出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年6月
イソ酪酸市場 : タイプ (合成、再生可能)、最終用途 (動物飼料、化学中間体、食品、香料、医薬品)、地域 (アジア太平洋、ヨーロッパ、北米、RoW) – 2028年までの世界予測
Isobutyric Acid Market by Type (Synthetic, Renewable), End-Use (Animal Feed, Chemical Intermediates, Food & Flavors, Pharmaceuticals), and Region (Asia Pacific, Europe, North America, Rest of the World) – Global Forecast to 2028
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| 種別 | 英文調査報告書 |
| 価格 |
The isobutyric acid market is projected to grow from USD 180 million in 2023 to USD 269 million by 2028, at a CAGR of 8.3% from 2023 to 2028. The isobutyric acid market is on the way to intense growth due to different end-uses including animal feed, food & flavor, pharmaceutical, chemical intermediate, and others.
“By type, renewable isobutyric acid is expected to be the second-larger segment during 2023 to 2028, by value.”
Based on type, renewable isobutyric acid is expected to account for the second-larger market share. Renewable isobutyric acid is derived from renewable or sustainable feedstocks instead of fossil fuels. It is produced through biosynthesis of glucose or starch. There is less production of renewable isobutyric acid as compared to synthetic one due to high cost. Also, synthetic isobutyric acid is majorly manufactured due to easy availability of petroleum feedstocks used as raw materials. But with the increasing customer preference towards bio-based products, the market for renewable isobutyric acid will grow.
“By end-use, chemical intermediate is expected to be the second-largest segment during 2023 to 2028, by value.”
The chemical intermediate segment is expected to account for the second-largest market share owing to its wide usage in the production of various chemicals. Chemical intermediates are substances that act as raw materials or building blocks in the production of more complicated chemicals. The factors influencing the use of isobutyric acid as a chemical intermediate are desired properties, the target compound, and the specific requirements of the desired application.
“By region, Europe is expected to be the second-largest segment during 2023 to 2028, by value.”
Europe is projected to account for the second-largest market share from 2023 to 2028. The region is home to one of the largest feed industries globally. There is a rising need for good feed additives to boost animal health and performance due to the growing consumption of meat and meat products in the region. This creates opportunity for potential use of isobutyric acid in animal feed. Also, the rising demand for processed food and growth in pharmaceutical sectors in European countries are expected to propel the demand for isobutyric acid.
Profile break-up of primary participants for the report:
• By Company Type: Tier 1 – 65%, Tier 2 – 20%, and Tier 3 – 15%
• By Designation: C-level Executives – 25%, Directors – 30%, and Others – 45%
• By Region: North America – 20%, Europe – 15%, Asia Pacific – 55%, Middle East & Africa – 3%, South America – 7%
The isobutyric acid report is dominated by players, such as OQ Chemicals GmbH (Germany), Eastman Chemical Company (US), Tokyo Chemical Industry Co., Ltd. (Japan), Snowco (China), Shanghai Aladdin Biochemical Technology Co., Ltd. (China), Afyren (France), Lygos, Inc. (US), Dow Inc. (US), Jiangsu Dynamic Chemical Co., Ltd. (China), Weifang Qiyi Chemical Co., Ltd. (China), Yufeng International Group Co., Ltd. (China), Nanjing Chemical Material Corp. (China), FUJIFILM Wako Pure Chemical Corporation (Japan), Hubei Jusheng Technology Co., Ltd. (China), and others.
Research Coverage:
The report defines, segments, and projects the size of the isobutyric acid market based on type, end-use, and region. It strategically profiles the key players and comprehensively analyzes their market share and core competencies. It also tracks and analyzes competitive developments, such as mergers, investments, acquisitions, expansions, partnerships, contracts, agreements, and joint ventures undertaken by them in the market.
