Global Butyric Acid Market 2024-2028

Description

List of Tables

The butyric acid market is forecasted to grow by USD 221.59 mn during 2023-2028, accelerating at a CAGR of 9.7% during the forecast period. The report on the butyric acid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing incidence of gastrointestinal diseases, growing demand for butyric acid for animal feed applications, and increasing demand for food flavoring substances in processed foods.

Technavio's butyric acid market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	8.8%
CAGR	9.7%
Incremental Value	$221.59mn

By Application

Animal feed
Food and flavors
Pharmaceuticals
Chemical intermediates
Others

By Type

Synthetic
Renewable

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the emerging use of butyric acid in bio-derived biofuels as one of the prime reasons driving the butyric acid market growth during the next few years. Also, rise in number of new product launches by market vendors and increasing number of M and A among market vendors will lead to sizable demand in the market.

The report on the butyric acid market covers the following areas:

Butyric acid market sizing
Butyric acid market forecast
Butyric acid market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading butyric acid market vendors that include AFYREN, ARVESTA BV, Central Drug House, Eastman Chemical Co., Ennore India Chemical International, Hefei TNJ Chemical Industry Co. Ltd., Kemin Industries Inc., KUNSHAN ODOWELL CO. LTD., Merck KGaA, METabolic EXplorer SA, Muby Chemicals, National Analytical Corp., OQ SAOC, Payal Impex, PEEKAY AGENCIES PVT. LTD., PETRONAS Chemicals Group Berhad, Shri Rajaram Chemicals and Engg, Tokyo Chemical Industry Co. Ltd., Vizag Chemical International, and Yufeng International Group Co. Ltd.. Also, the butyric acid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR77852

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global butyric acid market 2018 - 2022
4.2 Application Segment Analysis 2018 - 2022
4.3 Type Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Application

6.1 Market segments
6.2 Comparison by Application
6.3 Animal feed - Market size and forecast 2023-2028
6.4 Food and flavors - Market size and forecast 2023-2028
6.5 Pharmaceuticals - Market size and forecast 2023-2028
6.6 Chemical intermediates - Market size and forecast 2023-2028
6.7 Others - Market size and forecast 2023-2028
6.8 Market opportunity by Application

7 Market Segmentation by Type

7.1 Market segments
7.2 Comparison by Type
7.3 Synthetic - Market size and forecast 2023-2028
7.4 Renewable - Market size and forecast 2023-2028
7.5 Market opportunity by Type

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
9.4 North America - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 Germany - Market size and forecast 2023-2028
9.11 India - Market size and forecast 2023-2028
9.12 Brazil - Market size and forecast 2023-2028
9.13 Market opportunity By Geographical Landscape

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 AFYREN
12.4 ARVESTA BV
12.5 Central Drug House
12.6 Eastman Chemical Co.
12.7 Ennore India Chemical International
12.8 Hefei TNJ Chemical Industry Co. Ltd.
12.9 Kemin Industries Inc.
12.10 KUNSHAN ODOWELL CO. LTD.
12.11 Merck KGaA
12.12 METabolic EXplorer SA
12.13 OQ SAOC
12.14 PETRONAS Chemicals Group Berhad
12.15 Shri Rajaram Chemicals and Engg
12.16 Tokyo Chemical Industry Co. Ltd.
12.17 Yufeng International Group Co. Ltd.

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations