Latest Report Update: Nov 19, 2021

Asia-Pacific - Carboxylic Acid With Alcohol, Phenol, Aldehyde Or Ketone Functions - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Asia-Pacific: Carboxylic Acid Market Overview 2021

Carboxylic Acid Market Size in Asia-Pacific

The Asia-Pacific carboxylic acid market expanded notably to $X in 2020, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the market reached the peak level in 2020 and is likely to see gradual growth in the immediate term.

Carboxylic Acid Production in Asia-Pacific

In value terms, carboxylic acid production reached $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% year-to-year. The level of production peaked at $X in 2018; however, from 2019 to 2020, production failed to regain the momentum.

Production By Country in Asia-Pacific

The country with the largest volume of carboxylic acid production was China (X tonnes), comprising approx. X% of total volume. Moreover, carboxylic acid production in China exceeded the figures recorded by the second-largest producer, India (X tonnes), sixfold. Japan (X tonnes) ranked third in terms of total production with a X% share.

From 2007 to 2020, the average annual growth rate of volume in China stood at +X%. In the other countries, the average annual rates were as follows: India (+X% per year) and Japan (-X% per year).

Carboxylic Acid Exports

Exports in Asia-Pacific

In 2020, the amount of carboxylic acid with alcohol, phenol, aldehyde or ketone functions exported in Asia-Pacific was estimated at X tonnes, rising by X% compared with the previous year's figure. In general, exports enjoyed a strong increase. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, exports reached the maximum in 2020 and are likely to see steady growth in the near future.

In value terms, carboxylic acid exports reduced modestly to $X in 2020. Over the period under review, exports continue to indicate a resilient increase. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

Exports by Country

China dominates carboxylic acid exports structure, finishing at X tonnes, which was approx. X% of total exports in 2020. South Korea (X tonnes) held the second position in the ranking, followed by Thailand (X tonnes), Japan (X tonnes) and Taiwan (Chinese) (X tonnes). All these countries together occupied approx. X% share of total exports. India (X tonnes) and Singapore (X tonnes) occupied a relatively small share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2020. At the same time, Singapore (+X%), South Korea (+X%), India (+X%), Taiwan (Chinese) (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Singapore emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +X% from 2007-2020. Japan experienced a relatively flat trend pattern. From 2007 to 2020, the share of China and South Korea increased by +X% and +X% percentage points, while India (-X p.p.), Taiwan (Chinese) (-X p.p.), Japan (-X p.p.) and Thailand (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest carboxylic acid supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was occupied by India ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

In China, carboxylic acid exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: India (+X% per year) and Japan (-X% per year).

Export Prices by Country

The carboxylic acid export price in Asia-Pacific stood at $X per tonne in 2020, with a decrease of -X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the export price increased by X% year-to-year. Over the period under review, export prices attained the maximum at $X per tonne in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was India ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced mixed trends in the export price figures.

Carboxylic Acid Imports

Imports in Asia-Pacific

In 2020, carboxylic acid imports in Asia-Pacific expanded significantly to X tonnes, rising by X% compared with the year before. Total imports indicated a prominent increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2009 indices. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. The volume of import peaked in 2020 and is expected to retain growth in years to come.

In value terms, carboxylic acid imports expanded notably to $X in 2020. Total imports indicated pronounced growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2010 when imports increased by X% y-o-y. The level of import peaked in 2020 and is expected to retain growth in the immediate term.

Imports by Country

In 2020, India (X tonnes), distantly followed by Japan (X tonnes), China (X tonnes), South Korea (X tonnes), Australia (X tonnes) and Taiwan (Chinese) (X tonnes) were the major importers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions, together achieving X% of total imports. Thailand (X tonnes), Viet Nam (X tonnes), Indonesia (X tonnes), Malaysia (X tonnes) and Singapore (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Viet Nam, while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), India ($X) and China ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of total imports. These countries were followed by South Korea, Australia, Singapore, Taiwan (Chinese), Thailand, Indonesia, Viet Nam and Malaysia, which together accounted for a further X Nam saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The carboxylic acid import price in Asia-Pacific stood at $X per tonne in 2020, flattening at the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 when the import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2012 to 2020, the growth in terms of the import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Asia-Pacific?
+
The countries with the highest volumes of carboxylic acid consumption in 2020 were China (483K tonnes), India (268K tonnes) and Japan (137K tonnes), together comprising 78% of total consumption. South Korea, Thailand, Australia, Taiwan (Chinese), Viet Nam, Indonesia and Democratic People's Republic of Korea lagged somewhat behind, together comprising a further 18%.
What are the largest producers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Asia-Pacific?
+
China (919K tonnes) remains the largest carboxylic acid producing country in Asia-Pacific, comprising approx. 65% of total volume. Moreover, carboxylic acid production in China exceeded the figures recorded by the second-largest producer, India (165K tonnes), sixfold. The third position in this ranking was occupied by Japan (107K tonnes), with a 7.7% share.
What are the leading suppliers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Asia-Pacific?
+
In value terms, China ($1.6B) remains the largest carboxylic acid supplier in Asia-Pacific, comprising 57% of total exports. The second position in the ranking was occupied by India ($405M), with a 15% share of total exports. It was followed by Japan, with a 9.3% share.
What are the leading importers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Asia-Pacific?
+
In value terms, Japan ($395M), India ($373M) and China ($241M) were the countries with the highest levels of imports in 2020, with a combined 59% share of total imports. South Korea, Australia, Singapore, Taiwan (Chinese), Thailand, Indonesia, Viet Nam and Malaysia lagged somewhat behind, together accounting for a further 37%.
What is the average export price for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Asia-Pacific?
+
In 2020, the carboxylic acid export price in Asia-Pacific amounted to $3,808 per tonne, with a decrease of -6.5% against the previous year.
What is the average import price for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in Asia-Pacific?
+
In 2020, the carboxylic acid import price in Asia-Pacific amounted to $3,667 per tonne, therefore, remained relatively stable against the previous year.

Product coverage:
• Prodcom 20143475 - Carboxylic acid with alcohol, phenol, aldehyde or ketone functions

This report provides an in-depth analysis of the carboxylic acid market in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Afghanistan
• American Samoa
• Bhutan
• Brunei Darussalam
• Cambodia
• Cook Islands
• Democratic People's Republic of Korea
• Fiji
• French Polynesia
• Guam
• Kiribati
• Lao People's Democratic Republic
• Macao SAR
• Maldives
• Marshall Islands
• Micronesia
• Nauru
• Nepal
• New Caledonia
• Niue
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Taiwan (Chinese)
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• Hong Kong SAR
• Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan (Chinese)
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020
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