Isobutanol Market 2019 Outlook, Market share, Emerging Technology and Trends, growth forecast 2023 by BASF SE , Eastman Chemical Company , Gevo , Butamax® Advanced Biofuels LLC, Sahara PCC, The Dow Chemical Company , Mitsubishi Chemical Corporation

Isobutanol Market Overview:

Isobutanol is a colorless liquid with four carbon branched chain alcohol is commonly used as a raw material for isobutyl methacrylate, isobutyl acetate, coating resins, isobutyl acrylate, and paint thinners. Isobutanol is miscible with all common solvents such as ketones, ethers, glycols, alcohols, aldehydes, and aliphatic and aromatic hydrocarbons. It is broadly used as a diluent in cellulose nitrate lacquers and offers to enhance their gloss, flow, and resistance to blushing. It is widely used in numerous end-use industries such as oil & gas, paint & coatings, chemicals, textiles, pharmaceutical, and others on account of their excellent properties.

Competitive Analysis:

The major players operating in the isobutanol market are BASF SE (Germany), Eastman Chemical Company (U.S.), Gevo (U.S.), Butamax® Advanced Biofuels LLC (U.S.), Sahara PCC (Saudi Arabia), The Dow Chemical Company (U.S.), Mitsubishi Chemical Corporation (Japan), OXEA GmbH (Germany), INEOS (UK), SIBUR (Russia), Lesaffre Advanced Fermentations (France) among others.

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Some of the important factors that positively influence the growth of the isobutanol market are expanding building & construction industry, continuous growth of woodworking industry, and rising demand for marine & aerospace coatings. It is also used as flavoring agent in food industry hence increasing processed foods industry in developing countries are predicted to fuel isobutanol market over the assessment period.

Moreover, growing population along with rising construction projects in various economies has increased the consumption of isobutanol based coatings, which is likely, to propel the growth of the market over the assessment period, during 2017 to 2023. However, fluctuating crude oil price affects the raw material prices of isobutanol, which in turn, is estimated to hamper the growth of the market in the next few years.

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Market Segmentation:

The global isobutanol market is divided on the basis of type, application, end use industry, and region. On the basis of the type, isobutanol market is bifurcated into bio-based and synthetic. Among them, bio-based type segment is estimated to witness tremendous growth due to increasing environmental concern along with the implementation of stringent regulations by various government bodies regarding the VOC emission level. On the basis of the application, the market is categorized into intermediate, solvent, solubilizer, extracting agent, additive, and others.

Among these, intermediate accounted for the leading market share in 2016 and is estimated to retain its dominance over the assessment period due to the continuous expansion of petrochemical industry specifically in the Asia Pacific and the Middle East & Africa. On the basis of the end-use industry, the market is further classified into pharmaceuticals, oil & gas, paint & coatings, textiles, chemicals, and others. Among the end use industry segment, oil & gas is predicted to register the highest growth owing to increasing demand for high performance/clean fuel is expected to propel the segment over the estimated period.

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Isobutanol Market

5 Industry Overview Of Global Isobutanol Market

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