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Asia Pacific Ethyl Butyrate market size was valued at USD 87.4 million in 2024 and is projected to reach USD 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:
The report also provides analysis of leading market participants including:
FAQs on the Asia Pacific Ethyl Butyrate Market (2024–2030)
1. What is the market size of ethyl butyrate in Asia Pacific in 2024?
2. What is the projected market size by 2030?
3. What is the expected CAGR for the Asia Pacific Ethyl Butyrate market?
4. What is ethyl butyrate used for?
Ethyl butyrate is a fruity-smelling chemical commonly used as a:
Flavoring agent in beverages and food
Fragrance ingredient in personal care products
Solvent in perfumes and chemical formulations
5. What is driving the growth of the ethyl butyrate market in Asia Pacific?
Rising demand in the food and beverage industry for fruit flavors
Growth of the cosmetic and personal care sector
Increased consumption of ready-to-drink beverages
Expansion in the chemical and pharmaceutical industries
Key Points of this Report:
Reasons to Purchase this Report:
1.1 Product Overview and Scope of Ethyl Butyrate
1.2.1 Asia Pacific Market Size YoY Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Organic
1.2.3 Synthesis
1.3.1 Asia Pacific Market Size YoY Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Food and Beverages
1.3.3 Food Processing Industry
1.3.4 Cosmetics
1.3.5 Pharmaceutical
1.4 Asia Pacific Market Growth Prospects
1.4.1 Asia Pacific Revenue Estimates and Forecasts (2019-2030)
1.4.2 Asia Pacific Production Estimates and Forecasts (2019-2030)
2.1 Industry Trends
2.1.1 SWOT Analysis
2.1.2 PESTEL Analysis
2.1.3 Porter’s Five Forces Analysis
2.2 Potential Market and Growth Potential Analysis
3.1 Asia Pacific Production by Manufacturers (2019-2023)
3.2 Asia Pacific Revenue Market Share by Manufacturers (2019-2023)
3.3 Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Asia Pacific Average Price by Manufacturers (2019-2023)
3.5 Manufacturers Production Sites, Area Served, Product Type
3.6 Market Competitive Situation and Trends
3.6.1 Market Concentration Rate
3.6.2 Asia Pacific 5 and 10 Largest Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4.1 Asia Pacific Production
4.1.1 Asia Pacific Production YoY Growth Rate (2019-2023)
4.1.2 Asia Pacific Production, Revenue, Price and Gross Margin (2019-2024)
5.1 Asia Pacific
5.1.1 Asia Pacific Consumption by Country
5.1.2 Asia Pacific Sales, Consumption, Export, Import (2019-2023)
5.1.1 China
5.2.2 India
5.3.3 Japan
5.4.4 South Korea
5.5.5 Australia
5.6.6 Thailand
5.7.7 Indonesia
6.1 Asia Pacific Production Market Share by Type (2019-2024)
6.2 Asia Pacific Revenue Market Share by Type (2019-2024)
6.3 Asia Pacific Price by Type (2019-2024)
7.1 Asia Pacific Production Market Share by Application (2019-2024)
7.2 Asia Pacific Revenue Market Share by Application (2019-2024)
7.3 Asia Pacific Price by Application (2019-2024)
8.1 BASF SE
8.1.1 BASF SE Corporation Information
8.1.2 BASF SE Product Portfolio
8.1.3 BASF SE Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.1.4 BASF SE Main Business and Markets Served
8.1.5 BASF SE Recent Developments/Updates
8.2 Mitsubishi Chemical Corporation
8.2.1 Mitsubishi Chemical Corporation Corporation Information
8.2.2 Mitsubishi Chemical Corporation Product Portfolio
8.2.3 Mitsubishi Chemical Corporation Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.2.4 Mitsubishi Chemical Corporation Main Business and Markets Served
