CITRIC ACID ESTER MARKET ANALYSIS
Global citric acid ester market is expected to surpass US$ 468.6 million by the end of 2030 and exhibit a CAGR of 5.6% during the forecast period (2022 to 2030).
Market Trends
Citric acid ester is used as plasticizers to reduce hardness of polymers (rubber and plastic) and can be further used to regulate viscosity. Cost effectiveness and the ability of plastics to transform into various shapes is augmenting the use of plastic in construction and automotive sectors. Surging use of plastics in packaging industry for the protection of equipment from scratches and dust is also boosting the demand for citric acid ester for imparting flexibility to plastic polymers.
Figure 2. Global Citric Acid Ester Market Revenue Share (%), By End-Use Industry, 2021
Among end-use industry, food & beverages segment accounted for the highest market share of 26.9% in the global citric acid ester market in 2021. Increasing use of citric acid plays a huge role in enhancing flavors, particularly in the drinks industry, as it provides a sour, and refreshing flavor which offsets the sweetness of many drinks. Many professional chefs also testify for it, as it enables them to fine tune their dishes and balance off any unwanted naturally occurring sweetness.
Citric Acid Ester Market Report Snapshots
Need a Custom Report?
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Customize NowWant to Buy a Report but have a Limited Budget?
We help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail
Request DiscountPress Release
Credibility and Certifications
9001:2015
27001:2022
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients
U.S.: 
U.K. : 
India :