Global n-Butanol Market - Trends, COVID-19 impact and Growth Forecasts to 2029
Global n-Butanol Market by application (Butyl Acrylate, Glycol Ethers, Butyl Acetate, Direct Solvent, Plasticizers, and Others), end use industry (Building & Construction, Paints & Coatings, Marine, Chemical, Agriculture, Pharmaceutical, Personal Care, Others) by region (APAC, North America, Europe, South America, Middle East and Africa), with forecasts till 2029 (value and volume)
The global n-Butanol market is valued at US$6.7 billion in 2021 and is expected to grow at a CAGR of 3.2% mainly due to the growing consumption of n-Butanol as a solvent during the forecast period. The chemical is extensively utilized as a solvent for many applications, because of its compatibility with many resin formulations.
ChemIntel360’s global n-Butanol Market study is a 150-slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. The study offers granular value and volume data from a global, regional, segment, applications, and end-use industry perspective.
For the purpose of this study, we have considered the base year to be 2021, the historical period to run through 2018-2021 and the forecast period from 2022-2029.
Figure 1: Global n-Butanol Market during 2018-2029 in US$ million
Application Insights:
The n-Butanol market is segmented into Butyl Acrylate, Glycol Ethers, Butyl Acetate, Direct Solvent, Plasticizers, and Others in terms of application.
Butyl Acrylate was the largest application of n-Butanol market in 2021. The growth of this application can be attributed to the rising use of the chemical in the production of different copolymers. These copolymers are in turn used in the development of resins and dispersions, glues, inks, adhesives, and varnishes. In addition, they can also be utilized in the textile and paper manufacturing.
Glycol Ethers was the second largest application of n-Butanol in 2021. Due to their strong solvency, robust chemical stability and affinity with water, they are used as solvents for different products. They are mainly used as solvents in the insecticides and herbicides formulations. In addition, rising use of Glycol Ethers as a freeze-thaw agents in aqueous medium systems would contribute to the growth of the market.
Figure 2: Global n-Butanol Market by Application in 2021
End use industry insights:
Building and Construction is the largest end-use industry with a share of 36% in 2021. n-Butanol is a key choice of material for a broad array of adhesive & sealant formulations used in construction. This can be attributed to the flexibility and high adhesion strength of various n-Butanol based products.
Paints and coatings segment is another key end-use industry of n-Butanol market. The growth of the segment can be attributed to rising use of the chemical as a direct solvent in paints and other surface coatings. It is also used in the production of paint thinners.
Figure 3: Global n-Butanol Market by End use industry in 2021
Regional Insights:
APAC held the largest share in 2021 with a share of 54.7%. The growth in the regional market is primarily attributed to rising demand of n-Butanol in the production of Butyl Acetate, Butyl Acrylate, Glycol Ethers, as well as its use in solvent application. The growth in the regional end-use industries such as textile, and automotive is also driving the demand for the chemical. Apart from these, infrastructural activities in the emerging economies is expected to drive the demand for n-Butanol in the APAC region.
Europe was the second largest regional market in 2021. Presence of key manufacturers such as Perstop, BASF, Oxochimie, Grupa Azoty, and OXEA Ltd would support the growth of the chemical in the region.
Figure 4: Global n-Butanol Market by region in 2021
Insights on Key Markets:
China is the largest market and was valued at US$ 2.3 billion in 2021. Growing demand of the chemical in the country’s automotive industry would drive the growth of the market. In addition, use of chemical in the infrastructure and industrial sector would support the growth of the market.
The U.S. market was valued at US$1.0 billion in 2021. This can be attributed to the growing use of n-Butanol derived products such as Butyl Acrylate for the formulation of sealants, paints and adhesives would contribute to the growth of the chemical in the country.
Figure 5: Global n-Butanol Market by Key Countries in 2021
Market Dynamics:
Trend:
The key trend observed in the market is the strong increase in the use of bio-based Butanol. This can be attributed to the strong research support for the development of carbon neutral biofuels. In the current batch of biofuels, n-Butanol has garnered strong attention due to its low volatility and hydrophilicity compared to other counterparts such as Ethanol.
Drivers:
There is a growing requirement of high-performance materials from the building & construction industry for providing protection, structural integrity and for aesthetic purposes. The consistent and cost-effective performance of n-Butanol based systems such as paint, coatings, adhesives and sealants for building and construction purposes is expected to drive the growth of the market. In addition, growing demand of the chemical in the development of engineered plastics as well as super absorbent polymers would support the growth of the market.
Opportunities:
N-Butanol has exhibited strong potential as a biofuel. Due to key characteristics such as high energy density, low volatility, higher compatibility with the conventional internal combustion engines, relatively benign by-product formation, and low corrosive nature, the chemical is expected to become a key part of the biofuels market along with Ethanol and Biodiesel. This would act as a key opportunity for the existing manufacturers to improve their share in the market.
