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pharmamoda · 5 years

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Buy Modalert by Pharma.moda

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instanttimetravelnut · 2 years

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Sales Revenue of Valeric Acid Market to Receive a Fillip Owing to Burgeoning Demand During the Forecast Period 2018 – 2028

Persistence Market Research – PMR’s latest study on Chemicals & Materials provides deep industry insights and associated services to help clients realize their maximum business potential across the globe.

Global Valeric Acid Market: Introduction

Valeric acid is majorly used as an intermediate for the manufacture of flavors and perfumes, agricultural chemicals such as pesticides, synthetic lubricants and pharmaceuticals. Valeric acid is a colorless and oily liquid with an unpleasant odor and must be handled carefully due to its highly corrosive nature. Valeric acid is also known by alternate names such as pentanoic acid and is a carboxylic acid. It is used as a stanching agent with a maximum limit of 2% in pesticide formulations. The primary use of valeric acid is in the manufacture of esters. It is majorly used for ester type lubricants, plasticizers and vinyl stabilizers. Some of the esters of valeric acid such as ethyl valerate and pentyl valerate are used as food additives since they have fruity odors.

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Global Valeric Acid Market: Dynamics

Valeric Acid Market: Drivers

Significant growth across various end use industries including cosmetics, flavors and perfumes has led to a rise in the demand for valeric acid in such applications. Some of the esters of valeric acid have a fruity odor and hence, are increasingly being used as food additives.

There has also been a rise in the demand for valeric acid in agricultural chemicals, which is projected to have a positive impact on the market growth. The use of valeric acid as an API intermediate is also projected to gain traction in the pharmaceutical industry over the forecast period.

Valeric Acid Market: Restraints

One of the major challenges faced by the global valeric acid market is the use of alternatives such as butyric acid. The similar properties offered by butyric acid have led to its increased utilization across various end use industries. Other major factors restraining the growth of the market include the unpleasant smell and handling constraints of valeric acid, which have compelled manufacturers to focus on other alternatives.

Valeric Acid Market: Trends

One of the recent trends observed in the global valeric acid market is the use of valeric acid for feed purposes. The product is not regarded harmful or toxic as a food and feed ingredient by WHO (World Health Organization). There has been significant research and development in expanding the application areas for valeric acid and the use of valeric acid for tailored applications.

In order to meet stringent environmental regulations, manufacturers are focusing on the production of valeric acid from bio-based sources. They have been investing in strategic development and product innovation to sustain the market competition.

Global Valeric Acid Market: Segmentation

The global valeric acid market can be segmented on the basis of application and grade.

On the basis of application, the global valeric acid market can be segmented as:

API Intermediates

Flavors and Perfumes

Agricultural Chemicals

Synthetic Lubricants

Plasticizer

Extractant

Food Additives

Others

On the basis of grade, the global valeric acid market can be segmented as:

Regular Grade (Standard Grade)

Research Grade (high Purity Grade)

Global Valeric Acid Market: Regional Outlook

From a regional perspective, Asia Pacific is projected to hold a major share in the global valeric acid market with China representing a major share in demand. North America is also projected to hold a significant share in the global valeric acid market, owing to the steady demand from the food and cosmetics industry. Europe has registered a rise in the demand for valeric acid over the past few years. There has also been an increase in the consumption of valeric acid in laboratory, research and development work. Manufacturers are also focusing on the expansion of application areas for valeric acid and recognizing its use in various niche applications. Other regions such as Latin America and Middle East and Africa are projected to hold relatively smaller shares in terms of volume consumption; however, they are projected to witness relatively higher growth rates over the assessment period.

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Global Valeric Acid Market: Market Participants

Some of the market participants identified across the value chain of the global valeric acid market include,

The Dow Chemical Company

Perstorp Orgnr

Sisco Research Laboratories Pvt. Ltd.

Sigma Aldrich

Central Drug House

The good scents Company

Merck KGaA

LKT Laboratories

Neuchatel Chemie Specialties

Yufeng International Co., Ltd

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zanykidcheesecake · 2 years

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esglatestmarketnews · 3 years

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U.S. Esters Market Status, Share And Growth Factors Impact Analysis till 2022

March 03, 2021: U.S. Esters Market is estimated to grow significantly in the forecast period owing to the increase in demand for stabilizers and emulsifiers from personal care segment. Esters are the organic compounds that produce organic or inorganic acids when reacted with water. Esters possess properties like flexibility and low polarity and are more volatile than the equivalent amides. Esters are widely used as aromas in different fruits, pharmaceutical items and personal care products like shampoos.

