Global Organic Acids Market is expected to reach USD 20,232.6 million by 2022, at a CAGR of 7.1% during the forecast period of 2017 to 2022, according to this latest publication from Meticulous Research®.
The organic acids market is mainly driven by the growing use of organic acids in the wide range of applications, increasing focus on producing bio-based organic acids, growing use of dietary microencapsulated organic acids, and increasing demand from developing economies. Further, increasing production of organic acid from renewable sources provides significant opportunities in this market. However, fluctuating raw material prices & availability, and the high price of organic acids are expected to hinder the growth of organic acids market to some extent.
The key players in the global organic acids market are Archer Daniels Midland Company, Cargill, Incorporated, Polynt- Reichhold, E. I. du Pont de Nemours and Company, Tate & Lyle PLC, Myriant Corporation, Eastman Chemical Company, Henan Jindan Lactic Acid Technology Co., Ltd, BASF SE, The Dow Chemical Company, Celanese Corporation, Koninklijke DSM N.V., Corbion N.V, and BioAmber Inc.
Key questions answered in the report-
- Which are the high-growth market segments in terms of product type, vertical/industry, and regions/countries?
- What is the historical market for organic acids across the globe?
- What are the market forecasts and estimates for the period 2015-2022?
- What are the major drivers, restrains, opportunities, and trends in the global organic acids market?
- Who are the major players in the global organic acids market and what share of the market do they hold?
- Who are the major players in various countries and what share of the market do they hold?
- What are the competitive landscapes and who are the market leaders by sub-region in the global organic acids market?
- What are the recent developments in the global organic acids market?
- What are the different strategies adopted by the major players in the global organic acids market?
- What are the geographical trends and high growth regions/ countries?
- Who are the local emerging players in the global organic acids market and how do they compete with the global players?
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