Global Hydroxyisobutyric Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
1 Market Overview
- 1.1 Product Overview and Scope
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Hydroxyisobutyric Acid Consumption Value by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 50% HBA Solution
- 1.3.3 98% HBA Solution
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Hydroxyisobutyric Acid Consumption Value by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Electronic Materials
- 1.4.3 Pharmaceuticals
- 1.5 Global Hydroxyisobutyric Acid Market Size & Forecast
- 1.5.1 Global Hydroxyisobutyric Acid Consumption Value (2019 & 2023 & 2030)
- 1.5.2 Global Hydroxyisobutyric Acid Sales Quantity (2019-2030)
- 1.5.3 Global Hydroxyisobutyric Acid Average Price (2019-2030)
2 Manufacturers Profiles
- 2.1 Mitsubishi Gas Chemical
- 2.1.1 Mitsubishi Gas Chemical Details
- 2.1.2 Mitsubishi Gas Chemical Major Business
- 2.1.3 Mitsubishi Gas Chemical Hydroxyisobutyric Acid Product and Services
- 2.1.4 Mitsubishi Gas Chemical Hydroxyisobutyric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.1.5 Mitsubishi Gas Chemical Recent Developments/Updates
- 2.2 Nippoh Chemicals
- 2.2.1 Nippoh Chemicals Details
- 2.2.2 Nippoh Chemicals Major Business
- 2.2.3 Nippoh Chemicals Hydroxyisobutyric Acid Product and Services
- 2.2.4 Nippoh Chemicals Hydroxyisobutyric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.2.5 Nippoh Chemicals Recent Developments/Updates
- 2.3 Xinan Chem
- 2.3.1 Xinan Chem Details
- 2.3.2 Xinan Chem Major Business
- 2.3.3 Xinan Chem Hydroxyisobutyric Acid Product and Services
- 2.3.4 Xinan Chem Hydroxyisobutyric Acid Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.3.5 Xinan Chem Recent Developments/Updates
3 Competitive Environment: Hydroxyisobutyric Acid by Manufacturer
- 3.1 Global Hydroxyisobutyric Acid Sales Quantity by Manufacturer (2019-2024)
- 3.2 Global Hydroxyisobutyric Acid Revenue by Manufacturer (2019-2024)
- 3.3 Global Hydroxyisobutyric Acid Average Price by Manufacturer (2019-2024)
- 3.4 Market Share Analysis (2023)
- 3.4.1 Producer Shipments of Hydroxyisobutyric Acid by Manufacturer Revenue ($MM) and Market Share (%): 2023
- 3.4.2 Top 3 Hydroxyisobutyric Acid Manufacturer Market Share in 2023
- 3.4.3 Top 6 Hydroxyisobutyric Acid Manufacturer Market Share in 2023
- 3.5 Hydroxyisobutyric Acid Market: Overall Company Footprint Analysis
- 3.5.1 Hydroxyisobutyric Acid Market: Region Footprint
- 3.5.2 Hydroxyisobutyric Acid Market: Company Product Type Footprint
- 3.5.3 Hydroxyisobutyric Acid Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Hydroxyisobutyric Acid Market Size by Region
- 4.1.1 Global Hydroxyisobutyric Acid Sales Quantity by Region (2019-2030)
- 4.1.2 Global Hydroxyisobutyric Acid Consumption Value by Region (2019-2030)
- 4.1.3 Global Hydroxyisobutyric Acid Average Price by Region (2019-2030)
- 4.2 North America Hydroxyisobutyric Acid Consumption Value (2019-2030)
- 4.3 Europe Hydroxyisobutyric Acid Consumption Value (2019-2030)
- 4.4 Asia-Pacific Hydroxyisobutyric Acid Consumption Value (2019-2030)
- 4.5 South America Hydroxyisobutyric Acid Consumption Value (2019-2030)
- 4.6 Middle East & Africa Hydroxyisobutyric Acid Consumption Value (2019-2030)
5 Market Segment by Type
- 5.1 Global Hydroxyisobutyric Acid Sales Quantity by Type (2019-2030)
- 5.2 Global Hydroxyisobutyric Acid Consumption Value by Type (2019-2030)
- 5.3 Global Hydroxyisobutyric Acid Average Price by Type (2019-2030)
6 Market Segment by Application
- 6.1 Global Hydroxyisobutyric Acid Sales Quantity by Application (2019-2030)
- 6.2 Global Hydroxyisobutyric Acid Consumption Value by Application (2019-2030)
- 6.3 Global Hydroxyisobutyric Acid Average Price by Application (2019-2030)
