1. Market Research
  2. > Materials
  3. > Chemicals Market Trends
Carboxylic Acids: Applications and Global Markets to 2022

Carboxylic Acids: Applications and Global Markets to 2022

  • April 2018
  • 223 pages
  • ID: 5377111
  • Format: PDF
  • By BCC Research

Summary

Table of Contents

Report Scope:
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.

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.

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

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.

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.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Glycerin Market - Segmented by Grade, Source, Application, and Geography - Growth, Trends, and Forecast (2019 - 2024)

Glycerin Market - Segmented by Grade, Source, Application, and Geography - Growth, Trends, and Forecast (2019 - 2024)

  • $ 4250
  • August 2019

Market OverviewThe Market for glycerin is expected to grow at a CAGR of 4.35% during the forecast period of 2019- 2024. One of the key factors driving market growth is the strong demand from the pharmaceutical ...

Cosmetic Pigments Market by Composition, Type, Application And Region - Global Forecast to 2024

Cosmetic Pigments Market by Composition, Type, Application And Region - Global Forecast to 2024

  • $ 5650
  • August 2019

The cosmetic pigments market is projected to register a CAGR of 7.9%, in terms of value, between 2019 and 2024.The cosmetic pigment market in 2019 was worth USD 698 million in 2019 and is expected to reach ...

1,3-Propanediol Market by Application, and Region ) - Global Forecast to 2024

1,3-Propanediol Market by Application, and Region ) - Global Forecast to 2024

  • $ 5650
  • August 2019

Growing demand for polytrimethylene terephthalate is expected to drive the 1,3-propanediol market.The 1,3-propanediol market size is estimated to grow from USD 490 million in 2019 to USD 870 million by ...

Perfume Markets in China $ 4000 September 2019

Global Titanium Dioxide Industry $ 5450 October 2019

Global Tartaric Acid Industry $ 5450 October 2019


Download Unlimited Documents from Trusted Public Sources

Biofuel Market in Japan

  • November 2019
    23 pages
  • Biofuel  

    Bioethanol  

    Biodiesel  

  • Japan  

    Asia  

    United States  

View report >

Phosphorus Industry in Italy - Forecast

  • November 2019
    10 pages
  • Phosphorus  

    Non-Organic Che...  

    Rock Phosphate  

  • Italy  

    Europe  

View report >

Vitamin Market in the US

  • October 2019
    5 pages
  • Antiseptics  

    Vitamin  

    Ethanol  

  • United States  

View report >

ref:plp2018

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on