Citric acid market

Your Catalyst To a Lucrative Business

Citric Acid Market Share, Size, Analysis, Growth, Trends and Forecasts to 2024 | Hexa Research

“Citric Acid Market Size To Reach USD 5.73

Billion By 2024�

The global citric acid market is expected to reach USD 5.73 billion by 2024 driven by its increasing use in food & beverages and household detergents & cleaners. The growth of these end-use industries, particularly in emerging economies of Asia Pacific region, is anticipated to boost the growth of the chemical over the projected period.

The biobased and chelating characteristics of citric acid make it a viable solution to several toxic substances used for manufacturing detergents & cleaners, especially for household purposes. Rising awareness regarding cleanliness and hygiene is expected to augment the demand for detergents & cleaners, resulting in a volume CAGR of 3.8% over the projected period.

Asia Pacific dominated the global industry accounting for 29.6% of the global citric acid market volume share in 2016.

Follow Us:

Your Catalyst To a Lucrative Business Rapid industrialisation resulting in the presence of large-scale manufacturing bases for food & beverages, pharmaceuticals, and cosmetics is expected to augment the demand for the chemical as an intermediate in several processes.

Increasing healthcare expenditure coupled with rising number of ailments across the world is expected to augment the demand for pharmaceuticals. The demand for citric acid in pharmaceutical applications was estimated to be 153.1 kilo tons in 2016 and is projected to progress in tandem with the development of the pharmaceutical sector.

The difference in the properties of citric acid has resulted in making it suitable for use across a broad range of applications. The dual use of citric acid as a preservative as well as a flavouring agent in foodstuffs is expected to augment its demand for household purposes. Moreover, its suitability for a broad range of cuisines makes its suitable for restaurants. Increasing standard of living of consumers is expected to augment the demand for the product over the projected period.

In line with the growing demand for the chemical, manufacturers such as Jungbunzlauer, ADM, and Cargill are focusing on increasing their market presence through R&D to introduce innovative products catering to niche application segments. Thus, the growth of the food & beverages, pharmaceutical, and cosmetic industries coupled with the eco-friendly properties of the product is expected to drive the growth of the citric acid market over the forecast period.

Hexa Research has segmented the global citric acid market on the basis of application and region: Segmentation by application, 2014 - 2024 (Kilo Tons) (USD Million) • Food & beverages • Household detergents & cleaners • Pharmaceutical • Cosmetics • Others Segmentation by region, 2014 - 2024 (Kilo Tons) (USD Million) • North America • U.S. • Europe • Germany • Asia Pacific • China • India • Central and South America • Brazil • MEA

Follow Us:

Your Catalyst To a Lucrative Business Key players analyzed • Archer Daniel Midland • Cargill • COFCO Biochemical (Anhui) • Gadot Biochemical Industries • Jungbunzlauer Suisse • Citrique Belge • Tate & Lyle • Weifang Ensign Industry Co., Ltd. • RZBC GROUP CO., LTD. • Huangshi Xinghua Biochemical

Follow Us:

Your Catalyst To a Lucrative Business

Table of Content of Home Automation Market Chapter 1. Market Summary 1.1. Market trends & movement Chapter 2. Home Automation Market Trends: Drivers & Opportunities 2.1. Introduction 2.2. Key industry trends 2.3. Market drivers 2.4. Market restraints 2.5. Value chain analysis 2.6. Porter's Five Forces analysis 2.7. SWOT Chapter 3. Home Automation Market Trends, By Networking Technology 3.1. Global home automation market movement, by networking technology, 2016 & 2024 3.2. Wired systems 3.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) 3.3. Power-line systems 3.3.1. Market estimates and forecast, 2014 - 2024 (USD Million) 3.4. Computing networks 3.4.1. Market estimates and forecast, 2014 - 2024 (USD Million) 3.5. Wireless systems 3.5.1. Market estimates and forecast, 2014 - 2024 (USD Million) Chapter 4. Home Automation Market Trends, By Application 4.1. Global home automation market movement, by application, 2016 & 2024 4.2. Lighting 4.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) 4.3. Safety & security 4.3.1. Market estimates and forecast, 2014 - 2024 (USD Million) 4.4. HVAC 4.4.1. Market estimates and forecast, 2014 - 2024 (USD Million) 4.5. Entertainment 4.5.1. Market estimates and forecast, 2014 - 2024 (USD Million)

Follow Us:

