Global Malonic Acid Market Overview

The Malonic Acid Market size was valued at USD 189.98 Million in 2023 and is projected to reach USD 287.23 Million by 2032, growing at a CAGR of 4.7% from 2024 to 2032.

• Malonic acid has the formula CH2(COOH)2 and is a dicarboxylic acid. Malonates are the ionized form of malonic acid, as well as its esters and salts. Diethyl malonate, for instance, is the diethyl ester of malonic acid. Malonic acid is a chemical that is used to make specialized polyesters. For the application in polyesters and polymers, it can be transformed to 1,3-propanediol (whose usefulness is unclear though). It may also be found as a component in alkyd resins, which are utilized in a variety of coatings to protect against UV rays, oxidation, and corrosion.
• Malonic acid is used in the coatings industry as a crosslinker for low-temperature cure powder coatings, which are becoming more popular as heat-sensitive substrates and the desire to speed up the coatings process become more important. It is employed as a high-value specialty chemical in a variety of production processes, including electronics, tastes & perfumes, specialized solvents, polymer crosslinking, and pharmaceuticals. Malonic acid is a building block chemical that is used to make a variety of useful chemicals, including gamma-nonalactone, cinnamic acid, and valproate, a medicinal molecule. Malonic acid (up to 37.5 percent w/w) was utilized to cross-link corn and potato starches to create a biodegradable thermoplastic, which was done in water with non-toxic catalysts. Food packaging, foam packaging, and compost bags were the most common end-use categories for starch-based polymers, accounting for 38 percent of the worldwide biodegradable polymers market. Malonic acid and derivatives are used as surgical adhesives by Eastman Kodak and others.

Market Dynamics and Factors for the Malonic Acid Market:

Drivers:

• Due to the increased application of the concoction, the worldwide malonic acid market has grown significantly in recent years. The expanding interest in acid in the covering and pharmaceutical industries is to blame for the increased usage. Malonic acid's ability to transport Diclazuril and a variety of nutrients, including B6, B2, and B1, has sparked a surge in interest for its usage as an active pharmaceutical ingredient (API). Diclazuril is a non-steroidal, mitigating specialist. During the forecast period, this aspect is likely to influence the worldwide malonic acid market's growth. The worldwide malonic acid market will benefit from the acceptance of organic and inorganic development techniques, as well as increased demand from end-use industries such as polymer and plastics, coatings, and pharmaceuticals, among others. Guidelines for the use of bio-based synthetic chemicals in Europe and the United States will help controllable development since certain players are focusing on the development of bio-courses for the production of malonic acid. Malonic acid was identified as one of the recognizable synthetics in a study released by the US Department of Energy on the Top 30 worth of synthetic compounds that may be generated from biomass-inferred sugar. To comply with government rules, a few players are focusing on the development of bio-based courses for the assembly of malonic corrosive.

Restraints:

• When exposed to malonic acid, it can cause a range of symptoms in the eyes, skin, and respiratory tract. It may irritate the eyes and skin. The chemical might irritate the respiratory tract if inhaled. It has the potential to inflict serious harm or pain to the eyes. As a result, if your eyes are exposed, rinse them with simple water or a saline solution. If there are any symptoms of redness or irritation on the affected skin, it should be washed with water very soon. It's crucial to get rid of the contaminated garments. If ingested, it may cause gastrointestinal distress such as nausea, vomiting, and other symptoms. The mouth should be cleaned with water many times as soon as possible, and medical help should be sought. It's a strong irritant that can cause serious damage to the skin and mucous membranes. When the chemical is heated, it produces hazardous carbon dioxide and monoxide fumes, as well as other chemicals that can irritate the respiratory system if inhaled. These factors are expected to be responsible for hindering the growth of the malonic acid market during the forecast period.

Opportunities:

• Demand in the worldwide market will be supported by the adoption of organic and inorganic growth strategies, as well as increased demand from end-use industries such as polymer and plastics, coatings, and pharmaceuticals, among others. Regulations governing the use of bio-based chemicals in Europe and the United States will aid in the development of sustainable development, which is why various players are focusing on the development of bio-routes for the synthesis of malonic acid. Malonic acid was listed as one of the top 30 value-added compounds that may be made from biomass-derived sugar in research issued by the US Department of Energy. As a result, various firms are concentrating their efforts on developing bio-based pathways for the production of malonic acid to comply with regulatory requirements.

Market Segmentation

• Based on the function, the API segment is expected to capture maximum market share over the forecast period. Growth in demand for malonic acid as an active pharmaceutical ingredient (API), helped by its rising application for manufacturing Diclazuril, non-steroidal anti-inflammatory agents, and different vitamins, such as B1, B2, B6, among others, have been the major factors responsible for the growth of this segment.
• Based on the application, the paints & coatings segment is anticipated to dominate the malonic acid market over the forecast period. Malonic acid discovers its application as a crosslinking agent in low-temperature powder coatings. With the paints & coatings industry switching towards water-based and powder coating systems, from traditional solvent-borne coatings, the demand for malonic acid is anticipated to observe a healthy upsurge. These non-conventional paints and coatings significantly overcome the volatile organic compound (VOC) emissions, in turn, causing raised traction across various parts of the globe.

