N-Butanol Market, By Application (Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvents, Plasticizers), By End-Use industry (Agriculture, Building & Construction, Paints & Coatings, Marine, Pharmaceutical, Chemical, Personal Care ) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI497222 | Publish Date: March 2024 | No. of Pages: 170

N Butanol Market Overview

1-Butanol, also known as butan-1 or n-butanol, is a primary alcohol with the chemical formula C4H9OH and a linear structure, the isomers of 1-butanol are isobutanol, butan-2-ol and tert-butanol. The term unsubstituted butanol usually refers to the straight chain isomer with an alcohol functional group on the terminal carbon, also known as n-butanol or 1-butanol, while the straight chain isomer with an alcohol at the internal carbon is se-butanol or 2-butanol. N-Butanol is produced by various Clostridium species through the acetone butanol ethanol fermentation process with a ratio of 1:3:6 and titers up to 13g/l. n-Butanol is used in solvents for paints, coatings, varnishes, fats, oils, waxes, rubber and plasticizers, normal butanol is a 4-carbon, straight-chain alcohol, used as a solvent and as a raw material Coating resins, butyl acrylate, butyl acetates, glycol ethers etc. and it is also used in plastics, polymers, lubricants, brake fluids and synthetic rubber. It can be used as a fuel source, environmentally friendly and powerful solvent for cleaning and polishing products. Butanol is produced by solvent-producing bacteria during fermentation, commonly referred to as acetone, butanol, and ethanol fermentation. Over the years, n-butanol has increased its use as an artificial food flavoring in the food and beverage industry, increasing use of n-butanol in several end-use applications is driving the global n-butanol market over the forecast period.

N Butanol Market Dynamics

Increasing use of N-butanol in multiple applications and properties such as good reactivity and high solubility are driving growth in the building and construction sector and increasing demand for coatings in various end-use industries and growth in infrastructure are key factors. Global N-butanol market during the forecast period. Rapid industrialization, along with increasing disposable income has increased the demand for paints, coatings, varnishes, resins, etc. and has driven the market to growth. However, fluctuating prices of raw materials including propylene and syngas along with environmental regulations related to N-butanol are expected to restrain industry growth next year and sustaining raw material prices are the major challenges hampering the market growth.

Technological advancement

Manufacturers involved in the N-Butanol market are developing advanced versions of their products due to new age technological advancements. Key N-Butanol players are investing more in power systems and creating more cost-effective technologies that are positively impacting the bio-polyamides market. Technological developments and research advancement through CRISPR and bio-engineering large-scale processing of bio-butanol using fermentation are likely to be possible in the near future. In a July 2022 study published in the Journal of Chromatography A, using fast gas chromatography proton transfer reaction mass spectrometry technology, Prof. Sheng Chengyin and associate Prof. Zhu Xue of the Chinese Hefei Institute of Physical Science whose isomer, tert-butanol, is toxic and potentially harmful to the human body. In February 2020, DOW Chemical Company selected LP SELECTOR 10 technology for butanol production at its manufacturing plant, fueling market growth and expansion.

N Butanol Market Segmentation

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

The N-Butanol Market is segmented based on application, end-use industry and region.

N-Butalno Market, By Application

On the basis of application, the N-Butanol Market is segmented into Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvents, and Plasticizers. The N-Butanol produced is used for the production of butyl acrylate. Therefore, the increasing demand for butyl acrylate also increases the flexibility, softness and durability of coating resins, it is widely used in surface coatings, textiles, adhesives, links and many other applications. Butyl acrylate is used to make homopolymers and copolymers for use in water-based industrial and architectural paints.

N-Butanol Market, By End Use Industry

On the basis of end-use industry, the target market is classified into agriculture, building and construction, paints and coatings, marine, pharmaceutical, chemical and personal care. N-Butanol is used as a solvent for paints, coatings, varnishes, fats, oils, waxes, rubber and plastics.

Regional Insights:

Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.

On region the N-Butanol Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia-Pacific dominates the n-butanol market due to increasing industrialization and automotive sector. The demand for n-butanol in the region is high due to the presence of large industrial base for all application segments such as butyl acetate, butyl acrylate, glycol ether and direct solvents.

Report Scope:

Attribute

Details

Base year for estimation

2022

Forecast period

2022 – 2032

Market representation

Revenue in USD Billion & CAGR from 2022 to 2032

Market Segmentation

By Application - Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvents, Plasticizers

By End-Use industry - Agriculture, Building & Construction, Paints & Coatings, Marine, Pharmaceutical, Chemical, Personal Care

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

 

Recent Development:

  • In August 2022, ZOU Xue of the Hefei Institute of Physical Science of the Chinese Academy of Sciences successfully determined butanol in latex paint by fast gas chromatography proton transfer reaction mass spectrometry technology. Proton transfer reaction mass spectroscopy and gas chromatography mass spectrometry are two common VOCs. Search technology.
  • In November 2022, Researchers in China have developed a new electrocatalyst that yields ethanol, acetone, and n-butanol as major products with an overall C2-4 faradic efficiency of about 49% – 0.8.

