Synthetic Tartaric Acid Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

Description

Tartaric acid, scientifically known as 2,3-Dihydroxysuccinic acid, is a white crystalline organic compound sourced from both natural and synthetic processes. It naturally occurs in various fruits, including grapes, tamarinds, and bananas. The synthetic version is produced chemically from maleic anhydride.

Market Leadership

China leads the global synthetic tartaric acid market. There are three types of stereoisomers: L (+) synthetic tartaric acid, D (-) synthetic tartaric acid, and meso synthetic tartaric acid. Racemic synthetic tartaric acid, or DL-tartaric acid, is a synthetic mixture containing equal parts of L (+) and D (-) tartaric acid. This compound serves multiple functions, including as an antioxidant, acidifier, stabilizer, flavor enhancer, and sequestering agent.

Applications in Food and Beverage

In the food and beverage industry, synthetic tartaric acid is primarily used as an acidifier (designated by the E code E334), particularly in winemaking for regulating pH levels. It also enhances flavor in various products, including candies, sweets, jams, jellies, ice creams, and fruit nectars. Additionally, it acts as an antioxidant and emulsifier in the bakery sector.

Market Insights and Growth Drivers

The global synthetic tartaric acid market is poised for significant growth in the coming years, driven by rising demand across various industries. The market is expected to expand steadily, showcasing a healthy compound annual growth rate throughout the forecast period, with promising revenue opportunities anticipated.

Key drivers of growth include:

1.Increasing Demand in the Food & Beverage Sector: The food and beverage industry is experiencing rapid growth due to population increases, changing dietary habits, and advancements in food processing technologies. The surge in global wine consumption underscores the importance of synthetic tartaric acid as a crucial acidity regulator.

2.Pharmaceutical Applications: In pharmaceuticals, synthetic tartaric acid is used as an excipient in the production of effervescent tablets and granules. Regulatory agencies in countries such as the U.S. and U.K. are streamlining approval processes for excipients, which is expected to further boost the synthetic tartaric acid market.

3.Construction Industry Demand: In the construction sector, particularly in gypsum and plaster applications, synthetic tartaric acid acts as a retardant, improving product handling. The increase in housing and infrastructure projects in developing regions is anticipated to drive demand.

Business Opportunities

The rising consumption of wine and the expansion of the food and beverage industry present significant opportunities for manufacturers of synthetic tartaric acid. Additionally, the pharmaceutical sector's demand for excipients and the growing use of synthetic tartaric acid in non-food applications further enhance business potential in the market.

Regional Insights

China is the largest market for synthetic tartaric acid, accounting for approximately 28% of global consumption, thanks to its robust wine production and flourishing construction and pharmaceutical industries.

India is emerging as a high-potential market alongside China, with notable growth in its construction and pharmaceutical sectors. However, strict regulations regarding synthetic tartaric acid use in wine production in developed countries like North America and Europe may hinder market demand. Nevertheless, the increasing requirement for synthetic tartaric acid in non-food applications in these regions is expected to drive growth.

The Latin American and Middle Eastern & African (MEA) markets for synthetic tartaric acid are projected to experience steady growth throughout the forecast period.

Key Players

Several key players are active in the global synthetic tartaric acid market, including:

Ninghai Organic Chemical Factory
Yantai Taroke Bio-engineering Co., Ltd.
Australia Tartaric Product Pty Ltd.
Industria Chimica Valenzana ICV Spa
PAHI SL
Hangzhou Regin Bio-Tech Co., Ltd.
Hangzhou Linan Jinlog Chemicals Co., Ltd.
Hangzhou Ruijing Biotechnology Co., Ltd.
Changmao Biochemicals Engineering Co., Ltd.
Derivados Vinicos SA

Market Segmentation

Product Type:
- L (+) Tartaric Acid
- D (-) Tartaric Acid
- DL Tartaric Acid
Application:
- Wine
- Food & Beverage
- Pharmaceuticals
- Chemicals
- Building & Construction
- Others
Region:
- North America
- Latin America
- Europe
- China
- Asia-Pacific (APAC)
- Middle East and Africa (MEA)

1. Executive Summary

1.1. Global Synthetic Tartaric Acid Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Price Analysis, 2019 - 2023

3.1. Global Average Price Analysis by Product Type, 2019 - 2023
3.2. Prominent Factor Affecting Synthetic Tartaric Acid Prices
3.3. Global Average Price Analysis by Region

4. Global Synthetic Tartaric Acid Market Outlook, 2019 - 2031

4.1. Global Synthetic Tartaric Acid Market Outlook, by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Synthetic Tartaric Acids by Product Type
    - 4.1.1.1.1. L (+)- Tartaric Acid
    - 4.1.1.1.2. D (-)- Tartaric Acid
    - 4.1.1.1.3. DL Tartaric Acid
4.2. Global Synthetic Tartaric Acid Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Synthetic Tartaric Acids by Application
    - 4.2.1.1.1. Wine
    - 4.2.1.1.2. Food & Beverage
    - 4.2.1.1.3. Pharmaceuticals
    - 4.2.1.1.4. Chemicals
    - 4.2.1.1.5. Building & Construction
    - 4.2.1.1.6. Others
4.3. Global Synthetic Tartaric Acid Market Outlook, by Region, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. North America
  - 4.3.1.2. Europe
  - 4.3.1.3. Asia Pacific
  - 4.3.1.4. Latin America
  - 4.3.1.5. Middle East & Africa

