Press release
N-Butylene Oxide 1,2 Market - This is How Leading Companies Are Dominating the Global Market
During the projection period of 2022-2032, it is predicted that sales in the global n-butylene oxide 1,2 market will increase at a CAGR of roughly 7% to 8%. According to estimates, the market demand for n-butylene oxide 1,2 will be aided by the increased emphasis being placed on boosting oil and gas production in nations like the United States, China, Germany, Russia, and India, among others.N-Butylene Oxide 1,2 is an organic compound with ethereal odor. N- Butylene Oxide 1,2 is also known as 1,2-Epoxybutane, α-Butylene oxide, 1,2-Buteneoxide and 1,2-Butyleneoxide. It is flammable liquid and is soluble in water. N-butylene oxide 1,2 is clear colorless volatile liquid. N-butylene oxide 1,2 is a chiral epoxide synthesized through oxidation of 1-butene. The two main manufacturing processes of N-butylene oxide 1,2 are direct oxidation process and chlorohydrin process. In the direct oxidation process comprises catalytic oxidation of butylene to butylene oxide. And in the chlorohydrin process, butylene is reacted with chlorine in presence of water which is followed by dehydrochlorination with lime or caustic to form salt and butylene oxide. Generally, chlorohydrin process is more widely used.
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N-butylene oxide 1,2 is used for different applications in various industries. N-butylene oxide is widely is used as chemical intermediate or chemical reagent for the synthesis of butylene glycol and their derivatives. It is also used as non-ionic surfactant in textiles and dyeing auxiliaries. It is used as an additive for fuel and lubricants and as de-emulsifier in oil & gas industry. N-butylene oxide 1,2 is also used as a stabilizer for halogenated solvents and as a solvent for polymer & resin processing. N-butylene oxide 1,2 is flammable compound and is slightly toxic, owing to which there are exposure limits are being imposed on N-butylene oxide 1,2 by number of organizations.
N-Butylene Oxide 1,2 Market: Regional Outlook
Asia Pacific region is estimated to be the prominent market for N-butylene oxide 1,2 because of rapidly growing industrial activities and substantial growth of chemical, polymer and textile industries.
Also the lenient regulations in Asia Pacific will positively influence the market growth. Predominance of chemical industry and significant presence of other industries in the regions such as Europe and North America, owing to which North America and Europe can be considered as promising market for N-butylene oxide 1,2.
However increasing number of regulations and stringent environmental policies might slowdown the market growth. Latin America is estimated to be the potential market for N-butylene oxide 1,2 owing to increased environmental activities. High presence of oil & gas industry in Middle East and rising industrial activities in Africa is anticipated to make Middle East & Africa strong market for n-butylene oxide.
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N-Butylene Oxide 1,2 Market: Key Participants
Examples of some of the market participants operating in the global N-Butylene Oxide 1,2 market are:
BASF SE, DowDupont Inc., Ningbo Inno Pharmche, Tokyo Chemical Industry Co., Ltd., Merck KGaA, Haihang Industry Co., Ltd., Santa Cruz Biotechnology, Inc., Chemos GmbH & Co. KG, Hangzhou Dayangchem Co. Ltd., Kinbester Co., Ltd., Zehao Industry Co., Ltd., Leap Labchem Co., Ltd, and Hangzhou J&H Chemical Co., Ltd. among others.
The N-butylene oxide 1,2 market research report presents a comprehensive assessment of the N-butylene oxide 1,2 market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The N-butylene oxide 1,2 market research report provides analysis and information according to N-butylene oxide 1,2 market segments such as geographies, application and industry.
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N-Butylene Oxide 1,2 Market: Segmentation
The global N-Butylene Oxide 1,2 market can be segmented on the basis of purity, end-use and by application
The global N-butylene Oxide 1,2 market is segmented on the basis of its purity:
• Low Purity (>99%)
• High Purity (99%)
The global N-butylene Oxide 1,2 market is segmented on the basis of its end-use:
• Fuel & Lubricants
• Textiles
• Oil & Gas
• Chemicals
• Plastic & Polymers
The global N-butylene Oxide 1,2 market is segmented on the basis of its application:
• Chemical Intermediate
• Non-ionic surfactant
• Solvent
• De-emulsifier
• Additives
• Stabilizer
• Defoamer
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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