N-Butanol Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Grade (Industrial Grade v/s Pharmaceutical Grade), By Application (Butyl Acetate, Butyl Acrylate, Glycol Ethers, Direct Solvent, Plasticizers, and Others), By Region and Competition

  • Industry : Chemicals
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Global N-butanol market is anticipated to increase at an impressive rate through 2028. N-Butanol is an alcohol manufactured by processing petrochemical or fermentation of sugars obtained from corn and is also known as 1 butanol or butyl alcohol. It is a primary alcohol having a colorless liquid of standard volatility and fruit-like odor. Due to its characteristic, n-Butanol is used as a raw material for paint and coating resins, butyl carboxylates such as butyl acrylate, butyl acetate, and glycol ethers.

Growing demand for N-butanol from various end user industries such as paints & coatings, chemical and petrochemical, textile, agriculture, building & construction, pharmaceutical, and personal care for their application is expected to drive the growth of global N-butanol market. Apart from these, growing use of N-butanol as raw materials in different products like fuels, green buildings, and others further increase the demand for N-butanol, thereby driving the market growth. According to reports, butyl alcohol was the world's 2563rd most traded product worldwide in 2020, which holds 0.003% of world trade. Furthermore, government policies over trade, such as free trade agreements, bilateral agreements, and regional group trade agreements, promote the import and export of raw materials that propel market growth. Thus, it is expected that the global n-Butanol market is going to rise in the projected year.

Rising Demand from Pharmaceutical Sector is Driving the Market Growth

Growing demand for the applications of butyl alcohol, such as butyl acrylate and glycol ethers, is expected to propel the demand for n-Butanol. Butyl acrylates are widely used in pharmaceutical grade for artificial eyes, dentures, and surgical prostheses. Owing to its characteristics, it is commonly used in manufacturing pharmaceuticals, in microscopy for preparing paraffin embedding materials, and in veterinary medicine as a bactericide. According to studies, 15 % of total deaths in lower-middle-income countries happen because of inadequate quality treatment and medical care. Hence, to improve the healthcare situation, the demand for different medical and surgical products is going to upsurge as government efforts increase to improve the situation. Therefore, it is expected that the demand for n-Butanol is going to rise in the forecast period of 2028.

Growing Demand for Industrial Applications is Going to Propel the Market Growth

N-Butanol is primarily used as an industrial intermediary that is used to make different products like dyes, lacquers, resins, and varnishes. The broad melting and boiling points of N-butanol make it useful for the production of chemicals which are required to cool down entire machinery. Butyl alcohol is used to make rubber cement, safety glass, rayon, photographic film, motion picture, water resistance cloth, artificial leather, and raincoats. Moreover, it has wide application in agriculture for the production of herbicides and other essential agrochemicals. According to the report, the world trade of n-Butanol was amounted to around USD 550 million by value in 2020. In food industries, n-Butanol is used as a dehydrating agent in perfumes and fruit essences and as a flavoring agent in foods and beverages. Hence, owing to its broad application in every end-user industry, it is expected that demand for n-Butanol is going to increase in the projected period.

Increasing Demand for Eco-Friendly Butanol to Drive the Market Growth

Growing demand for green fuel worldwide in order to achieve sustainability goals and ensure optimum and reasonable use of the resources. Owing to n-butanol characteristics, it is a more environmentally friendly, cleaner-burning alternative that can be employed in diesel engines without alteration. Moreover, it can help by reducing greenhouse gas emissions by 86%. Therefore, n-Butanol helps in reducing pollution and helps people to achieve sustainable development. It is expected that there will be a lucrative market for n-Butanol in the future as a fuel.

Recent Development

In September 2020, researchers discovered an implementation of a novel process for n-butanol production through 2-oxoglutarate. Through this research, they explain that enumeration algorithms can become extensive in the spectrum of butanol manufacturing ways.


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Market Segmentation

Global N-Butanol market is based on grade and application. Based on grade, the market is divided into industrial grade v/s pharmaceutical grade. Based on application, the market is divided into butyl acetate, butyl acrylate, glycol ethers, direct solvent, plasticizers, and others.

Market Players

Mitsubishi Chemical Corporation, Dow Chemical Company, BASF SE, OXEA GmbH, Sasol Ltd, KH Neochem Co Ltd, China National Petroleum Corporation (CNPC), INEOS Oxide Ltd, Perstorp Holding AB, and Saudi Kayan Petrochemical Company are the key players operating in the global N-butanol market.

Attribute

Details

Base Year

2022

Historic Data

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in tons and CAGR for 2018-2022 and 2023-2028

Report coverage

Revenue forecast, Volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

Grade

Application

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Mexico; Canada; France; Germany; United Kingdom; Italy; Spain; China; India; South Korea; Japan; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE.

Key companies profiled

Mitsubishi Chemical Corporation, Dow Chemical Company, BASF SE, OXEA GmbH, Sasol Ltd, KH Neochem Co Ltd, China National Petroleum Corporation (CNPC), INEOS Oxide Ltd, Perstorp Holding AB, Saudi Kayan Petrochemical Company.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global N-butanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global N-Butanol Market, By Grade:
    • Industrial Grade
    • Pharmaceutical Grade  
  • Global N-Butanol Market, By Application:
    • Butyl Acetate
    • Butyl Acrylate
    • Glycol Ethers
    • Direct Solvent
    • Plasticizers
    • Others
  • Global N-Butanol Market, By region:
    • North America
      • United States
      • Mexico
      • Canada
    • Asia-Pacific
      • China
      • India
      • South Korea
      • Japan
      • Australia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global N-butanol market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global N-Butanol Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.     Markets Covered

1.2.2.     Years Considered for Study

1.2.3.     Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Global N-Butanol Market Outlook

4.1.  Market Size & Forecast

4.1.1.     By Value & Volume

4.2.  Market Share & Forecast

4.2.1.     By Grade (Industrial Grade v/s Pharmaceutical Grade)

4.2.2.     By Application (Butyl Acetate, Butyl Acrylate, Glycol Ethers, Direct Solvent, Plasticizers, Others)

4.2.3.     By Region (North America, Europe, Asia Pacific, South America, Middle East & Africa)

4.2.4.     By Company (2022)

4.3.  Market Map

4.3.1.     By Grade

4.3.2.     By Application

4.3.3.     By Region

5.    North America N-Butanol Market Outlook

5.1.  Market Size & Forecast          

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

5.2.1.     By Grade

5.2.2.     By Application

5.2.3.     By Country

5.3.  Pricing Analysis

5.4.  North America: Country Analysis

5.4.1.     United States N-Butanol Market Outlook

5.4.1.1.         Market Size & Forecast

5.4.1.1.1.             By Value & Volume

5.4.1.2.         Market Share & Forecast

5.4.1.2.1.             By Grade

5.4.1.2.2.             By Application

5.4.2.     Mexico N-Butanol Market Outlook

5.4.2.1.         Market Size & Forecast

5.4.2.1.1.             By Value & Volume

5.4.2.2.         Market Share & Forecast

5.4.2.2.1.             By Grade

5.4.2.2.2.             By Application

5.4.3.     Canada N-Butanol Market Outlook

5.4.3.1.         Market Size & Forecast

5.4.3.1.1.             By Value & Volume

5.4.3.2.         Market Share & Forecast

5.4.3.2.1.             By Grade

5.4.3.2.2.             By Application

6.    Europe N-Butanol Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Grade

6.2.2.     By Application

6.2.3.     By Country

6.3.  Pricing Analysis

6.4.  Europe: Country Analysis

6.4.1.     France N-Butanol Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value & Volume

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Grade

6.4.1.2.2.             By Application

6.4.2.     Germany N-Butanol Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value & Volume

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Grade

6.4.2.2.2.             By Application

6.4.3.     United Kingdom N-Butanol Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value & Volume

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Grade

6.4.3.2.2.             By Application

6.4.4.     Italy N-Butanol Market Outlook

6.4.4.1.         Market Size & Forecast

6.4.4.1.1.             By Value & Volume

6.4.4.2.         Market Share & Forecast

6.4.4.2.1.             By Grade

6.4.4.2.2.             By Application

6.4.5.     Spain N-Butanol Market Outlook

6.4.5.1.         Market Size & Forecast

6.4.5.1.1.             By Value & Volume

6.4.5.2.         Market Share & Forecast

6.4.5.2.1.             By Grade

6.4.5.2.2.             By Application

7.    Asia-Pacific N-Butanol Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Grade

7.2.2.     By Application

7.2.3.     By Country

7.3.  Pricing Analysis

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China N-Butanol Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value & Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Grade

7.4.1.2.2.             By Application

7.4.2.     India N-Butanol Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value & Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Grade

7.4.2.2.2.             By Application

7.4.3.     South Korea N-Butanol Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value & Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Grade

7.4.3.2.2.             By Application

7.4.4.     Japan N-Butanol Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value & Volume

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Grade

7.4.4.2.2.             By Application

7.4.5.     Australia N-Butanol Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value & Volume

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Grade

7.4.5.2.2.             By Application

8.    South America N-Butanol Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Grade

8.2.2.     By Application

8.2.3.     By Country

8.3.  Pricing Analysis

8.4.  South America: Country Analysis

8.4.1.     Brazil N-Butanol Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Grade

8.4.1.2.2.             By Application

8.4.2.     Argentina N-Butanol Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Grade

8.4.2.2.2.             By Application

8.4.3.     Colombia N-Butanol Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Grade

8.4.3.2.2.             By Application

9.    Middle East and Africa N-Butanol Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Grade

9.2.2.     By Application

9.2.3.     By Country

9.3.  Pricing Analysis

9.4.  MEA: Country Analysis

9.4.1.     South Africa N-Butanol Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Grade

9.4.1.2.2.             By Application

9.4.2.     Saudi Arabia N-Butanol Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Grade

9.4.2.2.2.             By Application

9.4.3.     UAE N-Butanol Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Grade

9.4.3.2.2.             By Application

10.  Market Dynamics

10.1.              Drivers

10.1.1.  Rising demand from pharmaceutical sector

10.1.2.  Growing demand for industries application

10.1.3.  Rising demand from construction industries

10.2.              Challenges

10.2.1.  Adverse effect on humans

10.2.2.  Fluctuating cost of raw material

11.  Market Trends & Developments

11.1.              Research & Development

11.2.              Product launch

11.3.              Merger and Acquisition

12.  Global N-Butanol Market: SWOT Analysis

13.  Porter’s Five Forces Analysis

13.1.              Competition in the Industry

13.2.              Potential of New Entrants

13.3.              Power of Suppliers

13.4.              Power of Customers

13.5.              Threat of Substitute Product

14.  Competitive Landscape

14.1.              Business Overview

14.2.              Product Offerings

14.3.              Recent Developments

14.4.              Financials (In Case of Listed Companies)

14.5.              Key Personnel

14.5.1.        Mitsubishi Chemical Corporation

14.5.2.        Dow Chemical Company

14.5.3.        BASF SE

14.5.4.        OXEA GmbH

14.5.5.        Sasol Ltd

14.5.6.        KH Neochem Co Ltd

14.5.7.        China National Petroleum Corporation (CNPC)

14.5.8.        INEOS Oxide Ltd

14.5.9.        Perstorp Holding AB

14.5.10.      Saudi Kayan Petrochemical Company

15. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing demand from end user industries such as paints & coatings, chemical and petrochemical, textile, agriculture, building & construction, pharmaceutical, and personal care are expected to drive the demand for the global n-butanol market.

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Mitsubishi Chemical Corporation, Dow Chemical Company, BASF SE, OXEA GmbH, Sasol Ltd, KH Neochem Co Ltd, China National Petroleum Corporation (CNPC), INEOS Oxide Ltd, Perstorp Holding AB, and Saudi Kayan Petrochemical Company are the key players operating in the global N-butanol market.

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N-Butanol is used for production of products such as solvent for fats, waxes, shellacs, resins, gums, and varnish.

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Owing to properties of n-butanol such as higher energy content and lower Reid vapor pressure, its a more effective biofuel compared to conventional gasoline, diesel fuel, and other broadly used biofuels like methanol, ethanol, biodiesel, etc.

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