Carboxylic Acid Market by Product (Acetic Acid, Butyric Acid, Caproic Acid), Production Technology (Renewable Fermentation Process, Synthetic Process), Applicatiion - Global Forecast 2023-2030
The Carboxylic Acid Market is projected to reach USD 16.58 billion by 2030 from USD 10.81 billion in 2022, at a CAGR of 5.48% during the forecast period.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Carboxylic Acid Market.
- Based on Product, market is studied across Acetic Acid, Butyric Acid, Caproic Acid, Citric Acid, Formic Acid, Isobutyric Acid, Isovaleric Acid, Propionic Acid, Stearic Acid, and Valeric Acid. The Valeric Acid is projected to witness significant market share during forecast period.
- Based on Production Technology, market is studied across Renewable Fermentation Process and Synthetic Process. The Synthetic Process is further studied across Carboxylation of Grignard Reagents, Oxidation of Alcohols and Aldehydes, and Hydrolysis of Nitriles and Esters. The Synthetic Process is projected to witness significant market share during forecast period.
- Based on Applicatiion, market is studied across Animal Feed, Consumer Goods, Food & Beverages, Lubricants, Personal Care & Cosmetics, Pharmaceuticals, and Textiles, Leather & Rubber. The Food & Beverages is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Carboxylic Acid Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Carboxylic Acid Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Carboxylic Acid Market, highlighting leading vendors and their innovative profiles. These include abcr GmbH, Alfa Aesar by Thermo Fisher Scientific Inc., ALPHA CHEMIKA, Ascentus Organics Pvt. Ltd., Ashok Alco - chem Limited, BASF SE, Celanese Corporation, Eastman Chemical Company, Ebrator Biochemicals, Finar Limited by Actylis, Finetech Industry Limited, Hibrett Puratex, Kakdiya Chemicals, Kanto Chemical Co., Inc., LyondellBasell Industries N.V., Merck KGaA, Mitsui Chemicals, Inc., Noah Chemicals, OQ Chemicals GmbH, Petroliam Nasional Berhad (PETRONAS), ProChem, Inc., Redox Industries Limited, The Dow Chemical Company, Thirumalai Chemicals Ltd., Tokyo Chemical Industry Co., Ltd., VanDeMark Chemical, Inc., Vigon International, LLC, Vizag chemical, Volu-Sol, and VVF LLC.
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Carboxylic Acid Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Carboxylic Acid Market?
- What is the competitive strategic window for identifying opportunities in the Carboxylic Acid Market?
- What are the latest technology trends and regulatory frameworks in the Carboxylic Acid Market?
- What is the market share of the leading vendors in the Carboxylic Acid Market?
- Which modes and strategic moves are suitable for entering the Carboxylic Acid Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Carboxylic Acid Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Proliferating demand for animal feed with increasing livestock population
- 5.1.1.2. Increasing usage of carboxylic acid in the food & beverage sector
- 5.1.1.3. Continuous expansion of the pharmaceutical sector worldwide
- 5.1.2. Restraints
- 5.1.2.1. Fluctuating cost and raw materials and production
- 5.1.3. Opportunities
- 5.1.3.1. Ongoing research to improve renewable fermentation of carboxylic acid from biomass
- 5.1.3.2. Utilization of CO2 for the synthesis of carboxylic acids
- 5.1.4. Challenges
