Iso Butanol Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Company Share, Foreign Trade, Manufacturing Process, 2015-2032

H1 2023: The prominent players in the Iso Butanol market in H1 2023 were BASF SE, Highlands EnviroFuels, LLC, INEOS Group Limited, and Tianjin Bohai Chemical Industry Co, Ltd. In terms of location, Asia Pacific consumed the most Iso Butanol in H1 2023. In the first four months of 2023, the Iso Butanol market remained optimistic in the Asian nations. Due to the high demand for the product from the downstream Paint and coating sectors, the Iso Butanol demand in the Asia Pacific region increased. With improvements in trading fundamentals, the demand for iso-butanol remained high. The prices slightly decreased towards the end of March 2023 as ample stocks constrained the trading fundamentals. A strong demand from the downstream Paint and coating industry was observed in April in China. Major Iso Butanol producers in China found it difficult to meet consumer demand due to the rise in feedstock propylene prices and restricted supply from exporting nations. At the end of May 2023, Iso Butanol prices fell in China and remained low till the end of H1 2023. In the US, Isobutanol prices varied throughout H1 2023. However, Iso-Butanol's price in the US dramatically surged in March 2023. It was due to the strong demand from downstream industries to meet rising industrial demand. With insufficient stockpiles in the ports, downstream Paint and coating industries had to purchase isobutanol at steep prices. The iso-butanol market was at the lower end in March following increased demand for premium cargo shipments of iso-butanol from the United States to the South American region. April saw a sudden decline in the price of iso-butanol due to a decline in demand from US downstream coating sectors. Additionally, poor trading activity for iso-butanol in the US market was caused by high product inventories and deteriorating market fundamentals. However, Iso Butanol prices began to rise from mid-May 2023 in the US. 

 

The global Iso Butanol market reached approximately 650 thousand tonnes in 2022 and is expected to grow at a CAGR of 5.05% during the forecast period until 2032. 

 

Iso Butanol is used as a chemical intermediate in a variety of chemical processes and industries. It is commonly used to make isobutyl acetate, isobutyl methacrylate, and other compounds. Iso Butanol is utilised as a solvent and as a feedstock in chemical reactions. Pure Iso Butanol is mostly transformed into derivates (mainly esters) that are used as solvents in the coating industry. Iso Butanol has the advantage of preventing blushing of certain coatings when they dry in humid conditions. As a result, it is commonly employed as a diluent in cellulose nitrate lacquers, where it improves flow and shine. Iso Butanol's versatility and critical significance in chemical industries' production processes have cemented its position as the market's major application segment. Iso Butanol is also employed in the plasticizer industry for the manufacturing of derivative esters. Plasticizer agents containing isobutyl esters, such as diisobutyl phthalate (DIBP), are utilized in manufacturing plastics, rubbers, and other dispersions. Other applications include polishers and cleansers, as well as gasoline additives for spark-ignition engines to help avoid carburetor ice. It is employed in the manufacture of organic chemicals as a chemical extractant and as a mobile phase in thin layer chromatography. Additionally, it is employed as an extraction solvent in the manufacture of pharmaceuticals, a component of anti-icing blends, and an anti-corrosive additives. 

 

The Iso Butanol market is likely to be driven by the Solvent & Coatings industry in the forecast period. Iso Butanol is a major ingredient in coatings and solvents used in the building and construction industries. Building and construction operations are expanding rapidly over the world as the world's population grows. Iso Butanol demand is likely to thus rise with the increased investment in building and construction activities in the future. Other factors like, the growing need for Iso Butanol in the manufacturing of chemical intermediates such as isobutyl acetate and derivative esters also support market expansion. The global Iso Butanol market is expected to reach nearly 1050 thousand tonnes by 2032. 

 

Based on consumption, Asia Pacific dominates the Iso Butanol market. This region consumed nearly 45% of the worldwide Iso Butanol market in 2022 and is expected to maintain its position as leader in the coming years. Because of rising demand for Iso Butanol to produce paints and coatings which are further used in in the automotive and construction sectors, Asia Pacific is likely to dominate the global Iso Butanol market. Increased urbanisation and buying activities  are also driving the Asia Pacific Iso Butanol market. Developing nations like India are investing a lot of funds in building and construction projects including smart cities, commercial complexes, and residential buildings, which is likely to help the Iso Butanol market growth in future. 

 

Based on the end-user industry, the global Iso Butanol market is segmented into Solvent & Coatings, Plasticizer, Chemical Intermediates, and Others. Although, Solvent & Coatings industry is dominating the Iso Butanol market and held a share of roughly 50% in 2022. Another significant end-user of Iso Butanol market is the Plasticizer industry. 

 

Major producers in the production of Global Iso Butanol market are BASF SE, Highlands EnviroFuels, LLC, INEOS Group Limited, Tianjin Bohai Chemical Industry Co, Ltd., Gevo Inc., SINOPEC Anqing Company, Grupa Azoty Kędzierzyn, CNOOC and Shell Petrochemicals Company Limited, Dairen Chemical Corporation, and  Haizheng Chemical Co.,Ltd.

 

Years considered for this report:

 

Historical Period: 2015- 2022

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2024-2032

 

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Objective of the Study: 

 

• To assess the demand-supply scenario of Iso Butanol which covers production, demand and supply of Iso Butanol   market in the globe.

• To analyse and forecast the market size of Iso Butanol   

• To classify and forecast Global Iso Butanol market based on end-use and regional distribution.

• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., of Iso Butanol market in the globe.

 

To extract data for Global Iso Butanol market, primary research surveys were conducted with Iso Butanol manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global Iso Butanol market over the coming years. 

 

ChemAnalyst calculated Iso Butanol demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production raw material to produce Iso Butanol. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst. 

 

 

Key Target Audience:

 

• Iso Butanol manufacturers and other stakeholders

• Organizations, forums and alliances related to Iso Butanol distribution

• Government bodies such as regulating authorities and policy makers

• Market research organizations and consulting companies

 

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Iso Butanol manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

 

Report Scope:

 

In this report, Global Iso Butanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below: 

 

Attribute	Details
Market size Volume in 2022	4000 thousand tonnes
Market size Volume by 2032	6000 thousand tonnes
Growth Rate	CAGR of 4.48% from 2023 to 2032
Base year for estimation	2023
Historical Data	2015 – 2022
Forecast period	2024 – 2032
Quantitative units	Demand in thousand tonnes and CAGR from 2022 to 2032
Report coverage	Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End-Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade, Manufacturing Process.
Segments covered	By End-Use: (Solvent & Coatings, Plasticizer, Chemical Intermediates, and Others) By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope	North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Available Customizations:

 

With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.

 

In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com

Table of Content

 

1. Industry Market Size 

It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of Iso Butanol market in terms of value and volume.

 

2. Capacity By Company 

On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for Iso Butanol.

 

3. Capacity By Location 

To better understand the regional supply of Iso Butanol by analyzing its manufacturers' location-based capacity.

 

4. Plant Operating Efficiency

To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.

    

5. Production By Company [Quarterly Update]

Study the historical annual production of Iso Butanol by the leading players and forecast how it will grow in the coming years.

 

6. Demand by End- Use [Quarterly Update]

Discover which end-user industry (Solvent & Coatings, Plasticizer, Chemical Intermediates, and Others) are creating a market and the forecast for the growth of the Iso Butanol market. 

 

7. Demand by Region

Analyzing the change in demand of Iso Butanol in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand. 

 

8. Demand by Sales Channel (Direct and Indirect)

Multiple channels are used to sell Iso Butanol. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.

 

9. Demand-Supply Gap

Determine the supply-demand gap to gain information about the trade surplus or deficiency of Iso Butanol.

 

10. Company Share

Figure out what proportion of the market share of Iso Butanol is currently held by leading players across the globe. 

 

11. Country-wise Export

Get details about quantity of Iso Butanol exported by major countries. 

 

12. Country-wise Import

Get details about quantity of Iso Butanol imported by major countries.

 

13. Manufacturing Process

Discover insights into the intricate manufacturing process of Iso Butanol.