The global butyric acid market was valued at USD 124.6
Million in 2014 and is expected to grow at 15.1% CAGR for the time period
2014-2020.
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The global market for butyric acid, along with its
applications, has witnessed a high growth for the past few years and this
growth is estimated to increase in the coming years. This growth is fueled by
rise in demand of animal feed, especially for swine and poultry. Also, the
demand for renewable butyric acid in the food & flavor and pharmaceuticals
sector is causing a surge in demand. There is a reduced use of antibiotics in
the animal feed industry in Europe and North America, generating opportunities
of demand for butyric acid.
Asia-Pacific is the largest and the fastest growing market
due to the growing demand for butyric acid in India and China. Europe is a
matured market and is expected to grow at a low CAGR till 2020.
This study basically aims to estimate the global market of
butyric acid for 2015 and to project its demand by 2020. This market research
study provides a detailed qualitative and quantitative analysis of the global Butyric
acid market. We have used various secondary sources such as
directories, industry journals, and databases to identify and collect
information useful for this extensive commercial study of the butyric acid
market. The primary sources–experts from related industries and suppliers–have
been interviewed to obtain and verify critical information as well as to assess
the future prospects of butyric acid.
Competitive scenarios of the top players in the butyric acid
market have been discussed in detail. We have also profiled leading players of
this industry with their recent developments and other strategic industry
activities. These include key butyric acid manufacturers such as Eastman
Chemical Company(U.S.), OXEA GmbH (Germany), Perstorp Holding AB (Germany),
Tokyo Chemical Industry Co. Ltd.(Japan), Blue Marble Biomaterials(U.S.),
Beijing Huamaoyuan Fragrance Flavor Co., ltd., Inc. (China), Snowco industrial
Co., Ltd. (China).
Scope of the Report
- The global butyric
acid market is segment as follows: the global market has been covered in
detail in this report. In order to provide an all-round picture, the
current market demand and forecasts have also been included.
On the basis of Type:
- Synthetic Butyric
Acid
- Renewable Butyric
Acid
On the basis of Application:
- Animal Feed
- Chemical
Intermediate
- Food and Flavor
- Pharmaceutical
- Perfume
- Others
List of Figures (55
Figures)
Figure 1 Global Butyric Acid Market - Segmentation &
Coverage
Figure 2 Integrated Ecosystem of the Butyric Acid Market
Figure 3 Top Down Approach
Figure 4 Bottom Up Approach
Figure 5 Demand Side Approach
Figure 6 Global Butyric Acid Market Snapshot- 2014
Figure 7 Butyric Acid Market - Evolution, Challenges, and Prospects
Figure 8 Market Overview: Global Butyric Acid Market, By Application, 2014 & 2020 (USD MN, KT)
Figure 9 Butyric Acid – Manufacturing Process
Figure 10 Average Global Butyric Acid Prices
Figure 2 Integrated Ecosystem of the Butyric Acid Market
Figure 3 Top Down Approach
Figure 4 Bottom Up Approach
Figure 5 Demand Side Approach
Figure 6 Global Butyric Acid Market Snapshot- 2014
Figure 7 Butyric Acid Market - Evolution, Challenges, and Prospects
Figure 8 Market Overview: Global Butyric Acid Market, By Application, 2014 & 2020 (USD MN, KT)
Figure 9 Butyric Acid – Manufacturing Process
Figure 10 Average Global Butyric Acid Prices
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We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
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