The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Organic Acids Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The global Organic Acids market size in 2022 is XX million US dollars, and it is expected to be XX million US dollars by 2029, with a compound annual growth rate of 8.40% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Organic Acids market include Celanese Corporation, BASF SE, Eastman Chemical Company, Dow Chemical Company, and Henan Jindan Lactic Acid Technology Co. Ltd.. The share of the top 3 players in the Organic Acids market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Organic Acids market, and Asia Pacific accounted for XX%.
SEGMENT OVERVIEW:
The report segments the market by Type and Application. Acetic Acid accounted for XX% of Organic Acids market in 2022. Lactic Acid share of XX%.
Animal Feed accounted for XX% of the Organic Acids market in 2022. Food and Beverages accounts for XX%.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Recent developments in the materials and chemicals industry have been influenced by various factors, including sustainability concerns, technological advancements, and changing consumer demands.
Sustainable Materials: There is a growing emphasis on sustainable materials and processes in the industry. Companies are focusing on developing bio-based and recycled materials to reduce dependence on fossil fuels and minimize environmental impact. This includes the use of bioplastics, bio-based polymers, and renewable feedstocks in various applications.
Circular Economy: The concept of a circular economy, which aims to minimize waste and maximize resource efficiency, has gained significant attention. Companies are exploring innovative solutions for recycling, upcycling, and reusing materials to create closed-loop systems. This involves developing new recycling technologies, implementing take-back programs, and designing products with end-of-life considerations in mind.
Digitalization and Industry 4.0: The integration of digital technologies, automation, and data analytics is transforming the materials and chemicals industry. Smart manufacturing, Internet of Things (IoT) sensors, and artificial intelligence (AI) are being employed to optimize production processes, improve quality control, and enhance supply chain efficiency. This digital transformation is enhancing productivity, reducing costs, and enabling predictive maintenance.
On The Basis of Regions, The Report Has Segmented the Market into The Following Key Regions:
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Argentina
Mexico
MEA
Saudi Arabia
UAE
Turkey
Key Players Driving the Market:
Celanese Corporation
BASF SE
Eastman Chemical Company
Dow Chemical Company
Henan Jindan Lactic Acid Technology Co. Ltd.
Myriant Corporation
By Product Type, the market is primarily segmented into:
Acetic Acid
Lactic Acid
Citric Acid
Fumaric Acid
Gluconic Acid
Itaconic Acid
Others
By Applications, the market is segmented into:
Animal Feed
Food and Beverages
Pharmaceuticals
Chemical and Industrial
Agriculture
Personal Care
Others
Table of Content
1 Study Coverage
1.1 Organic Acids Product Introduction
1.2 Global Organic Acids Outlook 2018 VS 2023 VS 2029
1.3 United States Organic Acids Outlook 2018 VS 2023 VS 2029
1.4 Organic Acids Market Size, United States VS Global, 2018-2029
1.4.1 The Market Share of United States Organic Acids in Global, 2018-2029
1.4.2 The Growth Rate of Organic Acids Market Size, United States VS Global, 2018 VS 2023 VS 2029
1.5 Organic Acids Market Dynamics
1.5.1 Organic Acids Market Trends
1.5.2 Organic Acids Market Drivers
1.5.3 Organic Acids Market Challenges
1.5.4 Organic Acids Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Coronavirus Disease (COVID-19) Impact on Global
2 Global Organic Acids Competitor Landscape by Company
2.1 Global Organic Acids Market Size by Company
2.1.1 Top Global Organic Acids Player Ranked by Revenue (2023)
2.1.2 Global Organic Acids Revenue by Player (2018-2023)
2.2 Global Organic Acids Concentration Ratio (CR)
2.2.1 Organic Acids Market Concentration Ratio (CR) (2018-2023)
2.2.2 Global Top 3 and Top 6 Largest Players of Organic Acids in 2023
2.3 Global Organic Acids Business Distribution, Business Type
2.3.1 Global Organic Acids Players, Headquarters and Distribution
2.3.2 Players Organic Acids Business Type
2.3.3 Date of International Players Enter into Organic Acids Market
2.4 Players Mergers & Acquisitions, Expansion Plans
2.5 United States Organic Acids Market Size by Company
2.5.1 Top United States Organic Acids Player s Ranked by Revenue (2023)
2.5.2 United States Organic Acids Revenue by Player (2018-2023)
3 Organic Acids Market Segment by Type
3.1 Organic Acids Market Segment by Type
3.2 Global Organic Acids Market Size by Type
3.3 United States Organic Acids Market Size by Type
4 Organic Acids Market Segment by Application
4.1 Organic Acids Market Segment by Application
4.2 Global Organic Acids Market Size by Application
4.3 United States Organic Acids Market Size by Application
5 Global Organic Acids Market Size by Region
5.1 Global Organic Acids Market Size by Region: 2018 VS 2023 VS 2029
5.2 Global Organic Acids Market Size in Value by Region (2018-2029)
5.2.1 Global Organic Acids Revenue by Region: 2018-2023
