Food Acetylated Starch Sales

Food Acetylated Starch Sales Market Outlook

The global Food Acetylated Starch market is projected to reach a valuation of approximately USD 2.4 billion by 2033, growing at a compound annual growth rate (CAGR) of around 5.5% from 2025 to 2033. This growth is driven by the increasing demand for clean-label products and natural food additives, along with a surge in the application of acetylated starch in various industries such as food and beverages, pharmaceuticals, and textiles. The shift towards healthier food options is also propelling market expansion, as consumers are becoming more conscious of the ingredients in their food. Additionally, the rising trend of convenience foods, which often utilize acetylated starch as a thickening and stabilizing agent, is further fueling market growth. The versatility of acetylated starch in various culinary applications and its invaluable properties in enhancing food texture and shelf life make it an increasingly sought-after ingredient in the food industry.

Growth Factor of the Market

The growth of the Food Acetylated Starch market is strongly influenced by several key factors. Firstly, the increasing global population and rising disposable incomes are leading to higher consumption of processed and convenience foods, which commonly use acetylated starch for texture and stability. Secondly, the food industry is seeing a shift towards natural and organic products, with acetylated starch being derived from natural sources, making it a preferred choice among manufacturers. Additionally, advancements in technology and production processes have improved the quality and functionality of acetylated starch, making it more appealing to food formulators. Furthermore, regulations favoring the use of safe and non-toxic food additives play a significant role in the market's expansion, as manufacturers look for compliant options. Lastly, the growing pharmaceutical and textile industries are also contributing to the increased demand for food acetylated starch, highlighting its multifunctional capabilities.

Key Highlights of the Market

• The global Food Acetylated Starch market is expected to grow at a CAGR of 5.5% from 2025 to 2033.
• Native starch is anticipated to hold the largest market share due to its extensive use in food applications.
• The food and beverages segment is the leading application area, significantly driving market demand.
• Direct sales distribution channels are projected to witness robust growth owing to the increasing number of manufacturers.
• Asia Pacific is likely to emerge as a lucrative region for market growth, attributed to rising population and food consumption rates.

By Product Type

Native Starch:

Native starches are the unmodified carbohydrate polymers derived from various plant sources, primarily used in the food industry for their thickening and stabilizing properties. Traditionally, native starch is extracted from crops such as corn, potatoes, and tapioca, and it retains all its natural characteristics and functionalities. The increasing demand for natural food ingredients is driving the growth of native starches, particularly in the clean-label product movement. Native starches can be employed effectively in sauces, dressings, and desserts, providing desirable texture and mouthfeel. Their versatility also extends to non-food industries, though the primary application remains in food formulations where health consciousness plays a significant role in consumer choices.

Modified Starch:

Modified starches are chemically or physically altered versions of native starch, designed to enhance their functional properties, such as increased solubility, improved gel formation, and greater thermal stability. These modifications allow modified starches to perform better under extreme conditions such as high temperatures or low pH levels, making them particularly useful in processed food applications. They are commonly used in products like instant sauces, gravies, and ready-to-eat meals, where stability and texture are crucial. The trend towards convenience foods, which often require modified starches for shelf stability, supports the market's growth in this segment. As consumers seek more ready-to-eat options, the demand for modified starches continues to rise.

Acetylated Starch:

Acetylated starch is produced by the acetylation of native starch, which enhances its properties such as solubility, clarity, and resistance to retrogradation. This type of starch is particularly valued in the food industry for its ability to improve texture and provide a smooth mouthfeel in various food products. Acetylated starch is commonly used in sauces, dressings, and baked goods, where it functions as a thickener and stabilizer. The growing demand for functional food ingredients that enhance product quality and meet consumer preferences is bolstering the growth of the acetylated starch market segment. Additionally, the increasing inclination towards dietary innovations and the introduction of new food products are likely to further drive the use of acetylated starch in food formulations.

