Press release
Methyl Isobutyl Carbinol (MIBC) Market: Competitive Dynamics & Global Outlook 2023
Methyl Isobutyl Carbinol (MIBC), also named 4-Methyl-2-pentanol, is a colorless stable liquid with a medium odor, an organic chemical compound. The chemical formula of methyl isobutyl carbinol is C6H14O, with molar mass of 102.174. The CAS number is 108-11-2.
MIBC has limited solubility in water, but is miscible with most organic solvents. It can be used as a latent solvent within a solvent blend to alter performance characteristics such as drying, curing, viscosity and flow. It also has good solvent power for dissolving oils, waxes, gums, natural resins and cellulose.
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Global Methyl Isobutyl Carbinol (MIBC) Market: Forecast by Type / Application / Region
The main uses of MIBC are as a frother in mineral flotation and in the production of lubricant oil additives. Besides that, MIBC can also be applied in surface coatings, thinners, printing inks, adhesives, cosmetics, toiletries and cleaners.
With developed manufacturing technology, America is the largest supplier of MIBC, occupying 48% production market share. On the other hand, America is also the largest consumption market with sales market share of 42%. Europe followed, with a sales market share of 32% and production market share of 30%.
Generally, the high-purity MIBC is widely used in various lubricant, paintings and coatings. In the last several years, the fast development of automotive industry drives the demand of lubricant and mass constructions also required these paintings and coatings.
On the other hand, the price of MIBC was followed the price trend of oil in the last several years. The price wave of raw materials also influenced MIBC’s price largely. In addition, the consumption market is relative little due to the substitute products.
Over the next five years, LPI(LP Information) projects that Methyl Isobutyl Carbinol (MIBC) will register a 0.7% CAGR in terms of revenue, reach US$ 130 million by 2023, from US$ 120 million in 2017.
Global Methyl Isobutyl Carbinol (MIBC) Market: Key Players
Celanese
Shell Chemicals
Dow Chemical
Arkema
Solvay (Rhodia)
Monument Chemical
Mitsui Chemicals
Japan Refine
Weifang Yihua
Hubei Jusheng
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Related Information:
United States Methyl Isobutyl Carbinol (MIBC) Market Research Report 2018
Europe Methyl Isobutyl Carbinol (MIBC) Market Research Report 2018
North America Methyl Isobutyl Carbinol (MIBC) Market Research Report 2018
Asia-Pacific Methyl Isobutyl Carbinol (MIBC) Market Research Report 2018
China Methyl Isobutyl Carbinol (MIBC) Market Research Report 2018
EMEA Methyl Isobutyl Carbinol (MIBC) Market Research Report 2018
Global Methyl Isobutyl Carbinol (MIBC) Market Research Report 2018
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