Global Organic Acid Market Posted Over 6% CAGR by Value in 2016, States TechSci Research in Its New Report Available at MarketPublishers.com19 May 2017 • by Natalie Aster
LONDON – Worldwide, the organic acid market saw more than a 6% CAGR in terms of value in 2016, owing to the surging demand for environmentally friendly, natural additives and fast-paced development of the global food & drink processing industry. Organic acid represents organic compounds that have versatile functional characteristics, thus, these acids are used extensively in different downstream sectors. An upsurge in customer awareness pertaining to diseases invoked by chemical additives and preservatives in cosmetic and alimentary products, and soaring demand for natural organic compounds are projected to stimulate the use of organic acids in versatile end-use sectors worldwide in the offing.
The world organic acid marketplace is dominated by the leading players like Dow Chemical, Nature Works LLC, BASF SE, Eastman Chemicals Company, BP Plc, Corbion NV, Elekeiroz S.A, Cargill Inc., BioAmber Inc., Myriant Corporation, Jungbunzlauer Suisse AG, Celanese Corporation, amid others.
New report “Global Organic Acid Market By Type, By End Uses, By Region, Competition Forecast and Opportunities, 2012-2026” created by TechSci Research is an unrivalled source of information on the market for organic acid.
The study offers detailed market segmentation analysis by type, end-use, and based on geography. It assesses and forecasts the global market size, by value and volume. The report gives estimates of the size of organic acid market, by volume, pertaining to key end-use sectors. The research canvasses the structure of the organic acid market by region, and gives projections of the market size by volume. The study canvasses the factors impacting the world organic acid market, scrutinises strategic developments such as novel product launches, facility expansions and M&As by different organic acid producers worldwide. It sheds light on the competitor pricing, average market selling prices and margins in the market. Furthermore, the report provides detailed profiles the leading companies engaged in organic acid manufacturing and sales globally. Benchmarking of the leading 20 players, product benchmarking, and customer analysis, etc. can also be found in the research.
For more new research reports by this publisher visit the TechSci Research catalogue.