Players Covered in Malonic Acid market are :

• Lonza
• Lygos
• Silworld
• Shanghai Nanxiang Reagent Co. Ltd.
• Trace Zero
• Tateyamakasei
• Bramha Scientific
• Lianyungang Huasheng and other major players.
• Alfa Aesar (USA)
• Zhengzhou Huaqiang (China)
• Shandong Kunda Biotechnology Co., Ltd. (China)
• Lianmeng Chemical (China)
• Jiangsu Zhongtai International (China)
• Hubei Jusheng Technology Co., Ltd. (China)
• Shaanxi Top Pharm Chemical Co., Ltd. (China)
• Wuhan Youji Industries Co., Ltd. (China)
• Jiangxi Hengcheng Pharmaceutical Co., Ltd. (China)
• Hangzhou Fanda Chemical Co., Ltd. (China)
• Suzhou Sunho Chemical Co., Ltd. (China)
• Kraton Polymers (USA)
• Arkema Group (France)
• Merck KGaA (Germany)
• Shandong Xinhua Pharmaceutical Co., Ltd. (China)
• Other Major Players.

Regional Analysis for the Malonic Acid Market:

• The market for malonic acid is likely to be dominated by the Asia Pacific. China is the world's and the region's top chemical manufacturer. The region's growth is due to increased interest from the pharmaceutical industry in the area. The Chemical Dialogue of the Asia-Pacific Economic Cooperation (APEC) hosted a discussion on the region's strategic framework for 2020-2023. The Chemical Dialogue is the primary platform for the chemical sector in Asia and the Pacific, which accounts for nearly 45 percent of world chemical manufacturing, 7% of global GDP, and 69 percent of global chemical jobs.
• Over the projected period, the malonic acid market in North America is predicted to rise at a high rate. Much research has been done on biobased malonic acid synthesis during the last two decades. Lygos, a venture-capital firm based in Berkeley, California, has received US$13 million to scale up a technique that employs bioengineered yeast strains to create malonic acid from carbohydrates.
• The European Commission has acknowledged the chemical industry's critical role in assisting society in achieving the new European Green Deal goals. Cefic has said unequivocally that business supports the Green Deal and Europe's goal of being carbon neutral by 2050. The development of the malonic acid market in Europe is expected to be aided by guidelines relating to the use of bio-based synthetic chemicals in European countries. The chemical sector is an important element of Europe's economy, and its creative solutions are critical for achieving a low-carbon, circular economy both within and outside of Europe's borders.

Key Industry Developments in the Malonic Acid Market:

• In February 2019, Lygos, Inc., a full-stack producer of petroleum-free specialty chemicals that deliver high-value performance without environmental toxicity, today announced a new partnership with the Center for University of Massachusetts Industry Research on Polymers (CUMIRP), to Expand Applications of its Bio-Malonic Acid Product Family. The nation's oldest National Science Foundation Industry / University Cooperative Research Center is dedicated to polymer research.

COVID-19 Impact on the Malonic Acid Market:

• The oil, gas, and chemicals sectors experienced an unexpected turning point in the first quarter of 2020. The combined consequences of the COVID-19-related economic slump and the oil price drop reverberated throughout these businesses, which were already dealing with difficult long-term trends. Growing consumer awareness of sustainability has led energy and chemical companies to explore decarbonization technologies, reexamine their assets, and diversify away from hydrocarbons where possible, three of these trends were compounded by events in early 2020, such as growing consumer awareness of sustainability has led to energy and chemical companies to explore decarbonization technologies, reexamine their assets, and begin to diversify away from hydrocarbons where possible. Workplace use of digital technology is reshaping work and the workforce. In several market categories, chemical businesses have been experiencing oversupply. Companies' existing digital technologies provided an advantage with the abrupt entrance of COVID-19 and the accompanying shutdown of facilities and worksites, but they were often insufficient for the level of remote working and cybersecurity that was suddenly required. Finally, the pandemic-related closure combined with the oil price crash in March 2020 worsened the oversupply scenario that several US chemical industries were already experiencing. The economic slump lowered demand in both domestic and international markets. Furthermore, the drop in oil prices reduced the cost advantage that US petrochemical companies had owing to their dependence on local ethane, potentially making their goods less competitive in an already challenging market. Following COVID-19, chemical company leaders should assess how long these changes will last, determining which are likely to accelerate and provide new opportunities, and which are probably too slow and have an influence on their operational environment.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Type
 3.2 By Function
 3.3 By Application

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Malonic Acid Market by Type
 5.1 Malonic Acid Market Overview Snapshot and Growth Engine
 5.2 Malonic Acid Market Overview
 5.3 Technical Grade
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Technical Grade: Grographic Segmentation
 5.4 Pharmaceutical Grade
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Pharmaceutical Grade: Grographic Segmentation

