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Global 2-Methylbutanoic Acid Market: By Type: 99% 2-Methylbutanoic Acid, 98% 2-Methylbutanoic Acid, Others; By Application: Food Ingredients, Essence; By Sales Channel; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global 2-Methylbutanoic Acid Market Outlook

The global 2-methylbutanoic acid market is expected to grow in the forecast period of 2023-2028 at a CAGR of 5.6%.

 

Global 2-Methylbutanoic Acid Market

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The 98% 2-Methylbutanoic Acid Segment Holds a Significant Share in the Global 2-Methylbutanoic Acid Industry

The 98% 2-methylbutanoic acid segment, based on type, accounts for a significant share in the market and is estimated to witness a steady growth in the forecast period. 98% 2-methylbutanoic acid is a crucial additive in food products, such as butter, cream, and cheese flavour, among others, thereby bolstering the market growth. As the chemical is highly soluble in organic solvents such as chloroform and methanol, its demand is surging and aiding the industry’s expansion. Over the forecast period, the rising utilisation of chloroform in building, paper and board, pesticide and film production and the rubber industry is likely to propel the market growth.

 

The Asia Pacific Accounts for a Significant Share in the Market for 2-Methylbutanoic Acid

The market for 2-methylbutanoic acid in the Asia Pacific is being driven by the growing expansion of the various end-use industries of 2-methylbutanoic acid, such as essence, pharmaceutical, and food and beverage, among others. The essence sector in countries like India and China is likely to witness a significant growth in the forecast period owing to the rising standards of living, increasing purchasing power, and the growing competition and aggressive promotion by major deodorant manufacturing companies. Furthermore, the rapid urbanisation and modernisation of the infrastructure in the region are likely to propel the demand for construction materials, which is projected to increase the demand for 2-methylbutanoic acid. Hence, such factors are expected to invigorate the industry growth in the forecast period.

 

2-Methylbutanoic Acid: Market Segmentation

2-methylbutanoic acid, variously known as 2-methylbutyric acid, is defined as a compound that comes under the category of methylbutyric acid and comprises of butyric acid core carrying a 2-methyl substituent. This compound is produced from amino acid leucine at the time of natural starvation of bacteria. It finds applications in major industries like food and beverages and construction, among others.

 

Global 2-Methylbutanoic Acid Market Segment

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Based on type, the market can be segmented into:

  • 99% 2-Methylbutanoic Acid
  • 98% 2-Methylbutanoic Acid
  • Others

The major applications of 2-methylbutanoic acid in the market include:

  • Food Ingredients
  • Essence

The segmentation of market, on the basis of sales channel, includes:

  • Manufacturer/Distributor/Service Provider
  • Aftermarket

The EMR report looks into the regional markets of 2-methylbutanoic acid like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global 2-Methylbutanoic Acid Market Region

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Rising Applications of 2-Methylbutanoic Acid in the Food Industry to Boost the Market Growth

As 2-methylbutanoic acid is utilised as an ingredient and food additive, it is a crucial compound in the food industry, hence augmenting the market growth. 2-methylbutanoic acid is an excellent flavouring agent owing to its fruity, pervasive, and cheesy, properties, due to which it is extensively used in processed food. The chemical is also a crucial ingredient in butter, cream, cheese, and other dairy products. Hence, the significant growth attained by the food industry and the growing popularity of dairy products is likely to drive the market growth. Moreover, 2-methylbutanoic acid is beneficial for patients undergoing haemodialysis, which is anticipated to provide impetus to the growth of the market in the forecast period.

 

Key Industry Players in the Global 2-Methylbutanoic Acid Market

The report gives a detailed analysis of the following key players in the global 2-methylbutanoic acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Ube Industries, Ltd.
  • Chemwill Asia Co, Ltd.
  • Dayang chem (Hangzhou) Co., Ltd.
  • Best Value Chem Pvt Ltd.
  • Yancheng Hongtai Bioengineering Co., Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Sales Channel, Region
Breakup by Type 99% 2-Methylbutanoic Acid, 98% 2-Methylbutanoic Acid, Others
Breakup by Application Food Ingredients, Essence
Breakup by Sales Channel Manufacturer/Distributor/Service Provider, Aftermarket
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Ube Industries, Ltd., Chemwill Asia Co, Ltd., Dayang chem (Hangzhou) Co., Ltd., Best Value Chem Pvt Ltd., Yancheng Hongtai Bioengineering Co., Ltd., Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global 2-Methylbutanoic Acid Market Analysis

