Isobutyric Acid Market

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

Report Code: CH 8670 May, 2023, by marketsandmarkets.com

Updated on : April 10, 2024

Isobutyric Acid Market

The global isobutyric acid market was valued at USD 180 million in 2023 and is projected to reach USD 269 million by 2028, growing at 8.3% cagr from 2023 to 2028. The demand for isobutyric acid is closely related to its applications in different industries. Industries such as food & flavors, pharmaceuticals, animal feed, chemicals, polymers, and agriculture utilize isobutyric acid in their processes.

Attractive Opportunities in the Isobutyric Acid Market

Isobutyric Acid Market

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Isobutyric Acid Market

Isobutyric Acid Market Dynamics

Driver: Use of isobutyric acid in food & flavor industry 

Isobutyric acid is an intermediate which is utilized as a solvent in processes that produce pleasant aromas and flavors. According to EFFA, the flavoring industry, a relatively dynamic sector of the economy, spends about 10% of its annual revenue on research and development (R&D). At present, manufacturers aim at creating inventive organic flavors as a result of technological advancements addressing shifting consumer tastes and needs. Thus, the use of isobutyric acid in the growing food & flavor industry is a major driver for the Isobutyric Acid Industry.

Restraint: Health concerns associated with handling and storage of isobutyric acid

The market is expected to experience restraints due to health risks related to handling isobutyric acid. The effects of isobutyric acid inhalation include coughing, throat pain, and respiratory issues. Consuming isobutyric acid may cause a person to collapse or stomach pain. Isoutyric acid can irritate the skin, burn, cause blisters, and continuous exposure can impair vision. Thus, such health concerns restrain the growth of the market.

Opportunity: Growing demand for bio-based isobutric acid

Isobutyric acid can be produced from renewable feedstocks, making it a potential bio-based alternative to petroleum-based chemicals. The use of bio-based chemicals is being encouraged by governmental legislation and policies that support sustainability and the use of renewable resources. The discovery and manufacture of bio-based compounds such as isobutyric acid are encouraged by incentives, R&D, and renewable energy programmers, which creates opportunity for market demand.

Challenge: Price volatility of raw materials

The price volatility of raw materials for isobutyric acid can be attributed to fluctuations in the prices of various feedstocks, which can be impacted by variables such as supply-demand dynamics, geopolitical events, and changes in production capabilities. Also, as isobutyric acid can be derived from petroleum-based feedstocks, the prices of crude oil and its derivatives can have a significant impact on the raw material costs for isobutyric acid. Crude oil prices have been constantly fluctuating since the drop in 2014. The prices again dipped in 2019 and 2020, with a steady increase from Jan 2021 to March 2022. Thus, such fluctuation of crude oil prices poses a challenge for the market.

ISOBUTYRIC ACID MARKET: VALUE CHAIN

Prominent companies in this market include well-established, financially stable isobutyric acid manufacturers. These companies have been operating in the market for several years and possess a strong product portfolio and strong global sales and marketing networks. Prominent companies in this market include OQ Chemicals GmbH (Germany), Eastman Chemical Company (US), Tokyo Chemical Industry Co., Ltd. (Japan), Snowco (China), Shanghai Aladdin Biochemical Technology Co., Ltd. (China).

Isobutyric Acid Market Ecosystem

Based on type, the synthetic isobutyric acid segment is estimated to have the larger market share during the forecast period.

The synthetic isobutyric acid segment is projected to have the larger share of the isobutyric acid market during 2023 to 2028. Isobutyric acid is synthesized chemically with petroleum feedstocks as raw materials, or it can be biosynthesized with sugar or starch. Synthetic isobutyric acid is used in various end-uses such as agricultural intermediates, food & flavors, chemical intermediates, protective coatings, pharmaceutical chemicals, and fragrance ingredients. Thus, the growth of synthetic isobutyric acid segment can be attributed to the cost effectiveness and easy accessibility of raw materials which include petroleum feedstocks.

Based on end-use, the animal feed segment is estimated to have the largest market share during the forecast period.

The animal feed segment is projected to have the largest market share during 2023 to 2028. Isobutyric acid is used as a feed additive to enhance nutritional benefits and act as a growth promoter. It can also contribute to the feed flavor increasing its intake while boosting animal health. Thus, such factors will propel the growth of this segment.

Based on region, Asia Pacific is projected to account for the largest market share during the forecast period.

Increasing demand for isobutyric acid from the animal feed industry is leading to the growth of the Asia Pacific market. Also, the rising population aided with urbanization in emerging economies such as China, India, Japan, and South Korea are increasing the demand for processed food items. Isobutyric acid being used as a feed additive and a flavoring agent in food & flavor is driving the Asia Pacific market.

Isobutyric Acid Market by Region

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Isobutyric Acid Market Players

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) are among the major players leading the market through their geographical presence, enhanced production capacities, and efficient distribution channels.

Isobutyric Acid Market Report Scope

Report Metric

Details

Market Size Value in 2023

USD 180 million

Revenue Forecast in 2028

USD 269 million

CAGR

8.3%

Market Size Available for Years

2018 to 2028

Base Year Considered

2022

Forecast Period

2023–2028

Forecast Units

Value (USD Million), Volume (KiloTons)

Segments Covered

Grade, Purity, Type, End-Use, and Region

Geographies Covered

 Europe, Asia Pacific, North America, and RoW.

Companies Covered

The major market players include are 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

This research report categorizes the isobutyric acid market based on grade, purity, type, end-use, and region.

Based on grade, the isobutyric acid market has been segmented as follows:
  • Reagent Grade
  • Industrial Grade
Based on purity, the isobutyric acid market has been segmented as follows:
  • More than 98%
  • Less than 98%
Based on type, the isobutyric acid market has been segmented as follows:
  • Synthetic Isobutyric Acid
  • Renewable Isobutyric Acid
Based on end-use, the isobutyric acid market has been segmented as follows:
  • Animal Feed
  • Food & Flavor
  • Chemical Intermediate
  • Pharmaceutical
  • Others
Based on the region, the isobutyric acid market has been segmented as follows:
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Rest of Europe
  • North America
    • US
    • Canada
    • Mexico
  • Rest of the World (RoW)
    • Middle East & Africa
    • South America

Recent Developments

  • In January 2023, OQ Chemicals expanded its manufacturing capacity for carboxylic acids. The company invested in a debottlenecking and optimization project for precursors at its facilities in Germany.
  • In January 2023, Afyren and Mitr Phol, a manufacturer of cane sugar and its derivatives, signed a Letter Agreement to establish a biorefinery in Thailand. As per the agreement, the second bio-based organic acid production facility for the Afyren Group would be built. It is consistent with Afyren’s build and operate development strategy, which aims at reaching markets where it sources its raw materials and its customers, with a focus on Asia and North America.
  • In April 2021, Eastman Chemical Company acquired 3F Feed & Food, a European pioneer in the technological and commercial advancement of additives for animal feed and human food. Spain-based 3F's operations and assets joined Eastman's additives & functional products segment and enabled it to improve and assist the animal nutrition company's ongoing global expansion.

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TABLE OF CONTENTS
 
1 INTRODUCTION (Page No. - 27)
    1.1 STUDY OBJECTIVES 
    1.2 MARKET DEFINITION 
           1.2.1 INCLUSIONS AND EXCLUSIONS
                    TABLE 1 ISOBUTYRIC ACID MARKET: INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE 
          FIGURE 1 ISOBUTYRIC ACID MARKET SEGMENTATION
           1.3.1 REGIONAL SCOPE
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED 
    1.5 UNITS CONSIDERED 
    1.6 LIMITATIONS 
    1.7 STAKEHOLDERS 
 
2 RESEARCH METHODOLOGY (Page No. - 31)
    2.1 RESEARCH DATA 
          FIGURE 2 ISOBUTYRIC ACID MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Key data from primary sources
                    2.1.2.2 Companies participating in primary research
                    2.1.2.3 Breakdown of primary interviews
    2.2 DEMAND-SIDE MATRIX CONSIDERED 
          FIGURE 3 MAIN MATRIX CONSIDERED TO CONSTRUCT AND ASSESS DEMAND FOR ISOBUTYRIC ACID
    2.3 MARKET SIZE ESTIMATION 
           2.3.1 BOTTOM-UP APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH
           2.3.2 TOP-DOWN APPROACH
                    FIGURE 5 MARKET SIZE ESTIMATION: TOP-DOWN APPROACH
    2.4 METHODOLOGY FOR SUPPLY-SIDE SIZING OF ISOBUTYRIC ACID MARKET (1/2) 
    2.5 METHODOLOGY FOR SUPPLY-SIDE SIZING OF ISOBUTYRIC ACID MARKET (2/2) 
           2.5.1 CALCULATIONS FOR SUPPLY-SIDE ANALYSIS
           2.5.2 DATA TRIANGULATION
                    FIGURE 6 ISOBUTYRIC ACID MARKET: DATA TRIANGULATION
           2.5.3 GROWTH FORECAST
           2.5.4 GROWTH RATE ASSUMPTIONS
           2.5.5 RESEARCH ASSUMPTIONS
           2.5.6 RESEARCH LIMITATIONS
           2.5.7 RISK ANALYSIS
    2.6 IMPACT OF RECESSION 
 
3 EXECUTIVE SUMMARY (Page No. - 40)
    TABLE 2 ISOBUTYRIC ACID MARKET
    FIGURE 7 SYNTHETIC ISOBUTYRIC ACID SEGMENT TO DOMINATE MARKET BETWEEN 2023 AND 2028
    FIGURE 8 ANIMAL FEED SEGMENT TO LEAD MARKET BETWEEN 2023 AND 2028
    FIGURE 9 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD
 
