Title: Bio-organic Acid Market - Forecast (2022 - 2027)
1Bio-organic Acid Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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- Bio-Organic Acid market size is expected to be
valued at 22.74 billion by the end of the year
2027 and is set to grow at a CAGR of 5 during
the forecast period from 2022-2027. - The increasing adoption of bio-organic acid in
various industries for chemical synthesis of
various products is majorly driving the demand
for bio-organic acid market. Bio-organic acid
such as succinic acid. - Bio-organic acids are made of bio products such
as biomass, molasses, sugar, lignocellulosic and
others which is non-renewable and is very
eco-friendly.
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- Key Takeaways
- Asia-Pacific market held the largest share in the
bio-organic acid market owing to increase in
demand from the textile industry and healthcare
industry. - The growing government regulations over
conventional organic acids is driving the demand
for bio-organic acid market. - The Growing Demand for Bio-based Polymer in
healthcare applications is majorly driving the
bio-organic acid market - Amid the Covid-19 pandemic, the bio-organic acid
market witnessed slow growth owing to the ongoing
covid-19 pandemic.
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Bio-Organic Acid Market Segment Analysis By
Geography Asia-Pacific region held the largest
share of 35 in the bio-organic acid market in
the year 2021. The increasing demand for
bio-organic acid from end-use industries like
healthcare industry, textile industry, food and
beverages industry are majorly driving the demand
for bio-organic acid market in the region. The
major exporters of wool fabric in the world are
from Asia Pacific region, namely China, South
Korea and Japan. According to International Wool
Textile Organization, China accounted for 21.1
of world exports of wool fabric in the year 2019,
Japan accounted for 4.1 and South Korea
accounted for 2.5region.
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- Bio-Organic Acid Industry Outlook
- BASF SE
- DSM
- Mitsubishi Chemical Corporation
- Cargill, Incorporated
- BioAmber Inc.
- Corbion NV
- Lygos Inc.
- Methanex
- Mitsui Co. Ltd.
- Novozymes A/S
- Zhejiang Hisun Biomaterials Co. Ltd.
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Bio-organic Acid Market Forecast (
2022-2027) Learn More About the Report _at_
https//www.industryarc.com/Research/Bio-organic-
Acid-Market-Research-503152
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
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