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

Abstract
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.

Content
Table of Contents

1INTRODUCTION27
1.1STUDY OBJECTIVES27
1.2MARKET DEFINITION27
1.2.1INCLUSIONS AND EXCLUSIONS28
TABLE 1ISOBUTYRIC ACID MARKET: INCLUSIONS AND EXCLUSIONS28
1.3MARKET SCOPE28
FIGURE 1ISOBUTYRIC ACID MARKET SEGMENTATION28
1.3.1REGIONAL SCOPE29
1.3.2YEARS CONSIDERED29
1.4CURRENCY CONSIDERED29
1.5UNITS CONSIDERED30
1.6LIMITATIONS30
1.7STAKEHOLDERS30
2RESEARCH METHODOLOGY31
2.1RESEARCH DATA31
FIGURE 2ISOBUTYRIC ACID MARKET: RESEARCH DESIGN31
2.1.1SECONDARY DATA32
2.1.1.1Key data from secondary sources32
2.1.2PRIMARY DATA32
2.1.2.1Key data from primary sources32
2.1.2.2Companies participating in primary research33
2.1.2.3Breakdown of primary interviews33
2.2DEMAND-SIDE MATRIX CONSIDERED34
FIGURE 3MAIN MATRIX CONSIDERED TO CONSTRUCT AND ASSESS DEMAND FOR ISOBUTYRIC ACID34
2.3MARKET SIZE ESTIMATION34
2.3.1BOTTOM-UP APPROACH35
FIGURE 4MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH35
2.3.2TOP-DOWN APPROACH35
FIGURE 5MARKET SIZE ESTIMATION: TOP-DOWN APPROACH35
2.4METHODOLOGY FOR SUPPLY-SIDE SIZING OF ISOBUTYRIC ACID MARKET (1/2)36
2.5METHODOLOGY FOR SUPPLY-SIDE SIZING OF ISOBUTYRIC ACID MARKET (2/2)36
2.5.1CALCULATIONS FOR SUPPLY-SIDE ANALYSIS37
2.5.2DATA TRIANGULATION37
FIGURE 6ISOBUTYRIC ACID MARKET: DATA TRIANGULATION37
2.5.3GROWTH FORECAST38
2.5.4GROWTH RATE ASSUMPTIONS38
2.5.5RESEARCH ASSUMPTIONS38
2.5.6RESEARCH LIMITATIONS39
2.5.7RISK ANALYSIS39
2.6IMPACT OF RECESSION39
3EXECUTIVE SUMMARY40
TABLE 2ISOBUTYRIC ACID MARKET41
FIGURE 7SYNTHETIC ISOBUTYRIC ACID SEGMENT TO DOMINATE MARKET BETWEEN 2023 AND 202841
FIGURE 8ANIMAL FEED SEGMENT TO LEAD MARKET BETWEEN 2023 AND 202842
FIGURE 9ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD42
4PREMIUM INSIGHTS44
4.1ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ISOBUTYRIC ACID MARKET44
FIGURE 10MARKET TO WITNESS SIGNIFICANT GROWTH BETWEEN 2023 AND 202844
4.2ISOBUTYRIC ACID MARKET, BY REGION44
FIGURE 11ASIA PACIFIC MARKET TO RECORD HIGHEST CAGR BETWEEN 2023 AND 202844
4.3ISOBUTYRIC ACID MARKET, BY END USE45
FIGURE 12PHARMACEUTICALS SEGMENT TO REGISTER SIGNIFICANT CAGR BETWEEN 2023 AND 202845
4.4ISOBUTYRIC ACID MARKET, BY TYPE45
FIGURE 13SYNTHETIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD45
4.5ISOBUTYRIC ACID MARKET, BY COUNTRY46
FIGURE 14INDIA TO RECORD HIGHEST CAGR BETWEEN 2023 AND 202846
5MARKET OVERVIEW47
5.1INTRODUCTION47
5.2MARKET DYNAMICS47
FIGURE 15DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN ISOBUTYRIC ACID MARKET47
5.2.1DRIVERS48
5.2.1.1Rising demand from major end-use industries48
5.2.1.1.1Use of isobutyric acid in food & flavors industry48
TABLE 3AVERAGE USUAL USE LEVELS/AVERAGE MAXIMUM USE LEVELS48
5.2.1.1.2Rising demand from animal feed segment49
FIGURE 16GLOBAL ANIMAL FEED PRODUCTION, 2020 (MT)49
5.2.1.1.3Growing utility of isobutyric acid as chemical intermediate49
5.2.2RESTRAINTS50
5.2.2.1Health concerns associated with handling and storage50
TABLE 4HAZARDS IDENTIFICATION50
TABLE 5HANDLING & STORAGE50
5.2.3OPPORTUNITIES51
5.2.3.1Potential use of SFCAs in liver disease treatment51
FIGURE 17BREAKDOWN OF GLOBAL SALES OF PHARMACEUTICALS, 202051
5.2.3.2Growing preference for bio-based isobutyric acid over petroleum-based chemicals51
5.2.4CHALLENGES52
5.2.4.1Price volatility of raw materials52
6INDUSTRY TRENDS53
6.1ECOSYSTEM53
FIGURE 18ECOSYSTEM MAP OF ISOBUTYRIC ACID MARKET53
TABLE 6ISOBUTYRIC ACID MARKET: ECOSYSTEM54
6.2VALUE CHAIN ANALYSIS55
6.2.1RAW MATERIALS55
6.2.2MANUFACTURE OF ISOBUTYRIC ACID55
6.2.3DISTRIBUTION TO END USERS55
FIGURE 19ISOBUTYRIC ACID MARKET: VALUE CHAIN56
6.3TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS56
6.3.1REVENUE SHIFT & POCKETS FOR ISOBUTYRIC ACID56
FIGURE 20ISOBUTYRIC ACID MARKET: FUTURE REVENUE MIX56
6.4PORTER'S FIVE FORCES ANALYSIS57
