N-Butanol Market Scope and Size by 2031
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.
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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
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 N-Butanol Market - By Application
1.3.2 N-Butanol Market - By End use industry
1.3.3 N-Butanol Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. N-BUTANOL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. N-BUTANOL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. N-BUTANOL MARKET - GLOBAL MARKET ANALYSIS
6.1. N-BUTANOL - GLOBAL MARKET OVERVIEW
6.2. N-BUTANOL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. N-BUTANOL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
7.1. OVERVIEW
7.2. APPLICATION MARKET FORECASTS AND ANALYSIS
7.3. BUTYL ACRYLATE
7.3.1. Overview
7.3.2. Butyl Acrylate Market Forecast and Analysis
7.4. BUTYL ACETATE
7.4.1. Overview
7.4.2. Butyl Acetate Market Forecast and Analysis
7.5. GLYCOL ETHERS
7.5.1. Overview
7.5.2. Glycol Ethers Market Forecast and Analysis
7.6. DIRECT- SOLVENT
7.6.1. Overview
7.6.2. Direct- Solvent Market Forecast and Analysis
7.7. PLASTICIZERS
7.7.1. Overview
7.7.2. Plasticizers Market Forecast and Analysis
7.8. OTHERS
7.8.1. Overview
7.8.2. Others Market Forecast and Analysis
8. N-BUTANOL MARKET - REVENUE AND FORECASTS TO 2028 - END USE INDUSTRY
8.1. OVERVIEW
8.2. END USE INDUSTRY MARKET FORECASTS AND ANALYSIS
8.3. VARNISHES
8.3.1. Overview
8.3.2. Varnishes Market Forecast and Analysis
8.4. PAINTS
8.4.1. Overview
8.4.2. Paints Market Forecast and Analysis
8.5. COATINGS
8.5.1. Overview
8.5.2. Coatings Market Forecast and Analysis
8.6. RESINS
8.6.1. Overview
8.6.2. Resins Market Forecast and Analysis
8.7. CAMPHOR
8.7.1. Overview
8.7.2. Camphor Market Forecast and Analysis
8.8. DYES
8.8.1. Overview
8.8.2. Dyes Market Forecast and Analysis
8.9. FATS VEGETABLE OILS
8.9.1. Overview
8.9.2. Fats Vegetable Oils Market Forecast and Analysis
8.10. WAXES
8.10.1. Overview
8.10.2. Waxes Market Forecast and Analysis
8.11. SHELLAC
8.11.1. Overview
8.11.2. Shellac Market Forecast and Analysis
8.12. RUBBERS
8.12.1. Overview
8.12.2. Rubbers Market Forecast and Analysis
8.13. ALKALOIDS
8.13.1. Overview
8.13.2. Alkaloids Market Forecast and Analysis
8.14. OTHERS
8.14.1. Overview
8.14.2. Others Market Forecast and Analysis
9. N-BUTANOL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America N-Butanol Market Overview
9.1.2 North America N-Butanol Market Forecasts and Analysis
9.1.3 North America N-Butanol Market Forecasts and Analysis - By Application
9.1.4 North America N-Butanol Market Forecasts and Analysis - By End use industry
9.1.5 North America N-Butanol Market Forecasts and Analysis - By Countries
9.1.5.1 Canada N-Butanol Market
9.1.5.1.1 Canada N-Butanol Market by Application
9.1.5.1.2 Canada N-Butanol Market by End use industry
9.1.5.2 Mexico N-Butanol Market
9.1.5.2.1 Mexico N-Butanol Market by Application
9.1.5.2.2 Mexico N-Butanol Market by End use industry
9.1.5.3 US N-Butanol Market
9.1.5.3.1 US N-Butanol Market by Application
9.1.5.3.2 US N-Butanol Market by End use industry
9.2. EUROPE
9.2.1 Europe N-Butanol Market Overview
9.2.2 Europe N-Butanol Market Forecasts and Analysis
9.2.3 Europe N-Butanol Market Forecasts and Analysis - By Application
9.2.4 Europe N-Butanol Market Forecasts and Analysis - By End use industry
9.2.5 Europe N-Butanol Market Forecasts and Analysis - By Countries
9.2.5.1 Germany N-Butanol Market
9.2.5.1.1 Germany N-Butanol Market by Application
9.2.5.1.2 Germany N-Butanol Market by End use industry
9.2.5.2 France N-Butanol Market
9.2.5.2.1 France N-Butanol Market by Application
9.2.5.2.2 France N-Butanol Market by End use industry
9.2.5.3 Italy N-Butanol Market
9.2.5.3.1 Italy N-Butanol Market by Application
9.2.5.3.2 Italy N-Butanol Market by End use industry
9.2.5.4 United Kingdom N-Butanol Market
9.2.5.4.1 United Kingdom N-Butanol Market by Application
9.2.5.4.2 United Kingdom N-Butanol Market by End use industry
9.2.5.5 Russia N-Butanol Market
9.2.5.5.1 Russia N-Butanol Market by Application
9.2.5.5.2 Russia N-Butanol Market by End use industry
9.2.5.6 Rest of Europe N-Butanol Market
9.2.5.6.1 Rest of Europe N-Butanol Market by Application
9.2.5.6.2 Rest of Europe N-Butanol Market by End use industry