Challenges:
Methanol and Ethanol can be utilized as a substitute for n-Butanol as a key solvent especially in the flavor and fragrance industry for the extraction of essential oils. Growing use of these chemicals as solvents in place of n-Butanol can hinder the growth of the market. In addition, the health hazards related to the use of n-Butanol solvent-based systems such as eye irritation, headache, seizures, and dizziness would curtail the growth of the market.
COVID-19 Impact:
The COVID-19 outbreak had a negative effect on the n-Butanol market. To combat the rapid spread of the coronavirus, economies across the globe imposed strict lockdown protocols. The industry verticals associated with n-Butanol such as construction and automotive were adversely affected due to personnel unavailability, supply chain constraints and the consequent weakening in global manufacturing activity. But as the lockdown measures are removed and the economic activities picks up, the n-Butanol market is expected to exhibit strong growth during the forecast period.
Scope of the Global n-Butanol report
This report provides analysis of the latest industry trends and estimates revenue and volume growth at global, regional, and country levels. For this report, ChemIntel360 has segmented the global n-Butanol market based on application, type and region.
Insights on Application (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- Butyl Acrylate
- Glycol ethers
- Butyl acetate
- Direct solvent
- Plasticizers
- Others
Insights on End-use industry (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- Building & Construction
- Paints & Coatings
- Marine
- Chemical
- Agriculture
- Pharmaceutical
- Personal Care
- Others
Insights on Regional market (Volume in Kilotons; Revenue in US$ billion/ million, 2018-2029)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Asia Pacific
- China
- India
- Japan
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
Table of Contents
Executive summary
Table of contents
List of tables
List of figures
Chapter-1: Introduction
1.1 Objective of the report
1.2 Market definition
1.3 Scope of the report
1.3.1 Markets covered
1.3.2 Years covered
1.4 Conventions
1.5 Stakeholder
1.6 Summary methodology
1.7 Data collection
1.7.1 Secondary research
1.7.2 Primary research
1.8 Market size estimation
1.8.1 Bottom-up approach
1.8.2 Top-down approach
1.9 Data triangulation
1.10 Assumptions and limitations
1.11 COVID-19 impact
Chapter-2: Market Overview
2.1 Introduction
2.2 Covid impact on the market
2.3 Market Dynamics
2.3.1 Drivers
2.3.2 Restraints
2.3.3 Opportunities
2.3.4 Challenges
2.4 Key Players
2.5 Trends
2.6 Recent Developments
Chapter-3: Segment Analysis
3.1.1 Market overview, 2018-2029 (US$ billion)
3.1.2 Market overview, 2018-2029 (million tons)
3.2.1 n-Butanol Market: Butyl Acrylate (US$ billion)
3.2.2 n-Butanol Market: Butyl Acrylate (million tons)
3.3.1 n-Butanol Market: Glycol Ethers (US$ billion)
3.3.2 n-Butanol Market: Glycol Ethers (million tons)
3.4.1 n-Butanol Market: Butyl Acetate (US$ billion)
3.4.2 n-Butanol Market: Butyl Acetate (US$ million tons)
3.5.1 n-Butanol Market: Direct Solvent (US$ billion)
3.5.2 n-Butanol Market: Direct Solvent (million tons)
3.6.1 n-Butanol Market: Plasticizers (US$ billion)
3.6.2 n-Butanol Market: Plasticizers (US$ billion)
3.7.1 n-Butanol Market: Others (US$ billion)
3.7.2 n-Butanol Market: Others (million tons)
Chapter-4: Regional Analysis
4.1 Market overview, 2018-2029
4.2.1 Market overview, 2018-2029 (US$ billion)
4.2.2 Market overview, 2018-2029 (million tons)
4.3.1 n-Butanol Market: Asia Pacific (US$ billion)
4.3.2 n-Butanol Market: Asia Pacific (million tons)
4.4.1 n-Butanol Market: North America (US$ billion)
4.4.2 n-Butanol Market: North America (US$ billion)
4.5.1 n-Butanol Market: Europe (US$ billion)
4.5.2 n-Butanol Market: Europe (million tons)
4.6.1 n-Butanol Market: South America (US$ billion)
4.6.2 n-Butanol Market: South America (million tons)
4.7.1 n-Butanol Market: Middle East and Africa (US$ billion)
4.7.2 n-Butanol Market: Middle East and Africa (million tons)
Chapter-5: Regional Market Analysis by Application
5.1 n-Butanol regional Market application composition
5.1.1 n-Butanol Market: APAC Butyl Acrylate (US$ billion)
5.1.2 n-Butanol Market: APAC Butyl Acrylate (million tons)
5.2.1 n-Butanol Market: APAC Glycol Ethers (US$ billion)
5.2.2 n-Butanol Market: APAC Glycol Ethers (million tons)
5.3.1 n-Butanol Market: APAC Butyl Acetate (US$ billion)
5.3.2 n-Butanol Market: APAC Butyl Acetate (million tons)
5.4.1 n-Butanol Market: APAC Direct Solvent (US$ billion)
