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Butyric Acid Market By Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals & Others) - Growth, Share, Opportunities & Competitive Analysis, 2016 - 2022

Butyric acid is a colorless chemical used in various applications such as animal feed, chemical intermediate, food and flavors, pharmaceuticals, and others. In 2014, animal feed accounted for 40% share of the total market in terms of value and was projected to maintain its dominance during the forecast period. However, the food and flavors segment is projected to witness the highest growth rate during the forecast period.

This study provides forecasts of the major regions and market trends affecting global butyric acid demand. The study also includes an analysis of the major factors driving and restraining the market growth. Overall, the study presents a complete analysis of the global butyric acid market, covering all its major parameters.

To provide a complete comprehension of the study, it includes porter’s five force analysis. Geography includes regions such as North America, Europe, Asia Pacific, and RoW, which are further sub-segmented in various countries. 

Some of the leading players in this market are Perstorp Holding AB, Blue Marble Biomaterials, Eastman Chemical Company, Beijing Huamaoyuan Fragrance Flavor Co., Ltd., OXEA GmbH, and Tokyo Chemical Industry Co., Ltd, among others.

Purpose of the Report

The purpose of this strategic research study titled “Global Butyric Acid Market” is to provide company executives, industry investors, and industry participants with in-depth insights to make informed strategic decisions regarding the opportunities in the global butyric acid market.

Target Audience

  • Industry investors
  • Raw material suppliers
  • Distributors
  • Manufacturers
  • Retailers
  • Companies who want to enter the market and companies who want to diversify their product portfolio

Overall, the research study provides a holistic view of the global butyric acid market, growth offering market size, and estimates from 2015 to 2022, keeping in mind the above-mentioned factors.

The application segments covered in the study include animal feed, chemical intermediate, food and flavors, pharmaceuticals, and others. The animal feed sector comprised a 40% market share in 2014 in revenue. In the same year, the second biggest application segment was chemicals intermediate at 23% in value.The demand for animal feed, food & flavor, and pharmaceutical applications will be the major factors influencing the global butyric acid market demand. 

Based on geography, the global butyric acid market is segmented into the following regions

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • Rest of RoW

The Asia Pacific is the leading market for butyric acid and has accounted for a share of 42.5% in terms of revenue in 2014. This trend is projected to continue during the forecast period. The estimated growth for the North American region is second highest after Asia-Pacific. European region is a comparatively mature market and is projected to witness average growth rates during the forecast period. On the other hand, the market revenue of butyric acid is comparatively low in the RoW region.

Frequently Asked Questions

The market for Butyric Acid Market is expected to reach USD XX Mn by 2022.

The Butyric Acid market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2016-2022.

The base year of this report is 2015.

Blue Marble Biomaterials, Eastman Chemical Company, Beijing Huamaoyuan Fragrance Flavor Co., Ltd., OXEA GmbH are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  May 2016
Category:  Chemicals
Report ID:   57817
Report Format:   PDF
Pages:   120
Rating:    4.3 (65)
Delivery Time: 24 Hours to 48 Hours   
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