Bio based Organic Acids Market- Global Industry Analysis and Forecast (2022-2027) by Raw Material, by Product Type, Application, and by Region

Bio Based Organic Acids Market is expected to reach US$ 38.71 Bn at a CAGR of 7.53% during the forecast period 2027. Global Bio Based Organic Acids Market To know about the Research Methodology :- Request Free Sample Report The report covers an in-depth analysis of COVID 19 pandemic impact on Global Bio Based Organic Acids Market by region and on the key players’ revenue affected till April 2020 and expected short term and long-term impact on the market.

Bio Based Organic Acids Market overview

Increasing demand to produce a more sustainable bioprocess for the production of material, chemical, and fuels are expanding the demand for the bio-based organic acid market. The use of Bio-Based Organic Acid is increasing due to a growing awareness of the conventional acid market from a renewable source such as feedstock where more organic acid is being produced. This is due to the rising popularity on the global market due to different types of sustainable Bio-Based Organic Acid. The bio based organic acids are one of the key substitutes for petrochemicals application such as in food, healthcare, polymer, and coating. The petrochemical industry is dominant in the global market but has also emerged as value-budged-effective goods with various applications across the different segments.

Bio Based Organic Acids Market Dynamics

Bio-based alternatives to organic acid are environmentally sustainable and economical compared to synthetic products. Bio-based organic acid manufacturers are more focused on innovation in bio-based organic acid. Innovation in the organic acid industry in recent years are now entirely capable of replacing traditional synthetic organic acid. In the petrochemical industry, organic acids are one of the major building blocks as it produces various end-use petrochemical products. Some of the applications that are expected to use bio-based organic acids include pharmaceuticals, polymers, lubricating oil, food, cosmetics, solvents, oxygenated diesel fuel, coatings, and other products. There is a high demand in production industries for bio lactic acids owing to its wide range of application and usage in the production of polylactic acid. These are some of the factors that are responsible for high demand in industries such as pharmaceuticals, textiles, and packaging for their production process. Different organic acids that are used in the bio-based organic acid for various applications include lactic acid, fumaric acid, succinic acid, acrylic acid, acetic acid, and other applications. Among these, bio lactic acid dominates the market globally in bio based organic acid market. The manufacturers of petrochemical industries have a huge demand for organic acids in the production process. Furthermore, preservative food items in functional and conventional food application to improve the shelf life of the food product are also boosting the demand for the bio-organic acid market. In addition, the bio-organic based flavor is used to enhance the flavor of the food products which is also increasing the demand for the Bio-based organic acid market. The by-products chemicals such as polylactic acid (PLA), polyhydroxyalkanoate (PHA) and bio-ethylene, which are used in the production of bio-based plastics, are expected to have strong growth over the years. Growing consumer inclination and regulations imposed by the FDA and EU with growing environmental industrial compliance towards bio organic acid are also boosting the demand. Furthermore, the disadvantages and environmental issues based on conventional organic acids are, therefore, promoting the use of bio-based products and growing the customer base in many countries for these products. The manufacturers are focusing on the fermentation techniques in extraction of key material elements of organic acids based on bio organic. The shortages of oil resources and steadily rising oil prices are boosting the demand for bio based organic acid market. In addition, increasing industrial, political, and technical interest are also boosting the demand for production of chemicals that are made from renewable compounds. Fermentation products with the use of bio based organic acid have created various end-use applications such as to improve the shelf life of the product, add flavours, and aroma to various food products has built various opportunities for the manufacturers and consumers. The disadvantages and environmental issues based on conventional organic acids are, therefore, promoting the use of crops for producing bio-based organic acid such as maize, sugarcane, and corn-based regulation imposed on some countries are strictly prohibited; this leads to an impact on the bio-based organic acids restricting the growth of the market. In addition, cost-effective production of bio-based organic acid can also lead to hampering the market growth for the bio-organic acid market. The use of bio-based products and growing the customer base in many countries for these products is rising the growth of Bio based organic acids market.

Bio Based Organic Acids Market: Market Segmentation

Global Bio based Organic Acids Market is segmented by Raw Material (Biomass, Corn, Maize, Sugar), by Product Type (Acetic Acid, Fumaric Acid, Succinic Acid, Lactic Acid, Formic Acid, Gluconic Acid, Ascorbic Acid, Citric Acid), by Application(Petrochemicals, Polymers, Pharmaceuticals, Dyes, Coatings, Food Products), by Region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

Bio Based Organic Acids Market: Regional Analysis

By region, Europe held the highest market share in 2021 and is expected to keep its dominance over the forecast period. Europe has market share of approx. 34% in the bio based organic acids market as manufacturers are taking keen interest towards bio based organic products. The regulation laid down by the government and subsidiaries provided on petrochemicals-based products are the major drivers for bio organic acid market in Europe. In addition, manufacturers are continuously innovating and developing bio organic acids new products to fulfil the consumer demand. The Asia Pacific is expected to witness a promising growth with a market share of 16% over the forecast period thanks to the rising demand in textile industry, pharmaceutical industry and food & beverages. E-commerce platform provided by various manufacturers are also boosting the demand for bio based organic acid market in the Asia Pacific. Factors such as urbanisation, changing lifestyle, customer preference for natural food ingredients and increased demand for convenience foods drive the Bio-Based Organic Acid market in the European market. Key manufacturers are more focused on researching and designing activities to broaden their present product range. In addition, the growing demand for fermentation products for raw materials such as rubber, leather, plastic and textile also boost the demand for the bio-organic acid market. Report covers in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger& acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations. The objective of the report is to present a comprehensive analysis of the Global Bio based Organic Acids Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Bio Based Organic Acids Market dynamics, structure by analyzing the market segments and project Global Bio-based Organic Acids Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Bio Based Organic Acids Market make the report investor’s guide.

