Global Tributyrin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Tributyrin Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Tributyrin (also known as glyceride tributyrate), a neutral short-chain fatty acid triglyceride, is a stable and rapidly absorbed prodrug of Butyric Acid. Tributyrin is commonly used as a source of butyric acid in various industries, including food and pharmaceutical. Tributyrin diffuses through biological membranes and is metabolized by intracellular lipases, releasing effective butyrate directly into the cell in vivo. Tributyrin has potent proapoptotic, antiproliferative, and differentiation-inducing effects.

Market Overview:

The latest research study on the global Tributyrin market finds that the global Tributyrin market reached a value of USD 123.28 million in 2022. It’s expected that the market will achieve USD 201.68 million by 2028, exhibiting a CAGR of 8.55% during the forecast period.

Region Overview:

China had the highest growth rate of all regions

Company Overview:

PCG Completes Acquisition of Perstorp
Oct. 12 2022
Petronas Chemicals Group Berhad (PCG) has completed its acquisition of all shares of Swedish chemical producer Perstorp for $1.54 billion, based on an enterprise value of €2.3 billion.

The deal was announced in May, when Malaysia´s leading integrated chemicals producer, part of Petronas group, signed a Securities Purchase Agreement with Financière Forêt, a unit of European private equity firm PAI Partners, to clinch the deal.

At the time, PCG’s managing director and CEO, Mohd Yusri Mohamed Yusof, called Perstorp an “outstanding strategic fit with his company,” giving it access to attractive end-markets such as paints and coatings, construction, plastic additives, personal care and food, feed & nutrition.'

The Malaysian group intends to make Perstorp its platform for growth in specialty chemicals, leveraging the acquired company’s critical talent, know-how, technological platforms and proven customer channels it for eco-friendly and sustainable solutions.

Perstorp has a global sales presence and seven manufacturing sites in Europe, the US and China, with an eighth site due to be added in India in 2023. The company focuses on the three niche markets of Resins & Coatings, Engineered Fluids and Animal Nutrition.

Post-acquisition, PCG said it intends to continue preserving and growing the value of Perstorp. The plans include the expansion of the company´s global presence by strengthening its position in the Asia Pacific markets through PCG’s industrial know-how and its substantial customer base.

Segmentation Overview:

By type, than Purity 45% segment accounted for the largest share of market in 2022.

Application Overview:

By application, the Food and Beverage Industrial segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Tributyrin market covered in Chapter 3:

Zhejiang Esigma Biotechnology Co., Ltd.
Challenge Group
Vetagro
Guangdong Vtr Bio-Tech Co.,Ltd
Singao
HuBei Horwath Biotechnology
Perstorp

In Chapter 4 and Chapter 14.2, on the basis of types, the Tributyrin market from 2018 to 2029 is primarily split into:

Purity 45% and below
than Purity 45%

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Tributyrin market from 2018 to 2029 covers:

Hospitals
Food and Beverage Industrial

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)