The global SMIA market size is expected to reach $ 70.38 million by 2032, rising at a market growth of 3.2% CAGR during the forecast period (2026-2032).
(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.
This report studies the global SMIA production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for SMIA and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of SMIA that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global SMIA total production and demand, 2021-2032, (MT)
Global SMIA total production value, 2021-2032, (USD Million)
Global SMIA production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (MT), (based on production site)
Global SMIA consumption by region & country, CAGR, 2021-2032 & (MT)
U.S. VS China: SMIA domestic production, consumption, key domestic manufacturers and share
Global SMIA production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (MT)
Global SMIA production by Type, production, value, CAGR, 2021-2032, (USD Million) & (MT)
Global SMIA production by Application, production, value, CAGR, 2021-2032, (USD Million) & (MT)
This report profiles key players in the global SMIA market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Jiangsu Qingquan, Jincheng Pharm, Anhui Jinhe, Siping Fine Chemicals, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World SMIA market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MT) and average price (US$/Kg) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global SMIA Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global SMIA Market, Segmentation by Type:
Purity: 99%-99.7%
Purity: More Than 99.7%
Global SMIA Market, Segmentation by Application:
Cefuroxime Sodium
Cefuroxime Axetil
Others
Companies Profiled:
Jiangsu Qingquan
Jincheng Pharm
Anhui Jinhe
Siping Fine Chemicals
Key Questions Answered:
1. How big is the global SMIA market?
2. What is the demand of the global SMIA market?
3. What is the year over year growth of the global SMIA market?
4. What is the production and production value of the global SMIA market?
5. Who are the key producers in the global SMIA market?
6. What are the growth factors driving the market demand?
Summary:
Get latest Market Research Reports on SMIA. Industry analysis & Market Report on SMIA is a syndicated market report, published as Global SMIA Supply, Demand and Key Producers, 2026-2032. It is complete Research Study and Industry Analysis of SMIA market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.