Itaconic Acid Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Itaconic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Itaconic Acid Price Trend for the Second Half of 2023

The itaconic acid price trend mimicked the market behavior of its feedstock material, citric acid, very closely during the second half of 2023. The beginning of H2 was cold as the inventories were high, so the prices were still discounted. However, as the demands remained stable, the market dynamics started to improve steadily and inclined throughout the rest of the third quarter. However, the market situation reversed again in the final quarter. This time, the demands started to decline again, pressurizing the inventories.

Itaconic Acid Price Chart

Itaconic Acid Price Trends and Forecast

Please Login or Subscribe to Access the Itaconic Acid Price Chart Data

The coating and chemical industries were struggling because of a lowered customer interest. The freight interruptions also had a role in disturbing the global trade dynamics. Overall, varying market performance was experienced in H2’23.

Analyst Insight

According to Procurement Resource, the Itaconic Acid price trends are likely to remain at the lower end for some time in the coming months. Since the inventories are overflowing and the demand is regular, the prices will continue to fluctuate.

Itaconic Acid Price Trend for the First Half of 2023

Itaconic Acid is obtained by processing Citric Acid, so it closely follows any fluctuations in citric acid prices along with the market demands from the downstream chemical, agrochemical, adhesive, coating, and other related industries.

As the markets and manufacturing activities started reviving in the Asian region, particularly China, after a long halt because of the COVID-19 restrictions, the market posed fresh demands. Also, the Lunar New Year holidays boosted the market offtakes. With constantly moving inventories, the market performed very positively throughout the said period. Itaconic Acid prices wavered in an upward direction, supported by good demands and high feedstock prices. Overall, positive market sentiments were observed.

Analyst insight

According to Procurement Resource, the price trend for Itaconic Acid are expected to continue fluctuating since the downstream demands continue to remain unsettled.

Procurement Resource provides latest prices of Itaconic Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Sample Dashboard

Please Login or Subscribe to explore our dashboard.


Itaconic acid, also known as methylidene-succinic acid, is an organic acid. This dicarboxylic acid is a white solid that is water, ethanol, and acetone soluble. Itaconic acid was usually made by the distillation of citric acid, but it is now generated by the process of fermentation.

Product Details

Report Features Details
Product Name Itaconic Acid
Industrial Uses Adhesives and sealant chemicals, Agricultural chemicals (non-pesticidal), Intermediates, Paint additives and coating additives, Plasticizers
Chemical Formula C5H6O4
Synonyms Methylidenebutanedioic acid, 2-Methylenesuccinic acid, Methylenesuccinic acid, 1-Propene-2-3-dicarboxylic acid
Molecular Weight 130.099 g·mol−1
Supplier Database Itaconix Corporation, Qingdao Langyatai, Zhejiang Guoguang, Alpha Chemika, Shandong Kaison, Jinan Huaming, Iwata Chemical
Region/Countries Covered Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Production Processes

  • Production of Itaconic Acid from Citric Acid; via Fermentation of Glucose

Citric acid cycle intermediate cis-aconitate, which is created from citric acid, produces itaconic acid. Itaconic acid can be made from sugars like glucose since it is linked to the citric acid cycle.


The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Assistance from Experts

Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.

Client's Satisfaction

Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.

Assured Quality

Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.

Table Of Contents

Our Clients


Get in Touch With Us


Phone:+1 307 363 1045


Phone: +91 1203185500


Phone: +44 7537 132103



Get latest News About Procurement Resource
Subscribe for news

This site uses cookies (including third-party cookies) to record user’s preferences. See our Privacy PolicyFor more.