Asia-Pacific Butyric Acid Market, By Type (Natural Butyric Acid, Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate, and Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings, Human Dietary Supplements and Others – Industry Trends and Forecast to 2030.
Asia-Pacific Butyric Acid Market Analysis and Size
Butyric acid is a specific type of fatty acid that is extensively used in the food, animal feed, and pharmaceutical industries. It is also used as a chemical intermediary in the synthesis of many compounds, including esters, butanol, and butyl acetate. Animal feed is increasingly using butyric acid. The primary starting material for producing various butyrate salts and glycerine esters, also known as butyrins, is butyric acid. Because it is essential for animals, butyric acid is utilised to maintain animal health. Butyric acid benefits the animal feed sector since the proper type of feed is required to give animals nutrient-rich nutrients. Butyric acid-containing goods promote greater animal output, a healthier diet for animals, and improved welfare.
Data Bridge Market Research analyses that the butyric acid market, valued at USD 2,50,820.16 thousand in 2022, will reach USD 5,22,212.03 thousand by 2030, growing at a CAGR of 9.6% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Asia-Pacific Butyric Acid Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Natural Butyric Acid, Synthetic Butyric Acid), Derivatives (Sodium Butyrate, Calcium Butyrate and Others), Application (Animal Feed, Chemical Intermediate, Food and Flavors, Pharmaceuticals, Perfumes, Inks, Paints and Coatings, Human Dietary Supplements and Others
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Countries Covered
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Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC)
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Market Players Covered
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Eastman Chemical Company (U.S.), Perstorp (Sweden), Oxea GmbH (Germany), Zhonglan Industry Co., Ltd. (China), Tokyo Chemical Industry Co., Ltd. (Japan), Alfa Aesar (U.S.), Jinan Haohua Industry Co., Ltd.(China), Solvay (Belgium), Celanese Corporation (U.S.), Thermo Fisher Scientific Inc. (U.S.), Aldon Corporation (U.S.), Yufeng International Group Co., Ltd (China), Weifang Qiyi Chemical Co., Ltd. (China), ELiE Health Solutions (India), Kemin Industries, Inc. (U.S.), Advanced Biotech (U.S.), Hefei TNJ Chemical Industry Co.,Ltd. (China), Vigon International, LLC. (U.S.), Consolidated Chemical & Solvents. (U.S.), Axxence Aromatic GmbH (Germany), Augustus Oils Ltd. (U.K.), Ennolys (France)
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Market Opportunities
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Market Definition
Butyric acid, also referred to as butanoic acid, is a carboxylic acid that can form salts and esters with butanoates and butyrates. It is frequently discovered in the milk of farm animals such as buffalo, sheep, and goats. It has a foul odor and a bitter taste. Industrial butyric acid production involves fermenting starch or sugar with putrefying cheese added, then adding calcium carbonate to balance the acids produced during the process. Additionally, hogweed oil and parsnip contain octyl butyrate and hexyl butyrate, respectively, of this fermented butyric acid.
Asia-Pacific Butyric Acid Market Dynamics
Drivers
- Production of biofuels and bioplastics drives the market
The production of biofuels and bioplastics. Renewable biomass sources, including sugar cane, maize, and lignocellulosic materials, can be fermented to produce butyric acid. For the manufacture of biofuels, which are renewable and have a lower carbon footprint than conventional fossil fuels, this makes it an ideal feedstock. A vital component in the creation of compostable or biodegradable bioplastics made from renewable biomass sources is butyric acid. Offering a substitute for conventional plastics is what drives market expansion.
- Healthcare industry creates expansion in the market
Pharmaceutical companies may use butyric acid as a treatment for a number of illnesses, such as cancer, genetic disorders, and inflammatory bowel disease. As this field of study develops, butyric acid may have new applications in the creation of pharmaceuticals and therapeutics. IBD conditions such as ulcerative colitis and Crohn's disease can be successfully treated with butyric acid due to its anti-inflammatory properties. Additionally, butyric acid can encourage intestinal epithelial cell growth and repair, which can lessen IBD symptoms. Additionally, as this field of study develops, butyric acid may present new opportunities for the creation of new medications and treatments for a variety of diseases.
Opportunities
- Food and beverage industry creates expansion in the market
The food and beverage industry uses butyric acid as a preservative and flavouring. Butyric acid has an increasing market potential as a natural preservative and flavouring ingredient due to the rising demand for natural and organic products. Among the things that butyric acid is used to flavour include baked goods, dairy products, and confectionery. It has a distinct butter flavour. Butyric acid is additionally used to enhance the softness and texture of meat after processing. It can also benefit the market by enhancing the flavour of processed meats such as sausage and gammon.
