낙산 시장, 점유율, 규모, 동향 및 산업 분석 보고서 : 유형별, 용도별, 최종 용도별, 지역별, 부문별 예측(2023-2032년)

The global butyric acid market size is expected to reach USD 737.69 million by 2032, according to a new study by Polaris Market Research. The report "Butyric Acid Market Share, Size, Trends, Industry Analysis Report, By Type (Synthetic and Renewable); By Application (Animal Feed, Chemical Intermediates, Food Additives & Flavoring, Plasticizer, Human Dietary Supplements, Leather Tanning, Others); By End-Use; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.

There has been a drastic shift in consumer preferences towards natural and bio-based ingredients in their food products and also eager to use more exotic and natural flavor-based cosmetic products with any harmful side-effects on body, are major factors expected to boost the global market growth.

Key product manufacturers worldwide are also focusing on R&D activities and are investing heavily to develop products with more advanced and improved properties to cater the rising consumer requirements, which is likely to foster the market growth in the near future. For instance, in April 2022, METEX, & 'INNEUS', to be used in animal nutrition. It is an innovative range of solutions for poultry and pigs, specially designed to strengthen their intestinal integrity & to boost their immune systems.

Despite being uses in wide range of industries for butyric acid, currently there is an emerging interest for using it as a precursor to biofuels, mainly because of the constant increase in the petroleum prices as well as the growing burden on petroleum, which results in reduction in the availability of petroleum. Biofuels has many advantages such as sustainability, reduction in greenhouse gases emissions, and supply security, thereby positively influencing the market.

The popularity of butyric acid has grown dramatically in pharmaceutical and chemical industries in the recent years, as it induces the morphological and biochemical differentiation in numerous types of cells leading to the concomitant suppression of neoplastic properties, which further create huge potential and growth opportunities for the market.

Butyric Acid Market Report Highlights

Renewable segment is expected to grow rapidly during the anticipated period, on account of increasing consumer awareness regarding the health benefits associated with bio-based ingredients

Animal Feed segment accounted for the high market share in 2022, which is mainly driven by growing adoption of the product from animal feed sector due to its several beneficial characteristics

Food & beverage segment led the industry market with largest market share in 2022, mainly due to drastic increase in the consumption of food products and change in consumer eating habits

Asia Pacific region dominated the global market with healthy growth rate in 2022, owing to presence of large consumer base and significant investments in the pharmaceutical sector in the region

The global key market players include: Blue Marble Biomaterials, Eastman Chemical, TNJ Chemical Industry, Merck, and Tokyo Chemical Industry

Polaris Market Research has segmented the butyric acid market report based on type, application, end-use, and region:

Butyric Acid, Type Outlook (Revenue - USD Million, 2019 - 2032)

• Synthetic
• Renewable

Butyric Acid, Application Outlook (Revenue - USD Million, 2019 - 2032)

• Animal Feed
• Chemical Intermediates
• Food Additives & Flavoring
• Plasticizer
• Human Dietary Supplements
• Leather Tanning
• Others

Butyric Acid, End-Use Outlook (Revenue - USD Million, 2019 - 2032)

• Food & Beverage
• Personal Care
• Pharmaceuticals
• Chemical Industries
• Agriculture
• Paints & Coatings
• Others

Butyric Acid, Regional Outlook (Revenue - USD Million, 2019 - 2032)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Russia
• Netherlands
• Asia Pacific
• China
• India
• Japan
• South Korea
• Indonesia
• Malaysia
• Latin America
• Argentina
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• Israel
• South Africa

Table of Contents

1. Introduction

• 1.1. Report Description
  • 1.1.1. Objectives of the Study
  • 1.1.2. Market Scope
  • 1.1.3. Assumptions
• 1.2. Stakeholders

2. Executive Summary

• 2.1. Market Highlights

3. Research Methodology

• 3.1. Overview
  • 3.1.1. Data Mining
• 3.2. Data Sources
  • 3.2.1. Primary Sources
  • 3.2.2. Secondary Sources