    8.1    Key Industry Highlights
    8.2    Global 2-Methylbutanoic Acid Historical Market (2018-2022) 
    8.3    Global 2-Methylbutanoic Acid Market Forecast (2023-2028)
    8.4    Global 2-Methylbutanoic Acid Market by Type
        8.4.1    99% 2-Methylbutanoic Acid
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    98% 2-Methylbutanoic Acid
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Others
    8.5    Global 2-Methylbutanoic Acid Market by Application
        8.5.1    Food Ingredients
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Essence
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
    8.6    Global 2-Methylbutanoic Acid Market by Sales Channel
        8.6.1    Manufacturer/Distributor/Service Provider
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Aftermarket
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)    
    8.7    Global 2-Methylbutanoic Acid Market by Region
        8.7.1    North America
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2018-2022) 
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Europe
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022) 
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Asia Pacific
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022) 
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Latin America
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022) 
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Middle East and Africa
            8.7.5.1    Market Share
            8.7.5.2    Historical Trend (2018-2022) 
            8.7.5.3    Forecast Trend (2023-2028)
9    North America 2-Methylbutanoic Acid Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe 2- Methylbutanoic Acid Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific 2-Methylbutanoic Acid Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America 2-Methylbutanoic Acid Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa 2-Methylbutanoic Acid Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1    Ube Industries, Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Chemwill Asia Co, Ltd.
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Dayang chem (Hangzhou) Co., Ltd.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Best Value Chem Pvt Ltd.
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Yancheng Hongtai Bioengineering Co., Ltd.
            16.2.5.1    Company Overview
            16.2.5.2    Product Portfolio
            16.2.5.3    Demographic Reach and Achievements
            16.2.5.4    Certifications
        16.2.6    Others
17    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global 2-Methylbutanoic Acid Market: Key Industry Highlights, 2018 and 2028
2.    Global 2-Methylbutanoic Acid Historical Market: Breakup by Type (USD Billion), 2018-2022
3.    Global 2-Methylbutanoic Acid Market Forecast: Breakup by Type (USD Billion), 2023-2028
4.    Global 2-Methylbutanoic Acid Historical Market: Breakup by Application (USD Billion), 2018-2022
5.    Global 2-Methylbutanoic Acid Market Forecast: Breakup by Application (USD Billion), 2023-2028
6.    Global 2-Methylbutanoic Acid Historical Market: Breakup by Sales Channel (USD Billion), 2018-2022
7.    Global 2-Methylbutanoic Acid Market Forecast: Breakup by Sales Channel (USD Billion), 2023-2028
8.    Global 2-Methylbutanoic Acid Historical Market: Breakup by Region (USD Billion), 2018-2022
9.    Global 2-Methylbutanoic Acid Market Forecast: Breakup by Region (USD Billion), 2023-2028
10.    North America 2-Methylbutanoic Acid Historical Market: Breakup by Country (USD Billion), 2018-2022
11.    North America 2-Methylbutanoic Acid Market Forecast: Breakup by Country (USD Billion), 2023-2028
12.    Europe 2-Methylbutanoic Acid Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    Europe 2-Methylbutanoic Acid Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Asia Pacific 2-Methylbutanoic Acid Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Asia Pacific 2-Methylbutanoic Acid Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Latin America 2-Methylbutanoic Acid Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Latin America 2-Methylbutanoic Acid Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Middle East and Africa 2-Methylbutanoic Acid Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Middle East and Africa 2-Methylbutanoic Acid Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Global 2-Methylbutanoic Acid Market Structure

Key Questions Answered in the Report

The global 2-methylbutanoic acid market is estimated to grow at a CAGR of 5.6% between 2023 and 2028.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major drivers of the market include the rising applications of 2-methylbutanoic acid in various end use industries and the increasing utilisation of chloroform.

The market is anticipated to be driven by the growing demand for 2-methylbutanoic acid from patients undergoing haemodialysis, the rising use of methylbutanoic acid as a flavouring agent, and the increasing demand for the acid in the food and beverage sector.

99% 2-Methylbutanoic acid and 98% 2-methylbutanoic acid, among others are the major types of the product.

Food ingredients and essence are the different applications of the product.

Aftermarket and manufacturer/distributor/service provider are the significant sales channels of 2-methylbutanoic acid.

The major players in the industry are Ube Industries, Ltd., Chemwill Asia Co, Ltd., Dayang chem (Hangzhou) Co., Ltd., Best Value Chem Pvt Ltd., and Yancheng Hongtai Bioengineering Co., Ltd., among others.

Analyst Review

The global 2-methylbutanoic acid market is driven by the rising applications of 2-methylbutanoic acid in the food industry. Aided by the growing demand for 2-methylbutanoic acid as flavouring agents, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.6%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the 2-methylbutanoic acid industry is divided into 99% 2-methylbutanoic acid and 98% 2-methylbutanoic acid, among others. On the basis of application, the market is bifurcated into food ingredients and essence. By sales channel, the market is divided into aftermarket and manufacturer/distributor/service provider. The major regional markets for 2-methylbutanoic acid are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ube Industries, Ltd., Chemwill Asia Co, Ltd., Dayang chem (Hangzhou) Co., Ltd., Best Value Chem Pvt Ltd., and Yancheng Hongtai Bioengineering Co., Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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