The global bi-based organic acids market is expected to grow at a CAGR of 6.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for bi-based organic acids in various applications such as chemical products, food products, coatings, lubricating oils and pharmaceuticals. Bi-based organic acids are also used in cosmetics and personal care products due to their antimicrobial properties and ability to reduce skin irritation caused by harsh chemicals.
The global bi-based organic acid market is segmented on the basis of type into acetic acid, formic acid, citric acid, lactic acid, succinic acid and ascorbic acid; on the basis of application into chemical products (such as solvents), food products (such as preservatives), coatings (such as paint), lubricating oils (such as hydraulic fluids) and pharmaceuticals; and on the basis of region into North America (NA), Latin America (LA), Europe (EU) Asia Pacific & Middle East & Africa(APMEA).
Some Of The Growth Factors Of This Market:
- Bio-based organic acids are used in the production of polymers, plastics, and other materials.
- The demand for bio-based organic acids is expected to increase due to the increasing demand for biodegradable plastics and packaging materials.
- Bio-based organic acids are used as an alternative to petroleum based chemicals in various industries such as textiles, food processing, pharmaceuticals, and cosmetics.
- Increasing environmental concerns about the use of fossil fuels will drive the growth of this market.
Industry Growth Insights published a new data on “Bio-Based Organic Acids Market”. The research report is titled “Bio-Based Organic Acids Market research by Types (Acetic Acid, Formic Acid, Citric Acid, Lactic Acid, Succinic Acid, Ascorbic Acid, Fumaric Acid, Gluconic Acid, Other), By Applications (Chemical products, Food Products, Coatings, Lubricating Oils, Pharmaceuticals, Cosmetics, Other), By Players/Companies Abengoa, BASF SE, BioAmber Inc., Cargill, Corbion NV, Zhejiang Hisun, Novozymes A / S, Methanex, Mitsubishi Chemical, Mitsui?Co.Ltd”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio-Based Organic Acids Market Research Report
By Type
Acetic Acid, Formic Acid, Citric Acid, Lactic Acid, Succinic Acid, Ascorbic Acid, Fumaric Acid, Gluconic Acid, Other
By Application
Chemical products, Food Products, Coatings, Lubricating Oils, Pharmaceuticals, Cosmetics, Other
By Companies
Abengoa, BASF SE, BioAmber Inc., Cargill, Corbion NV, Zhejiang Hisun, Novozymes A / S, Methanex, Mitsubishi Chemical, Mitsui?Co.Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Bio-Based Organic Acids Market Report Segments:
The global Bio-Based Organic Acids market is segmented on the basis of:
Types
Acetic Acid, Formic Acid, Citric Acid, Lactic Acid, Succinic Acid, Ascorbic Acid, Fumaric Acid, Gluconic Acid, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Chemical products, Food Products, Coatings, Lubricating Oils, Pharmaceuticals, Cosmetics, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abengoa
- BASF SE
- BioAmber Inc.
- Cargill
- Corbion NV
- Zhejiang Hisun
- Novozymes A / S
- Methanex
- Mitsubishi Chemical
- Mitsui?Co.Ltd
Highlights of The Bio-Based Organic Acids Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acetic Acid
- Formic Acid
- Citric Acid
- Lactic Acid
- Succinic Acid
- Ascorbic Acid
- Fumaric Acid
- Gluconic Acid
- Other
- By Application:
- Chemical products
- Food Products
- Coatings
- Lubricating Oils
- Pharmaceuticals
- Cosmetics
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bio-Based Organic Acids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bio-based organic acids are organic compounds that are derived from biological sources. These acids can be used to produce a variety of products, including pharmaceuticals and other chemicals.
Some of the key players operating in the bio-based organic acids market are Abengoa, BASF SE, BioAmber Inc., Cargill, Corbion NV, Zhejiang Hisun, Novozymes A / S, Methanex, Mitsubishi Chemical, Mitsui?Co.Ltd.
