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Global Butyric Acid Market at a healthy CAGR in the forecast period of 2019 to 2026 | OXEA GmbH, Perstorp Holding AB, Advanced Biotech, Hefei TNJ Chemical Industry Co. Ltd., Vigon International, Green Biologics Limited

Global Butyric Acid Market

Butyric acid salts are primarily used for boosting animal colon and gastrointestinal health and to increase the overall meat yield from the animal. The butyric acid has benefits and is used in various applications hence companies are producing and launching the products to fulfil the customers demand from different sources to provide benefits. To fulfil the growing demand of butyric acid some companies are expanding their business in different region thus butyric acid market is growing.

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Global butyric acid market is projected to register a healthy CAGR in the forecast period of 2019 to 2026.

Competitive Analysis: Global Butyric Acid Market

Some of the major players operating in this market are-Eastman Chemical Company, Celanese Corporation, Thermo Fisher Scientific Inc., Snowco Industrial, Nutrients Scientific, Aldon Corporation, Yufeng International Co. Ltd, Zhonglan Industry Co. Ltd., Weifang Qiyi Chemical Co. Ltd., ELiE Health Solutions, Kemin Industries Inc. OXEA GmbH, Perstorp Holding AB, Advanced Biotech, Hefei TNJ Chemical Industry Co. Ltd., Vigon International, Green Biologics Limited, Consolidated Chemical & Solvents LLC., Axxence Aromatic GmbH, Augustus Oils Ltd., Ennolys.

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Segmentation Global Butyric Acid Market

Global butyric acid market is segmented into four notable segments which are by three notable segments which are type, derivatives and end-user.

  • On the basis of type, the market is segmented into synthetic butyric acid and natural butyric acid. In 2018, natural butyric acid segment is expected to dominate the market.
    • In January 2019, OXEA GmbH increases their production capacity of Carboxylic Acids. It will provide extra benefits to diversify their production base, technical advantage and provide the team to take necessary changes so that they can increase their product portfolio and increase their customer base.
  • On the basis of derivatives, the market is segmented into sodium butyrate, calcium butyrate others.
    • In November 2018, Eastman Chemical Company completed construction of a new manufacturing facility for isobutyric acid located at Kingsport, Tennessee U.S.
  • On the basis of end-user, the market is segmented into animal feed, chemical intermediate, food & flavors, pharmaceuticals, inks, paints & coatings, perfumes and others.

Product Launch:

  • In April, Kemin Industries launched and showcase a new product Aleta beta glucan (β-glucan) at the Intestinal Health Scientific Interest Group’s (IHSIG) 6th Conference on Poultry Intestinal Health in Rome which was held on 3rd of April to 5th of April, 2019. The product will be act as an immune modulator for the animals at the time of stress, disease and vaccination.
  • In April, Kemin Industries launched and showcase a new product Aleta beta glucan (β-glucan) at the Intestinal Health Scientific Interest Group’s (IHSIG) 6th Conference on Poultry Intestinal Health in Rome which was held on 3rd of April to 5th of April, 2019. The product will be act as an immune modulator for the animals at the time of stress, disease and vaccination.

Research Methodology: Global Butyric Acid Market

Primary Respondents: Key Industry Participants, Subject-Matter Experts (SMEs), C-level Executives of Key Market Players, Market Intelligence Managers, National Sales Managers and Industry Consultants.

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