Press release
N-butanol Market Size, Share, Development by 2024
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N-butanol is a primary alcohol with a 4-carbon structure and the chemical formula C4H9OH. Its isomers include isobutanol, 2-butanol, and tert-butanol. Butanol is one of the group of “fusel alcohols”, which have more than two carbon atoms and have significant solubility in water. N-butanol occurs naturally as a minor product of the fermentation of sugars and other carbohydrates, and is present in many foods and beverages.
Scope of the Report:
The n-butanol industry is mainly in the United States, Europe, Japan and China, among which the United States is the largest country in the production of butanol. The major producers include BASF, Dow, Oxea, Eastman, Formosa, China Nation Petroleum, Kyowa Hakko, etc. BASF is the largest producer in the world, taking 12.44% in the production share in 2017. Dow Company followed as second producer.
The consumption of n-butanol is mainly in the United States, Europe and Asia-Pacific, while Asia-Pacific taking more than 51.84%, United States taking 22.14%. Market of the United States, Europe and Japan n-butanol has matured with excessed capacity, decreasing demand, while for the rest of Asia the demand has rapid growth in demand in recent years.
In Africa, the demand of n-butanol downstream is small. So the producer of n-butanol in Africa, such as Sasol limited, usually exports the n-butanol.
The worldwide market for N-butanol is expected to grow at a CAGR of roughly 3.5% over the next five years, will reach 7650 million US$ in 2024, from 6440 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the N-butanol in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
BASF
DowDuPont
Oxea Group
Eastman Chemical Company
Formosa Plastic Group
Sasol Limited
Oxochimie
Kyowa Hakko
SABUCO
Perstorp Oxo
Mitsubishi Chemical
PETRONAS Chemicals Group
Optimal Chemicals
LG Chem
Elekeiroz
China Nation Petroleum
Sinopec Group
Yankuang Group
Bohai Chemical Industry Co.,Ltd
Wanhua
Huachang Chemical
Hualu-Hengsheng
Luxi Chemical
Lihuayi Group
Anqing Shuguang Chemical
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Industrial Grade
Reagent Grade
Market Segment by Applications, can be divided into
Butyl Acrylate
Butyl Acetate
Glycol Ethers
Direct Solvent
Other
For More Information On This Report, Please Visit @
https://www.globalinforesearch.com/global-n-butanol-market_p108445.html
Related Information:
North America N-butanol Market Growth 2019-2024
United States N-butanol Market Growth 2019-2024
Asia-Pacific N-butanol Market Growth 2019-2024
Europe N-butanol Market Growth 2019-2024
EMEA N-butanol Market Growth 2019-2024
Global N-butanol Market Growth 2019-2024
China N-butanol Market Growth 2019-2024
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