Valeric acid is a low-molecular-weight carboxylic acid compound that has an unpleasant odor. Primarily, it is being used for the synthesis of its esters and perfumes as well as in cosmetic production. It is a colorless oily compound and is also known as pentanoic acid. Some of the esters of valeric acid such as pentyl valerate and ethyl valerate are being used as food additives.
MARKET DYNAMICS
The increasing demand for valeric acid in industrial processes is driving the growth of the valeric acid market. Along with this, there has been an increase in the consumption of valeric acid laboratory and research work. Moreover, it acts as an active pharmaceutical ingredient and is increasingly being used in the pharmaceutical industry which is driving the growth of the valeric acid market. Valeric acid is now being manufactured from bio-based sources, which makes the product environmentally friendly. However, unpleasant odor, as well as the availability of various alternatives, is acting as a restraint for the growth of the valeric acid market.
MARKET SCOPE
The "Global Valeric Acid Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the valeric acid market with detailed market segmentation by application, and geography. The global valeric acid market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading valeric acid market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Global Valeric Acid Market is segmented based on application. Based on application, the market is segmented into API intermediates, lubricants, flavors and perfumes, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global valeric acid market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The valeric acid market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the valeric acid market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the valeric acid market in these regions.
MARKET PLAYERS
The report covers key developments in the valeric acid market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from valeric acid market are anticipated to witness lucrative growth opportunities in the future with the rising demand for valeric acid in the global market. Below mentioned is the list of few companies engaged in the valeric acid market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the valeric acid market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Central Drug House
- Dow
- LKT Laboratories
- Merck KGaA
- Neuchatel Chemie Specialties
- Perstorp Holding AB
- Sisco Research Laboratories Pvt. Ltd.
- TCI Chemicals (India) Pvt. Ltd.
- Vizag Chemical
- Yufeng International Co.,Ltd