5.4.2 n-Butanol Market: APAC Direct Solvent (million tons)
5.5.1 n-Butanol Market: APAC Plasticizers (US$ billion)
5.5.2 n-Butanol Market: APAC Plasticizers (million tons)
5.6.1 n-Butanol Market: APAC Others (US$ billion)
5.6.2 n-Butanol Market: APAC Others (million tons)
5.7.1 n-Butanol Market: North America Butyl Acrylate (US$ billion)
5.7.2 n-Butanol Market: North America Butyl Acrylate (million tons)
5.8.1 n-Butanol Market: North America Glycol Ethers (US$ billion)
5.8.2 n-Butanol Market: North America Glycol Ethers (million tons)
5.9.1 n-Butanol Market: North America Butyl Acetate (US$ billion)
5.9.2 n-Butanol Market: North America Butyl Acetate (million tons)
5.10.1 n-Butanol Market: North America Direct Solvent (US$ billion)
5.10.2 n-Butanol Market: North America Direct Solvent (million tons)
5.11.1 n-Butanol Market: North America Plasticizers (US$ billion)
5.11.2 n-Butanol Market: North America Plasticizers (million tons)
5.12.1 n-Butanol Market: North America Others (US$ billion)
5.12.2 n-Butanol Market: North America Others (million tons)
5.13.1 n-Butanol Market: Europe Butyl Acrylate (US$ billion)
5.13.2 n-Butanol Market: Europe Butyl Acrylate (million tons)
5.14.1 n-Butanol Market: Europe Glycol Ethers (US$ billion)
5.14.2 n-Butanol Market: Europe Glycol Ethers (million tons)
5.15.1 n-Butanol Market: Europe Butyl Acetate (US$ billion)
5.15.2 n-Butanol Market: Europe Butyl Acetate (million tons)
5.16.1 n-Butanol Market: Europe Direct Solvent (US$ billion)
5.16.2 n-Butanol Market: Europe Direct Solvent (million tons)
5.17.1 n-Butanol Market: Europe Plasticizers (US$ billion)
5.17.2 n-Butanol Market: Europe Plasticizers (million tons)
5.18.1 n-Butanol Market: Europe Others (US$ billion)
5.18.2 n-Butanol Market: Europe Others (million tons)
5.19.1 n-Butanol Market: South America Butyl Acetate (US$ billion)
5.19.2 n-Butanol Market: South America Butyl Acetate (million tons)
5.20.1 n-Butanol Market: South America Glycol Ethers (US$ billion)
5.20.2 n-Butanol Market: South America Glycol Ethers (million tons)
5.21.1 n-Butanol Market: South America Butyl Acrylate (US$ billion)
5.21.2 n-Butanol Market: South America Butyl Acrylate (million tons)
5.22.1 n-Butanol Market: South America Direct Solvent (US$ billion)
5.22.2 n-Butanol Market: South America Direct Solvent (million tons)
5.23.1 n-Butanol Market: South America Plasticizers (US$ billion)
5.23.2 n-Butanol Market: South America Plasticizers (million tons)
5.24.1 n-Butanol Market: South America Others (US$ billion)
5.24.2 n-Butanol Market: South America Others (million tons)
5.25.1 n-Butanol Market: Middle East and Africa Butyl Acrylate (US$ billion)
5.25.2 n-Butanol Market: Middle East and Africa Butyl Acrylate (million tons)
5.26.1 n-Butanol Market: Middle east and Africa Glycol Ethers (US$ billion)
5.26.2 n-Butanol Market: Middle East and Africa Glycol Ethers (million tons)
5.27.1 n-Butanol Market: Middle East and Africa Butyl Acetate (US$ billion)
5.27.2 n-Butanol Market: Middle East and Africa Butyl Acetate (million tons)
5.28.1 n-Butanol Market: Middle East and Africa Direct Solvent (US$ billion)
5.28.2 n-Butanol Market: Middle East and Africa Direct Solvent (million tons)
5.29.1 n-Butanol Market: Middle East and Africa Plasticizers (US$ billion)
5.29.2 n-Butanol Market: Middle East and Africa Plasticizers (million tons)
5.30.1 n-Butanol Market: Middle East and Africa Others (US$ billion)
5.30.2 n-Butanol Market: Middle East and Africa Others (million tons)
Chapter-6: Key Markets Analysis
6.1 n-Butanol key Market size composition
6.1.1 Market overview, 2018-2029 (US$ billion)
6.1.2 Market overview, 2018-2029 (million tons)
6.2.1 n-Butanol Market: US, North America (US$ billion)
6.2.2 n-Butanol Market: US, North America (million tons)
6.3.1 n-Butanol Market: Canada, North America (US$ billion)
6.3.2 n-Butanol Market: Canada, North America (million tons)
6.4.1 n-Butanol Market: Mexico, North America (US$ billion)
6.4.2 n-Butanol Market: Mexico, North America (million tons)
6.5.1 n-Butanol Market: Germany, Europe (US$ billion)
6.5.2 n-Butanol Market: Germany, Europe (million tons)
6.6.1 n-Butanol Market: Italy, Europe (US$ billion)
6.6.2 n-Butanol Market: Italy, Europe (million tons)
6.7.1 n-Butanol Market: France, Europe (US$ billion)
6.7.2 n-Butanol Market: France, Europe (million tons)
6.8.1 n-Butanol Market: China, Asia Pacific (US$ billion)
6.8.2 n-Butanol Market: China, Asia Pacific (million tons)
6.9.1 n-Butanol Market: India, Asia Pacific (US$ billion)
6.9.2 n-Butanol Market: India, Asia Pacific (million tons)
