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Global Valeric Acid Market: By Application: API Intermediates, Flavours and Perfumes, Agricultural Chemical, Plasticiser, Food Additives, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Valeric Acid Market Outlook

The global valeric acid market is being driven by the growth of the cosmetics market, which is expected to grow at a CAGR of 5.3% in the forecast period of 2021-2026.

 

The Asia Pacific Region to Hold a Significant Market Share in the Valeric Acid Industry, Owing to the Rising Demand from the Food and Cosmetics Industries

Region-wise, the Asia Pacific region is expected to represent a large share of the market of valeric acid globally, with China holding a major share in demand. North America is also expected to account for a major share in the valeric acid industry. This can be attributed to the constant demand from the food and cosmetics industries. Further, Europe has witnessed an increase in the demand for valeric acid during the recent years. The laboratory, research, and development work has also witnessed a spurt in the consumption of valeric acid. In addition, the manufacturers are focusing on the extension of application areas for the product and identifying its use in various niche applications. Regions, such as the Middle East and Africa and Latin America, are expected to hold small shares in terms of volume consumption.

 

Valeric Acid: Industry Definition and Segmentation

Valeric acid, variously known as pentanoic acid, refers to a transparent, oily fluid with an unpleasant odour, which must be handled with care owing to its highly corrosive nature. It acts as an intermediate for the manufacturing of flavours and perfumes and agricultural chemicals like synthetic lubricants, pesticides, and pharmaceuticals.

On the basis of application, the market is divided into:

  • API Intermediates
  • Flavours and Perfumes
  • Agricultural Chemical
  • Plasticiser
  • Food Additives
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Demand from the End Use Industries to Aid the Market Growth of Valeric Acid

The market for valeric acid is being driven by the growing demand from the end use industries such as cosmetics and flavours and perfumes. The flourishing food and beverage industry is also aiding the market growth as some of the esters of valeric acid have a fruity odour, which can be used as a food additive. The product is also being used in agricultural chemicals, which is expected to aid the market growth over the forecast period. However, the market may be hindered by the use of alternatives like butyric acid as butyric acid has similar properties.

 

Key Industry Players in the Global Valeric Acid Market

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

  • Dow Chemical Company
  • Perstorp Group
  • Otto Chemie Pvt. Ltd.
  • Yufeng International Co., Ltd
  • Others

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

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    Industry Opportunities and Challenges
8    Global Valeric Acid Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Valeric Acid Historical Market (2016-2020) 
    8.3    Global Valeric Acid Market Forecast (2021-2026)
    8.4    Global Valeric Acid Market by Application
        8.4.1    API Intermediates
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Flavours and Perfumes
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Agricultural Chemical
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Plasticiser
            8.4.4.1    Market Share
            8.4.4.2    Historical Trend (2016-2020)
            8.4.4.3    Forecast Trend (2021-2026)
        8.4.5    Food Additives
            8.4.5.1    Market Share
            8.4.5.2    Historical Trend (2016-2020)
            8.4.5.3    Forecast Trend (2021-2026)
        8.4.6    Others
    8.5    Global Valeric Acid Market by Region
        8.5.1    Market Share
            8.5.1.1    North America
            8.5.1.2    Europe
            8.5.1.3    Asia Pacific
            8.5.1.4    Latin America
            8.5.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Price Analysis

    12.1    North America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.2    Europe Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.3    Asia Pacific Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.4    Latin America Historical Price Trends (2016-2020) and Forecast (2021-2026)
    12.5    Middle East and Africa Historical Price Trends (2016-2020) and Forecast (2021-2026)
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Dow Chemical Company
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Perstorp Group
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Otto Chemie Pvt. Ltd.
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Yufeng International Co., Ltd
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    Others
14    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global Valeric Acid Market: Key Industry Highlights, 2016 and 2026
2.    Global Valeric Acid Historical Market: Breakup by Application (USD Billion), 2016-2020
3.    Global Valeric Acid Market Forecast: Breakup by Application (USD Billion), 2021-2026
4.    Global Valeric Acid Historical Market: Breakup by Region (USD Billion), 2016-2020
5.    Global Valeric Acid Market Forecast: Breakup by Region (USD Billion), 2021-2026
6.    North America Valeric Acid Historical Market: Breakup by Country (USD Billion), 2016-2020
7.    North America Valeric Acid Market Forecast: Breakup by Country (USD Billion), 2021-2026
8.    Europe Valeric Acid Historical Market: Breakup by Country (USD Billion), 2016-2020
9.    Europe Valeric Acid Market Forecast: Breakup by Country (USD Billion), 2021-2026
10.    Asia Pacific Valeric Acid Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    Asia Pacific Valeric Acid Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Latin America Valeric Acid Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Latin America Valeric Acid Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Middle East and Africa Valeric Acid Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Middle East and Africa Valeric Acid Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    North America Historical Price Trends and Forecast 2016-2026
17.    Europe Historical Price Trends and Forecast 2016-2026
18.    Asia Pacific Historical Price Trends and Forecast 2016-2026
19.    Latin America Historical Price Trends and Forecast 2016-2026
20.    Middle East and Africa Historical Price Trends and Forecast 2016-2026
21.    Global Valeric Acid Market Structure

Key Questions Answered in the Report

The global valeric acid market is being aided by the growing cosmetics market, which is projected to grow at a CAGR of 5.3% between 2021 and 2026.

The major drivers of the industry, such as rising demand from the end use industries, growing cosmetics and food and beverage industries, and growing use of agrochemicals, are expected to aid the market growth.

The key market trend guiding the growth of the industry includes the growing R&D activities.

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

The leading application segments in the market are API intermediates, flavours and perfumes, agricultural chemical, plasticiser, and food additives, among others.

The major players in the industry are Dow Chemical Company, Perstorp Group, Otto Chemie Pvt. Ltd., and Yufeng International Co., Ltd, among others.

Analyst Review

The global valeric acid market attained a value of USD 15.06 billion in 2020 driven by growing demand from the cosmetics and food and beverage industries. Aided by the rising R&D activities, the cosmetics market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 5.3%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on application, the market is segmented into API intermediates, flavours and perfumes, agricultural chemical, plasticiser, and food additives, among others. The major regional markets for valeric acid are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Dow Chemical Company, Perstorp Group, Otto Chemie Pvt. Ltd., and Yufeng International 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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