Trihydroxy-butyrophenone is an antioxidant which is usually used in many applications. Feed antioxidants are substances used in animal feeds to extend feed shelf life by preventing undesirable oxidation in finished feeds and animal guts. Feed antioxidants are known to preserve the nutritional and energy value of the feed while also preventing fat rancidification.
Data Bridge Market Research analyses that the trihydroxy-butyrophenone (THBP) for feed market which was valued at 2.4 billion in 2021 and is expected to reach the value of USD 5.14 billion by 2029, at a CAGR of 10.0% during the forecast period of 2022 to 2029.
Market Definition
Trihydroxy-butyrophenone is a type of organic compound known as an alkyl-phenyl ketone. These are aromatic compounds that contain a ketone and one alkyl group substituted by a phenyl group. It is used as an antioxidant in polyolefins, paraffin waxes, vegetable oils, and animal fats; as a food additive; and as a chemical preservative in animal feeds.
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Competitive Landscape and Trihydroxy-butyrophenone (THBP) for Feed Market Share Analysis
The trihydroxy-butyrophenone (THBP) for feed market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to trihydroxy-butyrophenone (THBP) for feed market.
Some of the major players operating in the trihydroxy-butyrophenone (THBP) for feed market are:
- Dow (U.S.)
- BASF SE (Germany)
- Perstorp (Sweden)
- Eastman Chemical Company (U.S.)
- Niacet, A Kerry Company (U.S.)
- Macco Organiques Inc. (Canada)
- Mitsubishi Chemical Holdings Corporation (Japan)
- ADDCON GmbH (Germany)
- Impextraco NV (Belgium)
- Kemin Industries, Inc. (U.S.)
- Krishna Chemicals (India)
- Prathista Industries Limited (India)
- OXEA GmbH (Germany)
- Merck KGaA (Germany)
- Titan Biotech (India)
- NOVUS INTERNATIONAL (U.S.)
- Daicel Corporation (Japan)
- Celanese Corporation (U.S.)
- Corbion NV (Netherlands)
- Otto Chemie Pvt. Ltd. (India)
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Trihydroxy-butyrophenone (THBP) for Feed Market Regional Analysis/Insights
The trihydroxy-butyrophenone (THBP) for feed market is analysed and market size insights and trends are provided by country type, form and application as referenced above.
The countries covered in the trihydroxy-butyrophenone (THBP) for feed market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The United States dominates the North America trihydroxy-butyrophenone (THBP) for feed market due to rising disposable income levels and the expansion of the personal care and cosmetics industries, whereas the United Kingdom is expected to grow in the Europe trihydroxy-butyrophenone (THBP) for feed market during the forecast period of 2022-2029 due to the region's growing pharmaceutical production.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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