38% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for isobutanol in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The rapid industrialization and the increasing demand for chemical intermediates will facilitate the isobutanol market growth in APAC over the forecast period. The potential growth difference for the isobutanol market between 2021 and 2026 is USD 327.91 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
- Market Driver
- Market Challenges
The increasing demand for coatings in the automotive sector and the advent of innovative chemical distribution channels are some of the key market drivers. However, factors such as harmful effects on the environment and human health will challenge market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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The isobutanol market report is segmented by Application (solvent, intermediate for glycol ethers and esters, textiles, and others) and Geography (APAC, Europe, North America, MEA, and South America). The market research report entails detailed information on the competitive intelligence, marketing gaps, segmentation, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
View our sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned with their Offerings
The isobutanol market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
- BASF SE - The company offers, isobutanol which is colorless, the mobile solvent of medium volatility which is used as feedstock for syntheses.
- Dow Inc. - The company offers Isobutanol which is used as lubricant additives, automotive coatings, infrastructure coatings, and others.
- Eastman Chemical Co. - The company offers Eastman Isobutanol which is a medium boiling, slow evaporating, colorless liquid that is useful in organic synthesis, as a chemical intermediate, and as a solvent in coating applications.
- INEOS Group Holdings SA - The company offers n-Butano and 2-Ethyl Hexanol under oxo-alcohols which is used as solvent featuring excellent reactivity as a chemical intermediate in the manufacturing of acrylic monomers and plasticizers.
- Mitsubishi Chemical Corp.. - The company offers Isobutanol which is used as a raw material for coating resins, Isobutyl acrylate, paint thinners, and others. On the other hand, it is widely used as a solvent because many organic materials are soluble in it.
- To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
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Isobutanol Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.20% |
Market growth 2022-2026 |
USD 327.91 million |
Market structure |
Concentrated |
YoY growth (%) |
4.40 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 38% |
Key consumer countries |
US, China, Germany, India, and Canada |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
BASF SE, Dow Inc., Eastman Chemical Co., Formosa Plastics Corp., Gevo Inc., INEOS Group Holdings SA, Mitsubishi Chemical Corp., OQ SAOC, Perstorp Holding AB, and Sasol Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
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