Transparency Market Research Report Added "Bio-Based Organic Acids Market" to its database.
Albany, NY -- (SBWIRE) -- 06/23/2015 -- Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "Bio-Based Organic Acids Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure.
Since the last decade, the demand for bio-based organic acids is growing at a steady pace owing to the impact of conventional organic acids on the environment. In order to cater to this growing demand, more and more organic acid is being produced from renewable sources such as feedstock.
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The market for organic acid synthesized from renewable raw material is also driven by the stringent regulations imposed by regulatory bodies of various nations on conventional organic acid producers. Bio-based alternatives for organic acid are eco-friendly and are frugal compared to synthetic products. However, the growing concerns regarding the use of wheat and corn for the production of bio-based organic acids instead of using them as food products is one of the major factors inhibiting the global market for bio-based organic acids.
Organic acid manufactured from renewable raw materials is fully capable of replacing the market for synthetic organic acids. Organic acids are one of the major building blocks in the petrochemicals industry which produce a wide range of intermediates and end use petrochemical products. Some of the applications where bio-based organic acids are expected to be used include polymers, food, coatings, lubricating oils, pharmaceuticals, cosmetics, solvents, diesel fuel oxygenates, and some other applications. Various organic acids which are being used in the above mentioned applications include fumaric acid, acrylic acid, lactic acid, succinic acid, acetic acid, and some others.
Some of the major companies operating in the global market for bio-based organic acids include BioAmber, Myriant, Genomatica, BASF, DSM Cargill, Novozymes, Natureworks LLC, Dow Chemicals, and Metabolix.
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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