The Carboxylic Acid Market Research Report provides Industry analysis and evaluation of the current and prospective Market Size, Share, Trend and Growth during the study period (2014–2021).
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Carboxylic acids are organic acids containing the carboxyl group (-COOH). Growing demand for intermediates manufactured from carboxylic acid is expected to boost the market for these acids. However, factors such as strict government regulations on the manufacturing of petro-based carboxylic acids and the presence of organic and natural substitutes in the animal feed industry are major setbacks carboxylic acid market.
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Consumer Goods are emerging as the largest end-user industry and rising demands for plastics in customer goods is a major driver for this industry. North America and Europe are the biggest markets for Carboxylic Acids. The growth of food and beverages industry in Latin America and Asia Pacific is driving the carboxylic acid market in these regions. The Middle East & Africa markets are growing at a medium rate owing to rising demand for these acids in lubricants, construction, and consumer goods industries.
Major player assessed in the report is :
- BASF SE
- Celanese Corporation
- Eastman Chemical Company
- Finetech Industry Limited
- LyondellBasell Industries N.V.
- Perstorp Holdings AB
- The Dow Chemical Company
Decision Databases is involved in providing research reports and company profiles in the global carboxylic acid market in terms of revenue and output/volume. Market drivers, opportunities and restraints are thoroughly studied which influences the market. This study is further utilized for the overall analysis of the market. The carboxylic acid market is segmented based on the global applications, geographic presence, by products and ingredients.
SEGMENTATIONS IN REPORT :
1. Carboxylic Acid By Product :
- Acetic acid
- Valeric acid
- Isovaleric acid
- Formic acid
- Propionic acid
- Butyric acid
- Isobutyric acid
- Citric acid
- Caproic acid
- Stearic acid
2. Carboxylic Acid By End-user :
- Food & beverages
- Animal feed
- Personal care & cosmetics
- Consumer goods
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Amino acids are formulations of amine and carboxylic acid functional group. This formulation is geologically fundamental organic compound. Therefore, these acids are significant in nutrition and are utilized in nutritional supplements, fertilizers, and food technology.
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