Butyric Acid Market Overview by Recent Opportunities, Growth Size, Regional Analysis and Forecasts to 2028

Butyric Acid Market was valued at USD 172.8 billion in 2021 and is expected to grow at a CAGR of 7% between 2022 and 2028. Butyric acid, also known by the systematic name Butanoic acid. It is a carboxylic acid with structural formula CH3CH2CH2CO2H.It is a colorless and oily liquid, soluble in ethanol, water and ether. Isobutyric acid (2-methylpropanoic acid)is an isomer. Salts and esters of butyric acid are referred to as butanoates or butyrates. This acid does not occur widely in nature, while esters are widespread. It speaks as a common industrial chemical.

Top Major Key Players Industries

Eastman Chemical Company
Perstorp Holding AB
Merck KGaA
Tokyo Chemical Industry Co., Ltd
OQ Chemicals GmbH

By Source
Renewable Butyric Acid
Synthetic Butyric Acid

By Application
Chemical Intermediates
Animal Feed
Pharmaceuticals
Perfumes
Food and Flavors
Other Applications

 

Scope of the Report

The research study analyzes the global Butyric Acid industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume

Key Questions Answered by Butyric Acid Market Report

What was the Butyric Acid Market size in 2018 and 2022; what are the estimated growth trends and market forecast (2022-2028).
What will be the CAGR of Butyric Acid Market during the forecast period (2022-2028)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2022-2028).
Which manufacturer vendor or players in the Butyric Acid Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.