Butyric Acid Market was valued at US$ 297.80 Mn in 2021 and expected to reach US$ 969.61 Mn by 2029, at a CAGR of 15.9% during the forecast period.
Butyric Acid Market Overview:
This study’s purpose is to give an overview of the Butyric Acid market as well as extensive market segmentation based on segments, and geography. The report includes vital information on the market positions of the major Butyric Acid companies, as well as notable industry trends and prospects.
The report also focuses on the leading industry players in the Butyric Acid market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information. This research looks into Butyric Acid Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This study examines the whole Butyric Acid Market Size from a worldwide standpoint, evaluating historical data and forecasts.
Market Scope:
The report also focuses on the leading industry players in the Butyric Acid market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.
Segmentation:
The animal feed segment is projected to be the fastest-growing end-user application of the butyric acid market during the forecast period. The second biggest application segment is the chemicals intermediate segment.
The synthetic butyric acid segment is the most popular type in the butyric acid market. In poultry and swine, reduced usage of antibiotics in animal feed and a preference for synthetic butyric acid in food & flavor and pharmaceutical sectors.
The major driver in the market is rising demand from various end-user industries and a ban on the consumption of antibiotics in animal feed in some countries.
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Key Players:
Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Butyric Acid market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Butyric Acid industry.
• Valent Biosciences
• FMC Corporation
• DowDuPont
• Certis
• Nufarm Limited
• ADAMA
• Syngenta
• OHP Inc.
• Bayer AG
• Nihon Nohyaku Co. Ltd.
• Nissan Chemicals Industry
• BASF
• Gowan Company LLC
• PlatCrop Type Solutions
• Arysta LifeScience Corporation
• Mantis Plant Protection LLC
• UPL Corporation Ltd.
• United Phosphorus, Inc.
• Monsanto Company
Regional Analysis:
The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Butyric Acid market in these regions.
COVID-19 Impact Analysis on Butyric Acid Market:
As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19’s impact on the Butyric Acid market and will help you build your business in compliance with the new industry standards.
Key Questions Answered in the Butyric Acid Market Report are:
What will be the CAGR of the Butyric Acid market during the forecast period?
Which segment emerged as the leading segment in the Butyric Acid market?
Which are the prominent players in the Butyric Acid market?
What will be the Butyric Acid market size by 2027?
Which company held the largest share in the Butyric Acid market?
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About Us:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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