Hydroxypropylated Starch:

Hydroxypropylated starch is another modified starch that is created by introducing hydroxypropyl groups into the starch molecule. This modification increases the solubility and thermal stability of the starch, making it an ideal ingredient for a range of food applications. It is widely used in instant foods, sauces, and bakery products, as it provides excellent thickening and gelling properties while remaining clear and stable under heat. The ability of hydroxypropylated starch to withstand freezing and thawing processes also makes it a valuable choice for frozen food products. The growing trend of convenience and ready-to-eat meals supports the increasing adoption of hydroxypropylated starch in the food industry, ensuring its continued relevance.

Crosslinked Starch:

Crosslinked starch is developed by chemically linking starch molecules to form a network, which enhances its stability and resistance to heat, acid, and shear forces. This type of starch is particularly useful in applications where high processing temperatures and varying pH levels are encountered. Crosslinked starch is often utilized in products such as canned foods, sauces, and gravies, where it helps maintain the desired consistency and texture over time. The demand for crosslinked starch is growing as the food industry seeks to improve product stability and shelf life, especially in processed goods. As consumers increasingly opt for long-lasting and convenient food options, the market for crosslinked starch is anticipated to expand significantly.

By Application

Food & Beverages:

The food and beverages segment represents the largest application area for acetylated starch, driven by the increasing demand for processed and convenient food options. This segment includes a diverse range of products, such as sauces, dressings, soups, and desserts, where acetylated starch is used as a thickening and stabilizing agent. The shift towards healthier eating habits has also led to a rise in the use of acetylated starch in clean-label products, as consumers are increasingly conscious of the ingredients in their food. Additionally, the versatility of acetylated starch allows it to be incorporated into various food matrices, enhancing the texture and overall quality of food products. As the food and beverage industry continues to innovate and adapt to consumer preferences, the demand for acetylated starch is expected to grow significantly.

Pharmaceutical:

The pharmaceutical application of acetylated starch is gaining traction due to its role as a binder, disintegrant, and coating agent in drug formulations. Acetylated starch improves the stability and bioavailability of active pharmaceutical ingredients, making it an essential component in the production of tablets, capsules, and other dosage forms. The increasing prevalence of chronic diseases and the growing aging population are driving the demand for pharmaceutical products, which in turn boosts the need for effective excipients like acetylated starch. Furthermore, as the pharmaceutical industry continues to focus on developing novel drug delivery systems, the versatility of acetylated starch as an excipient is expected to support its growth in this segment.

Paper Industry:

In the paper industry, acetylated starch is utilized as a sizing agent to enhance the strength and printability of paper products. Its application in this sector is driven by the increasing demand for high-quality paper and packaging materials. Acetylated starch improves the surface properties of paper, making it more receptive to printing inks and coatings. As the global demand for sustainable and eco-friendly packaging solutions rises, the paper industry's adoption of natural additives like acetylated starch is anticipated to grow. Moreover, the need for improved moisture resistance and durability in paper products further accelerates the use of acetylated starch in various paper applications.

Textile Industry:

The textile industry increasingly employs acetylated starch as a finishing agent, where it provides stiffness and enhances the texture of fabrics. It is particularly valuable in the production of cotton and blended textiles, where its application helps improve the drapability and overall feel of the material. The rising trend towards sustainable and eco-friendly textiles is also supporting the use of natural ingredients such as acetylated starch. As consumers demand higher-quality textiles with improved performance characteristics, the textile industry's reliance on acetylated starch is expected to continue growing, reflecting the broader shift towards sustainable manufacturing practices.

Others:

The "Others" category includes applications in various sectors such as cosmetics, adhesives, and personal care products. Acetylated starch serves as a thickening agent and stabilizer in cosmetic formulations, contributing to the texture and performance of creams, lotions, and other products. In adhesives, it enhances the bonding properties and overall effectiveness of the formulation. As innovation drives the development of new applications in diverse industries, the demand for acetylated starch is likely to expand, fostering market growth across these additional sectors.