6.10.1 n-Butanol Market: Japan, Asia Pacific (US$ billion)
6.10.2 n-Butanol Market: Japan, Asia Pacific (million tons)
6.11.1 n-Butanol Market: Brazil, South America (US$ billion)
6.11.2 n-Butanol Market: Brazil, South America (million tons)
6.12.1 n-Butanol Market: Argentina, South America (US$ billion)
6.12.2 n-Butanol Market: Argentina, South America (million tons)
6.13.1 n-Butanol Market: Colombia, South America (US$ billion)
6.13.2 n-Butanol Market: Colombia, South America (million tons)
6.14.1 n-Butanol Market: South Africa, Middle East and Africa (US$ billion)
6.14.2 n-Butanol Market: Souh Africa, Middle East and Africa (million tons)
6.15.1 n-Butanol Market: UAE, Middle East and Africa (US$ billion)
6.15.2 n-Butanol Market: UAE, Middle East and Africa (million tons)
6.16.1 n-Butanol Market: Saudi Arabia, Middle East and Africa (US$ billion)
6.16.2 n-Butanol Market: Saudi Arabia, Middle East and Africa (million tons)
Chapter 7: Company Profile
7.1 BASF
7.2 Eastman
7.3 OQ Chemicals
7.4 Perstorp
7.5 The Dow Chemical Company
7.6 Sinopec
7.7 Mitsubishi Chemical Corporation
7.8 KH Neochem
7.9 Oxochemie
7.10 Sasol
Appendix
Glossary of terms
Disclaimer
About Us
List of Tables
Table 1: By value: n-Butanol Market by application during 2018-2029 in US$ billion
Table 2: By volume: n-Butanol Market by segment during 2018-2029 in million tons
Table 3: By value: n-Butanol Market by region during 2018-2029 in US$ billion
Table 4: By volume: n-Butanol Market by region during 2018-2029 in
million tons
Table 5: By Value: key n-Butanol Markets in US$ billion
Table 6: By Volume: key n-Butanol Markets in million tons
List of Figures
Figure 1: By value: n-Butanol Market segment share during 2018-2029 in %
Figure 2: By volume: n-Butanol Market segment share during 2018-2029 in %
Figure 3: By value: Share of Butyl Acrylate in n-Butanol Market during 2018-2029 in %
Figure 4: By value: Butyl Acrylate in n-Butanol Market during 2018-2029 in US$ billion
Figure 5: By volume: Share of Butyl Acrylate Market during 2018-2029 in %
Figure 6: By volume: Butyl Acrylate Market during 2018-2029 in million tons
Figure 7: By value: Share of Glycol Ethers Market during 2018-2029 in %
Figure 8: By value: Glycol Ethers Market during 2018-2029 in US$ billion
Figure 9: By volume: Share of Glycol Ethers Market during 2018-2029 in %
Figure 10: By volume: Glycol Ethers Market during 2018-2029
in million tons
Figure 11: By value: Share of Butyl Acetate Market during 2018-2029 in %
Figure 12: By value: Butyl Acetate Market during 2018-2029 in US$ billion
Figure 13: By volume: Share of Butyl Acetate Market during 2018-2029 in %
Figure 14: By volume: Butyl Acetate Market during 2018-2029 in million tons
Figure 15: By value: Share of Direct Solvent Market during 2018-2029 in %
Figure 16: By value: Direct Solvent Market during 2018-2029 in US$ billion
Figure 17: By volume: Share of Direct Solvent Market during 2018-2029 in %
Figure 18: By volume: Direct Solvent Market during 2018-2029 in million tons
Figure 19: By value: Share of Plasticizers Market during 2018-2029 in %
Figure 20: By value: Plasticizers Market during 2018-2029 in US$ billion
Figure 21: By volume: Share of Plasticizers Market during 2018-2029
in %
Figure 22: By volume: Plasticizers Market during 2018-2029
in million tons
Figure 23: By value: Others Market during 2018-2029 in US$ billion
Figure 24: By value: Share of Others Market during 2018-2029 in %
Figure 25: By volume: Others Market during 2018-2029 in million tons
Figure 26: By volume: Others Market during 2018-2029 in million tons
Figure 27: By Value: key n-Butanol regional Markets in US$ billion
Figure 28: By Volume: key n-Butanol regional Markets in million tons
Figure 29: By value: n-Butanol Market region share during 2018-2029 in %
Figure 30: By volume: n-Butanol Market region share during 2018-2029 in %
Figure 31: By value: Share of Asia Pacific Market during 2018-2029 in %
Figure 32: By value: Asia Pacific Market during 2018-2029 in US$ billion
Figure 33: By volume: Share of Asia Pacific Market during 2018-2029 in %
Figure 34: By volume: APAC Market during 2018-2029 in million tons
Figure 35: By value: Share of North America Market during 2018-2029 in %
Figure 36: By value: North America Market during 2018-2029 in US$ billion
Figure 37: By volume: Share of North America Market during 2018-2029 in %
Figure 38: By volume: North America Market during 2018-2029 in million tons
Figure 39: By value: Share of Europe Market during 2018-2029 in
Figure 40: By value: Europe Market during 2018-2029 in US$ billion
