*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Butyric Acid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

The global butyric acid market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 7% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor. 

Butyric, or butanoic, acid refers to a colorless carboxylic acid that is formed by the bacterial fermentation of carbohydrates and dietary fiber. It is also found in animal fats, vegetable oils, milk, butter and cheese. It is industrially manufactured by the chemical synthesis of petroleum-based feedstocks as well as by the fermentation of starch or sugar in a mixture of putrefying cheese and calcium carbonate and can be further used as a precursor to manufacture various biofuels. Thus, it exhibits various advantageous properties, such as cost-effectiveness, sustainability and minimal greenhouse gas emissions. Owing to these, butyric acid finds extensive applications across various industries including, animal feed, pharmaceuticals, chemical intermediates, perfume products and food and beverage.

Significant growth in the pharmaceutical industry across the globe is one of the key factors creating a positive outlook for the market. Butyric acid is used for manufacturing pharmaceutical drugs that aid in weight management and treating cancer and irritable bowel syndrome (IBS). Furthermore, the increasing utilization of butyric acid for enhancing the nutritional content in animal feed is also providing a boost to the market growth. It aids in improving the gastrointestinal health and preventing microbial infections and ailments in pigs, poultry, fishes and cattle. Additionally, increasing product application in the development of biofuels, which are rapidly replacing traditionally used gasoline and other fuel alternatives, is contributing to the market growth. Other factors, including the growing demand for renewable butyric acid and clean energy sources, along with the increasing usage of butyric acid in food processing and manufacturing flavorings, are projected to drive the market further. 

Breakup by Type:

  • Synthetic
  • Bio-based
     

Breakup by Derivative:

  • Sodium Butyrate
  • Calcium Butyrate
  • Others
     

Breakup by Application:

  • Animal Feed
  • Chemical Intermediate
  • Food and Flavor
  • Pharmaceutical
  • Perfume
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Blue Marble Biomaterials LLC (Socati Corporation), Eastman Chemical Company, OQ Chemicals, Perstorp Holding AB, Snowco Industrial Co. Ltd., Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co. Ltd., Axxence Aromatic GmbH, Kemin Industries Inc., Zhonglan Industry Co. Ltd., etc.

Report Coverages:

Report Features Details
Base Year of the Analysis 2020
Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Million
Segment Coverage Type, Derivative, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Blue Marble Biomaterials LLC (Socati Corporation), Eastman Chemical Company, OQ Chemicals, Perstorp Holding AB, Snowco Industrial Co. Ltd., Thermo Fisher Scientific Inc., Tokyo Chemical Industry Co. Ltd., Axxence Aromatic GmbH, Kemin Industries Inc. and Zhonglan Industry Co. Ltd.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global butyric acid market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global butyric acid market?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the derivative?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global butyric acid market and who are the key players?
  • What is the degree of competition in the industry?

1   Preface
2   Scope and Methodology 

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction

    4.1    Overview
    4.2    Key Industry Trends
5   Global Butyric Acid Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Type
    6.1    Synthetic
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Bio-based
        6.2.1 Market Trends
        6.2.2 Market Forecast
7   Market Breakup by Derivative
    7.1    Sodium Butyrate
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Calcium Butyrate
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Others
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Application
    8.1    Animal Feed
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Chemical Intermediate
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Food and Flavor
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Pharmaceutical
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Perfume
        8.5.1 Market Trends
        8.5.2 Market Forecast
    8.6    Others
        8.6.1 Market Trends
        8.6.2 Market Forecast
9   Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Blue Marble Biomaterials LLC (Socati Corporation)
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
        14.3.2    Eastman Chemical Company           
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 SWOT Analysis
           14.3.2.4 Key Financials
        14.3.3    OQ Chemicals
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
        14.3.4    Perstorp Holding AB
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 SWOT Analysis
           14.3.4.4 Key Financials 
        14.3.5    Snowco Industrial Co. Ltd.
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
        14.3.6    Thermo Fisher Scientific Inc.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 SWOT Analysis
           14.3.6.4 Key Financials
        14.3.7    Tokyo Chemical Industry Co. Ltd.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
        14.3.8    Axxence Aromatic GmbH
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
        14.3.9    Kemin Industries Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio 
        14.3.10    Zhonglan Industry Co. Ltd
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio 

