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

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Date: 17-Apr-2018
No. of pages: 108
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“Then-Butanol market is projected to grow at a CAGR of 5.9% between 2017 and 2022, in terms of value”

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 market growth is fueled by the increasing demand for n-Butanol as a solvent and intermediate from end-use industries, such as construction, automotive, textile, agrochemical, and pharmaceuticals. Increasing population, growing urbanization, rising GDP, improving standards of living, and the increasing number of agreements, joint ventures, expansions, and other development activities by leading market players have also contributed to the growth of the global n-Butanol market.

On the other hand, low economies of scale for small capacity plants and volatility in raw material prices pose a challenge to the market growth. Propylene and syngas are the primary raw materials used for manufacturing n-Butanol. As a fossil fuel-derived raw material, propylene is subjected to frequent price changes as per market conditions. Similarly, syngas is also derived from hydrocarbon base, which is facing volatility in prices. Therefore, continues price fluctuations in global petroleum products hamper the n-Butanol market as well. However, the increasing use of n-Butanol as a bio-fuel and growing automotive and textile industries are expected to create enormous opportunities for the n-Butanol manufacturers during the forecast period.

“Butyl acrylate is projected to be the largest application segment of the market during the forecast period”

Based on application, the butyl acrylate segment is projected to be the largest market for n-Butanol throughout the forecast period, in terms of both value and volume. More than one-thirds of the n-Butanol produced is consumed for the production for butyl acrylate. Therefore, the growing demand for butyl acrylate is also drives the consumption of n-Butanol, globally. 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 used to make homo polymers and copolymers for use in water-based industrial and architectural paints. It is also used in cleaning products, antioxidants, enamels, adhesives, textiles, and seals and paper finishes.

“Middle East & Africa is projected to be the fastest-growing market for n-Butanol between 2017 and 2022”

The Middle East & Africa (MEA)region is projected to be the fastest-growing market for n-Butanol during the forecast period, in terms of both value and volume. The construction industry of MEA countries such as Saudi Arabia, the UAE, and South Africa is witnessing a robust growth rate owing to the rapid urbanization and growing population. Rising living standards have also enhanced the food and personal care industries in the region. Moreover, the pharmaceutical industry in this region is also growing, augmented by the increasing disposable income, aging population, varied demographics, and diverse disease portfolio. All these factors are collectively expected to boost the consumption of n-Butanol in the region during the forecast period.

Anticipating the market potential, certain petrochemical companies in this region have adopted strategic partnerships to form a cluster to supply and use each other’s products. This is one of the key factors boosting the production and consumption of n-Butanol in the Middle East region. For instance, Saudi Butanol Company (SABUCO) has established the world’s largest n-Butanol production facility in Saudi Arabia. This n-Butanol can be used to manufacture glacial acrylic acid by Saudi Marketing Company (SAMCO) which will be then used to produce super-absorbent polymer by Saudi Acrylic Polymers Company (SAPCO). Therefore, SPC has planned its group structure in order to become a vertically integrated unit, which will be able to deliver synergies from its multiple projects.

The market sizes estimated in this study have been validated through primary interviews conducted with various industry experts, globally.

These primary sources have been divided into three categories:


  • By Company Type: Tier 1-50%, Tier 2-25%, and Tier 3-25%

  • By Designation: C Level-45%, Director Level-30%, and Others-25%

  • By Region: Asia Pacific - 35%, Europe - 25%, North America - 20%, South America-10%, and the Middle East & Africa-10%


The report provides profiles of major market players, such as BASF (Germany), Dow Chemical Company (US), OXEA (Germany), Sasol (South Africa), Petro China (China), Eastman Chemical Company (US), Mitsubishi Chemical Corporation (Japan), BASF PETRONAS (Malaysia), Sinopec (China), and KH Neochem (Japan). The report also includes competitive strategies adopted by them to strengthen their position in the market.

Research Coverage

The objective of the study is to define, describe, and forecast the market based onvarious segmentations and strategically analyze the market segments with respect to individual growth trends, growth prospects, and contribution to the total market. In this report, the n-Butanol market has been segmented based on application, and region.

Reasons To Buy The Report

The report will help market leaders/new entrants in this market in the following ways:


  • This report segments the n-Butanol market comprehensively and provides the closest approximations for sizes of all market segments and subsegments across different verticals and regions.

  • This report will help stakeholders obtain an improved understanding of their competitors and gain insights about their businesses.