Figure 41: By volume: Share of Europe Market during 2018-2029 in %
Figure 42: By volume: Europe Market during 2018-2029 in million tons
Figure 43: By value: Share of South America Market during 2018-2029 in %
Figure 44: By value: South America Market during 2018-2029 in US$ billion
Figure 45: By volume: Share of South America Market during 2018-2029 in %
Figure 46: By volume: South America Market during 2018-2029 in million tons
Figure 47: By value: Share of middle east & Africa Market during 2018-2029 in %
Figure 48: By value: Middle East and Africa Market during 2018-2029 in US$ billion
Figure 49: By volume: Share of Middle East and Africa Market during
2018-2029 in %
Figure 50: By volume: Middle East and Africa Market during 2018-2029
in million tons
Figure 51: By value: Share of APAC Glycol Ethers Market during 2018-2029 in %
Figure 52: By value: APAC Glycol Ethers Market during 2018-2029 in US$ billion
Figure 53: By volume: Share of APAC Glycol Ethers Market during 2018-2029 in %
Figure 54: By volume: APAC Glycol Ethers Market during 2018-2029 in million tons
Figure 55: By value: Share of APAC Butyl Acetate Market during
2018-2029 in %
Figure 56: By value: APAC Butyl Acetate Market during 2018-2029 in US$ billion
Figure 57: By volume: Share of APAC Butyl Acetate Market during
2018-2029 in %
Figure 58: By volume: APAC Butyl Acetate Market during 2018-2029
in million tons
Figure 59: By value: Share of APAC Butyl Acrylate Market during 2018-2029 in %
Figure 60: By value: APAC Butyl Acrylate Market during 2018-2029 in US$ billion
Figure 61: By volume: Share of APAC Butyl Acrylate Market during 2018-2029 in %
Figure 62: By volume: APAC Butyl Acrylate Market during 2018-2029 in million tons
Figure 63: By value: Share of APAC Direct Solvent Market during 2018-2029 in %
Figure 64: By value: APAC Direct Solvent Market during 2018-2029 in US$ billion
Figure 65: By volume: Share of APAC Direct Solvent Market during 2018-2029 in %
Figure 66: By volume: APAC Direct Solvent Market during 2018-2029 in million tons
Figure 67: By value: Share of APAC Plasticizers Market during
2018-2029 in %
Figure 68: By value: APAC Plasticizers Market during 2018-2029
in US$ billion
Figure 69: By volume: Share of APAC Plasticizers Market during
2018-2029 in %
Figure 70: By volume: APAC Plasticizers Market during 2018-2029
in million tons
Figure 71: By value: Share of APAC Others Market during 2018-2029 in %
Figure 72: By value: APAC Others Market during 2018-2029 in US$ billion
Figure 73: By volume: Share of APAC Others Market during 2018-2029 in %
Figure 74: By volume: APAC Others Market during 2018-2029 in million tons
Figure 75: By value: Share of North America Butyl Acetate Market during
2018-2029 in %
Figure 76: By value: North America Butyl Acetate Market during 2018-2029
in US$ billion
Figure 77: By volume: Share of North America Butyl Acetate Market during
2018-2029 in %
Figure 78: By volume: North America Butyl Acetate Market during 2018-2029 in
million tons
Figure 79: By value: Share of North America Glycol Ethers
Market during 2018-2029 in %
Figure 80: By value: North America Glycol Ethers Market during
2018-2029 in US$ billion
Figure 81: By volume: Share of North America Glycol Ethers
Market during 2018-2029 in %
Figure 82: By volume: North America Glycol Ethers Market
during 2018-2029 in million tons
Figure 83: By value: Share of North America Butyl Acrylate Market
during 2018-2029 in %
Figure 84: By value: North America Butyl Acrylate Market during 2018-2029
in US$ billion
Figure 85: By volume: Share of North America Butyl Acrylate Market during
2018-2029 in %
Figure 86: By volume: North America Butyl Acrylate Market during 2018-2029
in million tons
Figure 87: By value: Share of North America Direct Solvent Market during
2018-2029 in %
Figure 88: By value: North America Direct Solvent Market during 2018-2029
in US$ billion
Figure 89: By volume: Share of North America Direct Solvent Market during
2018-2029 in %
Figure 90: By volume: North America Direct Solvent Market during 2018-2029
in million tons
Figure 91: By value: North America Plasticizers Market during
2018-2029 in %
Figure 92: By value: North America Plasticizers Market during
2018-2029 in US$ billion
Figure 93: By volume: Share of North America Plasticizers
Market during 2018-2029 in %
Figure 94: By volume: North America Plasticizers Market during
2018-2029 in million tons
Figure 95: By value: North America Others Market during 2018-2029 in %
Figure 96: By value: North America Others Market during 2018-2029
in US$ billion