FIGURE 21ISOBUTYRIC ACID MARKET: PORTER'S FIVE FORCES ANALYSIS57
TABLE 7ISOBUTYRIC ACID MARKET: PORTER'S FIVE FORCES ANALYSIS58
6.4.1BARGAINING POWER OF SUPPLIERS58
6.4.2THREAT OF SUBSTITUTES58
6.4.3BARGAINING POWER OF BUYERS58
6.4.4THREAT OF NEW ENTRANTS59
6.4.5INTENSITY OF COMPETITIVE RIVALRY59
6.5CASE STUDY ANALYSIS59
6.5.1AGILE BIOFOUNDRY ASSISTS LYGOS, INC. TO SCALE UP PRODUCTION59
6.6TECHNOLOGY ANALYSIS60
6.6.1INTRODUCTION60
6.6.1.1Koch synthesis60
6.6.1.2Liquid-phase oxidation of isobutyraldehyde60
6.6.1.3Biosynthesis61
6.7KEY STAKEHOLDERS AND BUYING CRITERIA61
6.7.1KEY STAKEHOLDERS IN BUYING PROCESS61
FIGURE 22INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES61
TABLE 8INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES (%)62
6.7.2BUYING CRITERIA62
FIGURE 23KEY BUYING CRITERIA FOR TOP THREE END USES62
TABLE 9KEY BUYING CRITERIA FOR TOP THREE END USES62
6.8TARIFF AND REGULATORY LANDSCAPE63
TABLE 10REGULATIONS AND STANDARDS RELATED TO ISOBUTYRIC ACID MARKET63
6.8.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS64
TABLE 11NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS64
TABLE 12EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS65
TABLE 13ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS65
TABLE 14REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS65
6.9PATENT ANALYSIS66
6.9.1INTRODUCTION66
6.9.2METHODOLOGY66
6.9.3DOCUMENT TYPE66
FIGURE 24NUMBER OF GRANTED PATENTS, PATENT APPLICATIONS, AND LIMITED PATENTS66
FIGURE 25PUBLICATION TRENDS: LAST 10 YEARS67
6.9.4INSIGHTS67
FIGURE 26LEGAL STATUS OF PATENTS67
6.9.5JURISDICTION ANALYSIS68
FIGURE 27TOP JURISDICTION, BY DOCUMENT68
6.9.6TOP COMPANIES/APPLICANTS68
FIGURE 28COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS69
TABLE 15PATENTS: EASTMAN CHEMICAL COMPANY69
TABLE 16PATENTS: DOW AGROSCIENCES LLC70
TABLE 17TOP 10 PATENT OWNERS DURING LAST 10 YEARS70
6.10KEY CONFERENCES & EVENTS, 2023–202471
TABLE 18ISOBUTYRIC ACID MARKET: CONFERENCES & EVENTS71
6.11PRICING ANALYSIS72
6.11.1AVERAGE SELLING PRICE, BY REGION72
FIGURE 29AVERAGE SELLING PRICE OF ISOBUTYRIC ACID, BY TYPE, IN DIFFERENT REGIONS72
6.11.2AVERAGE SELLING PRICE OF KEY PLAYERS, BY END USE73
FIGURE 30AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE END USES73
6.12TRADE DATA73
TABLE 19IMPORT DATA FOR ISOBUTYRIC ACID, 202173
TABLE 20EXPORT DATA FOR ISOBUTYRIC ACID, 202174
7ISOBUTYRIC ACID MARKET, BY GRADE75
7.1INTRODUCTION75
7.2REAGENT GRADE75
7.2.1GROWING USE IN LAB ENVIRONMENTS TO FUEL MARKET75
7.3INDUSTRIAL GRADE75
7.3.1WIDESPREAD USE IN INDUSTRIAL APPLICATIONS TO DRIVE DEMAND75
8ISOBUTYRIC ACID MARKET, BY PURITY76
8.1INTRODUCTION76
8.2MORE THAN 98%76
8.2.1HIGH DEMAND FROM PHARMACEUTICAL INDUSTRY TO FUEL GROWTH76
8.3LESS THAN 98%76
8.3.1INCREASING USE IN INDUSTRIAL CLEANING ACTIVITIES TO PROPEL GROWTH76
9ISOBUTYRIC ACID MARKET, BY TYPE77
9.1INTRODUCTION78
FIGURE 31SYNTHETIC ISOBUTYRIC ACID SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD78
TABLE 21ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)78
TABLE 22ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)78
TABLE 23ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)79
TABLE 24ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)79
9.2SYNTHETIC ISOBUTYRIC ACID79
9.2.1LOW MANUFACTURING COST TO DRIVE DEMAND79
9.3RENEWABLE ISOBUTYRIC ACID79
9.3.1RISING INTEREST IN ORGANIC AND NATURAL PRODUCTS TO BOOST MARKET79
10ISOBUTYRIC ACID MARKET, BY END USE80
10.1INTRODUCTION81
FIGURE 32ANIMAL FEED PROJECTED TO BE LARGEST SEGMENT DURING FORECAST PERIOD81
TABLE 25ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)81
TABLE 26ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)82
TABLE 27ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)82
TABLE 28ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)82
10.2ANIMAL FEED83
10.2.1GROWING USE AS FEED SUPPLEMENT TO DRIVE MARKET83
10.3CHEMICAL INTERMEDIATES83