Reasons to Buy the Report:
The report is expected to help the market leaders/new entrants in the market by providing them with the closest approximations of revenue numbers of the isobutyric acid market and its segments. This report is also expected to help stakeholders obtain an improved understanding of the competitive landscape of the market, gain insights to improve the position of their businesses and make suitable go-to-market strategies. It also enables stakeholders to understand the pulse of the market and provide them information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (use of isobutyric acid in food & flavor, and animal feed industries), restraints (health concerns associated with handling and storage of isobutyric acid), opportunities (recent developments in the pharmaceutical industry, and growing demand for bio-based isobutric acid), and challenges (price volatility of raw materials) influencing the growth of the isobutyric acid market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities in the isobutyric acid market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the isobutyric acid market across varied regions.
• Market Diversification: Exhaustive information about new products, various production technologies, untapped geographies, recent developments, and investments in the isobutyric acid market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players such as OQ Chemicals GmbH (Germany), Eastman Chemical Company (US), Tokyo Chemical Industry Co., Ltd. (Japan), Snowco (China), Shanghai Aladdin Biochemical Technology Co., Ltd. (China), among others in the isobutyric acid market.
目次
1 INTRODUCTION 27
1.1 STUDY OBJECTIVES 27
1.2 MARKET DEFINITION 27
1.2.1 INCLUSIONS AND EXCLUSIONS 28
TABLE 1 ISOBUTYRIC ACID MARKET: INCLUSIONS AND EXCLUSIONS 28
1.3 MARKET SCOPE 28
FIGURE 1 ISOBUTYRIC ACID MARKET SEGMENTATION 28
1.3.1 REGIONAL SCOPE 29
1.3.2 YEARS CONSIDERED 29
1.4 CURRENCY CONSIDERED 29
1.5 UNITS CONSIDERED 30
1.6 LIMITATIONS 30
1.7 STAKEHOLDERS 30
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 2 ISOBUTYRIC ACID MARKET: RESEARCH DESIGN 31
2.1.1 SECONDARY DATA 32
2.1.1.1 Key data from secondary sources 32
2.1.2 PRIMARY DATA 32
2.1.2.1 Key data from primary sources 32
2.1.2.2 Companies participating in primary research 33
2.1.2.3 Breakdown of primary interviews 33
2.2 DEMAND-SIDE MATRIX CONSIDERED 34
FIGURE 3 MAIN MATRIX CONSIDERED TO CONSTRUCT AND ASSESS DEMAND FOR ISOBUTYRIC ACID 34
2.3 MARKET SIZE ESTIMATION 34
2.3.1 BOTTOM-UP APPROACH 35
FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH 35
2.3.2 TOP-DOWN APPROACH 35
FIGURE 5 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH 35
2.4 METHODOLOGY FOR SUPPLY-SIDE SIZING OF ISOBUTYRIC ACID MARKET (1/2) 36
2.5 METHODOLOGY FOR SUPPLY-SIDE SIZING OF ISOBUTYRIC ACID MARKET (2/2) 36
2.5.1 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS 37
2.5.2 DATA TRIANGULATION 37
FIGURE 6 ISOBUTYRIC ACID MARKET: DATA TRIANGULATION 37
2.5.3 GROWTH FORECAST 38
2.5.4 GROWTH RATE ASSUMPTIONS 38
2.5.5 RESEARCH ASSUMPTIONS 38
2.5.6 RESEARCH LIMITATIONS 39
2.5.7 RISK ANALYSIS 39
2.6 IMPACT OF RECESSION 39
3 EXECUTIVE SUMMARY 40
TABLE 2 ISOBUTYRIC ACID MARKET 41
FIGURE 7 SYNTHETIC ISOBUTYRIC ACID SEGMENT TO DOMINATE MARKET BETWEEN 2023 AND 2028 41
FIGURE 8 ANIMAL FEED SEGMENT TO LEAD MARKET BETWEEN 2023 AND 2028 42
FIGURE 9 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 42
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ISOBUTYRIC ACID MARKET 44
FIGURE 10 MARKET TO WITNESS SIGNIFICANT GROWTH BETWEEN 2023 AND 2028 44
4.2 ISOBUTYRIC ACID MARKET, BY REGION 44
FIGURE 11 ASIA PACIFIC MARKET TO RECORD HIGHEST CAGR BETWEEN 2023 AND 2028 44