The bio-based organic acids market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bio-Based Organic Acids Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bio-Based Organic Acids Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bio-Based Organic Acids Market - Supply Chain
4.5. Global Bio-Based Organic Acids Market Forecast
4.5.1. Bio-Based Organic Acids Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bio-Based Organic Acids Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bio-Based Organic Acids Market Absolute $ Opportunity
5. Global Bio-Based Organic Acids Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bio-Based Organic Acids Market Size and Volume Forecast by Type
5.3.1. Acetic Acid
5.3.2. Formic Acid
5.3.3. Citric Acid
5.3.4. Lactic Acid
5.3.5. Succinic Acid
5.3.6. Ascorbic Acid
5.3.7. Fumaric Acid
5.3.8. Gluconic Acid
5.3.9. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bio-Based Organic Acids Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bio-Based Organic Acids Market Size and Volume Forecast by Application
6.3.1. Chemical products
6.3.2. Food Products
6.3.3. Coatings
6.3.4. Lubricating Oils
6.3.5. Pharmaceuticals
6.3.6. Cosmetics
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bio-Based Organic Acids Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bio-Based Organic Acids Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bio-Based Organic Acids Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bio-Based Organic Acids Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bio-Based Organic Acids Demand Share Forecast, 2019-2029
9. North America Bio-Based Organic Acids Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bio-Based Organic Acids Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bio-Based Organic Acids Market Size and Volume Forecast by Application
9.4.1. Chemical products
9.4.2. Food Products
9.4.3. Coatings
9.4.4. Lubricating Oils
9.4.5. Pharmaceuticals
9.4.6. Cosmetics
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bio-Based Organic Acids Market Size and Volume Forecast by Type
9.7.1. Acetic Acid
9.7.2. Formic Acid
9.7.3. Citric Acid
9.7.4. Lactic Acid
9.7.5. Succinic Acid
9.7.6. Ascorbic Acid
9.7.7. Fumaric Acid
9.7.8. Gluconic Acid
9.7.9. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bio-Based Organic Acids Demand Share Forecast, 2019-2029
10. Latin America Bio-Based Organic Acids Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bio-Based Organic Acids Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bio-Based Organic Acids Market Size and Volume Forecast by Application
10.4.1. Chemical products
10.4.2. Food Products
10.4.3. Coatings
10.4.4. Lubricating Oils
10.4.5. Pharmaceuticals
10.4.6. Cosmetics
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bio-Based Organic Acids Market Size and Volume Forecast by Type
10.7.1. Acetic Acid
10.7.2. Formic Acid
10.7.3. Citric Acid
10.7.4. Lactic Acid
10.7.5. Succinic Acid
10.7.6. Ascorbic Acid
10.7.7. Fumaric Acid
10.7.8. Gluconic Acid
10.7.9. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bio-Based Organic Acids Demand Share Forecast, 2019-2029
11. Europe Bio-Based Organic Acids Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bio-Based Organic Acids Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bio-Based Organic Acids Market Size and Volume Forecast by Application
11.4.1. Chemical products
11.4.2. Food Products
11.4.3. Coatings
11.4.4. Lubricating Oils
11.4.5. Pharmaceuticals
11.4.6. Cosmetics
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bio-Based Organic Acids Market Size and Volume Forecast by Type
11.7.1. Acetic Acid
11.72. Formic Acid
11.7.3. Citric Acid
11.7.4. Lactic Acid
11.7.5. Succinic Acid
11.7.6. Ascorbic Acid
11.7.7. Fumaric Acid
11.7.8. Gluconic Acid
11.7.9. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bio-Based Organic Acids Demand Share, 2019-2029
12. Asia Pacific Bio-Based Organic Acids Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bio-Based Organic Acids Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bio-Based Organic Acids Market Size and Volume Forecast by Application
12.4.1. Chemical products
12.4.2. Food Products
12.4.3. Coatings
12.4.4. Lubricating Oils
12.4.5. Pharmaceuticals
12.4.6. Cosmetics
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bio-Based Organic Acids Market Size and Volume Forecast by Type
12.7.1. Acetic Acid
12.7.2. Formic Acid
12.7.3. Citric Acid
12.7.4. Lactic Acid
12.7.5. Succinic Acid
12.7.6. Ascorbic Acid
12.7.7. Fumaric Acid
12.7.8. Gluconic Acid
12.7.9. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bio-Based Organic Acids Demand Share, 2019-2029
13. Middle East & Africa Bio-Based Organic Acids Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bio-Based Organic Acids Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bio-Based Organic Acids Market Size and Volume Forecast by Application
13.4.1. Chemical products
13.4.2. Food Products
13.4.3. Coatings
13.4.4. Lubricating Oils
13.4.5. Pharmaceuticals
13.4.6. Cosmetics
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bio-Based Organic Acids Market Size and Volume Forecast by Type
13.7.1. Acetic Acid
13.7.2. Formic Acid
13.7.3. Citric Acid
13.7.4. Lactic Acid
13.7.5. Succinic Acid
13.7.6. Ascorbic Acid
13.7.7. Fumaric Acid
13.7.8. Gluconic Acid
13.7.9. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bio-Based Organic Acids Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Bio-Based Organic Acids Market: Market Share Analysis
14.2. Bio-Based Organic Acids Distributors and Customers
14.3. Bio-Based Organic Acids Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abengoa
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BASF SE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BioAmber Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Cargill
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Corbion NV
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Zhejiang Hisun
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Novozymes A / S
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Methanex
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mitsubishi Chemical
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mitsui?Co.Ltd
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
