Allen Bond

Global Carboxylic Acid Market by application and region 2021.

Press Release   •   Feb 01, 2017 18:27 IST

Access Full Report @ Global report segments the Carboxylic Acid Market by source and application-IGR

Segments Covered:

Global carboxylic acid market is segmented on the basis of products such as acetic acid, formic acid, valeric acid, isovaleric acid, propionic acid, citric acid, caproic acid, stearic acid, butyric acid, isobutyric acid and others (such as benzoic acid). On the basis of end users the global carboxylic acid market can be segmented as animal feed, food & beverages, consumer goods, personal care & cosmetics, pharmaceuticals, lubricants and others (such as textiles, leather, rubber, agrochemicals).

Global carboxylic acid market is primarily driven by increasing demand in the animal feed (for acids such as butyric, formic and propionic) and food & beverage industries, it is expected to propel the market over the forecast period. Furthermore, rising demand for stearic acid, valeric acid and butyric acid in the cosmetic and personal care industry is likely to drive the global carboxylic acid market. On the other hand, stringent regulatory and legislative actions against the production of petroleum based carboxylic acids are one of the restraints in the global carboxylic acid market. Additionally, easily available substitutes for various applications are likely to restrain carboxylic acid market growth globally.

Asia-Pacific region is dominant consumer of carboxylic acid, rising industries have accelerated demand for the compound and is expected to continue over the forecast period. China is one of the major markets in the region due to growth in food & beverages, textile and consumer goods industries. Furthermore, increase in production capacities of pharmaceutical, plastic and lubricant industries in India, China, Indonesia and South Korea is expected to boost demand for carboxylic acid in coming future. Additionally, the US market is expected to witness high demand for carboxylic acid which is largely used in drug formulations such as antibiotics, anticoagulants, cholesterol lowering satins and anti-inflammatory drugs. Moreover, increase in geriatric population is driving pharmaceuticals segment leading to growth of carboxylic acid market.

Companies Profiled:

  • OWEA
  • BASF SE
  • Celanese Corporation
  • The Dow Chemical Company
  • LyondellBasell Industries N.V.
  • Eastman Chemical Company
  • Finetech Industry Limited
  • Perstorp Holdings AB
  • Jiangsu Sopo Co. Ltd.
  • Hanwha Chemical Corporation and others.

Request for Sample @ Global report segments the Carboxylic Acid Market by source and application-IGR

1. Preface

1.1. Report description

1.2. Research methods

1.3. Research approaches

2. Executive summary

3. Global Carboxylic Acid Market Overview

3.1. Introduction

3.2. Market dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter’s five forces analysis

3.4. Key Investment Market analysis

3.5. Competitive landscape in the carboxylic acid market, 2013 – 2014

4. Global Carboxylic Acid Market Analysis, by product type (USD million) 2014 – 2021

4.1. Acetic Acid

4.2. Formic Acid

4.3. Valeric Acid

4.4. Isovaleric Acid

4.5. Propionic Acid

4.6. Citric Acid

4.7. Caproic Acid

4.8. Stearic Acid

4.9. Butyric Acid

4.10. Isobutyric Acid

4.11. Others (such as benzoic acid)

5. Global Carboxylic Acid Market Analysis, by Applicatiion type (USD million)2014 – 2021

5.1. Animal feed

5.2. Food & beverages

5.3. Consumer goods

5.4. Personal care & cosmetics

5.5. Pharmaceuticals

5.6. Lubricants

5.7. Others (such as textiles, leather, rubber)

6. Global Carboxylic Acid Market Analysis, Regional Analysis (USD million) 2014 – 2021

6.1. North America

6.1.1. North America carboxylic acid market by product type (USD million)

6.1.2. North America carboxylic acid market by end-users type (USD million)

6.2. Europe

6.2.1. Europe carboxylic acid market by product type (USD million)

6.2.2. Europe carboxylic acid market by end-users type (USD million)

6.3. Asia Pacific

6.3.1. Asia Pacific carboxylic acid market by product type (USD million)

6.3.2. Asia Pacific carboxylic acid market by end-users type (USD million)

6.4. Latin America

6.4.1. Latin America carboxylic acid market by product type (USD million)

6.4.2. Latin America carboxylic acid market by end-users type (USD million)

6.5. Rest of the World (RoW)

6.5.1. RoW carboxylic acid market by product type (USD million)

6.5.2. RoW carboxylic acid market by end-users type (USD million)

7. Company profiles

7.1. OWEA

7.2. Hanwha Chemical Corporation

7.3. BASF SE

7.4. Celanese Corporation

7.5. The Dow Chemical Company

7.6. LyondellBasell Industries N.V.

7.7. Eastman Chemical Company

7.8. Finetech Industry Limited

7.9. Perstorp Holdings AB

7.10. Jiangsu Sopo Co. Ltd.


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