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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Global Valeric Acid Market Outlook

The global valeric acid market is being driven by the growth of the cosmetics market, which is expected to grow at a CAGR of 5.30% in the forecast period of 2024-2032.

Global Valeric Acid Market Report Summary Description Value
Base Year USD Million 2023
Historical Period USD Million 2018-2023
Forecast Period USD Million 2024-2032
Market Size 2023 USD Million XX
Market Size 2032 USD Million XX
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 5.30%
CAGR 2024-2032 - Market by Region Asia Pacific 5.9%
CAGR 2024-2032 - Market by Country India 6.9%
CAGR 2024-2032 - Market by Country Brazil 6.3%
CAGR 2024-2032 - Market by Application Flavours and Perfumes 5.9%
Market Share by Country 2023 Canada 3.1%

Global Valeric Acid Market

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The Asia Pacific Region to Hold a Significant Market Share in the Valeric Acid Industry, Owing to the Rising Demand from the Food and Cosmetics Industries

Region-wise, the Asia Pacific region is expected to represent a large share of the market of valeric acid globally, with China holding a major share in demand. North America is also expected to account for a major share in the valeric acid industry. This can be attributed to the constant demand from the food and cosmetics industries. Further, Europe has witnessed an increase in the demand for valeric acid during the recent years. The laboratory, research, and development work has also witnessed a spurt in the consumption of valeric acid. In addition, the manufacturers are focusing on the extension of application areas for the product and identifying its use in various niche applications. Regions, such as the Middle East and Africa and Latin America, are expected to hold small shares in terms of volume consumption.

2023 Market Share by Country
Canada 3.1%
USA XX%
UK XX%

Valeric Acid: Market Segmentation

Valeric acid, variously known as pentanoic acid, refers to a transparent, oily fluid with an unpleasant odour, which must be handled with care owing to its highly corrosive nature. It acts as an intermediate for the manufacturing of flavours and perfumes and agricultural chemicals like synthetic lubricants, pesticides, and pharmaceuticals.

Global Valeric Acid Market By Application

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On the basis of application, the market is divided into:

  • API Intermediates
  • Flavours and Perfumes
  • Agricultural Chemical
  • Plasticiser
  • Food Additives
  • Others
CAGR 2024-2032 - Market by Application
Flavours and Perfumes 5.9%
Food Additives 5.7%
API Intermediates 5.4%
Agricultural Chemical XX%
Plasticiser XX%
Others XX%
CAGR 2024-2032 - Market by Region
Asia Pacific 5.9%
Middle East and Africa 5.7%
North America XX%
Europe XX%
Latin America XX%

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Global Valeric Acid Market By Region

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Growing Demand from the End Use Industries to Aid the Market Growth of Valeric Acid

The market for valeric acid is being driven by the growing demand from the end use industries such as cosmetics and flavours and perfumes. The flourishing food and beverage industry is also aiding the market growth as some of the esters of valeric acid have a fruity odour, which can be used as a food additive. The product is also being used in agricultural chemicals, which is expected to aid the market growth over the forecast period. However, the market may be hindered by the use of alternatives like butyric acid as butyric acid has similar properties.

Key Industry Players in the Global Valeric Acid Market

The report gives a detailed analysis of the following key players in the global valeric acid market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Dow Chemical Company
  • Perstorp Group
  • Otto Chemie Pvt. Ltd.
  • Yufeng International Co., Ltd
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

CAGR 2024-2032 - Market by Country
India 6.9%
Brazil 6.3%
China 6.1%
Mexico 5.3%
UK 4.9%
USA 4.8%
Canada XX%
Germany XX%
France XX%
Italy XX%
Japan XX%
Australia XX%
Saudi Arabia XX%

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • Region
Breakup by Application
  • API Intermediates
  • Flavours and Perfumes
  • Agricultural Chemical
  • Plasticiser
  • Food Additives
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Dow Chemical Company
  • Perstorp Group
  • Otto Chemie Pvt. Ltd.
  • Yufeng International Co., Ltd
  • Others
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Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

  
Valeric Acid Market Report Snapshots

Valeric Acid Market Size

Valeric Acid Market Share

Valeric Acid Market Growth

Valeric Acid Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global valeric acid market is being aided by the growing cosmetics market, which is projected to grow at a CAGR of 5.30% between 2024 and 2032.

The major drivers of the industry, such as rising demand from the end use industries, growing cosmetics and food and beverage industries, and growing use of agrochemicals, are expected to aid the market growth.

The key market trend guiding the growth of the industry includes the growing R&D activities.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading application segments in the market are API intermediates, flavours and perfumes, agricultural chemical, plasticiser, and food additives, among others.

The major players in the industry are Dow Chemical Company, Perstorp Group, Otto Chemie Pvt. Ltd., and Yufeng International Co., Ltd, among others.

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124