Figure 97: By volume: Share of North America Others Market during
2018-2029 in %
Figure 98: By volume: North America Others Market during 2018-2029
in million tons
Figure 99: By value: Share of Europe Butyl Acetate Market during 2018-2029 in %
Figure 100: By value: Europe Butyl Acetate Market during 2018-2029 in US$ billion
Figure 101: By volume: Share of Europe Butyl Acetate Market during 2018-2029 in %
Figure 102: By volume: Europe Butyl Acetate Market during 2018-2029 in million tons
Figure 103: By value: Share of Europe Glycol Ethers Market during
2018-2029 in %
Figure 104: By value: Europe Glycol Ethers Market during 2018-2029
in US$ billion
Figure 105: By volume: Share of Europe Glycol Ethers Market
during 2018-2029 in %
Figure 106: By volume: Europe Glycol Ethers Market during
2018-2029 in million tons
Figure 107: By value: Share of Europe Butyl Acrylate Market during
2018-2029 in %
Figure 108: By value: Europe Butyl Acrylate Market during 2018-2029
in US$ billion
Figure 109: By volume: Share of Europe Butyl Acrylate Market during
2018-2029 in %
Figure 110: By volume: Europe Butyl Acrylate Market during 2018-2029
in million tons
Figure 111: By value: Share of Europe Direct Solvent Market during
2018-2029 in %
Figure 112: By value: Europe Direct Solvent Market during 2018-2029
in US$ billion
Figure 113: By volume: Share of Europe Direct Solvent Market during
2018-2029 in %
Figure 114: By volume: Europe Direct Solvent Market during 2018-2029
in million tons
Figure 115: By value: Share of Europe Plasticizers Market
during 2018-2029 in %
Figure 116: By value: Europe Plasticizers Market during 2018-2029
in US$ billion
Figure 117: By volume: Share of Europe Plasticizers Market
during 2018-2029 in %
Figure 118: By volume: Europe Plasticizers Market during
2018-2029 in million tons
Figure 119: By value: Share of Europe Others Market during 2018-2029 in %
Figure 120: By value: Europe Others Market during 2018-2029 in US$ billion
Figure 121: By volume: Share of Europe Others Market during 2018-2029 in %
Figure 122: By volume: Europe Others Market during 2018-2029 in million tons
Figure 123: By value: Share of South America Butyl Acetate Market during
2018-2029 in %
Figure 124: By value: South America Butyl Acetate Market during 2018-2029
in US$ billion
Figure 125: By volume: Share of South America Butyl Acetate Market during
2018-2029 in %
Figure 126: By volume: South America Butyl Acetate Market during 2018-2029
in million tons
Figure 127: By value: Share of South America Glycol Ethers
Market during 2018-2029 in %
Figure 128: By value: South America Glycol Ethers Market
during 2018-2029 in US$ billion
Figure 129: By volume: Share of South America Glycol Ethers
Market during 2018-2029 in %
Figure 130: By volume: South America Glycol Ethers Market
during 2018-2029 in million tons
Figure 131: By value: Share of South America Butyl Acrylate Market
during 2018-2029 in %
Figure 132: By value: Share of South America Butyl Acrylate Market
during 2018-2029 in million tons
Figure 133: By volume: Share of South America Butyl Acrylate Market
during 2018-2029 in %
Figure 134: By volume: South America Butyl Acrylate Market during
2018-2029 in million tons
Figure 135: By value: Share of South America Direct solven tMarket
during 2018-2029 in %
Figure 136: By value: South America Direct Solvent Market during 2018-2029
in US$ billion
Figure 137: By volume: Share of South America Direct Solvent Market
during 2018-2029 in %
Figure 138: By volume: South America Direct Solvent Market during
2018-2029 in million tons
Figure 139: By value: Share of South America Plasticizers
Market during 2018-2029 in %
Figure 140: By value: South America Plasticizers Market during
2018-2029 in US$ billion
Figure 141: By volume: Share of South America Plasticizers
Market during 2018-2029 in %
Figure 142: By volume: South America Plasticizers Market
during 2018-2029 in million tons
Figure 143: By value: Share of South America Others Market during
2018-2029 in %
Figure 144: By value: South America Others Market during 2018-2029
in US$ billion
Figure 145: By volume: Share of South America Others Market during 2018-2029
in %
Figure 146: By volume: South America Others Market during 2018-2029
in million tons
Figure 147: By value: Share of Middle East and Africa Butyl Acetate Market during
2018-2029 in %
Figure 148: By value: Middle East and Africa Butyl Acetate Market during 2018-2029
in US$ billion
Figure 149: By volume: Share of Middle East and Africa Butyl Acetate Market during
2018-2029 in %
Figure 150: By volume: Middle East and Africa Butyl Acetate Market during
