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Carboxylic Acids Market- Global Industry Analysis Forecast 2015-2023

  • Date Submitted: 07/27/2015 01:55 AM
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Transparency Market
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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Press Release

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...

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