Increasing Demand for Nylon 66 Presents Appreciable Growth Opportunity for Muconic Acid Market, says TMR
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 Sigma-Aldrich, 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. View Exclusive Global Strategic Business Report: http://www.tr...