2018-2029 in million tons
Figure 151: By value: Share of Middle East and Africa Glycol Ethers
Market during 2018-2029 in %
Figure 152: By value: Middle East and Africa Glycol Ethers Market
during 2018-2029 in US$ billion
Figure 153: By volume: Share of Middle East and Africa Glycol Ethers
Market during 2018-2029 in %
Figure 154: By volume: Middle East and Africa Glycol Ethers Market
during 2018-2029 in million tons
Figure 155: By value: Share of Middle East and Africa Butyl Acrylate Market
during 2018-2029 in %
Figure 156: By value: Middle East and Africa Butyl Acrylate Market during
2018-2029 in million tons
Figure 157: By volume: Share of Middle East and Africa Butyl Acrylate
Market during 2018-2029 in %
Figure 158: By volume: Middle East and Africa Butyl Acrylate Market during
2018-2029 in million tons
Figure 159: By value: Share of Middle East and Africa Direct Solvent Market
during 2018-2029 in %
Figure 160: By value: Middle East and Africa Direct Solvent Market during
2018-2029 in US$ billion
Figure 161: By volume: Share of Middle East and Africa Direct Solvent
Market during 2018-2029 in %
Figure 162: By volume: Middle East and Africa Direct Solvent Market during
2018-2029 in million tons
Figure 163: By value: Share of Middle East and Africa Plasticizers
Market during 2018-2029 in %
Figure 164: By value: Middle East and Africa Plasticizers Market
during 2018-2029 in US$ billion
Figure 165: By volume: Share of Middle East and Africa Plasticizers
Market during 2018-2029 in %
Figure 166: By volume: Middle East and Africa Plasticizers Market
during 2018-2029 in million tons
Figure 167: By value: Share of Middle East and Africa Others Market during
2018-2029 in %
Figure 168: By value: Middle East and Africa Others Market during 2018-2029
in US$ billion
Figure 169: By volume: Share of Middle East and Africa Others Market during
2018-2029 in %
Figure 170: By volume: Middle East and Africa Others Market during
2018-2029 in million tons
Figure 171: By Value: key n-Butanol regional Markets in US$ billion
Figure 172: By Value: key n-Butanol regional Markets in million tons
Figure 173: By value: Share of US Market during 2018-2029 in %
Figure 174: By value: US Market during 2018-2029 in US$ billion
Figure 175: By volume: Share of US Market during 2018-2029 in %
Figure 176: By volume: US Market during 2018-2029 in million tons
Figure 177: By value: Share of Canada Market during 2018-2029 in %
Figure 178: By value: Canada Market during 2018-2029 in US$ billion
Figure 179: By volume: Share of Canada Market during 2018-2029 in %
Figure 180: By volume: Canada Market during 2018-2029 in million tons
Figure 181: By value: Share of Mexico Market during 2018-2029 in %
Figure 182: By value: Mexico Market during 2018-2029 in US$ billion
Figure 183: By volume: Share of Mexico Market during 2018-2029 in %
Figure 184: By volume: Mexico Market during 2018-2029 in million tons
Figure 185: By value: Share of Germany Market during 2018-2029 in %
Figure 186: By value: Germany Market during 2018-2029 in US$ billion
Figure 187: By volume: Share of Germany Market during 2018-2029 in %
Figure 188: By volume: Germany Market during 2018-2029 in million tons
Figure 189: By value: Share of Italy Market during 2018-2029 in %
Figure 190: By value: Italy Market during 2018-2029 in US$ billion
Figure 191: By volume: Share of Italy Market during 2018-2029 in %
Figure 192: By volume: Italy Market during 2018-2029 in million tons
Figure 193: By value: Share of France Market during 2018-2029 in %
Figure 194: By value: France Market during 2018-2029 in US$ billion
Figure 195: By volume: Share of France Market during 2018-2029 in %
Figure 196: By volume: France Market during 2018-2029 in million tons
Figure 197: By value: Share of China Market during 2018-2029 in %
Figure 198: By value: China Market during 2018-2029 in US$ billion
Figure 199: By volume: Share of China Market during 2018-2029 in %
Figure 200: By volume: China Market during 2018-2029 in million tons
Figure 201: By value: Share of India Market during 2018-2029 in %
Figure 202: By value: India Market during 2018-2029 in US$ billion
Figure 203: By volume: Share of India Market during 2018-2029 in %
Figure 204: By volume: India Market during 2018-2029 in million tons
Figure 205: By value: Share of Japan Market during 2018-2029 in %
Figure 206: By value: Japan Market during 2018-2029 in US$ billion
Figure 207: By volume: Share of Japan Market during 2018-2029 in %
Figure 208: By volume: Japan Market during 2018-2029 in million tons
Figure 209: By value: Share of Brazil Market during 2018-2029 in %
