Global Hydroxyisobutyric Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Hydroxyisobutyric Acid Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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.