Global Organic Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Organic Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

An organic acid is an organic compound with acidic properties. The most common organic acids are the carboxylic acids, whose acidity is associated with their carboxyl group –COOH. Sulfonic acids, containing the group –SO2OH, are relatively stronger acids. Alcohols, with –OH, can act as acids but they are usually very weak. The relative stability of the conjugate base of the acid determines its acidity. Other groups can [also] confer acidity, usually weakly: the thiol group –SH, the enol group, and the phenol group. In biological systems, organic compounds containing these groups are generally referred to as organic acids.

According to our (Global Info Research) latest study, the global Organic Acid market size was valued at US$ 20810 million in 2023 and is forecast to a readjusted size of USD 22460 million by 2030 with a CAGR of 1.1% during review period.

Global key players of organic acid include Celanese, BP, Jiangsu Sopo, Huayi, Eastman, etc. Global top five manufacturers hold a share over 32%. The key players are mainly located in North America, China, South Korea, Middle East, Europe and Japan. In terms of product, acetic acid is the largest segment, with a share over 70%. And in terms of application, the largest application is industrial, with a share over 60%.

This report is a detailed and comprehensive analysis for global Organic Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Organic Acid market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2019-2030

Global Organic Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2019-2030

Global Organic Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/Ton), 2019-2030

Global Organic Acid market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/Ton), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Organic Acid

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Organic Acid market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Celanese, BP, Jiangsu Sopo, Shanghai Huayi, Eastman, Yankuang Cathay Coal Chemicals, Chang Chun Group, Lyondellbasell, Shandong Hualu-Hengsheng, Kingboard Chemical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Organic Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Acetic Acid
Citric Acid
Formic Acid
Lactic Acid
Propionic Acid
Malic Acid
Sorbic Acid
Oxalic Acid
Tartaric Acid
Others

Market segment by Application
Industrial
Food & Beverages
Feed
Pharmaceuticals
Personal Care
Others

Major players covered
Celanese
BP
Jiangsu Sopo
Shanghai Huayi
Eastman
Yankuang Cathay Coal Chemicals
Chang Chun Group
Lyondellbasell
Shandong Hualu-Hengsheng
Kingboard Chemical
Daicel
Sipchem
Weifang Ensign Industry Co., Ltd.
TTCA Co., Ltd
RZBC Group Co. Ltd.
Cofco Biochemical (Anhui) Co., Ltd.
Jungbunzlauer Suisse AG
Tate & Lyle
BASF
LUXI
Corbion-Purac
Cargill
DSM

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Organic Acid product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Organic Acid, with price, sales quantity, revenue, and global market share of Organic Acid from 2019 to 2024.

Chapter 3, the Organic Acid competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Organic Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Organic Acid market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Organic Acid.

Chapter 14 and 15, to describe Organic Acid sales channel, distributors, customers, research findings and conclusion.