Title: Global Butyric acid Market
1Global Butyric Acid Market Industry Analysis
and Forecast 2018-2026, by Type, by Application,
by Regions.
Global Butyric acid Market was valued US 190 Mn
in 2017, and expected to reach US 622.8 Mn by
2026, at CAGR of 15.9 during forecast period.
Butyric acid is an organic compound and one of
the carboxylic acids which is largely obtained
from propylene by employing various processes,
for example Oxo-synthesis. Butyric acid is a
volatile fatty acid that can be used as a
flavoring agent. It has fruity or cheesy flavor
and is mainly found in dairy products. Salts and
esters of butyric acid are known as butyrates or
butanoates. Butyric acid is found in animal fat
and plant oils, bovine milk, breast milk,
butter, parmesan cheese, and as a product of
anaerobic fermentation (including in the colon
and as body odor). The global butyric acid market
is witnessing growth owing to the increasing
demand from its applications, such as animal
feed, chemical intermediate, food Flavors,
pharmaceuticals, perfumes, and others. Butyric
acid is considered the most efficient energy
sources for intestinal cells, causing it to
become a major raw material for animal feeds,
especially for poultry and swine.
2- Animal feed segment is projected to be the
fastest growing end-user application of the
butyric acid market during forecast period. The
second biggest application segment is chemicals
intermediate segment. - The synthetic butyric acid segment is the most
popular type in the butyric acid market. In
poultry and swine, reduced usage of anti-biotics
in animal feed and a preference for synthetic
butyric acid in food flavor and pharmaceutical
sectors. The major driver in the market is
rising demand from various end user industries
and ban on consumption of antibiotics in animal
feed in some countries. Asia Pacific is the
largest and fastest growing market. India and
China are the two major countries towards the
market growth. Due to the rising demand for
meat, and food Flavours, increasing concerns
for animal care. The future growth of the
industry would be increased by the investments in
animal feed and chemical industry in
Asia-Pacific and North America. - Key companies profiled in Global Butyric Acid
Market Report are Oxea Gmbh, Eastman Chemical
Company, Perstorp Holding Ab, Blue Marble
Biomaterials, Tokyo Chemical Industry Co., Ltd.
and Beijing Huamaoyuan Fragrance Flavor Co., Ltd. - The report covers total market for Butyric Acid
has been analyzed based on the Porter's five
forces model. The impact of the different market
factors, such as drivers, restraints, and
opportunities, challenges key issues SWOT
analysis, and technology forecasting is also
illustrated in the report. This gives an idea
about the key drivers, such as high growth and
demand in emerging economies countries. - Scope of Butyric Acid Market
- Global Butyric Acid Market, by Type
- Synthetic Butyric Acid Renewable Butyric Acid
- Global Butyric Acid Market, by Application
- Animal Feed Chemicals Intermediate Food
Flavors Pharmaceuticals Perfumes Others - Global Butyric Acid Market, by Region
- North America Europe Asia Pacific Middle
East Africa South America - Key Players Operating in Global Butyric Acid
Market - Oxea Gmbh
- Eastman Chemical Company
- Perstorp Holding Ab
- Blue Marble Biomaterials
3- Tokyo Chemical Industry Co., Ltd.
- Beijing Huamaoyuan Fragrance Flavor Co., Ltd.
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