4.3 ISOBUTYRIC ACID MARKET, BY END USE 45
FIGURE 12 PHARMACEUTICALS SEGMENT TO REGISTER SIGNIFICANT CAGR BETWEEN 2023 AND 2028 45
4.4 ISOBUTYRIC ACID MARKET, BY TYPE 45
FIGURE 13 SYNTHETIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 45
4.5 ISOBUTYRIC ACID MARKET, BY COUNTRY 46
FIGURE 14 INDIA TO RECORD HIGHEST CAGR BETWEEN 2023 AND 2028 46
5 MARKET OVERVIEW 47
5.1 INTRODUCTION 47
5.2 MARKET DYNAMICS 47
FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN ISOBUTYRIC ACID MARKET 47
5.2.1 DRIVERS 48
5.2.1.1 Rising demand from major end-use industries 48
5.2.1.1.1 Use of isobutyric acid in food & flavors industry 48
TABLE 3 AVERAGE USUAL USE LEVELS/AVERAGE MAXIMUM USE LEVELS 48
5.2.1.1.2 Rising demand from animal feed segment 49
FIGURE 16 GLOBAL ANIMAL FEED PRODUCTION, 2020 (MT) 49
5.2.1.1.3 Growing utility of isobutyric acid as chemical intermediate 49
5.2.2 RESTRAINTS 50
5.2.2.1 Health concerns associated with handling and storage 50
TABLE 4 HAZARDS IDENTIFICATION 50
TABLE 5 HANDLING & STORAGE 50
5.2.3 OPPORTUNITIES 51
5.2.3.1 Potential use of SFCAs in liver disease treatment 51
FIGURE 17 BREAKDOWN OF GLOBAL SALES OF PHARMACEUTICALS, 2020 51
5.2.3.2 Growing preference for bio-based isobutyric acid over petroleum-based chemicals 51
5.2.4 CHALLENGES 52
5.2.4.1 Price volatility of raw materials 52
6 INDUSTRY TRENDS 53
6.1 ECOSYSTEM 53
FIGURE 18 ECOSYSTEM MAP OF ISOBUTYRIC ACID MARKET 53
TABLE 6 ISOBUTYRIC ACID MARKET: ECOSYSTEM 54
6.2 VALUE CHAIN ANALYSIS 55
6.2.1 RAW MATERIALS 55
6.2.2 MANUFACTURE OF ISOBUTYRIC ACID 55
6.2.3 DISTRIBUTION TO END USERS 55
FIGURE 19 ISOBUTYRIC ACID MARKET: VALUE CHAIN 56
6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 56
6.3.1 REVENUE SHIFT & POCKETS FOR ISOBUTYRIC ACID 56
FIGURE 20 ISOBUTYRIC ACID MARKET: FUTURE REVENUE MIX 56
6.4 PORTER’S FIVE FORCES ANALYSIS 57
FIGURE 21 ISOBUTYRIC ACID MARKET: PORTER’S FIVE FORCES ANALYSIS 57
TABLE 7 ISOBUTYRIC ACID MARKET: PORTER’S FIVE FORCES ANALYSIS 58
6.4.1 BARGAINING POWER OF SUPPLIERS 58
6.4.2 THREAT OF SUBSTITUTES 58
6.4.3 BARGAINING POWER OF BUYERS 58
6.4.4 THREAT OF NEW ENTRANTS 59
6.4.5 INTENSITY OF COMPETITIVE RIVALRY 59
6.5 CASE STUDY ANALYSIS 59
6.5.1 AGILE BIOFOUNDRY ASSISTS LYGOS, INC. TO SCALE UP PRODUCTION 59
6.6 TECHNOLOGY ANALYSIS 60
6.6.1 INTRODUCTION 60
6.6.1.1 Koch synthesis 60
6.6.1.2 Liquid-phase oxidation of isobutyraldehyde 60
6.6.1.3 Biosynthesis 61
6.7 KEY STAKEHOLDERS AND BUYING CRITERIA 61
6.7.1 KEY STAKEHOLDERS IN BUYING PROCESS 61
FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES 61
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES (%) 62
6.7.2 BUYING CRITERIA 62
FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE END USES 62
TABLE 9 KEY BUYING CRITERIA FOR TOP THREE END USES 62
6.8 TARIFF AND REGULATORY LANDSCAPE 63
TABLE 10 REGULATIONS AND STANDARDS RELATED TO ISOBUTYRIC ACID MARKET 63
6.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 64
TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 64
TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 65
TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 65
TABLE 14 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 65
6.9 PATENT ANALYSIS 66
6.9.1 INTRODUCTION 66
6.9.2 METHODOLOGY 66
6.9.3 DOCUMENT TYPE 66
FIGURE 24 NUMBER OF GRANTED PATENTS, PATENT APPLICATIONS, AND LIMITED PATENTS 66
FIGURE 25 PUBLICATION TRENDS: LAST 10 YEARS 67
6.9.4 INSIGHTS 67
FIGURE 26 LEGAL STATUS OF PATENTS 67
6.9.5 JURISDICTION ANALYSIS 68
FIGURE 27 TOP JURISDICTION, BY DOCUMENT 68
6.9.6 TOP COMPANIES/APPLICANTS 68
FIGURE 28 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS 69
