Carboxylic Acid Market Report - Industry Trends And Growth Analysis 2018 to 2025

Carboxylic Acid Market evaluates the market share held by the key Players of the industry and offers a full assessment of the competitive landscape. This market is fragmented into different segments with the insightful analysis of each segment with respect to the geography for the study period. Based on the historical data, the report evaluation future prospects and provides the market trends, size, growth, and estimation for the period 2018-2025.

Carboxylic acids are organic acids containing the carboxyl group (-COOH). Growing demand for intermediates manufactured from carboxylic acid is expected to boost the market for these acids. However, factors such as strict government regulations on the manufacturing of petro-based carboxylic acids and the presence of organic and natural substitutes in the animal feed industry are major setbacks carboxylic acid market.

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The various products of carboxylic acids in the market are acetic acid, valeric acid, isovaleric acid, formic acid, propionic acid, butyric acid, isobutyric acid, citric acid, caproic acid, stearic acid and others. Carboxylic acids are the basic materials required in the manufacture of Food & beverages, Animal feed, Pharmaceuticals, Personal care & cosmetics, Consumer goods, Lubricants and other products.

Consumer Goods are emerging as the largest end-user industry and rising demands for plastics in customer goods is a major driver for this industry. North America and Europe are the biggest markets for Carboxylic Acids. The growth of food and beverages industry in Latin America and Asia Pacific is driving the carboxylic acid market in these regions. The Middle East & Africa markets are growing at a medium rate owing to rising demand for these acids in lubricants, construction, and consumer goods industries.

Major player assessed in the report are :
- BASF SE
- Celanese Corporation
- Eastman Chemical Company
- Finetech Industry Limited
- LyondellBasell Industries N.V.
- OXEA
- Perstorp Holdings AB
- The Dow Chemical Company
- Others

Geographically, this market has been segmented into regions such as North America, Europe, Latin America, Asia Pacific and the Middle East & Africa. The study details country-level aspects based on each segment and gives estimates in terms of market size. 

Segmentations In Report: 
 
1. Carboxylic Acid By Product:
- Acetic acid
- Valeric acid
- Isovaleric acid
- Formic acid
- Propionic acid
- Butyric acid
- Isobutyric acid
- Others

2. Carboxylic Acid By End-user:
- Food & beverages
- Animal feed
- Pharmaceuticals
- Personal care & cosmetics
- Consumer goods
- Lubricants
- Others

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