What is Butyric Acid Market?
Butyric acid is also known as butanoic acid or BTA. Butyric acid is a saturated short chain fatty acid which is found in butter, ghee, raw milk, animal fats and plant oils. It is also formed in our body and therefore found in our colons through the bacterial fermentation of carbohydrates like dietary fiber. Butyric acid helps in healing of cells supports in the small and large intestine. It is also the favored source of fuel for the cells lining the interior of the large intestine or colon. Consuming butyric acid in foods like ghee or in supplement form results in aid digestion, calm inflammation and improve overall gastrointestinal health.
The market study is being classified by Type (Synthetic Butyric Acid and Renewable Butyric Acid), by Application (Animal Feed, Chemical Intermediate, Food and Flavor, Pharmaceutical and Others) and major geographies with country level break-up.
Eastman Chemical Company (United States), Perstorp Holding AB (Sweden), OXEA GmbH (Germany), Tokyo Chemical Industry Co. Ltd. (Japan), Beijing Huamaoyuan Fragrance Flavor Co. Ltd. (Beijing), Snowco Industrial Co. Ltd. (China), Wacker Chemie AG (Germany), Svensk Etanolkemi AB (SEKAB) (Sweden), Sinopec (China), Showa Denko K.K. (Japan), Nutreco N.V. (Netherlands) and Bioscreen Technologies S.R.L (Italy) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are HELM AG (Germany), GNFC Limited (India), Daicel Corporation (Japan), British Petroleum Plc (United Kingdom), Mitsubishi Chemical Corporation (Japan) and Kemin Industries (United States).
The butyric acid market is extremely fragmented and the major players have used several strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Research Analyst at AMA predicts that Japanese Vendors will contribute to the maximum growth of Global Butyric Acid market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Butyric Acid market by Type, Application and Region.
On the basis of geography, the market of Butyric Acid has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising demand from various end user industries
Market Trend
- Market growth of butyric acid
Restraints
- Adverse effects of butyric acid
Opportunities
- Rising demand of renewable butyric acid from food and flavors industries
Challenges
- Fluctuating Price of Raw Material [Methanol]
Dec 10, 2018: Ingevity Corporation announced it has reached an agreement with Perstorp Holding AB to acquire the CapaTM caprolactone division of Perstorp
Key Target Audience
Butyric Acid Providers, Traders, Importer and Exporter, Raw material Suppliers and Distributors, Research and Consulting Firms and Government and Research Organizations