7 North America
- 7.1 North America Hydroxyisobutyric Acid Sales Quantity by Type (2019-2030)
- 7.2 North America Hydroxyisobutyric Acid Sales Quantity by Application (2019-2030)
- 7.3 North America Hydroxyisobutyric Acid Market Size by Country
- 7.3.1 North America Hydroxyisobutyric Acid Sales Quantity by Country (2019-2030)
- 7.3.2 North America Hydroxyisobutyric Acid Consumption Value by Country (2019-2030)
- 7.3.3 United States Market Size and Forecast (2019-2030)
- 7.3.4 Canada Market Size and Forecast (2019-2030)
- 7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
- 8.1 Europe Hydroxyisobutyric Acid Sales Quantity by Type (2019-2030)
- 8.2 Europe Hydroxyisobutyric Acid Sales Quantity by Application (2019-2030)
- 8.3 Europe Hydroxyisobutyric Acid Market Size by Country
- 8.3.1 Europe Hydroxyisobutyric Acid Sales Quantity by Country (2019-2030)
- 8.3.2 Europe Hydroxyisobutyric Acid Consumption Value by Country (2019-2030)
- 8.3.3 Germany Market Size and Forecast (2019-2030)
- 8.3.4 France Market Size and Forecast (2019-2030)
- 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
- 8.3.6 Russia Market Size and Forecast (2019-2030)
- 8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
- 9.1 Asia-Pacific Hydroxyisobutyric Acid Sales Quantity by Type (2019-2030)
- 9.2 Asia-Pacific Hydroxyisobutyric Acid Sales Quantity by Application (2019-2030)
- 9.3 Asia-Pacific Hydroxyisobutyric Acid Market Size by Region
- 9.3.1 Asia-Pacific Hydroxyisobutyric Acid Sales Quantity by Region (2019-2030)
- 9.3.2 Asia-Pacific Hydroxyisobutyric Acid Consumption Value by Region (2019-2030)
- 9.3.3 China Market Size and Forecast (2019-2030)
- 9.3.4 Japan Market Size and Forecast (2019-2030)
- 9.3.5 South Korea Market Size and Forecast (2019-2030)
- 9.3.6 India Market Size and Forecast (2019-2030)
- 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
- 9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
- 10.1 South America Hydroxyisobutyric Acid Sales Quantity by Type (2019-2030)
- 10.2 South America Hydroxyisobutyric Acid Sales Quantity by Application (2019-2030)
- 10.3 South America Hydroxyisobutyric Acid Market Size by Country
- 10.3.1 South America Hydroxyisobutyric Acid Sales Quantity by Country (2019-2030)
- 10.3.2 South America Hydroxyisobutyric Acid Consumption Value by Country (2019-2030)
- 10.3.3 Brazil Market Size and Forecast (2019-2030)
- 10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
- 11.1 Middle East & Africa Hydroxyisobutyric Acid Sales Quantity by Type (2019-2030)
- 11.2 Middle East & Africa Hydroxyisobutyric Acid Sales Quantity by Application (2019-2030)
- 11.3 Middle East & Africa Hydroxyisobutyric Acid Market Size by Country
- 11.3.1 Middle East & Africa Hydroxyisobutyric Acid Sales Quantity by Country (2019-2030)
- 11.3.2 Middle East & Africa Hydroxyisobutyric Acid Consumption Value by Country (2019-2030)
- 11.3.3 Turkey Market Size and Forecast (2019-2030)
- 11.3.4 Egypt Market Size and Forecast (2019-2030)
- 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
- 11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
- 12.1 Hydroxyisobutyric Acid Market Drivers
- 12.2 Hydroxyisobutyric Acid Market Restraints
- 12.3 Hydroxyisobutyric Acid Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Hydroxyisobutyric Acid and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Hydroxyisobutyric Acid
- 13.3 Hydroxyisobutyric Acid Production Process
- 13.4 Industry Value Chain Analysis
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Hydroxyisobutyric Acid Typical Distributors
- 14.3 Hydroxyisobutyric Acid Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
