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Asia-Pacific N-Butanol Market to Reach USD4,636.4 Million by 2019, Forecasts MicroMarket Monitor

Published on 2015-05-12. Author : SpecialChem

The “Asia-Pacific N-Butanol Market By Applications (Butyl Acrylate, Butyl Acetate, Glycol Ethers, and Others) & Geography - Global Trends & Forecasts to 2019” is expected to reach a value of USD4,636.4 Million by 2019, estimated to grow at a CAGR of 7.7% from 2014 to 2019.

N-butanol is a colorless, neutral liquid of medium volatility, with a characteristic banana-like odor. It has restricted miscibility (about 7-8%) in water, but is freely miscible with all common solvents such as glycols, ketones, alcohol, aldehydes, ethers, and aromatic and aliphatic hydrocarbons.

N-butanol is manufactured with the combination of biomass, propylene, and syn gas. N-butanol occurs naturally as a minor product of fermentation of sugars and carbohydrates. It is found in various food & beverages, and is also permitted as an artificial flavoring agent. It is also used in a wide range of consumer products. The largest use of n-butanol is as an industrial intermediate, specifically for the manufacture of butyl acetate, butyl acrylate, dibutyl phthalate, dibutyl sebacate, and other butyl esters and ethers. Other industrial uses of n-butanol include the manufacture of pharmaceuticals, polymers, pyroxylin plastics, herbicide esters, and printing.

The Asia-Pacific n-butanol market is projected to reach a consumption volume of 2,669.3 KT million by 2019, at a CAGR of over 5% during the forecast period of 2014 to 2019. The Asia-Pacific n-butanol market is technologically advanced and holds high potential in the n-butanol market in the region due to the increasing demand from end-use applications. The key drivers of the n-butanol market in the region include the major applications of n-butanol in automotive & marine coatings and industrial & architectural products; and the rising demand for butyl acrylate and glycol ether. Butyl acrylate is majorly used for paints, dispersion of paints, coatings, adhesives, and inks, among others.

For the purpose of a geographic analysis of the Asia-Pacific market, the major countries of the region (China, Japan, and India) have been considered. The report provides country-level data, in terms of the various sub-segments of the n-butanol market, including applications such as direct solvents, plasticizers, and butyl acrylate, among others.

About MicroMarket Monitor

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

Source: MicroMarket Monitor
 


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