Market Overview:
The global acetyl triethyl citrate market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for acetyl triethyl citrate in various applications such as adhesives & sealants, inks, paints & coatings, pharmaceuticals, personal care & cosmetics and others. In addition, the growing demand for food grade acetyl triethyl citrate is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
Acetyl Triethyl Citrate is a food additive that functions as an antioxidant and stabilizer. It is used to prevent spoilage and rancidity in foods.
Industrial Grade:
Industrial grade is used as an intermediate in the production of acetyl triethyl citrate (ATC) which is majorly used for manufacturing polyurethane foams. ATC is a colorless liquid with a mild odor and it has high solubility in organic solvents. It's ability to form crystals at room temperature makes it suitable for use as an industrial solvent.
Pharma Grade:
Pharma grade is used in the manufacturing of acetyl triethyl citrate. It is a colorless liquid with a mild odor. This chemical has applications in pharmaceuticals and fine chemicals industries.
Application Insights:
The application segment includes adhesives and sealants, inks, paints and coatings, pharmaceuticals, personal care products and cosmetics. In 2017, the inks segment accounted for the largest share of acetyl triethyl citrate market revenue. The product is used as a fumigant agent to kill microorganisms that may be present inside meat or poultry carcasses during cold storage or transportation. This has increased its demand as an inking material across various industries such as food processing where it is used for labeling purposes along with its derivatives such as 2-Acetyl tributyl citrate (TBC) which are utilized more widely due to their superior performance characteristics over other counterparts when exposed to UV light.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of a large number of manufacturers coupled with increasing demand from end-use industries such as pharmaceutical, paints & coatings, adhesives & sealants, and others is anticipated to drive growth. China accounted for approximately 50% of total regional volume in 2017 on account of high production as well as consumption levels owing to rapid industrialization coupled with growing consumer awareness regarding personal hygiene and health standards.
The European region followed Asia Pacific in terms of volume share in 2017 owing to rising product demand from several end-use industries across countries including Germany, Italy, France among other Eastern European countries. Rising R&D activities by major players for developing new products based on citrate acid are expected to have a positive impact on industry growth over the coming years.
Growth Factors:
- Increasing demand for acetyl triethyl citrate in various end-use industries such as cosmetics, pharmaceuticals, and food additives is expected to drive the market growth.
- Rising awareness about the benefits of acetyl triethyl citrate is another key factor that is anticipated to fuel the market growth over the forecast period.
- Growing research and development activities for new applications of acetyl triethyl citrate is projected to create new opportunities for market players in near future.
- Stringent regulations by regulatory bodies regarding use of synthetic preservatives are likely to propel demand for natural preservatives such as acetyl triethyl citrate over the forecast period thereby propelling market growth .
Scope Of The Report
Report Attributes
Report Details
Report Title
Acetyl Triethyl Citrate Market Research Report
By Type
Industrial Grade, Pharma Grade, Food Grade
By Application
Adhesives & Sealants, Inks, Paints & Coatings, Pharmaceutical, Person Care & Cosmetics, Others
By Companies
Sucroal, Jiangsu Lemon Chemical & Technology, S. Zhaveri, Triveni Chemicals, Jiangsu Ruijia Chemistry, Akhil Healthcare (P), Mamta Polycoats
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
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Acetyl Triethyl Citrate Market Report Segments:
The global Acetyl Triethyl Citrate market is segmented on the basis of:
Types
Industrial Grade, Pharma Grade, Food Grade
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
Adhesives & Sealants, Inks, Paints & Coatings, Pharmaceutical, Person Care & Cosmetics, Others
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:
- Sucroal
- Jiangsu Lemon Chemical & Technology
- S. Zhaveri
- Triveni Chemicals
- Jiangsu Ruijia Chemistry
- Akhil Healthcare (P)
- Mamta Polycoats
Highlights of The Acetyl Triethyl Citrate 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:
- Industrial Grade
- Pharma Grade
- Food Grade
- By Application:
- Adhesives & Sealants
- Inks, Paints & Coatings
- Pharmaceutical
- Person Care & Cosmetics
- Others
- 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 Acetyl Triethyl Citrate 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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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?
Acetyl Triethyl Citrate is a medication used to treat high blood pressure. It works by reducing the amount of fluid in the body.
