Organic Acids Market Ongoing Trends and Recent Developments | Key Players – BASF , Cargill, The Dow Chemical Company , Eastman Chemical Company , Myriant Corporation , Celanese

Organic acids are compounds which possess acidic properties. Carboxyl acids are the most commonly used organic acids, which comprise carboxyl group with long carbon chain. Organic acids produced by replacing one hydroxyl group in sulfuric acid are sulfonic acids such as toluene sulfonic acid and methane sulfonic acid. Carboxyl acids are weak organic acids, whereas sulfonic acids are among the strongest acids. Some of the commonly used organic acids include acetic acid, lactic acid, citric acid, ascorbic acid, and others.

The market for organic acids has considerably grown in the recent years in developing nations such as China, India, Brazil, and others, owing to increase in investments in chemicals, petrochemicals, and oil & gas industries. Moreover, organic acids such as acetic acid and formic acid are extensively deployed in oil & gas well stimulation treatments. These acids owing to their less reactive property with metals inhibit the formation of corrosion layer between acid and pipe. Therefore, they are widely used during perforation, when acid and pipe come in contact for a long time to prevent corrosion. The aforementioned properties of organic acids are expected to drive the growth of the market. The market for renewable organic acids is also driven by the stringent environmental regulations imposed by regulatory bodies of various nations on conventional organic acid manufacturers. Furthermore, increase in production of organic acids from biomass (renewable source) as an alternative to fossil fuel-derived chemicals is another factor that fuels the market growth.

Major Key Players of the Organic Acids Market are:
BASF , Cargill, The Dow Chemical Company , Eastman Chemical Company , Myriant Corporation , Celanese Corporation , Archer Daniels Midland Company , Henan Jindan Lactic Acid Technology Co. Ltd. , Tate & Lyle Plc. , E. I. Du Pont De Nemours and Company

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The organic acids market is segmented based on type, end-user, source, and geography. On basis of type, the market is classified into acetic acid, citric acid, lactic acid, itaconic acid, succinic acid, gluconic acid, ascorbic acid, fumaric acid, and propionic acid. The citric acid segment holds the largest share in 2016, and is expected to grow throughout the forecast years. The pharmaceutical segment is estimated to grow at a significant CAGR of 15% during the analysis period. By source, the market is categorized into biomass, molasses, starch, chemical synthesis, and agro-industrial residue. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific accounted for nearly half of the share of the total revenue in 2016, followed by North America and Europe.

Major Types of Organic Acids covered are:
Acetic Acid
Citric Acid
Formic Acid
Lactic Acid
Itaconic Acid
Succinic Acid
Gluconic Acid
Ascorbic Acid
Fumaric Acid
Propionic Acid

Major Applications of Organic Acids covered are:
Food & Beverage
Animal Feed
Chemicals & Industrial
Pharmaceuticals
Personal Care
Agriculture
Others

Research objectives:-
- To study and analyze the global Organic Acids consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Organic Acids market by identifying its various sub-segments.
- Focuses on the key global Organic Acids manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Organic Acids with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- The scope of this report centers on key market analyses, market drivers & challenges, and competitive analysis & trends. Research report examines each market and its applications, regulatory scenario, technological innovations, Organic Acids market projections, market sizes, and shares. Moreover, the Organic Acids market report examines the most recent trends, pipeline products and developments in the Organic Acids market. Complete profiles of leading organizations in the market are also mentioned in this report.

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Table of Content

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Organic Acids Market Size
2.2 Organic Acids Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Organic Acids Market Size by Manufacturers
3.2 Organic Acids Key Players Head office and Area Served
3.3 Key Players Organic Acids Product/Solution/Service
3.4 Date of Enter into Organic Acids Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Organic Acids Sales by Product
4.2 Global Organic Acids Revenue by Product
4.3 Organic Acids Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Organic Acids Breakdown Data by End User

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In the end, Organic Acids industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.

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Posted by on Thursday August 22 2019, 5:16 AM EST. All trademarks acknowledged. Filed under Chemicals, Chemicals & Materials. Comments and Trackbacks closed. Follow responses: RSS 2.0

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