Global Tartaric Acid Market Foreseen To Gain Traction from the Wire Industry A recent business intelligence report developed at the headquarters Transparency Market Research (TMR) has detected the market for tartaric acid is heavily dependent on the raw material suppliers of this organic acid. Being a seasonal acid that is extracted out of fruits including grapes and tamarind, the inflow of raw materials is limited to major manufacturers who cultivate their own or on contract. While there are tartaric acids, they are restricted from the usage across consumable product industries such as wine and food and beverages. As far as the competitive landscape is concerned, the shares are distributed. The analyst of this tartaric acid market has notified of a fragmented scenario with the percentage of natural tartaric acid manufacturing outnumbering synthetic option manufacturers. Most of the latter ones are currently present in the emerging economies The TMR report analyst has identified and profiled a number of prominent companies operating in the tartaric acid market, including as American Tartaric Products Inc., Caviro Distillerie S.R.L., Tarcol S.A., Distillerie Mazzari S.p.A., Giovanni Randi S.p.A., Derivados Vinicos S.A., The Tartaric Chemicals Corporation, Vinicas Inc., Omkar Speciality Chemicals Ltd., and Industria Chimica Valenzana S.p.A.
Global Tartaric Acid Estimated for a Value of US$3.16 Bn by 2022 As per the projections of the TMR report, the global tartaric acid market will attain a value of US$3.16 billion by the end of 2022, with the demand expanding at a formidable CAGR of 6.2% during the forecast period of 2014 to 2022. Volume-wise, the global market is to produced a demand for nearly 80.2 kilo tons of tartaric acid in 2013, which