5. North America Synthetic Tartaric Acid Market Outlook, 2019 - 2031

5.1. North America Synthetic Tartaric Acid Market Outlook, by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Synthetic Tartaric Acids by Product Type
    - 5.1.1.1.1. L (+)- Tartaric Acid
    - 5.1.1.1.2. D (-)- Tartaric Acid
    - 5.1.1.1.3. DL Tartaric Acid
5.2. North America Synthetic Tartaric Acid Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Synthetic Tartaric Acids by Application
    - 5.2.1.1.1. L (+)- Tartaric Acid
    - 5.2.1.1.2. D (-)- Tartaric Acid
    - 5.2.1.1.3. DL Tartaric Acid
- 5.2.2. Attractiveness Analysis
5.3. North America Synthetic Tartaric Acid Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. U.S. Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 5.3.1.2. U.S. Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 5.3.1.3. Canada Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 5.3.1.4. Canada Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031

6. Europe Synthetic Tartaric Acid Market Outlook, 2019 - 2031

6.1. Europe Synthetic Tartaric Acid Market Outlook, by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Synthetic Tartaric Acids by Product Type
    - 6.1.1.1.1. L (+)- Tartaric Acid
    - 6.1.1.1.2. D (-)- Tartaric Acid
    - 6.1.1.1.3. DL Tartaric Acid
6.2. Europe Synthetic Tartaric Acid Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Synthetic Tartaric Acids by Application
    - 6.2.1.1.1. Wine
    - 6.2.1.1.2. Food & Beverage
    - 6.2.1.1.3. Pharmaceuticals
    - 6.2.1.1.4. Chemicals
    - 6.2.1.1.5. Building & Construction
    - 6.2.1.1.6. Others
- 6.2.2. Attractiveness Analysis
6.3. Europe Synthetic Tartaric Acid Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Germany Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.2. Germany Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.3. U.K. Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.4. U.K. Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.5. France Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.6. France Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.7. Italy Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.8. Italy Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.9. Turkey Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.10. Turkey Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.11. Russia Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.12. Russia Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.13. Rest of Europe Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 6.3.1.14. Rest of Europe Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031

7. Asia Pacific Synthetic Tartaric Acid Market Outlook, 2019 - 2031

7.1. Asia Pacific Synthetic Tartaric Acid Market Outlook, by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Synthetic Tartaric Acids by Product Type
    - 7.1.1.1.1. L (+)- Tartaric Acid
    - 7.1.1.1.2. D (-)- Tartaric Acid
    - 7.1.1.1.3. DL Tartaric Acid
7.2. Asia Pacific Synthetic Tartaric Acid Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Synthetic Tartaric Acids by Application
    - 7.2.1.1.1. Wine
    - 7.2.1.1.2. Food & Beverage
    - 7.2.1.1.3. Pharmaceuticals
    - 7.2.1.1.4. Chemicals
    - 7.2.1.1.5. Building & Construction
    - 7.2.1.1.6. Others
- 7.2.2. Attractiveness Analysis
7.3. Asia Pacific Synthetic Tartaric Acid Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. China Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.2. China Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.3. Japan Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.4. Japan Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.5. South Korea Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.6. South Korea Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.7. India Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.8. India Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.9. Southeast Asia Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.10. Southeast Asia Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.11. Rest of Asia Pacific Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 7.3.1.12. Rest of Asia Pacific Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031

8. Latin America Synthetic Tartaric Acid Market Outlook, 2019 - 2031

8.1. Latin America Synthetic Tartaric Acid Market Outlook, by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Synthetic Tartaric Acids by Product Type
    - 8.1.1.1.1. L (+)- Tartaric Acid
    - 8.1.1.1.2. D (-)- Tartaric Acid
    - 8.1.1.1.3. DL Tartaric Acid
8.2. Latin America Synthetic Tartaric Acid Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Synthetic Tartaric Acids by Application
    - 8.2.1.1.1. Wine
    - 8.2.1.1.2. Food & Beverage
    - 8.2.1.1.3. Pharmaceuticals
    - 8.2.1.1.4. Chemicals
    - 8.2.1.1.5. Building & Construction
  - 8.2.1.2. Others
- 8.2.2. Attractiveness Analysis
8.3. Latin America Synthetic Tartaric Acid Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Brazil Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 8.3.1.2. Brazil Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 8.3.1.3. Mexico Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 8.3.1.4. Mexico Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 8.3.1.5. Argentina Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 8.3.1.6. Argentina Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 8.3.1.7. Rest of Latin America Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 8.3.1.8. Rest of Latin America Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031

