N-Butanol Market Introduction and Overview
According to SPER market research, ‘n-Butanol Market Size- By Grade, By Feedstock, By Application, By End User – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global n-Butanol Market is predicted to reach 10.11 billion by 2034 with a CAGR of 6.16%.
N-Butanol, often referred to as 1-butanol, is an alcohol with the molecular formula C₄H₉OH. Naturally produced as a minor by-product of the fermentation of carbohydrates, it is a four-carbon straight-chain alcohol. A colourless liquid, n-Butanol has a strong alcoholic smell and is extremely combustible. It is only marginally soluble in water, although it is soluble with a wide range of organic solvents. The substance is frequently utilized as the solvent in the textile, adhesive, plastic, and coatings industries.
Restraints:Many challenges could prevent the market for n-Butanol from expanding. Since n-Butanol is made from petrochemical feedstock, it is vulnerable to changes in the price of crude oil, which is a major problem. Environmental laws also pose a problem since they force manufacturers to use more sustainable practices due to tighter limitations on volatile organic compound (VOC) emissions. Another issue is the growing competition from bio-based Butanol, which is a challenging substitute for conventional petrochemical-based manufacturing despite its promise.
Scope of the Report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered
By Grade, By Feedstock, By Application, By End User.
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa.
Companies Covered
BASF SE, Eastman Chemical Company, Mitsubishi Chemical Corporation, Green Biologics Limited, Formosa Plastics Corporation, Lihuayi Weiyuan Chemical Co., Ltd, OQ Chemicals, OXEA Corporation, Perstorp Oxo AB.
n-Butanol Market Segmentation:
By Grade:Based on the Grade, Global n-Butanol Market is segmented as; Industrial Grade, Commercial Grade.
By Feedstock:Based on the Feedstock, Global n-Butanol Market is segmented as; Sugarcane, Corn, Cellulosic Biomass, Natural Gas.
By Application:Based on the Application, Global n-Butanol Market is segmented as; Butyl Acrylate, Butyl Acetate, butyl carboxylates, Glycol Ethers, Direct Solvent, Plasticizers.
By End User:Based on the End User, Global n-Butanol Market is segmented as; Paints and Coatings, Chemical Manufacturing, Automotive, Construction, Textiles, Printing Inks, Pharmaceuticals.
By Region:This research also includes data for North America, Latin America, Asia-Pacific, Europe and Middle East & Africa.
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