Isobutanol is widely used in the production of isobutyl acetate. The demand for isobutyl acetate is growing, owing to its acceptance in the various consumer product industries such as food processing industry and lacquer. In the recent years, the demand of isobutyl acetate has also increased from paint and coating industries, owing to the stringent regulation towards the production of environment friendly paint and coating, mainly in western countries. The rising demand of isobutyl acetate is expected to boost the global isobutanol market during the forecast period.
GLOBAL INDUSTRY INSIGHT: Isobutanol Market Size, Share,
Development, Growth and Demand Forecast to 2020 P&S Market
Research. All rights reserved 2 Global Isobutanol Market Size,
Share, Development, Growth and Demand Forecast to 2020
Isobutanolisexpectedtoperceivesignificantdemandasanalternativeofconventionalfuel.Thehigh
demand of isobutanol is attributed to its increasing demand, as an
alternative for ethanol in gasoline (mainly due to the high energy
density of isobutanol).Request Table of Contents at:
https://www.psmarketresearch.com/market-analysis/isobutanol-market
Isobutanol is widely used in the production of isobutyl acetate.
The demand for isobutyl acetate is growing, owing to its acceptance
in the various consumer product industries such as food processing
industry and
lacquer.Intherecentyears,thedemandofisobutylacetatehasalsoincreasedfrompaintandcoating
industries, owing to the stringent regulation towards the
production of environment friendly paint and coating, mainly in
western countries. The rising demand of isobutyl acetate is
expected to boost the global isobutanol market during the forecast
period.Isobutanol is a transparent and chemically inert liquid,
which has a characteristic odor. Isobutanol forms a
homogeneoussolventinnatureanditcanbeeasilyusedwithmajorityofsolvents,suchasalcohols,
aromatichydrocarbons,aldehydes,ketones,ethers,glycolsandaliphatichydrocarbons.However,its
solubility with water is limited in comparison to other common
solvents. Some of the important applications of isobutanol are
found intextile,Solvent(coatings/cleaners), De-icing
fluids,Intermediateforethersand ester, anti-inhibitors in engine
oils, floor polishes, additive in gasoline, flotation agents,
agricultural chemical intermediate and others Isobutanol also
contains key constituents, which is found in many other chemicals
such as, isobutyl ester, p-xylene, and isobutanol. Transportation,
cosmetics, oil & gas, and paints & coatings are some of the
major
applicationmarketofisobutanol.Theongoingsurgeinurbanizationandstrengtheninginfrastructural
development projects in tier2 and tier3 cities in developing
countries such as India, China, and Brazil are expected to boost
the demand of paints and coating, which in-turn are expected to
increase the demand of isobutanol during the forecast period. The
development of bio-based isobutanol is expected to be one of the
majordriversfortheisobutanolmarketduringtheforecastperiod,asnewproductdevelopmentinthe
isobutanol market is the key competitive advantage among the major
players. The stringent government regulation towards the use of
isobutanol in food processing and cosmetics owing
tothetoxicpropertiesisstillthemostdominantrestrainforthegrowthofisobutanolmarket.In2009,
Government of Canada has restricted the use of isobutanol in
cosmetics, due to the toxicity of lethal dose at 50%. P&S
Market Research. All rights reserved 3 Global Isobutanol Market
Size, Share, Development, Growth and Demand Forecast to 2020 Based
on various applications the global isobutanol market can be
segmented as Oil and Gas, Paint and coating, Cosmetics, Food
processing, De-icing fluids, Textile and others. Based on the
various end use of
isobutanolthemarketcanbebroadlysegmentedasIsobutylester,P-xylene,Isobutanol,Isobutyland
others. Asia Pacific is the largest market of Isobutanol in 2014,
attributed to the demand of isobutanol from food
processingandpaintsandcoatingindustryinthisregion.Thesurgingurbanizationandstrengthening
infrastructural project in tier2 and tier3 cities of India and
China has boosted the demand of isobutanol in this region. Asia
Pacific is still the fastest growing isobutanol market, which has
attributed to the high demand for automotive paints and coating
from China, India andSouth-East Asian countries.
SomeofthemajorcompaniesoperatingintheglobalisobutanolmarketincludeTheDowChemical
Company, BASF SE, Eastman Chemical Company, Fitesa, Toray
Industries, Inc. and Gevo, Inc. BrowsemorereportsonChemicalMaterial
sandEnergy:https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy
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