  • The competitive landscape section includes detailed information about expansions, agreements, and joint ventures adopted by the key players in the n-Butanol market.

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

Table of Contents

1 Introduction
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
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

4 Premium Insights
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
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
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
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
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
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 Spó³ka Akcyjna
9.11.4 Cobalt Technologies
9.11.5 Green Biologics

10 Appendix
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

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: n-Butanol Market Size, By Country, 2015—2022 (USD Million)
Table 11 APAC: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 12 APAC: n-Butanol Market Size, By Application, 2015—2022 (USD Million)
Table 13 China: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 14 China: n-Butanol Market Size, By Application, 2015—2022 (USD Million)
Table 15 Japan: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 16 Japan: n-Butanol Market Size, By Application, 2015—2022 (USD Million)
Table 17 Malaysia: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 18 Malaysia: n-Butanol Market Size, By Application,2015—2022 (USD Million)
Table 19 South Korea: n-Butanol Market Size, By Application,2015—2022 (Kiloton)
Table 20 South Korea: n-Butanol Market Size, By Application,2015—2022 (USD Million)
Table 21 India: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 22 India: n-Butanol Market Size, By Application, 2015—2022 (USD Million)
Table 23 Taiwan: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 24 Taiwan: n-Butanol Market 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: n-Butanol Market Size, By Application,2015—2022 (USD Million)
Table 27 North America: n-Butanol Market Size, By Country, 2015–2022 (Kiloton)
Table 28 North America: n-Butanol Market Size, By Country,2015–2022 (USD Million)
Table 29 North America: n-Butanol Market Size, By Application,2015–2022 (Kiloton)
Table 30 North America: n-Butanol Market Size, By Application,2015–2022 (USD Million)
Table 31 US: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
Table 32 US: n-Butanol Market Size, By Application, 2015–2022 (USD Million)
Table 33 Canada: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
Table 34 Canada: n-Butanol Market Size, By Application, 2015–2022 (USD Million)
Table 35 Mexico: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
Table 36 Mexico: n-Butanol Market Size, By Application, 2015–2022 (USD Million)
Table 37 Europe: n-Butanol Market Size, By Country, 2015—2022 (Kiloton)
Table 38 Europe: n-Butanol Market Size, By Country, 2015—2022 (USD Million)
Table 39 Europe: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 40 Europe: n-Butanol Market Size, By Application, 2015—2022 (USD Million)
Table 41 Germany: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 42 Germany: n-Butanol Market Size, By Application,2015—2022 (USD Million)
Table 43 France: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 44 France: n-Butanol Market Size, By Application, 2015—2022 (USD Million)
Table 45 Poland: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 46 Poland: n-Butanol Market Size, By Application, 2015—2022 (USD Million)
Table 47 UK: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 48 UK: n-Butanol Market Size, By Application, 2015—2022 (USD Million)
Table 49 Italy: n-Butanol Market Size, By Application, 2015—2022 (Kiloton)
Table 50 Italy: n-Butanol Market 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: n-Butanol Market Size, By Application,2015—2022 (USD Million)
Table 53 MEA: n-Butanol Market Size, By Country, 2015–2022 (Kiloton)
Table 54 MEA: n-Butanol Market Size, By Country, 2015–2022 (USD Million)
Table 55 MEA: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
Table 56 MEA: n-Butanol Market Size, By Application, 2015–2022 (USD Million)
Table 57 Saudi Arabia: n-Butanol Market Size, By Application,2015–2022 (Kiloton)
Table 58 Saudi Arabia: n-Butanol Market Size, By Application,2015–2022 (USD Million)
Table 59 South Africa: n-Butanol Market Size, By Application,2015–2022 (Kiloton)
Table 60 South Africa: n-Butanol Market 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: n-Butanol Market Size, By Application,2015–2022 (USD Million)
Table 63 South America: n-Butanol Market Size, By Country, 2015–2022 (Kiloton)
Table 64 South America: n-Butanol Market Size, By Country,2015–2022 (USD Million)
Table 65 South America: n-Butanol Market Size, By Application,2015–2022 (Kiloton)
Table 66 South America: n-Butanol Market Size, By Application,2015–2022 (USD Million)
Table 67 Brazil: n-Butanol Market Size, By Application, 2015–2022 (Kiloton)
Table 68 Brazil: n-Butanol Market 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: n-Butanol Market 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

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

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