Global Malonic Acid Market size is expected to reach USD 127.1 million in 2024 and is anticipated to value USD 169.0 million by 2033 at a CAGR of 3.2%.
Malonic acid is an organic dicarboxylic acid with the chemical formula C3H4O4. It appears as a white crystalline solid, easily soluble in water & polar organic solvents. The compound is utilized in several applications in numerous chemical processes, behaving as a fundamental raw material or building block for the production of agrochemicals, pharmaceuticals, & specialty chemicals.