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    Bio based Malonic Acid Market

    ID: MRFR/CnM/25687-HCR
    111 Pages
    Priya Nagrale
    October 2025

    Bio-based Malonic Acid Market Research Report: By Product Type (Liquid, Solid), By Application (Pharmaceuticals, Cosmetics, Food and Beverage, Industrial), By End-Use Industry (Automotive, Agriculture, Electronics, Construction), By Source (Sugarcane, Corn, Cassava) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035.

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    Bio based Malonic Acid Market Infographic
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    Bio based Malonic Acid Market Summary

    The Global Bio-based Malonic Acid Market is projected to grow significantly from 10.19 USD Billion in 2024 to 25.37 USD Billion by 2035.

    Key Market Trends & Highlights

    Bio-based Malonic Acid Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 8.64% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 25.4 USD Billion, indicating robust growth potential.
    • in 2024, the market is valued at 10.19 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of bio-based chemicals due to increasing environmental concerns is a major market driver.

    Market Size & Forecast

    2024 Market Size 10.19 (USD Billion)
    2035 Market Size 25.37 (USD Billion)
    CAGR (2025-2035) 8.64%

    Major Players

    Beantown Chemical Corp., Changzhou Yabang Biological Technology Co. Ltd., Solvay, Hangzhou Quzhou Sunshine Biotechnology Co. Ltd., Citrique Belge, Foryou Organic Chemicals Co. Ltd., Xuchang Aonuo Biological Technology Co. Ltd., Evonik Industries AG, Hubei Xingfa Chemicals Co. Ltd., Nippon Shokubai Co. Ltd., Freyberg Fine Chemicals Austria, Angene International Limited, Changzhou Innochem Technology Co. Ltd., Hangzhou Alfa Chemistry Co. Ltd.

    Bio based Malonic Acid Market Trends

    The market of Bio-based Malonic Acid exhibits promising growth prospects, driven primarily by increasing demand for sustainable and environmentally friendly alternatives in various industries. Key market drivers include growing awareness of the environmental impact of traditional chemical processes, stringent regulations favoring bio-based products, and the rising adoption of bio-based malonic acid in applications such as food beverage, pharmaceuticals, personal care, and industrial chemicals. Opportunities for growth lie in untapped markets in emerging economies and the development of novel applications in industries such as agriculture and cosmetics.

    Recent trends indicate a shift towards integrated biorefinery processes for cost-efficient production, the emergence of new technologies for bio-based malonic acid synthesis, and increasing investments in R for product innovation.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    The increasing emphasis on sustainable production methods is likely to drive the demand for bio-based malonic acid, as industries seek eco-friendly alternatives to traditional petrochemical derivatives.

    U.S. Department of Agriculture

    Bio based Malonic Acid Market Drivers

    Market Growth Projections

    The Global Bio-based Malonic Acid Market Industry is projected to experience substantial growth in the coming years. The market is expected to reach 10.2 USD Billion in 2024 and is forecasted to grow to 25.4 USD Billion by 2035. This growth trajectory suggests a robust expansion, driven by increasing demand for sustainable chemicals and advancements in production technologies. The anticipated CAGR of 8.64% from 2025 to 2035 indicates a strong market potential, reflecting the industry's ability to adapt to changing consumer preferences and regulatory landscapes.

    Advancements in Production Technologies

    Technological advancements in the production of bio-based malonic acid are significantly influencing the Global Bio-based Malonic Acid Market Industry. Innovations in fermentation processes and enzymatic pathways have enhanced production efficiency and reduced costs. For example, the adoption of genetically modified microorganisms has been shown to increase yield rates, making bio-based malonic acid more competitive against petroleum-derived counterparts. As production technologies continue to evolve, the market is likely to see a substantial increase in output, potentially leading to a market valuation of 25.4 USD Billion by 2035. This technological evolution is crucial for meeting the anticipated demand and ensuring the industry's sustainability.

