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Global Butyric Acid Market Share

  • Report ID: GMI3549
  • Published Date: Mar 2021
  • Report Format: PDF
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Butyric Acid Market Share

Global butyric acid industry is fragmented, and key players include:

  • OXEA GmbH
  • Beijing Huamaoyuan Fragrance Flavor Co., ltd
  • Perstorp Holding AB
  • Dmitrievsky Chemical Plant
  • Eastman Chemical Company
  • Tokyo Chemical Industry Co. Ltd
  • Blue Marble Biomaterials
  • Snowco industrial Co., Ltd
  • Alfa Aesar GmbH & CO KG

Moreover, other small manufacturers are also showing keen interest in the market owing to its wide array of application in many of the end use industry such as pharmaceutical, food & beverage, and chemical. In addition, manufacturers are also engaged in several activities to strengthen its position in the market.
 

On 26th May 2017. Oxea GmbH has raised its carboxylic acids production facility in Germany and strengthen its market position. Through this the company has enhanced the production short-chain fatty acids such as isobutyric acid, butyric acid and propionic acid. These listed products are mostly used in the animal feed industry, as it is used as building blocks for feed materials.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

The global butyric acid industry size was more than USD 175 million in 2020 and will witness nearly 13.2% CAGR up to 2027 with higher consumption in the pharmaceutical and food applications.

The market share of butyric acid from use in the cosmetics sector is projected to go beyond USD 17.5 million by 2027 with growing use in perfume additives and other similar products.

Global butyric acid industry share from the renewable type segment is expected to surpass USD 225 million by 2027 with consistent rise in the demand for bio-based ingredients.

It is expected that the industry share from animal feed application segment could hit USD 105 million by 2027 with the increasing need to tackle problems like infectious animal diseases and intestinal health.

North America is anticipated to reach USD 90 million in valuation by 2027 with a surge in the consumption across pharmaceutical applications.

Butyric Acid Market Scope

  • Butyric Acid Market Size
  • Butyric Acid Market Analysis
  • Butyric Acid Market Share

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    Premium Report Details

    • Base Year: 2020
    • Companies covered: 9
    • Tables & Figures: 197
    • Countries covered: 23
    • Pages: 165
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