TABLE 15 PATENTS: EASTMAN CHEMICAL COMPANY 69
TABLE 16 PATENTS: DOW AGROSCIENCES LLC 70
TABLE 17 TOP 10 PATENT OWNERS DURING LAST 10 YEARS 70
6.10 KEY CONFERENCES & EVENTS, 2023–2024 71
TABLE 18 ISOBUTYRIC ACID MARKET: CONFERENCES & EVENTS 71
6.11 PRICING ANALYSIS 72
6.11.1 AVERAGE SELLING PRICE, BY REGION 72
FIGURE 29 AVERAGE SELLING PRICE OF ISOBUTYRIC ACID, BY TYPE, IN DIFFERENT REGIONS 72
6.11.2 AVERAGE SELLING PRICE OF KEY PLAYERS, BY END USE 73
FIGURE 30 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE END USES 73
6.12 TRADE DATA 73
TABLE 19 IMPORT DATA FOR ISOBUTYRIC ACID, 2021 73
TABLE 20 EXPORT DATA FOR ISOBUTYRIC ACID, 2021 74
7 ISOBUTYRIC ACID MARKET, BY GRADE 75
7.1 INTRODUCTION 75
7.2 REAGENT GRADE 75
7.2.1 GROWING USE IN LAB ENVIRONMENTS TO FUEL MARKET 75
7.3 INDUSTRIAL GRADE 75
7.3.1 WIDESPREAD USE IN INDUSTRIAL APPLICATIONS TO DRIVE DEMAND 75
8 ISOBUTYRIC ACID MARKET, BY PURITY 76
8.1 INTRODUCTION 76
8.2 MORE THAN 98% 76
8.2.1 HIGH DEMAND FROM PHARMACEUTICAL INDUSTRY TO FUEL GROWTH 76
8.3 LESS THAN 98% 76
8.3.1 INCREASING USE IN INDUSTRIAL CLEANING ACTIVITIES TO PROPEL GROWTH 76
9 ISOBUTYRIC ACID MARKET, BY TYPE 77
9.1 INTRODUCTION 78
FIGURE 31 SYNTHETIC ISOBUTYRIC ACID SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 78
TABLE 21 ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 78
TABLE 22 ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 78
TABLE 23 ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 79
TABLE 24 ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 79
9.2 SYNTHETIC ISOBUTYRIC ACID 79
9.2.1 LOW MANUFACTURING COST TO DRIVE DEMAND 79
9.3 RENEWABLE ISOBUTYRIC ACID 79
9.3.1 RISING INTEREST IN ORGANIC AND NATURAL PRODUCTS TO BOOST MARKET 79
10 ISOBUTYRIC ACID MARKET, BY END USE 80
10.1 INTRODUCTION 81
FIGURE 32 ANIMAL FEED PROJECTED TO BE LARGEST SEGMENT DURING FORECAST PERIOD 81
TABLE 25 ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION) 81
TABLE 26 ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION) 82
TABLE 27 ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS) 82
TABLE 28 ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS) 82
10.2 ANIMAL FEED 83
10.2.1 GROWING USE AS FEED SUPPLEMENT TO DRIVE MARKET 83
10.3 CHEMICAL INTERMEDIATES 83
10.3.1 WIDESPREAD USE OF ISOBUTYRIC ACID ESTERS TO PROPEL DEMAND 83
10.4 FOOD & FLAVORS 83
10.4.1 INCREASING CONSUMPTION OF PROCESSED FOOD & BEVERAGES TO FUEL MARKET 83
10.5 PHARMACEUTICALS 84
10.5.1 POTENTIAL USE IN DISEASE TREATMENT TO DRIVE MARKET 84
10.6 OTHERS 84
11 ISOBUTYRIC ACID MARKET, BY REGION 85
11.1 INTRODUCTION 86
FIGURE 33 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD 86
TABLE 29 ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (KILOTONS) 86
TABLE 30 ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (KILOTONS) 87
TABLE 31 ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION) 87
TABLE 32 ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (USD MILLION) 87
11.2 ASIA PACIFIC 87
11.2.1 IMPACT OF RECESSION 88
FIGURE 34 ASIA PACIFIC: ISOBUTYRIC ACID MARKET SNAPSHOT 88
TABLE 33 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 89
TABLE 34 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 89
TABLE 35 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 89
TABLE 36 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 89
TABLE 37 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS) 90
TABLE 38 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS) 90
TABLE 39 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION) 90
TABLE 40 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION) 91
TABLE 41 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (KILOTONS) 91