4 PREMIUM INSIGHTS (Page No. - 44)
    4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ISOBUTYRIC ACID MARKET 
          FIGURE 10 MARKET TO WITNESS SIGNIFICANT GROWTH BETWEEN 2023 AND 2028
    4.2 ISOBUTYRIC ACID MARKET, BY REGION 
          FIGURE 11 ASIA PACIFIC MARKET TO RECORD HIGHEST CAGR BETWEEN 2023 AND 2028
    4.3 ISOBUTYRIC ACID MARKET, BY END USE 
          FIGURE 12 PHARMACEUTICALS SEGMENT TO REGISTER SIGNIFICANT CAGR BETWEEN 2023 AND 2028
    4.4 ISOBUTYRIC ACID MARKET, BY TYPE 
          FIGURE 13 SYNTHETIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
    4.5 ISOBUTYRIC ACID MARKET, BY COUNTRY 
          FIGURE 14 INDIA TO RECORD HIGHEST CAGR BETWEEN 2023 AND 2028
 
5 MARKET OVERVIEW (Page No. - 47)
    5.1 INTRODUCTION 
    5.2 MARKET DYNAMICS 
          FIGURE 15 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES IN ISOBUTYRIC ACID MARKET
           5.2.1 DRIVERS
                    5.2.1.1 Rising demand from major end-use industries
                               5.2.1.1.1 Use of isobutyric acid in food & flavors industry
                                             TABLE 3 AVERAGE USUAL USE LEVELS/AVERAGE MAXIMUM USE LEVELS
                               5.2.1.1.2 Rising demand from animal feed segment
                                             FIGURE 16 GLOBAL ANIMAL FEED PRODUCTION, 2020 (MT)
                               5.2.1.1.3 Growing utility of isobutyric acid as chemical intermediate
           5.2.2 RESTRAINTS
                    5.2.2.1 Health concerns associated with handling and storage
                                TABLE 4 HAZARDS IDENTIFICATION
                                TABLE 5 HANDLING & STORAGE
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Potential use of SFCAs in liver disease treatment
                                FIGURE 17 BREAKDOWN OF GLOBAL SALES OF PHARMACEUTICALS, 2020
                    5.2.3.2 Growing preference for bio-based isobutyric acid over petroleum-based chemicals
           5.2.4 CHALLENGES
                    5.2.4.1 Price volatility of raw materials
 
6 INDUSTRY TRENDS (Page No. - 53)
    6.1 ECOSYSTEM 
          FIGURE 18 ECOSYSTEM MAP OF ISOBUTYRIC ACID MARKET
          TABLE 6 ISOBUTYRIC ACID MARKET: ECOSYSTEM
    6.2 VALUE CHAIN ANALYSIS 
           6.2.1 RAW MATERIALS
           6.2.2 MANUFACTURE OF ISOBUTYRIC ACID
           6.2.3 DISTRIBUTION TO END USERS
                    FIGURE 19 ISOBUTYRIC ACID MARKET: VALUE CHAIN
    6.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER’S BUSINESS 
           6.3.1 REVENUE SHIFT & POCKETS FOR ISOBUTYRIC ACID
                    FIGURE 20 ISOBUTYRIC ACID MARKET: FUTURE REVENUE MIX
    6.4 PORTER'S FIVE FORCES ANALYSIS 
          FIGURE 21 ISOBUTYRIC ACID MARKET: PORTER'S FIVE FORCES ANALYSIS
          TABLE 7 ISOBUTYRIC ACID MARKET: PORTER'S FIVE FORCES ANALYSIS
           6.4.1 BARGAINING POWER OF SUPPLIERS
           6.4.2 THREAT OF SUBSTITUTES
           6.4.3 BARGAINING POWER OF BUYERS
           6.4.4 THREAT OF NEW ENTRANTS
           6.4.5 INTENSITY OF COMPETITIVE RIVALRY
    6.5 CASE STUDY ANALYSIS 
           6.5.1 AGILE BIOFOUNDRY ASSISTS LYGOS, INC. TO SCALE UP PRODUCTION
    6.6 TECHNOLOGY ANALYSIS 
           6.6.1 INTRODUCTION
                    6.6.1.1 Koch synthesis
                    6.6.1.2 Liquid-phase oxidation of isobutyraldehyde
                    6.6.1.3 Biosynthesis
    6.7 KEY STAKEHOLDERS AND BUYING CRITERIA 
           6.7.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 22 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES
                    TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USES (%)
           6.7.2 BUYING CRITERIA
                    FIGURE 23 KEY BUYING CRITERIA FOR TOP THREE END USES
                    TABLE 9 KEY BUYING CRITERIA FOR TOP THREE END USES
    6.8 TARIFF AND REGULATORY LANDSCAPE 
          TABLE 10 REGULATIONS AND STANDARDS RELATED TO ISOBUTYRIC ACID MARKET
           6.8.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 14 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    6.9 PATENT ANALYSIS 
           6.9.1 INTRODUCTION
           6.9.2 METHODOLOGY
           6.9.3 DOCUMENT TYPE
                    FIGURE 24 NUMBER OF GRANTED PATENTS, PATENT APPLICATIONS, AND LIMITED PATENTS
                    FIGURE 25 PUBLICATION TRENDS: LAST 10 YEARS
           6.9.4 INSIGHTS
                    FIGURE 26 LEGAL STATUS OF PATENTS
           6.9.5 JURISDICTION ANALYSIS
                    FIGURE 27 TOP JURISDICTION, BY DOCUMENT
           6.9.6 TOP COMPANIES/APPLICANTS
                    FIGURE 28 COMPANIES/APPLICANTS WITH HIGHEST NUMBER OF PATENTS
                    TABLE 15 PATENTS: EASTMAN CHEMICAL COMPANY
                    TABLE 16 PATENTS: DOW AGROSCIENCES LLC
                    TABLE 17 TOP 10 PATENT OWNERS DURING LAST 10 YEARS
    6.10 KEY CONFERENCES & EVENTS, 2023–2024 
           TABLE 18 ISOBUTYRIC ACID MARKET: CONFERENCES & EVENTS
    6.11 PRICING ANALYSIS 
           6.11.1 AVERAGE SELLING PRICE, BY REGION
                     FIGURE 29 AVERAGE SELLING PRICE OF ISOBUTYRIC ACID, BY TYPE, IN DIFFERENT REGIONS
           6.11.2 AVERAGE SELLING PRICE OF KEY PLAYERS, BY END USE
                     FIGURE 30 AVERAGE SELLING PRICES OF KEY PLAYERS FOR TOP THREE END USES
    6.12 TRADE DATA 
           TABLE 19 IMPORT DATA FOR ISOBUTYRIC ACID, 2021
           TABLE 20 EXPORT DATA FOR ISOBUTYRIC ACID, 2021
 