Bio Based Organic Acids Market Scope: Inquire before buying

Global Bio Based Organic Acids Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 25.04 Bn.
Forecast Period 2022 to 2027 CAGR: 7.53% Market Size in 2027: US $ 38.71 Bn.
Segments Covered: by Raw Material • Biomass • Corn • Maze • Sugar
by Product Type • Acetic Acid • Fumaric Acid • Succinic Acid • Lactic Acid • Formic Acid • Gluconic Acid • Ascorbic Acid • Citric Acid
by Application • Petrochemicals • Polymers • Pharmaceuticals • Dyes • Coatings • Food Products

Bio Based Organic Acids Market, by Region

• North America • Europe • Asia-Pacific • South America • Middle East & Africa

Bio Based Organic Acids Market Key Players

Abengoa (Spain) • BASF SE(Germany) • BioAmber Inc. (Canada) • Cargill (United States) • Corbion NV(Netherlands) • Methanex (Canada) • Mitsubishi Chemical Corporation (Japan) • Mitsui & Co. Ltd. (Japan) • Novozymes A/S(Denmark) • Zhejiang Hisun Biomaterials Co. (China) • Myriant(United States) • Genomatica(United States) • Natureworks LLC (United States) • Dow Chemicals (United States)

Frequently Asked Questions:

