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Carboxylic Acid-Global Market Insights and Sales Trends 2024
Synopsis
A carboxylic acid is an organic compound that contains a carboxyl group (C(=O)OH). The general formula of a carboxylic acid is R–COOH, with R referring to the rest of the (possibly quite large) molecule. Carboxylic acids occur widely and include the amino acids (which make up proteins) and acetic acid (which is part of vinegar and occurs in metabolism).
The global Carboxylic Acid market size is expected to reach US$ 17230 million by 2029, growing at a CAGR of 4.0% from 2023 to 2029. The market is mainly driven by the significant applications of Carboxylic Acid in various end use industries. The expanding demands from the Food & Beverages, Animal Feed, Pharmaceuticals and Personal Care & Cosmetics, are propelling Carboxylic Acid market. Acetic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Valeric segment is estimated at % CAGR for the next seven-year period.
Increasing demand for cosmetics and personal care products will also catalyze the global carboxylic acid market demand. Extensive usage of stearic, butyric, and valeric acids in the manufacturing of these products will influence the global carboxylic acid market in the forecast period. Rising awareness among the people about cosmetics and beauty products, in addition to increasing disposable income, will propel the market size considerably in the upcoming years. Usage of the acids for esterification to provide the fragrance and for prevention of microbes, tend to have a prevailing effect on the market. More than 80% of these personal care products are for cosmetics, skin care products, fragrances, and hair care products.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carboxylic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carboxylic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carboxylic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carboxylic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carboxylic Acid covered in this report include BASF, Celanese Corporation, Eastman Chemical Company, Perstorp Holdings, The Dow Chemical Company, Alfa Aesar (Thermo Fisher Scientific), Ashok Alco – chem, Finetech Industry and Jiangsu Sopo Group, etc.
The global Carboxylic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Celanese Corporation
Eastman Chemical Company
Perstorp Holdings
The Dow Chemical Company
Alfa Aesar (Thermo Fisher Scientific)
Ashok Alco – chem
Finetech Industry
Jiangsu Sopo Group
LyondellBasell Industries
OXEA
Shenyang Zhangming Chemical
Global Carboxylic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carboxylic Acid market, Segment by Type:
Acetic
Valeric
Isovaleric
Formic
Propionic
Butyric
Isobutyric
Citric
Caproic
Stearic
Global Carboxylic Acid market, by Application
Food & Beverages
Animal Feed
Pharmaceuticals
Personal Care & Cosmetics
Consumer Goods
Lubricants
Agrochemicals
Textiles
Chemical Intermediates
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Carboxylic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Carboxylic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A carboxylic acid is an organic compound that contains a carboxyl group (C(=O)OH). The general formula of a carboxylic acid is R–COOH, with R referring to the rest of the (possibly quite large) molecule. Carboxylic acids occur widely and include the amino acids (which make up proteins) and acetic acid (which is part of vinegar and occurs in metabolism).
The global Carboxylic Acid market size is expected to reach US$ 17230 million by 2029, growing at a CAGR of 4.0% from 2023 to 2029. The market is mainly driven by the significant applications of Carboxylic Acid in various end use industries. The expanding demands from the Food & Beverages, Animal Feed, Pharmaceuticals and Personal Care & Cosmetics, are propelling Carboxylic Acid market. Acetic, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Valeric segment is estimated at % CAGR for the next seven-year period.
Increasing demand for cosmetics and personal care products will also catalyze the global carboxylic acid market demand. Extensive usage of stearic, butyric, and valeric acids in the manufacturing of these products will influence the global carboxylic acid market in the forecast period. Rising awareness among the people about cosmetics and beauty products, in addition to increasing disposable income, will propel the market size considerably in the upcoming years. Usage of the acids for esterification to provide the fragrance and for prevention of microbes, tend to have a prevailing effect on the market. More than 80% of these personal care products are for cosmetics, skin care products, fragrances, and hair care products.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Carboxylic Acid, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Carboxylic Acid market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Carboxylic Acid market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Carboxylic Acid sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Carboxylic Acid covered in this report include BASF, Celanese Corporation, Eastman Chemical Company, Perstorp Holdings, The Dow Chemical Company, Alfa Aesar (Thermo Fisher Scientific), Ashok Alco – chem, Finetech Industry and Jiangsu Sopo Group, etc.