By Distribution Channel

Direct Sales:

Direct sales involve the manufacturers selling acetylated starch products directly to end-users or retailers, allowing for a more personalized customer experience and efficient supply chain management. This distribution channel is gaining traction due to the rising number of manufacturers in the market who prefer to build direct relationships with their customers. Direct sales enable companies to provide tailored solutions and gather immediate feedback from their clients, which can enhance product development and customer satisfaction. As the demand for custom formulations and specialized applications in the food and beverage industry increases, the direct sales channel is expected to witness substantial growth, reinforcing its significance in the overall market.

Indirect Sales:

Indirect sales refer to the distribution of acetylated starch through intermediaries such as wholesalers, distributors, and retailers. This channel is essential for reaching a broader audience and ensuring product availability across various geographic locations. Indirect sales enable manufacturers to leverage the existing networks of distributors, which can expedite market entry and reduce operational costs. As the global demand for acetylated starch continues to rise, the indirect sales channel will play a critical role in expanding market reach and catering to the needs of diverse customer segments. The convenience of purchasing through established retail channels further supports the growth of indirect sales in the acetylated starch market.

By Ingredient Type

Corn:

Corn is one of the primary sources of acetylated starch, and its utilization in food applications is widespread due to its high purity and functional properties. Corn-based acetylated starch is favored for its excellent thickening abilities and stability under varying conditions. This ingredient type is commonly found in sauces, dressings, and other processed foods, making it a staple in the food industry. The increasing demand for corn-derived products, coupled with the growing trend of using natural ingredients in food formulations, supports the expansion of the corn segment in the acetylated starch market. Furthermore, corn's accessibility and affordability as a raw material contribute to its continued dominance in the ingredient type category.

Potato:

Potato is another significant source of acetylated starch, known for its unique gelling and thickening properties. Potato-based acetylated starch is particularly prized in food applications that require a smooth and creamy texture, such as soups, sauces, and desserts. The growing preference for potato-derived products stems from their natural appeal and the increasing demand for gluten-free and non-GMO ingredients. As more consumers seek healthier and cleaner food options, potato acetylated starch is expected to gain traction in the market. Additionally, the rising trend of innovation in food formulations to enhance taste and quality further supports the growth of the potato ingredient type in acetylated starch applications.

Wheat:

Wheat-derived acetylated starch is gaining popularity due to its favorable functional properties and versatility in food formulations. It is commonly used in baked goods, sauces, and processed foods, where it acts as a thickening and binding agent. The unique characteristics of wheat starch, such as its ability to provide a pleasant texture and improve the mouthfeel of products, make it an attractive option for food manufacturers. Furthermore, as the demand for gluten-free products continues to rise, the wheat segment is evolving to cater to this trend, offering modified versions that meet consumer preferences. The growth of the wheat ingredient type in the acetylated starch market reflects the ongoing innovation and adaptation of food formulations.

Rice:

Rice is increasingly recognized as a valuable source of acetylated starch, particularly in the context of the growing gluten-free market. Rice-based acetylated starch is favored for its hypoallergenic properties and clean flavor profile, making it ideal for a range of food applications, including sauces, snacks, and ready-to-eat meals. The rising number of health-conscious consumers seeking gluten-free alternatives drives the demand for rice-derived products, contributing to the rice segment's growth in the acetylated starch market. Additionally, the versatility of rice starch in various culinary applications enhances its appeal to food manufacturers looking for clean-label ingredients.

Cassava:

Cassava, a root vegetable, is also gaining traction as an ingredient source for acetylated starch due to its unique functional properties. Cassava-based starches offer excellent thickening and gelling capabilities, making them suitable for a wide range of food applications, including sauces, soups, and desserts. The increasing global focus on sustainable and plant-based ingredients has led to a rise in the use of cassava starch in food formulations. Furthermore, as the cassava segment aligns with the demand for natural and gluten-free products, its market presence is expected to expand significantly, bolstering the overall growth of the acetylated starch market.

