3-Methyl Valeric acid Market: Introduction
The chemical Compound 3-methyl valeric acid is a straight chain alkyl carboxylic acid as such other low molecular weight carboxylic acid. 3-methyl valeric acid having an unpleasant odor with low melting point and high boiling point. 3-methyl valeric acid is also known as 3-methyl pentanoic acid which is colorless oily liquid and it will be handled carefully owing to its highly corrosive nature.
It is found naturally from the perennial flowering plant (valerian) as well as manufacturing artificially. The organic chemical compound 3-methyl valeric acid is widely used as an intermediate in the production of synthetic lubricants, agrochemicals, and pharmaceutical among others. The 3-methyl valeric acid is widely used in the fusion of valeric acid esters. Most common salt and ester of the 3-methyl valeric acid are known as pentanoates or valuates.
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3-Methyl Valeric acid Market: Dynamics
The straight chain alkyl carboxylic chemical compound 3-methyl valeric acid demand is expected to witness substantial growth over the coming years. The key factor to enhance the demand for 3-methyl valeric acid are growing application across the various end-use industries such as food & beverages, cosmetics & personal care, and agrochemicals especially pesticides among others.
Globally, in past few years, the food and beverages industry are register significant growth owing to the growing population, changes in lifestyle and eaten habits, and growing demand for packaged food are some of the key factors to contribute in industry growth. And, the use of 3-methyl valeric acid as a food additive that fueled the demand across the globe during the forecast period. Additionally, the high traction of cosmetics across the globe are also projected to contributing in the 3-methyl valeric acid market growth over the forecast period.
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3-Methyl Valeric acid Market: Segmentation
The global 3-methyl valeric acid market can be segmented on the basis of source, grade, application, and region.
On the basis of source, the 3-methyl valeric acid market has been segmented as:
On the basis of grade, the 3-methyl valeric acid market has been segmented as:
- Standard Grade
- Technical Grade (High Purity Grade
On the basis of Application, the 3-methyl valeric acid market has been segmented as:
- Food Additives
- Flavors and Fragrances
- Synthetic Lubricants
- Extracting Agent
- Chemical Intermediate
3-Methyl Valeric acid Market: Market participants
Some of the market participants identified across the value chain of the 3-methyl valeric acid market are:
- Merck KGaA
- Santa Cruz Biotechnology, Inc.
- Penta Manufacturing Company
- The Good Scents Company
- Restek Corporation
- Central Drug House (P) Ltd.
- Toronto Research Chemicals
- SynThink Research Chemicals
- DowDupont Inc.
- Sisco Research Laboratories Pvt. Ltd.
- Neuchatel Chemie Specialties
- Yufeng International Co., Ltd
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