TABLE 42 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (KILOTONS) 91
TABLE 43 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION) 92
TABLE 44 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 92
11.2.2 CHINA 92
11.2.2.1 Increasing demand from animal feed industry to drive market 92
TABLE 45 CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 93
TABLE 46 CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 93
TABLE 47 CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 93
TABLE 48 CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 93
11.2.3 INDIA 94
11.2.3.1 Growing consumer awareness and demand for environment-friendly products to boost market 94
TABLE 49 INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 94
TABLE 50 INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 94
TABLE 51 INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 94
TABLE 52 INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 95
11.2.4 JAPAN 95
11.2.4.1 Rising consumption of packaged food to drive market 95
TABLE 53 JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 95
TABLE 54 JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 95
TABLE 55 JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 96
TABLE 56 JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 96
11.2.5 SOUTH KOREA 96
11.2.5.1 Growing food and petrochemical sectors to boost demand 96
TABLE 57 SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 96
TABLE 58 SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 97
TABLE 59 SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 97
TABLE 60 SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 97
11.2.6 REST OF ASIA PACIFIC 97
TABLE 61 REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 97
TABLE 62 REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 98
TABLE 63 REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 98
TABLE 64 REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 98
11.3 EUROPE 98
11.3.1 IMPACT OF RECESSION 99
FIGURE 35 EUROPE: ISOBUTYRIC ACID MARKET SNAPSHOT 99
TABLE 65 EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 100
TABLE 66 EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 100
TABLE 67 EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 100
TABLE 68 EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 100
TABLE 69 EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS) 101
TABLE 70 EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS) 101
TABLE 71 EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION) 101
TABLE 72 EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION) 102
TABLE 73 EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (KILOTONS) 102
TABLE 74 EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (KILOTONS) 102
TABLE 75 EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION) 103
TABLE 76 EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 103
11.3.2 GERMANY 103
11.3.2.1 Increased pharmaceutical R&D spending to drive market 103
TABLE 77 GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 104
TABLE 78 GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 104
TABLE 79 GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 104
TABLE 80 GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 104
11.3.3 FRANCE 105
11.3.3.1 Growing demand for poultry products to boost market 105
TABLE 81 FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 105
TABLE 82 FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 105
TABLE 83 FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 105
TABLE 84 FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 106
11.3.4 ITALY 106