Some of the major companies in the acetyl triethyl citrate market are Sucroal, Jiangsu Lemon Chemical & Technology, S. Zhaveri, Triveni Chemicals, Jiangsu Ruijia Chemistry, Akhil Healthcare (P), Mamta Polycoats.
The acetyl triethyl citrate market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Acetyl Triethyl Citrate Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Acetyl Triethyl Citrate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Acetyl Triethyl Citrate Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Acetyl Triethyl Citrate Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Acetyl Triethyl Citrate Market Size & Forecast, 2018-2028
4.5.1 Acetyl Triethyl Citrate Market Size and Y-o-Y Growth
4.5.2 Acetyl Triethyl Citrate Market Absolute $ Opportunity
Chapter 5 Global Acetyl Triethyl Citrate Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Acetyl Triethyl Citrate Market Size Forecast by Type
5.2.1 Industrial Grade
5.2.2 Pharma Grade
5.2.3 Food Grade
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Acetyl Triethyl Citrate Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Acetyl Triethyl Citrate Market Size Forecast by Applications
6.2.1 Adhesives & Sealants
6.2.2 Inks
6.2.3 Paints & Coatings
6.2.4 Pharmaceutical
6.2.5 Person Care & Cosmetics
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Acetyl Triethyl Citrate Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Acetyl Triethyl Citrate Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Acetyl Triethyl Citrate Analysis and Forecast
9.1 Introduction
9.2 North America Acetyl Triethyl Citrate Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Acetyl Triethyl Citrate Market Size Forecast by Type
9.6.1 Industrial Grade
9.6.2 Pharma Grade
9.6.3 Food Grade
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Acetyl Triethyl Citrate Market Size Forecast by Applications
9.10.1 Adhesives & Sealants
9.10.2 Inks
9.10.3 Paints & Coatings
9.10.4 Pharmaceutical
9.10.5 Person Care & Cosmetics
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Acetyl Triethyl Citrate Analysis and Forecast
10.1 Introduction
10.2 Europe Acetyl Triethyl Citrate Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Acetyl Triethyl Citrate Market Size Forecast by Type
10.6.1 Industrial Grade
10.6.2 Pharma Grade
10.6.3 Food Grade
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Acetyl Triethyl Citrate Market Size Forecast by Applications
10.10.1 Adhesives & Sealants
10.10.2 Inks
10.10.3 Paints & Coatings
10.10.4 Pharmaceutical
10.10.5 Person Care & Cosmetics
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Acetyl Triethyl Citrate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Acetyl Triethyl Citrate Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Acetyl Triethyl Citrate Market Size Forecast by Type
11.6.1 Industrial Grade
11.6.2 Pharma Grade
11.6.3 Food Grade
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Acetyl Triethyl Citrate Market Size Forecast by Applications
11.10.1 Adhesives & Sealants
11.10.2 Inks
11.10.3 Paints & Coatings
11.10.4 Pharmaceutical
11.10.5 Person Care & Cosmetics
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Acetyl Triethyl Citrate Analysis and Forecast
12.1 Introduction
12.2 Latin America Acetyl Triethyl Citrate Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Acetyl Triethyl Citrate Market Size Forecast by Type
12.6.1 Industrial Grade
12.6.2 Pharma Grade
12.6.3 Food Grade
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Acetyl Triethyl Citrate Market Size Forecast by Applications
12.10.1 Adhesives & Sealants
12.10.2 Inks
12.10.3 Paints & Coatings
12.10.4 Pharmaceutical
12.10.5 Person Care & Cosmetics
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Acetyl Triethyl Citrate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Acetyl Triethyl Citrate Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Acetyl Triethyl Citrate Market Size Forecast by Type
13.6.1 Industrial Grade
13.6.2 Pharma Grade
13.6.3 Food Grade
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Acetyl Triethyl Citrate Market Size Forecast by Applications
13.10.1 Adhesives & Sealants
13.10.2 Inks
13.10.3 Paints & Coatings
13.10.4 Pharmaceutical
13.10.5 Person Care & Cosmetics
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Acetyl Triethyl Citrate Market: Competitive Dashboard
14.2 Global Acetyl Triethyl Citrate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sucroal
14.3.2 Jiangsu Lemon Chemical & Technology
14.3.3 S. Zhaveri
14.3.4 Triveni Chemicals
14.3.5 Jiangsu Ruijia Chemistry
14.3.6 Akhil Healthcare (P)
14.3.7 Mamta Polycoats
