Press release
Global Butyric Acid Market Business Growth Hacking Strategies By 2024 - Key Players are Eastman Chemical Company,Perstorp Holding AB,Oxea GmbH,Blue Marble Biomaterials, LLC,Tokyo Chemical Industry Co., Ltd., SABIC, Mitsubishi Chemical Corporation
Global Butyric Acid Market
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
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Butyric acid is also known as systematic butanoic acid which is found in milk, especially in goat, sheep and buffalo milk. By hydrolysis process, butyric acid is liberated from the glyceride and has an unpleasant odour. It is an important part of the fatty acid subgroup which is known as short chain fatty acid. Butyric acid attacks many metals and has strong oxidants when reacts with bases. Due to its highly acidic nature, safety measures are taken by equipping PVC gloves, protective eye goggles and shoes are used while handling butyric acid. Various butyrate compounds are prepared through butyric acid. In many perfumes, methyl butyrate is used because of its pleasant aroma or taste.
According to the European government, Europe has exported USD 150 million in butyric products in 2017. According to the report, butyric products produced in China were estimated at USD 98 million. Due to all above factors there is a huge demand in butyric acid market all around the globe.
Major 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
Major market Restraints:
• Rising health concerns regarding the toxic use of butyric acid
• Adverse effects of butyric acid
Market 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
• North America
• Europe
• South America
• 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
Browser Full Report With Research Methodology And Table Of Content @ https://databridgemarketresearch.com/inquire-before-buying/?dbmr=global-butyric-acid-market
Key Market Competitors:
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
Major Topics Covered in this Report:
• Chapter 1 Study Coverage
• Chapter 2 Executive Summary
• Chapter 3 Market Size by Manufacturers
• Chapter 4 Supervisory Control and Data Acquisition System Production by Regions
• Chapter 5 Supervisory Control and Data Acquisition System Consumption by Regions
• Chapter 6 Market Size by Type
• Chapter 7 Market Size by Application
• Chapter 8 Manufacturers Profiles
• Chapter 9 Production Forecasts
• Chapter 10 Consumption Forecast
• Chapter 11 Upstream, Industry Chain and Downstream Customers Analysis
• Chapter 12 Opportunities & Challenges, Threat and Affecting Factors
• Chapter 13 Key Findings
• Chapter 14 Appendix
Competitive Landscape:
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 report includes market shares of global butyric market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
More information for Report @ https://databridgemarketresearch.com/reports/global-butyric-acid-market/
Key Insights in the report:
• Historical and current market size and projection up to 2025
• Market trends impacting the growth of the global butyric acid market
• Analyze and forecast the butyric acid market on the basis of animal feed, product, geography
• Trends of key regional and country-level markets for animal feed, product, geography
• Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com
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