Muconic Acid Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast, 2014 - 2020
58 Page Report
Increasing Demand for Nylon 66 Presents Appreciable
Growth Opportunity for Muconic Acid Market, says TMR
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Muconic Acid Market
Muconic Acid Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020
The current shift from synthetic to bio-based products has changed the dynamics of the global muconic acid
market. The three key players in the market are Santa Cruz Biotechnology, Myriant Corporation, and SigmaAldrich, holding a large share of the total market. The increasing use of muconic acid as an indirect raw
material in the carpet and textile industry is anticipated to augment the growth of muconic acid market globally,
reports Transparency Market Research in a new study.
Rise in Demand for Derivatives Escalates the Growth of Muconic Acid Market
An increase in the demand for adipic acid has been witnessed in response to high demand for nylon 66 fiber
and resin. This will successively shift the growth the of the global muconic acid market to high gear. Another
advantage of muconic acid is that it leads to lower carbon emission in the manufacturing of adipic acid as
compared to cyclohexane.
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The second largest derivative of muconic acid is caprolactam. Caprolactam is also used as a raw material in
nylon 66 production. Nylon 66 can potentially replace the use of metal in automobiles, making vehicles lighter
in weight. The growing demand for nylon 66 is anticipated to drive the...