10.3.1WIDESPREAD USE OF ISOBUTYRIC ACID ESTERS TO PROPEL DEMAND83
10.4FOOD & FLAVORS83
10.4.1INCREASING CONSUMPTION OF PROCESSED FOOD & BEVERAGES TO FUEL MARKET83
10.5PHARMACEUTICALS84
10.5.1POTENTIAL USE IN DISEASE TREATMENT TO DRIVE MARKET84
10.6OTHERS84
11ISOBUTYRIC ACID MARKET, BY REGION85
11.1INTRODUCTION86
FIGURE 33ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD86
TABLE 29ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (KILOTONS)86
TABLE 30ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (KILOTONS)87
TABLE 31ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)87
TABLE 32ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (USD MILLION)87
11.2ASIA PACIFIC87
11.2.1IMPACT OF RECESSION88
FIGURE 34ASIA PACIFIC: ISOBUTYRIC ACID MARKET SNAPSHOT88
TABLE 33ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)89
TABLE 34ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)89
TABLE 35ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)89
TABLE 36ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)89
TABLE 37ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)90
TABLE 38ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)90
TABLE 39ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)90
TABLE 40ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)91
TABLE 41ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (KILOTONS)91
TABLE 42ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (KILOTONS)91
TABLE 43ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)92
TABLE 44ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (USD MILLION)92
11.2.2CHINA92
11.2.2.1Increasing demand from animal feed industry to drive market92
TABLE 45CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)93
TABLE 46CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)93
TABLE 47CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)93
TABLE 48CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)93
11.2.3INDIA94
11.2.3.1Growing consumer awareness and demand for environment-friendly products to boost market94
TABLE 49INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)94
TABLE 50INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)94
TABLE 51INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)94
TABLE 52INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)95
11.2.4JAPAN95
11.2.4.1Rising consumption of packaged food to drive market95
TABLE 53JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)95
TABLE 54JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)95
TABLE 55JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)96
TABLE 56JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)96
11.2.5SOUTH KOREA96
11.2.5.1Growing food and petrochemical sectors to boost demand96
TABLE 57SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)96
TABLE 58SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)97
TABLE 59SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)97
TABLE 60SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)97
11.2.6REST OF ASIA PACIFIC97
TABLE 61REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)97
TABLE 62REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)98
TABLE 63REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)98
TABLE 64REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)98
11.3EUROPE98
11.3.1IMPACT OF RECESSION99
FIGURE 35EUROPE: ISOBUTYRIC ACID MARKET SNAPSHOT99
TABLE 65EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)100
TABLE 66EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)100
TABLE 67EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)100
TABLE 68EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)100
TABLE 69EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)101
TABLE 70EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)101
TABLE 71EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)101