    Growing Demand for Sustainable Chemicals

    The Global Bio-based Malonic Acid Market Industry is experiencing a surge in demand for sustainable chemicals as industries increasingly prioritize eco-friendly alternatives. This shift is driven by regulatory pressures and consumer preferences for greener products. For instance, the market is projected to reach 10.2 USD Billion in 2024, reflecting a growing inclination towards bio-based solutions. Companies are investing in bio-based malonic acid production to meet these demands, which not only reduces carbon footprints but also aligns with global sustainability goals. This trend indicates a robust growth trajectory for the industry, as stakeholders recognize the potential of bio-based chemicals in various applications.

    Regulatory Support for Bio-based Products

    Regulatory frameworks supporting bio-based products are playing a pivotal role in shaping the Global Bio-based Malonic Acid Market Industry. Governments worldwide are implementing policies that encourage the use of renewable resources and penalize excessive reliance on fossil fuels. For instance, initiatives such as tax incentives and subsidies for bio-based product development are fostering a favorable environment for manufacturers. This regulatory support not only enhances market attractiveness but also drives investment in research and development. As a result, the industry is expected to grow at a CAGR of 8.64% from 2025 to 2035, reflecting the positive impact of these regulations on market dynamics.

    Expanding Applications in Various Industries

    The versatility of bio-based malonic acid is contributing to its increasing adoption across various industries, thereby driving the Global Bio-based Malonic Acid Market Industry. Applications range from pharmaceuticals to agrochemicals, where malonic acid serves as a key intermediate in the synthesis of numerous compounds. The growing interest in bio-based alternatives in these sectors is indicative of a broader trend towards sustainability. As industries seek to replace traditional petrochemical products with bio-based options, the market is poised for significant growth. This diversification of applications is likely to enhance market stability and resilience against economic fluctuations.

    Consumer Awareness and Preference for Green Products

    Consumer awareness regarding environmental issues is significantly influencing the Global Bio-based Malonic Acid Market Industry. As consumers become more informed about the ecological impacts of their choices, there is a marked shift towards products that are perceived as environmentally friendly. This trend is evident in the increasing demand for bio-based malonic acid in consumer goods, where manufacturers are responding by reformulating products to include sustainable ingredients. The growing preference for green products is not only reshaping market dynamics but also encouraging companies to innovate and invest in bio-based alternatives, further propelling the industry's growth.

    Market Segment Insights

    Bio-based Malonic Acid Market Product Type Insights

    Product Type Outlook Based on product type, bio-based malonic acid market is segmented into liquid and solid. Liquid segment is expected to obtain the largest share of the market in 2023 and is projected to grow continuously over the forecast period. Solid segment is anticipated to grow at a slower rate, however, still being beneficial for the overall market growth. The liquid segment is growing due to the increasing use of bio-based products in numerous industries such as food and beverage, personal care, and pharmaceuticals.

    Liquid bio-based malonic acid is used as an intermediate chemical to serve as a precursor to numerous other chemicals such as plasticizers, solvents, and detergents.It is also used in the food industry as a food additive and flavoring agent. The solid segment is likely to develop at a slower pace due to the growing use of bio-based malonic acid in liquid form. However, it is still used in some applications, such as to produce polymers and plastics.

    Taking everything into account,  bio-based malonic acid market is expected to grow with a steady pace over the forecast period, driven by the growing consumer shift towards bio-based products and increased public awareness of the environment.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Bio-based Malonic Acid Market Application Insights

    Applications Pharmaceuticals is projected to hold the largest market share in 2023, owing to the increasing consumption of bio-based chemicals in the pharmaceutical industry. The cosmetics segment is projected to register a growth in the consumption of bio-based malonic acid during the forecast period especially driven by the rise in demand for natural and organic cosmetics. The food and beverage segment is projected to witness a steady growth owing to the growing demand for natural and healthy food additives.

    The Industrial segment is projected to witness a moderate growth owing to the increasing utilization of bio-based malonic acid for the production of the biodegradable plastics and other industrial applications.

    Bio-based Malonic Acid Market End-Use Industry Insights

    The Bio-based Malonic Acid Market is segmented into various end-use industries, including Automotive, Agriculture, Electronics, and Construction. Each segment offers unique opportunities and challenges for market participants. The Automotive segment is expected to witness significant growth in the coming years due to the increasing demand for bio-based materials in vehicle production. Bio-based Malonic Acid is used in the manufacturing of bio-plastics, which are gaining popularity as sustainable alternatives to traditional plastics.

