Carboxylic Acid Market Qualitative Analysis Reveals Explosive Growth by 2025

Qyresearchreports include new market research report “Global Carboxylic Acid Sales Market Report 2018” to its huge collection of research reports.

A carboxylic acid is an organic compound that contains a carboxyl group (C(=O)OH). The general formula of a carboxylic acid is RCOOH, with R referring to the rest of the (possibly quite large) molecule. Carboxylic acids occur widely and include the amino acids (which make up proteins) and acetic acid (which is part of vinegar and occurs in metabolism).

Increasing demand for cosmetics and personal care products will also catalyze the global carboxylic acid market demand. Extensive usage of stearic, butyric, and valeric acids in the manufacturing of these products will influence the global carboxylic acid market in the forecast period. Rising awareness among the people about cosmetics and beauty products, in addition to increasing disposable income, will propel the market size considerably in the upcoming years. Usage of the acids for esterification to provide the fragrance and for prevention of microbes, tend to have a prevailing effect on the market. More than 80% of these personal care products are for cosmetics, skin care products, fragrances, and hair care products.

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Another important carboxylic acid market share booster is anticipated to be the growing use of organic acid in animal feed industry in order to prevent growth of microbes. Carboxylic acid such as formic acid and propionic acid prevent the growth of salmonella that contaminate the food and causes diseases to animals as well as humans. More than 45% of the global animal feed market is dedicated to poultry and more than a quarter is used for swine. The escalating consumption rate of poultry and swine for their health beneficiary protein content is likely to boost the global carboxylic acid market size as animal feed additive. Regulations regarding banning of antibiotic growth promoters in animal feed, especially for poultry, swine, and cattle, will also have a positive effect on the industry.

The global Carboxylic Acid market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.

The major players covered in this report
BASF
Celanese Corporation
Eastman Chemical Company
Perstorp Holdings
The Dow Chemical Company
Alfa Aesar (Thermo Fisher Scientific)
Ashok Alco chem
Finetech Industry
Jiangsu Sopo Group
LyondellBasell Industries
OXEA
Shenyang Zhangming Chemical

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Acetic
Valeric
Isovaleric
Formic
Propionic
Butyric
Isobutyric
Citric
Caproic
Stearic

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
Food & Beverages
Animal Feed
Pharmaceuticals
Personal Care & Cosmetics
Consumer Goods
Lubricants
Agrochemicals
Textiles
Chemical Intermediates
Rubber

Read Comprehensive Overview of Report @ https://www.qyresearchreports.com/report/global-carboxylic-acid-sales-market-report-2018.htm

Key Stakeholders
Carboxylic Acid Manufacturers
Carboxylic Acid Distributors/Traders/Wholesalers
Carboxylic Acid Subcomponent Manufacturers
Industry Association
Downstream Vendors

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This release was published on openPR.