Global Organic Acids Market Worth USD 9.29 Billion by 2021 – Analysis, Technologies & Forecasts Report 2016-2021 – Key Vendors: BASF, Cargill, Dow Chemical – Research and Markets
June 8, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “Organic Acids Market by Type (Acetic Acid, Citric Acid, Formic Acid, Lactic Acid, Propionic Acid, Fumaric Acid & Others), Source (Biomass, Molasses, Starch & Chemical synthesis), Application, & by Region – Global Trend & Forecast to 2021” report to their offering.
The organic acids market size is projected to reach USD 9.29 Billion by 2021, at a CAGR of around 6.0% from 2016 to 2021.
The market is driven by factors such as wide areas of application across various industries, especially the growing F&B sector and R&D investments & technological innovations such as micro-encapsulation. The high growth potential in the Asian countries and untapped regions of the Latin American and African regions provide new growth opportunities for market players.
On the basis of type, the organic acids market was led by the acetic acid, followed by citric acid, formic acid, lactic acid, and others, in 2015. Acetic acid is used in wide areas of applications such as production of synthetic fibers and polymeric materials. It is largely used in food & beverage processing in the form of vinegar. The acid is largely consumed in China, the U.S., and most Western European countries.
Companies Mentioned:
- Archer Daniels Midland Company
- Basf Se
- Calanese Corporation
- Cargill, Inc.
- E. I. Du Pont De Nemours And Company
- Eastman Chemical Company
- Henan Jindan Lactic Acid Technology Co. Ltd
- Myriant Corporation
- Tate & Lyle Plc
- The Dow Chemical Company
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Organic Acids Market, By Type
8 Organic Acid, By Source
9 Organic Acid Market, By Application
10 Organic Acids Market, By Region
11 Competitive Landscape
12 Company Profiles
13 Appendix
For more information visit http://www.researchandmarkets.com/research/9jwngs/organic_acids
View source version on businesswire.com: http://www.businesswire.com/news/home/20160608005611/en/
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Sector: Organic Acids
