Hydroxyisobutyric Acid Market Explores New Growth Opportunities By 2017-2027

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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.

Hydroxyisobutyric Acid Market Explores New Growth

Opportunities By 2017-2027

May 2017

Report Id : REP-GB-3437

Status : Ongoing

Category : Chemicals and Materials

©2015 Future Market Insights, All Rights Reserved


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Hydroxyisobutyric Acid Market

Hydroxyisobutyric Acid Market Explores New Growth Opportunities By 2017-2027

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 ofisochromanes,

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 online

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. Now, it is being used as a pharmaceutical intermediary and

complex-forming agent for actinide heavy metals and lanthanide.

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Hydroxyisobutyric Acid Market

Hydroxyisobutyric Acid Market:Market Dynamics

The need for sustainable chemistry boosts the demand for green chemicals as well as clean tech solutions

and promote the industry to search for bio-based compounds, this in turn, drives the market for

Hydroxyisobutyric acid. At present, bio-isomerization process is the process employed for the

biotechnological production of 2-HIBA with renewable carbon resources.

Moreover, lack of awareness and lack of feasible biotechnological route to Hydroxyisobutyric acid can act

as restraints to this market. Since a long time, inefficient biohydrolysis of acetone cyanohydrin as a

partially biotechnological method was known, however, recently, developments such as, biooxidation

of tert-butanol to 2-HIBA has been carried out successfully. Production of 2-HIBA at industrial scale would

be a process starting from renewable resources.

Hydroxyisobutyric Acid Market:Market Segmentation

Segmentation of Hydroxyisobutyric Acid market can be doneon the basis of end-use industry as;

• Pharmaceuticalindustry

• Healthcare industry

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Hydroxyisobutyric Acid Market

Cosmetics industry

Paint industry

Plasticandpolymerindustry

Others

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Segmentation of Hydroxyisobutyric Acid market can be doneon the basis of Type as:

• Alpha–HydroxybutyricAcid(2-hydroxybutyricacid)

• Beta–HydroxybutyricAcid(3-hydroxybutyricacid)

• D-3-hydroxybutyricacid

• L-3-hydroxybutyricacid.

• Gamma – Hydroxybutyric Acid (4 - hydroxybutyric acid)

©2015 Future Market Insights, All Rights Reserved 6


Hydroxyisobutyric Acid Market

Segmentation of Hydroxyisobutyric Acid market can be doneon the basis of application as;

• Processing agent

• Adhesives

• Thickening agent

• Lubricant

• Electrolyte

• Oiling agent

• Others

Hydroxyisobutyric Acid Market: Regional Outlook

Asia Pacific holds the major share of the global Hydroxyisobutyric Acid market owing to the growth in the

end user industries such as polymer industry, cosmetic industry and pharmaceutical industry, mainly in

China and India, which increased the demand for Hydroxyisobutyric Acid in this region.

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Hydroxyisobutyric Acid Market

Asia Pacific is followed by Europe and North America, due to the significant presence of end user

industries, chemical laboratories and chemical companies as well as the initiatives taken by governments

and federal agencies to produce green chemicals and clean tech solutions, which are expected to

influence the market growth of Hydroxyisobutyric acid over the forecast period.

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Hydroxyisobutyric Acid Market: Market Participants

Some of the examples of market participants in the global Hydroxyisobutyric Acid market, identified

across the value chain are

• Alfa Aesar, Thermo Fisher Scientific

• Aldlab Chemicals, LLC

• Alfa Chemistry

• American Custom Chemical Corporation

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Order a free sample

• AK Scientific Inc

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