Global Isobutanol Market 2024-2028
The isobutanol market is forecasted to grow by USD 375.5 mn during 2023-2028, accelerating at a CAGR of 5.09% during the forecast period. The report on the isobutanol market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for coatings in automotive sector, advent of innovative chemical distribution channels, and growing demand for non-woven medical textiles.
Technavio's isobutanol market is segmented as below:
- By Application
- Solvent
- Intermediate for glycol ethers and esters
- Textile
- Others
- By Product
- Bio-based isobutanol
- Synthetic isobutanol
- By Geographical Landscape
- APAC
- Europe
- North America
- Middle East and Africa
- South America
This study identifies the rising rate of industrialization in emerging economies as one of the prime reasons driving the isobutanol market growth during the next few years. Also, growing demand for bio-based chemicals and rise in number of mergers and acquisitions will lead to sizable demand in the market.
The report on the isobutanol market covers the following areas:
- Isobutanol market sizing
- Isobutanol market forecast
- Isobutanol market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading isobutanol market vendors that include Andhra Petrochemicals Ltd., BASF SE, Bharat Petroleum Corp. Ltd., BP Plc, DhanLaxmi Organics and Chemicals, Dow Inc., Eastman Chemical Co., Formosa Plastics Group, Gevo Inc., Grupa Azoty SA, Hi Tech Chemicals, INEOS AG, Merck KGaA, Mitsubishi Chemical Group Corp., Niksan Pharmaceutical, OQ SAOC, PETRONAS Chemicals Group Berhad, PJSC SIBUR Holding, Sasol Ltd., and Somu Organo Chem Pvt. Ltd.. Also, the isobutanol market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.