1. Which region has the largest share in Global Bio Based Organic Acids Market? Ans: Europe region held the highest share in 2021. 2. What is the growth rate of Global Bio Based Organic Acids Market? Ans: The Global Bio Based Organic Acids Market is expected to grow at a CAGR of 7.53% during forecast period 2022-2027. 3. What is scope of the Global Bio Based Organic Acids market report? Ans: Global Bio Based Organic Acids Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Bio Based Organic Acids market? Ans: The important key players in the Global Bio Based Organic Acids Market are – Abengoa (Spain), BASF SE(Germany), BioAmber Inc. (Canada), Cargill (United States), Corbion NV(Netherlands), Methanex (Canada), Mitsubishi Chemical Corporation (Japan), Mitsui & Co. Ltd. (Japan), Novozymes A/S(Denmark), Zhejiang Hisun Biomaterials Co. (China), Myriant(United States), Genomatica(United States), Natureworks LLC (United States), and Dow Chemicals (United States) 5. What is the study period of this market? Ans: The Global Bio Based Organic Acids Market is studied from 2021 to 2027.
Global Bio based Organic Acids Market 1. Preface 1.1. Report Scope and Market Segmentation 1.2. Research Highlights 1.3. Research Objectives 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Bio Based Organic Acid Market, by Market Value (US$ Bn) and Volume (Ton) 4. Market Overview 4.1. Introduction 4.2. Market Indicator 4.2.1. Drivers 4.2.2. Restraints 4.2.3. Opportunities 4.2.4. Challenges 4.3. Porter’s Analysis 4.4. Value Chain Analysis 4.5. Market Risk Analysis 4.6. SWOT Analysis 4.7. Industry Trends and Emerging Technologies 5. Supply Side and Demand Side Indicators 6. Global Bio Based Organic Acid Market Analysis and Forecast 6.1. Global Bio Based Organic Acid Market Size & Y-o-Y Growth Analysis 6.1.1. North America 6.1.2. Europe 6.1.3. Asia Pacific 6.1.4. Middle East & Africa 6.1.5. South America 7. Global Bio Based Organic Acid Market Analysis and Forecast, by Raw Material 7.1. Introduction and Definition 7.2. Key Findings 7.3. Global Bio Based Organic Acids Market Value Share Analysis, by Raw Material 7.4. Global Bio Based Organic Acids Market Size (US$ Bn) Forecast, by Raw Material 7.5. Global Bio Based Organic Acids Market Analysis, by Raw Material 7.6. Global Bio Based Organic Acids Market Attractiveness Analysis, by Raw Material 8. Global Bio Based Organic Acids Market Analysis and Forecast, by Product Type 8.1. Introduction and Definition 8.2. Key Findings 8.3. Global Bio Based Organic Acids Market Value Share Analysis, by Product Type 8.4. Global Bio Based Organic Acids Market Size (US$ Bn) Forecast, by Product Type 8.5. Global Bio Based Organic Acids Market Analysis, by Product Type 8.6. Global Bio Based Organic Acids Market Attractiveness Analysis, by Product Type 9. Global Bio Based Organic Acids Market Analysis and Forecast, by Application 9.1. Introduction and Definition 9.2. Key Findings 9.3. Global Bio Based Organic Acids Market Value Share Analysis, by Application 9.4. Global Bio Based Organic Acids Market Size (US$ Bn) Forecast, by Application 9.5. Global Bio Based Organic Acids Market Analysis, by Application 9.6. Global Bio Based Organic Acids Market Attractiveness Analysis, by Application 10. Global Bio Based Organic Acids Market Analysis, by Region 10.1. Global Bio Based Organic Acids Market Value Share Analysis, by Region 10.2. Global Bio Based Organic Acids Market Size (US$ Bn) Forecast, by Region 10.3. Global Bio Based Organic Acids Market Attractiveness Analysis, by Region 11. North America Bio Based Organic Acids Market Analysis 11.1. Key Findings 11.2. North America Bio Based Organic Acids Market Overview 11.3. North America Bio Based Organic Acids Market Value Share Analysis, by Raw Material 11.4. North America Bio Based Organic Acids Market Forecast, by Raw Material 11.4.1. Biomass 11.4.2. Corn 11.4.3. Sugar 11.4.4. Maze 11.5. North America Bio Based Organic Acids Market Value Share Analysis, by Product type 11.6. North America Bio Based Organic Acids Market Forecast, by Product type 11.6.1. Acetic Acid 11.6.2. Fumaric Acid 11.6.3. Succinic Acid 11.6.4. Lactic Acid 11.6.5. Formic Acid 11.6.6. Gluconic Acid 11.6.7. Ascorbic Acid 11.6.8. Citric Acid 11.7. North America Bio Based Organic Acids Market Value Share Analysis, by Application 11.8. North America Bio Based Organic Acids Market Forecast, by Application 11.8.1. Petrochemicals 11.8.2. Polymers 11.8.3. Pharmaceuticals 11.8.4. Dyes 11.8.5. Coatings 11.8.6. Food Products 11.9. North America Bio Based Organic Acids Market Value Share Analysis, by Country 11.10. North America Bio