Global Organic Acid Products 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 Products market size was valued at US$ 16830 million in 2023 and is forecast to a readjusted size of USD 20550 million by 2030 with a CAGR of 2.9% during review period.
There are a wide range of organic acid products, the main products being acetic acid and citric acid. In the past five years, acetic acid has always accounted for about 70% of the market share.
Organic acid products are mainly used in industry. organic acid products used in industry have always accounted for more than 60% of the market share.
The global key Organic Acid Products manufacturers include Celanese, BP, Jiangsu Sopo, Huayi, Eastman, Yankuang Cathay Coal Chemicals, etc. The market concentration of Organic Acid Products is medium, with the top 10 players accounts for 32.92% of global revenue share.
The Asia-Pacific region is the main consumer region, accounting for more than 1/2 of the total share in the past six years.
This report is a detailed and comprehensive analysis for global Organic Acid Products 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 Products market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Organic Acid Products market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Organic Acid Products market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (US$/MT), 2019-2030
Global Organic Acid Products market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (US$/MT), 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 Products
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 Products 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, 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 Products 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
Ascorbic Acid
Gluconic Acid
Fumaric Acid
Malic Acid
Others
Market segment by Application
Industrial
Food & Beverages
Feed
Pharmaceuticals
Other
Major players covered
Celanese
BP
Jiangsu Sopo
Huayi
Eastman
Yankuang Cathay Coal Chemicals
Chang Chun Group
Lyondellbasell
Shandong Hualu-Hengsheng
Kingboard Chemical
Daicel
Sipchem
Weifang Ensign Industry
TTCA Co
RZBC Group
Cofco Biochemical (Anhui)
Jungbunzlauer Suisse
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 Products product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Organic Acid Products, with price, sales quantity, revenue, and global market share of Organic Acid Products from 2019 to 2024.
Chapter 3, the Organic Acid Products competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Organic Acid Products 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 Products 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 Products.
Chapter 14 and 15, to describe Organic Acid Products sales channel, distributors, customers, research findings and conclusion.