Study on Carboxylic Acid Market by Infinium Global Research is comprehensive presentation of qualitative and quantitative research to identify key trends, growth prospects, drivers, restraints and opportunities in the Global market. The report also deep dives into the sub-segments of Carboxylic Acid Market by products (acetic acid, formic, valeric, isovaleric, propionic, citric, caproic, stearic acid, butyric acid, isobutyric acid), by end users (animal feed, food & beverages, consumer goods, personal care & cosmetics, pharmaceuticals, lubricants) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW. Browse through over 100 tables and figures to get complete view of the global and regional markets of Carboxylic Acid over the period of 2017 to 2023. This report also provides the existing competitive scenario of some of the key players of the Global Carboxylic Acid Market which includes company profiling of OWEA, BASF SE, Celanese Corporation, The Dow Chemical Company, LyondellBasell Industries N.V., Eastman Chemical Company, Finetech Industry Limited, Perstorp Holdings AB, Jiangsu Sopo Co. Ltd., Hanwha Chemical Corporation and others.
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Global carboxylic acid market is segmented on the basis of products such as acetic acid, formic acid, valeric acid, isovaleric acid, propionic acid, citric acid, caproic acid, stearic acid, butyric acid, isobutyric acid and others (such as benzoic acid). On the basis of end users the global carboxylic acid market can be segmented as animal feed, food & beverages, consumer goods, personal care & cosmetics, pharmaceuticals, lubricants and others (such as textiles, leather, rubber, agrochemicals). Global carboxylic acid market is primarily driven by increasing demand in the animal feed (for acids such as butyric, formic and propionic) and food & beverage industries, it is expected to propel the market over the forecast period. Furthermore, rising demand for stearic acid, valeric acid and butyric acid in the cosmetic and personal care industry is likely to drive the global carboxylic acid market. On the other hand, stringent regulatory and legislative actions against the production of petroleum based carboxylic acids are one of the restraints in the global carboxylic acid market. Additionally, easily available substitutes for various applications are likely to restrain carboxylic acid market growth globally.