Based Organic Acids Market Forecast, by Country 11.10.1. U.S. 11.10.2. Canada 11.11. North America Bio Based Organic Acids Market Analysis, by Country 11.12. U.S. Bio Based Organic Acids Market Forecast, by Raw Material 11.12.1. Biomass 11.12.2. Corn 11.12.3. Maze 11.12.4. Sugar 11.13. U.S. Bio Based Organic Acids Market Forecast, by Product Type 11.13.1. Acetic Acid 11.13.2. Fumaric Acid 11.13.3. Succinic Acid 11.13.4. Lactic Acid 11.13.5. Formic Acid 11.13.6. Gluconic Acid 11.13.7. Ascorbic Acid 11.13.8. Citric Acid 11.14. U.S. Bio Based Organic Acids Market Forecast, by Application 11.14.1. Petrochemicals 11.14.2. Polymers 11.14.3. Pharmaceuticals 11.14.4. Dyes 11.14.5. Coatings 11.14.6. Food Products 11.15. Canada Bio Based Organic Acids Market Forecast, by Raw Material 11.15.1. Biomass 11.15.2. Corn 11.15.3. Maze 11.15.4. Sugar 11.16. Canada Bio Based Organic Acids Market Forecast, by Product Type 11.16.1. Acetic Acid 11.16.2. Fumaric Acid 11.16.3. Succinic Acid 11.16.4. Lactic Acid 11.16.5. Formic Acid 11.16.6. Gluconic Acid 11.16.7. Ascorbic Acid 11.16.8. Citric Acid 11.17. Canada Bio Based Organic Acids Market Forecast, by Application 11.17.1. Petrochemicals 11.17.2. Polymers 11.17.3. Pharmaceuticals 11.17.4. Dyes 11.17.5. Coatings 11.17.6. Food Products 11.18. North America Bio Based Organic Acids Market Attractiveness Analysis 11.18.1. By Raw Material 11.18.2. By Product Type 11.18.3. By Application 11.19. PEST Analysis 11.20. Key Trends 11.21. Key Development 12. Europe Bio Based Organic Acids Market Analysis 12.1. Key Findings 12.2. Europe Bio Based Organic Acids Market Overview 12.3. Europe Bio Based Organic Acids Market Value Share Analysis, by Raw Material 12.4. Europe Bio Based Organic Acids Market Forecast, by Raw Material 12.4.1. Biomass 12.4.2. Corn 12.4.3. Maze 12.4.4. Sugar 12.5. Europe Bio Based Organic Acids Market Value Share Analysis, by Product Type 12.6. Europe Bio Based Organic Acids Market Forecast, by Product Type 12.6.1. Acetic Acid 12.6.2. Fumaric Acid 12.6.3. Succinic Acid 12.6.4. Lactic Acid 12.6.5. Formic Acid 12.6.6. Gluconic Acid 12.6.7. Ascorbic Acid 12.6.8. Citric Acid 12.7. Europe Bio Based Organic Acids Market Value Share Analysis, by Application 12.8. Europe Bio Based Organic Acids Market Forecast, by Application 12.8.1. Petrochemicals 12.8.2. Polymers 12.8.3. Pharmaceuticals 12.8.4. Dyes 12.8.5. Coatings 12.8.6. Food Products 12.9. Europe Bio Based Organic Acids Market Value Share Analysis, by Country 12.10. Europe Bio Based Organic Acids Market Forecast, by Country 12.10.1. Germany 12.10.2. U.K. 12.10.3. France 12.10.4. Italy 12.10.5. Spain 12.10.6. Norway 12.10.7. Rest of Europe 12.11. Europe Bio Based Organic Acids Market Analysis, by Country 12.12. Germany Bio Based Organic Acids Market Forecast, by Raw Material 12.12.1. Biomass 12.12.2. Corn 12.12.3. Maze 12.12.4. Sugar 12.13. Germany Bio Based Organic Acids Market Forecast, by Product Type 12.13.1. Acetic Acid 12.13.2. Fumaric Acid 12.13.3. Succinic Acid 12.13.4. Lactic Acid 12.13.5. Formic Acid 12.13.6. Gluconic Acid 12.13.7. Ascorbic Acid 12.13.8. Citric Acid 12.14. Germany Bio Based Organic Acids Market Forecast, by Application 12.14.1. Petrochemicals 12.14.2. Polymers 12.14.3. Pharmaceuticals 12.14.4. Dyes 12.14.5. Coatings 12.14.6. Food Products 12.15. U.K. Bio Based Organic Acids Market Forecast, by Raw Material 12.15.1. Biomass 12.15.2. Corn 12.15.3. Maze 12.15.4. Sugar 12.16. U.K. Bio Based Organic Acids Market Forecast, by Product Type 12.16.1. Acetic Acid 12.16.2. Fumaric Acid 12.16.3. Succinic Acid 12.16.4. Lactic Acid 12.16.5. Formic Acid 12.16.6. Gluconic Acid 12.16.7. Ascorbic Acid 12.16.8. Citric Acid 12.17. U.K. Bio Based Organic Acids Market Forecast, by Application 12.17.1. Petrochemicals 12.17.2. Polymers 12.17.3. Pharmaceuticals 12.17.4. Dyes 12.17.5. Coatings 12.17.6. Food Products 12.18. France Bio Based Organic Acids Market Forecast, by Raw Material 12.18.1. Biomass 12.18.2. Corn 12.18.3. Maze 12.18.4. Sugar 12.19. France Bio Based Organic Acids Market Forecast, by Product Type 12.19.1. Acetic Acid 12.19.2. Fumaric Acid 12.19.3. Succinic Acid 12.19.4. Lactic Acid 12.19.5. Formic Acid 12.19.6. Gluconic Acid 12.19.7. Ascorbic Acid 12.19.8. Citric Acid 12.20. France Bio Based Organic Acids Market Forecast, by Application 12.20.1. Petrochemicals 12.20.2. Polymers 12.20.3. Pharmaceuticals 12.20.4. Dyes 12.20.5. Coatings 12.20.6. Food Products 12.21. Italy Bio Based Organic Acids Market Forecast, by Raw Material 12.21.1. Biomass 12.21.2. Corn 12.21.3. Maze 12.21.4. Sugar 12.22. Italy Bio Based Organic Acids Market Forecast, by