Report overview
An organic acid is an organic compound with acidic properties. The most common organic acids are the carboxylic acids, whose acidity is associated with their carboxyl group ?COOH. Sulfonic acids, containing the group ?SO2OH, are relatively stronger acids. Alcohols, with ?OH, can act as acids but they are usually very weak. The relative stability of the conjugate base of the acid determines its acidity. Other groups can [also] confer acidity, usually weakly: the thiol group ?SH, the enol group, and the phenol group. In biological systems, organic compounds containing these groups are generally referred to as organic acids.
This report aims to provide a comprehensive presentation of the global market for Organic Acids, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Organic Acids. This report contains market size and forecasts of Organic Acids in global, including the following market information:
Global Organic Acids Market Revenue, 2019-2024, 2024-2029, ($ millions)
Global Organic Acids Market Sales, 2019-2024, 2024-2029, (K MT)
Global top five Organic Acids companies in 2023 (%)
The global Organic Acids market was valued at US$ 24180 million in 2023 and is projected to reach US$ 26020 million by 2029, at a CAGR of 1.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of organic acid include Celanese, BP, Jiangsu Sopo, Huayi, Eastman, etc. Global top five manufacturers hold a share over 32%. The key players are mainly located in North America, China, South Korea, Middle East, Europe and Japan. In terms of product, acetic acid is the largest segment, with a share over 70%. And in terms of application, the largest application is industrial, with a share over 60%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Organic Acids manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Organic Acids Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Organic Acids Market Segment Percentages, by Type, 2023 (%)
Acetic Acid
Citric Acid
Formic Acid
Lactic Acid
Propionic Acid
Global Organic Acids Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Organic Acids Market Segment Percentages, by Application, 2023 (%)
Food & Beverages
Feed
Pharmaceuticals
Industrial
Other
Global Organic Acids Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (K MT)
Global Organic Acids Market Segment Percentages, By Region and Country, 2023 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Organic Acids revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Organic Acids revenues share in global market, 2023 (%)
Key companies Organic Acids sales in global market, 2019-2024 (Estimated), (K MT)
Key companies Organic Acids sales share in global market, 2023 (%)
Further, the report presents profiles of competitors in the market, key players include:
Cargill
BASF
Dupont
Henan Jindan Lactic Acid Technology
Archer Daniels Midland
Eastman Chemical
Myriant
Corbion
Koninklijke DSM
Tate & Lyle
Polynt-Reichhold
Outline of Major Chapters:
Chapter 1: Introduces the definition of Organic Acids, market overview.
Chapter 2: Global Organic Acids market size in revenue and volume.
Chapter 3: Detailed analysis of Organic Acids manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Organic Acids in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Organic Acids capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
