Butyric Acid Market

The global butyric acid market grew at a CAGR of around 9% during 2014-2019. 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. Looking forward, IMARC Group expects the global butyric acid market to grow moderately during the next five years.

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.

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$), 2014-2019
Figure 3: Global: Butyric Acid Market: Breakup by Type (in %), 2019
Figure 4: Global: Butyric Acid Market: Breakup by Derivative (in %), 2019
Figure 5: Global: Butyric Acid Market: Breakup by Application (in %), 2019
Figure 6: Global: Butyric Acid Market: Breakup by Region (in %), 2019
Figure 7: Global: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 8: Global: Butyric Acid (Synthetic) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Butyric Acid (Synthetic) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Butyric Acid (Bio-based) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Butyric Acid (Bio-based) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Butyric Acid (Sodium Butyrate) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Butyric Acid (Sodium Butyrate) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Butyric Acid (Calcium Butyrate) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Butyric Acid (Calcium Butyrate) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Butyric Acid (Other Derivatives) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Butyric Acid (Other Derivatives) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Butyric Acid (Animal Feed) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Butyric Acid (Animal Feed) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: Global: Butyric Acid (Chemical Intermediate) Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: Global: Butyric Acid (Chemical Intermediate) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: Global: Butyric Acid (Food and Flavor) Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: Global: Butyric Acid (Food and Flavor) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Global: Butyric Acid (Pharmaceutical) Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Global: Butyric Acid (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Global: Butyric Acid (Perfume) Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Global: Butyric Acid (Perfume) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: Global: Butyric Acid (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: Global: Butyric Acid (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: North America: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: North America: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: United States: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: United States: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: Canada: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: Canada: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Asia Pacific: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Asia Pacific: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: China: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: China: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Japan: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Japan: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: India: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: India: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: South Korea: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: South Korea: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: Australia: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: Australia: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: Indonesia: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: Indonesia: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Others: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Others: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Europe: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Europe: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Germany: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Germany: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: France: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: France: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: United Kingdom: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: United Kingdom: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Italy: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Italy: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Spain: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Spain: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Russia: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Russia: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Others: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Others: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Latin America: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: Latin America: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 70: Brazil: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 71: Brazil: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 72: Mexico: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 73: Mexico: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 74: Others: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 75: Others: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 76: Middle East and Africa: Butyric Acid Market: Sales Value (in Million US$), 2014 & 2019
Figure 77: Middle East and Africa: Butyric Acid Market Forecast: Sales Value (in Million US$), 2020-2025
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, 2019 and 2025
Table 2: Global: Butyric Acid Market Forecast: Breakup by Type (in Million US$), 2020-2025
Table 3: Global: Butyric Acid Market Forecast: Breakup by Derivative (in Million US$), 2020-2025
Table 4: Global: Butyric Acid Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 5: Global: Butyric Acid Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Butyric Acid Market Structure
Table 7: Global: Butyric Acid Market: Key Players