Axiom Market Research & Consulting™ added a, “N-Butanol Market Report, By Application, By End User and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024”. The global n-butanol market is forecast to grow at a CAGR 4.5% to 5.5% during the forecast period 2019 to 2024. The n- butanol system markets have a developing potential owing to the wide industrial application such as automotive, construction and agrochemicals as solvents, ink, paints and adhesives. Moreover, rising disposable income, rapid industrialization and increasing investment of many major players in the market fuels the market growth. However, increasing prices of raw material, shortage of raw material and environment regulations pertaining to n-butanol may hinder the growth of the market. One of the major trends anticipated to boost the market during the forecast period is the development of bio-butanol for industrial applications. Based on Application, the global n-butanol market is categorized into butyl acrylate, butyl acetate, glycol ethers, direct solvent, plasticizers and others. Butyl acrylate segment accounts for the largest market share in terms of value and volume. The wide range of application including automotive coatings, marine coating & textiles and the growth of global solvent market are the major factors fuelling the demand. Furthermore, direct solvents application segment is projected to be grow at a highest pace during the forecast period. The global n-butanol market is further bifurcated by end users into chemical industry, food and beverages, textile, agriculture, paints and coatings, petroleum industry, derivative production and others. The chemical industry sector is estimated to account for the largest market share and expected to maintain their dominance throughout the forecast period followed by and paints and coating segment. Increasing application of n-butanol in wide areas including pharmaceutical, polymers, printing and cosmetics will fuel the market in the future. Scope & Analysis of the Report Based on Geography: The global market is studied for key regions such as, North America which includes U.S., Canada and Mexico, Europe which includes Germany, France, U.K., Italy, Rest of Europe, Asia Pacific which includes China, Japan, India, South Korea, Rest of Asia pacific and Rest of the world which includes Latin America and Middle East and Africa. Ask for Sample PDF of report at https://axiommrc.com/request-forsample/?report=1683 Global N-Butanol Market Is Led By Key Companies: The key companies that lead the N-Butanol market are include,
BASF SE The Dow Chemical Company
Oxea Sasol Petrochina Eastman Mitsubishi Chemical Corporation BASF Petronas Chemicals Sinopec KH Neochem Oxochimie Andhra Petrochemicals Azoty Zak Spó³ka Akcyjna Cobalt Technologies Green Biologics etc.
The n-butanol market players are adopting merger, acquisition and product development strategies, to sustain the competition and enhance their customer base. The increase in product extensions and product innovations will strengthen the competitive environment among the market payers. Inquire for further detailed information about N-Butanol Market Report at https://axiommrc.com/speak-to-analyst/?report=1683 N-Butanol Market Is Segmented On The Basis of Applications:
Butyl Acrylate Butyl Acetate Glycol Ethers Direct Solvent Plasticizers and Others
Have Any Query? Speak to Analyst for N-Butanol Market Report at https://axiommrc.com/speak-to-analyst/?report=1683 Key Questions Answered in Report: –
What are the Future Scope of global N-Butanol market up to 2024 What are the challenges to market growth? Who are the key vendors in the global N-Butanol market? What will the market size and the growth rate be in 2024? What are the key market trends impacting the growth of the global N-Butanol market? What are the key Companies the global N-Butanol market?
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