Tartaric Acid Market -Overview:
Tartaric Acid is a naturally occurring white crystalline organic acid most commonly found in plants like grapes. The salt of Tartaric Acid called potassium bitartrate which is commonly known as cream of tartaris is a natural byproduct of the process of winemaking. When mixed with sodium bicarbonate it becomes baking powder which is used as a leavening agent in majority of food preparations. The chemical reaction produces carbon dioxide gas and lets the mixture “rise,” but it does without having the taste of “yeast” which comes from the usage of active yeast cultures as a source of the carbon dioxide gas. Tartaric acid is also used an antioxidant and has a distinctive sour taste. It was first discovered in 800 AD and its modern process was developed in 1769.
The Global Tartaric Acid Market is expected to show a commendable level of growth by 2024.Owing to these trends it is also tipped to achieve an encouraging percentage of CAGR while driving market volumes to unprecedented level by 2027.
Tartaric Acid and its derivatives have a multitude of uses in the field of pharmaceuticals. They are commonly used in the production of effervescent salts, in combination with citric acid to improve the taste of certain medicines. Another derivative of tartaric acid known as potassium antimonyl is also used in cough syrups as an expectorant. In the field of medical analysis, tartaric acid is used to create solutions for the determination of glucose.
Tartaric Acid is also found to be used for silvering mirrors, tanning leather, and in the making of Rochelle Salt, which is sometimes used as a laxative. Commonly known esters of tartaric acid are diethyl tartarate and dibutyl tartrate. These esters are made by the reaction of tartaric acid with the appropriate alcohol i.e. ethanol or n-butanol. These esters have applications in manufacturing lacquer and in dyeing textiles.
Tartaric Acid also has several applications for industrial use. The acid has been observed to chelate metal ions such as calcium and magnesium. Therefore, the acid has served in the farming and metal industries as a chelating agent for complexing micronutrients in soil fertilizer and for cleaning metal surfaces consisting of aluminium, copper, iron, and alloys of these metals, respectively.
The Tartaric Acids and the common tartrate salts have the property of being colourless, crystalline solids readily soluble in water. It is also a part of the composition of many industrial applications—e.g., in cleaning and polishing metals, in calico printing, in wool dyeing along with certain photographic printing and development processes.Tartaric acid has also found applications such as an acidulant in carbonated drinks, effervescent tablets, gelatin desserts, and fruit jellies.
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Tartaric acid which is widely used in wine applications as a preservative, pH level reducer and tartness improver, saw an increased consumption trend for wine especially in the Asia Pacific and Latin American markets. These markets are expected to remain a key factor driving tartaric acid market growth over the forecasted period. The increased consumption of tartaric acid as an anti-oxidant and taste enhancer in food products is also expected to reflect positively on the market growth in the sector. Due to economic recession in U.S. and debt crisis of Europe, the prices of tartaric acid witnessed a slump during 2009 to 2010. The prices have experienced recovery there after due to high tartaric acid demand from the emerging markets around the world.
Tartaric Acid Market – Key Players
The leading market players in the Global Tartaric Acid Market primarily include Distillerie Bonollo SpA, Tartaros Gonzalo Castello SL, Caviro Distillerie, Richman Chemical, Tarac Technologies, Tartaric Chemical Corp, American Tartaric Products, Caviro, Thirumalai Chemicals, Innovatra and others.
Tartaric Acid Market – Competitive Analysis
With the gradual entry of industry players in the market for Tartaric Acid have given way to a trend of solid, volume-driven growth as new products and treatment procedures are being introduced into the market. With marketers aiming to expand in the market segment as much as possible are competing and experimenting with various advantage points. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies.
Tartaric Acid Market – Segmentation
As per MRFR analysis, the Global Tartaric Acid Market has been segmented into applications and sources.
On the Basis of Application: food & beverages, wines, pharmaceuticals and others.
On the Basis of Sources: grapes, bananas, tamarinds and others.
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