Product Type 12.22.1. Acetic Acid 12.22.2. Fumaric Acid 12.22.3. Succinic Acid 12.22.4. Lactic Acid 12.22.5. Formic Acid 12.22.6. Gluconic Acid 12.22.7. Ascorbic Acid 12.22.8. Citric Acid 12.23. Italy Bio Based Organic Acids Market Forecast, by Application 12.23.1. Petrochemicals 12.23.2. Polymers 12.23.3. Pharmaceuticals 12.23.4. Dyes 12.23.5. Coatings 12.23.6. Food Products 12.24. Spain Bio Based Organic Acids Market Forecast, by Raw Material 12.24.1. Biomass 12.24.2. Corn 12.24.3. Maze 12.24.4. Sugar 12.25. Spain Bio Based Organic Acids Market Forecast, by Product Type 12.25.1. Acetic Acid 12.25.2. Fumaric Acid 12.25.3. Succinic Acid 12.25.4. Lactic Acid 12.25.5. Formic Acid 12.25.6. Gluconic Acid 12.25.7. Ascorbic Acid 12.25.8. Citric Acid 12.26. Spain Bio Based Organic Acids Market Forecast, by Application 12.26.1. Petrochemicals 12.26.2. Polymers 12.26.3. Pharmaceuticals 12.26.4. Dyes 12.26.5. Coatings 12.26.6. Food Products 12.27. Norway Bio Based Organic Acids Market Forecast, by Raw Material 12.27.1. Biomass 12.27.2. Corn 12.27.3. Maze 12.27.4. Sugar 12.28. Norway Bio Based Organic Acids Market Forecast, by Product Type 12.28.1. Acetic Acid 12.28.2. Fumaric Acid 12.28.3. Succinic Acid 12.28.4. Lactic Acid 12.28.5. Formic Acid 12.28.6. Gluconic Acid 12.28.7. Ascorbic Acid 12.28.8. Citric Acid 12.29. Norway Bio Based Organic Acids Market Forecast, by Application 12.29.1. Petrochemicals 12.29.2. Polymers 12.29.3. Pharmaceuticals 12.29.4. Dyes 12.29.5. Coatings 12.29.6. Food Products 12.30. Rest of Europe Bio Based Organic Acids Market Forecast, by Raw Material 12.30.1. Biomass 12.30.2. Corn 12.30.3. Maze 12.30.4. Sugar 12.31. Rest of Europe Bio Based Organic Acids Market Forecast, by Product Type 12.31.1. Acetic Acid 12.31.2. Fumaric Acid 12.31.3. Succinic Acid 12.31.4. Lactic Acid 12.31.5. Formic Acid 12.31.6. Gluconic Acid 12.31.7. Ascorbic Acid 12.31.8. Citric Acid 12.32. Rest of Europe Bio Based Organic Acids Market Forecast, by Application 12.32.1. Petrochemicals 12.32.2. Polymers 12.32.3. Pharmaceuticals 12.32.4. Dyes 12.32.5. Coatings 12.32.6. Food Products 12.33. Europe Bio Based Organic Acids Market Attractiveness Analysis 12.33.1. By Raw Material 12.33.2. By Product Type 12.33.3. By Application 12.34. PEST Analysis 12.35. Key Trends 12.36. Key Development 13. Asia Pacific Bio Based Organic Acids Market Analysis 13.1. Key Findings 13.2. Asia Pacific Bio Based Organic Acids Market Overview 13.3. Asia Pacific Bio Based Organic Acids Market Value Share Analysis, by Raw Material 13.4. Asia Pacific Bio Based Organic Acids Market Forecast, by Raw Material 13.4.1. Biomass 13.4.2. Corn 13.4.3. Maze 13.4.4. Sugar 13.5. Asia Pacific Bio Based Organic Acids Market Value Share Analysis, by Product Type 13.6. Asia Pacific Bio Based Organic Acids Market Forecast, by Product Type 13.6.1. Acetic Acid 13.6.2. Fumaric Acid 13.6.3. Succinic Acid 13.6.4. Lactic Acid 13.6.5. Formic Acid 13.6.6. Gluconic Acid 13.6.7. Ascorbic Acid 13.6.8. Citric Acid 13.7. Asia Pacific Bio Based Organic Acids Market Value Share Analysis, by Application 13.8. Asia Pacific Bio Based Organic Acids Market Forecast, by Application 13.8.1. Petrochemicals 13.8.2. Polymers 13.8.3. Pharmaceuticals 13.8.4. Dyes 13.8.5. Coatings 13.8.6. Food Products 13.9. Asia Pacific Bio Based Organic Acids Market Value Share Analysis, by Country 13.10. Asia Pacific Bio Based Organic Acids Market Forecast, by Country 13.10.1. China 13.10.2. India 13.10.3. Japan 13.10.4. South Korea 13.10.5. Australia 13.10.6. Malaysia 13.10.7. Indonesia 13.10.8. Vietnam 13.10.9. Rest of Asia Pacific 13.11. Asia Pacific Bio Based Organic Acids Market Analysis, by Country 13.12. China Bio Based Organic Acids Market Forecast, by Raw Material 13.12.1. Biomass 13.12.2. Corn 13.12.3. Maze 13.12.4. Sugar 13.13. China Bio Based Organic Acids Market Forecast, by Product Type 13.13.1. Acetic Acid 13.13.2. Fumaric Acid 13.13.3. Succinic Acid 13.13.4. Lactic Acid 13.13.5. Formic Acid 13.13.6. Gluconic Acid 13.13.7. Ascorbic Acid 13.13.8. Citric Acid 13.14. China Bio Based Organic Acids Market Forecast, by Application 13.14.1. Petrochemicals 13.14.2. Polymers 13.14.3. Pharmaceuticals 13.14.4. Dyes 13.14.5. Coatings 13.14.6. Food Products 13.15. India Bio Based Organic Acids Market Forecast, by Raw Material 13.15.1. Biomass 13.15.2. Corn 13.15.3. Maze 13.15.4. Sugar 13.16. India Bio Based Organic Acids Market Forecast, by Product Type 13.16.1. Acetic Acid 13.16.2. Fumaric Acid 13.16.3. Succinic Acid 13.16.4. Lactic Acid 13.16.5. Formic Acid 13.16.6. Gluconic Acid 13.16.7. Ascorbic Acid 13.16.8. Citric Acid 13.17. India Bio