Organic Acids Market Revenue, Major Players, Consumer Trends, Analysis & Forecast Till 2030 – IndustryARC



Organic Acids Market

Market Research Reports, Business Consulting Services & Analytics

Organic Acids Market size is projected to grow at a CAGR of 5.2% during the forecast period 2022-2027

HYDERABAD, TELANGANA, INDIA, September 5, 2022 /EINPresswire.com/ — Organic Acids Market size is projected to grow at a CAGR of 5.2% during the forecast period 2022-2027 and reach US$14.03 billion by 2027. An organic acid is an organic compound that has acidic properties. A very common example of organic acid is carboxyl acid, which is known as a weak acid and does not dissociate totally in mediums such as water when compared with other strong minerals. The simplest form of organic acids (such as acetic acid and formic acid) are used mostly in stimulation treatments as they are less reactive when compared to hydrochloric acid or other strong acids. Some of the common examples of organic acids are lactic acid, acetic acid, formic acid, citric acid, oxalic acid, uric acid, malic acid, tartaric acid, carboxylic acid and others.

Key takeaways:

This IndustryARC report on the Organic Acids Market highlights the following areas –

1. The acetic acid type in Organic Acids Market held a significant share in 2021. Its growing application in the food and beverage industry is one of the major factors driving the market.

2. Asia-Pacific dominated the Organic Acids Market in 2021, owing to its increasing demand from the food and beverage and pharmaceutical sectors of the region. For instance, recent insights from Common Thread Collective, Inc that online sales of food and beverage had a year-on-year growth of 16.3% in 2022.

3. Organic acids are widely used in the petrochemical sector which is majorly utilized in the production of petrochemical products for end-use and intermediates. This is further expected to create a major opportunity for the manufacturers of the Organic Acids Industry.

Interested in knowing more relevant information? Click here:

https://www.industryarc.com/pdfdownload.php?id=16128

Competitive Landscape:

The top 5 players in the Organic Acids industry are –

1. Archer Daniels Midland Company

2. BASF SE

3. Celanese Corporation

4. E.i. Dupont De Nemours and Company

5. Eastman Chemical Company

Click on the following link to buy the Organic Acids Market Report:

https://www.industryarc.com/reports/request-quote?id=16128

Why Choose IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.

Related Reports:

A. Formic Acid Market – Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis (2022 – 2027)

https://www.industryarc.com/Report/16444/formic-acid-market.html

B. Acetic Acid Market – Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast Analysis (2022 – 2027)

https://www.industryarc.com/Report/16128/organic-acids-market.html

Contact Us:

Mr. Venkat Reddy

IndustryARC

Email: venkat@industryarc.com, sales@industryarc.com

USA: (+1) 970-236-3677, (+1) 815-656-4596

IND: (+91) 40-485-49062

Venkat Reddy
IndustryARC
+1 614-588-8538
venkat@industryarc.com
Visit us on social media:
Facebook
Twitter
LinkedIn





Source link