The Report “Global Butyric Acid Market by Application (Animal Feed, Chemicals Intermediate, Food & Flavors, Pharmaceuticals, Perfumes, Others), by Type (Synthetic Butyric Acid, Renewable Butyric Acid), by Geography (APAC, North America, Europe, RoW) - Forecast to 2020” is projected to reach $289.3 million by 2020, at a CAGR of 16.3% from 2014 and 2020.
Browse through the TOC of the Global Butyric Acid Market for an analysis of industry trends and segments, with the help of various tables and figures.
Early buyers will receive 10% customization on this report
Butyric acid is an organic compound and one of the carboxylic acids which is largely obtained from propylene by employing various processes, for example oxo-synthesis. The global butyric acid market is witnessing growth owing to the increasing demand from its applications, such as animal feed, chemical intermediate, food and flavors, pharmaceuticals, perfumes, and others. Animal feed is the largest end-use application of butyric acid. It is mainly used as additive in this application.
The demand for animal feed and chemicals is witnessing growth owing to an increase in the number of manufacturers and expansions in the industry. The future growth of the industry would be augmented by the investments in animal feed and chemical industry in Asia-Pacific and North America. In these regions, growing population would directly increase the demand for meat, foods and flavors, and perfume industry which would indirectly boost the demand for butyric acid.
The report covers the global butyric acid market which is segmented on the basis of application and geography. The applications of butyric acid include animal feed, chemical intermediate, food and flavors, pharmaceuticals, perfumes, and other industries.
About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Contact:
Mr. Chandrasekhar K.
UNIT no 802, Tower No. 7, SEZ
Magarpatta City, Hadapsar
Pune, Maharashtra 411013,
India
Tel: +1-888-502-0539
Email: sales@micromarketmonitor.com
