openPR Logo
Press release

Butyric Acid Market to Garner Brimming Revenues by 2023

06-20-2018 04:43 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research

Butyric acid is a carboxylic acid, also known as butanoic acid, with its esters and salts known as butanoates and butyrates. It exhibits an unpleasant smell, having an acrid taste and is usually found in the milk of farm animals such as buffalo, sheep and goat. Butyric acid is industrially manufactured by the fermentation of starch or sugar, with the addition of putrefying cheese, added with calcium carbonate for the purpose of neutralizing the acids formed in the procedure. This fermented butyric acid is also found as octyl butyrate in parsnip, and as hexyl butyrate in the oil of hogweeds. As butyric acid is also manufactured at a relatively low rate, yield and concentration, traditional butyric acid fermentation process is not yet economically competitive.

View Report Preview:
https://www.transparencymarketresearch.com/butyric-acid-market.html

It is also manufactured via chemical synthesis on an industrial scale which involves the oxidation of butyraldehyde, obtained from propylene which is derived by oxosynthesis from crude oil. On account of availability of starting materials and lower production costs, wide preference is given to the chemical synthesis of butyric acid. Although fermentation is relatively expensive than chemical synthesis of butyric acid, it has succeeded in garnering more attention owing to rising consumer demand for natural and organic products as compared to chemically synthesized products, as well as rapid increase in crude oil prices needed for the chemical synthesis of butyric acid.

Increasing production of butyric acid has been witnessed from processing wastes and agriculture industry. It used in a wide range of applications such as food, chemical and pharmaceutical industries. Butyric acid shares a wide application scope in the chemical industry, in addition to its increasing demand as a precursor to biofuels. Focus on research and development activities has been directed towards alternative fuel sources with the increase in petroleum price as well as continuous reduction in availability of petroleum coupled with growing demand for clean energy sources. Biofuels offer many environmental advantages such as security of supply, reduction of greenhouse gas emissions and sustainability. Moreover, as biofuels are one of the most promising sources for replacing gasoline in the future, significant attention has been paid towards bio-butanol, with its major use as industrial solvents while also offering certain advantages over ethanol in transportation fuels. These factors have significantly contributed towards the increasing demand for butyric acid in biofuels

Some of the key manufacturers have entered into several collaborations and agreements with other companies for the marketing of new products as well as garnering a larger share in the market. Large scale manufacturers such as Eastman Chemical Company have implemented various growth strategies for increasing their production capacity by an additional 11 million pounds of butyric acid to support growing internal and external demand for the acid. The agreement was made in January 2013 with the company disclosing their purpose of satisfying the demand for butyric acid which they have currently forecasted, while also mentioning their capability to expand further as demand increases. Increasing demand for butyric acid from the several end-user industries such as food & beverage and pharmaceuticals are expected to be one of the major growth factors for the market. However, rising health concerns regarding the toxic use of butyric acid is expected to slow down the growth of the market. Increasing implementation of butyric acid as biofuels is expected to provide new opportunities for the growth of the market.

Request to view Sample Report:
https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4782

Alfa Aesar GmbH & CO KG, Dmitrievsky Chemical Plant, and Eastman Chemical Company are some of the major manufacturers of butyric acid present in the market.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact Us

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Butyric Acid Market to Garner Brimming Revenues by 2023 here

News-ID: 1091050 • Views: 271

More Releases from Transparency Market Research

Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals

All 5 Releases


More Releases for Butyric

Butyric Acid Derivatives Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Butyric Acid Derivatives Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-butyric-acid-derivatives-market_p106543.html   Butyric acid derivatives are salts and esters
Global Butyric Acid Market Research Report Market Size by Type : Synthetic Butyr …
A newly compiled business intelligent report, titled “Global Butyric Acid Market” Research Report 2019 has been publicized to the vast archive of Market Research Hub (MRH) online repository. The study revolves around the analysis of Butyric Acid Market, covering key industry developments and market opportunity map during the mentioned forecast period. This report further conveys quantitative & qualitative analysis on the concerned market, providing a 360 view on current and
Butyric Acid Market to Rear Excessive Growth During 2015 – 2023
Butyric acid is a carboxylic acid, also known as butanoic acid, with its esters and salts known as butanoates and butyrates. It exhibits an unpleasant smell, having an acrid taste and is usually found in the milk of farm animals such as buffalo, sheep and goat. Butyric acid is industrially manufactured by the fermentation of starch or sugar, with the addition of putrefying cheese, added with calcium carbonate for the
Butyric Acid Derivatives Market to Register Substantial Expansion by 2024
The global market for butyric acid derivatives demonstrates a competitive landscape, states a report by transparency Market Research (TMR). The leading companies, such as Perstorp Holding, Nutreco, and Bioscreen Technologies, are engaging in strategic mergers and acquisitions to increase their regional market share, which is likely to intensify the rivalry between them in the near future, states the report. As per the report, the global butyric acid derivatives was worth US$227.5
Butyric Acid Derivatives Market to Record Sturdy Growth | 2024
The global market for butyric acid derivatives demonstrates a competitive landscape, states a report by transparency Market Research (TMR). The leading companies, such as Perstorp Holding, Nutreco, and Bioscreen Technologies, are engaging in strategic mergers and acquisitions to increase their regional market share, which is likely to intensify the rivalry between them in the near future, states the report. View Full Report: https://www.transparencymarketresearch.com/butyric-acid-derivatives-market.html As per the report, the global butyric acid
Butyric Acid Derivatives Industry Trends and key Insights by 2024
The global market for butyric acid derivatives demonstrates a competitive landscape, states a report by transparency Market Research (TMR). The leading companies, such as Perstorp Holding, Nutreco, and Bioscreen Technologies, are engaging in strategic mergers and acquisitions to increase their regional market share, which is likely to intensify the rivalry between them in the near future, states the report. As per the report, the global butyric acid derivatives was worth US$227.5