- 5.1.4.1. Problems associated with storage and transportation of carboxylic acids
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Carboxylic Acid Market, by Product
- 6.1. Introduction
- 6.2. Acetic Acid
- 6.3. Butyric Acid
- 6.4. Caproic Acid
- 6.5. Citric Acid
- 6.6. Formic Acid
- 6.7. Isobutyric Acid
- 6.8. Isovaleric Acid
- 6.9. Propionic Acid
- 6.10. Stearic Acid
- 6.11. Valeric Acid
- 7. Carboxylic Acid Market, by Production Technology
- 7.1. Introduction
- 7.2. Renewable Fermentation Process
- 7.3. Synthetic Process
- 7.4.1. Carboxylation of Grignard Reagents
- 7.4.2. Oxidation of Alcohols and Aldehydes
- 7.4.3. Hydrolysis of Nitriles and Esters
- 8. Carboxylic Acid Market, by Applicatiion
- 8.1. Introduction
- 8.2. Animal Feed
- 8.3. Consumer Goods
- 8.4. Food & Beverages
- 8.5. Lubricants
- 8.6. Personal Care & Cosmetics
- 8.7. Pharmaceuticals
- 8.8. Textiles, Leather & Rubber
- 9. Americas Carboxylic Acid Market
- 9.1. Introduction
- 9.2. Argentina
- 9.3. Brazil
- 9.4. Canada
- 9.5. Mexico
- 9.6. United States
- 10. Asia-Pacific Carboxylic Acid Market
- 10.1. Introduction
- 10.2. Australia
- 10.3. China
- 10.4. India
- 10.5. Indonesia
- 10.6. Japan
- 10.7. Malaysia
- 10.8. Philippines
- 10.9. Singapore
- 10.10. South Korea
- 10.11. Taiwan
- 10.12. Thailand
- 10.13. Vietnam
- 11. Europe, Middle East & Africa Carboxylic Acid Market
- 11.1. Introduction
- 11.2. Denmark
- 11.3. Egypt
- 11.4. Finland
- 11.5. France
- 11.6. Germany
- 11.7. Israel
- 11.8. Italy
- 11.9. Netherlands
- 11.10. Nigeria
- 11.11. Norway
- 11.12. Poland
- 11.13. Qatar
- 11.14. Russia
- 11.15. Saudi Arabia
- 11.16. South Africa
- 11.17. Spain
- 11.18. Sweden
- 11.19. Switzerland
- 11.20. Turkey
- 11.21. United Arab Emirates
- 11.22. United Kingdom
- 12. Competitive Landscape
- 12.1. FPNV Positioning Matrix
- 12.2. Market Share Analysis, By Key Player
- 12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. New Product Launch & Enhancement
- 12.3.1.1. Afyren Launches Flavyren Portfolio of Carboxylic Acids
- 12.3.2. Award, Recognition, & Expansion
- 12.3.2.1. OQ Chemicals Expanding Capacity for Carboxylic Acids
- 12.3.2.2. Perstorp to double carboxylic acid production capacity as demand continues to rise across markets
- 13. Competitive Portfolio
- 13.1. Key Company Profiles
- 13.1.1. abcr GmbH
- 13.1.2. Alfa Aesar by Thermo Fisher Scientific Inc.
- 13.1.3. ALPHA CHEMIKA
- 13.1.4. Ascentus Organics Pvt. Ltd.
- 13.1.5. Ashok Alco - chem Limited
- 13.1.6. BASF SE
- 13.1.7. Celanese Corporation
- 13.1.8. Eastman Chemical Company
- 13.1.9. Ebrator Biochemicals
- 13.1.10. Finar Limited by Actylis
- 13.1.11. Finetech Industry Limited
- 13.1.12. Hibrett Puratex
- 13.1.13. Kakdiya Chemicals
- 13.1.14. Kanto Chemical Co., Inc.
- 13.1.15. LyondellBasell Industries N.V.
- 13.1.16. Merck KGaA
- 13.1.17. Mitsui Chemicals, Inc.
- 13.1.18. Noah Chemicals
- 13.1.19. OQ Chemicals GmbH
- 13.1.20. Petroliam Nasional Berhad (PETRONAS)
- 13.1.21. ProChem, Inc.
- 13.1.22. Redox Industries Limited
- 13.1.23. The Dow Chemical Company
- 13.1.24. Thirumalai Chemicals Ltd.
- 13.1.25. Tokyo Chemical Industry Co., Ltd.
- 13.1.26. VanDeMark Chemical, Inc.
- 13.1.27. Vigon International, LLC
- 13.1.28. Vizag chemical
- 13.1.29. Volu-Sol
- 13.1.30. VVF LLC
- 13.2. Key Product Portfolio
- 14. Appendix
- 14.1. Discussion Guide
- 14.2. License & Pricing
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