8.2.5 Mitsubishi Chemical Corporation Recent Developments/Updates
8.3 LANXESS
8.3.1 LANXESS Corporation Information
8.3.2 LANXESS Product Portfolio
8.3.3 LANXESS Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.3.4 LANXESS Main Business and Markets Served
8.3.5 LANXESS Recent Developments/Updates
8.4 Toray Industries
8.4.1 Toray Industries Corporation Information
8.4.2 Toray Industries Product Portfolio
8.4.3 Toray Industries Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.4.4 Toray Industries Main Business and Markets Served
8.4.5 Toray Industries Recent Developments/Updates
8.5 SABIC
8.5.1 SABIC Corporation Information
8.5.2 SABIC Product Portfolio
8.5.3 SABIC Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.5.4 SABIC Main Business and Markets Served
8.5.5 SABIC Recent Developments/Updates
8.6 LG Chem
8.6.1 LG Chem Corporation Information
8.6.2 LG Chem Product Portfolio
8.6.3 LG Chem Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.6.4 LG Chem Main Business and Markets Served
8.6.5 LG Chem Recent Developments/Updates
8.7 Evonik Industries AG
8.7.1 Evonik Industries AG Corporation Information
8.7.2 Evonik Industries AG Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.7.3 Evonik Industries AG Main Business and Markets Served
8.7.4 Evonik Industries AG Recent Developments/Updates
8.8 Sumitomo Chemical
8.8.1 Sumitomo Chemical Corporation Information
8.8.2 Sumitomo Chemical Product Portfolio
8.8.3 Sumitomo Chemical Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Sumitomo Chemical Main Business and Markets Served
8.8.5 Sumitomo Chemical Recent Developments/Updates
8.9 Arkema S.A.
8.9.1 Arkema S.A. Corporation Information
8.9.2 Arkema S.A. Product Portfolio
8.9.3 Arkema S.A. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.9.4 Arkema S.A. Main Business and Markets Served
8.9.5 Arkema S.A. Recent Developments/Updates
8.10 Solvay S.A.
8.10.1 Solvay S.A. Corporation Information
8.10.2 Solvay S.A. Product Portfolio
8.10.3 Solvay S.A. Production Capacity, Revenue, Price and Gross Margin (2019-2024)
8.10.4 Solvay S.A. Main Business and Markets Served
8.10.5 Solvay S.A. Recent Developments/Updates
9.1 Key Raw Materials Analysis
9.1.1 Key Raw Materials
9.1.2 Key Suppliers of Raw Materials
9.2 Proportion of Manufacturing Cost Structure
9.3 Manufacturing Process Analysis of Ethyl Butyrate
9.4 Industrial Chain Analysis
10.1 Marketing Channel
10.2 Distributors List
10.3 Customers
11.1 Industry Trends
11.2 Market Drivers
11.3 Market Challenges
11.4 Market Restraints
12.1 Asia Pacific Production, Revenue Forecast (2024-2030)
13.1 Asia Pacific Forecasted Consumption of by Country
14.1 Asia Pacific Production, Revenue and Price Forecast by Type (2024-2030)
14.1.1 Asia Pacific Forecasted Production of by Type (2024-2030)
14.1.2 Asia Pacific Forecasted Revenue of by Type (2024-2030)
14.1.3 Asia Pacific Forecasted Price of by Type (2024-2030)
14.2 Asia Pacific Production, Revenue and Price Forecast by Application (2024-2030)
14.2.1 Asia Pacific Forecasted Production of by Application (2024-2030)
14.2.2 Asia Pacific Forecasted Revenue of by Application (2024-2030)
14.2.3 Asia Pacific Forecasted Price of by Application (2024-2030)
16.1 Methodology/Research Approach
16.1.1 Research Programs/Design
16.1.2 Market Size Estimation
16.1.3 Market Breakdown and Data Triangulation
16.2 Data Source
16.2.1 Secondary Sources
16.2.2 Primary Sources
16.3 Author List
16.4 Disclaimer
17.1 Note
17.2 Examples of Clients
Frequently Asked Questions ?
