BUTYRIC ACID MARKET ANALYSIS

Regional Analysis

Asia Pacific is expected to emerge as the largest market for butyric acid owing to the rapidly expanding pharmaceutical and agriculture sectors, where butyric acid animal feed application. Agro-based economies such as India are estimated to account for a significant market share during the forecast period. Additionally, presence of several key players in the region coupled with rapidly expanding end use industries is expected to facilitate growth of the Asia Pacific butyric acid market. Stringent regulations by environmental agencies in North America and Europe regarding the use of antibiotics in animal feed will facilitate demand for butyric acid in biofuel production in the regions.