Market Study on Expected Growth for Carboxylic Acid Market

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Infinium Global Research
Market Study on Expected Growth for Carboxylic
Acid Market
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The latest report on Carboxylic Acid Market by
Infinium Global Research gives complete coverage
of the Carboxylic Acid Market by products
(acetic acid, formic, valeric, isovaleric,
propionic, citric, caproic, stearic acid, butyric
acid, isobutyric acid), by end users (animal
feed, food beverages, consumer goods, personal
care cosmetics, pharmaceuticals, lubricants) in
terms of key trends, market size, forecast and
CAGR growth over the period of 2017 to 2023. In
addition, the study covers deep dive into key
product and applications trends in the regional
markets of Carboxylic Acid such as North America,
Europe, Asia-Pacific and Latin America over the
short run and long run. Get Sample Copy of this
Report https//www.infiniumglobalresearch.com/rep
orts/sample_request/705 Segments Covered Global
carboxylic acid market is segmented on the basis
of products such as acetic acid, formic acid,
valeric acid, isovaleric acid, propionic acid,
citric acid, caproic acid, stearic acid, butyric
acid, isobutyric acid and others (such as benzoic
acid). On the basis of end users the global
carboxylic acid market can be segmented as animal
feed, food beverages, consumer goods, personal
care cosmetics, pharmaceuticals, lubricants and
others (such as textiles, leather, rubber,
agrochemicals).Global carboxylic acid market is
primarily driven by increasing demand in the
animal feed (for acids such as butyric, formic
and propionic) and food beverage industries,
it is expected to propel the market over the
forecast period. Furthermore, rising demand for
stearic acid, valeric acid and butyric acid in
the cosmetic and personal care industry is likely
to drive the global carboxylic acid market. On
the other hand, stringent regulatory and
legislative actions against the production of
petroleum based carboxylic acids are one of the
restraints in the global carboxylic acid market.
Additionally, easily available substitutes for
various applications are likely to restrain
carboxylic acid market growth globally. Geographi
c Coverage Asia-Pacific region is dominant
consumer of carboxylic acid, rising industries
have accelerated demand for the compound and is
expected to continue over the forecast period.
China is one of the major markets in the region
due to growth in food beverages, textile and
consumer goods industries. Furthermore, increase
in production capacities of pharmaceutical,
plastic and lubricant industries in India,
China, Indonesia and South Korea is expected to
boost demand for carboxylic acid in coming
future. Additionally, the US market is expected
to witness high demand for carboxylic acid which
is largely used in drug formulations
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such as antibiotics, anticoagulants, cholesterol
lowering satins and anti-inflammatory drugs.
Moreover, increase in geriatric population is
driving pharmaceuticals segment leading to growth
of carboxylic acid market. Make an Enquiry
https//www.infiniumglobalresearch.com/reports/enq
uiry/705 Companies Profiled The report provides
profiles of the companies in the Global
Carboxylic Acid Market such as OWEA, BASF SE,
Celanese Corporation, The Dow Chemical Company,
LyondellBasell Industries N.V., Eastman Chemical
Company, Finetech Industry Limited, Perstorp
Holdings AB, Jiangsu Sopo Co. Ltd., Hanwha
Chemical Corporation and others.The report also
provides in depth analysis of impact of REACH
policy (registration, evaluation and
authorization of chemicals) adopted by the
European Union on the carboxylic acid market
over the period of 2017 to 2023. This section
also provides crucial information on safety
profiles of the chemicals in European
Union. Browse Research Report https//www.infiniu
mglobalresearch.com/chemical_material/global_carbo
xylic_acid_market Report Highlights The report
provides deep insights on demand forecasts,
market trends and micro and macro indicators. In
addition, this report provides insights on the
factors that are driving and restraining the
global carboxylic acid market. Moreover,
IGR-Growth Matrix analysis given in the report
brings an insight on the investment areas that
existing or new market players can consider. The
report provides insights into the market using
analytical tools such as Porters five forces
analysis and DRO analysis of carboxylic acid
market. Moreover, the study highlights current
market trends and provides forecast from 2017 to
2023. We also have highlighted future trends in
the carboxylic acid market that will impact the
demand during the forecast period. Moreover, the
competitive analysis given in each regional
market brings an insight on the market share of
the leading players. Additionally, the analysis
highlights rise and fall in the market shares of
the key players in the market. This report will
help manufacturers, suppliers and distributors
of the carboxylic acid market to understand the
present and future trends in this market and
formulate their strategies accordingly.
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