By Region

The North American region is experiencing robust growth in the Food Acetylated Starch market, driven by the increasing consumption of processed and convenience foods. The United States is the dominant player in this market, accounting for a substantial share due to its well-established food processing industry and rising health-conscious consumer preferences. The growing trend towards clean-label products and natural ingredients further supports the demand for acetylated starch in North America, with an anticipated CAGR of 5.2% between 2025 and 2033. Additionally, the presence of key manufacturers and research institutions in the region fosters innovation and development, contributing to the overall market expansion.

In Europe, the Food Acetylated Starch market is also witnessing significant growth, primarily driven by the increasing demand for gluten-free and natural food products. The European market is characterized by a diverse consumer base that is becoming more health-conscious, leading to a shift towards products with clean-label ingredients. Countries like Germany, France, and the United Kingdom are at the forefront of this trend, with a growing emphasis on sustainable sourcing and eco-friendly manufacturing processes. The European market is expected to grow at a CAGR of 5.5%, further bolstering the overall global market for acetylated starch.

Opportunities

The Food Acetylated Starch market presents numerous opportunities for growth, particularly in the context of rising health consciousness and demand for clean-label products. As consumers become increasingly aware of the benefits of natural ingredients, food manufacturers are under pressure to reformulate their products to meet these preferences. This shift provides an opportunity for the acetylated starch market to expand, as it aligns with the needs of food processors looking to improve product quality while maintaining consumer trust. Additionally, the growth of the gluten-free market represents a significant opportunity for manufacturers of acetylated starch derived from gluten-free sources such as corn, rice, and cassava. As brands seek to cater to the dietary preferences of an expanding customer base, the demand for gluten-free acetylated starch is expected to rise, opening new avenues for innovation and product development.

Another promising opportunity lies in the expansion of the pharmaceutical and textile applications for acetylated starch. With a growing emphasis on sustainable and eco-friendly manufacturing processes, the use of natural additives like acetylated starch in pharmaceuticals and textiles becomes increasingly attractive. As the global population ages and the demand for pharmaceutical products rises, acetylated starch can offer functional benefits that enhance drug formulations and delivery systems. Likewise, in the textile industry, the need for high-performance and environmentally friendly textiles can drive the adoption of acetylated starch as a finishing agent. This diversification of applications not only broadens the market scope for acetylated starch but also fortifies its relevance across various sectors.

Threats

Despite the promising growth prospects for the Food Acetylated Starch market, several threats could impact its trajectory. One significant challenge is the volatility of raw material prices, which can adversely affect production costs and profit margins for manufacturers. Fluctuations in the prices of agricultural commodities, such as corn, potato, and cassava, can create instability in the supply chain, ultimately leading to increased costs for consumers. Furthermore, adverse weather conditions, pest infestations, and changing agricultural policies can disrupt the availability of raw materials. Such unpredictability can hinder the growth of the acetylated starch market and may compel manufacturers to seek alternative sourcing strategies or explore the development of synthetic or alternative ingredients.

Another potential threat is the increasing regulatory scrutiny surrounding food additives and ingredients. As health and safety concerns continue to rise, regulatory bodies are placing greater emphasis on the safety and efficacy of food additives, including acetylated starch. This heightened scrutiny may lead to stricter regulations and testing requirements, which could pose challenges for manufacturers in terms of compliance and product development timelines. Additionally, the potential for negative consumer perceptions regarding food additives, even those derived from natural sources, can impact market demand. To mitigate these threats, it is crucial for manufacturers to remain proactive in adhering to regulations and addressing consumer concerns through transparency and education.

Competitor Outlook

• ADM (Archer Daniels Midland Company)
• Ingredion Incorporated
• Roquette Frères
• Wacker Chemie AG
• AVEBE
• Cargill, Incorporated
• tate & Lyle PLC
• Thermo Fisher Scientific
• Wilmington Chemical Company
• Sunshine International
• Haitian Starch Industry Co., Ltd.
• Groupe Limagrain
• Südzucker AG
• Carolina Starch Products
• Hubei Yihua Chemical Industry Co., Ltd.