4. Global Butyric Acid Market Insights

• 4.1. Butyric Acid Market - End-Use Snapshot
• 4.2. Butyric Acid Market Dynamics
  • 4.2.1. Drivers and Opportunities
    • 4.2.1.1. Production of biofuels and bioplastics drives the market
    • 4.2.1.2. Increasing use in medical field drives the market
  • 4.2.2. Restraints and Challenges
    • 4.2.2.1. Odour arising from acids can impede the market growth
• 4.3. Porter's Five Forces Analysis
  • 4.3.1. Bargaining Power of Suppliers (Moderate)
  • 4.3.2. Threats of New Entrants: (Low)
  • 4.3.3. Bargaining Power of Buyers (Moderate)
  • 4.3.4. Threat of Substitute (Moderate)
  • 4.3.5. Rivalry among existing firms (High)
• 4.4. PESTEL Analysis
• 4.5. Butyric Acid Market End-Use Trends
• 4.6. Value Chain Analysis
• 4.7. COVID-19 Impact Analysis

5. Global Butyric Acid Market, by Type

• 5.1. Key Findings
• 5.2. Introduction
  • 5.2.1. Global Butyric Acid Market, by Type, 2019-2032 (USD Million)
• 5.3. Synthetic
  • 5.3.1. Global Butyric Acid Market, by Synthetic, by Region, 2019-2032 (USD Million)
• 5.4. Renewable
  • 5.4.1. Global Butyric Acid Market, by Process Waste, by Region, 2019-2032 (USD Million)

6. Global Butyric Acid Market, by Application

• 6.1. Key Findings
• 6.2. Introduction
  • 6.2.1. Global Butyric Acid Market, by Application, 2019-2032 (USD Million)
• 6.3. Animal Feed
  • 6.3.1. Global Butyric Acid Market, by Animal Feed, by Region, 2019-2032 (USD Million)
• 6.4. Chemical Intermediates
  • 6.4.1. Global Butyric Acid Market, by Chemical Intermediates, by Region, 2019-2032 (USD Million)
• 6.5. Food Additive & Flavouring
  • 6.5.1. Global Butyric Acid Market, by Food Additive & Flavouring, by Region, 2019-2032 (USD Million)
• 6.6. Plasticizer
  • 6.6.1. Global Butyric Acid Market, by Plasticizer, by Region, 2019-2032 (USD Million)
• 6.7. Human Dietary Supplements
  • 6.7.1. Global Butyric Acid Market, by Human Dietary Supplements, by Region, 2019-2032 (USD Million)
• 6.8. Leather Tanning
  • 6.8.1. Global Butyric Acid Market, by Leather Tanning, by Region, 2019-2032 (USD Million)
• 6.9. Others
  • 6.9.1. Global Butyric Acid Market, by Others, by Region, 2019-2032 (USD Million)

7. Global Butyric Acid Market, by End-Use

• 7.1. Key Findings
• 7.2. Introduction
  • 7.2.1. Global Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
• 7.3. Food & Beverage
  • 7.3.1. Global Butyric Acid Market, by Food & Beverage, By Region, 2019-2032 (USD Million)
• 7.4. Personal Care
  • 7.4.1. Global Butyric Acid Market, by Personal Care, By Region, 2019-2032 (USD Million)
• 7.5. Pharmaceuticals
  • 7.5.1. Global Butyric Acid Market, by Pharmaceuticals, By Region, 2019-2032 (USD Million)
• 7.6. Chemical Industries
  • 7.6.1. Global Butyric Acid Market, by Chemical Industries, By Region, 2019-2032 (USD Million)
• 7.7. Agriculture
  • 7.7.1. Global Butyric Acid Market, by Agriculture, By Region, 2019-2032 (USD Million)
• 7.8. Paints & Coatings
  • 7.8.1. Global Butyric Acid Market, by Paints & Coatings, By Region, 2019-2032 (USD Million)
• 7.9. Others
  • 7.9.1. Global Butyric Acid Market, by Others, By Region, 2019-2032 (USD Million)

