Press release
Tert-butanol Industry Trends and key Insights by 2024
Browse Market Research Report @
http://www.transparencymarketresearch.com/tert-butanol-market.html
“Mergers and acquisitions are also a go-to growth strategy for both established and smaller players,” the author of the study observes. Over the past few years, prominent companies such as Merck KGaA and TonenGeneral Sekiyu K.K. have been expanding their businesses in newer product lines and regions to gain market share. In July 2015, TonenGeneral acquired Kyokuto Petroleum Industries, Ltd. to strengthen its domestic presence and expand its product portfolio. Merck Life Sciences, in November 2015, acquired Sigma-Aldrich to emerge as one of the most leading players.
The development of bio-based solvents is yet another opportunity that players in the tert-butanol market can capitalize on. “Presently, strict government regulations pertaining to VOC emissions restrict a number of players owing to the harmful effects associated with chemical and industrial solvents,” the analyst states. “However, this has encouraged manufacturers to move away from petroleum-based solvents and instead, focus on developing environment-friendly products.”
Rapid Economic Growth a Major Driving Force
Considering that the demand for tert-butanol stems mainly from its application in paints and coatings and fragrances and flavors, the tert-butanol market is driven primarily by the rapid growth of the automobile, construction, and foods and beverages industries.
Fill the form for an exclusive sample of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=12878
“Asia Pacific has, over the years, emerged as an increasingly lucrative investment option for players in the tert-butanol market,” a TMR analyst states. Rapid industrialization and urbanization in countries such as China, India, and Japan has resulted in the massive expansion of the building and construction sector. In addition, economic growth has spurred the rise in disposable income, furthering the demand for automobiles. This has led to the increasing use of paints and coatings as well as tert-butanol. The constantly-rising population in the APAC region has also contributed toward the escalating demand for food and beverages, boosting the demand for tert-butanol as a key flavoring ingredient.
Asia Pacific to Remain in the Limelight throughout Forecast Period
The global opportunity in the tert-butanol market is poised to be worth US$2.6 bn by 2024, TMR predicts, rising from US$1.5 bn in 2015 at a 6.2% CAGR therein. By volume, the market is projected to register a 5.4% CAGR during the forecast period. Asia Pacific dominated the global tert-butanol market in 2015, with a share of over 40% that year. In addition to retaining its lead through 2024, the region is also anticipated to emerge as the most rapidly growing segment.
Get Request For Discount On This Report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=12878
Paints and coatings formed the leading end-use segment in 2015, accounting for a share of almost 40% by volume. On the other hand, the pharmaceuticals segment is expected to develop at the fastest pace by revenue as well as volume, registering a respective CAGR of 6.6% and 5.8% from 2016 to 2024.
This review is based on the findings of a TMR report titled “Tert-butanol Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016-2024.”
Tert-butanol Market: End-user Segment Analysis
Paints & Coatings
Flavors & Fragrance
Pharmaceuticals
Others
Tert-butanol Market: Regional Analysis
North America
U.S.
Rest of North America
Europe
France
U.K.
Spain
Germany
Italy
Rest of Europe
About Us
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/
Visit : http://depthresearchreport.blogspot.in/
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 Trends and key Insights by 2024 here
News-ID: 486003 • Views: …
More Releases from Transparency Market Research
Automotive Thermal Management System Market Poised to Reach USD 173.8 Billion by …
The global automotive thermal management system market is entering a high-growth phase, fueled by the rapid electrification of vehicles, stricter emission norms, and rising expectations for vehicle safety, comfort, and efficiency. Valued at US$ 82.6 billion in 2025, the market is projected to nearly double and reach US$ 173.8 billion by 2036, expanding at a robust CAGR of 6.8% from 2026 to 2036.
Thermal management has become a mission-critical function in…
Thermal-Management Exterior Coatings for High-Altitude Aircraft Market to be Wor …
The global Thermal-Management Exterior Coatings for High-Altitude Aircraft Market was valued at US$ 1.8 Bn in 2025 and is projected to reach US$ 9.8 Bn by 2036, expanding at a robust CAGR of 17.5% during the forecast period from 2026 to 2036.
Review critical insights and findings from our Report in this sample -
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=86920
This strong growth trajectory reflects the rising importance of advanced exterior coating technologies that ensure aircraft performance, safety,…
Epithelioma Treatment Market Outlook 2035: Rising Skin Cancer Burden, Breakthrou …
The global epithelioma treatment market has entered a decisive growth phase, supported by rising cancer prevalence and rapid therapeutic innovation. In 2024, the market was valued at US$ 5.1 Bn, reflecting the growing demand for advanced diagnostic and therapeutic solutions targeting epithelial-origin tumors. Over the forecast period from 2025 to 2035, the industry is projected to expand at a robust compound annual growth rate (CAGR) of 8.8%, reaching a valuation…
Tablet Hardness Testers Market to Reach USD 427.9 Mn by 2036, Driven by Rising P …
The Tablet Hardness Testers Market is a critical part of the pharmaceutical quality-control ecosystem. Tablet hardness testers are used to measure the mechanical strength of tablets to ensure they can withstand handling, packaging, transportation, and storage without breaking, while still dissolving correctly once ingested. As regulatory oversight becomes stricter and pharmaceutical production expands globally, the demand for accurate and reliable hardness testing equipment continues to rise.
The global Tablet Hardness Testers…
More Releases for TMR
Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031.
The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have…
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview
The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,…
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview
The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer.
To evaluate the nature of the gases and their potential threats, dissolved gas…
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future.
Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200
Among regions, North America,…
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot
The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000
The…
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview
The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to…
