Dublin, Oct. 16, 2023 (GLOBE NEWSWIRE) -- The "Global Carboxylic Acid Market (2023-2028) by Product Type, End-User, and Geography, Competitive Analysis, Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Carboxylic Acid Market is estimated to be USD 11.20 Bn in 2023 and is expected to reach USD 14.43 Bn by 2028, growing at a CAGR of 5.20%.
Market Dynamics
Market dynamics are forces that impact the prices and behaviors of the stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding growth and reducing the risks.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Carboxylic Acid Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains a competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Report Highlights:
- A complete analysis of the market, including the parent industry
- Important market dynamics and trends
- Market segmentation
- Historical, current, and projected size of the market based on value and volume
- Market shares and strategies of key players
- Recommendations to companies for strengthening their foothold in the market
Market Segmentation
The Global Carboxylic Acid Market is segmented based on Product Type, End-User, and Geography.
- By Product Type, the market is classified into Acetic Acid, Butyric Acid, Ascorbic Acid, Azelaic Acid, Citric Acid, Formic Acid, Stearic Acid, Valeric Acid, and Others.
- By End-User, the market is classified into Agrochemicals, Animal Feed, Consumer Goods, Food & Beverages, Personal Care & Cosmetics, Pharmaceuticals, and Others.
- By Geography, the market is classified into Americas, Europe, Middle East & Africa, and Asia-Pacific.
Market Dynamics
Drivers
- Development in Cosmetics and Personal Care Industry
- Growing Use of Organic Acid in the Animal Feed Industry
Restraints
- Rigid Rules & Norms Associated with the Production of Carboxylic Acids
- Increasing Threat of Health Hazards due to Use of Certain Carboxylic Acids
Opportunities
- Acceptance of Carboxylic Acid Derivatives in the Pharmaceutical Industry
- Development of Innovative Carboxylic Acid to Increase its Application
Challenges
- High Cost of Carboxylic Acid
- Availability of Natural & Organic Substitutes
Companies Mentioned
- A. B. Enterprises
- Acuro Organics Ltd.
- Alfa Aesar
- Ashok Alco - Chem Ltd. (AACL)
- BASF SE
- Celanese Corp.
- Dow Chemical Co.
- Eastman Chemical Co.
- Finetech Industry Ltd.
- Hanwha Chemical Corp.
- Jiangsu Sopo Co. Ltd.
- Lyondellbasell Industries N.V.
- Merck Kgaaamong
- Oxea Gmbh
- Perstorp Holdings
- Redox Industries Ltd.
- Sahkar Pharmaceuticals Pvt. Ltd.
- Sikko Industries Ltd.
- Thermo Fisher Scientific
- Thirumalai Chemicals Ltd.
- Triveni Chemicals
- Vandemark Chemical, Inc.
- VVF LLC
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value (USD) in 2023 | $11.2 Billion |
| Forecasted Market Value (USD) by 2028 | $14.43 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/2cr5uo
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