List of Figures

Figure 1: Global: Butyric Acid Market: Major Drivers and Challenges
Figure 2: Global: Butyric Acid Market: Sales Value (in Million US$), 2015-2020
Figure 3: Global: Butyric Acid Market: Breakup by Type (in %), 2020
Figure 4: Global: Butyric Acid Market: Breakup by Derivative (in %), 2020
Figure 5: Global: Butyric Acid Market: Breakup by Application (in %), 2020
Figure 6: Global: Butyric Acid Market: Breakup by Region (in %), 2020
Figure 7: Global: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 8: Global: Butyric Acid (Synthetic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 9: Global: Butyric Acid (Synthetic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 10: Global: Butyric Acid (Bio-based) Market: Sales Value (in Million US$), 2015 & 2020
Figure 11: Global: Butyric Acid (Bio-based) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 12: Global: Butyric Acid (Sodium Butyrate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 13: Global: Butyric Acid (Sodium Butyrate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 14: Global: Butyric Acid (Calcium Butyrate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 15: Global: Butyric Acid (Calcium Butyrate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 16: Global: Butyric Acid (Other Derivatives) Market: Sales Value (in Million US$), 2015 & 2020
Figure 17: Global: Butyric Acid (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 18: Global: Butyric Acid (Animal Feed) Market: Sales Value (in Million US$), 2015 & 2020
Figure 19: Global: Butyric Acid (Animal Feed) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 20: Global: Butyric Acid (Chemical Intermediate) Market: Sales Value (in Million US$), 2015 & 2020
Figure 21: Global: Butyric Acid (Chemical Intermediate) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 22: Global: Butyric Acid (Food and Flavor) Market: Sales Value (in Million US$), 2015 & 2020
Figure 23: Global: Butyric Acid (Food and Flavor) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 24: Global: Butyric Acid (Pharmaceutical) Market: Sales Value (in Million US$), 2015 & 2020
Figure 25: Global: Butyric Acid (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 26: Global: Butyric Acid (Perfume) Market: Sales Value (in Million US$), 2015 & 2020
Figure 27: Global: Butyric Acid (Perfume) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 28: Global: Butyric Acid (Other Applications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 29: Global: Butyric Acid (Other Applications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 30: North America: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 31: North America: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 32: United States: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 33: United States: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 34: Canada: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 35: Canada: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 36: Asia Pacific: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 37: Asia Pacific: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 38: China: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 39: China: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 40: Japan: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 41: Japan: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 42: India: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 43: India: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 44: South Korea: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 45: South Korea: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 46: Australia: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 47: Australia: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 48: Indonesia: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 49: Indonesia: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 50: Others: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 51: Others: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 52: Europe: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 53: Europe: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 54: Germany: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 55: Germany: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 56: France: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 57: France: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 58: United Kingdom: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 59: United Kingdom: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 60: Italy: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 61: Italy: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 62: Spain: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 63: Spain: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 64: Russia: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 65: Russia: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 66: Others: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 67: Others: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Latin America: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 69: Latin America: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 70: Brazil: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 71: Brazil: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 72: Mexico: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 73: Mexico: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 74: Others: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 75: Others: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 76: Middle East and Africa: Butyric Acid Market: Sales Value (in Million US$), 2015 & 2020
Figure 77: Middle East and Africa: Butyric Acid Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 78: Global: Butyric Acid Industry: SWOT Analysis
Figure 79: Global: Butyric Acid Industry: Value Chain Analysis
Figure 80: Global: Butyric Acid Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Butyric Acid Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Butyric Acid Market Forecast: Breakup by Type (in Million US$), 2021-2026
Table 3: Global: Butyric Acid Market Forecast: Breakup by Derivative (in Million US$), 2021-2026
Table 4: Global: Butyric Acid Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Butyric Acid Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 6: Global: Butyric Acid Market: Competitive Structure
Table 7: Global: Butyric Acid Market: Key Players

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