Based Organic Acids Market Forecast, by Application 13.17.1. Petrochemicals 13.17.2. Polymers 13.17.3. Pharmaceuticals 13.17.4. Dyes 13.17.5. Coatings 13.17.6. Food Products 13.18. Japan Bio Based Organic Acids Market Forecast, by Raw Material 13.18.1. Biomass 13.18.2. Corn 13.18.3. Maze 13.18.4. Sugar 13.19. Japan Bio Based Organic Acids Market Forecast, by Product Type 13.19.1. Acetic Acid 13.19.2. Fumaric Acid 13.19.3. Succinic Acid 13.19.4. Lactic Acid 13.19.5. Formic Acid 13.19.6. Gluconic Acid 13.19.7. Ascorbic Acid 13.19.8. Citric Acid 13.20. Japan Bio Based Organic Acids Market Forecast, by Application 13.20.1. Petrochemicals 13.20.2. Polymers 13.20.3. Pharmaceuticals 13.20.4. Dyes 13.20.5. Coatings 13.20.6. Food Products 13.21. Australia Bio Based Organic Acids Market Forecast, by Raw Material 13.21.1. Biomass 13.21.2. Corn 13.21.3. Maze 13.22. Australia Bio Based Organic Acids Market Forecast, by Product Type 13.22.1. Acetic Acid 13.22.2. Fumaric Acid 13.22.3. Succinic Acid 13.22.4. Lactic Acid 13.22.5. Formic Acid 13.22.6. Gluconic Acid 13.22.7. Ascorbic Acid 13.22.8. Citric Acid 13.23. Australia Bio Based Organic Acids Market Forecast, by Application 13.23.1. Petrochemicals 13.23.2. Polymers 13.23.3. Pharmaceuticals 13.23.4. Dyes 13.23.5. Coatings 13.23.6. Food Products 13.24. Malaysia Bio Based Organic Acids Market Forecast, by Raw Material 13.24.1. Biomass 13.24.2. Corn 13.24.3. Maze 13.24.4. Sugar 13.25. Malaysia Bio Based Organic Acids Market Forecast, by Product Type 13.25.1. Acetic Acid 13.25.2. Fumaric Acid 13.25.3. Succinic Acid 13.25.4. Lactic Acid 13.25.5. Formic Acid 13.25.6. Gluconic Acid 13.25.7. Ascorbic Acid 13.25.8. Citric Acid 13.26. Malaysia Bio Based Organic Acids Market Forecast, by Application 13.26.1. Petrochemicals 13.26.2. Polymers 13.26.3. Pharmaceuticals 13.26.4. Dyes 13.26.5. Coatings 13.26.6. Food Products 13.27. South Korea Bio Based Organic Acids Market Forecast, by Raw Material 13.27.1. Biomass 13.27.2. Corn 13.27.3. Maze 13.27.4. Sugar 13.28. South Korea Bio Based Organic Acids Market Forecast, by Product Type 13.28.1. Acetic Acid 13.28.2. Fumaric Acid 13.28.3. Succinic Acid 13.28.4. Lactic Acid 13.28.5. Formic Acid 13.28.6. Gluconic Acid 13.28.7. Ascorbic Acid 13.28.8. Citric Acid 13.29. South Korea Bio Based Organic Acids Market Forecast, by Application 13.29.1. Petrochemicals 13.29.2. Polymers 13.29.3. Pharmaceuticals 13.29.4. Dyes 13.29.5. Coatings 13.29.6. Food Products 13.30. Thailand Bio Based Organic Acids Market Forecast, by Raw Material 13.30.1. Biomass 13.30.2. Corn 13.30.3. Maze 13.30.4. Sugar 13.31. Thailand Bio Based Organic Acids Market Forecast, by Product Type 13.31.1. Acetic Acid 13.31.2. Fumaric Acid 13.31.3. Succinic Acid 13.31.4. Lactic Acid 13.31.5. Formic Acid 13.31.6. Gluconic Acid 13.31.7. Ascorbic Acid 13.31.8. Citric Acid 13.32. Thailand Bio Based Organic Acids Market Forecast, by Application 13.32.1. Petrochemicals 13.32.2. Polymers 13.32.3. Pharmaceuticals 13.32.4. Dyes 13.32.5. Coatings 13.32.6. Food Products 13.33. Vietnam Bio Based Organic Acids Market Forecast, by Raw Material 13.33.1. Biomass 13.33.2. Corn 13.33.3. Maze 13.33.4. Sugar 13.34. Vietnam Bio Based Organic Acids Market Forecast, by Product Type 13.34.1. Acetic Acid 13.34.2. Fumaric Acid 13.34.3. Succinic Acid 13.34.4. Lactic Acid 13.34.5. Formic Acid 13.34.6. Gluconic Acid 13.34.7. Ascorbic Acid 13.34.8. Citric Acid 13.35. Vietnam Bio Based Organic Acids Market Forecast, by Application 13.35.1. Petrochemicals 13.35.2. Polymers 13.35.3. Pharmaceuticals 13.35.4. Dyes 13.35.5. Coatings 13.35.6. Food Products 13.36. Rest of Asia Pacific Bio Based Organic Acids Market Forecast, by Raw Material 13.36.1. Biomass 13.36.2. Corn 13.36.3. Maze 13.36.4. Sugar 13.37. Rest of Asia Pacific Bio Based Organic Acids Market Forecast, by Product Type 13.37.1. Acetic Acid 13.37.2. Fumaric Acid 13.37.3. Succinic Acid 13.37.4. Lactic Acid 13.37.5. Formic Acid 13.37.6. Gluconic Acid 13.37.7. Ascorbic Acid 13.37.8. Citric Acid 13.38. Rest of Asia Pacific Bio Based Organic Acids Market Forecast, by Application 13.38.1. Petrochemicals 13.38.2. Polymers 13.38.3. Pharmaceuticals 13.38.4. Dyes 13.38.5. Coatings 13.38.6. Food Products 13.39. Asia Pacific Bio Based Organic Acids Market Attractiveness Analysis 13.39.1. By Raw Material 13.39.2. By Product Type 13.39.3. By Application 13.40. PEST Analysis 13.41. Key Trends 13.42. Key Development 14. Middle East & Africa Bio Based Organic Acids Market Analysis 14.1. Key Findings 14.2. Middle East & Africa Bio Based Organic Acids Market Overview 14.3. Middle East & Africa Bio Based Organic