
The global SMIA market size is predicted to grow from US$ 53.7 million in 2025 to US$ 65.7 million in 2031; it is expected to grow at a CAGR of 3.4% from 2025 to 2031.
(Z)-2-Methoxyimino-2 -(Furyl-2-yl) Acetic Acid Ammonium Salt, or SMIA, is a product derived from furfural through a series of chemical reactions for the synthesis of cefuroxime APIs or preparations.
The market for (Z)-2-Methoxyimino-2-(Furyl-2-yl) Acetic Acid Ammonium Salt is experiencing growth, primarily driven by its use as an intermediate in the agrochemical and pharmaceutical industries. This compound is a key component in the synthesis of various active pharmaceutical ingredients (APIs) and crop protection agents, including fungicides and herbicides. As global agriculture intensifies to meet the rising food demand, the need for efficient and effective agrochemicals has increased, boosting the demand for intermediates like (Z)-2-Methoxyimino-2-(Furyl-2-yl) Acetic Acid Ammonium Salt. Additionally, its application in pharmaceuticals, especially in developing new and more effective drugs, further supports its market expansion as industries prioritize innovation and efficiency.
Geographically, the market sees significant activity in Asia-Pacific, particularly in countries like China and India, which have large agrochemical and pharmaceutical manufacturing bases. These regions are major producers and exporters of chemical intermediates due to the presence of established production facilities and lower operational costs. In North America and Europe, the market growth is influenced by investments in advanced agricultural technologies and pharmaceuticals that require high-quality intermediates for product development. As the regulatory environment in these regions increasingly emphasizes the use of safe and efficient agricultural and pharmaceutical products, the demand for reliable intermediates like (Z)-2-Methoxyimino-2-(Furyl-2-yl) Acetic Acid Ammonium Salt is expected to rise, fostering further growth and innovation in its production.
The “SMIA Industry Forecast” looks at past sales and reviews total world SMIA sales in 2024, providing a comprehensive analysis by region and market sector of projected SMIA sales for 2025 through 2031. With SMIA sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world SMIA industry.
This Insight Report provides a comprehensive analysis of the global SMIA landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on SMIA portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global SMIA market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for SMIA and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global SMIA.
This report presents a comprehensive overview, market shares, and growth opportunities of SMIA market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Purity: 99%-99.7%
Purity: More Than 99.7%
Segmentation by Application:
Cefuroxime Sodium
Cefuroxime Axetil
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Jiangsu Qingquan
Jincheng Pharm
Anhui Jinhe
Siping Fine Chemicals
Key Questions Addressed in this Report
What is the 10-year outlook for the global SMIA market?
What factors are driving SMIA market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do SMIA market opportunities vary by end market size?
How does SMIA break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global SMIA Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for SMIA by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for SMIA by Country/Region, 2020, 2024 & 2031
2.2 SMIA Segment by Type
2.2.1 Purity: 99%-99.7%
2.2.2 Purity: More Than 99.7%
2.3 SMIA Sales by Type
2.3.1 Global SMIA Sales Market Share by Type (2020-2025)
2.3.2 Global SMIA Revenue and Market Share by Type (2020-2025)
2.3.3 Global SMIA Sale Price by Type (2020-2025)
2.4 SMIA Segment by Application
2.4.1 Cefuroxime Sodium
2.4.2 Cefuroxime Axetil
2.4.3 Others
2.5 SMIA Sales by Application
2.5.1 Global SMIA Sale Market Share by Application (2020-2025)
