The global capric acid market is predominantly driven by increasing demand from personal care and food & beverage end-user industries. However, factors such as fluctuation in raw material prices and availability of application-specific substitutes are projected to hinder growth of the capric acid market in the next few years.
Albany, NY -- (SBWIRE) -- 01/14/2016 -- This report analyzes and forecasts the market for capric acid at the global and regional level. The market has been forecast based on volume (kilo tons) and revenue (US$ Mn) from 2015 to 2023. The study includes drivers and restraints of the global capric acid market. It also covers the impact of these drivers and restraints on demand for capric acid during the forecast period. The report also highlights opportunities in the capric acid market at the global and regional level.
The report includes a detailed value chain analysis, which provides a comprehensive view of the global capric acid market. Porter's Five Forces Model for the capric acid market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
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The study provides a decisive view of the global capric acid market by segmenting it in terms of end-users. These segments have been analyzed based on present and future trends. Regional segmentation includes current and forecast demand in North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The report also covers demand in individual end-user segments in all regions.
The study includes profiles of major companies operating in the global capric acid market. Key players profiled in the report include Chemical Associates, Oleocomm Global SDN BHD, KLK OLEO, P&G Chemicals, IOI Oleochemicals, Ecogreen Oleochemicals, HENAN EASTAR CHEMICALS CO., LTD., Temix Oleo Srl, VVF L.L.C, and PT Bakrie Sumatera Plantations Tbk. Market players are profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments.
The report provides the estimated market size of capric acid for 2015 and forecast for the next eight years. The global market size of capric acid is provided in terms of both volume and revenue. Market volume is defined in kilo tons, while revenue is in US$ Mn. Market numbers are estimated based on key end-user segments of the capric acid market. Market size and forecast for each major end-user is provided in terms of global and regional markets.
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In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players' product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, TPE magazine, internal and external proprietary databases, and relevant patent and regulatory databases such as ICIS, Hoover's, oneSOURCE, Factiva, and Bloomberg, national government documents, statistical databases, trade journals, market reports, news articles, press releases, and webcasts specific to companies operating in the market.
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Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team's expertise and market understanding.
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