HOME Top Market Reports n-Butanol Market by Application (Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvents, Plasticizers), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2022

n-Butanol Market by Application (Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvents, Plasticizers), and Region (Asia Pacific, North America, Europe, Middle East & Africa, South America) - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: April 2018
Report Code: CH 1543

 

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The n-Butanol market was valued at USD 3.89 Billion in 2016 and is projected to reach USD 5.58 Billion by 2022, at a CAGR of 5.9% during the forecast period. In this study, 2016 has been considered as the base year, while the forecast period is 2017 to 2022.

The main objective of the study is to define, describe, and forecast the n-Butanol market based on application and region. The report includes detailed information about the major factors, such as drivers, restraints, opportunities, and industry-specific challenges influencing the growth of the market. The report strategically analyzes the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In the report, the n-Butanol market has been studied for key regions, namely, Asia Pacific (APAC), Europe, North America, the Middle East & Africa (MEA), and South America.

In this report, market sizes have been derived from various research methodologies. In the secondary research process, different sources have been referred to identify and collect information for this study on the n-Butanol market. These secondary sources include annual reports, press releases, investor presentations of companies and associations (such as Coatings world, ScienceDirect, ACS Publications, and others) and white papers, certified publications, and articles from recognized authors. In the primary research process, sources from both supply and demand sides have been interviewed to obtain qualitative and quantitative information for this report. The bottom-up approach has been used to estimate the market size, in terms of value. The top-down approach has also been implemented to validate the market size, in terms of volume. With the data triangulation procedure and validation of data through primaries, exact values of the sizes of the overall parent market and individual markets have been determined and confirmed in this study.

The figure below illustrates the breakdown of profiles of primary interview participants.

n-Butanol Market

To know about the assumptions considered for the study, download the pdf brochure

The n-Butanol market includes raw material suppliers, manufacturers, and end users of n-Butanol. BASF (Germany), Dow Chemical (US), OXEA (Germany), Sasol (South Africa), PetroChina (China), Eastman Chemical Company (US), Mitsubishi Chemical Corporation (Japan), BASF PETRONAS (Malaysia), Sinopec (China), and KH Neochem (Japan) are the leading players operating in the n-Butanol market.

The stakeholders in the n-Butanol market are:

  • n-Butanol Manufacturers
  • n-Butanol Traders, Distributors, and Suppliers
  • Raw Material Suppliers
  • Governments and Research Organizations
  • Associations and Industrial Bodies
  • R&D Institutions
  • Environment Support Agencies

Scope of the Report

    The report forecasts revenue growth and provides an analysis of trends in each of the subsegments of the n-Butanol market. This research report categorizes the market based on the following:

    n-Butanol Market, By Application:

    • Direct Solvent
    • Butyl Acrylate
    • Butyl Acetate
    • Glycol Ethers
    • Plasticizers
    • Others (esters and biofuel)

    n-Butanol Market, By Region:

    • North America
    • APAC
    • Europe
    • MEA
    • South America

    Each region has been further segmented into key countries in that region.

    Available Customizations:

       The following customization options are available for the report:

      Country Information

      • n-Butanol market analysis for additional countries

      Table of Contents

      1 Introduction (Page No. - 12)
          1.1 Objectives of the Study
          1.2 Market Definition
          1.3 Market Scope
                 1.3.1 Years Considered for the Study
          1.4 Currency
          1.5 Unit Considered
          1.6 Stakeholders

      2 Research Methodology (Page No. - 15)
          2.1 Research Data
                 2.1.1 Secondary Data
                          2.1.1.1 Key Data From Secondary Sources
                 2.1.2 Primary Data
                          2.1.2.1 Key Data From Primary Sources
                          2.1.2.2 Key Industry Insights
                          2.1.2.3 Breakdown of Primary Interviews
          2.2 Market Size Estimation
          2.3 Data Triangulation
          2.4 Assumptions and Limitations
                 2.4.1 Assumptions
                 2.4.2 Limitations

      3 Executive Summary (Page No. - 22)

      4 Premium Insights (Page No. - 25)
          4.1 Significant Opportunities in the n-Butanol Market
          4.2 n-Butanol Market, By Application
          4.3 n-Butanol Market, By Region
          4.4 APAC n-Butanol Market, By Application and Country
          4.5 n-Butanol Market Share, By Region