5.2.2 Global Organic Acids Revenue by Region: 2023-2029
5.3 Global Organic Acids Market Size in Volume by Region (2018-2029)
5.3.1 Global Organic Acids Volume by Region: 2018-2023
5.3.2 Global Organic Acids Volume by Region: 2023-2029
6 Segment in Regional Level & Country Level
6.1 North America
6.1.1 North America Organic Acids Market Size YoY Growth 2018-2029
6.1.2 North America Organic Acids Market Facts & Figures by Country (2018-2029)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia Pacific
6.2.1 Asia Pacific Organic Acids Market Size YoY Growth 2018-2029
6.2.2 Asia Pacific Organic Acids Market Facts & Figures by Country (2018-2029)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Southeast Asia
6.3 Europe
6.3.1 Europe Organic Acids Market Size YoY Growth 2018-2029
6.3.2 Europe Organic Acids Market Facts & Figures by Country (2018-2029)
6.3.3 Germany
6.3.4 France
6.3.5 UK
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Organic Acids Market Size YoY Growth 2018-2029
6.4.2 Latin America Organic Acids Market Facts & Figures by Country (2018-2029)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Organic Acids Market Size YoY Growth 2018-2029
6.5.2 Middle East and Africa Organic Acids Market Facts & Figures by Country (2018-2029)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 UAE
7 Company Profiles
7.1 Celanese Corporation
7.1.1 Celanese Corporation Company Details
7.1.2 Description and Business Overview
7.1.3 Organic Acids Introduction
7.1.4 Celanese Corporation Organic Acids Revenue, Sales, and Gross Margin (2018-2023)
7.1.5 Celanese Corporation Recent Development
7.2 BASF SE
7.2.1 BASF SE Company Details
7.2.2 Description and Business Overview
7.2.3 Organic Acids Introduction
7.2.4 BASF SE Organic Acids Revenue, Sales, and Gross Margin (2018-2023)
7.2.5 BASF SE Recent Development
7.3 Eastman Chemical Company
7.3.1 Eastman Chemical Company Company Details
7.3.2 Description and Business Overview
7.3.3 Organic Acids Introduction
7.3.4 Eastman Chemical Company Organic Acids Revenue, Sales, and Gross Margin (2018-2023)
7.3.5 Eastman Chemical Company Recent Development
7.4 Dow Chemical Company
7.4.1 Dow Chemical Company Company Details
7.4.2 Description and Business Overview
7.4.3 Organic Acids Introduction
7.4.4 Dow Chemical Company Organic Acids Revenue, Sales, and Gross Margin (2018-2023)
7.4.5 Dow Chemical Company Recent Development
7.5 Henan Jindan Lactic Acid Technology Co. Ltd.
7.5.1 Henan Jindan Lactic Acid Technology Co. Ltd. Company Details
7.5.2 Description and Business Overview
7.5.3 Organic Acids Introduction
7.5.4 Henan Jindan Lactic Acid Technology Co. Ltd. Organic Acids Revenue, Sales, and Gross Margin (2018-2023)
7.5.5 Henan Jindan Lactic Acid Technology Co. Ltd. Recent Development
7.6 Myriant Corporation
7.6.1 Myriant Corporation Company Details
7.6.2 Description and Business Overview
7.6.3 Organic Acids Introduction
7.6.4 Myriant Corporation Organic Acids Revenue, Sales, and Gross Margin (2018-2023)
7.6.5 Myriant Corporation Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Organic Acids Value Chain Analysis
8.2 Organic Acids Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Distributors List
8.3 Organic Acids Production Mode & Process
8.4 Organic Acids Sales and Marketing
8.4.1 Magnetic Coupled Mixers Sales Channels
8.4.2 Magnetic Coupled Mixers Distributors
8.5 Magnetic Coupled Mixers Customers
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 A Methodology
10.1.1 Research Process
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 B Data Source
10.2.1 Legal Disclaimer
List of Tables and Figures
Figure Organic Acids Product Picture
Table Global Organic Acids Revenue, ($), 2018 VS 2023 VS 2029
Figure Global Organic Acids Market Size 2018-2029 ($)
Table United States Organic Acids Revenue, ($), 2018 VS 2023 VS 2029
Figure United States Organic Acids Market Size 2018-2029 ($)
Figure United States Organic Acids Market Share in Global, in Value 2018-2029
Table Organic Acids CAGR in Value, United States VS Global, 2018 VS 2023 VS 2029
Table Organic Acids Market Trends
Table Organic Acids Market Drivers
Table Organic Acids Market Challenges
Table Organic Acids Market Restraints
Figure Organic Acids Report Years Considered
Figure (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Top Organic Acids Players in Global Market, Ranking by Revenue (2023)
Table Global Organic Acids Revenue by Player, ($), 2018-2023
Table Global Organic Acids Revenue Share by Player, 2018-2023
Table Global Organic Acids Players Market Concentration Ratio (CR5)
Figure The Top 3 and 6 Largest Players of Organic Acids in the World: Market Share by Organic Acids Revenue in 2023
Table Top Players of Organic Acids in Global Market, Headquarters and Distribution
Table Players Organic Acids Business Type
Table Date of International Players Enter into Organic Acids Market
Table Players Mergers & Acquisitions, Expansion Plans
Table Top Organic Acids Players in United States Market, Ranking by Revenue (2023)
Table United States Organic Acids Revenue by Player, ($), 2018-2023
Table United States Organic Acids Revenue Share by Player, 2018-2023
Table Global Organic Acids Revenue by Type: 2023 VS 2029 ($)
Figure Global Organic Acids Market Share by Type in 2023 & 2029
