Top 5 Companies Leading the Global Organic Acids Market

BASF SE, Celanese Corporation, Dow Chemical Company, Eastman Chemical Company, and Henan Jindan Lactic Acid Technology Co. Ltd., among others, are leading players in the global organic acids market.

The global Organic Acids market estimated to develop at a CAGR of 8.4% during 2023-2028. Organic acids have a significant economic role and range of applications, including pharmaceuticals, moving markets, food, chemical processes, and assisting technological developments. Also, use of organic acids is expected to grow with growing consumer demand for organic foods. North America, Europe and Asia Pacific are likely to be key markets.

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Top 5 Companies in the Global Organic Acids Market

BASF SE

BASF SE employs nearly 111,000 employees; its portfolio has 6 segments - Materials, Chemicals, Surface Technologies, Industrial Solutions, Nutrition & Care and Agricultural Solutions. The company produces, markets and sells plastics, chemicals, performance products, and crop production products. Products include adhesives, solvents, fuel additives, surfactant, pigments, electronic chemicals, food additives, paints, fungicides, and herbicides. BASF serves a variety of industries, including furniture and wood, construction, electronics and electrical, agriculture, paints and coatings, home care, automotive, chemicals, nutrition, among others. The company has a presence in Asia Pacific, Europe, Africa, South America, the Middle East and North America. 

Celanese Corporation

Celanese Corporation is an international chemical and specialty materials company engaged in the manufacturing of distinguished chemistry solutions and specialty materials employed in majority of key industries and consumer applications. The company produces engineered polymers employed in multiple applications. Company segments include Acetate Tow, Engineered Materials, and Acetyl Chain. 

Dow Chemical Company

Dow Chemical Company’s range of industrial intermediates, plastics, coatings and silicones businesses offers a wide range of distinguished, science-based solutions and products for the company’s customers in market segments that are high-growth, including infrastructure, mobility, packaging, and consumer applications. Dow Chemical Company employs thousands of employees across the world and runs production plants in over 150 countries. Products include golf ball and recreational equipment material, artificial turf, packaging products, adhesives, insulation and coatings for cable and wire, insecticides and herbicides, building materials, and chemicals employed in automotives and pharmaceuticals.  

Eastman Chemical Company

Eastman Chemical Company is an international specialty materials company engaged in the production of a wide range of products present in everyday items. The company seeks to deliver innovative solutions and products while being committed to sustainability and safety. Its innovation-oriented growth model leverages modern technology platforms, deep customer engagement, and distinguished application development to strengthen its position in end markets like building and construction, transportation, and consumables. 

Henan Jindan Lactic Acid Technology Co. Ltd.

Henan Jindan Lactic Acid Technology Co. Ltd. is a technological enterprise that uses advanced microbial fermentation technology to manufacture L-lactic acid. The company is engaged in research and development of energy-saving, efficient, eco-friendly production technology and preparation process, and industrialization. Company products include Lactic Acids, Lactates, Blend, Ester, and others; application areas include Food, Medicine, Feed, Industry, and Biodegradable.