Organic Acids Market Likely to Grow at a CAGR of 8.3% from 2017 to 2023

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Presentation transcript:

Organic Acids Market Global Opportunity Analysis and Industry Forecast,

Introduction The global market was valued $16,837 million in 2016, and is projected to reach $29,197 million by 2023, growing at a CAGR of 8.3% from 2017 to The acetic acid segment held approximately one-third of the total market share in 2016.

Introduction Organic acids are compounds that possess a carbon atom in its structure and have a molecular formula RCOOH. Citric acid, acetic acid, lactic acid, tartaric acid, malic acid, gluconic acid, propionic acid, and fumaric acid are some of the organic acids used widely in end-use applications such as during formation of drugs, textiles, and adhesives.

Table Of Content Chapter: 1. Introduction Chapter: 2. Executive Summary Chapter: 3. Market Overview Chapter: 4. Global Organic Acids Market, By Type Chapter: 5. Global Organic Acids Market, By Technology Chapter: 7. Global Organic Acids Market, By Geography Chapter: 8. Company Profiles

Market Segments

Top Investment

Market Share

Table Of Content Archer Daniels Midland Company Basf SE Cargill, INC. Calanese Corporation E.I. Dupont De Nemours And Company Eastman Chemical Company

Analyst Review Increase in adoption of organic acids in food & beverage preservation and oil & gas well stimulation treatments fuels the growth of the global organic acids market. Organic acids are less reactive towards metals due to which these are commonly deployed at high bottom hole temperatures and during long contact durations between acid and pipe, such as during the process of perforation. Continued investments in developing countries and anticipated recovery in global markets are expected to drive the market growth.

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