7 ISOBUTYRIC ACID MARKET, BY GRADE (Page No. - 75)
    7.1 INTRODUCTION 
    7.2 REAGENT GRADE 
           7.2.1 GROWING USE IN LAB ENVIRONMENTS TO FUEL MARKET
    7.3 INDUSTRIAL GRADE 
           7.3.1 WIDESPREAD USE IN INDUSTRIAL APPLICATIONS TO DRIVE DEMAND
 
8 ISOBUTYRIC ACID MARKET, BY PURITY (Page No. - 76)
    8.1 INTRODUCTION 
    8.2 MORE THAN 98% 
           8.2.1 HIGH DEMAND FROM PHARMACEUTICAL INDUSTRY TO FUEL GROWTH
    8.3 LESS THAN 98% 
           8.3.1 INCREASING USE IN INDUSTRIAL CLEANING ACTIVITIES TO PROPEL GROWTH
 
9 ISOBUTYRIC ACID MARKET, BY TYPE (Page No. - 77)
    9.1 INTRODUCTION 
          FIGURE 31 SYNTHETIC ISOBUTYRIC ACID SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
          TABLE 21 ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
          TABLE 22 ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
          TABLE 23 ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
          TABLE 24 ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
    9.2 SYNTHETIC ISOBUTYRIC ACID 
           9.2.1 LOW MANUFACTURING COST TO DRIVE DEMAND
    9.3 RENEWABLE ISOBUTYRIC ACID 
           9.3.1 RISING INTEREST IN ORGANIC AND NATURAL PRODUCTS TO BOOST MARKET
 
10 ISOBUTYRIC ACID MARKET, BY END USE (Page No. - 80)
     10.1 INTRODUCTION 
             FIGURE 32 ANIMAL FEED PROJECTED TO BE LARGEST SEGMENT DURING FORECAST PERIOD
             TABLE 25 ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)
             TABLE 26 ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)
             TABLE 27 ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)
             TABLE 28 ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)
     10.2 ANIMAL FEED 
             10.2.1 GROWING USE AS FEED SUPPLEMENT TO DRIVE MARKET
     10.3 CHEMICAL INTERMEDIATES 
             10.3.1 WIDESPREAD USE OF ISOBUTYRIC ACID ESTERS TO PROPEL DEMAND
     10.4 FOOD & FLAVORS 
             10.4.1 INCREASING CONSUMPTION OF PROCESSED FOOD & BEVERAGES TO FUEL MARKET
     10.5 PHARMACEUTICALS 
             10.5.1 POTENTIAL USE IN DISEASE TREATMENT TO DRIVE MARKET
     10.6 OTHERS 
 