2.5.2 Global SMIA Revenue and Market Share by Application (2020-2025)
2.5.3 Global SMIA Sale Price by Application (2020-2025)
3 Global by Company
3.1 Global SMIA Breakdown Data by Company
3.1.1 Global SMIA Annual Sales by Company (2020-2025)
3.1.2 Global SMIA Sales Market Share by Company (2020-2025)
3.2 Global SMIA Annual Revenue by Company (2020-2025)
3.2.1 Global SMIA Revenue by Company (2020-2025)
3.2.2 Global SMIA Revenue Market Share by Company (2020-2025)
3.3 Global SMIA Sale Price by Company
3.4 Key Manufacturers SMIA Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers SMIA Product Location Distribution
3.4.2 Players SMIA Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for SMIA by Geographic Region
4.1 World Historic SMIA Market Size by Geographic Region (2020-2025)
4.1.1 Global SMIA Annual Sales by Geographic Region (2020-2025)
4.1.2 Global SMIA Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic SMIA Market Size by Country/Region (2020-2025)
4.2.1 Global SMIA Annual Sales by Country/Region (2020-2025)
4.2.2 Global SMIA Annual Revenue by Country/Region (2020-2025)
4.3 Americas SMIA Sales Growth
4.4 APAC SMIA Sales Growth
4.5 Europe SMIA Sales Growth
4.6 Middle East & Africa SMIA Sales Growth
5 Americas
5.1 Americas SMIA Sales by Country
5.1.1 Americas SMIA Sales by Country (2020-2025)
5.1.2 Americas SMIA Revenue by Country (2020-2025)
5.2 Americas SMIA Sales by Type (2020-2025)
5.3 Americas SMIA Sales by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC SMIA Sales by Region
6.1.1 APAC SMIA Sales by Region (2020-2025)
6.1.2 APAC SMIA Revenue by Region (2020-2025)
6.2 APAC SMIA Sales by Type (2020-2025)
6.3 APAC SMIA Sales by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe SMIA by Country
7.1.1 Europe SMIA Sales by Country (2020-2025)
7.1.2 Europe SMIA Revenue by Country (2020-2025)
7.2 Europe SMIA Sales by Type (2020-2025)
7.3 Europe SMIA Sales by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa SMIA by Country
8.1.1 Middle East & Africa SMIA Sales by Country (2020-2025)
8.1.2 Middle East & Africa SMIA Revenue by Country (2020-2025)
8.2 Middle East & Africa SMIA Sales by Type (2020-2025)
8.3 Middle East & Africa SMIA Sales by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of SMIA
10.3 Manufacturing Process Analysis of SMIA
10.4 Industry Chain Structure of SMIA
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 SMIA Distributors
11.3 SMIA Customer
12 World Forecast Review for SMIA by Geographic Region
12.1 Global SMIA Market Size Forecast by Region
12.1.1 Global SMIA Forecast by Region (2026-2031)
12.1.2 Global SMIA Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global SMIA Forecast by Type (2026-2031)
12.7 Global SMIA Forecast by Application (2026-2031)
13 Key Players Analysis
13.1 Jiangsu Qingquan
13.1.1 Jiangsu Qingquan Company Information
13.1.2 Jiangsu Qingquan SMIA Product Portfolios and Specifications
13.1.3 Jiangsu Qingquan SMIA Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 Jiangsu Qingquan Main Business Overview
13.1.5 Jiangsu Qingquan Latest Developments
13.2 Jincheng Pharm
13.2.1 Jincheng Pharm Company Information
13.2.2 Jincheng Pharm SMIA Product Portfolios and Specifications
13.2.3 Jincheng Pharm SMIA Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Jincheng Pharm Main Business Overview
13.2.5 Jincheng Pharm Latest Developments
13.3 Anhui Jinhe
13.3.1 Anhui Jinhe Company Information
13.3.2 Anhui Jinhe SMIA Product Portfolios and Specifications
13.3.3 Anhui Jinhe SMIA Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Anhui Jinhe Main Business Overview
13.3.5 Anhui Jinhe Latest Developments
13.4 Siping Fine Chemicals
13.4.1 Siping Fine Chemicals Company Information
13.4.2 Siping Fine Chemicals SMIA Product Portfolios and Specifications
13.4.3 Siping Fine Chemicals SMIA Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Siping Fine Chemicals Main Business Overview
13.4.5 Siping Fine Chemicals Latest Developments
14 Research Findings and Conclusion
*If Applicable.