      5 Market Overview (Page No. - 28)
          5.1 Introduction
          5.2 Market Dynamics
                 5.2.1 Drivers
                          5.2.1.1 Increasing Use of Butyl Acrylate
                          5.2.1.2 Growing Construction Industry in Emerging Economies
                 5.2.2 Restraints
                          5.2.2.1 Volatility in Raw Material Prices and Scarcity in Near Future
                          5.2.2.2 Decreasing Consumption of Dop (Bis (2-Ethylhexyl) Phthalate) in Europe and North America
                 5.2.3 Opportunities
                          5.2.3.1 Increasing Use of n-Butanol as Bio-Fuel
                          5.2.3.2 Growing Automotive and Textile Industries
                 5.2.4 Challenges
                          5.2.4.1 Low Economy of Scale for Small Capacity Plants
          5.3 Porter’s Five Forces Analysis
                 5.3.1 Bargaining Power of Suppliers
                 5.3.2 Bargaining Power of Buyers
                 5.3.3 Threat of New Entrants
                 5.3.4 Threat of Substitutes
                 5.3.5 Intensity of Competitive Rivalry
          5.4 Macroeconomic Indicators
                 5.4.1 Introduction
                 5.4.2 Forecast of Gdp Growth Rate of Major Economies
          5.5 Construction Industry
                 5.5.1 Trends and Forecast of the Construction Industry in North America
                 5.5.2 Trends and Forecast of the Construction Industry in Europe
                 5.5.3 Trends and Forecast of the Construction Industry in APAC

      6 n-Butanol Market, By Application (Page No. - 36)
          6.1 Introduction
          6.2 Butyl Acrylate
          6.3 Butyl Acetate
          6.4 Glycol Ethers
          6.5 Direct Solvent
          6.6 Plasticizers
          6.7 Others

      7 n-Butanol Market, By Region (Page No. - 41)
          7.1 Introduction
          7.2 APAC
                 7.2.1 China
                 7.2.2 Japan
                 7.2.3 Malaysia
                 7.2.4 South Korea
                 7.2.5 India
                 7.2.6 Taiwan
                 7.2.7 Rest of APAC
          7.3 North America
                 7.3.1 US
                 7.3.2 Canada
                 7.3.3 Mexico
          7.4 Europe
                 7.4.1 Germany
                 7.4.2 France
                 7.4.3 Poland
                 7.4.4 UK
                 7.4.5 Italy
                 7.4.6 Rest of Europe
          7.5 MEA
                 7.5.1 Saudi Arabia
                 7.5.2 South Africa
                 7.5.3 Rest of MEA
          7.6 South America
                 7.6.1 Brazil
                 7.6.2 Rest of South America

      8 Competitive Landscape (Page No. - 79)
          8.1 Introduction
          8.2 Competitive Scenario
                 8.2.1 Expansion
                 8.2.2 Agreement
                 8.2.3 Joint Venture
          8.3 Market Ranking Analysis

      9 Company Profiles (Page No. - 83)
          9.1 BASF SE
          9.2 The Dow Chemical Company
          9.3 Oxea
          9.4 Sasol
          9.5 Petrochina
          9.6 Eastman
          9.7 Mitsubishi Chemical Corporation
          9.8 BASF Petronas Chemicals
          9.9 Sinopec
          9.10 KH Neochem
          9.11 Other Key Players
                 9.11.1 Oxochimie
                 9.11.2 Andhra Petrochemicals
                 9.11.3 Azoty Zak Spσ³ka Akcyjna
                 9.11.4 Cobalt Technologies
                 9.11.5 Green Biologics

      10 Appendix (Page No. - 100)
           10.1 Insights From Industry Experts
           10.2 Discussion Guide
           10.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
           10.4 Introducing RT: Real-Time Market Intelligence
           10.5 Available Customizations
           10.6 Related Reports
           10.7 Author Details


      List of Tables (73 Tables)

