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Carboxylic Acids Based Esters Market is expected to reach USD 4.93 billion by 2030

Submitted by mpradipm on Wed, 02/21/2024 - 01:23

The global Carboxylic Acids Based Esters Market research report 2030, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.

This Carboxylic Acids Based Esters market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.

Data Bridge Market Research analyses that the global carboxylic acids based esters market which was USD 3.5 billion in 2022, is expected to reach USD 4.93 billion by 2030, growing at a CAGR of 4.5% during the forecast period of 2023 to 2030.

Top Companies in the Global Carboxylic Acids Based Esters Market:
Sasol Limited (South Africa), Green Biologics Limited (U.K.), Eastman Chemical Company (U.S.), Celanese Corporation (U.S.), Wacker Chemie AG (Germany), Solventis (Spain), Teknor Apex (U.S.), Producers Chemical Company (U.S.), CABB GmbH (Germany), SolvChem (U.S.), Jiangsu SOPO (Group) Co., Ltd (China), ESTER INDIA (India), Ester Chemical Industries Pvt. Ltd (India), Ester Formulations (India), TCI Chemicals (India) Pvt. Ltd. (India), Mitsubishi Corporation (Japan), Prasol Chemicals Pvt. Ltd. (India), OSAKA ORGANIC CHEMICAL INDUSTRY LTD. (Japan), MFG Chemical, LLC (U.S.), and INEOS (U.K.), among others.

Market Segmentation:

Product

• Methyl Acetate

• Ethyl Acetate

• N-Propyl Acetate

• Isopropyl Acetate

• Isobutyl Acetate

• N-Butyl Acetate

• Eugenyl Acetate

• Isoamyl Acetate

• Phenethyl Acetate

• Methyl Propionate

• Ethyl Propionate

• Propyl Propionate

• Butyl Propionate

• Geranyl Propionate

• Phenethyl Propionate

• Methyl Butanoate

• Ethyl Butanoate

• Butyl Butanoate

• Methyl Valerate

• Ethyl Valerate

• Iso-Propyl-Valerate

• Butyl Valerate

• Isobutyric Acid N-Propyl Ester

• Isobutyric Acid Iso-Propyl Ester

• Phenethyl Isobutyrate

• Butyl Isovalerate

• Geranyl Isovalerate

• Methyl Caproate

• Ethyl Caproate

• Butyl Caproate

Application

• Paints and Coatings

• Printing Inks

• Cosmetics and Personal Care

• Pharmaceuticals

• Flavors and Fragrances

• Others

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

– North America (United States, Mexico & Canada)

– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Market Dynamics:

Drivers

• Rising Demand for Sustainable and Bio-Based Products

There was a growing trend toward using bio-based and sustainable materials in various industries. Carboxylic acids based esters derived from renewable sources are considered environmentally friendly, which can drive their demand, especially in industries such as packaging and cosmetics. Moreover, advances in research and development can lead to the discovery of new applications for carboxylic acids based esters, expanding their market potential.

• Increase in the Industrial Applications

Carboxylic acids based esters find applications as solvents, intermediates, and additives in various industrial processes. As industrial production grows, so does the demand for these chemicals. Carboxylic acids based esters are used as flavoring agents in the food and beverage industry. The growth in this sector, coupled with a preference for natural flavor enhancers, can drive the demand for these esters. The pharmaceutical and personal care industries frequently use carboxylic acids based esters in formulations for drug delivery and cosmetics. As these industries expand, the demand for esters is likely to increase.

Opportunities

• Change in the Consumer Preferences

Consumer preferences for products that are safer, eco-friendly, and natural can drive the demand for esters in various applications, including cosmetics and personal care products. In addition, the growth of emerging markets and urbanization can result in increased consumption of products that use carboxylic acids based esters, such as paints, coatings, and adhesives.

• Stringent Environmental Regulations

Environmental regulations related to the use of certain chemicals can also drive the demand for carboxylic acids based esters. Some esters are considered more environmentally friendly alternatives to other chemicals, making them attractive to companies looking to comply with regulations.

Browse The Report Description:

https://www.databridgemarketresearch.com/reports/global-carboxylic-acids...

Strategic Points from Table of Content:

– Market Summary

– Economic Impact Competition Analysis by Players

– Production, Revenue (Value) by geographical segmentation

– Carboxylic Acids Based Esters Market Size by Type and Application

– Regional Market Status and Outlook

– Carboxylic Acids Based Esters Market Analysis and Outlook

– Carboxylic Acids Based Esters Market Forecast by Region, Type, and Application

– Cost Investigation, Market Dynamics

– Marketing Strategy comprehension, Distributors and Traders

– Market Effect Factor Analysis

– Research Finding/ Conclusion

– Appendix

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