Organic acid market by type and application during forecast period by 2022

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Organic Acids Market is rising at a CAGR of 7.1% expected to reach USD 20,232.6 million during the forecast period of 2017 to 2022, according to the latest report by Meticulous Research.

The organic acids market research report is used to determine the growing use of organic acids in the wide range of applications, increasing focus on producing bio-based organic acids, growing use of dietary microencapsulated organic acids, and increasing demand from developing economies. 
There are the different types of acids like acetic acid, citric acid, propionic acid, formic acid, lactic acid, ascorbic acid, fumaric acid, malic acid and others.



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The Acetic acid dominates the global organic acids market and is expected to continue its dominance in the next five years. Acetic acid is widely used in various applications such as the production of synthetic fibers and polymeric materials. Also, owing to their properties such as pH controller, antioxidant, and preservative; the demand for organic acids has been increasing significantly in the food and beverage and animal products.

The global organic acids market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. These regions are further analyzed at a country level with the detailed qualitative and quantitative analysis. Asia Pacific region accounted for the major share in the global organic acids market in 2016, followed by North America, and Europe. 

The leading companies  in the global organic acids market are Archer Daniels Midland Company, Cargill, Incorporated, Polynt- Reichhold, E. I. du Pont de Nemours and Company, Tate & Lyle PLC, Myriant Corporation, Eastman Chemical Company, Henan Jindan Lactic Acid Technology Co., Ltd, BASF SE, The Dow Chemical Company, Celanese Corporation, Koninklijke DSM N.V., Corbion N.V, and BioAmber Inc.

Download Report: https://www.meticulousresearch.com/download-sample-report/?cp_id=3055

About Meticulous Research®
Meticulous Research® is founded in 2010 and incorporated as Meticulous Market Research Pvt. Ltd. in 2013 as a private limited company under the Companies Act, 1956. Since its incorporation, the company has become the leading provider of premium market intelligence in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.

Contact Us:

Viren Shrivastava

AVP- Global Sales and Marketing
Meticulous Research®
Tel: +1-646-781-8004
Email: viren@meticulousresearch.com



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