N Butanol Market : Scope ,Demand , Significant Growth, Segmentation | Forecast Year (2020-2030)

The global market for n butanol is projected to witness considerable growth owing to its numerous benefits in chemical industry and automotive applications. As butanol reduces emissions such as unburned hydrocarbons its utilization as an automotive fuel to clean air demands its adoption in automobile industries.

Its use as a solvent for paints, coatings, varnishes, fats, oils, wax rubber for chemical industries and also use in makeup products, nail products, personal care and hygiene products encourages the manufacturers to scale its production.

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Increased Construction Activities may boost the Adoption

Rapid industrialization and construction activities especially in developing economies require decoration and protective materials too that may lead to the growth of products of n-butanol. As paint, and coatings are required for construction activities, consumers may adopt n-butanol applications. Moreover, China, Malaysia, Japan etc. invest around 5% of GDP for construction and infrastructure as per aiib.org.

n- Butanol as a Clean Fuel to have Lucrative growth

As per sciencedirect article, n-butanol can replace diesel engine as a next generation biofuel owing to its efficient operation, pollution mitigation and carbon dioxide reduction. N- butanol combustion exhibits rapid burning and engine load is generally limited below 50% of the baseline capability. Regulations by government in various countries are leading the consumers and manufacturers to use n-butanol as a fuel.

n butanol market

For instance, European Commission has proposed reduction of carbon dioxide by 15% in 2025 and 30% by 2030 for heavy duty trucks. For light weight vehicles the target is to reduce 31% by 2030 and 37.5% for passenger cars.

Vehicle running on n-butanol fuel can achieve carbon dioxide emission from 35% to 80% depending on the biomass technology. Therefore, its growth in nations focusing on environmental issues may have a huge demand.

Difficult Process of Production of n-butanol

n-butanol production is done by fermentation of butanol mixed with ethanol and acetone by Clostridium/ABE fermentation. The production by Clostridium remains a difficult process in genetically manipulating clostridial strains. Also, the fermentation technique aids some toxic bacteria due to the result most of the n-butanol is produced synthetically from crude oil. Fluctuations in the price of crude oil gets reflected in the end use product thus, hampering its growth in directly.

Competitive Landscape

The prominent players in the industry include: BASF, DOW Chemical Company, OQ Chemicals, SASOL, Petrochina, Mitsubishi Chemical Company, KH Neochem, Eastman (US), BASF Petronas Chemicals, Cobalt Technologies, Oxochimie, Andhra Petrochemicals, National Petroleum Corporation, Green Biologics, China National Petroleum Corporation, Saudi Kayan Petrochemical Company, Eastman Renewable Materials, LLC, INEOS Oxide Ltd., Perstorp Holding AB, etc.

OQ chemicals have announced the increase in their raw material costs to be effective from March 2021. The rates of 2-ethylhexanol, n-butanol, isobutanol, n-butyl acetate, isobutyl acetate, n-propanol, n-propyl acetate, trimethylolpropane are expected to be revised. OQ Chemicals Corporation will be allocating global supply for all unfilled and future purchase orders. Many products among the list are used for the production of high quality lubricants, cosmetics and pharmaceutical products.

BASF Digital Farming have partnered with Zen-noh for the development of xarvio FIELD MANAGER, an AI based digital crop optimization platform in July 2020 expected to be launch in April 2021. The product offers real time information and recommendation supporting farmers to make well informed and analysed decisions. Farmers can be informed about growth stages of crops and risk of diseases and weeds derived from robust data backbones such as weather data and satellite data.

DOW Chemical and Johnson Matthey in Feb 2020 has selected LP Oxo Selector Technology to produce butanol at a new manufacturing facility. The technology licensed through DOW and JM enables the efficient production of butanol with low investment and operating cost. The new facility will represent 55th license of LP Oxo Technology in partnership with DOW.

Regional Outlook

Demand of n butanol is projected to surge owing to different factors, for instance cosmetic industries, construction activities, as a clean fuel, etc.

Asia Pacific is projected to hold the largest share in the demand of n butanol. Growth in construction industries, pharmaceuticals, textile, paint & coatings in the region contributes the adoption of n butanol applications. As per adb.org, growth in construction industry in Asia is expected to rebound by 6.8% in 2021 after the 0.7% decline in 2020. China can witness a growth of 7.7% in 2021 while India’s construction sector can grow up to 8% in the coming year which also leads the demand for paints and coatings growing the adoption of n-butanol. Cosmetic industry is also the biggest factor for growth of n butanol in the region as, as per medalerthelp.org, Asia accounts for 39% of the global cosmetic product market.

Growing demand of cosmetics in Europe is also a factor for growth of n butanol in the region. As per Medalerthelp.org, UK ranks third in terms of beauty products preceded by Germany and France. The demand of skin care products among people value up to 22.3% and hair care item demand of 17.9%. Whole Europe contributes 24% of global beauty market thus growing the requirement of n butanol in the region.

North America is expected to show significant growth due to the expansion of personal care, textile industry and medical sector in the region. Demand for butyl acrylate, and glycol with low prices of shale gas could be the growing factor for the adoption of n butanol. Moreover, with 25% of share in cosmetic industry, the country is the second growing industry in manufacturing of cosmetic product as per medalerthelp.org, therefore, comprising the demand for n butanol in the market.

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Segmentation

By Application

Butyl Acrylate
Butyl Acetate
Glycol Ethers
Direct Solvent
Plasticizers
Lubricants
Agriculture Intermediates
Coating resin
By End Use

Agriculture
Marine Industry
Pharmaceutical
Chemical Industry
Personal Care
Paints and Coatings
Construction
By Region

North America
Asia Pacific
Europe
Middle East and Africa
Key Questions Answered

Which end user industry to grow the n-butanol market?Personal care, construction and paints & coatings.
Which region to hold the largest growth?Asia Pacific is expected to lead the market owing to growth in construction industries, automotive production in China, and other countries etc.
Which n-butanol product by application is expected to grow the industry?Butyl acrylate owing to its increasing use in composition of various copolymers.
What are the types of n-butanol as per application?Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvent, Plasticizers, etc. are the applications of n-butanol.
What are the key players in the growth of n-butanol?Eastman (US), BASF Petronas Chemicals, Cobalt Technologies, Oxochimie, Andhra Petrochemicals, etc.

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