Global butyric acid market is projected to register a healthy CAGR in the forecast period of 2020 to 2026. Butyric acid is a colourless saturated short-chain fatty acid, having an unpleasant odour. It is a carboxylic acid found in butter, cheese and has an unpleasant odour and sour taste, with a sweetish after taste. This fatty acid occurs in the form of esters in animal fats and plant oils. It is a short chain fatty acid found in milk, especially in goat, sheep and buffalo milk. It is also known as systematic butanoic acid. 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.
Competitive Analysis: Global Butyric Acid Market
Some of the major players operating in this market are Eastman Chemical Company, Celanese Corporation, Thermo Fisher Scientific Inc., Snowco Industrial, Nutrients Scientific, Aldon Corporation, Yufeng International Co., Ltd, Zhonglan Industry Co.,Ltd., Weifang Qiyi Chemical Co., Ltd., ELiE Health Solutions, Kemin Industries, Inc, OXEA GmbH, Perstorp Holding AB, Advanced Biotech, Hefei TNJ Chemical Industry Co.,Ltd., Vigon International, Green Biologics Limited, Consolidated Chemical & Solvents LLC., Axxence Aromatic GmbH, Augustus Oils Ltd., Ennolys.
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Market Segmentation: Global Butyric Acid Market
- On the basis of type, the market is segmented into synthetic butyric acid and natural butyric acid. In 2018, natural butyric acid segment is expected to dominate the market.
- On the basis of derivatives, the market is segmented into sodium butyrate, calcium butyrate others.
- On the basis of end-user, the market is segmented into animal feed, chemical intermediate, food & flavors, pharmaceuticals, inks, paints & coatings, perfumes and others.
- CAGR values in the market for the forecast period
- Key trends in the market place
- Major players and brands
- Historical and current market size and projection up to 2026.
- Detailed overview of parent market
- Changing market dynamics of the industry
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- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
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- The latest developments, market shares, and strategies that are employed by the major market players
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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