    The Agriculture segment is also projected to contribute to market growth, driven by the growing demand for bio-based fertilizers and pesticides.Electronics and Construction segments are also expected to witness steady growth, supported by the increasing adoption of bio-based materials in these industries.

    Bio-based Malonic Acid Market Source Insights

    The source segment plays a crucial role in shaping the dynamics of the  Bio-based Malonic Acid Market. Among the key sources, Sugarcane holds a substantial market share, driven by its high availability and cost-effectiveness. The  Bio-based Malonic Acid Market from Sugarcane is projected to reach USD 3.2 billion by 2032, exhibiting a significant growth potential. Corn is another important source, offering advantages such as high yield and adaptability to diverse climatic conditions.

    The  Bio-based Malonic Acid Market from Corn is anticipated to grow steadily, reaching USD 2.6 billion by 2032.Cassava, known for its starch content and low production costs, is also gaining traction as a source for bio-based malonic acid. The  Bio-based Malonic Acid Market from Cassava is estimated to reach USD 1.8 billion by 2032, showcasing the growing demand for sustainable and cost-effective feedstocks.

    Get more detailed insights about Bio-based Malonic Acid Market Research Report- Global Forecast till 2034

    Regional Insights

    The Bio-based Malonic Acid Market is witnessing a significant regional presence, with key markets being North America, Europe, APAC, South America, and MEA. Among these, North America is expected to hold a dominant share in the market, owing to the growing adoption of bio-based products and increasing demand from various end-use industries. The  Bio-based Malonic Acid Market in North America is projected to reach USD 3.2 billion by 2024, exhibiting a steady growth rate.

    Europe is another major market for bio-based malonic acid, driven by stringent environmental regulations and a strong focus on sustainability.The  Bio-based Malonic Acid Market in Europe is anticipated to reach USD 2.6 billion by 2024, expanding at a moderate pace. APAC region is witnessing a surge in demand for bio-based malonic acid due to the growing population, increasing disposable income, and rising environmental awareness. The  Bio-based Malonic Acid Market in APAC is poised to reach USD 1.8 billion by 2024, showcasing a robust growth trajectory.

    South America and MEA are emerging markets for bio-based malonic acid, with potential for future growth driven by increasing industrialization and urbanization.

    Bio-based Malonic Acid Market By Regional

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    Major players in Bio-based Malonic Acid Market industry are focusing on developing new products and expanding their production capacities to meet the growing demand. Leading Bio-based Malonic Acid Market players are also investing in research and development to improve the efficiency of their production processes and develop new applications for bio-based malonic acid.

    The Bio-based Malonic Acid Market industry is expected to witness significant growth in the coming years, driven by the increasing demand for bio-based products and the growing awareness of the environmental benefits of using bio-based materials.Bioamber, a leading player in the Bio-based Malonic Acid Market, is focused on developing and producing sustainable bio-based chemicals. The company's Susterra propanediol, a bio-based intermediate used to produce a variety of products, including bio-based malonic acid, is derived from renewable resources.

    Bioamber has a strong customer base and is expanding its production capacity to meet the growing demand for its products.Myriant, a competitor in the Bio-based Malonic Acid Market, is also a leading producer of bio-based chemicals. The company's bio-based succinic acid, a bio-based intermediate used to produce a variety of products, including bio-based malonic acid, is derived from renewable resources. Myriant has a strong customer base and is expanding its production capacity to meet the growing demand for its products.

    Key Companies in the Bio based Malonic Acid Market market include

    Industry Developments

    Rising demand for bio-based chemicals in various end-use industries such as food beverages, pharmaceuticals, and personal care is primarily driving the market growth. Additionally, increasing environmental concerns and stringent government regulations favoring sustainable practices are further propelling the adoption of bio-based malonic acid. Key recent developments include the strategic partnership between Myriant and Roquette to enhance bio-based malonic acid production capacity, and BASF's investment in expanding its bio-based succinic acid and malonic acid production facilities. These initiatives are expected to shape the future of the bio-based malonic acid market significantly.

