Carboxylic Acids Market : Global Snapshot by 2022

OrbisResearch.com Publish New Market Research Report on -“Carboxylic Acids: Applications and Global Markets to 2022”.

The report provides the overview of global market scenarios of carboxylic acids and analyzes global market trends, with market data from 2016, considering 2016 as the base year and estimates for 2017 to 2022 with projections of compound annual growth rate (CAGR) in the forecast period. Value and volume forecasts from 2016 to 2022 are given for the types of carboxylic acids, with its applications and regional markets.

The report covers discussion of technological and economic trends that are affecting the carboxylic acids market. It also explains the major drivers and regional dynamics of the global carboxylic acids market and current trends within the industry.

Request Sample Copy of Research Report @ http://orbisresearch.com/contacts/request-sample/2119675?utm_source=Shreyas

The different types of carboxylic acids considered in the report include acetic acid, valeric acid, formic acid, propionic acid, butyric acid, benzoic acid, stearic acid, citric acid, caproic acid, malic acid and lactic acid. The report provides an understanding of the above-mentioned types of carboxylic acids and the end-user markets or applications of each type of carboxylic acid such as pharmaceuticals, food and beverage, agriculture and animal feed, consumer and other industries. The important processes involved in deriving the different types of carboxylic acids and the major functions provided by carboxylic acids are also covered in detail.

The report concludes with a special focus on the competitive landscape, which includes the key strategies adopted by the manufacturers and detailed profiles of the major manufacturers and with their market shares in the global carboxylic acids market.

Make an Enquiry @ http://orbisresearch.com/contacts/enquiry-before-buying/2119675?utm_source=Shreyas

Summary

There are more than 20 types of acids which make up the total carboxylic acids market. The key 11 types of acids are considered for the study of carboxylic acids market. These acids play many roles in various industries, including food, animal feed, pharmaceuticals and personal care and other consumer industries. The carboxylic acids market has expanded at respectable levels and the production landscape continues to evolve with major changes.

A rapid increase in the usage of carboxylic acids in vast numbers of applications during the past several years is driving the carboxylic acids market in the world. They are widely used in animal feed, food and beverage, and the pharmaceutical industries. Specialty uses include chemical intermediates for drugs and other chemicals, biotechnology research, paints and coatings, rubber, automobiles, cosmetics, etc. By type, the global carboxylic acids market is segmented into these key 11 acids: acetic acid, formic acid, propionic acid, butyric acid, citric acid, stearic acid, valeric acid, caproic acid, benzoic acid, malic acid and lactic acid. In terms of value and volume, acetic acid had the highest share in 2016, accounting for REDACTED% and REDACTED%, respectively. In terms of volume, acetic acid is expected to grow at a CAGR of REDACTED% from 2017to 2022.

Consumption volume of acetic acid was REDACTED% Kilotons in 2016. It was estimated to stand at REDACTED kilotons in 2017 and is forecast to reach REDACTED kilotons by 2022. Acetic acid is the main feedstock to manufacture vinyl acetate monomer. The acetic acid market is mainly driven by the increasing demand of polyvinyl acetates and vinyl alcohols, which are accelerating the demand for aceticacid. The demand from the PTA manufacturing segment is projectedto increase rapidly, which is the strongest growth segment of acetic acid. Further, the increasing textile and packaging industry is also one of the key drivers behind the strong growth of PTA; while budding coatings consumption is pushing the demand of ester solvents at a notable pace.

Acetic acid is followed by citric acid. In terms of value and volume, propionic acid had the second highest share in 2016, accounting for REDACTED% and REDACTED%, respectively. In terms of volume, propionic acid is expected to grow at a CAGR of REDACTED% from 2017 to 2022. Consumption volume of propionic acid was REDACTED kilotons in 2016. It was estimated to stand at REDACTED kilotons in 2017 and is forecast to reach REDACTED kilotons by 2022. It is used widely in the food and beverage industry as an acidifier, as a pH regulator in many technical applications and as a building block in detergents. These two types of carboxylic acids in the world hold more than 80% of the market share by volume. All other carboxylic acids are lower in consumption volumes and values, although Valeric acid market has grown significantly in the recentyears, having a CAGR of REDACTED%, by volume during the forecast period. It is growing strongly and is expected to maintain a strong growth rate through 2022 as the demand increases.

Browse Full Report @ http://orbisresearch.com/reports/index/carboxylic-acids-applications-and-global-markets-to-2022?utm_source=shreyas

By region, the global carboxylic acids market is segmented into North America, Europe, Asia-Pacific, South America and the Middle East and Africa. In terms of value and volume, Asia-Pacific had the highest share in 2016, accounting for REDACTED% and REDACTED%, respectively. The value market in Asia-Pacific stoodat $REDACTED billion in 2016. It is further estimated to record a value of $REDACTED billion in 2017, and is forecast toreach $REDACTED billion by 2022, growing at a CAGR of REDACTED% from 2017 to 2022. In terms of volume, Asia-Pacific is expected to grow at a CAGR of REDACTED% from 2017 to 2022. Consumption volume in Asia-Pacific was REDACTED Kilotons in 2016. It was estimated at REDACTED kilotons in 2017 and is forecast to reach REDACTED kilotons by 2022. The dynamics of each region is different, with many industrial application production platforms having migrated from North America and Europe to Asia-Pacific countries, changing the consumption pattern and product flow in each region.

Report Includes:

- 48 data tables and 48 additional tables
- An overview of the global market for carboxylic acids and their applications
- Analyses of global market trends, with data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Trends to watch and information on key market influencers
- Examination of the competitive landscape, including industry structure and strategy analyses
- Detailed company profiles of major players in the market including Basf, Dow Chemical Company, Celanese Corporation, Eastman Chemical Company, And Thermo Fisher Scientific

Companies Mentioned:
ALLCHEM LABORATORIES
ASHOK ALCO-CHEM LIMITED
BASF
CELANESE CORPORATION
DOW CHEMICAL COMPANY
EASTMAN CHEMICAL COMPANY
EUROCHEM
FEICHENG ACID CHEMICALS
GNFC LTD
JUBILANT LIFE SCIENCES LTD.
KAO CHEMICALS EUROPE. S.L.
KOEI CHEMICAL CO., LTD.
LUMIPROBE CORPORATION
LYONDELLBASELL INDUSTRIES HOLDINGS B.V.
OXEA GMBH
PERRIGO API INDIA PRIVATE LIMITED
PERSTORP HOLDING AB
SAUDI BIO-ACIDS COMPANY
THERMO FISHER SCIENTIFIC
THIRUMALAI CHEMICALS LTD.
VVF L.L.C.
YANCHENG CITY CHUNZUA AROMA CO., LTD.

Table of Content
Chapter 1 Introduction
Chapter 2 Summary and Highlights
Chapter 3 Overview and Market Influencers
Chapter 4 Acetic Acid
Chapter 5 Formic Acid
Chapter 6 Propionic Acid
Chapter 7 Butyric Acid
Chapter 8 Citric Acid
Chapter 9 Stearic Acid
Chapter 10 Valeric Acid
Chapter 11 Caproic Acid
Chapter 12 Benzoic Acid
Chapter 13 Malic Acid
Chapter 14 Lactic Acid
Chapter 15 Competitive Landscape
Chapter 16 Company Profiles
Chapter 17 Appendix: List of Abbreviations

About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.

Contact Information:
Hector Costello
Senior Manager – Client Engagements
4144N Central Expressway,
Suite 600, Dallas,
Texas – 75204, U.S.A.
Phone No.: +1 (214) 884-6817; +9164101019
Email: sales@orbisresearch.com

This release was published on openPR.