South Korea Butyric Acid Market to 2032
Overview
The South Korea Butyric Acid Market is expected to reach a 36.11 USD Million by 2032 and is projected to grow at a CAGR of 9.33% from 2025 to 2032.
Revenue, 2024 (USD Million)
21.80
Forecast, 2032 (USD Million)
36.11
CAGR, 2024 - 2032
9.33%
Report Coverage
South Korea
South Korea Butyric Acid Market 2018-2032 USD Million
South Korea Butyric Acid Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 21.80 USD Million
- Projected Market Size (2032): 36.11 USD Million
- CAGR (2025-2032): 9.33%
Key Findings of South Korea Butyric Acid Market
- The South Korea Butyric Acid Market was valued at 21.80 USD Million in 2024.
- The South Korea Butyric Acid Market is likely to grow at a CAGR of 9.33% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Natural Butyric Acid in Type Segment accounted for the largest share of the market with a revenue of 15.12 USD Million
- The fastest growing segment Natural Butyric Acid in Type Segment grew Fastest with a CAGR of 11.21% during the forecast period from 2024 to 2032.
South Korea Butyric Acid Market Scope
South Korea Butyric Acid Market Segmentation & Scope
Type
- Synthetic Butyric Acid
- Natural Butyric Acid
Derivatives
- Calcium Butyrate
- Others
- Sodium Butyrate
Application
- Others
- Inks, Paints and Coatings
- Perfumes
- Pharmaceuticals
- Food and Flavors
- Chemicals Intermediate
- Animal Feed
South Korea Butyric Acid Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 21.80 USD Million |
| Market Value in 2032 | 36.11 USD Million |
| CAGR (2025-2032) | 9.33% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Type,Derivatives,Application |
Regional Insights:
-
Leading Market (2024-2032): South Korea, leading in terms of revenue 21.80 USD Million in 2024
- Key Country: South Korea, leading in terms of revenue with value of 21.80 USD Million in 2024.
Segments and Scope
-
South Korea Butyric Acid Market to 2032, By Type
- Natural Butyric Acid is the largest segment in South Korea Butyric Acid Market to 2032 with a revenue of 15.12 USD Million in the year 2024.
- Natural Butyric Acid is the Fastest growing segment in South Korea Butyric Acid Market to 2032 with a Growth rate of 11.21 % in forecast period 2025-2032.
-
South Korea Butyric Acid Market to 2032, By Derivatives
- Sodium Butyrate is the largest segment in South Korea Butyric Acid Market to 2032 with a revenue of 10.75 USD Million in the year 2024.
- Sodium Butyrate is the Fastest growing segment in South Korea Butyric Acid Market to 2032 with a Growth rate of 10.20 % in forecast period 2025-2032.
-
South Korea Butyric Acid Market to 2032, By Application
- Animal Feed is the largest segment in South Korea Butyric Acid Market to 2032 with a revenue of 8.12 USD Million in the year 2024.
- Animal Feed is the Fastest growing segment in South Korea Butyric Acid Market to 2032 with a Growth rate of 11.16 % in forecast period 2025-2032.
South Korea Butyric Acid Market Company Share Analysis
| Company Name |
|
||
| Merck KGaA | |||
| Thermo Fisher Scientific Inc. | |||
| Celanese Corporation | |||
| Eastman Chemical Company or its subsidiaries | |||
| TCI Chemicals (India) Pvt. Ltd. | |||
South Korea Butyric Acid Market Geographical Sales Distribution, 2018-2032 USD Million
South Korea Butyric Acid Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The South Korea Butyric Acid Market is segmented based on Segmentation Type,Derivatives,Application.
South Korea Butyric Acid Market was valued at USD 21.80(Revenue in USD Million) in 2021.
South Korea Butyric Acid Market is projected to grow at a CAGR of 9.33% during the forecast period of 2024 to 2032.
The Natural Butyric Acid segment is expected to dominate the South Korea Butyric Acid Market, holding a largest market share of 15.12 USD Million in 2024
South Korea Butyric Acid Market Scope
South Korea Butyric Acid Market Segmentation & Scope
Type
- Synthetic Butyric Acid
- Natural Butyric Acid
Derivatives
- Calcium Butyrate
- Others
- Sodium Butyrate
Application
- Others
- Inks, Paints and Coatings
- Perfumes
- Pharmaceuticals
- Food and Flavors
- Chemicals Intermediate
- Animal Feed
Frequently Asked Questions
The South Korea Butyric Acid Market is segmented based on Segmentation Type,Derivatives,Application.
South Korea Butyric Acid Market was valued at USD 21.80(Revenue in USD Million) in 2021.
South Korea Butyric Acid Market is projected to grow at a CAGR of 9.33% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Butyric Acid Market for final year is USD 36.11 (USD Million).
South Korea Butyric Acid Market Company Profiling
Frequently Asked Questions
The South Korea Butyric Acid Market is segmented based on Segmentation Type,Derivatives,Application.
South Korea Butyric Acid Market was valued at USD 21.80(Revenue in USD Million) in 2021.
South Korea Butyric Acid Market is projected to grow at a CAGR of 9.33% during the forecast period of 2024 to 2032.
The estimated market value of the South Korea Butyric Acid Market for final year is USD 36.11 (USD Million).
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