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032. For the purpose of this study, has segmented the N-Butanol Market report based on application, end-use industry and region:

N-Butanol Market, By Application:

  • Butyl Acrylate
  • Butyl Acetate
  • Glycol Ethers
  • Direct Solvents
  • Plasticizers

N-Butanol Market, By End-Use Industry:

  • Agriculture
  • Building & Construction
  • Paints & Coatings
  • Marine
  • Pharmaceutical
  • Chemical
  • Personal Care

N-Butanol Market, By Region:

      • North America
          • U.S.
          • Canada
      • Europe
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

N Butanol Market Key Players

The key players operating the N-Butanol Market includes

  1. BASF is one of the world's leading producers of oxygenated solvents solvents and alcohols. Whether they are used in a reaction or as process chemicals, solvents can be used in many different ways. They play an important role in the automotive and construction industries, as well as in the manufacture of pharmaceuticals or modern chip and electronics components.
  2. OQ Chemicals is a global leader in the manufacture and sale of Oxo Intermediates and Oxo Performance Chemicals. The company manufactures aldehydes, alcohols, amines, carboxylic acids, polyols and esters used in various industry segments such as paints and coatings, lubricants and functional fluids, personal care, flexible packaging, etc.
  3. DOW Chemical Company One of the three largest chemical manufacturers in the world, Dow manufactures plastics, chemicals and agricultural products.
  4. Mitsubishi Chemical Company is one of the largest chemical companies, producing petrochemicals, carbon products, agrochemicals, pharmaceuticals, information and electronics-related products, plastic-based products, specialty chemicals, and synthetic or chemical fibers.
  5. Eastman Chemical Company is an American company primarily engaged in the chemical industry, the company manufactures a wide range of precursors, chemicals and fibers, the company was founded in 1920
  6. Galaxy Chemicals is a renowned manufacturer, dealer/distributor and supplier of a wide range of industrial products like Acrylic Thinner, Cleaning Thinner.
  7. KH Neochem Co., Ltd. It is a Yokkaichi plant that produces industrial alcohols, acetates, ketones and other solvents as well as plasticizer raw materials. In addition, it produces fine chemicals including organic acids, specialty polymers, lubricant raw materials and high purity solvents for electronic materials.
  8. SABIC, established by a royal decree in 1976, is the world's largest petrochemicals producer. SABIC is a public company based in Riyadh, Saudi Arabia.
  9. Sasol Limited is an integrated energy and chemical company based in Sandton, South Africa, the company develops and commercializes technologies including synthetic fuel technology and heterogeneous liquid fuels, chemicals and electricity.
  10. PetroChina is a major oil and gas producer and one of the leading international oil distributors in China.

N Butanol Market Company Profile

  • BASF*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • OQ Chemicals
  • DOW Chemical Company
  • Mitsubishi Chemical Company
  • Eastman Chemical Company
  • Galaxy Chemicals
  • KH Neochem Co. Ltd
  • SABIC
  • Sasol Limited
  • Petro china

 “*” marked represents similar segmentation in other categories in the respective section

N Butanol Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Applications
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Applications
      • Secondary Applications
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for medical carts Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Application
      • Market Snippet, By End-Use Industry
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. N-Butanol Market, By Application
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Butyl Acrylate
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Butyl Acetate
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Glycol Ethers
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Direct Solvents
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Plasticizers
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  6. N-Butanol Market, By End-Use Industry, 2022 – 2032, (US$ Bn)
    • Overview                                      
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Segment Trends
    • Agriculture
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Building & Construction
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Paints  & Coatings
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Marine
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Pharmaceutical
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Chemical
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
    • Personal Care
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2022 – 2032
  7. N-Butanol Market, By Region, 2022– 2032, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), 2022 – 2032
      • Y-o-Y Growth Analysis (%), 2022 – 2032
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • UK
        • France
        • Germany
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Bn), By Application, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By End-Use Industry, 2022 – 2032
      • Market Size and Forecast (US$ Bn), By Country, 2022 – 2032
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  8. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  9. Company Profiles
  • BASF
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • OQ Chemicals
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • DOW Chemical Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mitsubishi Chemical Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Eastman Chemical Company
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Galaxy Chemicals
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • KH Neochem Co. Ltd
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • SABIC
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Sasol Limited
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Petro china
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

N-Butanol Market is segmented into basis of on application, end-use industry and region.

Increasing use of N-butanol in multiple applications and properties such as good reactivity and high solubility are driving growth in the building and construction sector and increasing demand for coatings in various end-use industries and growth in infrastructure are key factors.

Asia-Pacific dominates the n-butanol market due to increasing industrialization and automotive sector. The demand for n-butanol in the region is high due to the presence of large industrial base for all application segments such as butyl acetate, butyl acrylate, glycol ether and direct solvents.

Key players operating in the N-Butanol Market includes BASF, OQ Chemicals, DOW Chemical Company, Mitsubishi Chemical Company, Eastman Chemical Company, Galaxy Chemicals, KH Neochem Co. Ltd, SABIC, Sasol Limited, Petro china.