11 ISOBUTYRIC ACID MARKET, BY REGION (Page No. - 85)
     11.1 INTRODUCTION 
             FIGURE 33 ASIA PACIFIC TO DOMINATE MARKET DURING FORECAST PERIOD
             TABLE 29 ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (KILOTONS)
             TABLE 30 ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (KILOTONS)
             TABLE 31 ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
             TABLE 32 ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (USD MILLION)
     11.2 ASIA PACIFIC 
             11.2.1 IMPACT OF RECESSION
                        FIGURE 34 ASIA PACIFIC: ISOBUTYRIC ACID MARKET SNAPSHOT
                        TABLE 33 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                        TABLE 34 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                        TABLE 35 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                        TABLE 36 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 37 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)
                        TABLE 38 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)
                        TABLE 39 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)
                        TABLE 40 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)
                        TABLE 41 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (KILOTONS)
                        TABLE 42 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (KILOTONS)
                        TABLE 43 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 44 ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
             11.2.2 CHINA
                        11.2.2.1 Increasing demand from animal feed industry to drive market
                                      TABLE 45 CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 46 CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 47 CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 48 CHINA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.2.3 INDIA
                        11.2.3.1 Growing consumer awareness and demand for environment-friendly products to boost market
                                      TABLE 49 INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 50 INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 51 INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 52 INDIA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.2.4 JAPAN
                        11.2.4.1 Rising consumption of packaged food to drive market
                                      TABLE 53 JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 54 JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 55 JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 56 JAPAN: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.2.5 SOUTH KOREA
                        11.2.5.1 Growing food and petrochemical sectors to boost demand
                                      TABLE 57 SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 58 SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 59 SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 60 SOUTH KOREA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.2.6 REST OF ASIA PACIFIC
                        TABLE 61 REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                        TABLE 62 REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                        TABLE 63 REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                        TABLE 64 REST OF ASIA PACIFIC: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
     11.3 EUROPE 
             11.3.1 IMPACT OF RECESSION
                        FIGURE 35 EUROPE: ISOBUTYRIC ACID MARKET SNAPSHOT
                        TABLE 65 EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                        TABLE 66 EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                        TABLE 67 EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                        TABLE 68 EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 69 EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)
                        TABLE 70 EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)
                        TABLE 71 EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)
                        TABLE 72 EUROPE: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)
                        TABLE 73 EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (KILOTONS)
                        TABLE 74 EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (KILOTONS)
                        TABLE 75 EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 76 EUROPE: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
             11.3.2 GERMANY
                        11.3.2.1 Increased pharmaceutical R&D spending to drive market
                                      TABLE 77 GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 78 GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 79 GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 80 GERMANY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.3.3 FRANCE
                        11.3.3.1 Growing demand for poultry products to boost market
                                      TABLE 81 FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 82 FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 83 FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 84 FRANCE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.3.4 ITALY
                        11.3.4.1 Increasing consumption of consumer-ready food to drive market
                                      TABLE 85 ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 86 ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 87 ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 88 ITALY: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.3.5 UK
                        11.3.5.1 Booming pharmaceutical sector to fuel market
                                      TABLE 89 UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 90 UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 91 UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 92 UK: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.3.6 REST OF EUROPE
                        TABLE 93 REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                        TABLE 94 REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                        TABLE 95 REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                        TABLE 96 REST OF EUROPE: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
     11.4 NORTH AMERICA 
             11.4.1 IMPACT OF RECESSION
                        FIGURE 36 NORTH AMERICA: ISOBUTYRIC ACID MARKET SNAPSHOT
                        TABLE 97 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                        TABLE 98 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                        TABLE 99 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                        TABLE 100 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 101 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)
                        TABLE 102 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)
                        TABLE 103 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)
                        TABLE 104 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)
                        TABLE 105 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (KILOTONS)
                        TABLE 106 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (KILOTONS)
                        TABLE 107 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2018–2020 (USD MILLION)
                        TABLE 108 NORTH AMERICA: ISOBUTYRIC ACID MARKET, BY COUNTRY, 2021–2028 (USD MILLION)
             11.4.2 US
                        11.4.2.1 Growth of feed industry to boost consumption of isobutyric acid
                                      TABLE 109 US: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 110 US: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 111 US: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 112 US: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.4.3 CANADA
                        11.4.3.1 Growth in pharmaceutical sector to drive market
                                      TABLE 113 CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 114 CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 115 CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 116 CANADA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.4.4 MEXICO
                        11.4.4.1 Rising demand for processed foods to fuel market
                                      TABLE 117 MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 118 MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 119 MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 120 MEXICO: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
     11.5 REST OF THE WORLD 
             11.5.1 IMPACT OF RECESSION
                        TABLE 121 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                        TABLE 122 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                        TABLE 123 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                        TABLE 124 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
                        TABLE 125 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)
                        TABLE 126 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (KILOTONS)
                        TABLE 127 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)
                        TABLE 128 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY END USE, 2021–2028 (USD MILLION)
                        TABLE 129 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (KILOTONS)
                        TABLE 130 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (KILOTONS)
                        TABLE 131 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2018–2020 (USD MILLION)
                        TABLE 132 REST OF THE WORLD: ISOBUTYRIC ACID MARKET, BY REGION, 2021–2028 (USD MILLION)
             11.5.2 MIDDLE EAST & AFRICA
                        11.5.2.1 Increasing demand due to expansion of food & flavor sector
                                      TABLE 133 MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 134 MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 135 MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 136 MIDDLE EAST & AFRICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
             11.5.3 SOUTH AMERICA
                        11.5.3.1 Growth in animal feed industry to propel demand
                                      TABLE 137 SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                                      TABLE 138 SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (KILOTONS)
                                      TABLE 139 SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                                      TABLE 140 SOUTH AMERICA: ISOBUTYRIC ACID MARKET, BY TYPE, 2021–2028 (USD MILLION)
 
