Global Butyric Acid Market: Trends, Share, Size, Growth, Opportunity and Forecast 2022-2028

 



Butyric Acid Market

Butyric acid, also known as butanoic acid, is a colorless carboxylic acid produced by the bacterial fermentation of carbohydrates and dietary fiber. Animal fats, vegetable oils, milk, butter, and cheese all include it. It is produced industrially by the chemical synthesis of petroleum-based feedstocks, as well as through the fermentation of starch or sugar in a mixture of putrefying cheese and calcium carbonate, and it can be used as a precursor to the production of other biofuels. As a result, it has a number of positive qualities, including cost-effectiveness, sustainability, and low greenhouse gas emissions. Butyric acid is widely used in a variety of industries, including animal feed, pharmaceuticals, chemical intermediates, perfume products, and food and beverage.

Significant expansion in the pharmaceutical business around the world is one of the primary drivers driving the market's favorable outlook. Butyric Acid Market is utilized in the production of pharmaceutical medications that aid in weight loss and the treatment of cancer and irritable bowel syndrome (IBS). Furthermore, the increasing use of the Butyric Acid Market to improve the nutritional content of animal feed is propelling market expansion. It aids in the improvement of gastrointestinal health as well as the prevention of microbial infections and diseases in pigs, poultry, fish, and cattle. Increased product application in the production of biofuels, which are quickly replacing previously utilized gasoline and other fuel alternatives, is also contributing to market expansion.

The COVID-19 epidemic resulted in enormous economic losses worldwide. In addition, the pandemic had a negative impact on the market in 2020. The pandemic had a temporary impact on different industries' operating efficiencies. It has had a negative influence on a variety of application sectors, including animal feed, food tastes, food scents, chemical intermediates, and pharmaceuticals. The global use of the Butyric Acid Market was banned due to the issue. The lockdown measures created serious disruptions in the animal feed manufacturing and distribution networks in the Asia Pacific. Various industries, however, are resuming operations. As a result, demand for butyric acid is increasing. Butyric acid consumption in India is increasing as a result of increased demand from various application industries such as pharmaceuticals.

Important Players

Eastman Chemical Company, Dmitrievsky Chemical Plant, and Alfa Aesar GmbH & CO KG are among the key players in the worldwide butyric acid market.

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