openPR Logo
Press release

Tert-butanol Industry Is Projected To Reach US$ 768.4 Mn By 2031

02-15-2024 08:26 AM CET | Chemicals & Materials

Press release from: Transparency Market Research

Tert-butanol Industry Is Projected To Reach US$ 768.4 Mn By 2031

Tert-butanol, also known as 2-methyl-2-propanol, is a clear, colorless liquid with a camphor-like odor. It is widely used as a solvent, a chemical intermediate, and a denaturant for ethanol. The tert-butanol market is expected to witness significant growth during the forecast period due to its versatile applications across various industries.

Market Size and Growth:

The global tert-butanol market is projected to experience substantial growth from 2022 to 2031. Factors such as increasing demand for solvents in the chemical industry, growing use of tert-butanol in pharmaceuticals, and rising adoption in the manufacturing of perfumes and flavors are driving market growth.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ญ (๐”๐ฌ๐ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ž ๐Œ๐š๐ข๐ฅ ๐ˆ๐ ๐Ÿ๐จ๐ซ ๐๐ฎ๐ข๐œ๐ค ๐‘๐ž๐ฌ๐ฉ๐จ๐ง๐ฌ๐ž) - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=12878&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Market Segmentation:

By Service Type:

Solvent
Intermediate
Denaturant

By Sourcing Type:

Synthetic
Natural

By Application:

Chemical Synthesis
Pharmaceuticals
Perfumes and Flavors
Others

By Industry Vertical:

Chemicals
Pharmaceuticals
Food and Beverage
Others

By Region:

North America
Europe
Asia-Pacific
Latin America
Middle East and Africa

๐†๐ž๐ญ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐’๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐’๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง๐ฌ: https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=12878&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Regional Analysis:

North America: The tert-butanol market in North America is driven by the presence of key pharmaceutical and chemical industries.
Europe: Growing demand for tert-butanol in the food and beverage industry is fueling market growth in Europe.
Asia-Pacific: Rapid industrialization and increasing investments in the chemical sector are boosting the tert-butanol market in Asia-Pacific.
Latin America: The market in Latin America is witnessing growth due to rising adoption in the pharmaceutical industry.
Middle East and Africa: Increasing use of tert-butanol in the manufacturing of flavors and fragrances is driving market growth in the Middle East and Africa.

Market Drivers and Challenges:

Drivers:

Growing demand for solvents in various industries
Increasing use of tert-butanol in pharmaceutical applications
Rising adoption in the manufacturing of perfumes and flavors

Challenges:

Fluctuating prices of raw materials
Stringent regulations regarding the use of chemicals

Market Trends:

Increasing focus on research and development activities
Growing preference for eco-friendly solvents
Rising investments in the chemical industry

Competitive Landscape:

The global tert-butanol market is highly competitive, with several key players dominating the market. These players are focusing on strategic collaborations, product innovations, and mergers and acquisitions to strengthen their market position.

๐‡๐š๐ฏ๐ž ๐€๐ง๐ฒ ๐๐ฎ๐ž๐ซ๐ฒ? ๐€๐ฌ๐ค ๐“๐จ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ: https://www.transparencymarketresearch.com/sample/sample.php?flag=ASK&rep_id=12878&utm_source=OpenPR_Sudha&utm_campaign=OpenPR

Future Outlook:

The tert-butanol market is expected to witness significant growth in the coming years, driven by increasing demand from various end-use industries. Factors such as technological advancements, growing investments in the chemical sector, and expanding applications of tert-butanol are expected to further boost market growth.

Key Market Study Points:

Market size and growth rate
Market segmentation
Regional analysis
Market drivers and challenges
Market trends
Competitive landscape
Future outlook

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก -

Bio-based Bisphenol-A Market - https://www.globenewswire.com/en/news-release/2022/10/10/2531007/0/en/Bio-based-Bisphenol-A-Market-to-reach-US-262-1-Mn-by-2031-TMR-Study.html

๐๐ข๐จ-๐ž๐ฆ๐ฎ๐ฅ๐ฌ๐ข๐จ๐ง ๐๐จ๐ฅ๐ฒ๐ฆ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ- https://www.prnewswire.com/news-releases/bio-emulsion-polymers-market-to-reach-us-2-bn-by-2030-tmr-study-301644416.html

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ ๐“๐ซ๐š๐ง๐ฌ๐ฉ๐š๐ซ๐ž๐ง๐œ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก

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.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ

Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Tert-butanol Industry Is Projected To Reach US$ 768.4 Mn By 2031 here

News-ID: 3385780 • Views: โ€ฆ

More Releases from Transparency Market Research

Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 - Transparency Market Research
Global Solar Powered Agricultural Dryer Market to Exceed USD 2.4 Billion by 2031 โ€ฆ
The global solar powered agricultural dryer market, valued at US$ 1.6 billion in 2022, is projected to grow at a CAGR of 5.8% from 2023 to 2031, reaching US$ 2.4 billion by the end of 2031. Rising investments in renewable energy, growing awareness of sustainable agricultural practices, and the rapid expansion of the agricultural sector driven by population growth are key factors fueling market growth. Uncover essential discoveries and trends fromโ€ฆ
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Radiopharmaceuticals to Propel Market Expansion | Transparency Market Research, Inc
Technetium-99m Market Forecast 2034: Rising Demand for Diagnostic Imaging and Ra โ€ฆ
The global Technetiumโ€99m Market was valued at US$ 6.0 Billion in 2023 and is projected to grow at a CAGR of 3.3% from 2024 to 2034, surpassing US$ 8.6 Billion by the end of the forecast period. Advancements in nuclear imaging infrastructure, government-backed healthcare initiatives, and an increasing demand for precise diagnostic procedures are fueling this growth. Discover essential conclusions and data from our Report in this sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=77100 Analysts' Viewpoint The Technetiumโ€99mโ€ฆ
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to US$ 280 Million by 2030, Driven by Rising Equine Diseases and Diagnostic Advancements
Equine Diagnostic Services Market Outlook 2030: From US$ 168 Million in 2019 to โ€ฆ
The global Equine Diagnostic Services Market, valued at approximately US$ 168 million in 2019, is projected to expand at a compound annual growth rate (CAGR) of ~5% from 2020 to 2030, reaching around US$ 280 million by 2030. Equine diagnostic services, encompassing tests like genetic, infectious disease, and imaging diagnostics, are critical for managing horse health in veterinary hospitals, clinics, and mobile settings. The market is driven by increasing equineโ€ฆ
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of 6.1%
Digital Printing Market to Reach USD 54.4 Billion by 2034, Growing at a CAGR of โ€ฆ
The digital printing market is experiencing strong growth, driven by rapid technological advancements, rising demand for personalized and on-demand printing, and an increasing focus on sustainable solutions. Digital printing allows for the direct transfer of digital files onto a wide range of substrates, offering high-resolution output with greater speed and flexibility. Its adaptability has led to broad adoption across industries such as packaging, textiles, publishing, and advertising-sectors where customization, efficiency,โ€ฆ

All 5 Releases


More Releases for America

Deodorants Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Deodorants market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compoundโ€ฆ
Sequestrant Market Report by Region (North America, EMEA, Latin America, Asia)
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Sequestrant market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%), compoundโ€ฆ
Buttermilk Market Study by Region (North America, Latin America, Europe, Asia, M โ€ฆ
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Buttermilk market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),โ€ฆ
Masterbatches Market Study by Region (North America, Latin America, Europe, Asia โ€ฆ
2025 - Pristine Market Insights, a leading market research firm, announced the release of its latest and comprehensive market research report on Masterbatches market. The report spans over 500 pages and delivers 10-year market forecast in US dollars (or custom currencies upon request). It provides in-depth analysis of market dynamics (drivers, opportunities, restraints), PESTLE insights, latest industry trends, and demand factors. The report includes segmented market value, share (%),โ€ฆ
Textiles Market Analysis Report, Regional Outlook - Europe, North America, South โ€ฆ
Adroit Market Research has announced the addition of the โ€œGlobal Textiles Market Size Status and Forecast 2025โ€, The report classifies the global Textiles in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth. This report studies the global Textiles Speaker market, analyzes and researches the Textiles Speaker development status and forecast in Europe, North America, Central America, South America, Asia Pacificโ€ฆ
Global Gaucher Disease Market 2018 Covering North America, South America, Europe
Gaucher Diseaseย Market Summary The Global Gaucher Diseaseย Marketย is defined by the presence of some of the leading competitors operating in the market, including the well-established players and new entrants, and the suppliers, vendors, and distributors. The key players are continuously focusing on expanding their geographic reach and broadening their customer base, in order to expand their product portfolio and come up with new advancements. Gaucher Disease market size to maintain the average annual growthโ€ฆ