12 COMPETITIVE LANDSCAPE (Page No. - 125)
     12.1 INTRODUCTION 
     12.2 STRATEGIES ADOPTED BY KEY PLAYERS 
             12.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY MANUFACTURERS
     12.3 MARKET SHARE ANALYSIS 
             12.3.1 RANKING OF KEY MARKET PLAYERS, 2022
                        FIGURE 37 TOP FIVE PLAYERS IN ISOBUTYRIC ACID MARKET, 2022
             12.3.2 MARKET SHARE OF KEY PLAYERS
                        FIGURE 38 ISOBUTYRIC ACID MARKET SHARE ANALYSIS
                        TABLE 141 ISOBUTYRIC ACID MARKET: DEGREE OF COMPETITION
                        12.3.2.1 OQ Chemicals GmbH
                        12.3.2.2 Eastman Chemical Company
                        12.3.2.3 Tokyo Chemical Industry Co., Ltd.
                        12.3.2.4 Snowco
                        12.3.2.5 Shanghai Aladdin Biochemical Technology Co., Ltd.
             12.3.3 REVENUE ANALYSIS OF TOP 5 PLAYERS
                        FIGURE 39 REVENUE ANALYSIS OF KEY COMPANIES, 2018–2022
     12.4 COMPANY PRODUCT FOOTPRINT ANALYSIS 
             FIGURE 40 ISOBUTYRIC ACID MARKET: COMPANY FOOTPRINT
             TABLE 142 ISOBUTYRIC ACID MARKET: TYPE FOOTPRINT
             TABLE 143 ISOBUTYRIC ACID MARKET: END USE FOOTPRINT
             TABLE 144 ISOBUTYRIC ACID MARKET: COMPANY REGION FOOTPRINT
     12.5 COMPANY EVALUATION QUADRANT (TIER 1) 
             12.5.1 STARS
             12.5.2 EMERGING LEADERS
             12.5.3 PERVASIVE PLAYERS
             12.5.4 PARTICIPANTS
                        FIGURE 41 COMPANY EVALUATION QUADRANT: ISOBUTYRIC ACID MARKET (TIER 1 COMPANIES)
     12.6 COMPETITIVE BENCHMARKING 
             TABLE 145 ISOBUTYRIC ACID MARKET: KEY START-UPS/SMES
             TABLE 146 ISOBUTYRIC ACID MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES
     12.7 START-UP/SME EVALUATION QUADRANT 
             12.7.1 PROGRESSIVE COMPANIES
             12.7.2 RESPONSIVE COMPANIES
             12.7.3 DYNAMIC COMPANIES
             12.7.4 STARTING BLOCKS
                        FIGURE 42 START-UP/SME EVALUATION QUADRANT: ISOBUTYRIC ACID MARKET
     12.8 COMPETITIVE SCENARIO 
             12.8.1 DEALS
                        TABLE 147 ISOBUTYRIC ACID MARKET: DEALS, 2019–2023
             12.8.2 OTHER DEVELOPMENTS
                        TABLE 148 ISOBUTYRIC ACID MARKET: EXPANSIONS AND INVESTMENTS, 2019–2023
 
