Global Carboxylic Acid Market - by Product, Application, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)

  • ID: 4556044
  • Report
  • Region: Global
  • 125 pages
  • Oristep Consulting
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FEATURED COMPANIES

  • Alfa Aesar
  • BASF SE
  • Celanese
  • Dow Chemical
  • Eastman Chemical
  • Finetech Industry
  • MORE
A carboxylic acid is an organic compound that contains a carboxyl group. Carboxylic acid is used in food & beverages, cosmetics and pharmaceuticals. Carboxylic acid is also used as an active ingredient in a number of drug formulations.

Demand Scenario

The global carboxylic acid market was 14.17 billion USD in 2017 and is forecasted to reach 18.93 billion USD by 2023 with a CAGR of 4.95%.

Growth by Region

In 2017, Asia - pacific accounted for major share due to increase in lubricants, food & beverages and consumer goods. North America and Europe have slowed growth due to strict regulations imposed by Environmental Protection Agency (EPA).

Drivers Vs. Constraints

The carboxylic acid market is mainly driven by increased consumption of vinyl acetate in F&B and increased demand for cosmetics and personal care. The increasing demand for pharmaceutical products drive the growth of the market. However, the availability of organic and natural substitutes in the animal feed industry will hinder carboxylic acid market. Regulations on the production of petroleum based carboxylic acids will restrain the growth of the market.

Industry Structure and Updates

Eastman Chemical Company to expand carboxylic acid capacity in US, which will help the company meet the growing demand for the product.

German chemical manufacturer Oxea has expanded its production capacity for carboxylic acid to meet the growing demand.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Alfa Aesar
  • BASF SE
  • Celanese
  • Dow Chemical
  • Eastman Chemical
  • Finetech Industry
  • MORE
1. Research Methodology

2. Executive Summary

3. Market Overview
3.1.1. Definition
3.1.2. Industry Value Chain Analysis
3.1.3. Porter's 5 Forces
3.1.4. Regulations

4. Market Dynamics
4.1.1. Introduction
4.1.2. Drivers
4.1.3. Constraints
4.1.4. Trends

5. Global Carboxylic Acid Market Segmentation, Forecasts and Trends - by Product
5.1.1. Acetic
5.1.2. Valeric
5.1.3. Formic
5.1.4. Proponic
5.1.5. Butyric
5.1.6. Citric
5.1.7. Others

6. Global Carboxylic Acid Market Segmentation, Forecasts and Trends - by Application
6.1. Food & Beverages
6.2. Animal Feed
6.3. Personal care & cosmetics
6.4. Lubricants
6.5. Consumer goods
6.6. Others

7. Global Carboxylic Acid Market Segmentation, Forecasts and Trends - by Region
7.1. North America
7.1.1. U.S.
7.1.2. Canada
7.2. Europe
7.2.1. UK
7.2.2. France
7.2.3. Germany
7.2.4. Italy
7.2.5. Others
7.3. Asia-Pacific
7.3.1. India
7.3.2. China
7.3.3. Japan
7.3.4. Australia
7.3.5. Others
7.4. Latin America
7.4.1. Brazil
7.4.2. Argentina
7.4.3. Mexico
7.4.4. Others
7.5. Middle East and Africa
7.5.1. South Africa
7.5.2. UAE
7.5.3. Saudi Arabia
7.5.4. Egypt
7.5.5. Others

8. Company Market Share Analysis

9. Company Profiles
9.1. BASF SE
9.2. Eastman Chemical
9.3. Celanese
9.4. Dow Chemical
9.5. LyondellBasell
9.6. Jiangsu Sopo
9.7. OXEA
9.8. Perstorp Holding
9.9. Alfa Aesar
9.10. Finetech Industry
9.11. Others

10. Industry Structure
10.1. Industry M&As, Consolidations
10.2. Investment Opportunities

11. Global Carboxylic Acid Market - Road Ahead

12. Tables

13. Disclaimer
Note: Product cover images may vary from those shown
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  • BASF SE
  • Eastman Chemical
  • Celanese
  • Dow Chemical
  • LyondellBasell
  • Jiangsu Sopo
  • OXEA
  • Perstorp Holding
  • Alfa Aesar
  • Finetech Industry
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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