Carboxylic Acids Market- Global Industry Analysis Forecast 2015-2023

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Research

Carboxylic Acids Market - Global Industry Analysis,

Size, Share, Growth, Trends and Forecast 2015 - 2023

Published Date

15-July-2015

185 Page Report

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Carboxylic Acids Market is Expected to Reach US$ 18.49 Bn in

2023 : TMR

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Carboxylic Acids Market

REPORT DESCRIPTION

Carboxylic Acids Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023

Transparency Market Research has published a new report titled “Carboxylic Acids Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global

carboxylic acids market was valued at US$ 12.14 Bn in 2014 and is anticipated to reach US$ 18.49 Bn by

2023, expanding at a CAGR of 4.9% between 2015 and 2023. In terms of volume, the global carboxylic acids

market stood at 17.82 million tons in 2014.

Browse the full Carboxylic Acids Market for Food & Beverages, Animal Feed, Pharmaceuticals,

Personal Care & Cosmetics, Consumer Goods, Lubricants, and Other End-users - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2023 report at :

http://www.transparencymarketresearch.com/carboxylic-acids-market.html

The market for carboxylic acids is largely driven by growth of vinyl acetate monomer (VAM) in the food

packaging industry; high demand for stearic, butyric, and valeric acid in the personal care & cosmetics

industry; and rising usage of organic acids as growth promoters in animal feed. However, factors such as

enactment of stringent government regulations on the production of petro-based carboxylic acids and

availability of organic and natural substitutes in the animal feed industry hamper market market. End-use

industries such as lubricants, rubber, and agrochemicals are likely to...