Primarily, carboxylic acid is a key ingredient for many processes and testing methods in the food and beverages business. Moreover, the utilization of carboxylic acid for the manufacture of dyes, shampoos, and different beauty products within the cosmetics industry has also led to a raised demand within the global market. The demand for animal feeds has escalated in recent times, and hence, the utilization of carboxylic acid for manufacturing animal feeds has increased the expansion prospects of the world market. Moreover, the consumer goods and agriculture sectors are amongst other key consumers of carboxylic acids. The strict rules with regards to the manufacture of petro-based carboxylic acids have additionally posed threats to the expansion of the global market.
Market Insights
The global Carboxylic Acids market is expected to be around US$ 23 Billion By 2027 at a CAGR of 5% in the given forecast period.
The global Carboxylic Acids market is segregated on the basis of Type as Acetic acid, Valeric acid, Isovaleric acid, Formic acid, Propionic acid, Butyric acid, Isobutyric acid, Citric acid, Caproic acid, and Benzoic acid. Based on End-User Industry the global Carboxylic Acids market is segmented in Food & Beverages, Animal Feed, Pharmaceuticals, Personal Care & Cosmetics, Consumer Goods, Lubricants, Agrochemicals, Textiles, Chemical Intermediates, and Rubber.
The global Carboxylic Acids market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Carboxylic Acids market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
BASF SE, Celanese Corporation, The Dow Chemical CompanyL, Yondell Basell Industries N.V., Eastman Chemical Company, Celanese Corporation, Alfa Aesar, Perstorp Holding AB, OXEA, VanDeMark Inc., and others are among the major players in the global Carboxylic Acids market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Carboxylic Acids Market has been segmented as below:
Carboxylic Acids Market, By Type
Carboxylic Acids Market, By End-User Industry
Carboxylic Acids Market, By Region
Carboxylic Acids Market, By Company
The report covers:
Report Scope:
The global Carboxylic Acids market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Carboxylic Acids market share. Major industry players with significant revenue share include BASF SE, Celanese Corporation, The Dow Chemical CompanyL, Yondell Basell Industries N.V., Eastman Chemical Company, Celanese Corporation, Alfa Aesar, Perstorp Holding AB, OXEA, VanDeMark Inc., and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach – Segmental Market Analysis
2.5.2 Top-Down Approach – Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter’s Five Force Analysis
5. Carboxylic Acids Market, By Type
5.1 Introduction
5.2 Acetic acid
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Valeric acid
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Isovaleric acid
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Formic acid
5.5.1 Market Overview
5.5.2 Market Size and Forecast
5.6 Propionic acid
5.6.1 Market Overview
5.6.2 Market Size and Forecast
5.7 Butyric acid
5.7.1 Market Overview
5.7.2 Market Size and Forecast
5.8 Isobutyric acid
5.8.1 Market Overview
5.8.2 Market Size and Forecast
5.9 Citric acid
5.9.1 Market Overview
5.9.2 Market Size and Forecast
5.10 Caproic acid
5.10.1 Market Overview
5.10.2 Market Size and Forecast
5.11 Benzoic acid
5.11.1 Market Overview
5.11.2 Market Size and Forecast
6. Carboxylic Acids Market, By End-User Industry
6.1 Introduction
6.2 Food & Beverages
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Animal Feed
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Pharmaceuticals
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Personal Care & Cosmetics
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Consumer Goods
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Lubricants
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Agrochemicals
6.8.1 Market Overview
6.8.2 Market Size and Forecast
6.9 Textiles
6.9.1 Market Overview
6.9.2 Market Size and Forecast
6.10 Chemical Intermediates
6.10.1 Market Overview
6.10.2 Market Size and Forecast
6.11 Rubber
6.11.1 Market Overview
6.11.2 Market Size and Forecast
7. Carboxylic Acids Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 North America Carboxylic Acids, By Type
7.2.2 North America Carboxylic Acids, By End-User Industry
7.3 Europe
7.3.1 Europe Carboxylic Acids, By Type
7.3.2 Europe Carboxylic Acids, By End-User Industry
7.4 Asia-Pacific
7.4.1 Asia-Pacific Carboxylic Acids, By Type
7.4.2 Asia-Pacific Carboxylic Acids, By End-User Industry
7.5 Rest of the World
7.5.1 Rest of the World Carboxylic Acids, By Type
7.5.2 Rest of the World Carboxylic Acids, By End-User Industry
8. Competitive Insights
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9. Company Profiles
9.1 BASF SE
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Celanese Corporation
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 The Dow Chemical CompanyL
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 Yondell Basell Industries N.V.
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Eastman Chemical Company
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Celanese Corporation
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Alfa Aesar
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Perstorp Holding AB
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 OXEA
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 VanDeMark Inc.
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The Carboxylic Acids Market has been segmented as below:
Carboxylic Acids Market, By Type
Carboxylic Acids Market, By End-User Industry
Carboxylic Acids Market, By Region
Carboxylic Acids Market, By Company
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