Butyric Acid Price History and Forecast Analysis Provided by Procurement Resource

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Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Butyric Acid in its latest pricing dashboard.

In the first quarter of 2023, butyric acid prices in Asia initially dropped due to sluggish demand in cosmetics and related sectors. However, post Lunar holidays, increased buyer purchasing power boosted demand and sustained prices until mid-Q2. Butyric acid procurement from pharmaceutical and food processing industries decreased towards the quarter's end, influenced by economic depreciation. Europe saw Q1 price growth driven by robust demand in cosmetics, while Q2 faced weak performance in pharma, food processing, and chemical sectors amidst inflation and interest rate hikes. North America experienced price fluctuations in Q1, but a sharp Q2 decline resulted from ample supply, reduced orders, and low consumer demand.

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Butyric acid, a short-chain fatty acid (C4H8O2), is a colorless liquid with a pungent odor resembling rancid butter. Naturally occurring in dairy products and fats, it plays a role in flavor and aroma. Its antimicrobial properties make it useful in animal feed additives to promote gut health. In the cosmetic industry, it acts as a moisturizer in various products. Furthermore, butyric acid can be a precursor in pharmaceuticals, plastics, and polymers. Its multifunctional attributes are attributed to its distinct scent and its role in various biological and industrial processes.

Key Details About the Butyric Acid Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on Butyric Acid in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.

The Butyric Acid Price chart, including India Butyric Acid price, USA Butyric Acid price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting the Butyric Acid Price Trend:

The Butyric Acid Price Trend exhibits fluctuations reflecting its diverse industrial applications. In the food industry, Butyric Acid is a key flavoring agent, enhancing the aroma of dairy products and baked goods. Livestock benefit from its presence in animal feed additives, promoting gut health and digestion. In cosmetics, Butyric Acid's moisturizing properties make it highly valued in creams and lotions. Its role as an excipient in pharmaceuticals aids in drug delivery systems. Furthermore, in plastics and polymers, it serves as a plasticizer, improving flexibility. The Butyric Acid Price Index and Butyric Acid Prices reflect its significance in enhancing product quality and performance across various sectors, as seen in the Butyric Acid Price Chart and Butyric Acid Price Graph.

Key Players:

  • Eastman Chemical Company
  • Perstorp Holding AB
  • Merck KGaA
  • Tokyo Chemical Industry Co Ltd
  • OQ Chemicals GmbH

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients with up-to-date and pioneering practices in the industry to understand procurement methods, supply chains, and industry trends so that they can build strategies to achieve maximum growth.

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Reference Link - https://theprocurementexpert.com/butyric-acid-prices/