Global Butyric Acid Market to Grow at a CAGR of 12.27% During 2016-2020: MarketResearchReports.biz

MarketResearchReports.biz has recently announced the addition of a market study “Global Butyric Acid Market 2016-2020”, is a comparative analysis of the global market.

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Albany, NY -- (SBWire) -- 10/03/2016 --About Butyric Acid

Butyric acid is a 4-carbon oxychemical. It is a carboxylic acid, which is oily and colorless, and occurs in many dairy products like milk, cheese, and butter. Butyric acid has esters and salts known as butanoates and butyrates. It exhibits an unpleasant smell and also has an acrid taste. It is used in stink bombs for its pungent smell. Some of its derivative chemicals and esters are sweet smelling. The characteristics of the odor depend on precise chemical compositions of the derivatives and esters.

Technavios analysts forecast the global butyric acid market to grow at a CAGR of 12.27% during the period 2016-2020.

View Full Report at http://www.marketresearchreports.biz/analysis/825404

Covered in this report

The report covers the present scenario and the growth prospects of the global butyric acid market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of butyric acid in several industries, including the animal feed, chemical intermediate, and food and flavor industries during 2015.

The market is divided into the following segments based on geography:

APAC
Europe
North America
ROW

Technavio's report, Global Butyric Acid Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
Blue Marble Biomaterials
Eastman
Thermo Fisher
OXEA
Perstorp

Other prominent vendors
Tokyo Chemical Industry
Beijing Huamaoyuan Fragrance Flavor
Snowco
Alfa Aesar
Sigma-Aldrich

Market driver
Rising demand from end-user industries
For a full, detailed list, view our report

Market challenge
Higher production cost for renewable butyric acid
For a full, detailed list, view our report

Market trend
Advanced fermentation approaches for butyric acid synthesis
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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View this press release online at: http://rwire.com/728966