The global organic acid market is growing at a CAGR of 5.8% during the forecast period 2019-2025. Organic acids are weak acids that do not dissociate completely in water when compared to inorganic acids. Organic acids such as formic and lactic acid can be mixed in water. However, high molecular weight organic acids such as benzoic acid are completely insoluble in their neutral form. Lactic and formic acids have traditionally been produced through fermentation processes, but advances in biotechnology and advances in chemical synthesis have replaced the initial fermentation process. In addition, various agricultural industry residues such as cassava bar gas, coffee husks, apple grounds, soybeans, sugarcane, corn cobs, pressed mud, citric acid pulp, bran and kiwi fruit peels are being deployed for organic acid production.
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The following players are covered in this report:
- Dow Chemical
- Tate & Lyle
- Calanese Corporation
- Myriant Corporation
- Henan Jindan Lactic Acid Technology
Organic Acid Market Segmentation by Type
- Acetic Acid
- Citric Acid
- Formic Acid
- Propionic Acid
Organic Acid Market Segmentation by Application
- Food & Beverage
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Scope of the Report
The research study analyses the global Organic Acid industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Organic Acid Market Report
1. What was the Organic Acid Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
2. What will be the CAGR of Organic Acid Market during the forecast period (2019-2025)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2019-2025).
4. Which manufacturer/vendor/players in the Organic Acid Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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