Global Butyl Alcohol (1-Butanol) Market Growth 2023-2029
1-Butanol is a primary alcohol with a 4-carbon structure and the chemical formula is C4H9OH. Its isomers include isobutanol, 2-butanol and tert-butanol. 1-Butanol is produced mainly by fermentation and carbonyl synthesis. It is used as chemical intermediate in the production of butyl acetate, butyl acrylate, diethyl phthalate, as the solvents for paint and plasticizers, and as a potential fuel in vehicle.
LPI (LP Information)' newest research report, the “Butyl Alcohol (1-Butanol) Industry Forecast” looks at past sales and reviews total world Butyl Alcohol (1-Butanol) sales in 2022, providing a comprehensive analysis by region and market sector of projected Butyl Alcohol (1-Butanol) sales for 2023 through 2029. With Butyl Alcohol (1-Butanol) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Butyl Alcohol (1-Butanol) industry.
This Insight Report provides a comprehensive analysis of the global Butyl Alcohol (1-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 Butyl Alcohol (1-Butanol) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Butyl Alcohol (1-Butanol) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Butyl Alcohol (1-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 Butyl Alcohol (1-Butanol).
The global Butyl Alcohol (1-Butanol) market size is projected to grow from US$ 7117.2 million in 2022 to US$ 8276 million in 2029; it is expected to grow at a CAGR of 8276 from 2023 to 2029.
USA is the largest Butyl Alcohol (1-Butanol) market with about 27% market share. China is follower, accounting for about 24% market share.
The key players are BASF, DowDuPont, Oxea Group, Eastman Chemical Company, Formosa Plastic Group, China Nation Petroleum, Sinopec Group, Sasol Limited, Kyowa Hakko, The Kaiteki Company, Yankuang Group, Bohai Chemical Industry Co.,Ltd etc. Top 3 companies occupied about 40% market share.
This report presents a comprehensive overview, market shares, and growth opportunities of Butyl Alcohol (1-Butanol) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Biobutanol
Chemical Butanol
Segmentation by application
Fermentation
Chemical Synthsis
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.
BASF
DuPont
Oxea Group
Eastman Chemical Company
Formosa Plastic Group
China Nation Petroleum
Sinopec Group
Sasol Limited
Kyowa Hakko
The Kaiteki Company
Yankuang Group
Bohai Chemical Industry Co.,Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Butyl Alcohol (1-Butanol) market?
What factors are driving Butyl Alcohol (1-Butanol) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Butyl Alcohol (1-Butanol) market opportunities vary by end market size?
How does Butyl Alcohol (1-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.
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