TABLE 72EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)102
TABLE 73EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (KILOTONS)102
TABLE 74EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (KILOTONS)102
TABLE 75EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)103
TABLE 76EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (USD MILLION)103
11.3.2GERMANY103
11.3.2.1Increased pharmaceutical R&D spending to drive market103
TABLE 77GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)104
TABLE 78GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)104
TABLE 79GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)104
TABLE 80GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)104
11.3.3FRANCE105
11.3.3.1Growing demand for poultry products to boost market105
TABLE 81FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)105
TABLE 82FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)105
TABLE 83FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)105
TABLE 84FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)106
11.3.4ITALY106
11.3.4.1Increasing consumption of consumer-ready food to drive market106
TABLE 85ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)106
TABLE 86ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)106
TABLE 87ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)107
TABLE 88ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)107
11.3.5UK107
11.3.5.1Booming pharmaceutical sector to fuel market107
TABLE 89UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)107
TABLE 90UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)108
TABLE 91UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)108
TABLE 92UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)108
11.3.6REST OF EUROPE108
TABLE 93REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)109
TABLE 94REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)109
TABLE 95REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)109
TABLE 96REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)109
11.4NORTH AMERICA110
11.4.1IMPACT OF RECESSION110
FIGURE 36NORTH AMERICA: ISOBUTYRIC ACID MARKET SNAPSHOT110
TABLE 97NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)111
TABLE 98NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)111
TABLE 99NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)111
TABLE 100NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)111
TABLE 101NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)112
TABLE 102NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)112
TABLE 103NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)112
TABLE 104NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)113
TABLE 105NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (KILOTONS)113
TABLE 106NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (KILOTONS)113
TABLE 107NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)113
TABLE 108NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (USD MILLION)114
11.4.2US114
11.4.2.1Growth of feed industry to boost consumption of isobutyric acid114
TABLE 109US: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)114
TABLE 110US: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)114
TABLE 111US: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)115
TABLE 112US: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)115
11.4.3CANADA115
11.4.3.1Growth in pharmaceutical sector to drive market115
TABLE 113CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)115
TABLE 114CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)116
TABLE 115CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)116
TABLE 116CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)116
11.4.4MEXICO116
11.4.4.1Rising demand for processed foods to fuel market116
TABLE 117MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)117
TABLE 118MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)117
