Latest Report Update: Nov 19, 2021

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

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Global Carboxylic Acid Market Overview 2021

Carboxylic Acid Market Size

The global carboxylic acid market was estimated at $X in 2020, growing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2012 when the market value increased by X% y-o-y. Over the period under review, the global market reached the peak level in 2020 and is expected to retain growth in the immediate term.

Carboxylic Acid Production

In value terms, carboxylic acid production amounted to $X in 2020 estimated in export prices. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Global production peaked at $X in 2018; however, from 2019 to 2020, production remained at a lower figure.

Production By Country

China (X tonnes) remains the largest carboxylic acid producing country worldwide, comprising approx. X% of total volume. Moreover, carboxylic acid production in China exceeded the figures recorded by the second-largest producer, the U.S. (X tonnes), fivefold. The third position in this ranking was occupied by France (X tonnes), with a X% share.

In China, carboxylic acid production increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: the U.S. (-X% per year) and France (+X% per year).

Carboxylic Acid Exports

Exports

In 2020, shipments abroad of carboxylic acid with alcohol, phenol, aldehyde or ketone functions decreased by -X% to X tonnes, falling for the second consecutive year after three years of growth. The total export volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2010 with an increase of X% y-o-y. Global exports peaked at X tonnes in 2018; afterwards, it flattened through to 2020.

In value terms, carboxylic acid exports declined to $X in 2020. The total export value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Global exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

China was the major exporter of carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world, with the volume of exports reaching X tonnes, which was near X% of total exports in 2020. France (X tonnes) ranks second in terms of the total exports with a X% share, followed by the U.S. (X%) and Germany (X%). South Korea (X tonnes), Thailand (X tonnes), Italy (X tonnes), Switzerland (X tonnes), Spain (X tonnes), Belgium (X tonnes), Japan (X tonnes), Brazil (X tonnes) and Taiwan (Chinese) (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to carboxylic acid exports from China stood at +X%. At the same time, South Korea (+X%), France (+X%), Brazil (+X%), Taiwan (Chinese) (+X%), Germany (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. Japan, Belgium, Italy and Switzerland experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) and Spain (-X%) illustrated a downward trend over the same period. China (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the global exports, while Switzerland, Italy, the U.S. and Spain saw its share reduced by -X%, -X%, -X% and -X% from 2007 to 2020, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest carboxylic acid supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in China totaled +X%. In the other countries, the average annual rates were as follows: Italy (+X% per year) and Germany (+X% per year).

Export Prices by Country

The average carboxylic acid export price stood at $X per tonne in 2020, which is down by -X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2011 an increase of X% y-o-y. Global export price peaked at $X per tonne in 2009; however, from 2010 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Italy ($X per tonne), while Thailand ($X per tonne) was amongst the lowest.

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

Carboxylic Acid Imports

Imports

In 2020, the amount of carboxylic acid with alcohol, phenol, aldehyde or ketone functions imported worldwide stood at X tonnes, remaining stable against the previous year. Over the period under review, total imports indicated pronounced growth from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Global imports peaked at X tonnes in 2018; afterwards, it flattened through to 2020.

In value terms, carboxylic acid imports stood at $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Global imports peaked in 2020 and are likely to see steady growth in years to come.

Imports by Country

The countries with the highest levels of carboxylic acid imports in 2020 were the U.S. (X tonnes), India (X tonnes), Germany (X tonnes), Japan (X tonnes), China (X tonnes), Brazil (X tonnes), Spain (X tonnes), the Netherlands (X tonnes), South Korea (X tonnes), France (X tonnes), the UK (X tonnes) and Belgium (X tonnes), together accounting for X% of total import. Italy (X tonnes) held a minor share of total imports.

From 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by India, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Japan ($X) were the countries with the highest levels of imports in 2020, with a combined X% share of global imports. These countries were followed by India, Italy, France, China, South Korea, Brazil, Spain, the UK, the Netherlands and Belgium, which together accounted for a further X terms of the main importing countries, India recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average carboxylic acid import price stood at $X per tonne in 2020, leveling off at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Italy ($X per tonne), while Belgium ($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 global 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 the world?
+
The countries with the highest volumes of carboxylic acid consumption in 2020 were China (483K tonnes), India (268K tonnes) and the U.S. (257K tonnes), together comprising 42% of global consumption. These countries were followed by France, Japan, Spain, Brazil, Mexico, Italy, Germany, South Korea, Canada and Thailand, which together accounted for a further 33%.
What are the largest producers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world?
+
The country with the largest volume of carboxylic acid production was China (919K tonnes), accounting for 40% of total volume. Moreover, carboxylic acid production in China exceeded the figures recorded by the second-largest producer, the U.S. (184K tonnes), fivefold. France (173K tonnes) ranked third in terms of total production with a 7.5% share.
What are the leading suppliers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world?
+
In value terms, China ($1.6B) remains the largest carboxylic acid supplier worldwide, comprising 31% of global exports. The second position in the ranking was occupied by Italy ($363M), with a 7.1% share of global exports. It was followed by Germany, with a 6.3% share.
What are the leading importers of carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world?
+
In value terms, the largest carboxylic acid importing markets worldwide were the U.S. ($719M), Germany ($435M) and Japan ($395M), together comprising 28% of global imports. These countries were followed by India, Italy, France, China, South Korea, Brazil, Spain, the UK, the Netherlands and Belgium, which together accounted for a further 40%.
What is the average export price for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world?
+
In 2020, the average carboxylic acid export price amounted to $3,931 per tonne, with a decrease of -4.8% against the previous year.
What is the average import price for carboxylic acid with alcohol, phenol, aldehyde or ketone functions in the world?
+
In 2020, the average carboxylic acid import price amounted to $4,073 per tonne, leveling off at 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 global carboxylic acid market. 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.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

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

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
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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