Market Overview:
The global pentanoic acid market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The pentanoic acid market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into valeric acid standard and valeric acid high purity. Valeric acid standard dominates the global pentanoic acid market in terms of volume share and is expected to maintain its dominance during the forecast period from 2018 to 2030. On account of growing demand for synthetic lubricants in various industries such as automotive, aerospace & defense, and others across regions such as North America, Latin America, Europe Asia Pacific and Middle East & Africa (MEA), demand for valeric acid high purity is projected to grow at a higher CAGR than that for valericacid standard duringthe forecast period from2018to2030. Synthetic lubricants are used extensively in various industrial applications owing to their properties such as low volatility at high temperatures , good thermal stability , low wear rates etc .
Product Definition:
Pentanoic acid is an organic compound with the formula C5H10O2. It is a colorless liquid with a pungent, acrid odor. Pentanoic acid is the simplest carboxylic acid and has five carbon atoms. It occurs naturally in certain dairy products and in the oil of some plants, such as mints.
Valeric Acid Standard:
Valeric acid is an organic compound derived from lactic acid. It has a pungent odor similar to that of butyric acid and can be prepared by fermentation or hydrolysis of animal and vegetable fats.
Valeric Acid High Purity:
Valeric acid is a carboxylic acid with a chemical formula similar to that of pentanoic acid. The two compounds are closely related in structure and both can be derived from maleic anhydride. Maleic anhydride is the raw material used for manufacturing valeric acid by reacting with carbon dioxide at high pressure and temperature conditions.
Application Insights:
The other application segment includes pharmaceuticals, paints and coatings, cosmetics, agrochemicals and others. The product is used as a preservative in vaccines and medicines for the treatment of various diseases such as diabetes. It is also utilized in several cosmetic formulations including creams, lotions & bath oils which are used for skin care applications.
It has been observed that pentanoic acid based products have excellent properties such as biodegradability which makes it suitable to be used in personal care products where there is direct contact with the skin. Moreover, increasing demand for these types of products from countries like India & China are expected to drive the market over the forecast period.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in emerging economies such as China, India, Indonesia, Vietnam and Thailand. The region has been witnessing robust economic growth over the past few years which is expected to positively impact industry expansion over the forecast period.
The Middle East & Africa (MEA) pentanoic acid market was valued at USD X million in 2017 and is projected to grow at a significant rate during the forecast period due mainlyto rising demand for synthetic lubricants from various industries including automotive, marine & aerospace etc., especially in countries such as Saudi Arabia and UAE due largelyto increased automobile production levels coupled with growing consumer disposable income levels are some ofthe major factors driving product demand across this region.
Growth Factors:
- Increasing demand from end-use industries such as food and beverage, pharmaceuticals, and cosmetics
- Rising awareness about the benefits of pentanoic acid among consumers
- Growing investments by leading players in research and development to develop new applications for pentanoic acid
- Expansion of distribution channels by key players to reach a wider customer base
- Emergence of innovative products that offer better performance than traditional products
Scope Of The Report
Report Attributes
Report Details
Report Title
Pentanoic Acid Market Research Report
By Type
Valeric Acid Standard, Valeric Acid High Purity
By Application
Synthetic Lubricant, API, Others
By Companies
Perstorp, OXEA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Pentanoic Acid Market Report Segments:
The global Pentanoic Acid market is segmented on the basis of:
Types
Valeric Acid Standard, Valeric Acid High Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Synthetic Lubricant, API, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Perstorp
- OXEA
Highlights of The Pentanoic Acid Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Valeric Acid Standard
- Valeric Acid High Purity
- By Application:
- Synthetic Lubricant
- API
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pentanoic Acid Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pentanoic acid is a five-carbon molecule with the chemical formula C5H10O2. It is a colorless, water-soluble compound that is commonly found in nature as an organic acid. Pentanoic acid can be found in fruits, vegetables, and animal tissues.
Some of the major companies in the pentanoic acid market are Perstorp, OXEA.
The pentanoic acid market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pentanoic Acid Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pentanoic Acid Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pentanoic Acid Market - Supply Chain
4.5. Global Pentanoic Acid Market Forecast
4.5.1. Pentanoic Acid Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pentanoic Acid Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pentanoic Acid Market Absolute $ Opportunity
5. Global Pentanoic Acid Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pentanoic Acid Market Size and Volume Forecast by Type
5.3.1. Valeric Acid Standard
5.3.2. Valeric Acid High Purity
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pentanoic Acid Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pentanoic Acid Market Size and Volume Forecast by Application
6.3.1. Synthetic Lubricant
6.3.2. API
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pentanoic Acid Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pentanoic Acid Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pentanoic Acid Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pentanoic Acid Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pentanoic Acid Demand Share Forecast, 2019-2026
9. North America Pentanoic Acid Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pentanoic Acid Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pentanoic Acid Market Size and Volume Forecast by Application
9.4.1. Synthetic Lubricant
9.4.2. API
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pentanoic Acid Market Size and Volume Forecast by Type
9.7.1. Valeric Acid Standard
9.7.2. Valeric Acid High Purity
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pentanoic Acid Demand Share Forecast, 2019-2026
10. Latin America Pentanoic Acid Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pentanoic Acid Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pentanoic Acid Market Size and Volume Forecast by Application
10.4.1. Synthetic Lubricant
10.4.2. API
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pentanoic Acid Market Size and Volume Forecast by Type
10.7.1. Valeric Acid Standard
10.7.2. Valeric Acid High Purity
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pentanoic Acid Demand Share Forecast, 2019-2026
11. Europe Pentanoic Acid Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pentanoic Acid Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pentanoic Acid Market Size and Volume Forecast by Application
11.4.1. Synthetic Lubricant
11.4.2. API
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pentanoic Acid Market Size and Volume Forecast by Type
11.7.1. Valeric Acid Standard
11.7.2. Valeric Acid High Purity
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pentanoic Acid Demand Share, 2019-2026
12. Asia Pacific Pentanoic Acid Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pentanoic Acid Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pentanoic Acid Market Size and Volume Forecast by Application
12.4.1. Synthetic Lubricant
12.4.2. API
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pentanoic Acid Market Size and Volume Forecast by Type
12.7.1. Valeric Acid Standard
12.7.2. Valeric Acid High Purity
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pentanoic Acid Demand Share, 2019-2026
13. Middle East & Africa Pentanoic Acid Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pentanoic Acid Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pentanoic Acid Market Size and Volume Forecast by Application
13.4.1. Synthetic Lubricant
13.4.2. API
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pentanoic Acid Market Size and Volume Forecast by Type
13.7.1. Valeric Acid Standard
13.7.2. Valeric Acid High Purity
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pentanoic Acid Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pentanoic Acid Market: Market Share Analysis
14.2. Pentanoic Acid Distributors and Customers
14.3. Pentanoic Acid Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Perstorp
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. OXEA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPANY3
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook