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Organic Acids Market By Product Type (Acetic Acid, Malic Acid, Citric Acid, Lactic Acid, Itaconic Acid, Formic Acid, Succinic Acid, Ascorbic Acid, Gluconic Acid, Propionic Acid, Fumaric Acid, Others), By End-use Industry (Feed, Food And Beverages, Industrial, Pharmaceuticals, Cosmetics & Personal Care, Agriculture) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

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Industry Outlook

The organic acids market is expected to be worth US$ 28.56 billion by 2026, with a 6.2% CAGR from 2018 to 2026. In 2017, Asia Pacific held the largest value and volume share in the global organic acids market and was projected to be the fastest-growing region between 2018 and 2026.

The organic acid is basically defined as a type of organic compound that has various acidic properties. These are members of the weak acid group that do not dissolve in water. Organic acids are miscible and have a low molecular mass. However, benzoic acids that have a high molecular mass are basically not soluble in their neutral form. The most basic forms of organic acids, such as formic and acetic acids, are used in the stimulation of oil and gas. These acids are also used for corrosion treatment. Organic acids find application in feed, food and beverages, pharmaceuticals, the agricultural industry, and the personal care industry, among others. These are also used in the manufacture of herbal insecticides, various lubricants, perfumes, colors and dyes, and household cleaners, among others.

Production of organic acids involves various agricultural residues that include wheat bran, coffee husk, cassava bagasse, citric pulps, apple pomace, sugarcane, soybean, corn cobs, press mud, and kiwi fruit peel, among others. Organic acids are also synthetically produced on a wide scale for various commercial applications that include surfactants, catalysts, and dyes, among others. Formaldehyde is basically used in the production of organic acids as an antimicrobial agent. Glycerine is mainly used as an energy source in the production of organic acids. Other feedstock used in organic acid production includes oil, amino acids, sulfuric acid, proteins, enzymes, and salts of acids, among others.

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An increasing focus on producing bio-based organic acids is expected to drive the global organic acids market. The increase in stringent regulations on conventional organic acids is mainly boosting the growth of this market. Key players are focusing on merger and acquisition strategies to cater to the growing demand for bio-based organic acids. For example, in August 2017, BioAmber entered into a partnership agreement with Mitsui and acquired a biobased acid plant located in Sarnia, Canada. The market is primarily driven by the increasing use of dietary microencapsulated organic acids, followed by increased applications in the food and beverage industry. The increased use of organic acids in pharmaceuticals is also expected to drive demand for this market. Lactic acids play an important role in drug manufacture. The primary functions of lactic acid in pharmaceutical applications include chiral intermediates, pH regulation, metal sequestration, and various natural constituents in various pharmaceutical products. The growing use of organic acids in the cosmetic and personal care industries is another factor bolstering the market growth. The applications of lactic acid in the cosmetic industry include moisturizers, skin rejuvenating and lightening agents, PH regulators, humectants, and anti-acne agents, among others.

Organic acids are also utilized in the petrochemical industry in the production of various end-use and intermediate petrochemical products. However, stringent regulations by the government on the synthetic production of organic acids are restraining the market’s growth. In addition, increasing focus on various research and development activities by key manufacturers to produce organic acids from various bio-based sources is acting as an opportunity factor in the growth of this market during the forecast period from 2018 to 2026. The increasing use of organic acids in the feed industry is also expected to boost demand in this market. Organic acids are the most cost-effective feed additives and aim at the preservation of silage and feed. Organic acids are also effective in maintaining the nutritional value of feed, which basically aims to improve nutrient digestibility and animal performance. All these factors are expected to boost the demand for organic acids during the forecast period from 2018 to 2026.

Market Synopsis

Acetic acid is the largest segment by product type in the global organic acid market.

