per the recent market research report by IMARC Group, titled “ Muconic Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the global muconic acid market reached a value of US$ 79.6 Million in 2018. Muconic acid is a hexadienedioic acid with the chemical formula C6H6O4. It is a high-value bio-product with conjugated double bonds and reactive dicarboxylic groups. The acid can be derived in three isomers, namely trans, trans-muconic acid; cis, cis-muconic acid; and cis, trans-muconic acid. It has garnered potential application...