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(PRWEB) March 09, 2015
The North American N-Butanol market is expected to reach a value of $2446.8 million by 2019, estimated to grow at a CAGR of 5.4% from 2014 to 2019.
Browse through the TOC of North American N-Butanol Market for an analysis of industry trends and segments, with the help of various tables and figures.
http://www.micromarketmonitor.com/market/north-america-n-butanol-1314983271.html
N-Butanol is a colorless, neutral liquid of medium volatility with a characteristic banana-like odor. It has restricted miscibility (about 7-8%) in water, but is freely miscible with all common solvents such as glycols, ketones, alcohol, aldehydes, ethers, and aromatic and aliphatic hydrocarbons.
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N-Butanol is manufactured with the combination of Biomass, propylene, and syn gas. . N-butanol occurs naturally as minor product of fermentation of sugars and carbohydrates. It is found in various food & beverages, it is also permitted as artificial flavoring agent used. It is also used in wide range of consumer products. The largest use of n- butanol is in industrial intermediate, specifically for the manufacture of butyl acetate, butyl acrylate, dibutyl phthalate, dibutyl sebacate and other butyl easters and ethers. Other industrial uses include the manufacture of pharmaceuticals, polymers, pyroxylin plastics herbicide easters and printing.
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The North American N-butanol market is projected to reach a volume of KT 953.1 million by 2019, at a CAGR less than 3 % from 2014 to 2019, as the North American n-butanol market is technologically advanced and hold high potential in the n-butanol market in the region due to increase in the end use application. The factors that are enhancing the growth of this market are the rise in demand for the butyl acrylate and glycol ether, butyl acrylate is majorly use for paints, dispersion of paints, coatings, adhesives inks etc. At the same time glycol ether is heavily used in the production of consumer paints, cans & wood coatings, anti-corrosion coatings and in improving the wetting property of the water based products.
Related Report:
Asia-Pacific N-Butanol Market
The n-butanol industry is growing on account of increasing applications. The n-butanol market in Asia-Pacific was valued at $2,708.5 million in 2012 and is expected to reach $4,391.1 million by 2018, growing at a CAGR of 7.7% from 2013 to 2018.
http://www.micromarketmonitor.com/market/asia-pacific-n-butanol-2714757726.html
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