Isobutanol Market
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<strong>Isobutanol</strong> market factor and Trends Development Worldwide Forecast to 2023<br />
<strong>Isobutanol</strong> <strong>Market</strong> Factor and Trends<br />
Development Worldwide Forecast To<br />
2023<br />
P a g e | 1 sales@marketresearchfuture.com Copyright © 2017 <strong>Market</strong> Research Future.
<strong>Isobutanol</strong> market factor and Trends Development Worldwide Forecast to 2023<br />
Synopsis of <strong>Isobutanol</strong> <strong>Market</strong>:<br />
Global isobutanol market include the rising automotive production & sales, increasing<br />
consumption of coatings in woodworking & marine application, and continuous growth of<br />
textile sector. Furthermore, increased demand for coatings across numerous industries such<br />
as building & construction, automotive, wood, and others is predicted to have a significant<br />
positive impact on the demand for global isobutanol market in the upcoming years.<br />
Increasing population along with rising consumption of textile apparels has increased the<br />
demand for isobutanol based intermediate which in turn is predicted to propel the demand<br />
for the market over the assessment period, during 2017 to 2023.<br />
<strong>Isobutanol</strong> is a colorless, mobile, neutral liquid with a characteristic odor that is used in<br />
organic synthesis. It has similar properties to n-butyl alcohol and can be used as a<br />
supplement or replacement for them in many application. Solvent, isobutanol is widely used<br />
to decrease the viscosities in of many formulations and simultaneously promote the leveling<br />
and flow. It possesses excellent properties and widely used as a solvent, solubilizer, additive,<br />
extracting agent, additive, and intermediate in numerous end-use industries such as paints<br />
& coatings, oil & gas, pharmaceuticals, textiles, chemicals, and others. Global <strong>Isobutanol</strong><br />
<strong>Market</strong> Research Report- Information by Type (Bio-Based and Synthetic), Application<br />
(Intermediate, Solvent, Solubilizer, Extracting Agent), End-Use Industry (Pharmaceuticals,<br />
Oil & Gas, Paint & Coatings) Region – Forecast Till 2023<br />
<strong>Isobutanol</strong> <strong>Market</strong> Key Players<br />
Some of the prominent players operating in the global isobutanol market are BASF SE<br />
(Germany), Eastman Chemical Company (U.S.), Gevo (U.S.), Butamax® Advanced Biofuels<br />
LLC (U.S.), Sahara PCC (Saudi Arabia), The Dow Chemical Company (U.S.), Mitsubishi<br />
Chemical Corporation (Japan), OXEA GmbH (Germany), INEOS (UK), SIBUR (Russia).<br />
<strong>Isobutanol</strong> <strong>Market</strong> Segmentation Analysis<br />
The global isobutanol market is segmented on the basis of type, application, end use<br />
industry, and region. On the basis of type, isobutanol market is bifurcated into bio-based<br />
and synthetic. On the basis of application, the market is categorized into intermediate,<br />
solvent, solubilizer, extracting agent, additive, and others. On the basis of end-use industry,<br />
the market is segmented into pharmaceuticals, oil & gas, paint & coatings, textiles,<br />
chemicals, and others.<br />
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<strong>Isobutanol</strong> market factor and Trends Development Worldwide Forecast to 2023<br />
<strong>Isobutanol</strong> <strong>Market</strong> Regional Analysis<br />
The global isobutanol market is further categorized into five regions namely- Latin America,<br />
and the Middle East & Africa, North America, Asia Pacific, and Europe. Among these, Asia<br />
Pacific emerged as the leading market share in 2016 and continue to remain leading regional<br />
market share in terms of value and volume. The factors attributed to the regional market<br />
growth are the continuous growth of numerous end-use industries such as paints & coatings,<br />
pharmaceuticals, and oil & gas among others. The demand for isobutanol is estimated to<br />
propel the growth of the market in numerous countries of the Asia Pacific such as India,<br />
China, the Philippines, Australia, Taiwan, Japan, Malaysia, Singapore, and South Korea due<br />
to steady urbanization and high adoption rate from various end-use industries.<br />
The Asia Pacific emerged as the largest isobutanol market followed by Europe and North<br />
America. Europe is predicted to be the second largest market for isobutanol and is expected<br />
to witness constant growth due to the presence of automotive manufacturers in countries<br />
such as UK, Germany, France, Italy, and Spain. Moreover, increased investment by major<br />
players in the research and development activities and innovation is estimated to fuel the<br />
regional market growth. In the Middle East & Africa, numerous countries such as Kuwait,<br />
Turkey, Qatar, the United Arab Emirates, Oman, and Saudi Arabia are estimated to register<br />
above-average growth owing to rising construction activities combined with growing<br />
consumption of isobutanol based coatings. Browse the market data and information spread<br />
across 139 pages with 47 data tables and 13 figures of the report “<strong>Isobutanol</strong> market<br />
factor and Trends Development Worldwide Forecast to 2023.”<br />
P a g e | 3 sales@marketresearchfuture.com Copyright © 2017 <strong>Market</strong> Research Future.
<strong>Isobutanol</strong> market factor and Trends Development Worldwide Forecast to 2023<br />
P a g e | 4 sales@marketresearchfuture.com Copyright © 2017 <strong>Market</strong> Research Future.
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