The increasing demand for acetic acid in the manufacture of vinyl acetate monomer (VAM) and purified terephthalic acid (PTA) is mainly driving the global organic acids market. Growing demand for VAM in the food and beverage industry, mainly for preservatives and food packaging, is expected to drive the acetic acid segment in the global organic acids market. It is also heavily consumed in producing diketone, monochloroacetic acid, chemicals, and camphor, among others. Acetic acid is also used as a raw material in various chemicals, including vinegar. Vinegar finds application in cooking, and its demand as a food ingredient is showing an upward trend. Consumer awareness related to the health benefits of vinegar in recommended quantities is expected to spur its demand for food items. With the rapidly growing food industry, vinegar application is expected to rise, which in turn is expected to fuel the demand for acetic acid during the forecast period from 2018 to 2026.

Acetic anhydride, which is a type of acetic acid, finds application in the production of various medicines that, include aspirin and acetaminophen. In addition, it is also used to preserve frozen food, mainly meat, with the objective of enhancing the shelf life and thereby keeping it fresh. Acetic acid also acts as an intermediary for formulating greases, coatings, sealants, and polyester that mainly finds application in various end-user industries that, include automotive, electronics, packaging, and textiles. A growing trend among youngsters for superior-quality fabrics and fashionable apparel produced by mills is expected to drive demand for the textile industry.

In January 2017, Avantium, a leading chemical technology company based in the Netherlands, acquired Liquid Light. The company’s patent portfolio includes acetic acid for the production of coatings, polymers, and cosmetics. This acquisition was aimed at the development of a powerful technology platform based on CO2 feedstock that basically turns waste into various valuable products that, include plastics and chemicals, among others.

Organic Acids Market Growth is Being Driven by the Food and Beverage Segment

The growing penetration of organic acids in food preservation is expected to drive the global market. Organic acids are basically used in various foods to preserve their shelf life owing to their antibacterial and antioxidant properties. Formic acid is also used in combination with hydrogen peroxide in the production of epoxidized soybean oil as an oxidizing agent. Lactic acid, a type of organic acid, also finds application in the food industry. The primary functions of lactic acid for food applications include acidulation, preservatives, flavoring agents, PH regulators, and mineral fortification. Organic acids also contribute to the sensory properties of food by providing aroma and taste. The increasing application of citric acid in soft drinks that aims to provide the sour taste of citrus fruits is also expected to drive the overall market. Fumaric acid is also used as an acidulant in baking powder, and propionic acid also finds application as a preservative in baked goods that basically kills bacteria and prevents the growth of molds. Owing to such properties and applications of different organic acids, the global market is expected to show steady growth during the forecast period from 2018 to 2026. However, organic acids’ application in food is regulated in various countries, and the amount and type are constantly monitored with the objective of ensuring that the food is safe for consumption and also complies with regulations.

Asia Pacific is the largest region in the global market for organic acids.

Globally, Asia-Pacific accounted for the largest share of the organic acid market. India and China are the key countries in the Asia-Pacific organic acid market. The growth is mainly attributed to the growing demand for organic acids in the pharmaceutical and food, and beverage industries. Increasing awareness among consumers related to the health benefits of organic acids is also expected to propel the growth of this market during the forecast period from 2018 to 2026. Less stringent regulations over the marketing and trading of food additives are also expected to bolster the demand for organic acids, which in turn enables the manufacturers to reduce their operational costs and offer competitive pricing for organic acids in the global market. In the global organic acid market, North America and Europe trailed Asia-Pacific. Strict regulations implemented to control the application of synthetic organic acids are restraining the growth of these markets. As a result, rising demand for bio-based organic acids is expected to open up new opportunities in the organic acids markets of North America and Europe.

New product development, followed by capacity expansion, is the key strategy adopted by the manufacturers.

Key players operating in the global organic acids market include The Dow Chemical Company, Archer Daniels Midland Company, Cargill, Inc., BASF SE, E.I. Dupont De Nemours and Company, Celanese Corporation, Eastman Chemical Company, Myriant Corporation, Henan Jindan Lactic Acid Technology and Co., and Tate and Lyle Plc., among others. For example, in March 2017, BASF SE launched an organic acid called Lupron-Mix® NA. This new product aims to make animal drinking water safer by suppressing the growth of microorganisms and thereby improving acidification. In April 2018, Celanese Corporation, based in the U.S., announced plans to increase the production capacity of acetic acid and vinyl acetate monomer (VAM) at its global manufacturing facilities. The company also projects that it will add 150 KT per year of VAM and 140 KT per year of acetic acid by 2020 to meet the growing demand for organic acids.

Periods of History and Forecast

This research considers 2017 as the base year and presents an analysis of segments from 2016 to 2026. In addition, the forecast period from 2018 to 2026 is considered for the compound annual growth rate (CAGR) calculation for each respective segment.

Report Scope by Segments

The global market for organic acids mainly focuses on quantitative and qualitative analysis of the overall market. The report also represents an understanding of the current strategies and market dynamics prevailing in the market. The report covers the global organic acids market by segmenting the market in terms of product type, application, and geography.

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Key questions are answered in this report.

  • Who are the distributors, traders, and dealers of organic acids?
  • What is expected to be the largest product type, application, and geography segments in the market during the forecast period from 2018 to 2026?
  • What are the fastest-growing segments in the market for the forecast period?
  • What are the current market trends in the organic acids market, and what opportunities exist for players?
  • How does the regulatory framework affect global as well as regional markets?
  • Which are the key players operating in the global market, and what are the strategies they have adopted?
  • What are the sales, revenue, business strategy, and product portfolio of the top manufacturers of organic acids on the market?
  • What are the market size and trends in emerging and developed markets?

Chapter 1 Preface 14
1.1 Report Scope and Description 14
1.1.1 Study Purpose 14
1.1.2 Target Audience 14
1.1.3 USP and Key Offerings 14
1.2 Research Scope 15
1.3 Research Methodology 16
1.3.1 Phase I – Secondary Research 16
1.3.2 Phase II – Primary Research 17
1.3.3 Phase III – Expert Panel Review 17
1.3.4 Approach Adopted 17
1.3.5 Top-Down Approach 18
1.3.6 Bottom-Up Approach 18
1.3.7 Assumptions 19
1.4 Market Segmentation 19

Chapter 2 Executive Summary 20
2.1 Market Snapshot: Global OA Market 21
2.1.1 Global OA Market, by Product Type, 2017 (Kilo Tons) (US$ Bn) 23
2.1.2 Global OA Market, by End-use Industry, 2017 (Kilo Tons) (US$ Bn) 23
2.1.3 Global OA Market, by Geography, 2017 (Kilo Tons) (US$ Bn) 24

Chapter 3 Market Dynamics 25
3.1 Introduction 25
3.2 Market Dynamics 26
3.2.1 Market Drivers 26
3.2.1.1 Growing demand in Food and Beverages Industry 26
3.2.1.2 Driver 2 27
3.2.1.3 Driver 3 27
3.2.2 Market Restraints 28
3.2.2.1 Restraint 1 28
3.2.2.2 Restraint 2 29
3.2.3 Market Opportunities 30
3.2.3.1 Opportunity 1 30
3.2.3.2 Opportunity 2 30
3.3 Attractive Investment Proposition, by Geography, 2017 31
3.4 Market Positioning of Key Players, 2017 32

