n-Butanol Market Trends Demand Analysis 2022-2029

The n-Butanol Market is expected to grow at a CAGR of 4.34% during the forecast period 2022-2029. North America region has the highest market share in the n-Butanol Market, and it is further continuing its dominance during the forecast period.

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Our research report gives wide perceptions of the latest trends and development prospects of the market analysis, detailed segmentation analysis, volume, size, share, growth drives, and opportunities in the market. In-depth regional and country-level illustration of the competitive landscape depends on several phases and status of clinical trials over the prominent economies of the globe, and also report contains a number of major companies profiled in the relevant market.

Market Drivers:

The demand for n-Butanol has recently increased as a result of rapid urbanization and industrialization in important nations like China and India. The building and construction industry requires high-performance materials for decoration and protection. Paint, coatings, adhesives, and sealants, among other building and construction systems based on n-butanol, must be exceptionally consistent and cost-effective.

Consequently, the demand for n-Butanol-based solutions is rising in the building and construction sector. It is anticipated that the need for improved infrastructure and residential spaces and the rising population in emerging regions, particularly Asia-Pacific, will drive global use of n-Butanol. the largest contributor to the size of the market for residential and commercial n-Butanol-based systems. Residential construction has increased significantly in recent years as a result of changing lifestyles, rising disposable incomes, easier financing options, increased investment levels, and an increased demand for single-family homes.

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Market Segmentation:

By Application:
• Butyl Acrylate
• Butyl Acetate
• Glycol Ethers
• Direct Solvents
• Plasticizers
• Others

By Grade:
• Pharmaceutical
• Industrial
• Chemical

Geographical Classification:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East
• Africa

Major Companies Listed:

Dow Chemical Company, BASF SE, Eastman, OQ Chemicals, Mitsubishi Chemical Company, Sinopec, KH Ecochem, Sasol Ltd, Cobalt Technologies and Formosa Plastics Corp.

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This release was published on openPR.