bio-organic-acid-market-in-south-america
Published

January 2018

Bio-organic Acid Market in South America - Segmented by Raw Material, By Product Type, By Application Industry, and Geography - Trends and Forecasts (2017 - 2022)

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South America Bio Organic Acid Market 

The market has been estimated at USD XX.XX billion in 2015 and is projected to reach USD XX.XX billion by 2020, at a CAGR of XX.XX% during the forecast period. Bio-organic acids are produced from the fermentation of microorganism and are used commercially such as catalysts, surfactants, and dyes. They are produced from bio-based raw materials such as corn, maize, sugar, and biomass.

Bio-organic acid can be used for various applications such as petrochemicals, coatings, healthcare, textile, food, and others. Bio-organic acids are extensively used in the healthcare applications, accounting for a share of XX.XX % in 2015.The report is segmented based on the raw material usage into corn, maize, sugar, biomass and others.

In terms of product types, the market is segmented into bio-lactic acid, bio-acetic acid, bio-succinic acid, bio-adipic acid, bio-acrylic acid, and others. Bio-lactic acid is the fastest growing products in the market growing at a CAGR of XX.XX %.In terms of revenue the acetic acid segment leads the market accounting for a share of XX.XX%.

Market Dynamics of the Bio-organic Acid Market in South America:

Drivers:

  • Depleting natural resources
  • Demand from healthcare industry
  • Stringent government regulations

Restraints:

  • Shortage of raw material
  • Huge competition from fossil-fuel products

Brazil is the leading consumer of bio-organic acid in 2015 in South America accounting for a share of XX%. The bio-organic acid market in South America will grow at a high rate during the forecast period owing to the huge demand from the healthcare industry. The market will grow at a healthy pace during the forecast period.

Furthermore, the shifting focus towards eco-friendly products will offer numerous opportunities for the growth of the Bio-organic Acid market. Some of the major companies dominating the market with its products, and continuous product developments are:

  • BASF
  • BioAmber
  • Braskem
  • Genomatica
  • Myriant,

Key Deliverables in the Study:

  • Analysis for the bio-organic acid market in South America, with region specific assessments and competition analysis on a regional scale.
  • Market definition along with the identification of key drivers and restraints.
  • Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a regional scale.
  • Extensively researched competitive landscape section with profiles of major companies along with their market share.
  • Identification and analysis of the macro and micro factors that affect the bio-organic acid market in South America on a regional scale.
  • A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
  • A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market.
  • Insights on the major countries/regions in which this industry is booming and to also identify the regions that are still untapped
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$8250
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