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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Carboxylic Acid Market: Emerging Trends and New Technologies Research 2017 - 2024 Carboxylic Acid Market Size By Product (Acetic, Valeric, Isovaleric, Formic, Propionic, Butyric, Isobutyric, Citric, Caproic, Stearic), By End-User (Food & Beverages, Animal Feed, Personal Care & Cosmetics, Lubricants, Consumer Goods), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, France, Spain, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Application Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Carboxylic acid market revenue is forecast to display a high surge over the coming seven years, owing to its wide applications across consumer goods, food & beverages, pharmaceuticals, lubricants, animal feed, and personal care & cosmetics. Rising application of organic acids as growth promoters in the animal feed additives market is projected to drive the carboxylic acid industry size over the coming years. According to Global Market Insights, Inc., “Carboxylic acid market size is projected to hit USD 20 billion by 2024.” Moreover, enhanced use of vinyl acetate monomer for storing and packing food products & beverages, is anticipated to drive the industry growth in the near future. Global Market Scenario of Carboxylic Acid
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com U.S. Carboxylic Acid Market size, by end-user, 2015 & 2024 (USD million)
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Carboxylic acid industry is segmented into isobutyric acid, acetic acid, propionic acid, isovaleric acid, formic acid, valeric acid, butyric acid, caproic acid, citric acid, and stearic acid. Rising application of acetic acid across food & beverages sector is expected to boost the industry growth over the coming seven years. Acetic acid market is predicted to contribute significantly towards the overall industry revenue, having attained revenue of USD 5.5 billion in 2015. Furthermore, stearic acid market is anticipated to stimulate the industry growth over the next few years, driven by its extensive use across cosmetics & personal care sector along with its growing application in lubricants & softening products. Products Insights
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Asia Pacific carboxylic acid industry, which accounted for nearly 50% of overall revenue in 2015, is forecast to record a CAGR of 5% over the period of 2016-2024, on account of massive growth observed across consumer goods and food & beverages sector. Japan and China are predicted to be the major revenue pockets. North America carboxylic acid market value, which was estimated at USD 2 billion in 2015, is anticipated to observe a high surge over the next few years. Key industry participants include Celanese Corporation, LyondellBasell Industries, Jiangsu Sopo Group, Alfa Aesar, The Dow Chemical Company, BASF SE, Eastman Chemical Company, Perstorp Holding, and OXEA Corporation. Regional and Competitive Insights
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Carboxylic Acid Market@ http://bit.ly/2k1YxL1 Request for Sample of this Research Report @ http://bit.ly/2kjYGaT
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© 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch You can visit us at: www.gminsights.comwww.gminsights.com Thank You…
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