Chapter 4 Global Organic Acids (OA) Market, by Product Type 33
4.1 Overview 33
4.1.1 Global OA Market Value Share, by Product Type, 2017 & 2026 (Value, %) 34
4.1.2 Global OA Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 34
4.2 Acetic Acid 35
4.2.1 Global Acetic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 36
4.3 Malic Acid 37
4.3.1 Global Malic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 37
4.4 Citric Acid 38
4.4.1 Global Citric Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 38
4.5 Lactic Acid 39
4.5.1 Global Lactic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 39
4.6 Itaconic Acid 40
4.6.1 Global Itaconic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 40
4.7 Formic Acid 41
4.7.1 Global Formic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 41
4.8 Succinic Acid 42
4.8.1 Global Succinic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 42
4.9 Ascorbic Acid 43
4.9.1 Global Ascorbic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 43
4.10 Gluconic Acid 44
4.10.1 Global Gluconic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 44
4.11 Propionic Acid 45
4.11.1 Global Propionic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 45
4.12 Fumaric Acid 46
4.12.1 Global Fumaric Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 46
4.13 Others (Succinic Acid, Tartaric Acid, Butyric Acid, etc.) 47
4.13.1 Global Others OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 47

Chapter 5 Global Organic Acids (OA) Market, by End-use Industry 48
5.1 Overview 48
5.1.1 Global OA Market Value Share, by End-use Industry, 2017 & 2026 (Value, %) 49
5.1.2 Global OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 49
5.2 Feed 50
5.2.1 Livestock Feed 50
5.2.1.1 Global OA Market, by Livestock Feed, 2016 – 2026 (Kilo Tons) (US$ Bn) 50
5.2.2 Animal Feed 51
5.2.2.1 Global OA Market, by Animal Feed, 2016 – 2026 (Kilo Tons) (US$ Bn) 51
5.3 Food and Beverages 52
5.3.1 Global OA Market, by Food and Beverages, 2016 – 2026 (Kilo Tons) (US$ Bn) 53
5.4 Industrial 53
5.4.1 Global OA Market, by Industrial, 2016 – 2026 (Kilo Tons) (US$ Bn) 54
5.5 Pharmaceuticals 54
5.5.1 Global OA Market, by Pharmaceuticals, 2016 – 2026 (Kilo Tons) (US$ Bn) 55
5.6 Cosmetics & personal care 55
5.6.1 Global OA Market, by Cosmetics & personal care, 2016 – 2026 (Kilo Tons) (US$ Bn) 56
5.7 Agriculture 56
5.7.1 Global OA Market, by Agriculture, 2016 – 2026 (Kilo Tons) (US$ Bn) 57

Chapter 6 Global Organic Acids (OA) Market, by Geography 58
6.1 Overview 58
6.1.1 Global OA Market Value Share, by Geography, 2017 & 2026 (Value %) 59
6.1.2 Global OA Market, by Geography 2016 – 2026 (Kilo Tons) (US$ Bn) 59
6.2 North America 60
6.2.1 North America OA Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 61
6.2.2 North America OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 61
6.2.3 North America OA Market, by Country (Kilo Tons) (US$ Bn) 62
6.3 Europe 64
6.3.1 Europe OA Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 64
6.3.2 Europe OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 65
6.3.3 Europe OA Market, by Country/Region (Kilo Tons) (US$ Bn) 66
6.4 Asia Pacific(APAC) 66
6.4.1 APAC OA Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 67
6.4.2 APAC OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 68
6.4.3 APAC OA Market, by Country/Region (Kilo Tons) (US$ Bn) 69
6.5 Latin America(LATAM) 70
6.5.1 LATAM OA Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 70
6.5.2 LATAM OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 71
6.5.3 LATAM OA Market, by Country/Region (Kilo Tons) (US$ Bn) 72
6.6 Middle East & Africa(MEA) 73
6.6.1 MEA OA Market, by Product Type, 2016 – 2026 (Kilo Tons) (US$ Bn) 73
6.6.2 MEA OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) (US$ Bn) 74
6.6.3 MEA OA Market, by Region (Kilo Tons) (US$ Bn) 75

Chapter 7 Company Profiles 77
7.1 BASF S.E. 77
7.2 The Dow Chemical Company 79
7.3 Archer Daniels Midland Company 80
7.4 Cargill, Inc 81
7.5 E.I. Dupont De Nemours and Company 82
7.6 Calanese Corporation 83
7.7 Eastman Chemical Company 84
7.8 Myriant Corporation 85
7.9 Henan Jindan Lactic Acid Technology and Co. 86
7.10 Tate and Lyle Plc 87

