Isobutanol Market to Witness Comprehensive Growth by 2025

1. Isobutanol Market  Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2025 ©2019 Transparency Market Research, All Rights Reserved

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3. Isobutanol Market: Overview • The highly competitive global market for isobutanol features a large number of small and large companies, wherein companies are putting more focus on reducing their dependence on conventional feedstock derived from crude oil as a way to reap benefits from the rising demand for bio-based products, observes Transparency Market Research in a recent report. • Some of the leading companies in the market are The Dow Chemical Company, Mitsubishi Chemical Corporation, BASF SE, Eastman Chemical Company, Gevo, GrupaAzoty S.A., Saudi Butanol Company, AndraPerteochemicals Limited, and Oxea GmbH. • According to the report, the global isobutanol market was valued at US$679.7 mn in 2016. The market is likely to reach US$1,069.9 mn by 2025, expanding at a CAGR of 5.2% between 2017 and 2025. • Asia Pacific to Continue to Remain Leading Regional Market Applications of isobutanol across industries such as automotive, chemical, and paints and coatings are likely to amass the most share in the overall revenue of the global market over the forecast period. • The rising usage of the compound across the bio-fuel sector is also likely to present promising growth avenues before the market in the near future.

4. Increased Global Consumption of Paints and Coatings to Spell Growth for Market • One of the key factors expected to have a significant positive impact on the overall development of the global isobutanol market is the increased demand from the paints and coatings industry. • As isobutanol is one of the key constituent of coatings and solvents used across a number of applications in industries such as building and construction and automotive, the increased demand for coatings across these industries is likely to have a significant positive impact on the overall development of the global isobutanol market in the next few years. • Isobutanol has a wide set of applications in automobiles, including usage in anti-wear and anti-corrosion engine oils and polishing and cleaning of automobile parts. • Owing to rising disposable income in developing economies, sales of personal vehicles have skyrocketed in the past few years. • As isobutanol is one of the most used solvents in the pharmaceutical industry, the rising demand for products from the latter is expected to have a positive impact on the overall development of the isobutanol industry as well. • Isobutanolis also used as a key ingredient in the production of industrially important products such as lubricants, plastics, and propylene, rising demand for which is expected to further drive the market.

5. Fluctuations in Crude Oil Prices could Hamper Market Growth Despite vast growth opportunities, the market’s growth prospects could be restrained to a certain extent owing to fluctuations in supply and pricing of crude oil as isobutanol is manufactured from propene, which is a key derivative of crude oil refining. Nevertheless, the increased focus on research and development in the area of bio-fuel has enabled the production of isobutanol with the help of biological fermentation in the recent years. Moreover, companies operating in the global isobutanol market may benefit from the increased usage of isobutanol in the development of bio-fuel, which are much cleaner and have nearly 30% more energy content as compared to ethanol. View Report Download Brochure ©2019 Transparency Market Research, All Rights Reserved

6. Prominent players operating in the global isobutanolmarketinclude : The Dow Chemical Company, Mitsubishi Chemical Corporation, BASF SE, Eastman Chemical Company, Gevo, GrupaAzoty S.A., Saudi Butanol Company, AndraPerteochemicalsLimited, Oxea GmbH. Request For Multiple Chapters of global isobutanol market ©2019 Transparency Market Research, All Rights Reserved

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