- Anti-inflammatory properties creates expansion in the market
Butyric acid has been shown to have anti-inflammatory properties, which can help to lessen skin inflammation, irritation, and redness. By obstructing the skin's ability to produce pro-inflammatory cytokines and other inflammatory mediators, it lessens the inflammatory response. In skin care products for sensitive or inflamed skin, such as skin that is prone to acne or rosacea, it therefore performs well. Overall, butyric acid is a flexible substance that has a number of uses for the skin. Due to its moisturizing and anti-inflammatory qualities, it is a popular ingredient in skin care products. It is frequently combined with other ingredients to create products that address specific skin concerns and promotes market expansion.
Restraints/Challenges
- Odour arising from acids can impede the market growth
A naturally occurring fatty acid called butyric acid can be found in some plant oils and animal fats. Butyric acid raises some environmental concerns despite coming from a natural source. The main problem is the butyric acid's overpowering odor. It has a distinct rancid smell that can be particularly lingering and disagreeable. In the locations where it is produced or stored, this may result in issues. Butyric acid has a strong, unpleasant odor and taste that can be off-putting to some people. This can make it difficult to use in certain applications, such as food and beverage products.
- Irritating to the skin and eyes restricts the market growth
Although butyric acid can irritate the skin and eyes, it is unlikely that this will prevent the compound from becoming more widely used. Many industries, including those in food and beverage, pharmaceuticals, and agriculture, use butyric acid extensively. There are established safety guidelines and protocols in place to ensure safe handling, even though it is crucial to handle the substance carefully to prevent skin and eye irritation. Butyric acid's growth as a compound is more likely to be constrained by other elements, such as its poor stability, low solubility, and offensive flavor and odor. These elements may limit its consumer appeal and make it challenging to use in some applications
This butyric acid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the butyric acid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Recent Developments
- In 2022, Perstorp expanded its innovative range of broiler feed solutions with the launch of Gastrivix Avi. It is a special gut health treatment that combines valeric and butyric acid's advantages.
- In 2022, The first 100% bio-based butyric acid for animal nutrition produced in France will be marketed in France, according to an agreement between METEX NVISTA and ALINOVA. With the help of this partnership, ALINOVA will be able to meet the demands of its clients for natural and sustainable ingredients by expanding its line-up of technical, performance-enhancing products.
- In 2020, Through innovative recycling strategy, Eastman Chemical Company was given the Project of the Year award. By introducing new products to the market, the award assists the company in growing business sales.
- In 2020, The acetic acid pathway to acrylic acid has a technology licensing agreement that was signed by Celanese Corporation. The agreement helps in generating the revenue and increases the customer base of the business.
Asia-Pacific Butyric Acid Market Scope
The butyric acid market is segmented on the basis of type, derivatives and applications. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Renewable Butyric Acid
- Natural Butyric Acid
- Synthetic Butyric Acid
Derivatives
- Sodium Butyrate
- Calcium Butyrate
- Others
Application
- Animal Feed
- Chemical Intermediate
- Food and Flavors
- Pharmaceuticals
- Perfumes
- Inks
- Paints and Coatings
- Human Dietary Supplements
- Others
Butyric Acid Market Regional Analysis/Insights
The butyric acid market is analysed and market size insights and trends are provided by type, derivatives and applications as referenced above.
The countries covered in the butyric acid market report are Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC)
China dominates the market and will continue to flourish its trend of dominance during the forecast period in Asia-Pacific. The major factors attributable to the region’s dominance are increasing consumption of processed food that demands butyric acid which majorly uses butyric acid. Furthermore, the highest growth rate because of increasing customer awareness and business growth. Through the increasing demand for animal feed in the region, which drives up the demand for butyric acid, China is driving the growth of the Asia-Pacific market.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Butyric Acid Market Share Analysis
The butyric acid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to butyric acid market.
Some of the major players operating in the butyric acid market are:
- Eastman Chemical Company (U.S.)
- Perstorp (Sweden)
- Oxea GmbH (Germany)
- Zhonglan Industry Co., Ltd. (China)
- Tokyo Chemical Industry Co., Ltd. (Japan)
- Alfa Aesar (U.S.)
- Jinan Haohua Industry Co., Ltd.(China)
- Solvay (Belgium)
- Celanese Corporation (U.S.)
- Thermo Fisher Scientific Inc. (U.S.)
- Aldon Corporation (U.S.)
- Yufeng International Group Co., Ltd (China)
- Weifang Qiyi Chemical Co., Ltd. (China)
- ELiE Health Solutions (India)
- Kemin Industries, Inc. (U.S.)
- Advanced Biotech (U.S.)
- Hefei TNJ Chemical Industry Co., Ltd. (China)
- Vigon International, LLC. (U.S.)
- Consolidated Chemical & Solvents. (U.S.)
- Axxence Aromatic GmbH (Germany)
- Augustus Oils Ltd. (U.K.)
- Ennolys (France)
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