Acids Market Value Share Analysis, by Raw Material 14.4. Middle East & Africa Bio Based Organic Acids Market Forecast, by Raw Material 14.4.1. Biomass 14.4.2. Corn 14.4.3. Maze 14.4.4. Sugar 14.5. Middle East & Africa Bio Based Organic Acids Market Value Share Analysis, by Product Type 14.6. Middle East & Africa Bio Based Organic Acids Market Forecast, by Product Type 14.6.1. Acetic Acid 14.6.2. Fumaric Acid 14.6.3. Succinic Acid 14.6.4. Lactic Acid 14.6.5. Formic Acid 14.6.6. Gluconic Acid 14.6.7. Ascorbic Acid 14.6.8. Citric Acid 14.7. Middle East & Africa Bio Based Organic Acids Market Value Share Analysis, by Application 14.8. Middle East & Africa Bio Based Organic Acids Market Forecast, by Application 14.8.1. Petrochemicals 14.8.2. Polymers 14.8.3. Pharmaceuticals 14.8.4. Dyes 14.8.5. Coatings 14.8.6. Food Products 14.9. Middle East & Africa Bio Based Organic Acids Market Value Share Analysis, by Country 14.10. Middle East & Africa Bio Based Organic Acids Market Forecast, by Country 14.10.1. GCC 14.10.2. South Africa 14.10.3. Nigeria 14.10.4. Egypt 14.10.5. Rest of Middle East & Africa 14.11. Middle East & Africa Bio Based Organic Acids Market Analysis, by Country 14.12. GCC Bio Based Organic Acids Market Forecast, by Raw Material 14.12.1. Biomass 14.12.2. Corn 14.12.3. Maze 14.12.4. Sugar 14.13. GCC Bio Based Organic Acids Market Forecast, by Product Type 14.13.1. Acetic Acid 14.13.2. Fumaric Acid 14.13.3. Succinic Acid 14.13.4. Lactic Acid 14.13.5. Formic Acid 14.13.6. Gluconic Acid 14.13.7. Ascorbic Acid 14.13.8. Citric Acid 14.14. GCC Bio Based Organic Acids Market Forecast, by Application 14.14.1. Petrochemicals 14.14.2. Polymers 14.14.3. Pharmaceuticals 14.14.4. Dyes 14.14.5. Coatings 14.14.6. Food Products 14.15. South Africa Bio Based Organic Acids Market Forecast, by Raw Material 14.15.1. Biomass 14.15.2. Corn 14.15.3. Maze 14.15.4. Sugar 14.16. South Africa Bio Based Organic Acids Market Forecast, by Product Type 14.16.1. Acetic Acid 14.16.2. Fumaric Acid 14.16.3. Succinic Acid 14.16.4. Lactic Acid 14.16.5. Formic Acid 14.16.6. Gluconic Acid 14.16.7. Ascorbic Acid 14.16.8. Citric Acid 14.17. South Africa Bio Based Organic Acids Market Forecast, by Application 14.17.1. Petrochemicals 14.17.2. Polymers 14.17.3. Pharmaceuticals 14.17.4. Dyes 14.17.5. Coatings 14.17.6. Food Products 14.18. Nigeria Bio Based Organic Acids Market Forecast, by Raw Material 14.18.1. Biomass 14.18.2. Corn 14.18.3. Maze 14.18.4. Sugar 14.19. Nigeria Bio Based Organic Acids Market Forecast, by Product Type 14.19.1. Acetic Acid 14.19.2. Fumaric Acid 14.19.3. Succinic Acid 14.19.4. Lactic Acid 14.19.5. Formic Acid 14.19.6. Gluconic Acid 14.19.7. Ascorbic Acid 14.19.8. Citric Acid 14.20. Nigeria Bio Based Organic Acids Market Forecast, by Application 14.20.1. Petrochemicals 14.20.2. Polymers 14.20.3. Pharmaceuticals 14.20.4. Dyes 14.20.5. Coatings 14.20.6. Food Products 14.21. Egypt Bio Based Organic Acids Market Forecast, by Raw Material 14.21.1. Biomass 14.21.2. Corn 14.21.3. Maze 14.21.4. Sugar 14.22. Egypt Bio Based Organic Acids Market Forecast, by Product Type 14.22.1. Acetic Acid 14.22.2. Fumaric Acid 14.22.3. Succinic Acid 14.22.4. Lactic Acid 14.22.5. Formic Acid 14.22.6. Gluconic Acid 14.22.7. Ascorbic Acid 14.22.8. Citric Acid 14.23. Egypt Bio Based Organic Acids Market Forecast, by Application 14.23.1. Petrochemicals 14.23.2. Polymers 14.23.3. Pharmaceuticals 14.23.4. Dyes 14.23.5. Coatings 14.23.6. Food Products 14.24. Rest of Middle East & Africa Bio Based Organic Acids Market Forecast, by Raw Material 14.24.1. Biomass 14.24.2. Corn 14.24.3. Maze 14.24.4. Sugar 14.25. Rest of Middle East & Africa Bio Based Organic Acids Market Forecast, by Product Type 14.25.1. Acetic Acid 14.25.2. Fumaric Acid 14.25.3. Succinic Acid 14.25.4. Lactic Acid 14.25.5. Formic Acid 14.25.6. Gluconic Acid 14.25.7. Ascorbic Acid 14.25.8. Citric Acid 14.26. Rest of Middle East & Africa Bio Based Organic Acids Market Forecast, by Application 14.26.1. Petrochemicals 14.26.2. Polymers 14.26.3. Pharmaceuticals 14.26.4. Dyes 14.26.5. Coatings 14.26.6. Food Products 14.27. Middle East & Africa Bio Based Organic Acids Market Attractiveness Analysis 14.27.1. By Raw Material 14.27.2. By Product Type 14.27.3. By Application 14.28. PEST Analysis 14.29. Key Trends 14.30. Key Development 15. South America Bio Based Organic Acids Market Analysis 15.1. Key Findings 15.2. South America Bio Based Organic Acids Market Overview 15.3. South America Bio Based Organic Acids Market Value Share Analysis, by Raw Material 15.4. South America Bio Based Organic Acids Market Forecast, by Raw