Global Market Summary of Iso-Butanol

Iso-Butanol is the byproduct in the manufacturing of n-Butanol and is used mostly in solvents (coatings/cleaners), textiles, de-icing fluids, intermediate for glycol ethers and esters, flotation agents, extractant in the production of drugs and antibiotics, as an additive in gasoline, anti- corrosion & anti-wear inhibitors in engine oils etc.

This report covers the market outlook and growth prospects of the global Iso-Butanol market for 2018-2023. The global Iso-Butanol market was valued at US$ 500 million in 2018 and is projected to reach US$ 545 million by 2023, at a CAGR of 1.7%. Consumption of isobutanol as a chemical intermediate for producing isobutyl esters is one of the major factor which helped in market incursion.

Iso-Butanol is widely exploited as a chemical intermediate which accounts for around 50% of the total market volume. Other end use sectors for Iso-Butanol are paints & coatings, oil & gas, pharmaceuticals and textiles. It is used as a diluter in paints & coating industry to reduce viscosity of the product.

Currently, China and Europe are the chief producer as well as consumers of Iso-Butanol. Around 50% of total Iso-Butanol demand is clustered in Europe and China. In the year 2018, total production of both regions accounts to 54% of the total world production. Region-wise, the market has been segmented into Africa, Europe, North America, South America, Indian Sub-Continent, South East Asia, North East Asia, and Rest of the World.

The competitive landscape of the market has also been examined with some of the key players being BASF, Dow Chemical, Mitsubishi Chemical, BASF-YPC, Sinopec Qilu Petrochemical Company, Saudi Butanol Company (SABUCO), Sasol, Grupa Azoty, Eastman Chemical, Elekeiroz, Oxea, Salavatnefteorgsintez, Angarsk Petrochemical, Shandong Hualu Hengsheng, etc.

This report covers the global scenario on Iso-Butanol Industry, Region-wise Supply Demand Analysis and Future Demand Projections for Africa, South America, North America, Indian Subcontinent, North East Asia, China, South East Asia, Middle East, Europe, and Australia. For Indian scenario this report covers major producers, Supply, Demand, Market Drivers and Future Projection.