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Asia Pacific Ethyl Butyrate  Market Research Report 2024-2030

Asia Pacific Ethyl Butyrate Market Research Report 2024-2030

  • Published on : 24 October 2024
  • Pages :205
  • Report Code:SMR-8015649

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Report overview

The Asia Pacific Ethyl Butyrate market size was valued at US$ 87.4 million in 2024 and is projected to reach US$ 112.6 million by 2030, at a CAGR of 4.3% during the forecast period 2024-2030.
Ethyl butyrate is an organic compound with a fruity odor, primarily used as a flavoring agent in the food and beverage industry, and also finding applications in fragrances, pharmaceuticals, and as a solvent in various industrial processes.
The Asia Pacific ethyl butyrate market is experiencing moderate growth, driven by the expanding food and beverage industry and increasing demand for natural flavors. China leads with a 40% market share, followed by Japan at 25% and South Korea at 20%. In 2023, the food and beverage sector consumed 65% of total production, with fragrances at 20% and pharmaceuticals at 10%. The market saw a 7% increase in demand for natural ethyl butyrate derived from fermentation processes. Key players include Vigon International, Inc. (USA) and Penta Manufacturing Company (USA), holding a combined 30% market share in the region. The industry is investing in green chemistry approaches, with a 10% increase in R&D spending on bio-based production methods in 2023. Challenges include price volatility of raw materials and competition from synthetic flavors, leading to an 8% focus on improving production efficiency and cost-effectiveness. The trend towards clean label products has driven a 12% growth in natural ethyl butyrate use in organic and all-natural food products. The market is benefiting from the rising popularity of fruity e-liquid flavors in the vaping industry, with a 15% increase in ethyl butyrate demand for this application.

Report Includes

This report is an essential reference for who looks for detailed information on Asia Pacific Ethyl Butyrate . The report covers data on Asia Pacific markets including historical and future trends for supply, market size, prices, trading, competition and value chain as well as Asia Pacific major vendors¡¯ information. In addition to the data part, the report also provides overview of Ethyl Butyrate , including classification, application, manufacturing technology, industry chain analysis and latest market dynamics. Finally, a customization report in order to meet user's requirements is also available.

This report aims to provide a comprehensive presentation of the Asia Pacific Ethyl Butyrate , with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Ethyl Butyrate . This report contains market size and forecasts of Ethyl Butyrate in Asia Pacific, including the following market information:
We surveyed the Ethyl Butyrate manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

by Country

•    China
•    India
•    Japan
•    South Korea
•    Australia
•    Thailand
•    Indonesia

by Products type:

•    Organic
•    Synthesis

by Application:

•    Food and Beverages
•    Food Processing Industry
•    Cosmetics
•    Pharmaceutical

key players include: (At least 8-10 companies included)

•    BASF SE
•    Mitsubishi Chemical Corporation
•    LANXESS
•    Toray Industries
•    SABIC
•    LG Chem
•    Evonik Industries AG
•    Sumitomo Chemical
•    Arkema S.A.
•    Solvay S.A.

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:
•    Key companies Ethyl Butyrate revenues in Asia Pacific market, 2019-2024 (Estimated), ($ millions)
•    Key companies Ethyl Butyrate revenues share in Asia Pacific market, 2023 (%)
•    Key companies Ethyl Butyrate sales in Asia Pacific market, 2019-2024 (Estimated),
•    Key companies Ethyl Butyrate sales share in Asia Pacific market, 2023 (%)

Key Points of this Report:
•    The depth industry chain includes analysis value chain analysis, porter five forces model analysis and cost structure analysis
•    The report covers Asia Pacific and country-wise market of Ethyl Butyrate
•    It describes present situation, historical background and future forecast
•    Comprehensive data showing Ethyl Butyrate capacities, production, consumption, trade statistics, and prices in the recent years are provided
•    The report indicates a wealth of information on Ethyl Butyrate manufacturers
•    Ethyl Butyrate forecast for next five years, including market volumes and prices is also provided
•    Raw Material Supply and Downstream Consumer Information is also included
•    Any other user's requirements which is feasible for us

Reasons to Purchase this Report:
•    Analyzing the outlook of the market with the recent trends and SWOT analysis
•    Market dynamics scenario, along with growth opportunities of the market in the years to come
•    Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
•    Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
•    Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
•    Distribution Channel sales Analysis by Value
•    Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
•    Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
•    1-year analyst support, along with the data support in excel format.