The global Carboxylic Acid market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
Celanese Corporation
Eastman Chemical Company
Perstorp Holdings
The Dow Chemical Company
Alfa Aesar (Thermo Fisher Scientific)
Ashok Alco – chem
Finetech Industry
Jiangsu Sopo Group
LyondellBasell Industries
OXEA
Shenyang Zhangming Chemical
Global Carboxylic Acid market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Carboxylic Acid market, Segment by Type:
Acetic
Valeric
Isovaleric
Formic
Propionic
Butyric
Isobutyric
Citric
Caproic
Stearic
Global Carboxylic Acid market, by Application
Food & Beverages
Animal Feed
Pharmaceuticals
Personal Care & Cosmetics
Consumer Goods
Lubricants
Agrochemicals
Textiles
Chemical Intermediates
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Carboxylic Acid manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Carboxylic Acid in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Carboxylic Acid Market Overview
1.1 Carboxylic Acid Product Overview
1.2 Carboxylic Acid Market Segment by Type
1.2.1 Acetic
1.2.2 Valeric
1.2.3 Isovaleric
1.2.4 Formic
1.2.5 Propionic
1.2.6 Butyric
1.2.7 Isobutyric
1.2.8 Citric
1.2.9 Caproic
1.2.10 Stearic
1.3 Global Carboxylic Acid Market Size by Type
1.3.1 Global Carboxylic Acid Market Size Overview by Type (2018-2029)
1.3.2 Global Carboxylic Acid Historic Market Size Review by Type (2018-2023)
1.3.3 Global Carboxylic Acid Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Carboxylic Acid Sales Breakdown by Type (2018-2023)
1.4.2 Europe Carboxylic Acid Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Carboxylic Acid Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Carboxylic Acid Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Carboxylic Acid Sales Breakdown by Type (2018-2023)
2 Global Carboxylic Acid Market Competition by Company
2.1 Global Top Players by Carboxylic Acid Sales (2018-2023)
2.2 Global Top Players by Carboxylic Acid Revenue (2018-2023)
2.3 Global Top Players by Carboxylic Acid Price (2018-2023)
2.4 Global Top Manufacturers Carboxylic Acid Manufacturing Base Distribution, Sales Area, Product Type
2.5 Carboxylic Acid Market Competitive Situation and Trends
2.5.1 Carboxylic Acid Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Carboxylic Acid Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Carboxylic Acid as of 2022)
2.7 Date of Key Manufacturers Enter into Carboxylic Acid Market
2.8 Key Manufacturers Carboxylic Acid Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Carboxylic Acid Status and Outlook by Region
3.1 Global Carboxylic Acid Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Carboxylic Acid Historic Market Size by Region
3.2.1 Global Carboxylic Acid Sales in Volume by Region (2018-2023)
3.2.2 Global Carboxylic Acid Sales in Value by Region (2018-2023)
3.2.3 Global Carboxylic Acid Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Carboxylic Acid Forecasted Market Size by Region
3.3.1 Global Carboxylic Acid Sales in Volume by Region (2024-2029)
3.3.2 Global Carboxylic Acid Sales in Value by Region (2024-2029)
3.3.3 Global Carboxylic Acid Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Carboxylic Acid by Application
4.1 Carboxylic Acid Market Segment by Application
4.1.1 Food & Beverages
4.1.2 Animal Feed
4.1.3 Pharmaceuticals
4.1.4 Personal Care & Cosmetics
4.1.5 Consumer Goods
4.1.6 Lubricants
4.1.7 Agrochemicals
4.1.8 Textiles
4.1.9 Chemical Intermediates
4.2 Global Carboxylic Acid Market Size by Application
4.2.1 Global Carboxylic Acid Market Size Overview by Application (2018-2029)
4.2.2 Global Carboxylic Acid Historic Market Size Review by Application (2018-2023)
4.2.3 Global Carboxylic Acid Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Carboxylic Acid Sales Breakdown by Application (2018-2023)
4.3.2 Europe Carboxylic Acid Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Carboxylic Acid Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Carboxylic Acid Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Carboxylic Acid Sales Breakdown by Application (2018-2023)
5 North America Carboxylic Acid by Country
5.1 North America Carboxylic Acid Historic Market Size by Country
5.1.1 North America Carboxylic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Carboxylic Acid Sales in Volume by Country (2018-2023)
5.1.3 North America Carboxylic Acid Sales in Value by Country (2018-2023)
5.2 North America Carboxylic Acid Forecasted Market Size by Country
5.2.1 North America Carboxylic Acid Sales in Volume by Country (2024-2029)
5.2.2 North America Carboxylic Acid Sales in Value by Country (2024-2029)
6 Europe Carboxylic Acid by Country
6.1 Europe Carboxylic Acid Historic Market Size by Country
6.1.1 Europe Carboxylic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Carboxylic Acid Sales in Volume by Country (2018-2023)
6.1.3 Europe Carboxylic Acid Sales in Value by Country (2018-2023)
6.2 Europe Carboxylic Acid Forecasted Market Size by Country
6.2.1 Europe Carboxylic Acid Sales in Volume by Country (2024-2029)
6.2.2 Europe Carboxylic Acid Sales in Value by Country (2024-2029)
7 Asia-Pacific Carboxylic Acid by Region
7.1 Asia-Pacific Carboxylic Acid Historic Market Size by Region
7.1.1 Asia-Pacific Carboxylic Acid Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Carboxylic Acid Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Carboxylic Acid Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Carboxylic Acid Forecasted Market Size by Region
