Bio-based Malonic Acid Market to Surpass USD 6.6 Billion by 2031 Amid Surging Demand for Sustainable Chemicals
The global bio-based malonic acid market was valued at USD 3.1 billion in 2022 and is projected to reach USD 6.6 billion by 2031, registering a robust CAGR of 8.9% during the forecast period of 2023–2031. Bio-based malonic acid, a dicarboxylic acid produced from renewable biomass such as sugar beet molasses, sugarcane bagasse, and wheat bran, is gaining traction as a sustainable...
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