13 COMPANY PROFILES (Page No. - 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 
             13.1.1 OQ CHEMICALS GMBH
                        TABLE 149 OQ CHEMICALS GMBH: COMPANY OVERVIEW
                        FIGURE 43 OQ CHEMICALS GMBH: COMPANY SNAPSHOT
                        TABLE 150 OQ CHEMICALS GMBH: PRODUCTS OFFERED
                        TABLE 151 OQ CHEMICALS GMBH: DEALS
                        TABLE 152 OQ CHEMICALS GMBH: OTHERS
             13.1.2 EASTMAN CHEMICAL COMPANY
                        TABLE 153 EASTMAN CHEMICAL COMPANY: COMPANY OVERVIEW
                        FIGURE 44 EASTMAN CHEMICAL COMPANY: COMPANY SNAPSHOT
                        TABLE 154 EASTMAN CHEMICAL COMPANY: PRODUCTS OFFERED
                        TABLE 155 EASTMAN CHEMICAL COMPANY: DEALS
             13.1.3 TOKYO CHEMICAL INDUSTRY CO., LTD.
                        TABLE 156 TOKYO CHEMICAL INDUSTRY CO., LTD.: COMPANY OVERVIEW
                        TABLE 157 TOKYO CHEMICAL INDUSTRY CO., LTD: PRODUCTS OFFERED
             13.1.4 SNOWCO
                        TABLE 158 SNOWCO: COMPANY OVERVIEW
                        TABLE 159 SNOWCO: PRODUCTS OFFERED
                        TABLE 160 SNOWCO: OTHERS
             13.1.5 SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.
                        TABLE 161 SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
                        FIGURE 45 SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT
                        TABLE 162 SHANGHAI ALADDIN BIOCHEMICAL TECHNOLOGY CO., LTD.: PRODUCTS OFFERED
             13.1.6 AFYREN
                        TABLE 163 AFYREN: COMPANY OVERVIEW
                        FIGURE 46 AFYREN: COMPANY SNAPSHOT
                        TABLE 164 AFYREN: PRODUCTS OFFERED
                        TABLE 165 AFYREN: DEALS
                        TABLE 166 AFYREN: OTHERS
             13.1.7 LYGOS, INC.
                        TABLE 167 LYGOS, INC.: COMPANY OVERVIEW
                        TABLE 168 LYGOS, INC.: PRODUCTS OFFERED
                        TABLE 169 LYGOS, INC.: DEALS
                        TABLE 170 LYGOS, INC.: OTHERS
             13.1.8 DOW INC.
                        TABLE 171 DOW INC.: COMPANY OVERVIEW
                        FIGURE 47 DOW INC.: COMPANY SNAPSHOT
                        TABLE 172 DOW INC.: PRODUCTS OFFERED
             13.1.9 JIANGSU DYNAMIC CHEMICAL CO., LTD.
                        TABLE 173 JIANGSU DYNAMIC CHEMICAL CO., LTD.: COMPANY OVERVIEW
                        TABLE 174 JIANGSU DYNAMIC CHEMICAL CO., LTD.: PRODUCTS OFFERED
             13.1.10 WEIFANG QIYI CHEMICAL CO., LTD.
                        TABLE 175 WEIFANG QIYI CHEMICAL CO., LTD.: COMPANY OVERVIEW
                        TABLE 176 WEIFANG QIYI CHEMICAL CO., LTD.: PRODUCTS OFFERED
             13.1.11 YUFENG INTERNATIONAL GROUP CO., LTD.
                        TABLE 177 YUFENG INTERNATIONAL GROUP CO., LTD.: COMPANY OVERVIEW
                        TABLE 178 YUFENG INTERNATIONAL GROUP CO., LTD.: PRODUCTS OFFERED
             13.1.12 NANJING CHEMICAL MATERIAL CORP.
                        TABLE 179 NANJING CHEMICAL MATERIAL CORP.: COMPANY OVERVIEW
                        TABLE 180 NANJING CHEMICAL MATERIAL CORP.: PRODUCTS OFFERED
             13.1.13 FUJIFILM WAKO PURE CHEMICAL CORPORATION
                        TABLE 181 FUJIFILM WAKO PURE CHEMICAL CORPORATION: COMPANY OVERVIEW
                        TABLE 182 FUJIFILM WAKO PURE CHEMICAL CORPORATION: PRODUCTS OFFERED
             13.1.14 HUBEI JUSHENG TECHNOLOGY CO., LTD.
                        TABLE 183 HUBEI JUSHENG TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
                        TABLE 184 HUBEI JUSHENG TECHNOLOGY CO., LTD.: PRODUCTS OFFERED
     13.2 OTHER PLAYERS 
             13.2.1 YANCHENG CITY CHUNZHU AROMA CO., LTD.
                        TABLE 185 YANCHENG CITY CHUNZHU AROMA CO., LTD.: COMPANY OVERVIEW
             13.2.2 WEN INTERNATIONAL, INC.
                        TABLE 186 WEN INTERNATIONAL, INC.: COMPANY OVERVIEW
             13.2.3 CENTRAL DRUG HOUSE
                        TABLE 187 CENTRAL DRUG HOUSE: COMPANY OVERVIEW
             13.2.4 KUNSHAN ODOWELL CO., LTD
                        TABLE 188 KUNSHAN ODOWELL CO., LTD: COMPANY OVERVIEW
             13.2.5 SISCO RESEARCH LABORATORIES PVT. LTD.
                        TABLE 189 SISCO RESEARCH LABORATORIES PVT. LTD.: COMPANY OVERVIEW
*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 (Page No. - 175)
     14.1 INTRODUCTION 
     14.2 LIMITATIONS 
     14.3 BUTYRIC ACID MARKET 
             14.3.1 MARKET DEFINITION
             14.3.2 MARKET OVERVIEW
             14.3.3 BUTYRIC ACID MARKET, BY TYPE
                        TABLE 190 BUTYRIC ACID MARKET, BY TYPE, 2018–2020 (USD MILLION)
                        TABLE 191 BUTYRIC ACID MARKET, BY TYPE, 2021–2027 (USD MILLION)
                        TABLE 192 BUTYRIC ACID MARKET, BY TYPE, 2018–2020 (KILOTONS)
                        TABLE 193 BUTYRIC ACID MARKET, BY TYPE, 2021–2027 (KILOTONS)
                        TABLE 194 BUTYRIC ACID MARKET, BY END USE, 2018–2020 (USD MILLION)
                        TABLE 195 BUTYRIC ACID MARKET, BY END USE, 2021–2027 (USD MILLION)
                        TABLE 196 BUTYRIC ACID MARKET, BY END USE, 2018–2020 (KILOTONS)
                        TABLE 197 BUTYRIC ACID MARKET, BY END USE, 2021–2027 (KILOTONS)
 