9. Middle East & Africa Synthetic Tartaric Acid Market Outlook, 2019 - 2031

9.1. Middle East & Africa Synthetic Tartaric Acid Market Outlook, by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Synthetic Tartaric Acids by Product Type
    - 9.1.1.1.1. L (+)- Tartaric Acid
    - 9.1.1.1.2. D (-)- Tartaric Acid
    - 9.1.1.1.3. DL Tartaric Acid
9.2. Middle East & Africa Synthetic Tartaric Acid Market Outlook, by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Synthetic Tartaric Acids by Application
    - 9.2.1.1.1. Wine
    - 9.2.1.1.2. Food & Beverage
    - 9.2.1.1.3. Pharmaceuticals
    - 9.2.1.1.4. Chemicals
    - 9.2.1.1.5. Building & Construction
  - 9.2.1.2. Others
- 9.2.2. Attractiveness Analysis
9.3. Middle East & Africa Synthetic Tartaric Acid Market Outlook, by Country, Value (US$ Bn) and Volume (Tons), 2019 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. GCC Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 9.3.1.2. GCC Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 9.3.1.3. South Africa Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 9.3.1.4. South Africa Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 9.3.1.5. Egypt Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 9.3.1.6. Egypt Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 9.3.1.7. Nigeria Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 9.3.1.8. Nigeria Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 9.3.1.9. Rest of Middle East & Africa Synthetic Tartaric Acid Market by Product Type, Value (US$ Bn) and Volume (Tons), 2019 - 2031
  - 9.3.1.10. Rest of Middle East & Africa Synthetic Tartaric Acid Market by Application, Value (US$ Bn) and Volume (Tons), 2019 - 2031

10. Competitive Landscape

10.1. By Type vs by Application Heatmap
10.2. Company Market Share Analysis, 2024
10.3. Competitive Dashboard
10.4. Company Profiles
- 10.4.1. Tartaros Gonzalo Castello S.L
  - 10.4.1.1. Company Overview
  - 10.4.1.2. Product Portfolio
  - 10.4.1.3. Financial Overview
  - 10.4.1.4. Business Strategies and Development
- 10.4.2. Sagar Chemicals
  - 10.4.2.1. Company Overview
  - 10.4.2.2. Product Portfolio
  - 10.4.2.3. Financial Overview
  - 10.4.2.4. Business Strategies and Development
- 10.4.3. American International Chemicals LLC
  - 10.4.3.1. Company Overview
  - 10.4.3.2. Product Portfolio
  - 10.4.3.3. Financial Overview
  - 10.4.3.4. Business Strategies and Development
- 10.4.4. Ninghai Organic Chemical Factory
  - 10.4.4.1. Company Overview
  - 10.4.4.2. Product Portfolio
  - 10.4.4.3. Financial Overview
  - 10.4.4.4. Business Strategies and Development
- 10.4.5. Yantai Taroke Bio-engineering Co., Ltd
  - 10.4.5.1. Company Overview
  - 10.4.5.2. Product Portfolio
  - 10.4.5.3. Financial Overview
  - 10.4.5.4. Business Strategies and Development
- 10.4.6. Hangzhou Bioking Biochemical Engineering Co., Ltd
  - 10.4.6.1. Company Overview
  - 10.4.6.2. Product Portfolio
  - 10.4.6.3. Financial Overview
  - 10.4.6.4. Business Strategies and Development
- 10.4.7. Hangzhou Regin Bio-tech Co., Ltd.
  - 10.4.7.1. Company Overview
  - 10.4.7.2. Product Portfolio
  - 10.4.7.3. Financial Overview
  - 10.4.7.4. Business Strategies and Development
- 10.4.8. Changmao Biochemical Engineering Company Limited
  - 10.4.8.1. Company Overview
  - 10.4.8.2. Product Portfolio
  - 10.4.8.3. Financial Overview
  - 10.4.8.4. Business Strategies and Development
- 10.4.9. Brenn-O-Kem (Pty) Ltd
  - 10.4.9.1. Company Overview
  - 10.4.9.2. Product Portfolio
  - 10.4.9.3. Financial Overview
  - 10.4.9.4. Business Strategies and Development
- 10.4.10. Omkar Speciality Chemical Limited
  - 10.4.10.1. Company Overview
  - 10.4.10.2. Product Portfolio
  - 10.4.10.3. Financial Overview
  - 10.4.10.4. Business Strategies and Development
- 10.4.11. Shanhong Chemical Co, Ltd
  - 10.4.11.1. Company Overview
  - 10.4.11.2. Product Portfolio
  - 10.4.11.3. Financial Overview
  - 10.4.11.4. Business Strategies and Developments
- 10.4.12. PAHI, S.L
  - 10.4.12.1. Company Overview
  - 10.4.12.2. Product Portfolio
  - 10.4.12.3. Financial Overview
  - 10.4.12.4. Business Strategies and Development

11. Appendix

11.1. Research Methodology
11.2. Report Assumptions
11.3. Acronyms and Abbreviations