Press release
Increased industrial use of Carboxylic Acid Market To Set At CAGR Of 5.52% Between 2017-2021
About Carboxylic Acid
Carboxylic acids are organic compounds consisting of a carbonyl and hydroxyl groups attached to the carbon. The suffix '-oic acid' is used to name the organic acids derived from carboxylic acids. Ethanoic acid is the most widely used carboxylic acid. It is commonly known as acetic acid (vinegar). Carboxylic acids such as the ones mentioned above cater to a wide range of industries, including paints and coatings, manufacture of polymers, agrochemicals, cosmetics, and synthetic lubricants.
Technavios analysts forecast the global carboxylic acid market to grow at a CAGR of 5.52% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global carboxylic acid market for 2017-2021. To calculate the market size, the report considers the sales of acetic acid, citric acid, propionic acid, stearic acid.
The market is divided into the following segments based on geography:
APAC
Europe
North America
ROW
Technavio's report, Global Carboxylic Acid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
BASF
Celanese Corporation
Eastman Chemical Company
Perstorp Holdings
The Dow Chemical Company
Other prominent vendors
Alfa Aesar (Thermo Fisher Scientific)
Ashok Alco - chem
BASF-YPC
Finetech Industry
Jiangsu Sopo Group
LyondellBasell Industries
OXEA
Shenyang Zhangming Chemical
Market driver
Increased industrial use of carboxylic acids
For a full, detailed list, view our report
Market challenge
Rising environmental and health concerns
For a full, detailed list, view our report
Market trend
Simplified process to convert carboxylic acids into boronic acids
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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