The tartaric market was globally valued at USD 254.8 Million in 2020 and is expected to reach USD 387.7 Million by the year 2028, at a CAGR of 5.30%. The growth tartaric acid market is largely attributed to its applications across the various sectors such as food beverages, cosmetics personal care. Pharmaceuticals the most common amongst all.
Top Companies Operating in the Global Tartaric Acid Market:
Distellere Mazzari SpA, Caviro Group, ATP Group, Commercial Quimica Sarasa SL, Tartaros Gonazalo Castello TGC, Tarac Technologies, Merck, Distillerie Bonollo, Alcolera Vinicola S.A., Legre Mante S.A.
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Major Factors Contributing to the Global Materials and Chemicals Market Revenue Growth
The global materials chemicals market revenue growth is primarily attributed to factors such as fast-paced industrialization across the globe, rising demand for essential consumer goods (including packaged foods beverages, personal care cosmetic products, and household hygiene products), and increasing applications of raw materials and chemicals in a wide range of industries including the buildings construction, food beverage, pharmaceutical, agriculture, and textile industries. Other important factors contributing to the global market revenue growth are increasing industrial applications of specialty chemicals, growing use of high-performance, organic agrochemicals in the agriculture industry, rising environmental concerns among the population, growing need for environmentally friendly and sustainable raw materials and chemicals, and increasing government investments in the materials chemicals industry.
Table of Contents:
- Report Overview
1.1 Research Scope
1.2 Key Tartaric Acid market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline - Global Growth Trends
2.1 Global Tartaric Acid market size
2.2 Latest regional market trends
2.3 Emerging growth trends - Competitive Outlook
3.1 Global Tartaric Acid market key players
3.2 Global Tartaric Acid size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Tartaric Acid market
3.5 Mergers, acquisitions, joint ventures, and other strategic alliances
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Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
Tartaric Acid Market Segmentation
Type (Revenue in USD Million; Volume in Tons, 2018–2028)
- Natural
- Synthetic
Applications (Revenue in USD Million; Volume in Tons, 2018–2028)
- Food Beverages
- Wine
- Pharmaceuticals
- Textile
- Other Applications
Sources (Revenue in USD Million; Volume in Tons, 2018–2028)
- Plants
- Fruits
- Others
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