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Global Butyric Acid Market Insights Report 2019 – 2025 | Key Players-Mitsubishi Chemical Corporation, LyondellBasell Industries N.V., HELM AG, GNFC Limited, DuPont,

Global Butyric Acid Market

Global Butyric Acid Market research report fuses the decisively analyzed and assessed data of the key business players and their degree in the market by techniques for different logical instruments. Global Butyric Acid Market is reach worth USD 455 million by 2025 The orderly apparatuses, for instance, Porter’s five powers analysis, SWOT analysis, logical study, and income return examination have been used to separate the improvement of the key players working in the market. This report contains important information to help identify and analyze market needs, size of the market, and competition from the Butyric Acid industry. For qualitative analysis, focus groups and in-depth interviews are included, while quantitative analysis was conducted for customer survey and secondary data analysis.

 

Key Market Competitors: Global Butyric Acid Market

The key players operating in the global butyric acid market are –

Eastman Chemical Company, Perstorp Holding AB, Oxea GmbH, Blue Marble Biomaterials, LLC, Tokyo Chemical Industry Co., Ltd. The other players in the market are Beijing Huamaoyuan Fragrance Flavor Co. Ltd., Snowco Industrial Co. Ltd., Wacker Chemie AG, Svensk Etanolkemi AB (SEKAB), Sinopec, Showa Denko K.K., SABIC, Petro China, Mitsubishi Chemical Corporation, LyondellBasell Industries N.V., HELM AG, GNFC Limited, DuPont, Daicel Corporation, Celanese Corporation, British Petroleum Plc

Market Analysis:

The Global Butyric Acid Market is expected to reach USD 455 million by 2025, from USD 195 million in 2017 growing at a CAGR of 16% during the forecast period of 2018 to 2025.

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Market Definition:

Butyric acid is also known as systematic butanoic acid which is found in milk, especially in goat, sheep and buffalo milk. By hydrolysis process, butyric acid is liberated from the glyceride and has an unpleasant odour. It is an important part of the fatty acid subgroup which is known as short chain fatty acid. Butyric acid attacks many metals and has strong oxidants when reacts with bases. Due to its highly acidic nature, safety measures are taken by equipping PVC gloves, protective eye goggles and shoes are used while handling butyric acid. Various butyrate compounds are prepared through butyric acid. In many perfumes, methyl butyrate is used because of its pleasant aroma or taste. According to the European government, Europe has exported USD 150 million in butyric products in 2017. According to the report, butyric products produced in China were estimated at USD 98 million. Due to all above factors there is a huge demand in butyric acid market all around the globe.

Segmentation:

  • By Application (Animal Feed, Chemicals Intermediate, Food & Flavours, Pharmaceuticals, Perfumes, Others),
  • By Type (Synthetic Butyric Acid, Renewable Butyric Acid),
  • By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Competitive Landscape: Global Butyric Acid Market

The global butyric acid market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global butyric market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

In Texas, USA the global chemical company Oxea has successfully started up its new 100,000 mt per annum world-scale production unit “propanol 2” at its bay city,

Table of Contents:

Chapter 1: Study Coverage

Chapter 2: Executive Summary

Chapter 3: Market Size-by Manufacturers

Chapter 4: Production-by Regions

Chapter 5: Consumption-by Regions

Chapter 6: Market Size-by Type

Chapter 7: Market Size-by Application

Chapter 8: Manufacturers Profiles

Chapter 9: Production Forecasts

Chapter 10: Consumption Forecast

Chapter 11: Upstream, Industry Chain and Downstream Customers Analysis

Chapter 12: Opportunities & Challenges, Threat and Affecting Factors

Chapter 13: Key Findings

Chapter 14: Appendix

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Key Insights in the report:

  • Historical and current market size and projection up to 2025
  • Market trends impacting the growth of the global butyric acid market
  • Analyse and forecast the butyric acid market on the basis of animal feed, product, geography
  • Trends of key regional and country-level markets for animal feed, product, geography
  • Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis

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Market Drivers:

  • Rising population and the fast-growing animal feed sector
  • Demand for renewable butyric acid in the food & flavour
  • Rising demand from end-user industries

Market Restraints:

  • Rising health concerns regarding the toxic use of butyric acid
  • Adverse effects of butyric acid

Analysis based on

  • What was the market size in 2016?
  • What are the moves of key players?
  • Which region is leading the market at global level?
  • A comprehensive/competitive analysis of the market?
  • Strategies of key players and product offerings?

 

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