List of Figures

FIG. 1 Global Organic Acids (OA) Market: Research Methodology 15
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach 17
FIG. 3 Global OA Market Segmentation 18
FIG. 4 Global OA Market, by Product Type, 2017 (Kilo Tons) (US$ Bn) 22
FIG. 5 Global OA Market, by End-use Industry, 2017 (Kilo Tons) (US$ Bn) 22
FIG. 6 Global OA Market, by Geography, 2017 (Kilo Tons) (US$ Bn) 23
FIG. 7 Attractive Investment Proposition, by Geography, 2017 30
FIG. 8 Global Market Positioning of Key Organic Acids Manufacturers, 2017 31
FIG. 9 Global OA Market Value Share, by Product Type, 2017 & 2026 (Value, %) 33
FIG. 10 Global Acetic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 35
FIG. 11 Global Malic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 36
FIG. 12 Global Citric Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 37
FIG. 13 Global Lactic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 38
FIG. 14 Global Itaconic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 39
FIG. 15 Global Formic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 40
FIG. 16 Global Succinic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 41
FIG. 17 Global Ascorbic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 42
FIG. 18 Global Gluconic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 43
FIG. 19 Global Propionic Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 44
FIG. 20 Global Fumaric Acid OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 45
FIG. 21 Global Others OA Market, 2016 – 2026 (Kilo Tons) (US$ Bn) 46
FIG. 22 Global OA Market Value Share, by End-use Industry, 2017 & 2026 (Value, %) 48
FIG. 23 Global OA Market, by Livestock Feed, 2016 – 2026 (Kilo Tons) (US$ Bn) 49
FIG. 24 Global OA Market, by Animal Feed, 2016 – 2026 (Kilo Tons) (US$ Bn) 51
FIG. 25 Global OA Market, by Food and Beverages, 2016 – 2026 (Kilo Tons) (US$ Bn) 52
FIG. 26 Global OA Market, by Industrial, 2016 – 2026 (Kilo Tons) (US$ Bn) 53
FIG. 27 Global OA Market, by Pharmaceuticals, 2016 – 2026 (Kilo Tons) (US$ Bn) 54
FIG. 28 Global OA Market, by Cosmetics & personal care, 2016 – 2026 (Kilo Tons) (US$ Bn) 55
FIG. 29 Global OA Market, by Agriculture, 2016 – 2026 (Kilo Tons) (US$ Bn) 56
FIG. 30 Global OA Market Value Share, by Geography, 2017 & 2026 (Value %) 58

