Isobutanol Market Growth Study, Future Trends, Demands, and Top Players Data by Forecast to 2030

 Isobutanol Market Overview:

Isobutanol is an organic molecule and is flammable, used as a solvent. It is soluble in many solvents such as ketone, aromatic hydrocarbon alcohol, aldehyde, ether, aromatic hydrocarbon, and glycol. Isobutanol is used as an additive and dehydrating agent. The use of Isobutanol is increased due to the rise in the petrochemical industry, which in turn enhances the growth of the global Isobutanol Market size. The Global Isobutanol Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Competitive analysis:

The major players operating in the isobutanol market are

BASF SE (Germany)
Eastman Chemical Company (U.S.)
Gevo (U.S.)
Butamax® Advanced Biofuels LLC (U.S.)
Sahara PCC (Saudi Arabia)
The Dow Chemical Company (U.S.)
Mitsubishi Chemical Corporation (Japan)
OXEA GmbH (Germany)
INEOS (UK)
SIBUR (Russia)
Lesaffre Advanced Fermentations (France)

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Industry/ Innovation/ Related News:

March 2017- Gevo Inc, announced to sign an agreement with Malaysian government to set up world’s first bio-isobutanol plant in Kerteh, Terengganu. This capacity expansion will help Gevo Inc, to strengthen their position among the global isobutanol manufacturer.

April 2017- Butamax announced to acquire Nesika Energy LLC to add isobutanol capacity to their facility. This strategic move will help company to meet the increasing demand for isobutanol across the globe.

June 2016- Gevo Inc, announced to establish an agreement with Musket Corporation to provide isobutanol for blending with gasoline. This agreement will help company to meet the increasing demand for isobutanol.

Competitive Landscape

The Isobutanol report has analysed the degree of competition among the key manufacturers in isobutanol market as well as sector growth and market scenario. The global isobutanol market  Growth comprises of extensive range of manufacturers operating in the market which consist of moderate scale and large scale producers. Some of the major players of isobutanol which has strong hold in the market have shifted their focus towards growth association specifically by Asia Pacific as moderate level and high level suppliers belongs to this province specifically from India, South Korea, the Philippines, Taiwan, Japan, Australia, China, Malaysia, and Thailand. Furthermore, the major operating players of isobutanol are observed to follow various strategic plans to improve their product portfolio such as joint ventures, product launches, distribution agreements, strategic acquisition, and mergers, and exclusive agreements. Major operating players in this market are projected to enhance their manufacturing capacity of isobutanol to meet the increasing demand for isobutanol worldwide.

Some of the important factors that positively influence the growth of the isobutanol market are expanding building & construction industry, continuous growth of woodworking industry, and rising demand for marine & aerospace coatings. It is also used as flavoring agent in food industry hence increasing processed foods industry in developing countries are predicted to fuel isobutanol market over the assessment period. Moreover, growing population along with rising construction projects in various economies has increased the consumption of isobutanol based coatings, which is likely, to propel the growth of the market over the assessment period, during 2017 to 2023. However, fluctuating crude oil price affects the raw material prices of isobutanol, which in turn, is estimated to hamper the growth of the market in the next few years.

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Isobutanol Market Segmentation:

The global isobutanol market is divided on the basis of type, application, end use industry, and region. On the basis of the type, isobutanol market is bifurcated into bio-based and synthetic. Among them, bio-based type segment is estimated to witness tremendous growth due to increasing environmental concern along with the implementation of stringent regulations by various government bodies regarding the VOC emission level. On the basis of the application, the market is categorized into intermediate, solvent, solubilizer, extracting agent, additive, and others. Among these, intermediate accounted for the leading market share in 2016 and is estimated to retain its dominance over the assessment period due to the continuous expansion of petrochemical industry specifically in the Asia Pacific and the Middle East & Africa. On the basis of the end-use industry, the market is further classified into pharmaceuticals, oil & gas, paint & coatings, textiles, chemicals, and others. Among the end use industry segment, oil & gas is predicted to register the highest growth owing to increasing demand for high performance/clean fuel is expected to propel the segment over the estimated period.

Regional Analysis:

The Asia Pacific is predicted to be the largest market for isobutanol followed by Europe and North America on account of rising demand from paints & coatings and oil & gas among others. Various countries of the Asia Pacific such as Malaysia, China, India, Thailand, and South Korea are the fastest growing market for isobutanol and is estimated to grow with the same pace in the upcoming years. Europe is predicted to witness moderate growth over the forecast period due to increasing demand for food and paints & coatings sector. In North America, countries such as U.S. and Canada are predicted to register moderate growth due to expanding textile and oil & gas sector in this region. Emerging economies of the Middle East & Africa such as Turkey, Qatar, the United Arab Emirates, and Saudi Arabia are expected to register healthy growth due to increasing building & construction sector in this region.

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Intended Audience:

• Isobutanol manufacturers
• Traders and Distributors of isobutanol
• Production Process Industries
• Potential Investors
• Raw Material Suppliers
• Nationalized Laboratory

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

Isobutanol  Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4Isobutanol  Market Landscape

4.1 Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Isobutanol Market