8. Global Butyric Acid Market, by Geography

• 8.1. Key findings
• 8.2. Introduction
  • 8.2.1. Butyric Acid Market Assessment, By Geography, 2019-2032 (USD Million)
• 8.3. Butyric Acid Market - North America
  • 8.3.1. North America: Butyric Acid Market, by Type, 2019-2032 (USD Million)
  • 8.3.2. North America: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
  • 8.3.3. North America: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.3.4. Butyric Acid Market - U.S.
    • 8.3.4.1. U.S.: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.3.4.2. U.S.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.3.4.3. U.S.: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.3.5. Butyric Acid Market - Canada
    • 8.3.5.1. Canada: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.3.5.2. Canada.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.3.5.3. Canada: Butyric Acid Market, by Application, 2019-2032 (USD Million)
• 8.4. Butyric Acid Market - Europe
  • 8.4.1. Europe: Butyric Acid Market, by Type, 2019-2032 (USD Million)
  • 8.4.2. Europe.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
  • 8.4.3. Europe: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.4.4. Butyric Acid Market - UK
    • 8.4.4.1. UK: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.4.4.2. UK.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.4.4.3. UK: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.4.5. Butyric Acid Market - France
    • 8.4.5.1. France: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.4.5.2. France.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.4.5.3. France: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.4.6. Butyric Acid Market - Germany
    • 8.4.6.1. Germany: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.4.6.2. Germany.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.4.6.3. Germany: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.4.7. Butyric Acid Market - Italy
    • 8.4.7.1. Italy: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.4.7.2. Italy.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.4.7.3. Italy: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.4.8. Butyric Acid Market - Spain
    • 8.4.8.1. Spain: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.4.8.2. Spain.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.4.8.3. Spain: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.4.9. Butyric Acid Market - Netherlands
    • 8.4.9.1. Netherlands: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.4.9.2. Netherlands.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.4.9.3. Netherlands: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.4.10. Butyric Acid Market - Russia
    • 8.4.10.1. Russia: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.4.10.2. Russia.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.4.10.3. Russia: Butyric Acid Market, by Application, 2019-2032 (USD Million)
• 8.5. Butyric Acid Market - Asia Pacific
  • 8.5.1. Asia Pacific: Butyric Acid Market, by Type, 2019-2032 (USD Million)
  • 8.5.2. Asia Pacific.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
  • 8.5.3. Asia Pacific: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.5.4. Butyric Acid Market - China
    • 8.5.4.1. China: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.5.4.2. China.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.5.4.3. China: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.5.5. Butyric Acid Market - India
    • 8.5.5.1. India: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.5.5.2. India.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.5.5.3. India: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.5.6. Butyric Acid Market - Malaysia
    • 8.5.6.1. Malaysia: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.5.6.2. Malaysia.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.5.6.3. Malaysia: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.5.7. Butyric Acid Market - Japan
    • 8.5.7.1. Japan: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.5.7.2. Japan.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.5.7.3. Japan: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.5.8. Butyric Acid Market - Indonesia
    • 8.5.8.1. Indonesia: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.5.8.2. Indonesia.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.5.8.3. Indonesia: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.5.9. Butyric Acid Market - South Korea
    • 8.5.9.1. South Korea: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.5.9.2. South Korea.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.5.9.3. South Korea: Butyric Acid Market, by Application, 2019-2032 (USD Million)
• 8.6. Butyric Acid Market - Middle East & Africa
  • 8.6.1. Middle East & Africa: Butyric Acid Market, by Type, 2019-2032 (USD Million)
  • 8.6.2. Middle East & Africa.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
  • 8.6.3. Middle East & Africa: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.6.4. Butyric Acid Market - Saudi Arabia
    • 8.6.4.1. Saudi Arabia: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.6.4.2. Saudi Arabia.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.6.4.3. Saudi Arabia: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.6.5. Butyric Acid Market - UAE
    • 8.6.5.1. UAE: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.6.5.2. UAE.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.6.5.3. UAE: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.6.6. Butyric Acid Market - Israel
    • 8.6.6.1. Israel: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.6.6.2. Israel.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.6.6.3. Israel: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.6.7. Butyric Acid Market - South Africa
    • 8.6.7.1. South Africa: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.6.7.2. South Africa.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.6.7.3. South Africa: Butyric Acid Market, by Application, 2019-2032 (USD Million)
• 8.7. Butyric Acid Market - Latin America
  • 8.7.1. Latin America: Butyric Acid Market, by Type, 2019-2032 (USD Million)
  • 8.7.2. Latin America.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
  • 8.7.3. Latin America: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.7.4. Butyric Acid Market - Mexico
    • 8.7.4.1. Mexico: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.7.4.2. Mexico.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.7.4.3. Mexico: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.7.5. Butyric Acid Market - Brazil
    • 8.7.5.1. Brazil: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.7.5.2. Brazil.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.7.5.3. Brazil: Butyric Acid Market, by Application, 2019-2032 (USD Million)
  • 8.7.6. Butyric Acid Market - Argentina
    • 8.7.6.1. Argentina: Butyric Acid Market, by Type, 2019-2032 (USD Million)
    • 8.7.6.2. Argentina.: Butyric Acid Market, by End-Use, 2019-2032 (USD Million)
    • 8.7.6.3. Argentina: Butyric Acid Market, by Application, 2019-2032 (USD Million)

