Press Release

Itaconic Acid Market to Grow with a CAGR of 3.01% through 2030

Growing utilization of itaconic acid in pharmaceutical & Polymers and Plastics Industry are expected to drive the Global Itaconic Acid Market growth in the forecast period, 2026-2030

 

According to TechSci Research report, “Itaconic Acid Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030F”, the Global Itaconic Acid Market stood at USD 113.92 Million in 2024 and is anticipated to grow with a CAGR of 3.01% in the forecast period.

As global industries face mounting pressure to lower carbon emissions and reduce reliance on fossil-based resources, there is a marked shift toward bio-based chemicals, with itaconic acid emerging as a key alternative. Produced through microbial fermentation of renewable feedstocks such as glucose, itaconic acid supports broader sustainability objectives and enables companies to adhere to stringent regulatory and ESG requirements. This transition is gaining strong traction in sectors like polymers, coatings, adhesives, and personal care, where demand for environmentally responsible ingredients continues to rise.

Governments in regions including North America, Europe, and Asia Pacific are actively shaping the market through policy frameworks and financial incentives that encourage the adoption of green chemistry and circular manufacturing practices. Initiatives such as REACH in the EU, TSCA in the U.S., and eco-labeling programs in China are accelerating the move away from conventional petrochemical inputs, thereby creating a more favorable and competitive environment for bio-based solutions like itaconic acid.

At the same time, technological advancements in microbial engineering and fermentation processes have dramatically enhanced the commercial viability of itaconic acid. Innovations such as biosensor-assisted strain optimization and the use of cost-efficient feedstocks like acetate or agricultural residues are driving higher production yields and improved purity levels. These developments are not only reducing production costs but also enabling industrial-scale deployment, positioning itaconic acid as a scalable and sustainable alternative across a broad range of applications.

                                                                                             

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Global Itaconic Acid Market

 

The Global Itaconic Acid Market is segmented into derivative, application, regional distribution, and company.

Based on its application, Superabsorbent Polymer segment emerged as the dominating in the Global Itaconic Acid market and is predicted to continue expanding over the coming years. Superabsorbent polymers are essential components in personal hygiene products such as diapers, adult incontinence products, and feminine hygiene items. Itaconic acid, when used as a co-monomer in SAPs, significantly enhances the polymer’s ability to absorb and retain large volumes of fluid relative to its weight, while maintaining structural integrity. The increasing global population, rising hygiene awareness, and growth in aging demographics particularly in Asia Pacific and Europe are fueling large-scale consumption of itaconic acid-based SAPs in the hygiene industry.

As the market shifts toward eco-friendly and biodegradable materials, manufacturers are increasingly incorporating bio-based monomers like itaconic acid in the production of sustainable SAPs. Unlike conventional SAPs derived from petroleum-based acrylic acid, itaconic acid enables the formulation of non-toxic, biodegradable superabsorbents that meet evolving regulatory standards and consumer preferences. This sustainable advantage gives the SAP application segment a strategic edge in environmentally conscious markets. Superabsorbent polymers are also being widely used in agriculture and horticulture for water retention and soil conditioning. Itaconic acid-based SAPs improve water efficiency by storing moisture in the root zone and releasing it gradually, reducing the need for frequent irrigation. In drought-prone regions and countries adopting precision agriculture, these polymers contribute to water conservation and crop productivity. This application is gaining traction across regions like India, China, and parts of Africa, further driving demand for itaconic acid in this segment.

Based on region, North America is positioned to witness the fastest growth in the Global Itaconic Acid Market, driven by a strategic convergence of regulatory incentives, technological innovation, growing industrial demand, and a strong focus on sustainability and green manufacturing. The region’s well-established industrial infrastructure, coupled with rising investments in bio-based chemical research and production, makes it an attractive hub for the expansion of itaconic acid applications.

North America particularly the United States and Canada has implemented progressive regulatory frameworks that encourage the use of renewable and environmentally friendly chemicals. Agencies like the U.S. Environmental Protection Agency (EPA) and the Food and Drug Administration (FDA) are increasingly emphasizing clean-label formulations, green chemistry principles, and reduced reliance on petrochemicals. Programs under the Toxic Substances Control Act (TSCA) and state-level sustainability mandates are pushing manufacturers to adopt bio-based intermediates such as itaconic acid in formulations for coatings, polymers, and adhesives. North America is home to highly developed sectors such as automotive, construction, personal care, healthcare, and packaging, all of which are increasingly incorporating sustainable raw materials. Itaconic acid’s use in superabsorbent polymers, biodegradable plastics, and specialty resins is gaining traction as companies aim to meet consumer expectations and corporate ESG commitments. Additionally, with North American industries accelerating efforts to achieve carbon neutrality, demand for high-performance, bio-based chemicals like itaconic acid is expected to climb significantly.

 

Major companies operating in Global Itaconic Acid Market are:

  • 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.

 

Download Free Sample Report

Customers can also request for 10% free customization on this report.

 

“The Global Itaconic Acid Market is on a clear growth trajectory, driven by the rising shift toward sustainable, bio-based chemical solutions across a wide range of industries. As regulatory frameworks tighten, and industries prioritize green innovation and circular economy practices, itaconic acid is gaining strategic importance as a versatile, renewable alternative to petrochemical-based intermediates. Backed by ongoing technological advancements, expanding end-use applications, and increasing global investments in sustainable manufacturing, the market is well-positioned for long-term, value-driven expansion. Stakeholders who invest in bio-based solutions like itaconic acid today are likely to gain a competitive edge in tomorrow’s low-carbon economy”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

Itaconic Acid Market - Global Industry Size, Share, Trends, Opportunity & Forecast, Segmented By Derivative (Styrene Butadiene Itaconic Acid, Methyl Methacrylate, Polyitaconic Acid, Others), By Application (SBR Latex, Synthetic Latex, Chillant Dispersant Agent, Superabsorbent Polymer, Others), By Region, & Competition, 2020-2030F”, has evaluated the future growth potential of Global Itaconic Acid Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Itaconic Acid Market.

 

Contact

TechSci Research LLC

420 Lexington Avenue, Suite 300,

New York, United States- 10170

Tel: +1-332-258-6602

Email: [email protected]

Website: www.techsciresearch.com

Relevant News