Global Tert-Butanol Market Report and Forecast 2024-2032

Global Tert-Butanol Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the global tert-butanol market is projected to grow at a CAGR of 3% between 2024 and 2032. Aided by the increasing use as a solvent in chemical reactions and the diversifying applications of tert-butanol in multiple industries, the market is expected to grow significantly by 2032.

Tert-Butanol, or 2-methyl-2-propanol, is a tertiary alcohol renowned for its versatility in chemical reactions. Structurally different from its isomers, tert-butanol has a distinct aroma similar to that of camphor and is miscible with water, alcohols, and ethers. It primarily finds its role in the production of other chemicals, particularly in the organic synthesis of various specialty chemicals.

One key driver steering the global tert-butanol market growth is its indispensable role as a solvent in pharmaceuticals. With the global health industry under continual expansion, especially with the pharmaceutical boom in recent years, the demand for efficient solvents like tert-butanol has escalated. The compound is known to boost the effectiveness of certain pharmaceutical products, which fortifies its stature in the industry.

Furthermore, the surge in the paints and coatings sector, where tert-butanol acts as a solvent, has boosted the tert-butanol market demand. As urbanisation sprawls and construction activities rise, the demand for paints and coatings sees a concomitant growth, thereby pushing the tert-butanol market upwards.

In the realm of synthetic rubbers and plastics, tert-butanol acts as an intermediate. The mushrooming automobile and manufacturing industries, with their relentless demand for synthetic materials, indirectly contribute to the growth of the tert-butanol market. Moreover, tert-butanol’s role in producing methyl methacrylate, a component in making polymers for Plexiglas and Lucite, further bolsters the tert-butanol market growth.

Adding to its diverse portfolio, the compound is also a crucial player in the cosmetic industry. Utilised as a fragrance enhancer and solvent, tert-butanol’s unique properties make it a sought-after component in cosmetics formulation. As global spending on cosmetics and personal care products observes an uptick, the consequential demand for tert-butanol is undeniable.

Furthermore, the growth trajectory of tert-butanol seems primarily upward-looking. Its multiplicity in applications, combined with growing industries that rely on it, ensures that the demand for tert-butanol will remain robust. With research continually probing into newer applications of the compound and industries evolving to become more efficient, the tert-butanol market is well-positioned for growth, promising lucrative opportunities for stakeholders in the years to come.

Market Segmentation

The market can be divided based on application and region.

Market Breakup by Application
  • Solvents & Intermediates
  • Ethanol Denaturant
  • MTBE & ETBE
  • Methylmethacrylate
  • Others
Market Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global tert-butanol market. Some of the major players explored in the report by Expert Market Research are as follows:
  • LyondellBasell Industries N.V.
  • Evonik Industries AG
  • ZiBo Haizheng Chemical Co.,Ltd
  • Lotte Chemical Titan Holding Berhad
  • Wanhua Chemical Group Co., Ltd.
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Tert-Butanol Market Analysis
8.1 Key Industry Highlights
8.2 Global Tert-Butanol Historical Market (2018-2023)
8.3 Global Tert-Butanol Market Forecast (2024-2032)
8.4 Global Tert-Butanol Market by Application
8.4.1 Solvents & Intermediates
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Ethanol Denaturant
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 MTBE & ETBE
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Methylmethacrylate
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Tert-Butanol Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Tert-Butanol Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Tert-Butanol Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Tert-Butanol Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Tert-Butanol Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Tert-Butanol Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 LyondellBasell Industries N.V.
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Evonik Industries AG
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 ZiBo Haizheng Chemical Co.,Ltd
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Lotte Chemical Titan Holding Berhad
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 Wanhua Chemical Group Co., Ltd.
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.3.6 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Tert-Butanol Market: Key Industry Highlights, 2018 and 2032
2. Global Tert-Butanol Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Tert-Butanol Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Tert-Butanol Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Tert-Butanol Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Tert-Butanol Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Tert-Butanol Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Tert-Butanol Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Tert-Butanol Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Tert-Butanol Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Tert-Butanol Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Tert-Butanol Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Tert-Butanol Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Tert-Butanol Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Tert-Butanol Market Forecast: Breakup by Country (USD Million), 2024-2032
16. North America Historical Price Trends and Forecast 2018-2028
17. Europe Historical Price Trends and Forecast 2018-2028
18. Asia Pacific Historical Price Trends and Forecast 2018-2028
19. Latin America Historical Price Trends and Forecast 2018-2028
20. Middle East and Africa Historical Price Trends and Forecast 2018-2028
21. Major Exporting Countries by Value
22. Major Importing Countries by Value
23. Major Exporting Countries by Volume
24. Major Importing Countries by Volume
25. Global Tert-Butanol Market Structure

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