Hydroxyisobutyric acid is commonly known as HIBA or Acetonic acid. Hydroxyisobutyric acid can be used for the synthesis of polymer, resins, adhesives, etc. and acts as a thickening agent in paint, or ink additive and cosmetics, emollient and skin conditioning agent in skin care and cosmetic products as well as in numerous pharmaceutical drugs. Nowadays, industries are shifting towards eco-friendly manufacturing and the renewable biomass is used for the production of many green chemicals through environment friendly processes. In future, Hydroxyisobutyric acid may be the raw material for chemical industries, which are now dependent on petroleum.
Hydroxyisobutyric acid possesses antimicrobial properties and hence, it is an important constituent in the synthesis of penicillin G salt. Hydroxyisobutyric acid is also used for the manufacturing of isochromanes, which is used in a wide variety of pharmacological activities. Hydroxyisobutyric acid is considered as a building block of polymer synthesis. Hydroxyisobutyric acid finds its applications as a processing agent for rubber, as an oiling agent for textiles, as a flavouring agent in food industry and lubricant for plastics. Hydroxyisobutyric acid is also used as an electrolyte for detection and separation of the metal ions by on-line cyclic voltammetry. Now, the production of polymers and other materials are mainly done from fossil feedstock i.e. petroleum-based hydrocarbons. 2-hydroxyisobutyric acid (2-HIBA) can be a substitute to these petroleum based hydrocarbons.
According to our (Global Info Research) latest study, the global Hydroxyisobutyric Acid market size was valued at US$ 8.6 million in 2023 and is forecast to a readjusted size of USD 11.3 million by 2030 with a CAGR of 4.0% during review period.
Based on the product type, the Hydroxyisobutyric Acid is primarily split into 50% HBA Solution, 98% HBA, etc.
Hydroxyisobutyric Acid market is sub-segmented into several major application, like Electronic Materials, Pharmaceuticals, etc.
This report is a detailed and comprehensive analysis for global Hydroxyisobutyric Acid market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Hydroxyisobutyric Acid market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2019-2030
Global Hydroxyisobutyric Acid market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2019-2030
Global Hydroxyisobutyric Acid market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (USD/Kg), 2019-2030
Global Hydroxyisobutyric Acid market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (USD/Kg), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hydroxyisobutyric Acid
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hydroxyisobutyric Acid market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsubishi Gas Chemical, Nippoh Chemicals, Xinan Chem, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hydroxyisobutyric Acid market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
50% HBA Solution
98% HBA Solution
Market segment by Application
Electronic Materials
Pharmaceuticals
Major players covered
Mitsubishi Gas Chemical
Nippoh Chemicals
Xinan Chem
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydroxyisobutyric Acid product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydroxyisobutyric Acid, with price, sales quantity, revenue, and global market share of Hydroxyisobutyric Acid from 2019 to 2024.
Chapter 3, the Hydroxyisobutyric Acid competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydroxyisobutyric Acid breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hydroxyisobutyric Acid market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydroxyisobutyric Acid.
Chapter 14 and 15, to describe Hydroxyisobutyric Acid sales channel, distributors, customers, research findings and conclusion.