세계의 이타콘산 시장 규모는 2024년에 1억 1,392만 달러로 평가되었고, CAGR 3.01%로 성장할 전망이며, 2030년에는 1억 3,611만 달러에 이를 것으로 예측되고 있습니다.
세계의 이타콘산 시장은 주로 다양한 산업 분야에서 바이오의 지속 가능한 화학 솔루션에 대한 수요 증가로 일관된 성장을 이루고 있습니다. 이타콘산은 글루코오스와 같은 재생가능한 탄수화물의 발효에 의해 생성되며, 기존 석유화학 유도체를 대체하는 실행가능하고 환경친화적인 대안으로서 부상하고 있습니다. 플랫폼 케미컬로서 폭넓은 용도로 사용할 수 있기 때문에 고흡수성 폴리머, 합성 수지, 생분해성 플라스틱, 세제, 접착제의 제조에 있어서 중요한 역할을 담당하고 있습니다.
| 시장 개요 | |
|---|---|
| 예측 기간 | 2026-2030년 |
| 시장 규모(2024년) | 1억 1,392만 달러 |
| 시장 규모(2030년) | 1억 3,611만 달러 |
| CAGR(2025-2030년) | 3.01% |
| 급성장 부문 | 스티렌 부타디엔 이타콘산 |
| 최대 시장 | 아시아태평양 |
시장의 기세는 고성능 용도 분야에서 신재생 원료에 대한 선호도가 증가함에 따라 환경 친화적인 생산에 대한 세계의 뒷받침으로 유지됩니다. 게다가 신흥경제권에서의 사용 확대 및 그린케미스트리의 혁신이 새로운 성장의 길을 열고 있습니다. 그러나 시장은 바이오 발효 공정과 관련된 비용 경쟁력 및 스케일업 과제로 인한 압력에 직면하고 있습니다. 이러한 장애물에도 불구하고 공정 효율화, 규제 지원 및 제품 개척에 대한 전략적 투자는 시장의 장기적인 확장과 상업적 실행 가능성을 촉진할 것으로 예측됩니다.
제약 업계에서 이타콘산 수요 증가
원재료 가격 변동
바이오 제품에 대한 수요 증가
Global Itaconic Acid market was valued at USD 113.92 Million in 2024 and is expected to reach USD 136.11 Million by 2030 with a CAGR of 3.01%. The Global Itaconic Acid Market is experiencing consistent growth, primarily fueled by the increasing demand for bio-based and sustainable chemical solutions across diverse industrial sectors. Derived through the fermentation of renewable carbohydrates such as glucose, itaconic acid is emerging as a viable and eco-friendly alternative to conventional petrochemical derivatives. Its broad applicability as a platform chemical has positioned it as a critical input in the manufacturing of superabsorbent polymers, synthetic resins, biodegradable plastics, detergents, and adhesives.
| Market Overview | |
|---|---|
| Forecast Period | 2026-2030 |
| Market Size 2024 | USD 113.92 Million |
| Market Size 2030 | USD 136.11 Million |
| CAGR 2025-2030 | 3.01% |
| Fastest Growing Segment | Styrene Butadiene Itaconic Acid |
| Largest Market | Asia-Pacific |
Market momentum is being sustained by the global push toward environmentally responsible production, coupled with a growing preference for renewable feedstocks in high-performance applications. Additionally, expanding usage across emerging economies and innovations in green chemistry are opening new growth avenues. However, the market continues to face pressure from cost competitiveness and scale-up challenges associated with bio-fermentation processes. Despite these hurdles, strategic investments in process efficiency, regulatory support, and product development are expected to drive the market's long-term expansion and commercial viability.
Key Market Drivers
Growing Demand of Itaconic Acid in Pharmaceutical Industry
The growing demand for itaconic acid in the pharmaceutical industry is emerging as a key driver in the expansion of the Global Itaconic Acid Market, supported by the compound's unique chemical properties, compatibility with bio-based formulations, and alignment with the healthcare sector's evolving focus on sustainability, efficacy, and innovation. Itaconic acid's ability to form biocompatible and biodegradable polymers makes it highly suitable for advanced drug delivery systems. It is commonly used in the formulation of hydrogels, drug carriers, and controlled-release systems, where its carboxylic functional groups allow for targeted delivery, improved bioavailability, and reduced toxicity. These characteristics are increasingly vital as pharmaceutical companies invest in next-generation therapies that require precision delivery and patient-centric design. Itaconic acid exhibits antimicrobial and antiviral properties, making it an attractive candidate for incorporation in topical formulations, wound dressings, and medical coatings. As the global pharmaceutical sector responds to the rising prevalence of antibiotic resistance, hospital-acquired infections, and pandemic preparedness, demand for materials that can contribute to enhanced hygiene and infection control continues to rise positioning itaconic acid-based materials as valuable assets.
With the pharmaceutical industry increasingly embracing biopharmaceuticals and biologics, there is a growing need for high-purity, bio-based intermediates and excipients. Itaconic acid fits this profile, serving as a clean-label, non-toxic additive in a variety of pharmaceutical formulations. Its use supports regulatory compliance with global standards, particularly in markets like North America, Europe, and Japan, where clean-label and sustainable sourcing are increasingly prioritized. The healthcare industry is under growing pressure to reduce its environmental footprint, leading to a shift toward sustainable pharmaceutical ingredients and production methods. Itaconic acid, produced through microbial fermentation of renewable feedstocks, aligns well with these objectives. Pharmaceutical companies are exploring its potential not only in therapeutics but also in green packaging materials, bio-based excipients, and solvent systems, further expanding its role in the value chain.
Key Market Challenges
Fluctuations in Prices of Raw Materials
Itaconic acid is primarily derived from raw materials such as glucose or starch through fermentation processes. The cost of these raw materials can vary significantly due to factors such as changes in agricultural production, weather conditions, and the availability of feedstocks. Consequently, the prices of raw materials used in the production of itaconic acid are subject to frequent fluctuations. These price fluctuations pose challenges for itaconic acid manufacturers and disrupt market stability. The uncertainty surrounding raw material costs makes it difficult for companies to accurately forecast their production costs and plan their pricing strategies. This volatility can lead to disruptions in the supply chain and affect the profitability of itaconic acid producers. Fluctuating raw material prices directly impact the production costs of itaconic acid. When the prices of raw materials increase, the production costs rise, exerting pressure on manufacturers to maintain competitive pricing while ensuring profitability. Conversely, if the prices of raw materials decrease, manufacturers may face challenges in adjusting their pricing strategies to reflect these changes and maintain profit margins. Moreover, the availability of low-cost substitutes can further compound the challenge posed by price fluctuations. If alternative raw materials become cheaper or more readily available, it can impact the demand for itaconic acid and exert downward pressure on prices. This situation can compress profit margins for itaconic acid manufacturers, creating a demanding business environment.
Key Market Trends
Rising Demand for Bio-Based Products
With the escalating concerns regarding environmental degradation and climate change, there is an increasing demand for sustainable alternatives to conventional chemicals. Bio-based itaconic acid presents a renewable and eco-friendly solution, reducing reliance on fossil fuels and minimizing carbon emissions. Various industries, including adhesives, sealants, polymers, and coatings, are progressively adopting bio-based itaconic acid to meet their sustainability objectives. The global traction of the bioeconomy, centered around the production and utilization of biological resources, is undeniable. It encompasses a wide range of industries that aim to replace finite resources with renewable alternatives. Itaconic acid, derived from biomass through microbial fermentation, aligns seamlessly with the principles of the bioeconomy. With governments and organizations actively promoting the transition to a bio-based economy, the demand for bio-based itaconic acid is expected to witness significant growth.
In this report, the Global Itaconic Acid Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Itaconic Acid Market.
Global Itaconic Acid Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: