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Global N-Butanol Market Size, Share, Trends, Opportunity, and Forecast, 2021-2030, Segmented By Grade , By Region and Competition
Global N-butanol market is anticipated to increase at an impressive rate through 2031. 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.
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.
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.
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
- North America
§ South Africa
§ Saudi Arabia
§ UAE
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global N-butanol market.
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
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