    Future Outlook

    Bio based Malonic Acid Market Future Outlook

    The Global Bio-based Malonic Acid Market is projected to grow at an 8.64% CAGR from 2025 to 2035, driven by increasing demand for sustainable chemicals and advancements in production technologies.

    New opportunities lie in:

    • Develop innovative bio-based production methods to enhance yield and reduce costs.
    • Expand applications in pharmaceuticals and agrochemicals to tap into new markets.
    • Invest in strategic partnerships with green technology firms to foster innovation.

    By 2035, the market is expected to achieve robust growth, positioning itself as a leader in sustainable chemical solutions.

    Market Segmentation

    Bio-based Malonic Acid Market Source Outlook

    • Sugarcane
    • Corn
    • Cassava

    Bio-based Malonic Acid Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Bio-based Malonic Acid Market Application Outlook

    • Pharmaceuticals
    • Cosmetics
    • Food and Beverage
    • Industrial

    Bio-based Malonic Acid Market Product Type Outlook

    • Liquid
    • Solid

    Bio-based Malonic Acid Market End-Use Industry Outlook

    • Automotive
    • Agriculture
    • Electronics
    • Construction

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 10.19 (USD Billion)
    Market Size 2025 11.08 (USD Billion)
    Market Size 2035 25.37 (USD Billion)
    Compound Annual Growth Rate (CAGR) 8.64% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Beantown Chemical Corp., Changzhou Yabang Biological Technology Co. Ltd., Solvay, Hangzhou Quzhou Sunshine Biotechnology Co. Ltd., Citrique Belge, Foryou Organic Chemicals Co. Ltd., Xuchang Aonuo Biological Technology Co. Ltd., Evonik Industries AG, Hubei Xingfa Chemicals Co. Ltd., Nippon Shokubai Co. Ltd., Freyberg Fine Chemicals Austria, Angene International Limited, Changzhou Innochem Technology Co. Ltd., Hangzhou Alfa Chemistry Co. Ltd.
    Segments Covered Product Type, Application, End-Use Industry, Source, Regional
    Key Market Opportunities Rising demand for sustainable chemicals Growing applications in personal care Increasing adoption in pharmaceuticals
    Key Market Dynamics Rising demand for biodegradable plastics Growing consumer awareness of environmental sustainability Technological advancements in biobased manufacturing Increasing adoption in food and beverage industries Expansion of biobased malonic acid production capacity
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the expected market size of the Bio-based Malonic Acid Market in 2024?

    The Bio-based Malonic Acid Market is expected to reach a value of 10.19 Billion USD in 2024.

    What is the expected CAGR of the Bio-based Malonic Acid Market from 2025 to 2034?

    The Bio-based Malonic Acid Market is projected to grow at a CAGR of 8.64% from 2025 to 2034.

    Which region is expected to hold the largest share of the Bio-based Malonic Acid Market in 2024?

    North American region is expected to account for the largest share of the Bio-based Malonic Acid Market in 2024.

    Which application segment is expected to drive the growth of the Bio-based Malonic Acid Market?

    The pharmaceuticals segment is expected to be the major growth driver for the Bio-based Malonic Acid Market.

    Who are the key competitors in the Bio-based Malonic Acid Market?

    Some of the key competitors in the Bio-based Malonic Acid Market include BASF, Cargill, and Evonik.

    What is the expected market size of the Bio-based Malonic Acid Market in 2034?

    The Bio-based Malonic Acid Market is expected to reach a value of 23.35 Billion USD by 2034.

    Which region is expected to witness the highest growth rate in the Bio-based Malonic Acid Market?

    The Asia-Pacific region is expected to witness the highest growth rate in the Bio-based Malonic Acid Market.

    What are the major factors driving the growth of the Bio-based Malonic Acid Market?

    The growing demand for bio-based products and the increasing adoption of sustainable practices are driving the growth of the Bio-based Malonic Acid Market.

    What are the challenges faced by the Bio-based Malonic Acid Market?

    The high cost of production and the limited availability of raw materials are some of the challenges faced by the Bio-based Malonic Acid Market.

    What are the future opportunities for the Bio-based Malonic Acid Market?

    The increasing demand for bio-based products and the growing awareness of sustainability present significant opportunities for the Bio-based Malonic Acid Market.

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