Figure Global Organic Acids Revenue by Type (2018-2029) & ($)
Figure Global Organic Acids Revenue Market Share in Value by Type (2018-2029)
Table United States Organic Acids Revenue by Type: 2023 VS 2029 ($)
Figure United States Organic Acids Market Share by Type in 2023 & 2029
Figure United States Organic Acids Revenue by Type (2018-2029) & ($)
Figure United States Organic Acids Revenue Market Share in Value by Type (2018-2029)
Table Global Organic Acids Revenue by Application: 2023 VS 2029 ($)
Figure Global Organic Acids Market Share by Application in 2023 & 2029
Figure Global Organic Acids Revenue by Application (2018-2029) & ($)
Figure Global Organic Acids Revenue Market Share in Value by Application (2018-2029)
Table United States Organic Acids Revenue by Application: 2023 VS 2029 ($)
Figure United States Organic Acids Market Share by Application in 2023 & 2029
Figure United States Organic Acids Revenue by Application (2018-2029) & ($)
Figure United States Organic Acids Revenue Market Share in Value by Application (2018-2029)
Table Global Organic Acids Market Size by Region ($): 2018 VS 2023 VS 2029
Figure Global Organic Acids Market Size Market Share by Region: 2018 VS 2023 VS 2029
Table Global Organic Acids Revenue by Region (2018-2023) & ($)
Table Global Organic Acids Revenue Forecast by Region (2023-2029) & ($)
Table Global Organic Acids Revenue Market Share by Region (2018-2029)
Table Global Organic Acids Volume by Region (2018-2023) & ($)
Table Global Organic Acids Volume Forecast by Region (2023-2029) & ($)
Table Global Organic Acids Volume Market Share by Region (2018-2029)
Figure North America Organic Acids Revenue Growth Rate 2018-2029
Table North America Organic Acids Revenue by Country (2018-2029) & ($)
Figure U.S. Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Canada Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Asia Pacific Organic Acids Revenue Growth Rate 2018-2029 ($)
Table Asia Pacific Organic Acids Revenue by Country (2018-2029) & ($)
Figure China Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Japan Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure South Korea Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure India Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Australia Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Southeast Asia Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Europe Organic Acids Revenue Growth Rate 2018-2029 ($)
Table Europe Organic Acids Revenue by Country (2018-2029) & ($)
Figure Germany Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure France Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure UK Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Italy Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Russia Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Latin America Organic Acids Revenue Growth Rate 2018-2029 ($)
Table Latin America Organic Acids Revenue by Country (2018-2029) & ($)
Figure Mexico Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Brazil Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Argentina Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Middle East and Africa Organic Acids Revenue Growth Rate 2018-2029 ($)
Table Middle East and Africa Organic Acids Revenue by Country (2018-2029) & ($)
Figure Turkey Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure Saudi Arabia Organic Acids Revenue Growth Rate (2018-2029) & ($)
Figure UAE Organic Acids Revenue Growth Rate (2018-2029) & ($)
Table Celanese Corporation Company Details
Table Description and Business Overview
Table Organic Acids Introduction
Table Celanese Corporation Organic Acids Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Celanese Corporation Recent Development
Table BASF SE Company Details
Table Description and Business Overview
Table Organic Acids Introduction
Table BASF SE Organic Acids Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table BASF SE Recent Development
Table Eastman Chemical Company Company Details
Table Description and Business Overview
Table Organic Acids Introduction
Table Eastman Chemical Company Organic Acids Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Eastman Chemical Company Recent Development
Table Dow Chemical Company Company Details
Table Description and Business Overview
Table Organic Acids Introduction
Table Dow Chemical Company Organic Acids Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Dow Chemical Company Recent Development
Table Henan Jindan Lactic Acid Technology Co. Ltd. Company Details
Table Description and Business Overview
Table Organic Acids Introduction
Table Henan Jindan Lactic Acid Technology Co. Ltd. Organic Acids Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Henan Jindan Lactic Acid Technology Co. Ltd. Recent Development
Table Myriant Corporation Company Details
Table Description and Business Overview
Table Organic Acids Introduction
Table Myriant Corporation Organic Acids Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Myriant Corporation Recent Development
Figure Organic Acids Value Chain
Table Key Raw Materials
Table Major Distributors of Organic Acids with Contact Information
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
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Total Market |
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