Organic Acids Market Will Reach USD 20,232.6 Million by 2022: Meticulous Research®
The organic acids market is mainly driven by the growing use of organic acids in the wide range of applications, increasing focus on producing bio-based organic acids, growing use of dietary microencapsulated organic acids, and increasing demand from developing economies.
Pune, India – June 27, 2019 /MarketersMedia/ —
Organic acids market has shown strong growth pattern in recent year’s majorly due to growing use of organic acids in wide range of applications, increasing focus on producing organic acid from bio based sources, growing use of dietary microencapsulated organic acids, and increasing demand in developing economies. In addition, production of organic acids from renewable sources further provides significant opportunities for the various stakeholders in this market.
Meticulous Research® in its latest publication on organic acids market states that the global organic acids market will increase at a CAGR of 7.1% from 2017 to 2022 to reach USD 20,232.6 million by 2022. Wherein, geographically, Asia Pacific commanded the largest share in this market followed by North America. The major share of Asia Pacific is mainly attributed to the extensive customer base in these regions due to growing economy, rapid industrialization, rural migration & urbanization, and increasing number of food & feed manufacturers.
The report provides meticulous analysis of global organic acids market by segmenting it on the basis of type (acetic acid, citric acid, propionic acid, formic acid, lactic acid, ascorbic acid, fumaric acid, malic acid, others), application (industrial & chemicals, food & beverages, animal feed & nutrition, pharmaceuticals, cosmetics & personal care, and agriculture). Wherein, among types, acetic acid segment commanded the largest share in this market majorly due to its large production across the globe and wide range of applications especially, its use in making of a number of polymers and resins for adhesives, coatings, paints, films, textiles, and other end-products.
The key players analyzed in the global organic acids market are Archer Daniels Midland Company, Cargill, Incorporated, E. I. du Pont de Nemours and Company, Tate & Lyle PLC, Myriant Corporation, Eastman Chemical Company, Henan Jindan Lactic Acid Technology Co., Ltd, Polynt- Reichhold, BASF SE, The Dow Chemical Company, Celanese Corporation, Koninklijke DSM N.V., Corbion N.V., and BioAmber Inc.
Browse in-depth Report on: https://www.meticulousresearch.com/product/organic-acids-market-2022/
Key Topics Covered in This Report:
1. Introduction
1.1. Market Ecosystem
1.2. Currency and Limitations
1.2.1. Currency
1.2.2. Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
4. Market Insights
4.1. Introduction
4.2. Drivers
4.2.1. Growing Use of Organic Acids in Wide Range of Applications
4.2.2. Increasing Focus on Producing Organic Acid from Bio-based Sources
4.2.3. Increasing Use of Dietary Microencapsulated Organic Acids
4.2.4. Other Drivers
4.3. Restraints
4.3.1. Fluctuating Raw Material Prices and Availability
4.3.2. High Cost of Organic Acids
4.3.3. Other Restraints
4.4. Opportunities
4.4.1. Increasing Production of Organic Acids from Renewable Sources
4.5. Market Share Analysis, By Key Players
5. Global Organic Acids Market, By Type
5.1. Introduction
5.2. Acetic Acid
5.3. Citric Acid
5.4. Propionic Acid
5.5. Formic Acid
5.6. Lactic Acid
5.7. Ascorbic Acid
5.8. Benzoic Acid
5.9. Fumaric and Malic Acid
5.10. Others
6. Global Organic Acids Market, By Application
6.1. Introduction
6.2. Industrial and Chemical
6.3. Food and Beverages
6.4. Animal Feed and Nutrition
6.5. Pharmaceuticals
6.6. Cosmetics and Personal Care
6.7. Agriculture
7. Organic Acids Market, By Geography
7.1. Introduction
7.2. North America
7.2.1. U.S.
7.2.2. Canada
7.2.3. Mexico
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. U.K.
7.3.4. Italy
7.3.5. Spain
7.3.6. RoE
7.4. Asia Pacific
7.4.1. China
7.4.2. India
7.4.3. Japan
7.4.4. RoAPAC
7.5. RoW
7.5.1. Latin America
7.5.1.1. Brazil
7.5.1.2. Argentina
7.5.1.3. Chile
7.5.1.4. Rest of Latin America
7.5.2. Middle East and Africa
8. Competitive Landscape
8.1. Introduction
8.2. New Product Launches
8.3. Agreement, Collaborations, and Partnerships
8.4. Mergers and Acquisitions
8.5. Expansion
9. Company Profiles (Includes Business Overview, Financial Overview, Product Portfolio, and Strategic Developments)
9.1. Archer Daniels Midland Company
9.2. Cargill, Incorporated
9.3. E. I. Du Pont De Nemours and Company
9.4. Tate & Lyle Plc
9.5. Myriant Corporation
9.6. Eastman Chemical Company
9.7. Henan Jindan Lactic Acid Technology Co., Ltd
9.8. Polynt- Reichhold
9.9. BASF SE
9.10. The Dow Chemical Company
9.11. Celanese Corporation
9.12. Koninklijke DSM N.V.
9.13. Corbion N.V.
9.14. BioAmber Inc
10. Appendix
10.1. Questionnaire
10.2 Available Customizations
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Website: https://www.meticulousresearch.com/product/organic-acids-market-2022/
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