11.3.4.1 Increasing consumption of consumer-ready food to drive market 106
TABLE 85 ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 106
TABLE 86 ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 106
TABLE 87 ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 107
TABLE 88 ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 107
11.3.5 UK 107
11.3.5.1 Booming pharmaceutical sector to fuel market 107
TABLE 89 UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 107
TABLE 90 UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 108
TABLE 91 UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 108
TABLE 92 UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 108
11.3.6 REST OF EUROPE 108
TABLE 93 REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 109
TABLE 94 REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 109
TABLE 95 REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 109
TABLE 96 REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 109
11.4 NORTH AMERICA 110
11.4.1 IMPACT OF RECESSION 110
FIGURE 36 NORTH AMERICA: ISOBUTYRIC ACID MARKET SNAPSHOT 110
TABLE 97 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 111
TABLE 98 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 111
TABLE 99 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 111
TABLE 100 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 111
TABLE 101 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS) 112
TABLE 102 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS) 112
TABLE 103 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION) 112
TABLE 104 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION) 113
TABLE 105 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (KILOTONS) 113
TABLE 106 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (KILOTONS) 113
TABLE 107 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION) 113
TABLE 108 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (USD MILLION) 114
11.4.2 US 114
11.4.2.1 Growth of feed industry to boost consumption of isobutyric acid 114
TABLE 109 US: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 114
TABLE 110 US: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 114
TABLE 111 US: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 115
TABLE 112 US: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 115
11.4.3 CANADA 115
11.4.3.1 Growth in pharmaceutical sector to drive market 115
TABLE 113 CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 115
TABLE 114 CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 116
TABLE 115 CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 116
TABLE 116 CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 116
11.4.4 MEXICO 116
11.4.4.1 Rising demand for processed foods to fuel market 116
TABLE 117 MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 117
TABLE 118 MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 117
TABLE 119 MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 117
TABLE 120 MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 117
11.5 REST OF THE WORLD 118
11.5.1 IMPACT OF RECESSION 118
TABLE 121 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 118
TABLE 122 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 118
TABLE 123 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 118
TABLE 124 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 119
TABLE 125 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS) 119
TABLE 126 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS) 119
TABLE 127 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION) 120
TABLE 128 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION) 120