The competitive landscape of the Food Acetylated Starch market is characterized by a diverse range of players, including global giants and regional manufacturers. The market is primarily dominated by key industry players such as ADM, Ingredion, and Cargill, which have established their presence through extensive distribution networks and a broad portfolio of products. These leading companies are continuously investing in research and development to enhance their product offerings and maintain a competitive edge. Moreover, strategic partnerships and collaborations among these firms are becoming increasingly common as they seek to leverage each other's strengths and tap into new markets. The focus on innovation and the creation of specialized products tailored to meet consumer preferences are also significant factors driving competition in this space.

ADM (Archer Daniels Midland Company) is one of the leading players in the Food Acetylated Starch market, known for its extensive range of starch and starch derivatives. The company emphasizes sustainable sourcing and operational efficiency, which enhances its market position. With a strong portfolio that includes native, modified, and specialty starches, ADM is well-equipped to cater to the diverse needs of food manufacturers. The company's continuous investments in technology and innovation further reinforce its leadership in the sector, enabling it to respond effectively to evolving consumer demands.

Ingredion Incorporated is another major competitor, recognized for its focus on innovation and product development in the starch market. With a commitment to providing high-quality ingredients and customized solutions, Ingredion has established itself as a trusted partner for food manufacturers. The company’s strategic investments in research and development enable it to create value-added products, such as acetylated starch, that meet the specific requirements of various applications. Additionally, Ingredion's global reach and extensive distribution capabilities position it favorably to serve a growing customer base across multiple regions.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 AVEBE
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 tate & Lyle PLC
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Groupe Limagrain
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Wacker Chemie AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Südzucker AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Cargill, Incorporated
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Ingredion Incorporated
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Roquette Frères
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Sunshine International
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Carolina Starch Products
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Thermo Fisher Scientific
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Wilmington Chemical Company
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Haitian Starch Industry Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 ADM (Archer Daniels Midland Company)
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Hubei Yihua Chemical Industry Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Food Acetylated Starch Sales Market, By Application
    • 6.1.1 Food & Beverages
    • 6.1.2 Pharmaceutical
    • 6.1.3 Paper Industry
    • 6.1.4 Textile Industry
    • 6.1.5 Others
  • 6.2 Food Acetylated Starch Sales Market, By Product Type
    • 6.2.1 Native Starch
    • 6.2.2 Modified Starch
    • 6.2.3 Acetylated Starch
    • 6.2.4 Hydroxypropylated Starch
    • 6.2.5 Crosslinked Starch
  • 6.3 Food Acetylated Starch Sales Market, By Ingredient Type
    • 6.3.1 Corn
    • 6.3.2 Potato
    • 6.3.3 Wheat
    • 6.3.4 Rice
    • 6.3.5 Cassava
  • 6.4 Food Acetylated Starch Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Food Acetylated Starch Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Food Acetylated Starch Sales market is categorized based on

By Product Type

• Native Starch
• Modified Starch
• Acetylated Starch
• Hydroxypropylated Starch
• Crosslinked Starch

By Application

• Food & Beverages
• Pharmaceutical
• Paper Industry
• Textile Industry
• Others

By Distribution Channel

• Direct Sales
• Indirect Sales

By Ingredient Type

• Corn
• Potato
• Wheat
• Rice
• Cassava

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• ADM (Archer Daniels Midland Company)
• Ingredion Incorporated
• Roquette Frères
• Wacker Chemie AG
• AVEBE
• Cargill, Incorporated
• tate & Lyle PLC
• Thermo Fisher Scientific
• Wilmington Chemical Company
• Sunshine International
• Haitian Starch Industry Co., Ltd.
• Groupe Limagrain
• Südzucker AG
• Carolina Starch Products
• Hubei Yihua Chemical Industry Co., Ltd.