N-Butanol Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

N-butanol is a clear, colorless liquid that belongs to a group of chemicals known as alcohols. It is used as a solvent and as an intermediate in the manufacture of other chemicals, including paints, adhesives, and plastics. N-butanol is also used in the production of glycol ethers, which are solvents used in the production of inks, paints, and other products. The main advantage of N-butanol is its high solvency and low volatility, which makes it ideal for a wide range of applications. The main end-users of N-butanol are the paint and coating industry, pharmaceuticals, and the personal care industry. In terms of market outlook, the N-butanol market is expected to experience notable growth over the next few years.

MARKET DYNAMICS

N-butanol is directly linked with the construction industry as it is applied as a solvent in industrial and architectural paints and coatings. Therefore, the growth of the construction industry is a significant factor driving the growth of the n-butanol market. Rapid industrialization, coupled with rising disposable income has increased the demand for paints, coatings, varnishes, resins, etc. and has driven the market towards growth. However, the requirement of small scale capacity plants to maintain low economies of scale, together with fluctuating raw material prices acts as an obstruction in the paths of the development of the n-butanol market. A rapid increase in the use of n-butanol as a biofuel and development of the automotive & textile industry is creating ample opportunities for the growth of the n-butanol market in the years to come.

MARKET SCOPE

The "Global N-Butanol Market Analysis to 2031" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the n-butanol market with detailed market segmentation by application, end use industry and geography. The global n-butanol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading n-butanol players and offers key trends and opportunities in the market.

MARKET SEGMENTION

The global n-butanol market is segmented on the basis of application, end use industry and geography. On the basis of application, the market classifies into butyl acrylate, butyl acetate, glycol ethers, direct solvent, plasticizers, and others. The market on the basis end use industry is broken into varnishes, paints, coatings, resins, camphor, dyes, fats vegetables oils, waxes, shellac, rubbers, alkaloids, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the n-butanol market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The n-butanol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the n-butanol market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the n-butanol market in these regions.

MARKET PLAYERS

The reports cover key developments in the n-butanol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from n-butanol market are anticipated to lucrative growth opportunities in the future with the rising demand for n-butanol in the global market. Below mentioned is the list of few companies engaged in the n-butanol market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the n-butanol market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

• BASF
• Mitsubishi Chemical Corporation
• Eastman Chemical Company
• Grupa Azoty
• INEOS Oxide Ltd
• KH Neochem
• OXEA GmbH
• Perstorp Holding AB
• Sasol Ltd
• Saudi Kayan Petrochemical Company

N-Butanol Report Scope