TABLE 119MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)117
TABLE 120MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)117
11.5REST OF THE WORLD118
11.5.1IMPACT OF RECESSION118
TABLE 121REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)118
TABLE 122REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)118
TABLE 123REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)118
TABLE 124REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)119
TABLE 125REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)119
TABLE 126REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)119
TABLE 127REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)120
TABLE 128REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)120
TABLE 129REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (KILOTONS)120
TABLE 130REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (KILOTONS)121
TABLE 131REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)121
TABLE 132REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (USD MILLION)121
11.5.2MIDDLE EAST & AFRICA121
11.5.2.1Increasing demand due to expansion of food & flavor sector121
TABLE 133MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)122
TABLE 134MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)122
TABLE 135MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)122
TABLE 136MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)122
11.5.3SOUTH AMERICA123
11.5.3.1Growth in animal feed industry to propel demand123
TABLE 137SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)123
TABLE 138SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)123
TABLE 139SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)123
TABLE 140SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)124
12COMPETITIVE LANDSCAPE125
12.1INTRODUCTION125
12.2STRATEGIES ADOPTED BY KEY PLAYERS125
12.2.1OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS125
12.3MARKET SHARE ANALYSIS127
12.3.1RANKING OF KEY MARKET PLAYERS, 2022127
FIGURE 37TOP FIVE PLAYERS IN ISOBUTYRIC ACID MARKET, 2022127
12.3.2MARKET SHARE OF KEY PLAYERS127
FIGURE 38ISOBUTYRIC ACID MARKET SHARE ANALYSIS128
TABLE 141ISOBUTYRIC ACID MARKET: DEGREE OF COMPETITION128
12.3.2.1OQ Chemicals GmbH128
12.3.2.2Eastman Chemical Company128
12.3.2.3Tokyo Chemical Industry Co., Ltd.129
12.3.2.4Snowco129
12.3.2.5Shanghai Aladdin Biochemical Technology Co., Ltd.129
12.3.3REVENUE ANALYSIS OF TOP 5 PLAYERS129
FIGURE 39REVENUE ANALYSIS OF KEY COMPANIES, 2018–2022129
12.4COMPANY PRODUCT FOOTPRINT ANALYSIS130
FIGURE 40ISOBUTYRIC ACID MARKET: COMPANY FOOTPRINT130
TABLE 142ISOBUTYRIC ACID MARKET: TYPE FOOTPRINT131
TABLE 143ISOBUTYRIC ACID MARKET: END USE FOOTPRINT132
TABLE 144ISOBUTYRIC ACID MARKET: COMPANY REGION FOOTPRINT133
12.5COMPANY EVALUATION QUADRANT (TIER 1)134
12.5.1STARS134
12.5.2EMERGING LEADERS134
12.5.3PERVASIVE PLAYERS134
12.5.4PARTICIPANTS134
FIGURE 41COMPANY EVALUATION QUADRANT: ISOBUTYRIC ACID MARKET (TIER 1 COMPANIES)135
12.6COMPETITIVE BENCHMARKING136
TABLE 145ISOBUTYRIC ACID MARKET: KEY START-UPS/SMES136
TABLE 146ISOBUTYRIC ACID MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES136
12.7START-UP/SME EVALUATION QUADRANT137
12.7.1PROGRESSIVE COMPANIES137
12.7.2RESPONSIVE COMPANIES137
12.7.3DYNAMIC COMPANIES137
12.7.4STARTING BLOCKS137
FIGURE 42START-UP/SME EVALUATION QUADRANT: ISOBUTYRIC ACID MARKET138
12.8COMPETITIVE SCENARIO139
12.8.1DEALS139
TABLE 147ISOBUTYRIC ACID MARKET: DEALS, 2019–2023139
12.8.2OTHER DEVELOPMENTS142
TABLE 148ISOBUTYRIC ACID MARKET: EXPANSIONS AND INVESTMENTS, 2019–2023142
13COMPANY PROFILES144
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
13.1MAJOR PLAYERS144
13.1.1OQ CHEMICALS GMBH144
TABLE 149OQ CHEMICALS GMBH: COMPANY OVERVIEW144
FIGURE 43OQ CHEMICALS GMBH: COMPANY SNAPSHOT145
TABLE 150OQ CHEMICALS GMBH: PRODUCTS OFFERED145
TABLE 151OQ CHEMICALS GMBH: DEALS146