TABLE 129 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (KILOTONS) 120
TABLE 130 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (KILOTONS) 121
TABLE 131 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION) 121
TABLE 132 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (USD MILLION) 121
11.5.2 MIDDLE EAST & AFRICA 121
11.5.2.1 Increasing demand due to expansion of food & flavor sector 121
TABLE 133 MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 122
TABLE 134 MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 122
TABLE 135 MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 122
TABLE 136 MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 122
11.5.3 SOUTH AMERICA 123
11.5.3.1 Growth in animal feed industry to propel demand 123
TABLE 137 SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 123
TABLE 138 SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS) 123
TABLE 139 SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 123
TABLE 140 SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION) 124
12 COMPETITIVE LANDSCAPE 125
12.1 INTRODUCTION 125
12.2 STRATEGIES ADOPTED BY KEY PLAYERS 125
12.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS 125
12.3 MARKET SHARE ANALYSIS 127
12.3.1 RANKING OF KEY MARKET PLAYERS, 2022 127
FIGURE 37 TOP FIVE PLAYERS IN ISOBUTYRIC ACID MARKET, 2022 127
12.3.2 MARKET SHARE OF KEY PLAYERS 127
FIGURE 38 ISOBUTYRIC ACID MARKET SHARE ANALYSIS 128
TABLE 141 ISOBUTYRIC ACID MARKET: DEGREE OF COMPETITION 128
12.3.2.1 OQ Chemicals GmbH 128
12.3.2.2 Eastman Chemical Company 128
12.3.2.3 Tokyo Chemical Industry Co., Ltd. 129
12.3.2.4 Snowco 129
12.3.2.5 Shanghai Aladdin Biochemical Technology Co., Ltd. 129
12.3.3 REVENUE ANALYSIS OF TOP 5 PLAYERS 129
FIGURE 39 REVENUE ANALYSIS OF KEY COMPANIES, 2018–2022 129
12.4 COMPANY PRODUCT FOOTPRINT ANALYSIS 130
FIGURE 40 ISOBUTYRIC ACID MARKET: COMPANY FOOTPRINT 130
TABLE 142 ISOBUTYRIC ACID MARKET: TYPE FOOTPRINT 131
TABLE 143 ISOBUTYRIC ACID MARKET: END USE FOOTPRINT 132
TABLE 144 ISOBUTYRIC ACID MARKET: COMPANY REGION FOOTPRINT 133
12.5 COMPANY EVALUATION QUADRANT (TIER 1) 134
12.5.1 STARS 134
12.5.2 EMERGING LEADERS 134
12.5.3 PERVASIVE PLAYERS 134
12.5.4 PARTICIPANTS 134
FIGURE 41 COMPANY EVALUATION QUADRANT: ISOBUTYRIC ACID MARKET (TIER 1 COMPANIES) 135
12.6 COMPETITIVE BENCHMARKING 136
TABLE 145 ISOBUTYRIC ACID MARKET: KEY START-UPS/SMES 136
TABLE 146 ISOBUTYRIC ACID MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES 136
12.7 START-UP/SME EVALUATION QUADRANT 137
12.7.1 PROGRESSIVE COMPANIES 137
12.7.2 RESPONSIVE COMPANIES 137
12.7.3 DYNAMIC COMPANIES 137
12.7.4 STARTING BLOCKS 137
FIGURE 42 START-UP/SME EVALUATION QUADRANT: ISOBUTYRIC ACID MARKET 138
12.8 COMPETITIVE SCENARIO 139
12.8.1 DEALS 139
TABLE 147 ISOBUTYRIC ACID MARKET: DEALS, 2019–2023 139
12.8.2 OTHER DEVELOPMENTS 142
TABLE 148 ISOBUTYRIC ACID MARKET: EXPANSIONS AND INVESTMENTS, 2019–2023 142
13 COMPANY PROFILES 144
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
13.1 MAJOR PLAYERS 144
13.1.1 OQ CHEMICALS GMBH 144
TABLE 149 OQ CHEMICALS GMBH: COMPANY OVERVIEW 144
FIGURE 43 OQ CHEMICALS GMBH: COMPANY SNAPSHOT 145
TABLE 150 OQ CHEMICALS GMBH: PRODUCTS OFFERED 145
TABLE 151 OQ CHEMICALS GMBH: DEALS 146
TABLE 152 OQ CHEMICALS GMBH: OTHERS 146
13.1.2 EASTMAN CHEMICAL COMPANY 148
TABLE 153 EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW 148
FIGURE 44 EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT 149
TABLE 154 EASTMAN CHEMICAL COMPANY: PRODUCTS OFFERED 149
TABLE 155 EASTMAN CHEMICAL COMPANY: DEALS 150
13.1.3 TOKYO CHEMICAL INDUSTRY CO., LTD. 151
TABLE 156 TOKYO CHEMICAL INDUSTRY CO., LTD.: COMPANY OVERVIEW 151