      Table 1 Trends and Forecast of Gdp Growth Rates, By Country, 2016–2021
      Table 2 Contribution of the Construction Industry to Gdp in North America, 2014–2016 (USD Billion)
      Table 3 Contribution of the Construction Industry to Gdp in Europe,2014–2016 (USD Billion)
      Table 4 Contribution of the Construction Industry to Gdp in APAC,2014–2016 (USD Billion)
      Table 5 n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
      Table 6 n-Butanol Market Size, By Application, 2015–2022 (USD Million)
      Table 7 n-Butanol Market Size, By Region, 2015—2022 (Kiloton)
      Table 8 n-Butanol Market Size, By Region, 2015—2022 (USD Million)
      Table 9 APAC: n-Butanol Market Size, By Country, 2015—2022 (Kiloton)
      Table 10 APAC: Size, By Country, 2015—2022 (USD Million)
      Table 11 APAC: Size, By Application, 2015—2022 (Kiloton)
      Table 12 APAC: Size, By Application, 2015—2022 (USD Million)
      Table 13 China: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 14 China: Size, By Application, 2015—2022 (USD Million)
      Table 15 Japan: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 16 Japan: Size, By Application, 2015—2022 (USD Million)
      Table 17 Malaysia: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 18 Malaysia: Size, By Application,2015—2022 (USD Million)
      Table 19 South Korea: n-Butanol Market Size, By Application,2015—2022 (Kiloton)
      Table 20 South Korea: Size, By Application,2015—2022 (USD Million)
      Table 21 India: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 22 India: Size, By Application, 2015—2022 (USD Million)
      Table 23 Taiwan: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 24 Taiwan: Size, By Application, 2015—2022 (USD Million)
      Table 25 Rest of APAC: n-Butanol Market Size, By Application,2015—2022 (Kiloton)
      Table 26 Rest of APAC: Size, By Application,2015—2022 (USD Million)
      Table 27 North America: n-Butanol Market Size, By Country, 2015–2022 (Kiloton)
      Table 28 North America: Size, By Country,2015–2022 (USD Million)
      Table 29 North America: Size, By Application,2015–2022 (Kiloton)
      Table 30 North America: Size, By Application,2015–2022 (USD Million)
      Table 31 US: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
      Table 32 US: Size, By Application, 2015–2022 (USD Million)
      Table 33 Canada: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
      Table 34 Canada: Size, By Application, 2015–2022 (USD Million)
      Table 35 Mexico: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
      Table 36 Mexico: Size, By Application, 2015–2022 (USD Million)
      Table 37 Europe: n-Butanol Market Size, By Country, 2015—2022 (Kiloton)
      Table 38 Europe: Size, By Country, 2015—2022 (USD Million)
      Table 39 Europe: Size, By Application, 2015—2022 (Kiloton)
      Table 40 Europe: Size, By Application, 2015—2022 (USD Million)
      Table 41 Germany: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 42 Germany: Size, By Application,2015—2022 (USD Million)
      Table 43 France: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 44 France: Size, By Application, 2015—2022 (USD Million)
      Table 45 Poland: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 46 Poland: Size, By Application, 2015—2022 (USD Million)
      Table 47 UK: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 48 UK: Size, By Application, 2015—2022 (USD Million)
      Table 49 Italy: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
      Table 50 Italy: Size, By Application, 2015—2022 (USD Million)
      Table 51 Rest of Europe: n-Butanol Market Size, By Application,2015—2022 (Kiloton)
      Table 52 Rest of Europe: Size, By Application,2015—2022 (USD Million)
      Table 53 MEA: n-Butanol Market Size, By Country, 2015–2022 (Kiloton)
      Table 54 MEA: Size, By Country, 2015–2022 (USD Million)
      Table 55 MEA: Size, By Application, 2015–2022 (Kiloton)
      Table 56 MEA: Size, By Application, 2015–2022 (USD Million)
      Table 57 Saudi Arabia: n-Butanol Market Size, By Application,2015–2022 (Kiloton)
      Table 58 Saudi Arabia: Size, By Application,2015–2022 (USD Million)
      Table 59 South Africa: Size, By Application,2015–2022 (Kiloton)
      Table 60 South Africa: Size, By Application,2015–2022 (USD Million)
      Table 61 Rest of MEA: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
      Table 62 Rest of MEA: Size, By Application,2015–2022 (USD Million)
      Table 63 South America: n-Butanol Market Size, By Country, 2015–2022 (Kiloton)
      Table 64 South America: Size, By Country,2015–2022 (USD Million)
      Table 65 South America: Size, By Application,2015–2022 (Kiloton)
      Table 66 South America: Size, By Application,2015–2022 (USD Million)
      Table 67 Brazil: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
      Table 68 Brazil: Size, By Application, 2015–2022 (USD Million)
      Table 69 Rest of South America: n-Butanol Market Size, By Application,2015–2022 (Kiloton)
      Table 70 Rest of South America: Size, By Application,2015–2022 (USD Million)
      Table 71 Expansion, 2013–2017
      Table 72 Agreement, 2013–2017
      Table 73 Joint Venture, 2013–2017


