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![Carboxylic Acid Market - Size, Share, Revenue and Growth Forecast 2031](https://fortunetelleroracle.com/upload/media/posts/2021-10/25/carboxylic-acid-market-size-share-revenue-and-growth-forecast-2031_1635150552-b.jpg)
Carboxylic acid is under scrutiny for the development of medicines and pharmaceuticals for the treatment of COVID-19 patients. Companies in the carboxylic acid market are increasing efforts to maintain robust supply chains in essential industries such as food & beverages (F&B) and life sciences to keep economies running during the pandemic. As such, staggered growth in the lubricants industry, the animal feed industry and the fragrances industry is emerging as a challenge for manufacturers in the carboxylic acid market.
Manufacturers in the market are increasing efforts to achieve financial flexibility by focusing on debt planning and limiting their investment in new technologies due to poor revenue flow in the market. Companies are ensuring business continuity for mission critical applications in the sciences, agriculture, and F&B industries. They are adopting the plug-and-play mode for the production to align with volatile demand & supply for goods.
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Extractive Fermentation Technologies Help Overcome Challenges of Chemical Synthesis
The fermentation helps to produce a pure isomer of the carboxylic acid, which can be used for better processing and applications purposes. The fermentation process does have an advantage over chemical synthesis of carboxylic acid, since the latter usually produces a mixture of optical isomers that are difficult to separate from each other. Nevertheless, the fermentation has a disadvantage of low productivity and product concentration that tend to limit its industrial applications. Hence, companies in the carboxylic acid market are gaining a strong research base in extractive fermentation technologies that help to alleviate product inhibition.
Extractive fermentation technologies are being highly publicized to improve the fermentation for economical production of many industrially important carboxylic acids that are currently produced by petrochemical routes.
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