Press release
Isobutyric Acid Market Hits New High | Major OQ Chemicals GmbH Eastman Chemical Company Tokyo Chemical Industry (India) Pvt. Ltd. Snowco Evonik AFYREN Nanjing Chemical Material Corp. Yufeng International Group Co., Ltd. Others
According to a report by Spherical Insights & Consulting, the global isobutyric acid market is projected to grow from USD 180.5 million in 2023 to USD 356.5 million by 2033, expanding at a compound annual growth rate (CAGR) of 7.05% over the forecast period 2023 to 2033.The global isobutyric acid market represents the commercial landscape for isobutyric acid-a short-chain fatty acid known for its distinctive odor and versatile chemical properties. Widely utilized across industries such as food and flavoring, pharmaceuticals, animal feed, agriculture, and specialty chemicals, isobutyric acid plays a crucial role in both synthetic and bio-based manufacturing. Its unique chemical structure makes it suitable for polymer production, while its potential to be derived from renewable feedstocks positions it as a sustainable alternative to petroleum-based compounds. With growing investments in R&D, green chemistry, and renewable energy initiatives, demand for bio-based isobutyric acid is gaining momentum. However, despite its growing industrial relevance, the market faces challenges from stringent environmental regulations and concerns surrounding chemical waste management. Nonetheless, the broad application scope and increasing push toward sustainable chemical processes continue to drive growth in the global isobutyric acid market.
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Market Overview
The isobutyric acid market encompasses the commercial trade of isobutyric acid-a short-chain fatty acid with a sharp, distinctive odor-used extensively in industries such as food and flavoring, pharmaceuticals, animal feed, chemicals, and agriculture. As an organic compound featuring a carboxylic acid functional group, isobutyric acid is gaining traction due to the rising global demand for eco-friendly and sustainable products. Its unique molecular structure makes it well-suited for polymer manufacturing and other industrial applications. Moreover, isobutyric acid can be synthesized from renewable feedstocks, positioning it as a promising bio-based alternative to petroleum-derived chemicals. Supportive government policies, including sustainability mandates, R&D incentives, and renewable energy initiatives, are accelerating the development and adoption of such bio-based.
Key Market Drivers
• Sustainability Shift: Rising demand for eco-friendly, bio-based chemicals.
• Pharma & Feed Use: Expanding applications in pharmaceuticals and animal nutrition.
• Food Industry Growth: Increased use as a flavoring agent in food and beverages.
• Government Support: Incentives and policies promoting renewable chemicals.
• Polymer Demand: Growing use in polymer, coatings, and resin manufacturing.
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The synthetic isobutyric acid segment held the largest revenue share of 79.5% in 2023 and is expected to grow at a significant CAGR during the forecast period.
The synthetic isobutyric acid segment accounted for the largest share of the global market in 2023, capturing 79.5% of total revenue, and is anticipated to expand at a notable CAGR during the forecast period. The global isobutyric acid market is categorized into synthetic and renewable isobutyric acid based on type. Among these, synthetic isobutyric acid continues to dominate due to its suitability for large-scale production, which effectively meets the industrial demand. Key factors driving growth in this segment include its high purity, consistent quality, and reliable supply, making it the preferred choice across several applications.
The pharmaceuticals segment accounted for the largest revenue share of over 37.4% in 2023 and is expected to grow at a significant CAGR during the forecast period.
The synthetic isobutyric acid segment accounted for the largest share of the global market in 2023, capturing 79.5% of total revenue, and is anticipated to expand at a notable CAGR during the forecast period. The global isobutyric acid market is categorized into synthetic and renewable isobutyric acid based on type. Among these, synthetic isobutyric acid continues to dominate due to its suitability for large-scale production, which effectively meets the industrial demand. Key factors driving growth in this segment include its high purity, consistent quality, and reliable supply, making it the preferred choice across several applications.
Leading players of Isobutyric Acid Market including:
• OQ Chemicals GmbH
• Eastman Chemical Company
• Tokyo Chemical Industry (India) Pvt. Ltd.
• Snowco
• Evonik
• AFYREN
• Nanjing Chemical Material Corp.
• Yufeng International Group Co., Ltd.
• Jiangsu Dynamic Chemical Co., Ltd.
• Glentham Life Sciences Limited
• Central Drug House
• Shanghai Aladdin Biochemical Technology Co., Ltd.
• Others
Key Challenges
• Strict Regulations: Compliance with environmental and safety standards.
• Raw Material Volatility: Fluctuating prices of synthetic and bio-based feedstocks.
• High Bio-Based Costs: Expensive production of renewable isobutyric acid.
• Low Market Awareness: Limited knowledge in emerging economies.
• Scale-Up Issues: Technical challenges in expanding bio-based manufacturing.
Research Objectives
1. To analyze the current size, value, and growth trajectory of the global isobutyric acid market from 2023 to 2033.
2. To identify and evaluate the key market drivers, restraints, and opportunities influencing demand across major end-use industries such as pharmaceuticals, animal feed, food & flavoring, and chemicals.
3. To assess the impact of bio-based production trends and sustainability regulations on market dynamics and future adoption.
4. To examine regional market trends and growth potential, focusing on key markets such as North America, Europe, Asia-Pacific, and emerging economies.
5. To study the competitive landscape, including profiling of major players, recent developments, and strategic initiatives in the global isobutyric acid industry.
6. To provide a detailed forecast of market demand, segmentation by application and product type, and expected CAGR through 2033.
Recent Developments
In January 2023, AFYREN, a green technology company specializing in bio-based, low-carbon ingredients through its proprietary circular fermentation process, signed a Letter of Agreement with Mitr Phol, one of Thailand's leading cane sugar producers. The partnership aims to establish a biorefinery in Thailand, leveraging renewable resources to support sustainable chemical production in the region.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global isobutyric acid market based on the below-mentioned segments:
Global Isobutyric Acid Market, By Type
• Synthetic Isobutyric acid
• Renewable Isobutyric Acid
Global Isobutyric Acid Market, By End Use
• Animal Feed
• Chemical Intermediates
• Food & Flavors
• Pharmaceuticals
• Others
Global Isobutyric Acid Market, Regional Analysis
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o Uk
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia Pacific
• South America
o Brazil
o Argentina
o Rest of South America
• Middle East & Africa
o UAE
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa
What's covered in the report?
1. Overview of the Inspection Isobutyric Acid Market
2. The current and forecasted regional (North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa) market size data for the Inspection Camera System market, based on segment.
3. Inspection Isobutyric Acid Market trends.
4. Inspection Isobutyric Acid Market drivers.
5. Analysis of major company profiles.
Five Forces Analysis
• Threat of New Entrants: Moderate - High investment and regulatory barriers; bio-based innovation attracts startups.
• Bargaining Power of Suppliers: Moderate to High - Limited feedstock sources and raw material volatility increase supplier influence.
• Bargaining Power of Buyers: Moderate - Buyers demand quality and customization, but rising demand limits their leverage.
• Threat of Substitutes: Moderate - Synthetic alternatives exist, but sustainability trends favor isobutyric acid.
• Competitive Rivalry: High - Many established and emerging players competing on innovation and cost.
Table of Content (TOC)
• Introduction
1. Objectives of the Study
2. Market Definition
3. Research Scope
• Research Methodology and Assumptions
• Executive Summary
• Premium Insights
1. Porter's Five Forces Analysis
2. Value Chain Analysis
3. Top Investment Pockets
1. Market Attractiveness Analysis By Product Type
2. Market Attractiveness Analysis By Type
3. Market Attractiveness Analysis By Segment Type
4. Market Attractiveness Analysis By Region
4. Industry Trends
• Market Dynamics
1. Market Evaluation
2. Drivers
1. Increasing development in sector
3. Restraints
4. Opportunities
5. Challenges
• Global Isobutyric Acid Market Analysis and Projection, By Product Type
• Global Isobutyric Acid Market Analysis and Projection, By Type
• Global Isobutyric Acid Market Analysis and Projection, By Segment Type
• Global Isobutyric Acid Market Analysis and Projection, By Regional Analysis
1. Segment Overview
2. North America
1. U.S.
2. Canada
3. Mexico
3. Europe
1. Germany
2. France
3. U.K.
4. Italy
5. Spain
4. Asia-Pacific
1. Japan
2. China
3. India
5. South America
1. Brazil
6. Middle East and Africa
1. UAE
2. South Africa
• Global Isobutyric Acid Market-Competitive Landscape
1. Overview
2. Market Share of Key Players in the Global Isobutyric Acid Market.
1. Global Company Market Share
2. North America Company Market Share
3. Europe Company Market Share
4. APAC Company Market Share
3. Competitive Situations and Trends
1. Coverage Launches and Developments
2. Partnerships, Collaborations, and Agreements
3. Mergers & Acquisitions
4. Expansions
• Company Profiles
1. Company1
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
2. Company2
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
3. Company3
1. Business Overview
2. Company Snapshot
3. Company Market Share Analysis
4. Company Coverage Portfolio
5. Recent Developments
6. SWOT Analysis
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About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
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