Albany, NY -- (SBWire) -- 03/09/2019 --Introduction

N-butanol or n-butyl alcohol is a primary alcohol, having four-carbon structures. Its chemical formula is C4H9OH. N-butanol is increasingly used as a bio-fuel in the automotive industry.

N-butanol is largely soluble in water; therefore, it is primarily used as a solvent for many formulated products such as paints, inks, adhesives, camphor, dyes, and cosmetics. N-butanol is extensively used to produce butyl acetate, an artificial flavoring and industrial solvent.

N-butanol Market: Overview

Based on application, the N-butanol market can be segmented into glycol ethers, urea-formaldehyde, additives, direct solvents, butyl acetate, butyl acrylate, bio-fuel, swelling agent plasticizers, melamine formaldehyde, and others.

In terms of end-user industries, the N-butanol market can be classified into paints and coatings, agriculture, textile, chemical, petroleum, derivative production, food & beverage, and others. Chemical and food & beverage industries are major consumers of N butanol.

N-butanol Market: Trends and Developments

Raw material use for production of primary N-butanol is syngas and propylene. Propylene is mainly comes from the petroleum industry, and fossil fuel derived chemicals like propylene have frequent price changes as per market and international conditions. This condition is also applicable to syngas, it's a hydrocarbon base having high prices. Price fluctuations inhibit the global N-butanol market.

Increase in use of N-butanol to produce butyl acrylate, automotive coatings, adhesives, and marine coatings is expected to propel the market during the forecast period. N-butanol is also used as a solvent to manufacture urea-formaldehyde and melamine formaldehyde resins. This, in turn, is anticipated to boost the N butanol market.

Decrease in usage of DOP (2-ethylhexyl) (phthalate) and volatility in prices restrains the N-butanol market in North America and Europe. Strict regulations regarding the usage of N-butanol due to its harmful effects on human health, in developed countries adversely affects the N-butanol market. For small capacity plants, N-butanol is not suitable for production due to changes in raw material price.

N-butanol Market: Regional Outlook

Based region, the global N-butanol market can be divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounts for a significant share of the N-butanol market. The N-butanol market in Asia Pacific is estimated to expand due to growth in population, rise in urbanization, and increase in standard of living. China holds a large share of the market in Asia Pacific, followed by India and Japan.

Get PDF Brochure for more Professional & Technical industry insights: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=54084

Demand for N-butanol is high in North America, especially in the U.S. Germany constitutes a dominant share of the market in Europe, followed by France. Middle East and Latin America are contributing significantly to expansion of the global n-butanol market.

N-Butanol Market: Key Players

Major players operating in the global N-butanol market include Perstorp Holding Ab, Cobalt Technologies, Dow Chemical, Eastman, BASF, Sinopec, Plastics Corp., and Mitsubishi Chemical.

About Transparency Market Research
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

Contact us:

Transparency Market Research

90 State Street,

Suite 700,

Albany

NY – 12207

United States

Tel: +1-518-618-1030

USA – Canada Toll Free 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com/