Carboxylic Acid Market to Observe Prominent CAGR of 5.2% by 2029, Size, Share, Trends, Demand, Growth, Challenges and Competitive Outlook

Global carboxylic acid market was valued at USD 9879.85 million in 2021 and is expected to reach USD 14820.96 million by 2029, registering a CAGR of 5.2% during the forecast period of 2022-2029.

Market Definition:

Carboxylic acid is a polar chemical molecule of the carboxyl functional group that deprotonates to create carboxylate anion. Because of the strong hydrogen bonding, these compounds have a higher boiling point than water. Carboxylic acid groups are more acidic than other organic molecules containing hydroxyl groups, but less acidic than mineral acids like sulfuric acid and hydrochloric acid.

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The major players covered in the report are Alcoa Corporation (U.S.), Thirumalai Chemicals Ltd. (India), Rio Tinto (Australia), RUSAL (Russia), Norsk Hydro A.S.A. (Norway), Emirates Global Aluminium PJSC (U.A.E), Aluminum Bahrain B.S.C. (Bahrain), Century Aluminum Company (U.S.),Vedanta Ltd. (India),China Aluminum Corporation (China), Merck KGaA (Germany), REDOX INDUSTRIES LIMITED (India), China Hongqiao (China), H.P. (Australia), East Hope Group (China), ACURO ORGANICS LIMITED (India) and Emirates Global Aluminum (U.A.E)

Competitive Landscape and Carboxylic Acid Market Share Analysis:

The carboxylic acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to carboxylic acid market.

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