The Global Itaconic Acid Market was valued at USD 106.58 Million in 2023 and is projected to reach USD 134.08 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.90% during the forecast period (2023–2029). This steady expansion is fueled by rising demand for bio-based chemicals, increasing applications in sustainable polymers and resins, and the shift toward eco-friendly alternatives in industries like plastics, adhesives, and lubricants, particularly as regulations push for reduced reliance on petroleum-derived materials.

As the chemical industry pivots toward sustainability and bio-economy principles, attention turns to the key producers of itaconic acid—a versatile, naturally derived dicarboxylic acid used in everything from biodegradable plastics to water treatment agents. In this blog, we profile the Top 10 Companies in the Global Itaconic Acid Industry—a blend of established biochemical specialists, innovative fermenters, and global suppliers pioneering greener production methods and expanding applications to meet evolving market needs.

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🔟 1. Zhejiang Guoguang Biochemical Co., Ltd.

Headquarters: Zhejiang Province, China
Key Offering: Fermentation-based Itaconic Acid, Industrial-Grade Derivatives

Zhejiang Guoguang stands as a cornerstone in Asia’s bio-chemical sector, specializing in the large-scale production of itaconic acid through advanced fermentation processes. With decades of expertise, the company supplies high-purity itaconic acid to manufacturers worldwide, focusing on applications in synthetic resins and acrylic fibers. Their production facilities emphasize efficiency and scalability, enabling them to meet the growing needs of the packaging and automotive industries where lightweight, sustainable materials are increasingly prioritized.

Because of their commitment to biological synthesis, Guoguang has positioned itself as a leader in reducing carbon footprints associated with chemical manufacturing. Their operations integrate renewable feedstocks like glucose derived from agricultural waste, which not only lowers costs but also aligns with global sustainability goals.

Sustainability Initiatives:

• Investment in R&D for enhanced fermentation technologies to boost output efficiency

• Partnerships with international chemical firms for derivative development in bioplastics

• Certification for eco-friendly production processes, targeting zero-waste operations by 2030

Download FREE Sample Report: Global Itaconic Acid Market – View in Detailed Research Report

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9️⃣ 2. Shandong Kehai Biological Technology Co., Ltd.

Headquarters: Shandong Province, China
Key Offering: Bio-Fermented Itaconic Acid, Specialty Chemicals

Shandong Kehai excels in the biotechnological production of itaconic acid, leveraging Aspergillus terreus fermentation to deliver consistent quality for industrial use. Operating multiple plants across China, the company caters to sectors like lubricants and plasticizers, where itaconic acid’s reactivity enhances product performance.

The company’s growth trajectory reflects broader trends in bio-economy, as they invest heavily in automation to streamline production. This not only improves yield rates but also minimizes energy consumption, making their itaconic acid a preferred choice for manufacturers aiming for greener supply chains.

Sustainability Initiatives:

• Development of genetically modified fungi for faster fermentation cycles

• Collaborations with universities on sustainable downstream processing

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8️⃣ 3. Linyi Huaming Biological Technology Co., Ltd.

Headquarters: Linyi, Shandong, China
Key Offering: Itaconic Acid via Fermentation, Anhydride Forms

Linyi Huaming is a key player in the fermentation segment, producing itaconic acid that serves as a building block for polyitaconates and other polymers. Their integrated facilities handle everything from raw material preparation to final packaging, ensuring cost-effectiveness for bulk buyers in the adhesive and coating industries.

With the global push for circular economy practices, Huaming is adapting by exploring waste-derived substrates for fermentation, which reduces environmental impact while maintaining economic viability. Their products are instrumental in developing water-treatment chemicals that are less harmful to ecosystems compared to traditional options.

Sustainability Initiatives:

• Aim to increase production capacity by 20% annually through process optimization

• Joint ventures for exporting to emerging markets in Southeast Asia

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7️⃣ 4. Jinan Zhongshun Biotech Co., Ltd.

Headquarters: Jinan, Shandong, China
Key Offering: High-Purity Itaconic Acid, Customized Derivatives

Jinan Zhongshun specializes in tailored itaconic acid solutions, blending fermentation with synthetic enhancements to meet niche demands in pharmaceuticals and cosmetics. Their headquarters in Jinan serves as a hub for quality assurance, with exports reaching over 30 countries.

As bio-based materials gain traction, Zhongshun is investing in sustainable packaging for their products, reflecting a holistic approach to environmental responsibility. Their fermentation processes are designed for minimal water usage, addressing concerns in water-scarce regions.

Sustainability Initiatives:

• Goal to achieve 15% of output from renewable waste sources by 2027

• R&D in itaconic acid copolymers for biomedical uses

Download FREE Sample Report: Global Itaconic Acid Market – View in Detailed Research Report

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6️⃣ 5. Alpha Chemika

Headquarters: Mumbai, India
Key Offering: Laboratory and Industrial Itaconic Acid, Organic Intermediates

Alpha Chemika, based in India’s bustling chemical hub, provides itaconic acid for both research and commercial scales, emphasizing affordability and accessibility. Their portfolio includes fine chemicals derived from itaconic acid, used in polymer synthesis for textiles and paints.

The company’s focus on education and outreach helps demystify bio-chemicals, fostering adoption in developing economies. By prioritizing local sourcing, Alpha Chemika supports community development while ensuring product traceability.

Sustainability Initiatives:

• Development of low-cost fermentation kits for small-scale producers

• Partnerships for itaconic acid in sustainable agriculture products

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5️⃣ 6. Itaconix Corporation

Headquarters: Manchester, UK (with US operations)
Key Offering: Bio-Polyitaconic Acid Polymers, Dispersants

Itaconix leads in polymerizing itaconic acid into high-performance materials for detergents and personal care, offering drop-in replacements for acrylics. Their proprietary technology enables scalable production of biodegradable polymers that outperform fossil-based counterparts in efficacy and sustainability.

Drawing on academic roots, Itaconix collaborates with industry leaders to integrate itaconic acid into consumer goods, reducing microplastic pollution. Their UK-based R&D center drives advancements in water-soluble applications.

Sustainability Initiatives:

• Current production capacity exceeding 5,000 tons/year for derivatives

• Target: Expand to 10,000 tons by 2026 through new facilities

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4️⃣ 7. Mitsubishi Chemical Corporation

Headquarters: Tokyo, Japan
Key Offering: Synthetic and Fermented Itaconic Acid, Advanced Materials

Mitsubishi Chemical integrates itaconic acid into their vast portfolio of engineering plastics and resins, serving electronics and automotive sectors. Their Japanese precision in manufacturing ensures superior quality, with a focus on hybrid synthesis methods for cost efficiency.

As Japan emphasizes carbon neutrality, Mitsubishi is ramping up bio-content in products, using itaconic acid to create flame-retardant polymers. Global supply chains support their export strategy.

Sustainability Initiatives:

• Limited involvement in pure bio-production but growing R&D in integrated processes

• Local programs for synthetic enhancements

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3️⃣ 8. Ronas Chemicals Ind. Co., Ltd.

Headquarters: Kaohsiung, Taiwan
Key Offering: Itaconic Acid for Resins, Export-Grade Purity

Ronas Chemicals supplies itaconic acid across Asia, specializing in resin formulations for construction and adhesives. Their Taiwan operations benefit from robust logistics, facilitating quick delivery to regional manufacturers.

Committed to green chemistry, Ronas invests in cleaner production, reducing emissions in downstream applications like flooring materials.

Sustainability Initiatives:

• Bio-resin research collaborations

• Scaling production for regional demand growth

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2️⃣ 9. Lucite International (Mitsubishi Chemical Group)

Headquarters: Darwen, UK
Key Offering: Itaconic Acid Derivatives, Methyl Methacrylate Alternatives

Lucite pioneers itaconic acid in acrylic sheets and coatings, offering sustainable options for signage and displays. Part of Mitsubishi, they leverage global resources for innovation in optical materials.

Sustainability Initiatives:

• Production targets for bio-acrylates

• Supply chain expansions in Europe

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1️⃣ 10. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Itaconic Acid for Specialty Chemicals, Global Distribution

BASF, a chemical giant, incorporates itaconic acid into dispersants and superabsorbents, serving agriculture and hygiene products. Their worldwide network ensures seamless integration into customer formulations.

With a strong sustainability agenda, BASF explores fermentation scaling for itaconic acid, aiming for broader bio-portfolio diversification.

Sustainability Initiatives:

• End-to-end bio-solutions for clients

• Partnerships with bio-producers

Read Full Report: Global Itaconic Acid Market – View in Detailed Research Report

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🌍 Outlook: The Future of Itaconic Acid Is Greener and More Versatile

The itaconic acid market is evolving rapidly. While fermentation methods dominate, investments in synthesis hybrids and downstream innovations promise expanded uses in bioplastics and beyond. Market dynamics are shaped by regulatory pressures for bio-renewables and technological advances in microbial engineering. Asia leads production, but Europe and North America drive application R&D, fostering global trade.

📈 Key Trends Shaping the Market:

• Rapid expansion in fermentation capacity across Asia and Europe

• Regulatory mandates for bio-based content in polymers by 2030

• Digital tools for supply chain optimization and quality monitoring

• Alliances between producers and end-users for customized solutions

Read Full Report: Global Itaconic Acid Market – View in Detailed Research Report

The companies profiled here are not just producing itaconic acid—they’re catalyzing the transition to a sustainable chemical future, one molecule at a time.