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n-Butanol Market Poised for 5.7 % Growth, Set to Hit $46.11 Billion by 2029

03-21-2025 04:47 AM CET | Chemicals & Materials

Press release from: The Business Research Company

n-Butanol

n-Butanol

What market dynamics are playing a key role in accelerating the growth of the n-butanol market?
The rising demand for sustainable fuel is expected to propel the growth of the n-butanol market. Sustainable fuel sources, including renewable and low-carbon energy, are becoming more sought-after due to environmental concerns and advancements in renewable technologies. N-butanol, produced from renewable biomass, is seen as a sustainable alternative to ethanol, offering higher energy content and lower emissions. The International Energy Agency reported a significant increase in global clean energy investments from $1,408 billion in 2021 to $1,740 billion in 2023. This growing demand for sustainable fuels is supporting the growth of the n-butanol market.

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How will the growth rate of the n-butanol market shape industry trends by 2034?
The n-butanol market has expanded steadily, rising from $3.55 billion in 2024 to $3.77 billion in 2025 at a CAGR of 6.1%. Growth drivers include expansion in the construction industry, increasing demand for plasticizers, rising consumption of coatings and paints, growth in agrochemical production, and higher disposable incomes.

The n-butanol market will reach $4.7 billion by 2029, growing at a CAGR of 5.7%, supported by bio-based chemical demand, personal care industry growth, food processing expansion, automotive production, and infrastructure projects. Trends include production technology advancements, sustainable chemical manufacturing, and R&D investments.

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What trends are poised to drive the future success of the n-butanol market?
Leading companies in the market are concentrating on developing advanced methods, such as PO/TBA production processes, to gain a competitive advantage. This method is notably efficient and cost-effective, as it generates two valuable products applicable in numerous industries. For example, in March 2023, Lyondell Basell Industries N.V., a US-based petrochemical company, launched the world's largest propylene oxide (PO) and tertiary butyl alcohol (TBA) unit, which produces key chemicals widely used across various industrial and consumer sectors. Propylene oxide is primarily used in creating polyurethane foam for products like mattresses and car seat cushions, enhancing energy efficiency, while TBA is used to produce fuel additives such as MTBE and ETBE that help reduce vehicle emissions.

Which primary segments of the n-butanol market are driving growth and industry transformations?
The n-butanol market covered in this report is segmented -

1) By Grade: Pharmaceuticals, Industrial, Chemicals
2) By Production Process: Oxyhydrogenation Of Propylene, Butane Oxidation, Fermentation Of Biomass
3) By Application: Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvent, Plasticizers, Other Applications
4) By End-Use Industry: Paints And Coatings, Chemicals And Petrochemicals, Textiles, Agriculture, Buildings And Constructions, Food And Beverages, Transportation, Pharmaceuticals

Subsegments:
1) By Pharmaceuticals: Active Pharmaceutical Ingredients (APIs), Solvents For Drug Formulations, Excipients
2) By Industrial: Solvent For Paints And Coatings, Adhesives And Sealants, Plasticizers, Lubricants And Hydraulic Fluids
3) By Chemicals: Butyl Acetate, Butyl Acrylate, Butanol-Based Polymers, Glycol Ethers

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What regions are leading the charge in the n-butanol market?
Asia-Pacific was the largest region in the n-butanol market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the n-butanol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the n-butanol market landscape?
Major companies operating in the n-butanol market are China National Petroleum Corporation, BASF SE, Grupa Azoty, The Dow Chemical Company, Saudi Basic Industries Corporation, Thermo Fisher Scientific Inc., Mitsubishi Chemical Corporation, Merck KGaA, Ineos Group Limited, Brenntag AG, Sasol Limited, Arkema S.A., Eastman Chemical Company, PETRONAS Chemicals Group, Jiangsu Huachang Chemical Industry Company Limited, Solventis Ltd, BASF PETRONAS Chemicals Sdn. Bhd., OQ Chemicals GmbH, KH Neochem Co. Ltd., Texmark Chemicals Inc., Santa Cruz Biotechnology Inc., Anhui Shuguang Chemical Group, Finar Limited, Tokyo Chemical Industry Co. Ltd., Pacific Texchem Private Limited, Andhra Petrochemicals Ltd.

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What Is Covered In The n-Butanol Global Market Report?

•Market Size Forecast: Examine the n-butanol market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the n-butanol market for a structured understanding.
•Key Players Overview: Analyze major players in the n-butanol market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the n-butanol market.
•Segment Contributions: Evaluate how different segments drive overall growth in the n-butanol market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the n-butanol market.
•Industry Challenges: Identify potential risks and obstacles affecting the n-butanol market.
•Competitive Landscape: Review strategic developments in the n-butanol market, including expansions, agreements, and new product launches.

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Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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