The market for n-butanol is projected to reach USD 7.50 billion by 2029, from USD 5.63 billion in 2024, at a CAGR of 5.9% during the forecast period. The rising demand for chemicals in infrastructural construction and automotive manufacture dominates the demand for n-butanol market.
The prominent global players that operates in the n-butanol market includes BASF (Germany), Dow (US), SABIC (Saudi Arabia), Mitsubishi Chemical Group Corporation (Japan), Eastman Chemical Company (US), Sasol Limited (South Africa), OQ Chemicals GmbH (Germany), PetroChina Company Limited (China), KH Neochem Co., Ltd., SABIC (Saudi Arabia) and Petronas Chemicals Group Berhad (Malaysia) are the key players in the n-butanol market.
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BASF SE
One of the world's biggest chemical makers is Germany's BASF. Its seven business segments which are materials, chemicals, industrial solutions, surface technology, nutrition & care, agricultural solutions and others. The company manufactures & provides plasticizers, monomers, glues, solvents, textile, fibers, plastics, medicines, crop protection products, paints, and coatings under the chemical business division.
Through its subsidiary operations, the company also serves a global customer base with 390 industrial facilities across over 90 countries in all of Europe. Focused on Europe as its main operating area, it is also present in Asia Pacific, South America, Africa and North America.
The Dow Chemical Company
The Dow Chemical Company is a pioneer in the industry, with its diverse clientele and various applications. The company employs approximately 36,000 employees and functions in approximately 160 nations. A wide variety of chemicals, polymers, and substances are available. Agricultural products are primarily used by industries rather than individual consumers. The corporation's product selection is diversified into three categories such as industrial intermediates, packaging, plastics designed for specific uses in packaging, materials for enhancing performance, and coatings built environment.
The company provides n-butanol within the Performance Materials and Coatings department. Fossil fuels, energy, packaging, specialty plastics, and other items fall under the packaging and specialty plastics category. Polyurethanes, construction chemicals, and industrial solutions fall within the category of industrial intermediates and infrastructure.
Related Reports:
n-Butanol Market by Grade (Industrial, Pharmaceutical), Distribution Channel, Feedstock, Application (Butyl Carboxylate, Direct Solvents, Specialty Chemicals, Rubber & Plasticizers), End-Use Industry and Region - Global Forecast to 2029
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