Global Butyric Acid Market is forecasted to grow at 8.5% with factors such as increasing consumption of meat products which requires butyric acid.
Butyric acid market has shown an exceptional penetration in countries such as China, Germany. Growing usage of butyric acid is increasing the penetration in developed countries. In developing countries, increasing demand of butyric acid for chemical production is creating opportunity for the global butyric acid market.
Butyric Acid Market Scenario
According to Data Bridge Market Research the market for butyric acid in Asia-Pacific region has the highest market share followed by North America and Europe and Market leader are Merck KGaA, Thermo Fisher Scientific Inc. and Eastman Chemical Company which accounts an estimated market share of approximately 35% to 38% in the Asia-Pacific. The company has gained outstanding sale through their wide range of butyric acid due to growing number of health benefits. In November 2015, Merck KGaA has completed the acquisition of Sigma-Aldrich to become one of the leaders in the global industry. This acquisition has helped the customers of life science in the world. The acquisition helps in enhancing business sales as well as maximizes the goodwill of the business.
Trends Impacting the Market
Now the question is which other regions Merck KGaA, Thermo Fisher Scientific Inc. and Eastman Chemical Company are targeting? Data Bridge Market Research has forecasted a large growth in Europe butyric acid market and the market leaders targeting U.K. and Germany to be their next revenue pockets for 2020.
The Butyric Acid market is becoming more competitive every year with companies such as Merck KGaA, Thermo Fisher Scientific Inc. and Eastman Chemical Company as they are the market leaders for butyric acid. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the butyric acid market.
For more analysis on the butyric acid market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-butyric-acid-market
Butyric Acid Market Development
- In December 2018, Merck KGaA, has expanded the business by collaborating with Kuraray Europe which increase their supply of pharmaceutical polyvinyl alcohol that provide benefits to the customer of the pharmaceutical market. The partnership helps in increasing the customer base of the company and generates revenue of the business.
Scope of the Butyric Acid Market
Global butyric acid market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E., Egypt, Israel, South Africa and Rest of Middle East and Africa.
- All country based analysis of butyric acid market is further analyzed on the basis of type, derivatives and end-user. On the basis of type, the butyric acid market is segmented into natural butyric acid and synthetic butyric acid. On the basis of derivatives, the butyric acid market is segmented into sodium butyrate, calcium butyrate and others. On the basis of application, the butyric acid market is segmented into animal feed, chemical intermediate, food and flavors, pharmaceuticals, perfumes, inks, paints & coatings and others.
To know more about the study https://www.databridgemarketresearch.com/reports/global-butyric-acid-market
Key Pointers Covered in Butyric Acid Market Industry Trends and Forecast to 2027
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competiveness
- Value Chain Analysis
Key Market Competitors Covered in the Report
- Hefei TNJ Chemical Industry Co.,Ltd.
- Vigon International
- Green Biologics Limited
- Eastman Chemical Company
- Celanese Corporation
- Thermo Fisher Scientific Inc.
- Snowco Indutrial
- Nutrients Scientific
- Aldon Corporation
- Consolidated Chemical & Solvents LLC
- Axxence Aromatic GmbH
- Augustus Oils Ltd.
- Ennolys (A Subsidiary of Lesaffre Group)
- 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
- WILD Flavors GmbH
- Treatt Plc
- Merck KGaA
- Tokyo Chemical Industry Co., Ltd.
Above are the key players covered in the report, to know about more and exhaustive list of butyric acid companies, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-butyric-acid-market
Research Methodology: Global Butyric Acid Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Paints and Coatings Industry, Pharmaceuticals Industry. Food Industry
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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