Title: Isobutanol Market - Forecast(2022 - 2027)
1Isobutanol MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report (2022 - 2027)
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- Isobutanol market size is forecast to reach 1.03
billion by 2025, after growing at a CAGR of 5.36
during 2020-2025 - owing to the rising demand for isobutanol from
various end-use industries such as oil gas,
automotive, solvents coatings, pharmaceutical,
and more. - A major part of Isobutanol is converted into
derivates which are then used as solvents in the
coating industry.
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Key Takeaways
- Asia Pacific dominates the isobutanol market,
owing to the rising demand for isobutanol in the
automotive, chemical, solvent, and coating
sectors in the region. - Isobutanol is produced by propylene
carbonylation. The same products are obtained in
Reppe carbonylation, but the hydrogenation is
effected by the water-gas shift reaction.
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- By Distribution Channel- Segment Analysis
- Synthetic isobutanol held the largest share in
the isobutanol market in 2019, owing to the easy
availability of synthetic isobutanol. - Some thermophilic and hyperthermophilic archaea
also have enzymes that provide an alternative
pathway from 2-ketoisovalerate (KIV) to
isobutanol. - However, bio-based isobutanol is expected to
witness the highest growth during the forecast
period. Growing environmental and toxicity
concerns coupled with the cheaper price of
bio-based isobutanol may be attributed to product
demand.
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- Isobutanol Market Industry Outlook
- BASF,
- The Dow Chemical Company,
- Eastman Chemical Company,
- Toray, Fitesa,
- Formosa Plastics Corp.,
- Oxea GmbH,
- Mitsubishi Chemical Corporation,
- Perstorp Holding AB,
- Sasol Ltd.
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Isobutanol Market - Forecast(2022 -
2027) Learn More About the Report _at_
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l-market.html
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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