TABLE 157 TOKYO CHEMICAL INDUSTRY CO., LTD: PRODUCTS OFFERED 151
13.1.4 SNOWCO 153
TABLE 158 SNOWCO: COMPANY OVERVIEW 153
TABLE 159 SNOWCO: PRODUCTS OFFERED 153
TABLE 160 SNOWCO: OTHERS 153
13.1.5 SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD. 155
TABLE 161 SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 155
FIGURE 45 SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT 155
TABLE 162 SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.: PRODUCTS OFFERED 156
13.1.6 AFYREN 157
TABLE 163 AFYREN: COMPANY OVERVIEW 157
FIGURE 46 AFYREN: COMPANY SNAPSHOT 158
TABLE 164 AFYREN: PRODUCTS OFFERED 158
TABLE 165 AFYREN: DEALS 159
TABLE 166 AFYREN: OTHERS 161
13.1.7 LYGOS, INC. 162
TABLE 167 LYGOS, INC.: COMPANY OVERVIEW 162
TABLE 168 LYGOS, INC.: PRODUCTS OFFERED 162
TABLE 169 LYGOS, INC.: DEALS 163
TABLE 170 LYGOS, INC.: OTHERS 163
13.1.8 DOW INC. 164
TABLE 171 DOW INC.: COMPANY OVERVIEW 164
FIGURE 47 DOW INC.: COMPANY SNAPSHOT 165
TABLE 172 DOW INC.: PRODUCTS OFFERED 165
13.1.9 JIANGSU DYNAMIC CHEMICAL CO., LTD. 166
TABLE 173 JIANGSU DYNAMIC CHEMICAL CO., LTD.: COMPANY OVERVIEW 166
TABLE 174 JIANGSU DYNAMIC CHEMICAL CO., LTD.: PRODUCTS OFFERED 166
13.1.10 WEIFANG QIYI CHEMICAL CO., LTD. 167
TABLE 175 WEIFANG QIYI CHEMICAL CO., LTD.: COMPANY OVERVIEW 167
TABLE 176 WEIFANG QIYI CHEMICAL CO., LTD.: PRODUCTS OFFERED 167
13.1.11 YUFENG INTERNATIONAL GROUP CO., LTD. 168
TABLE 177 YUFENG INTERNATIONAL GROUP CO., LTD.: COMPANY OVERVIEW 168
TABLE 178 YUFENG INTERNATIONAL GROUP CO., LTD.: PRODUCTS OFFERED 168
13.1.12 NANJING CHEMICAL MATERIAL CORP. 169
TABLE 179 NANJING CHEMICAL MATERIAL CORP.: COMPANY OVERVIEW 169
TABLE 180 NANJING CHEMICAL MATERIAL CORP.: PRODUCTS OFFERED 169
13.1.13 FUJIFILM WAKO PURE CHEMICAL CORPORATION 170
TABLE 181 FUJIFILM WAKO PURE CHEMICAL CORPORATION: COMPANY OVERVIEW 170
TABLE 182 FUJIFILM WAKO PURE CHEMICAL CORPORATION: PRODUCTS OFFERED 170
13.1.14 HUBEI JUSHENG TECHNOLOGY CO., LTD. 171
TABLE 183 HUBEI JUSHENG TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 171
TABLE 184 HUBEI JUSHENG TECHNOLOGY CO., LTD.: PRODUCTS OFFERED 171
13.2 OTHER PLAYERS 172
13.2.1 YANCHENG CITY CHUNZHU AROMA CO., LTD. 172
TABLE 185 YANCHENG CITY CHUNZHU AROMA CO., LTD.: COMPANY OVERVIEW 172
13.2.2 WEN INTERNATIONAL, INC. 172
TABLE 186 WEN INTERNATIONAL, INC.: COMPANY OVERVIEW 172
13.2.3 CENTRAL DRUG HOUSE 173
TABLE 187 CENTRAL DRUG HOUSE: COMPANY OVERVIEW 173
13.2.4 KUNSHAN ODOWELL CO., LTD 173
TABLE 188 KUNSHAN ODOWELL CO., LTD: COMPANY OVERVIEW 173
13.2.5 SISCO RESEARCH LABORATORIES PVT. LTD. 174
TABLE 189 SISCO RESEARCH LABORATORIES PVT. LTD.: COMPANY OVERVIEW 174
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
14 ADJACENT AND RELATED MARKETS 175
14.1 INTRODUCTION 175
14.2 LIMITATIONS 175
14.3 BUTYRIC ACID MARKET 175
14.3.1 MARKET DEFINITION 175
14.3.2 MARKET OVERVIEW 176
14.3.3 BUTYRIC ACID MARKET, BY TYPE 176
TABLE 190 BUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION) 176
TABLE 191 BUTYRIC ACID MARKET, BY TYPE, 2021–2027 (USD MILLION) 176
TABLE 192 BUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS) 176
TABLE 193 BUTYRIC ACID MARKET, BY TYPE, 2021–2027 (KILOTONS) 177
TABLE 194 BUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION) 177
TABLE 195 BUTYRIC ACID MARKET, BY END USE, 2021–2027 (USD MILLION) 177
TABLE 196 BUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS) 178
TABLE 197 BUTYRIC ACID MARKET, BY END USE, 2021–2027 (KILOTONS) 178
15 APPENDIX 179
15.1 DISCUSSION GUIDE 179
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 181
15.3 CUSTOMIZATION OPTIONS 183
15.4 RELATED REPORTS 183
15.1 AUTHORS DETAILS 184