15 APPENDIX (Page No. - 179)
     15.1 DISCUSSION GUIDE 
     15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 
     15.3 CUSTOMIZATION OPTIONS 
     15.4 RELATED REPORTS 
     15.1 AUTHORS DETAILS 

The study involved four major activities in estimating the current market size of isobutyric acid. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizes with industry experts across the value chain of isobutyric acid through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation were used to estimate the size of the segments and sub-segments of the market.

Secondary Research

The research methodology used to estimate and forecast the access control market begins with capturing data on revenues of key vendors in the market through secondary research. In the secondary research process, various secondary sources, such as Hoovers, Bloomberg BusinessWeek, Factiva, World Bank, and Industry Journals, were referred to for identifying and collecting information for this study. These secondary sources included annual reports, press releases & investor presentations of companies; white papers; certified publications; articles by recognized authors; notifications by regulatory bodies; trade directories; and databases. Vendor offerings have also been taken into consideration to determine market segmentation.

Primary Research

The Isobutyric Acid Industry comprises several stakeholders, such as raw material suppliers, isobutyric acid manufacturers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Primary sources from the supply side included industry experts such as Chief Executive Officers (CEOs), vice presidents, marketing directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the isobutyric acid market. Primary sources from the demand side included directors, marketing heads, and purchase managers from various sourcing industries.

Following is the breakdown of the primary respondents:

Isobutyric Acid Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the isobutyric acid market. These methods were also used extensively to determine the size of various sub-segments in the market. The research methodology used to estimate the market size included the following:

  • The key players were identified through extensive primary and secondary research.
  • The value chain and market size of the isobutyric acid market, in terms of value, were determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.
  • The research included the study of reports, reviews, and newsletters of top market players, along with extensive interviews for opinions from key leaders, such as CEOs, directors, and marketing executives.

Global Isobutyric Acid Market Size: Bottom-Up Approach

Isobutyric Acid Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Global Isobutyric Acid Market Size: Top-Down Approach

Isobutyric Acid Market Size, and Share

Data Triangulation

After arriving at the overall market size using the market size estimation processes as explained above, the market was split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides in the isobutyric acid sources.

Market definition

According to Afyren, a global biotech company, isobutyric acid is an isomer of butyric acid, consisting of four-carbon saturated monocarboxylic acid. Isobutyric acid is a branched fatty acid and has the appearance of a colorless liquid with a faint unpleasant butter odor. Isobutyric acid esters are utilized as solvents in a variety of applications where flavor and aroma quality is crucial. Isobutyric acid is available in two grades, namely reagent grade and industrial grade and can be used as a flavoring agent, feed additive, chemical intermediate or as a raw material in the synthesis of certain Active Pharmaceutical Ingredients (APIs).

Key Stakeholders

  • Manufacturers of isobutyric acids
  • Manufacturers in end-use industries
  • Traders, distributors, and suppliers of isobutyric acids
  • Regional manufacturers and chemical associations
  • Contract manufacturing organizations (CMOs)
  • Market research and consulting firms
  • NGOs, governments, investment banks, venture capitalists, and private equity firms
  • Environmental support agencies

Report Objectives:

  • To analyze and forecast the market size of isobutyric acid in terms of value and volume.
  • To provide detailed information regarding the major factors (drivers, restraints, challenges, and opportunities) influencing the regional market
  • To analyze and forecast the global isobutyric acid market on the basis of type, end-use and region.
  • To analyze the opportunities in the market for stakeholders and provide details of a competitive landscape for market leaders.
  • To strategically analyze the micromarkets with respect to individual growth trends, growth prospects, and their contribution to the overall market
  • To forecast the size of various market segments based on four major regions: North America, Europe, Asia Pacific, and Rest of the World (RoW), and along with their respective key countries.
  • To track and analyze competitive developments, such as mergers, investments, acquisitions, expansions, partnerships, contracts, agreements, and joint ventures, in the market.
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies.

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the client-specific needs.

The following customization options are available for the report:

  • Additional country-level analysis of the isobutyric acid market
  • Profiling of additional market players (up to 5)

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company.
Custom Market Research Services

We will customize the research for you, in case the report listed above does not meet with your exact requirements. Our custom research will comprehensively cover the business information you require to help you arrive at strategic and profitable business decisions.

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Report Code
CH 8670
Published ON
May, 2023
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