7.2.1 Asia-Pacific Carboxylic Acid Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Carboxylic Acid Sales in Value by Region (2024-2029)
8 Latin America Carboxylic Acid by Country
8.1 Latin America Carboxylic Acid Historic Market Size by Country
8.1.1 Latin America Carboxylic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Carboxylic Acid Sales in Volume by Country (2018-2023)
8.1.3 Latin America Carboxylic Acid Sales in Value by Country (2018-2023)
8.2 Latin America Carboxylic Acid Forecasted Market Size by Country
8.2.1 Latin America Carboxylic Acid Sales in Volume by Country (2024-2029)
8.2.2 Latin America Carboxylic Acid Sales in Value by Country (2024-2029)
9 Middle East and Africa Carboxylic Acid by Country
9.1 Middle East and Africa Carboxylic Acid Historic Market Size by Country
9.1.1 Middle East and Africa Carboxylic Acid Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Carboxylic Acid Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Carboxylic Acid Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Carboxylic Acid Forecasted Market Size by Country
9.2.1 Middle East and Africa Carboxylic Acid Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Carboxylic Acid Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Carboxylic Acid Products Offered
10.1.5 BASF Recent Development
10.2 Celanese Corporation
10.2.1 Celanese Corporation Company Information
10.2.2 Celanese Corporation Introduction and Business Overview
10.2.3 Celanese Corporation Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Celanese Corporation Carboxylic Acid Products Offered
10.2.5 Celanese Corporation Recent Development
10.3 Eastman Chemical Company
10.3.1 Eastman Chemical Company Company Information
10.3.2 Eastman Chemical Company Introduction and Business Overview
10.3.3 Eastman Chemical Company Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Eastman Chemical Company Carboxylic Acid Products Offered
10.3.5 Eastman Chemical Company Recent Development
10.4 Perstorp Holdings
10.4.1 Perstorp Holdings Company Information
10.4.2 Perstorp Holdings Introduction and Business Overview
10.4.3 Perstorp Holdings Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Perstorp Holdings Carboxylic Acid Products Offered
10.4.5 Perstorp Holdings Recent Development
10.5 The Dow Chemical Company
10.5.1 The Dow Chemical Company Company Information
10.5.2 The Dow Chemical Company Introduction and Business Overview
10.5.3 The Dow Chemical Company Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.5.4 The Dow Chemical Company Carboxylic Acid Products Offered
10.5.5 The Dow Chemical Company Recent Development
10.6 Alfa Aesar (Thermo Fisher Scientific)
10.6.1 Alfa Aesar (Thermo Fisher Scientific) Company Information
10.6.2 Alfa Aesar (Thermo Fisher Scientific) Introduction and Business Overview
10.6.3 Alfa Aesar (Thermo Fisher Scientific) Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Alfa Aesar (Thermo Fisher Scientific) Carboxylic Acid Products Offered
10.6.5 Alfa Aesar (Thermo Fisher Scientific) Recent Development
10.7 Ashok Alco – chem
10.7.1 Ashok Alco – chem Company Information
10.7.2 Ashok Alco – chem Introduction and Business Overview
10.7.3 Ashok Alco – chem Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Ashok Alco – chem Carboxylic Acid Products Offered
10.7.5 Ashok Alco – chem Recent Development
10.8 Finetech Industry
10.8.1 Finetech Industry Company Information
10.8.2 Finetech Industry Introduction and Business Overview
10.8.3 Finetech Industry Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Finetech Industry Carboxylic Acid Products Offered
10.8.5 Finetech Industry Recent Development
10.9 Jiangsu Sopo Group
10.9.1 Jiangsu Sopo Group Company Information
10.9.2 Jiangsu Sopo Group Introduction and Business Overview
10.9.3 Jiangsu Sopo Group Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Jiangsu Sopo Group Carboxylic Acid Products Offered
10.9.5 Jiangsu Sopo Group Recent Development
10.10 LyondellBasell Industries
10.10.1 LyondellBasell Industries Company Information
10.10.2 LyondellBasell Industries Introduction and Business Overview
10.10.3 LyondellBasell Industries Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.10.4 LyondellBasell Industries Carboxylic Acid Products Offered
10.10.5 LyondellBasell Industries Recent Development
10.11 OXEA
10.11.1 OXEA Company Information
10.11.2 OXEA Introduction and Business Overview
10.11.3 OXEA Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.11.4 OXEA Carboxylic Acid Products Offered
10.11.5 OXEA Recent Development
10.12 Shenyang Zhangming Chemical
10.12.1 Shenyang Zhangming Chemical Company Information
10.12.2 Shenyang Zhangming Chemical Introduction and Business Overview
10.12.3 Shenyang Zhangming Chemical Carboxylic Acid Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Shenyang Zhangming Chemical Carboxylic Acid Products Offered
10.12.5 Shenyang Zhangming Chemical Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Carboxylic Acid Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Carboxylic Acid Industrial Chain Analysis
11.4 Carboxylic Acid Market Dynamics
11.4.1 Carboxylic Acid Industry Trends
11.4.2 Carboxylic Acid Market Drivers
11.4.3 Carboxylic Acid Market Challenges
11.4.4 Carboxylic Acid Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Carboxylic Acid Distributors
12.3 Carboxylic Acid Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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