Isobutanol is an organic compound produced by the carbonization of propylene. It is a colorless, flammable liquid with a characteristic smell. It is mainly used as a solvent either directly or as its esters. Its isomers, the other butanols, include n-butanol, 2-butanol, and tert-butanol, all of which are important industrially.
MARKET DYNAMICS
Rise in usage of isobutyl acetate by industries such as food processing industry, lacquer and others, rising applications from paint & coatings industry are some of the factors that will accelerate the growth of isobutanol market. Also, increasing production of bio-isobutanol as a cost effective alternative will further create new opportunities for the growth of the isobutanol market. However, stringent rules and regulations regarding the use of isobutyl acetate in food processing and cosmetics act as market restraints for isobutanol in the forecasted period.
MARKET SCOPE
The "Global Isobutanol Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the isobutanol market with detailed market segmentation by type and application. The global isobutanol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading isobutanol market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
Type
- Synthetic
- Biobased
Application
- Paints and Coatings
- Oil and Gas
- Chemical Intermediates
- Others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global isobutanol market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The isobutanol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the isobutanol market from both the demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the isobutanol market in these regions.
MARKET PLAYERS
The report covers vital developments in the isobutanol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of the business and customer base of market players. The market payers from the isobutanol market are anticipated to lucrative growth opportunities in the future with the rising demand for isobutanol in the global market. Below mentioned is the list of few companies engaged in the isobutanol market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the isobutanol market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Dow
- BASF SE
- Mitsubishi Chemical Corporation
- Grupa Azoty
- OXEA GmbH
- Butamax Advanced Biofuels LLC
- Gevo, Inc
- Sasol
- TORAY INDUSTRIES, INC
- Eastman Chemical Company
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.