U.S. esters market is witnessing growth due to factors like developments and innovations in surfactants, lubricants, pesticides and others, economic developments, growing population that demands personal care products and growing industrialization. Esters are extensively used in synthetic lubricants, which ultimately encourages U.S. esters industry. Moreover, growth in food industry due to increasing population is fueling United States esters market. However, the market is restrained by the government regulations for limiting the use of unsafe chemicals in the food & personal care products and unstable prices of raw materials.

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Nevertheless, low labor cost and regulations by government are encouraging the market growth of esters. Functional efficiency followed by biodegradability, sustainability and performance offered by esters are gaining traction by the market players. Also, the development of various personal care industries are expected to bring opportunities in U.S. esters industry in the coming years.

U.S. esters market is categorized on the basis of product type, application and geography. On the basis of product type, the market is divided into complex esters, diesters, monoesters and methyl esters. Complex esters segment is expected to lead U.S. esters industry since they offer high film thickness, wide viscosity range, high surface activity, and are cost-effective.

Based on application, U.S. esters market is bifurcated into industrial lubricants, automotive lubricants, marine lubricants, aviation lubricants and food grade lubricants. Aviation segment followed by automotive and industrial segment are expected to hold larger market share of esters due to wide applications. Geographically, U.S. esters industry is segmented as The West, Southwest, The Middle Atlantic, New England, The South and The Midwest.

The key players in United States esters industry comprise Arkema, Chemtura, Lanxess, Dow Chemical, Evonik Industries, DuPont, Procter & Gamble (P&G), Croda International, Sasol, PCC Chemax, Honeywell, Eastman Chemical, Ashland, AkzoNobel, Innospec, Archer Daniels Midland, LG Chem, Elementis Specialties, Valtris Specialty Chemicals, Rotuba, PMC Biogenix, Polymer Plastics Co. LC.AndStepan Company.

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Market Segment:

U.S. Esters Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2012 - 2022)

• Fatty esters

• By product

• Glycerol monostearate (GMS)

• By application

• Food additive

• Emulsifier for oil & greases

• Pharmaceuticals

• Personal care & cosmetics

• Others

• Medium Chain Triglycerides (MCTs)

• By application

• Dietary supplements

• Medical supplements

• Others

• Sorbitan esters

• By application

• Personal care & cosmetics

• Food additives

• Paints & pigments

• Pharmaceuticals

• Agricultural films & plastics

• Others

• Ethyl glycol monostearate

• By application

• Personal care & cosmetics

• Others

• Fatty acid methyl ester (FAME)

• By application

• Biodiesel

• Lubricants

• Metalworking fluids

• Polymer, coatings, & plasticizers

• Personal care

• Others

• Phosphate esters

• By application

• Lubricant base stock

• Agrochemicals

• Surfactants

• Flame retardants

• Plasticizers

• Paints & coatings

• Others

• Acrylic esters

• By product

• Methyl acrylate

• By application

• Coatings, adhesives, sealants, and elastomers (CASE)

• Surfactants

• Plastic additives

• Textiles & fibers

• Chemical synthesis

• Others

• Ethyl acrylate

• By application

• Copolymers & homopolymers

• Chemical synthesis

• Paints & coatings

• Others

• Butyl acrylate

• By application

• Personal care & cosmetics

• Paints & coatings

• Others

• 2-Ethylhexyl acrylate

• By application

• Copolymers & homopolymers

• Pressure sensitive adhesives

• Paints & coatings

• Others

• Cellulose esters

• By product

• Cellulose acetate

• By application

• Film base

• Coating additive

• Synthetic fibers

• Others

• Cellulose acetate propionate (CAP)

• By application

• Printing inks

• Varnishes & coatings

• Textile & apparel

• Plastic processing

• Nail care products

• Others

• Cellulose acetate butyrate (CAB)

• By application

• Coating additive

• Pharmaceuticals

• Textile & apparel

• Plastic processing

• Others

• Allyl & aromatic esters

• By product

• Ethyl acetate

• Ethyl benzoate

• Methyl laurate

• N-butyl stearate (NBS)

• Others

• By application

• Personal care

• Agricultural chemical

• Lubricants

• Pharmaceuticals

• Paints & coatings

• Surfactants & detergents

• Others

Get in touch

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Ryan Manuel

Research Support Specialist, USA

Email: [email protected]

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