Figure 210: By value: Brazil Market during 2018-2029 in US$ billion
Figure 211: By volume: Share of Brazil Market during 2018-2029 in %
Figure 212: By volume: Brazil Market during 2018-2029 in million tons
Figure 213: By value: Share of Argentina Market during 2018-2029 in %
Figure 214: By value: Argentina Market during 2018-2029 in US$ billion
Figure 215: By volume: Share of Argentina Market during 2018-2029 in %
Figure 216: By volume: Argentina Market during 2018-2029 in million tons
Figure 217: By value: Share of Colombia Market during 2018-2029 in %
Figure 218: By value: Colombia Market during 2018-2029 in US$ billion
Figure 219: By volume: Share of Colombia Market during 2018-2029 in %
Figure 220: By volume: Colombia Market during 2018-2029 in million tons
Figure 221: By value: Share of South Africa Market during 2018-2029 in %
Figure 222: By value: South Africa Market during 2018-2029 in US$ billion
Figure 223: By volume: Share of South Africa Market during 2018-2029 in %
Figure 224: By volume: South Africa Market during 2018-2029 in million tons
Figure 225: By value: Share of UAE Market during 2018-2029 in %
Figure 226: By value: UAE Market during 2018-2029 in US$ billion
Figure 227: By volume: Share of UAE Market during 2018-2029 in %
Figure 228: By volume: UAE Market during 2018-2029 in million tons
Figure 229: By value: Share of Saudi Arabia Market during 2018-2029 in %
Figure 230: By value: Saudi Arabia Market during 2018-2029 in US$ billion
Figure 231: By volume: Share of Saudi Arabia Market during 2018-2029 in %
Figure 232: By volume: Saudi Arabia Market during 2018-2029 in million tons
Figure 233: BASF
Figure 234: Eastman
Figure 235: OQ Chemicals
Figure 236: Perstorp
Figure 237: The Dow Chemical Company
Figure 238: Sinopec
Figure 239: Mitsubishi Chemical Corporation
Figure 240: KH Neochem
Figure 241: Oxochemie
Figure 242: Sasol
Research Methodology
This report uses a comprehensive and iterative research methodology including bottom-up and top-down approaches, to minimize deviance and consequently provide accurate market estimates and forecasts. Additionally, we make use of market breakdown and data triangulation procedures to validate our findings.
Secondary Research
We strictly make use of authentic and credible secondary sources such as company filings, white papers published by reputable authorities and institutions, journals, articles published by industry experts and other gold and silver standard databases such as Bloomberg, Dunn & Bradstreet, Standard & Poor’s and Thomson Reuters, among others.
Primary Research
Our findings from secondary sources are then validated by exhaustive primary interviews either through online surveys or on the phone. Importantly, we conduct these interviews all across the world, either internally or through channel partners in various locations, to get critical local insights as well.
 |
| Report Parameters | Details |
|---|---|
| Time Period Considered | 2018-2029 |
| Historical Period | 2018-2021 |
| Forecast Period | 2022-2029 |
| Units considered | Volume in kilotons, revenue in US$ million/billion |
| Report Coverage | Value/Revenue forecast, competitive landscape, drivers, challenges, opportunities, and trends |
| COVID-19 | Impact of the COVID-19 pandemic has been factored in the revenue estimations, trends, and drivers |
| Segments | By End use Industry By Application By Region |
| Regions included in the study | Asia Pacific (APAC), North America, Europe, Middle East and Africa, South America |
| Companies Profiled | BASF, Eastman, OQ Chemicals, Perstorp, The Dow Chemical Company, Sinopec, Mitsubishi Chemical Corporation, KH Neochem, Oxochimie, and Sasol |
The global n-Butanol market size was estimated at US$6.7 billion in 2021 and is expected to reach US$6.9 billion in 2022.
The global n-Butanol market is expected to grow at a compound annual growth rate of 3.2% from 2022 to 2029 to reach US$8.6 billion by 2029.
In 2021, the APAC accounted for 54.7% of the n-Butanol market.
Butyl Acrylate segment dominated the n-Butanol market with a share of 41.6% in 2021.
Some key players operating in the n-Butanol market include BASF, Eastman, OQ Chemicals, Perstorp, The Dow Chemical Company, Sinopec, Mitsubishi Chemical Corporation, KH Neochem, Oxochimie, and Sasol.
Key factors that are driving the market growth are the growing consumption of n-Butanol as a solvent during the forecast period. The chemical is extensively utilized as a solvent for many applications, because of its compatibility with many resin formulations.