Natural Butyl Butyrate Market Size, Share & Industry Analysis, By Grade (Superior Grade, First Grade, Qualified Grade, Others), By Application (Paints & Coatings Industry, Chemical Industry, Food & Beverage Industry, Pharmaceutical Industry, Cosmetic Industry, Others) And Regional Forecast, 2024-2032
KEY INDUSTRY INSIGHTS
Natural butyl butyrate is found in various fruits such as banana, melon, plum, cherry. It is also present in cider, gruyere de comte cheese, and soybean. It appears as a colorless to pale yellow liquid with a scent of pear-pineapple. It is insoluble in water, soluble in most organic solvents, and miscible with ethanol, diethyl ether, and propylene glycol. The natural butyl butyrate has the chemical formula of C8H16O2 and also known as butanoic acid, butyl ester, butyl butyrate, and butyl butanoate. The natural butyl butyrate finds its use in the paints & coatings industry, chemical industry, pharmaceutical industry, and cosmetic industry.
The rising demand for natural butyl butyrate in the cosmetic and food & beverage industry will fuel market growth. In the cosmetic industry, the product is used as a natural flavoring substance, which is further utilized in perfumer products. Whereas, in the food & beverage industry the natural butyl butyrate is highly found in alcohol. Also, it is added as a flavor in various food products. The rising demand for perfumes coupled with enhancement in the food additives will contribute to a surge in the product demand. Hence, the rising demand will fuel the natural butyl butyrate market growth during the forecast timeline.
However, the unavailability of natural butyl butyrate impacts its overall demand. Due to that, it also raises the demand for chemical-based butyl butyrate. Hence, this іѕ anticipated hindering the market growth.
Key Market Driver -
The rising demand for natural butyl butyrate in cosmetic and food & beverage industry will help to surge the product demand.
Key Market Restraint -
Unavailability of natural butyl butyrate to restrict the market growth
Market Segmentation:
Based on grade, the natural butyl butyrate market is segmented into superior grade, first grade, qualified grade, and others. Based on application, the market is segmented into paints & coatings industry, chemical industry, food & beverage industry, pharmaceutical industry, cosmetic industry, and others. From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Key Players Covered:
The key players in the natural butyl butyrate market include The Good Scents Company (tgsc) ™, Sigma-Aldrich International GmbH, ECHA, PubChem®, Advanced Biotech, LLUCH ESSENCE, S.L., Vigon International, Inc, AUROCHEMICALS, Parchem fine & specialty chemicals., WEN International, Inc., UL, Ernesto Ventós, S.A., and Elsevier Inc.
Key Insights
- Key Emerging Trends – For Major Countries
- Key Developments: Mergers, Acquisition, Partnership, etc.
- Latest Technological Advancement
- Insights on Regulatory Scenarios
- Porters Five Forces Analysis
Regional Analysis:
Asia Pacific is anticipated to witness sustainable growth in the natural butyl butyrate market. The growth is attributed to the rising adoption of the product in the chemical industry. The increasing adoption of superior grades in the food & beverages and cosmetics industry will fuel market growth in North America. In Europe, the growth is due to the higher adoption of the qualified grade in the pharmaceutical industry. The Middle East & Africa is anticipated to witness significant growth, owing to the adoption of the product in the paints & coatings industry.
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Segmentation
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- Ongoing
- 2023
- 2019-2022
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