TABLE 152OQ CHEMICALS GMBH: OTHERS146
13.1.2EASTMAN CHEMICAL COMPANY148
TABLE 153EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW148
FIGURE 44EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT149
TABLE 154EASTMAN CHEMICAL COMPANY: PRODUCTS OFFERED149
TABLE 155EASTMAN CHEMICAL COMPANY: DEALS150
13.1.3TOKYO CHEMICAL INDUSTRY CO., LTD.151
TABLE 156TOKYO CHEMICAL INDUSTRY CO., LTD.: COMPANY OVERVIEW151
TABLE 157TOKYO CHEMICAL INDUSTRY CO., LTD: PRODUCTS OFFERED151
13.1.4SNOWCO153
TABLE 158SNOWCO: COMPANY OVERVIEW153
TABLE 159SNOWCO: PRODUCTS OFFERED153
TABLE 160SNOWCO: OTHERS153
13.1.5SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.155
TABLE 161SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW155
FIGURE 45SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT155
TABLE 162SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.: PRODUCTS OFFERED156
13.1.6AFYREN157
TABLE 163AFYREN: COMPANY OVERVIEW157
FIGURE 46AFYREN: COMPANY SNAPSHOT158
TABLE 164AFYREN: PRODUCTS OFFERED158
TABLE 165AFYREN: DEALS159
TABLE 166AFYREN: OTHERS161
13.1.7LYGOS, INC.162
TABLE 167LYGOS, INC.: COMPANY OVERVIEW162
TABLE 168LYGOS, INC.: PRODUCTS OFFERED162
TABLE 169LYGOS, INC.: DEALS163
TABLE 170LYGOS, INC.: OTHERS163
13.1.8DOW INC.164
TABLE 171DOW INC.: COMPANY OVERVIEW164
FIGURE 47DOW INC.: COMPANY SNAPSHOT165
TABLE 172DOW INC.: PRODUCTS OFFERED165
13.1.9JIANGSU DYNAMIC CHEMICAL CO., LTD.166
TABLE 173JIANGSU DYNAMIC CHEMICAL CO., LTD.: COMPANY OVERVIEW166
TABLE 174JIANGSU DYNAMIC CHEMICAL CO., LTD.: PRODUCTS OFFERED166
13.1.10WEIFANG QIYI CHEMICAL CO., LTD.167
TABLE 175WEIFANG QIYI CHEMICAL CO., LTD.: COMPANY OVERVIEW167
TABLE 176WEIFANG QIYI CHEMICAL CO., LTD.: PRODUCTS OFFERED167
13.1.11YUFENG INTERNATIONAL GROUP CO., LTD.168
TABLE 177YUFENG INTERNATIONAL GROUP CO., LTD.: COMPANY OVERVIEW168
TABLE 178YUFENG INTERNATIONAL GROUP CO., LTD.: PRODUCTS OFFERED168
13.1.12NANJING CHEMICAL MATERIAL CORP.169
TABLE 179NANJING CHEMICAL MATERIAL CORP.: COMPANY OVERVIEW169
TABLE 180NANJING CHEMICAL MATERIAL CORP.: PRODUCTS OFFERED169
13.1.13FUJIFILM WAKO PURE CHEMICAL CORPORATION170
TABLE 181FUJIFILM WAKO PURE CHEMICAL CORPORATION: COMPANY OVERVIEW170
TABLE 182FUJIFILM WAKO PURE CHEMICAL CORPORATION: PRODUCTS OFFERED170
13.1.14HUBEI JUSHENG TECHNOLOGY CO., LTD.171
TABLE 183HUBEI JUSHENG TECHNOLOGY CO., LTD.: COMPANY OVERVIEW171
TABLE 184HUBEI JUSHENG TECHNOLOGY CO., LTD.: PRODUCTS OFFERED171
13.2OTHER PLAYERS172
13.2.1YANCHENG CITY CHUNZHU AROMA CO., LTD.172
TABLE 185YANCHENG CITY CHUNZHU AROMA CO., LTD.: COMPANY OVERVIEW172
13.2.2WEN INTERNATIONAL, INC.172
TABLE 186WEN INTERNATIONAL, INC.: COMPANY OVERVIEW172
13.2.3CENTRAL DRUG HOUSE173
TABLE 187CENTRAL DRUG HOUSE: COMPANY OVERVIEW173
13.2.4KUNSHAN ODOWELL CO., LTD173
TABLE 188KUNSHAN ODOWELL CO., LTD: COMPANY OVERVIEW173
13.2.5SISCO RESEARCH LABORATORIES PVT. LTD.174
TABLE 189SISCO RESEARCH LABORATORIES PVT. LTD.: COMPANY OVERVIEW174
*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.
14ADJACENT AND RELATED MARKETS175
14.1INTRODUCTION175
14.2LIMITATIONS175
14.3BUTYRIC ACID MARKET175
14.3.1MARKET DEFINITION175
14.3.2MARKET OVERVIEW176
14.3.3BUTYRIC ACID MARKET, BY TYPE176
TABLE 190BUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)176
TABLE 191BUTYRIC ACID MARKET, BY TYPE, 2021–2027 (USD MILLION)176
TABLE 192BUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)176
TABLE 193BUTYRIC ACID MARKET, BY TYPE, 2021–2027 (KILOTONS)177
TABLE 194BUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)177
TABLE 195BUTYRIC ACID MARKET, BY END USE, 2021–2027 (USD MILLION)177
TABLE 196BUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)178
TABLE 197BUTYRIC ACID MARKET, BY END USE, 2021–2027 (KILOTONS)178
15APPENDIX179
15.1DISCUSSION GUIDE179
15.2KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL181
15.3CUSTOMIZATION OPTIONS183
15.4RELATED REPORTS183
15.1AUTHORS DETAILS184