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific N-Butanol Market Overview
9.3.2 Asia-Pacific N-Butanol Market Forecasts and Analysis
9.3.3 Asia-Pacific N-Butanol Market Forecasts and Analysis - By Application
9.3.4 Asia-Pacific N-Butanol Market Forecasts and Analysis - By End use industry
9.3.5 Asia-Pacific N-Butanol Market Forecasts and Analysis - By Countries
9.3.5.1 Australia N-Butanol Market
9.3.5.1.1 Australia N-Butanol Market by Application
9.3.5.1.2 Australia N-Butanol Market by End use industry
9.3.5.2 China N-Butanol Market
9.3.5.2.1 China N-Butanol Market by Application
9.3.5.2.2 China N-Butanol Market by End use industry
9.3.5.3 India N-Butanol Market
9.3.5.3.1 India N-Butanol Market by Application
9.3.5.3.2 India N-Butanol Market by End use industry
9.3.5.4 Japan N-Butanol Market
9.3.5.4.1 Japan N-Butanol Market by Application
9.3.5.4.2 Japan N-Butanol Market by End use industry
9.3.5.5 South Korea N-Butanol Market
9.3.5.5.1 South Korea N-Butanol Market by Application
9.3.5.5.2 South Korea N-Butanol Market by End use industry
9.3.5.6 Rest of Asia-Pacific N-Butanol Market
9.3.5.6.1 Rest of Asia-Pacific N-Butanol Market by Application
9.3.5.6.2 Rest of Asia-Pacific N-Butanol Market by End use industry
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa N-Butanol Market Overview
9.4.2 Middle East and Africa N-Butanol Market Forecasts and Analysis
9.4.3 Middle East and Africa N-Butanol Market Forecasts and Analysis - By Application
9.4.4 Middle East and Africa N-Butanol Market Forecasts and Analysis - By End use industry
9.4.5 Middle East and Africa N-Butanol Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa N-Butanol Market
9.4.5.1.1 South Africa N-Butanol Market by Application
9.4.5.1.2 South Africa N-Butanol Market by End use industry
9.4.5.2 Saudi Arabia N-Butanol Market
9.4.5.2.1 Saudi Arabia N-Butanol Market by Application
9.4.5.2.2 Saudi Arabia N-Butanol Market by End use industry
9.4.5.3 U.A.E N-Butanol Market
9.4.5.3.1 U.A.E N-Butanol Market by Application
9.4.5.3.2 U.A.E N-Butanol Market by End use industry
9.4.5.4 Rest of Middle East and Africa N-Butanol Market
9.4.5.4.1 Rest of Middle East and Africa N-Butanol Market by Application
9.4.5.4.2 Rest of Middle East and Africa N-Butanol Market by End use industry
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America N-Butanol Market Overview
9.5.2 South and Central America N-Butanol Market Forecasts and Analysis
9.5.3 South and Central America N-Butanol Market Forecasts and Analysis - By Application
9.5.4 South and Central America N-Butanol Market Forecasts and Analysis - By End use industry
9.5.5 South and Central America N-Butanol Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil N-Butanol Market
9.5.5.1.1 Brazil N-Butanol Market by Application
9.5.5.1.2 Brazil N-Butanol Market by End use industry
9.5.5.2 Argentina N-Butanol Market
9.5.5.2.1 Argentina N-Butanol Market by Application
9.5.5.2.2 Argentina N-Butanol Market by End use industry
9.5.5.3 Rest of South and Central America N-Butanol Market
9.5.5.3.1 Rest of South and Central America N-Butanol Market by Application
9.5.5.3.2 Rest of South and Central America N-Butanol Market by End use industry
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. N-BUTANOL MARKET, KEY COMPANY PROFILES
11.1. BASF
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. BASF-PETRONAS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. CHEMICALS SDN. BHD.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. EASTMAN CHEMICAL COMPANY
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. GRUPA AZOTY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. INEOS OXIDE LTD
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. KH NEOCHEM
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. OXEA GMBH
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. PERSTORP HOLDING AB
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SASOL LTD
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
11.11. SAUDI KAYAN PETROCHEMICAL COMPANY
11.11.1. Key Facts
11.11.2. Business Description
11.11.3. Products and Services
11.11.4. Financial Overview
11.11.5. SWOT Analysis
11.11.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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