Chapter 6: Malonic Acid Market by Function
 6.1 Malonic Acid Market Overview Snapshot and Growth Engine
 6.2 Malonic Acid Market Overview
 6.3 Additive
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Additive: Grographic Segmentation
 6.4 API
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 API: Grographic Segmentation
 6.5 Precursor
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Precursor: Grographic Segmentation
 6.6 Other
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Other: Grographic Segmentation

Chapter 7: Malonic Acid Market by Application
 7.1 Malonic Acid Market Overview Snapshot and Growth Engine
 7.2 Malonic Acid Market Overview
 7.3 Pharmaceutical
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2017-2032F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Pharmaceutical: Grographic Segmentation
 7.4 Flavor & Fragrance
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2017-2032F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Flavor & Fragrance: Grographic Segmentation
 7.5 Paint & Coating
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2017-2032F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Paint & Coating: Grographic Segmentation
 7.6 Others
  7.6.1 Introduction and Market Overview
  7.6.2 Historic and Forecasted Market Size (2017-2032F)
  7.6.3 Key Market Trends, Growth Factors and Opportunities
  7.6.4 Others: Grographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Malonic Acid Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Ansoff Matrix
  8.1.5 Malonic Acid Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Malonic Acid Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 LONZA
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 LYGOS
 8.4 SILWORLD
 8.5 SHANGHAI NANXIANG REAGENT CO. LTD.
 8.6 TRACE ZERO
 8.7 TATEYAMAKASEI
 8.8 BRAMHA SCIENTIFIC
 8.9 LIANYUNGANG HUASHENG
 8.10 OTHER MAJOR PLAYERS

Chapter 9: Global Malonic Acid Market Analysis, Insights and Forecast, 2017-2032
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Type
  9.2.1 Technical Grade
  9.2.2 Pharmaceutical Grade
 9.3 Historic and Forecasted Market Size By Function
  9.3.1 Additive
  9.3.2 API
  9.3.3 Precursor
  9.3.4 Other
 9.4 Historic and Forecasted Market Size By Application
  9.4.1 Pharmaceutical
  9.4.2 Flavor & Fragrance
  9.4.3 Paint & Coating
  9.4.4 Others

Chapter 10: North America Malonic Acid Market Analysis, Insights and Forecast, 2017-2032
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Type
  10.4.1 Technical Grade
  10.4.2 Pharmaceutical Grade
 10.5 Historic and Forecasted Market Size By Function
  10.5.1 Additive
  10.5.2 API
  10.5.3 Precursor
  10.5.4 Other
 10.6 Historic and Forecasted Market Size By Application
  10.6.1 Pharmaceutical
  10.6.2 Flavor & Fragrance
  10.6.3 Paint & Coating
  10.6.4 Others
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Malonic Acid Market Analysis, Insights and Forecast, 2017-2032
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Type
  11.4.1 Technical Grade
  11.4.2 Pharmaceutical Grade
 11.5 Historic and Forecasted Market Size By Function
  11.5.1 Additive
  11.5.2 API
  11.5.3 Precursor
  11.5.4 Other
 11.6 Historic and Forecasted Market Size By Application
  11.6.1 Pharmaceutical
  11.6.2 Flavor & Fragrance
  11.6.3 Paint & Coating
  11.6.4 Others
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Malonic Acid Market Analysis, Insights and Forecast, 2017-2032
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Type
  12.4.1 Technical Grade
  12.4.2 Pharmaceutical Grade
 12.5 Historic and Forecasted Market Size By Function
  12.5.1 Additive
  12.5.2 API
  12.5.3 Precursor
  12.5.4 Other
 12.6 Historic and Forecasted Market Size By Application
  12.6.1 Pharmaceutical
  12.6.2 Flavor & Fragrance
  12.6.3 Paint & Coating
  12.6.4 Others
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Malonic Acid Market Analysis, Insights and Forecast, 2017-2032
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Type
  13.4.1 Technical Grade
  13.4.2 Pharmaceutical Grade
 13.5 Historic and Forecasted Market Size By Function
  13.5.1 Additive
  13.5.2 API
  13.5.3 Precursor
  13.5.4 Other
 13.6 Historic and Forecasted Market Size By Application
  13.6.1 Pharmaceutical
  13.6.2 Flavor & Fragrance
  13.6.3 Paint & Coating
  13.6.4 Others
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Malonic Acid Market Analysis, Insights and Forecast, 2017-2032
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Type
  14.4.1 Technical Grade
  14.4.2 Pharmaceutical Grade
 14.5 Historic and Forecasted Market Size By Function
  14.5.1 Additive
  14.5.2 API
  14.5.3 Precursor
  14.5.4 Other
 14.6 Historic and Forecasted Market Size By Application
  14.6.1 Pharmaceutical
  14.6.2 Flavor & Fragrance
  14.6.3 Paint & Coating
  14.6.4 Others
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion