In terms of revenue in 2014, the global market for butyric acid Market was calculated to be USD 120.0 million and is projected to reach USD 329.9 million by 2022, growing at a CAGR of 14.0% from 2015 to 2022.
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Butyric acid is a colorless chemical used in various applications such as animal feed, chemical intermediate, food and flavors, pharmaceuticals and others. In 2014, animal feed accounted for 40% share of the total market in terms of value and projected to maintain its dominance during the forecast period. However, food and flavors segment is projected to witness highest growth rate during the forecast period.
This study provide forecasts of the major regions and market trends affecting global butyric acid demand. The study also includes analysis of the major factors driving and restraining the market growth. Overall, the study presents a complete analysis of the global butyric acid market, covering all its major parameters.
To provide the complete comprehensive of the study it include porter’s five force analysis. By geography it includes regions such as North America, Europe, Asia Pacific, and RoW. Which are further sub segmented in various countries.
Some of the leading players present in this market are Perstorp Holding AB, Blue Marble Biomaterials, Eastman Chemical Company, Beijing Huamaoyuan Fragrance Flavor Co., Ltd., OXEA GmbH and Tokyo Chemical Industry Co., Ltd among others.
Purpose of the Report
The purpose of this strategic research study titled “Global Butyric Acid Market” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global butyric acid market.
Target Audience
- Industry investors
- Raw material suppliers
- Distributors
- Manufacturers
- Retailers
- Companies who want to enter the market and companies who want to diversify their product portfolio
Butyric Acid market. This research report provides detailed analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also concentrates on the key drivers, restraints, opportunities and challenges.
For Market chain analysis, the report involves demanding raw materials, equipment, downstream client survey, marketing channels, Market development trend and proposals, which more explicitly involve precious information on Hydroxy-Iso-Butyric Acid key applications and consumption, key regions and consumption, key global distributors , major raw materials suppliers and contact information, major manufacturing equipment suppliers and contact information, major suppliers and contact Information, key consumers and contact information, and supply chain relationship analysis.
The Hydroxy-Iso-Butyric Acid report offers not only furnished details about key drivers but also includes the factors that are regulating the market. The present opportunities of the market are explained along with the future direction.
The quantitative analysis of the Hydroxy-Iso-Butyric Acid market is made and also the future estimation through 2011-2022 are included.
Diverse research methods were contemplated while gathering the data for the market report. The top-down and the bottom-up approaches were used in order to inspect the data. SWOT analysis of the industry and the Porters Five Forces model helped in elucidating the prospective of the market players that are involved in the market.source (albaniantimes)
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