1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Tartaric Acid Market Market Global Insights 2018, Forecast to 2024

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Tartaric Acid Industry Background The demand for tartaric acid from the countries of the Asia Pacific and the Middle East are accelerating the product exports from North America and Europe. In Latin America, most of the product demand is from the countries such as Argentina, Mexico, and Chile. Moreover, the growing construction industry in the Middle East region will further drive the tartaric acid market growth till the end of the forecast period. The government regulations regarding the use of synthetic tartaric acid are expected to tighten over the coming years, which might act as a significant restraint to the tartaric acid market growth globally. Tartaric Acid Industry Overview Tartaric Acid Market will exceed USD 600 million; according to a new research report by Global Market Insights, Inc. Tartaric acid, also known as 2, 3-dihydroxybutanedioic acid, is a white crystalline organic acid. It is produced from both synthetic, and natural raw materials. Tartaric acid finds major applications in wine, food & beverage sectors for providing a distinct taste to human-consumables. Sun dried raisins &Grapes, are some of the naturally- available rich tartaric acid sources. Artificially, it could be produced through maleic anhydride. The natural tartaric acid has applications, primarily in food & beverage, wine, pharmaceuticals, wine, and others, while synthetic tartaric acid applications are only limited to cosmetics, personal care goods, construction chemicals, and some others.

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4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Tartaric Acid Industry By Type Fluctuations in the availability of natural tartaric acid is leading to high variations in their prices, which is a significant restraint to the natural tartaric acid market growth. Moreover, the market growth is additionally restricted by the growing demand for citric acid, which acts as a substitute to tartaric acid for acidulate applications. Also, there are stringent restrictions regarding the synthetic tartaric acid use in food & beverage, wine, and pharmaceutical applications, and this might further restrain the synthetic tartaric acid market growth globally over the estimated period. The natural tartaric acid segment is projected to be the fastest-growing during the projected period, due to its wide range of applications such as food & beverages, wine, pharmaceutical, which further results in an exponential rise in both product consumption and manufacturing.

5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Tartaric Acid Market Size, by Type, 2013 – 2024 (USD Million)

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Tartaric Acid Industry By Application The wine application segment dominated the overall market in 2016. It is also anticipated to increase over a highest CAGR during the anticipated period, followed by FMCG application segment. The tartaric acid for producing wine is expected to increase at 4% CAGR, due to the increasing wine consumption across both developed and developing economies. Rising demand from food & beverage applications is predicted to rise over a reasonable CAGR, due to the growing demand for processed food products, and nutritional beverages in the developing economies of both Asia Pacific, and Europe, such as China, Japan, Australia, and France, Spain, and Italy respectively. Tartaric Acid Industry By Region The Europe tartaric acid market constituted a significant market share by the end of 2016 and would grow at a similar pattern till 2024. Increasing wine production operations in countries like France, Italy, and Spain will majorly boost the Europe regional market in the projected timeframe. Asia Pacific market is the second-largest market, which is primarily driven by Japan, India, and China. Growing product consumption in manufacturing FMCG products, coupled with the growing product consumption in construction chemicals is anticipated to boost the regional market of Asia Pacific till 2024.

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Competitive Tartaric Acid Industry Share Prominent players in the tartaric acid industry are Distillerie Mazzari, Caviro, Changmao Biochemical Engineering, Tarac Technologies, ALVINESA ALCOHOLERA VINICOLA S.A., Omkar Speciality Chemicals Ltd, PAHI, S.L., Merck KGaA, Tártaros Gonzalo Castelló, Derivados Vinicos, Vinicas, and Distillerie Mazzari among some others.

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10. www.company.com Chapter 5. Tartaric Acid Market, By Application 5.1. Global tartaric acid market share by application, 2016 & 2024 5.2. Wine 5.2.1. Market estimates and forecast, 2013 - 2024 5.2.2. Market estimates and forecast, by region, 2013 – 2024 5.3. Food & Beverage 5.3.1. Market estimates and forecast, 2013 - 2024 5.3.2. Market estimates and forecast, by region, 2013 – 2024 5.4. FMCG 5.4.1. Market estimates and forecast, 2013 - 2024 5.4.2. Market estimates and forecast, by region, 2013 – 2024 5.5. Pharmaceutical 5.5.1. Market estimates and forecast, 2013 - 2024 5.5.2. Market estimates and forecast, by region, 2013 – 2024 5.6. Others 5.6.1. Market estimates and forecast, 2013 - 2024 5.6.2. Market estimates and forecast, by region, 2013 – 2024

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