Material 15.4.1. Biomass 15.4.2. Corn 15.4.3. Maze 15.5. South America Bio Based Organic Acids Market Value Share Analysis, by Product Type 15.6. South America Bio Based Organic Acids Market Forecast, by Product Type 15.6.1. Acetic Acid 15.6.2. Fumaric Acid 15.6.3. Succinic Acid 15.6.4. Lactic Acid 15.6.5. Formic Acid 15.6.6. Gluconic Acid 15.6.7. Ascorbic Acid 15.6.8. Citric Acid 15.7. South America Bio Based Organic Acids Market Forecast, by Application 15.7.1. Petrochemicals 15.7.2. Polymers 15.7.3. Pharmaceuticals 15.7.4. Dyes 15.7.5. Coatings 15.7.6. Food Products 15.8. South America Bio Based Organic Acids Market Value Share Analysis, by Country 15.9. South America Bio Based Organic Acids Market Forecast, by Country 15.9.1. Brazil 15.9.2. Mexico 15.9.3. Argentina 15.9.4. Rest of South America 15.10. South America Bio Based Organic Acids Market Analysis, by Country 15.11. Brazil Bio Based Organic Acids Market Forecast, by Raw Material 15.11.1. Biomass 15.11.2. Corn 15.11.3. Maze 15.11.4. Sugar 15.12. Brazil Bio Based Organic Acids Market Forecast, by Product Type 15.12.1. Acetic Acid 15.12.2. Fumaric Acid 15.12.3. Succinic Acid 15.12.4. Lactic Acid 15.12.5. Formic Acid 15.12.6. Gluconic Acid 15.12.7. Ascorbic Acid 15.12.8. Citric Acid 15.13. Brazil Bio Based Organic Acids Market Forecast, by Application 15.13.1. Petrochemicals 15.13.2. Polymers 15.13.3. Pharmaceuticals 15.13.4. Dyes 15.13.5. Coatings 15.13.6. Food Products 15.14. Mexico Bio Based Organic Acids Market Forecast, by Raw Material 15.14.1. Biomass 15.14.2. Corn 15.14.3. Maze 15.14.4. Sugar 15.15. Mexico Bio Based Organic Acids Market Forecast, by Product Type 15.15.1. Acetic Acid 15.15.2. Fumaric Acid 15.15.3. Succinic Acid 15.15.4. Lactic Acid 15.15.5. Formic Acid 15.15.6. Gluconic Acid 15.15.7. Ascorbic Acid 15.15.8. Citric Acid 15.16. Mexico Bio Based Organic Acids Market Forecast, by Application 15.16.1. Petrochemicals 15.16.2. Polymers 15.16.3. Pharmaceuticals 15.16.4. Dyes 15.16.5. Coatings 15.16.6. Food Products 15.17. Argentina Bio Based Organic Acids Market Forecast, by Raw Material 15.17.1. Biomass 15.17.2. Corn 15.17.3. Maze 15.17.4. Sugar 15.18. Argentina Bio Based Organic Acids Market Forecast, by Product Type 15.18.1. Acetic Acid 15.18.2. Fumaric Acid 15.18.3. Succinic Acid 15.18.4. Lactic Acid 15.18.5. Formic Acid 15.18.6. Gluconic Acid 15.18.7. Ascorbic Acid 15.18.8. Citric Acid 15.19. Argentina Bio Based Organic Acids Market Forecast, by Application 15.19.1. Petrochemicals 15.19.2. Polymers 15.19.3. Pharmaceuticals 15.19.4. Dyes 15.19.5. Coatings 15.19.6. Food Products 15.20. Rest of South America Bio Based Organic Acids Market Forecast, by Raw Material 15.20.1. Biomass 15.20.2. Corn 15.20.3. Maze 15.20.4. Sugar 15.21. Rest of South America Bio Based Organic Acids Market Forecast, by Product Type 15.21.1. Acetic Acid 15.21.2. Fumaric Acid 15.21.3. Succinic Acid 15.21.4. Lactic Acid 15.21.5. Formic Acid 15.21.6. Gluconic Acid 15.21.7. Ascorbic Acid 15.21.8. Citric Acid 15.22. Rest of South America Bio Based Organic Acids Market Forecast, by Application 15.22.1. Petrochemicals 15.22.2. Polymers 15.22.3. Pharmaceuticals 15.22.4. Dyes 15.22.5. Coatings 15.22.6. Food Products 15.23. South America Bio Based Organic Acids Market Attractiveness Analysis 15.23.1. By Raw Material 15.23.2. By Product Type 15.23.3. By Application 15.24. PEST Analysis 15.25. Key Trends 15.26. Key Development 16. Company Profiles 16.1. Market Share Analysis, by Company 16.2. Competition Matrix 16.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 16.2.2. New Product Launches and Product Enhancements 16.2.3. Market Consolidation 16.2.3.1. M&A by Regions, Investment and Applications 16.2.3.2. M&A Key Players, Forward Integration and Backward Integration 16.3. Company Profiles: Key Players 16.3.1. Abengoa (Spain) 16.3.1.1. Company Overview 16.3.1.2. Financial Overview 16.3.1.3. Product Portfolio 16.3.1.4. Business Strategy 16.3.1.5. Recent Developments 16.3.1.6. Company Footprint 16.3.2. BASF SE(Germany) 16.3.3. BioAmber Inc.( Canada) 16.3.4. Cargill(United States) 16.3.5. Corbion NV(Netherlands) 16.3.6. Methanex(Canada) 16.3.7. Mitsubishi Chemical Corporation(Japan) 16.3.8. Mitsui & Co. Ltd.( Japan) 16.3.9. Novozymes A/S(Denmark) 16.3.10. Zhejiang Hisun Biomaterials Co. (China) 16.3.11. Myriant(United States) 16.3.12. Genomatica(United States) 16.3.13. Natureworks LLC (United States) 16.3.14. Dow Chemicals (United States)

About This Report

Report ID 71352
Category Material & Chemical
Published Date September 2020
Updated Date April 2022
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