Global Butynoic Acid Market Size, Share, Analysis, Industry Report and Forecast 2021-2027

The global butynoic acid market is estimated to grow at a significant CAGR during the forecast period. 2-Butynoic acid was employed as a synthon in a variety of reactions, including cycloacylation of phenols to flavones and chromones, and cyclization to ?-butyrolactones. It was also used in the synthesis of Z-trisubstituted olefins via ?-alkylation. Butynoic acid can be recrystallized from non-polar solvents and is extremely soluble in polar solvents (water, ethanol) (such as heptane, hexane or toluene). The substance is a white crystalline solid with two polymorphous crystalline forms.

The butynoic acid market is likely to be driven by rising demand for renewable butynoic acid in the food, taste, and pharmaceuticals sectors, as well as an increase in the number of meat consumers and a ban on the use of antibiotics in animal feed in some countries. The global butynoic acid market study offers a comprehensive analysis of the industry. The global butyonic acid market is likely to be driven by rising demand for renewable butyric acid in the food and taste and pharmaceuticals sectors during the next several years. In addition, increased demand for packaged food as a result of changing consumer tastes and an increase in the number of meat consumers is expected to enhance the industry in the future years.

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Furthermore, several countries' bans on the use of antibiotics in animal feed, as well as rising demand in end-use sectors, are expected to fuel the market throughout the forecasted period. In January 2020, Oxea, a chemical company owned by the Oman Oil Corporation & Orpic Group, merged with eight other companies to establish OQ, a newly integrated energy company. OQ intends to be a global energy leader, capturing and benefitting from a larger portion of the global hydrocarbon value chain.

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A full Report of Global Butynoic Acid Market is Available at:   https://www.omrglobal.com/industry-reports/butynoic-acid-market

Market Coverage

·         The market number available for – 2020-2027

·         Base year- 2020

·         Forecast period- 2021-2027

Segments Covered

·         By Type

·         By Application

Regions Covered

·         North America

·         Europe

·         Asia-Pacific

·         Rest of the world

·         Competitive Landscape: Eastman Chemical Company, Oxea GmbH, Blue Marble Biomaterials LLC, Tokyo Chemical Industry Co. Ltd., Perstorp Holding AB among others.

Key questions addressed by the report

·         What is the market growth rate?

·         Which segment and region dominates the market in base year?

·         Which segment and region will project fastest growth in the market?

·         How COVID-19 impacted the market?

·         Recovery Timeline

·         Deviation from pre-COVID forecast

·         Most affected region and segment

·         Who is the leader in the market?

·         How players are addressing challenges to sustain growth?

·         Where is the investment opportunity?

Global Butynoic Acid Market by Segments

By types,

·         98% Purity

·         99% Purity          

By application, 

·         Organic Synthesis

·         Chemical Intermediate

·         Animal Feed

·         Pharmaceuticals

·         Perfume

·         Pharmaceutical Intermediates

·         Other

Global Butynoic Acid Market by Region

North America

·         United States

·         Canada

Europe

·         UK

·         Germany

·         Spain

·         France

·         Italy

·         Rest of Europe

Asia-Pacific

·                     India

·                     China

·                     Japan

·                     South Korea

·                     Rest of APAC

Rest of the World

·                     Latin America 

·                     Middle East & Africa

Reasons to buy from us –

1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/butynoic-acid-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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