9. Competitive Landscape

• 9.1. Expansion and Acquisition Analysis
  • 9.1.1. Expansion
  • 9.1.2. Acquisitions
• 9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

• 10.1. Tokyo Chemical Industry
  • 10.1.1. Company Overview
  • 10.1.2. Financial Performance
  • 10.1.3. Product Benchmarking
  • 10.1.4. Recent Development
• 10.2. Blue Marble Biomaterials
  • 10.2.1. Company Overview
  • 10.2.2. Financial Performance
  • 10.2.3. Product Benchmarking
  • 10.2.4. Recent Development
• 10.3. Eastman Chemical Company
  • 10.3.1. Company Overview
  • 10.3.2. Financial Performance
  • 10.3.3. Product Benchmarking
  • 10.3.4. Recent Development
• 10.4. OXEA GmbH
  • 10.4.1. Company Overview
  • 10.4.2. Financial Performance
  • 10.4.3. Product Benchmarking
  • 10.4.4. Recent Development
• 10.5. Snowco Industrial
  • 10.5.1. Company Overview
  • 10.5.2. Financial Performance
  • 10.5.3. Product Benchmarking
  • 10.5.4. Recent Development
• 10.6. Alfa Aesar GmbH
  • 10.6.1. Company Overview
  • 10.6.2. Financial Performance
  • 10.6.3. Product Benchmarking
  • 10.6.4. Recent Development
• 10.7. Axxence Aromatic
  • 10.7.1. Company Overview
  • 10.7.2. Financial Performance
  • 10.7.3. Product Benchmarking
  • 10.7.4. Recent Development
• 10.8. Zhonglan Industry
  • 10.8.1. Company Overview
  • 10.8.2. Financial Performance
  • 10.8.3. Product Benchmarking
  • 10.8.4. Recent Development
• 10.9. Perstorp Holding
  • 10.9.1. Company Overview
  • 10.9.2. Financial Performance
  • 10.9.3. Product Benchmarking
  • 10.9.4. Recent Development
• 10.10. TNJ Chemical Industry
  • 10.10.1. Company Overview
  • 10.10.2. Financial Performance
  • 10.10.3. Product Benchmarking
  • 10.10.4. Recent Development
• 10.11. Palital Feed Additives
  • 10.11.1. Company Overview
  • 10.11.2. Financial Performance
  • 10.11.3. Product Benchmarking
  • 10.11.4. Recent Development
• 10.12. OQ Chemicals
  • 10.12.1. Company Overview
  • 10.12.2. Financial Performance
  • 10.12.3. Product Benchmarking
  • 10.12.4. Recent Development
• 10.13. Merck KGaA
  • 10.13.1. Company Overview
  • 10.13.2. Financial Performance
  • 10.13.3. Product Benchmarking
  • 10.13.4. Recent Development
• 10.14. Yufeng International
  • 10.14.1. Company Overview
  • 10.14.2. Financial Performance
  • 10.14.3. Product Benchmarking
  • 10.14.4. Recent Development