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Butyric Acid Market Analysis 2018 Forecasting Players Like Perstorp Group, Wacker Chemie, Blue Marble Biomaterials, Oxea, Eastman Chemical Company, TCI - Tokyo Chemical Industry
Butyric Acid
This report studies the worldwide butyric acid market standing and forecast, categorizes the worldwide market size (value & volume) by key players, type, application, and region. This butyric acid report focuses on the highest players in North America, Europe, China, Japan, geographic area India and alternative regions (Middle East , Central & South America).
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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 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. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
Key Market Competitors: Global Butyric Acid 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. 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
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Segmentation: Global Butyric Acid Market
By Product
• Sodium Butyrate
• Calcium Butyrate
• Others
By Animal Feed
• Poultry
• Swine
• Others (Ruminants, Aquaculture, Pets etc.)
By Geography
• Asia Pacific
o China
o South Korea
o Japan
o India
o Australia
o Singapore
o Thailand
o Indonesia
o Malaysia
o Philippines
o Rest of Asia-Pacific
• North America
o US
o Canada
o Mexico
• Europe
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Spain
o France
o Germany
o Italy
o UK
o Rest of Europe
• South America
o Brazil
o Rest of south America
• Middle East & Africa
o Saudi Arabia
o UAE
o Africa
o Rest of MEA
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
Related Report:
The Global Fatty Amines Market accounted for USD 1.92 billion in 2017 and is projected to grow at a CAGR of 3.5% during the forecast period of 2018 to 2025.
Visit: http://databridgemarketresearch.com/reports/global-fatty-amines-market
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