Asia-Pacific N-Butanol Market is Expected to Reach $4,636.4 Million by 2019 - A Report by MicroMarket Monitor
(PRWEB) March 21, 2015 -- The Asia-Pacific N-Butanol market is expected to reach a value of $4,636.4 million by 2019, at a CAGR of 7.7% during the forecast period of 2014 to 2019.
Browse through the TOC of asia-pacific n-butanol market for an analysis of industry trends and segments, with the help of various tables and figures.
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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 a minor product of fermentation of sugars and carbohydrates. It is found in various food & beverages, and is also permitted as an artificial flavoring agent. It is also used in a wide range of consumer products. The largest use of n-butanol is as an industrial intermediate, specifically for the manufacture of butyl acetate, butyl acrylate, dibutyl phthalate, dibutyl sebacate, and other butyl esters and ethers. Other industrial uses of n-butanol include the manufacture of pharmaceuticals, polymers, pyroxylin plastics, herbicide esters, and printing.
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The Asia-Pacific n-butanol market is projected to reach a consumption volume of 2,669.3 KT million by 2019, at a CAGR of over 5% during the forecast period of 2014 to 2019. The Asia-Pacific n-butanol market is technologically advanced and holds high potential in the n-butanol market in the region due to the increasing demand from end-use applications. The key drivers of the n-butanol market in the region include the major applications of n-butanol in automotive & marine coatings and industrial & architectural products; and the rising demand for butyl acrylate and glycol ether. Butyl acrylate is majorly used for paints, dispersion of paints, coatings, adhesives, and inks, among others.
For the purpose of a geographic analysis of the Asia-Pacific market, the major countries of the region (China, Japan, and India) have been considered. The report provides country-level data, in terms of the various sub-segments of the n-butanol market, including applications such as direct solvents, plasticizers, and butyl acrylate, among others.
Related Report:
Europe N-Butanol Market
N-butanol is a primary alcohol with a four carbon structure. Its isomers include isobutanol, 2-butanol, and tert-butanol. N-butanol occurs naturally as a product of fermentation of sugars and carbohydrates. It is widely used in various food & beverages, as an artificial flavoring agent, 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
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