List of Tables

TABLE 1 Market Snapshot: Global Organic Acids (OA) Market Volume 20
TABLE 2 Market Snapshot: Global OA Market Value 21
TABLE 3 Global OA Market, by Product Type, 2016 – 2026 (Kilo Tons) 33
TABLE 4 Global OA Market, by Product Type 2016 – 2026 (US$ Bn) 33
TABLE 5 Global OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) 48
TABLE 6 Global OA Market, by End-use Industry, 2016 – 2026 (US$ Bn) 49
TABLE 7 Global OA Market, by Geography 2016 – 2026 (Kilo Tons) 58
TABLE 8 Global OA Market, by Geography 2016 – 2026 (US$ Bn) 59
TABLE 9 North America OA Market, by Product Type, 2016 – 2026 (Kilo Tons) 60
TABLE 10 North America OA Market, by Product Type, 2016 – 2026 (US$ Bn) 60
TABLE 11 North America OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) 60
TABLE 12 North America OA Market, by End-use Industry, 2016 – 2026 (US$ Bn) 61
TABLE 13 North America OA Market, by Country 2016 – 2026 (Kilo Tons) 61
TABLE 14 North America OA Market, by Country 2016 – 2026 (US$ Bn) 62
TABLE 15 Europe OA Market, by Product Type, 2016 – 2026 (Kilo Tons) 63
TABLE 16 Europe OA Market, by Product Type, 2016 – 2026 (US$ Bn) 63
TABLE 17 Europe OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) 64
TABLE 18 Europe OA Market, by End-use Industry, 2016 – 2026 (US$ Bn) 64
TABLE 19 Europe OA Market, by Country/Region 2016 – 2026 (Kilo Tons) 65
TABLE 20 Europe OA Market, by Country/Region 2016 – 2026 (US$ Bn) 65
TABLE 21 APAC OA Market, by Product Type, 2016 – 2026 (Kilo Tons) 66
TABLE 22 APAC OA Market, by Product Type, 2016 – 2026 (US$ Bn) 66
TABLE 23 APAC OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) 67
TABLE 24 APAC OA Market, by End-use Industry, 2016 – 2026 (US$ Bn) 67
TABLE 25 APAC OA Market, by Country/Region, 2016 – 2026 (Kilo Tons) 68
TABLE 26 APAC OA Market, by Country/Region, 2016 – 2026 (US$ Bn) 68
TABLE 27 LATAM OA Market, by Product Type, 2016 – 2026 (Kilo Tons) 69
TABLE 28 LATAM OA Market, by Product Type, 2016 – 2026 (US$ Bn) 70
TABLE 29 LATAM OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) 70
TABLE 30 LATAM OA Market, by End-use Industry, 2016 – 2026 (US$ Bn) 70
TABLE 31 LATAM OA Market, by Country/Region 2016 – 2026 (Kilo Tons) 71
TABLE 32 LATAM OA Market, by Country/Region, 2016 – 2026 (US$ Bn) 71
TABLE 33 MEA OA Market, by Product Type, 2016 – 2026 (Kilo Tons) 72
TABLE 34 MEA OA Market, by Product Type, 2016 – 2026 (US$ Bn) 73
TABLE 35 MEA OA Market, by End-use Industry, 2016 – 2026 (Kilo Tons) 73
TABLE 36 MEA OA Market, by End-use Industry, 2016 – 2026 (US$ Bn) 74
TABLE 37 MEA OA Market, by Region, 2016 – 2026 (Kilo Tons) 74
TABLE 38 MEA OA Market, by Region, 2016 – 2026 (US$ Bn) 74
TABLE 39 BASF S.E.: Company Snapshot (Business Description; Product/Business Portfolio; Financial Information; Business Overview and Recent Development) 76
TABLE 40 The Dow Chemical Company: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 78
TABLE 41 Archer Daniels Midland Company: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 79
TABLE 42 Cargill, Inc: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 80
TABLE 43 E.I. Dupont De Nemours and Company.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 81
TABLE 44 Calanese Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 82
TABLE 45 Eastman Chemical Company.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 83
TABLE 46 Myriant Corporation: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 84
TABLE 47 Henan Jindan Lactic Acid Technology and Co.: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 85
TABLE 48 Tate and Lyle Plc: Company Snapshot (Business Description; Product Portfolio; Financial Information; Business Overview and Recent Development) 86

Frequently Asked Questions:

What is the size of Organic Acids Market?

The market for Organic Acids is expected to reach US$ 28.56 Bn in 2026.

What is the Organic Acids Market CAGR?

The Organic Acids market is expected to see significant CAGR growth over the coming years,at 6.2%.

What is the Forecast period considered for Organic Acids Market?

The report is forecasted from 2018-2026.

What is the base year considered for Organic Acids Market?

The base year of this report is 2017.

Who are the major players in this Market?

BASF S.E. 77,The Dow Chemical Company 79,Archer Daniels Midland Company 80,Cargill, Inc 81,E.I. Dupont De Nemours and Company 82 are some of the major players in the global market.

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