N Butanol Market Overview
N-Butanol Market accounted for US$ 3.4 billion in 2022 and is estimated to be US$ 9.7 billion by 2032 and is anticipated to register a CAGR of 11.1 %.
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 Drivers & Restraints
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. 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 Segmentations & Regional Insights
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:
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.
N Butanol Market 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 |
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
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Germany
- UK
- FranceRussia
- Italy
- Rest of Europe
- U.S.
- Canada
- Middle East & Africa
N Butanol Market Competitive Landscape & Key Players
The key players operating the N-Butanol Market includes
- 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.
- 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.
- DOW Chemical Company One of the three largest chemical manufacturers in the world, Dow manufactures plastics, chemicals and agricultural products.
- 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.
- 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
- Galaxy Chemicals is a renowned manufacturer, dealer/distributor and supplier of a wide range of industrial products like Acrylic Thinner, Cleaning Thinner.
- 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.
- 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.
- 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.
- PetroChina is a major oil and gas producer and one of the leading international oil distributors in China.
N Butanol Market Recent News
- 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.
N Butanol Market Company Profile
- BASF
- OQ Chemicals
- DOW Chemical Company
- Mitsubishi Chemical Company
- Eastman Chemical Company
- Galaxy Chemicals
- KH Neochem Co. Ltd
- SABIC
- Sasol Limited
- Petro china
N Butanol Market Highlights
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.