The market size of isobutyric acid is growing rapidly, and synthetic isobutyric acid is the main product
Isobutyric acid, also known as 2-methylpropionic acid and dimethylacetic acid, is an organic compound with the chemical formula C4H8O2. It is a colorless liquid, insoluble in water, and miscible in ethanol, ether, and chloroform. , glycerin, propylene glycol, etc., have a pungent odor and are used to synthesize isobutyrate products, such as methyl isobutyrate, propyl isobutyrate, isopentyl isobutyrate, benzyl isobutyrate, etc., and can be used as Edible spices are also used in the manufacture of food preservatives, pesticides, disinfectants, feed additives, coatings, plasticizers, etc.
Industrial Research Center released the “China’s Diversity Development Plan 2023-2028” The “In-depth Market Research and Development Prospects Forecast Report on the Butyric Acid Industry” shows that in recent years, with the continuous development of downstream industries such as edible flavors, pharmaceuticals, feeds, and chemicals, the global demand for isobutyric acid has overall shown With rapid growth, the global isobutyric acid market will exceed 1 billion yuan in 2022. It is expected that the global isobutyric acid market will reach about 2 billion yuan in 2028. The main production companies include OQ Chemicals of Germany, Eastman Chemicals of the United States, and Tokyo Chemical Industry of Japan. , China Weifang Qiyi Chemical Co., Ltd., etc.
(1) Demand in the field of food spices is the main driving force
Isobutyric acid is an intermediate used as a solvent in the process of producing pleasant aroma and flavor, and is one of the main raw materials for the production of food flavors. With the improvement of consumption level, consumers’ requirements for food aroma or taste are getting higher and higher and more diversified. In order to adapt to the changing needs of consumers, condiment companies are constantly developing new products. More and more products are The addition of isobutyric acid downstream products has in turn promoted the growth of global demand for isobutyric acid, and the rapid growth in demand in the field of food flavors is the main driving force for the growth of isobutyric acid demand.
(2) Synthetic isobutyric acid is the main product type
Isobutyric acid can be divided into two types according to different production processes: chemical synthesis and biological fermentation. The chemical synthesis method uses petroleum raw materials as raw materials for chemical synthesis, and the biological fermentation method uses sugar or starch for biological fermentation. Regardless of chemical synthesis or biological fermentation, the isobutyric acid produced can be used in food and spices, chemical intermediates, protective coatings, pharmaceutical chemicals and other fields. However, due to the high cost-effectiveness of chemical synthesis of isobutyric acid and the easy availability of raw materials, synthetic isobutyric acid occupies the vast majority of the isobutyric acid market, and biological fermentation of isobutyric acid accounts for a limited share.
(3) The Asia-Pacific region has the largest demand
China and India are the two most populous countries in the world. They are also the world’s major producers of food spices, chemical products, feed additives and other products. In recent years, with the continuous economic development of China and India, the food spices of China and India have The growing demand for isobutyric acid in the fields of chemical industry, chemical industry, and feed additives has in turn promoted the growth of isobutyric acid demand in the Asia-Pacific region. At present, the Asia-Pacific region is the world’s largest demand market for isobutyric acid and is expected to continue to maintain its leading position in demand in the future.
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