      List of Figures (34 Figures)

      Figure 1 n-Butanol Market Segmentation
      Figure 2 n-Butanol Market: Research Design
      Figure 3 Market Size Estimation: Bottom-Up Approach
      Figure 4 Market Size Estimation: Top-Down Approach
      Figure 5 n-Butanol Market: Data Triangulation
      Figure 6 Butyl Acrylate Application to Dominate the n-Butanol Market
      Figure 7 MEA to Be the Fastest-Growing Market
      Figure 8 Attractive Opportunities in the n-Butanol Market Between2017 and 2022
      Figure 9 Butyl Acrylate to Account for the Largest Market Share
      Figure 10 APAC to Lead the Market Between 2017 and 2022
      Figure 11 China Was the Largest n-Butanol Market in APAC
      Figure 12 APAC Accounted for the Largest Market Share
      Figure 13 Factors Governing the n-Butanol Market
      Figure 14 n-Butanol Market: Porter’s Five Forces Analysis
      Figure 15 Butyl Acrylate to Be the Largest Application Between 2017 and 2022
      Figure 16 India to Be the Fastest-Growing n-Butanol Market Between2017 and 2022
      Figure 17 APAC: n-Butanol Market Snapshot
      Figure 18 North America: n-Butanol Market Snapshot
      Figure 19 Germany to Be the Leading n-Butanol Market in Europe
      Figure 20 Companies Adopted Agreement as the Key Growth Strategy, 2013–2017
      Figure 21 BASF SE Led the n-Butanol Market in 2016
      Figure 22 BASF SE: Company Snapshot
      Figure 23 BASF SE: SWOT Analysis
      Figure 24 The Dow Chemical Company: Company Snapshot
      Figure 25 The Dow Chemical Company: SWOT Analysis
      Figure 26 Sasol: Company Snapshot
      Figure 27 Sasol: SWOT Analysis
      Figure 28 Petrochina: Company Snapshot
      Figure 29 Petrochina: SWOT Analysis
      Figure 30 Eastman: Company Snapshot
      Figure 31 Eastman: SWOT Analysis
      Figure 32 BASF Petronas Chemicals: Company Snapshot
      Figure 33 Sinopec: Company Snapshot
      Figure 34 KH Neochem: Company Snapshot

      The n-Butanol market is estimated at USD 4.18 Billion in 2017 and is projected to reach USD 5.58 Billion by 2022, at a CAGR of 5.9% between 2017 and 2022. The growth of the market is driven by the increasing demand for n-Butanol as a direct solvent and industrial intermediate in industries such as construction, automotive, textile, agrochemical, etc. In addition, increasing GDP, growing industrialization, and rapid urbanization in developing countries have also contributed to the demand for n-Butanol, globally.

      Butyl acrylate is projected to be the largest application segment of the n-Butanol market during the forecast period, in terms of both value and volume. As butyl acrylate enhances the flexibility, softness, and durability of coating resins, it is largely used in surface coatings, textiles, adhesives, inks, and several other applications. Butyl acrylate is also used to make homopolymers and copolymers for use in water-based industrial and architectural paints.

      n-Butanol Market

      Asia Pacific is projected to be the largest market for n-Butanol during the forecast period. The demand for n-Butanol is high in this region due to the region’s large industrial base for the production of glycol ethers, butyl acrylate, and butyl acetate. Moreover, rising urbanization and increased infrastructural developments in emerging economies, such as India, China, and Malaysia are also expected to boost the demand for n-Butanol in this region during the forecast period.

      Volatility of raw material prices and decreasing consumption of DOP (Bis(2-ethylhexyl)phthalate) in Europe and North America are identified as the key restraining factors for the n-Butanol market growth. The consumption of DOP has declined drastically in the past few years in developed countries owing to its harmful impacts on exposure to humans. As DOP is primarily derived from n-Butanol, the regulation imposed on DOP also hampers the demand of n-Butanol in North America and Europe.

      Leading companies operating in the global n-Butanol market, including The Dow Chemical Company (US), OXEA (Germany), and Mitsubishi Chemical Corporation (Japan), have adopted agreements, expansions, and joint ventures as their key growth strategies between 2013 and 2017.

      To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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