Press release
N-butanol Market Size, Growth 2021 Global Business Industry Revenue, Demand and Applications to 2031
๐-๐๐ฎ๐ญ๐๐ง๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ: ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐งTransparency Market Research delivers key insights on the global N-butanol market. In terms of revenue, the global N-butanol market is estimated to expand at a CAGR of 6.1% during the forecast period, owing to numerous factors, regarding which TMR offers thorough insights and forecasts in its report on the global N-butanol market.
๐๐๐ญ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ญ๐๐ข๐ฅ๐ฌ -https://www.transparencymarketresearch.com/n-butanol-market.html
The global N-butanol market is broadly affected by several factors, including usage of N-butanol in paints & coatings applications. Increase in applications of N-butanol in the building & construction sector is propelling the global N-butanol market.
๐-๐๐ฎ๐ญ๐๐ง๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The increase in the demand for butyl acrylate in the building & construction industry is expected to boost the global N-butanol market during the forecast period. The expansion of the building & construction industry in India and China is anticipated to boost the consumption of N-butanol during the forecast period.
๐๐๐ญ ๐๐๐ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ซ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐ฎ๐ฌ๐ข๐ง๐๐ฌ๐ฌ ๐๐ง๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ง๐๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=54084
The usage of N-butanol is increasing in butyl carboxylate and direct solvent applications, owing to its solubility and changing customer and regulatory requirements. This is expected to boost the demand for N-butanol. Key attributes such as excellent reactivity as an intermediate, ready biodegradability, and solubility in almost all organic solvents have further propelled the demand for N-butanol in the production of butyl acetate, an active industrial solvent.
The paints & coatings industry is likely to be driven by the increase in consumption of paints and coatings in construction, automotive, and general industries. The rise in the application of paints and coatings across the globe is anticipated to boost the consumption of N-butanol.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ -https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=54084
N-butanol Market: Prominent Regions
Asia Pacific is a highly lucrative region of the global N-butanol market. N-butanol is used in the production of paints & coatings, adhesives & sealants, plastic additives, and various other products, especially in Asia Pacific. Increase in production of paints and coatings and growth of the building & construction sector are anticipated to drive the N-butanol market in Asia Pacific.
North America is also estimated to be a highly attractive region of the global N-butanol market. The market in the region is expected to expand at a considerable CAGR during the forecast period due to high demand for N-butanol in automotive, paints & coatings, adhesives & sealants, and plastic additives industries in the region.
Construction and automotive industries in Europe are expanding at a rapid pace. This is increasing the demand for paints and coatings, adhesives, plastic, rubber, etc. In turn, this is projected to boost the demand for N-butanol in the region.
N-butanol is a preferred choice of material for a wide range of water-based coating formulations and adhesive & sealant applications, owing to the high color stability, softness, flexibility, and high adhesion strength of various N-butanol based products. The increase in the demand for N-butanol in these applications is expected to boost the market in Europe in the near future.
๐-๐๐ฎ๐ญ๐๐ง๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ: ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
The global N-butanol market is consolidated with the presence of a few large players. Key players operating in the global N-butanol market are Eastman Chemical Company, Mitsubishi Chemical Corporation, SABIC, Dow, GALAXY CHEMICALS, KH Chemicals, Solventis, KH Neochem Co., Ltd., and OQ Chemicals GmbH.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก -https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=54084
Global N-butanol Market: Segmentation
N-butanol Market, by Application
Butyl Carboxylate
Butyl Acetate
Butyl Acrylate
Glycol Ether
Others (including Butyl Ester)
Direct Solvents
Specialty Chemicals
Rubber & Plasticizers
Others (including Ester and Biofuel)
๐-๐๐ฎ๐ญ๐๐ง๐จ๐ฅ ๐๐๐ซ๐ค๐๐ญ, ๐๐ฒ ๐๐ง๐-๐ฎ๐ฌ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ
Agriculture
Building & Construction
Paints & Coatings
Marine
Pharmaceutical
Chemical
Personal Care
Others (including Oil & Gas and Automotive)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก -
๐๐๐ญ๐๐ฅ๐ฅ๐ข๐ ๐๐ญ๐๐๐ซ๐๐ญ๐๐ฌ ๐๐๐ซ๐ค๐๐ญ -https://www.prnewswire.com/news-releases/metallic-stearates-market-to-reach-us-3-5-bn-by-2030-tmr-study-301635729.html
๐๐๐ซ๐ข๐ญ๐ ๐๐๐ซ๐ค๐๐ญ -https://www.accesswire.com/718291/Barite-Market-to-Expand-at-A-CAGR-of-5-During-Forecast-Period-Notes-TMR-Study
๐๐๐จ๐ฎ๐ญ ๐๐ฌ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
Nikhil Sawlani
Transparency Market Research Inc.
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