The UPS acid market in terms of value is expected to reach $290 million by 2019, growing at a CAGR of 6.1% between 2014 and 2019. Asia-Pacific dominated the UPS acid market in terms of value in 2013. Asia-Pacific is expected to remain the major region by 2019, growing at a CAGR of 8.0% between 2014 and 2019. The ROW is expected to be the fastest growing market at a CAGR of 5.4% between 2014 and 2019. Europe and North America are experiencing a slower growth rate during the period under study, at a CAGR of 3.3% and 3.5% respectively between 2014 and 2019, owing to the rising consumption in the Asia-Pacific region, where the end-user markets of UPS acid are growing steadily.
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