Butyric Acid Market 2022: Industry Growth, Analysis, Future Scope, Forecast 2027

1. Butyric Acid Market 2022: Industry Growth, Analysis, Future Scope and Forecast 2027 Fuel Cell Market size worth $25.5bn by 2024

2. KeyInsights from Butyric Acid Market: • As per a report by Global Markets Insights, Inc. the global butyric acid market size is slated to amass USD 405 million in value through 2027. • The butyric acid market has witnessed increasing rise in demand over recent times due to its key application in biofuel, pharmaceuticals, food additives and flavoring, cosmetics, animal feed, leather tanning, and plasticizer, among others. The market is also projected to draw growth from rising concerns about the environmental degradation.

3. Continued... • Increasing employment levels in both developed, as well as developing economies, over time, has led to a considerable change in lifestyle of both men and women. Busy schedules, along with the lack of time to prepare and eat healthy food alternatives, is shifting the attention of these consumers towards ready-to-eat packaged food products, creating ideal conditions for the industry to draw in revenue gains from the global F&B sector. • Increasing demand for aesthetic packaging solutions is one of the main factors supporting the use of butyric acid from plasticizer applications. Meanwhile, an increase in infrastructural development along with favorable government regulations will also steer the use of butyric acid in paints and coatings applications as solvent.

4. Browse key industry insights spread across 165 pages with 197 market data tables & figures from the report, “Butyric Acid Market” in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/butyric-acid-market Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3549

5. Continued... • Butyric acid finds extensive use in plasticizers due to the increasing demand for ready-to-eat and packaged food products. Butyric acid is used in plastic as a raw material for the cellulose acetate butyrate. With rising disposable income and the ensuing change in people’s food preferences and eating habits, processed food sales have growth exponentially across various nations. The use of the product as a food flavoring agent owing to its pleasant aroma makes it a widely accepted flavoring additive. • The rising purchasing power of the global population, coupled with a rapidly increasing awareness regarding personal grooming, has created ideal conditions that have boosted the demand for cosmetics across the globe. Most cosmetic products contain methyl butyrate as it is a concentrated aromatic and flavoring ingredient that are used in flavor and fragrance compounds.

6. Continued... • Europe is home to some of the world’s most advances healthcare infrastructures, which has made them ideal growth ground for pharmaceutical industries, evident from the plethora of global pharma companies calling Europe their home. These pharmaceutical companies, supported by favorable government policies, have been heavily investing in research and development efforts to manufacture advanced medication solutions, augmenting the use of butyric acid. • Additionally, an increasing demand for natural and less toxic chemicals across the region due to the rising government regulations has pushed many industry players towards butyric acid. The regional market is set to keep growing at a steady pace, fueled by increasing innovations, economic developments, and expansion of the chemical industry.

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