Global 2-Butanol Market Growth 2023-2029

Global 2-Butanol Market Growth 2023-2029

2-Butanol, or sec-butanol, is an organic compound with formula CH3CH(OH)CH2CH3. This secondary alcohol is a flammable, colorless liquid that is soluble in three parts water and completely miscible with organic solvents. It is produced on a large scale, primarily as a precursor to the industrial solvent methyl ethyl ketone. 2-Butanol is chiral and thus can be obtained as either of two stereoisomers designated as (R)-(−)-2-butanol and (S)-(+)-2-butanol. It is normally encountered as a 1:1 mixture of the two stereoisomers — a racemic mixture.

LPI (LP Information)' newest research report, the “2-Butanol Industry Forecast” looks at past sales and reviews total world 2-Butanol sales in 2022, providing a comprehensive analysis by region and market sector of projected 2-Butanol sales for 2023 through 2029. With 2-Butanol sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 2-Butanol industry.

This Insight Report provides a comprehensive analysis of the global 2-Butanol landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 2-Butanol portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global 2-Butanol market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 2-Butanol and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 2-Butanol.

The global 2-Butanol market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for 2-Butanol is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for 2-Butanol is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for 2-Butanol is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key 2-Butanol players cover ExxonMobil Chemical, ZiBo Haizheng Chemical, Xinjiang Dushanzi TianLi High & New Tech and Zhejiang Xinhua CHEMICAL, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of 2-Butanol market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
98% Purity
99% Purity

Segmentation by application
Chemical Intermediates
Industrial Solvent
Lubricant Additives
Paint
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ExxonMobil Chemical
ZiBo Haizheng Chemical
Xinjiang Dushanzi TianLi High & New Tech
Zhejiang Xinhua CHEMICAL

Key Questions Addressed in this Report

What is the 10-year outlook for the global 2-Butanol market?

What factors are driving 2-Butanol market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do 2-Butanol market opportunities vary by end market size?

How does 2-Butanol break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.