Your Catalyst To a Lucrative Business 4.6. Energy management 4.6.1. Market estimates and forecast, 2014 - 2024 (USD Million) 4.7. Others 4.7.1. Market estimates and forecast, 2014 - 2024 (USD Million) Chapter 5. Home Automation Market Trends, By Type 5.1. Global home automation market movement, by type, 2016 & 2024 5.2. Custom automation (luxury) systems 5.2.1. Market estimates and forecast, 2014 - 2024 (USD Million) 5.3. Mainstream automation systems 5.3.1. Market estimates and forecast, 2014 - 2024 (USD Million) 5.4. DIY (Do-It-Yourself) automation systems 5.4.1. Market estimates and forecast, 2014 - 2024 (USD Million) 5.5. Managed home automation services 5.5.1. Market estimates and forecast, 2014 - 2024 (USD Million) Chapter 6. Home automation Market Trends, By Region 6.1. Global home automation market movement, by region, 2016 & 2024 6.2. North America 6.2.1. Market estimates and forecast, 2014 - 2025) (USD Million) 6.2.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 6.2.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 6.2.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million) 6.3. Europe 6.3.1. Market estimates and forecast, 2014 - 2025 (USD Million) 6.3.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 6.3.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 6.3.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million) 6.4. Asia Pacific 6.4.1. Market estimates and forecast, 2014 - 2025 (USD Million) 6.4.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 6.4.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 6.4.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million) 6.5. Central & South America 6.5.1. Market estimates and forecast, 2014 - 2025 (USD Million) 6.5.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 6.5.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 6.5.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million)

Follow Us:

Your Catalyst To a Lucrative Business 6.6. Middle East & Africa 6.6.1. Market estimates and forecast, 2014 - 2025 (USD Million) 6.6.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 6.6.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 6.6.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million) Chapter 7. Key Country Markets 7.1. U.S. 7.1.1. Market estimates and forecast, 2014 - 2025 (USD Million) 7.1.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 7.1.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 7.1.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million) 7.2. Germany 7.2.1. Market estimates and forecast, 2014 - 2025 (USD Million) 7.2.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 7.2.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 7.2.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million) 7.3. UK 7.3.1. Market estimates and forecast, 2014 - 2025 (USD Million) 7.3.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 7.3.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 7.3.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million) 7.4. China 7.4.1. Market estimates and forecast, 2014 - 2025 (USD Million) 7.4.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 7.4.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 7.4.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million) 7.5. Brazil 7.5.1. Market estimates and forecast, 2014 - 2025 (USD Million) 7.5.2. Market estimates and forecast, by network technologies, 2014 - 2025 (USD Million) 7.5.3. Market estimates and forecast, by application, 2014 - 2025 (USD Million) 7.5.4. Market estimates and forecast, by type, 2014 - 2025 (USD Million) Chapter 8. Competitive Landscape 8.1. Competitive landscape analysis, 2016 8.2. Strategic framework 8.3. Potential customer base concentration 8.4. Company market positioning

Follow Us:

Your Catalyst To a Lucrative Business 8.5. Company profiles 8.5.1. Siemens 8.5.1.1. Company Overview 8.5.1.2. Type Benchmarking 8.5.1.3. Financial Performance 8.5.1.4. Recent Initiatives 8.5.2. ABB 8.5.2.1. Company Overview 8.5.2.2. Type Benchmarking 8.5.2.3. Financial Performance 8.5.2.4. Recent Initiatives 8.5.3. Honeywell 8.5.3.1. Company Overview 8.5.3.2. Type Benchmarking 8.5.3.3. Financial Performance 8.5.3.4. Recent Initiatives 8.5.4. Crestron Electronics, Inc 8.5.4.1. Company Overview 8.5.4.2. Type Benchmarking 8.5.4.3. Financial Performance 8.5.4.4. Recent Initiatives 8.5.5. Schneider Electric 8.5.5.1. Company Overview 8.5.5.2. Type Benchmarking 8.5.5.3. Financial Performance 8.5.5.4. Recent Initiative 8.5.6. Control4 Corporation 8.5.6.1. Company Overview 8.5.6.2. Type Benchmarking 8.5.6.3. Financial Performance 8.5.6.4. Recent Initiatives 8.5.7. Johnson Controls, Inc. 8.5.7.1. Company Overview 8.5.7.2. Type Benchmarking 8.5.7.3. Financial Performance 8.5.7.4. Recent Initiatives

Follow Us:

Your Catalyst To a Lucrative Business 8.5.8. Ingersoll-Rand PLC 8.5.8.1. Company Overview 8.5.8.2. Type Benchmarking 8.5.8.3. Financial Performance 8.5.8.4. Recent Initiatives 8.5.9. Legrand 8.5.9.1. Company Overview 8.5.9.2. Type Benchmarking 8.5.9.3. Financial Performance 8.5.9.4. Recent Initiatives 8.5.10. Leviton Manufacturing Company, Inc. 8.5.10.1. Company Overview 8.5.10.2. Type Benchmarking 8.5.10.3. Financial Performance 8.5.10.4. Recent Initiatives 8.5.11. List of other vendors Chapter 9. Methodology and Scope 9.1. Research methodology 9.2. Research Scope & Assumptions 9.3. List of data sources

Follow Us:

Your Catalyst To a Lucrative Business

About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.

Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Read Our Latest Blogs: hexaresearch1.blogspot.com

Follow Us:

Your Catalyst To a Lucrative Business

Follow Us: