Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the n-Butanol Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the n-Butanol Industry in 2024 and 2025?
The n-Butanol market has been experiencing a steady growth over the recent years. The market size is expected to increase from $3.55 billion in 2024 to $3.72 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 4.6%.
What Is the Projected Market Size of the n-Butanol Market in 2029?
The n-butanol market is projected to reach $4.52 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.0%.
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What Are the Key Drivers of n-Butanol Market Growth?
The key Drivers in the n-butanol market are:
• Rising demand for eco-friendly and renewable energy sources
• Increasing awareness and policy measures against climate change
• Technological developments in renewable energy sector
• Striving towards energy independence and security.
What Are the Primary Segmentation Categories in the n-Butanol Market?
The n-butanolmarket covered in this report is segmented –
1) By Grade: Pharmaceuticals, Industrial, Chemicals
2) By Production Process: Oxyhydrogenation Of Propylene, Butane Oxidation, Fermentation Of Biomass
3) By Application: Butyl Acrylate, Butyl Acetate, Glycol Ethers, Direct Solvent, Plasticizers, Other Applications
4) By End-Use Industry: Paints And Coatings, Chemicals And Petrochemicals, Textiles, Agriculture, Buildings And Constructions, Food And Beverages, Transportation, Pharmaceuticals
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What Are the Major Trends Shaping the n-Butanol Market in 2025 and Beyond?
The key trends in the n-butanol market are:
• Companies are focusing on advanced processes such as PO/TBA production for a competitive edge.
• There is a trend towards creating efficient and economically advantageous production processes.
• The production of key chemicals used across various applications is gaining momentum.
• The conversion of chemicals into fuel additives to improve gasoline combustion and reduce vehicle emissions is a growing trend.
Who Are the Emerging Players in the n-Butanol Market?
The key players in the n-butanol market are:
• China National Petroleum Corporation
• BASF SE
• Grupa Azoty
• The Dow Chemical Company
• Saudi Basic Industries Corporation
• Thermo Fisher Scientific Inc.
• Mitsubishi Chemical Corporation
• Merck KGaA
• Ineos Group Limited
• Brenntag AG
• Sasol Limited
• Arkema S.A.
• Eastman Chemical Company
• PETRONAS Chemicals Group
• Jiangsu Huachang Chemical Industry Company Limited
• Solventis Ltd
• BASF PETRONAS Chemicals Sdn. Bhd.
• OQ Chemicals GmbH
• KH Neochem Co. Ltd.
• Texmark Chemicals Inc.
• Santa Cruz Biotechnology Inc.
• Anhui Shuguang Chemical Group
• Finar Limited
• Tokyo Chemical Industry Co. Ltd.
• Pacific Texchem Private Limited
• Andhra Petrochemicals Ltd.
Which Regions Are Leading the Growth in the Global n-Butanol Market?
Asia-Pacific was the largest region in the n-butanol market in 2024
