1-Butanol Market was valued at USD 5.02 Billion in 2022 and is projected to reach USD 8.12 Billion by 2030, growing at a CAGR of 6.4% from 2024 to 2030.
The 1-Butanol market is an important segment in the chemicals industry, with its applications spanning various sectors. The global market for 1-Butanol is primarily categorized based on its applications, including solvents, synthetic raw materials, extraction agents, and others. Each of these subsegments plays a significant role in driving the demand for 1-Butanol. Its versatile properties make it a key component in several industrial processes and formulations. The demand for 1-Butanol is driven by its ability to perform in a variety of functions, from being a solvent in paint formulations to being used in manufacturing butyl acrylate, a key material in adhesives and paints.
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### 1. 1-Butanol Market by Application: SolventAs a solvent, 1-Butanol plays a vital role in many industries, particularly in coatings, paints, varnishes, and adhesives. It is favored in these applications due to its relatively high solvency power and low evaporation rate, which contributes to the desired properties in finished products, such as smooth textures and durability. The solvent market for 1-Butanol is expected to witness steady growth, owing to its widespread use in paint formulations, industrial coatings, and the manufacture of cleaning products. Additionally, 1-Butanol's role as a solvent is key in the pharmaceutical and cosmetic industries for various formulations, enhancing the effectiveness of active ingredients and improving the usability of final products.In recent years, the growing demand for eco-friendly and sustainable products has driven an increase in the use of 1-Butanol as a greener alternative to other solvents. The compound's reduced toxicity compared to traditional solvents makes it an attractive choice in industries looking to comply with stringent environmental regulations. Furthermore, the expanding applications of 1-Butanol as a solvent in the production of bio-based chemicals are contributing to the market's growth. With the ongoing push towards sustainability, the demand for 1-Butanol in solvent applications is expected to see a continued upward trajectory in the coming years.### 2. 1-Butanol Market by Application: Synthetic Raw Materials1-Butanol is a crucial raw material in the synthesis of various chemicals, including butyl acrylate, butyl acetate, and plasticizers. Its utility in the production of these chemicals stems from its ability to react easily with other compounds to form more complex substances used in a wide range of products. Butyl acrylate, for example, is one of the primary applications for 1-Butanol, commonly used in paints, adhesives, and textiles. In addition to its use in acrylates, 1-Butanol serves as a precursor for producing butyl acetate, a solvent widely employed in the coatings and automotive industries. The growing demand for these derivatives in multiple industrial applications ensures a consistent demand for 1-Butanol in the synthetic raw materials market.The increasing need for high-performance plastics and polymers in industries like automotive, construction, and electronics has further fueled the demand for 1-Butanol in the production of synthetic raw materials. As manufacturing technologies advance and the need for specialty chemicals rises, the significance of 1-Butanol as a raw material continues to grow. The demand for its derivatives in applications such as adhesives, lacquers, and coatings is expected to remain strong, supported by continued industrialization and urbanization in emerging markets. This sustained demand positions 1-Butanol as a crucial player in the production of synthetic raw materials.### 3. 1-Butanol Market by Application: Extraction AgentIn the extraction sector, 1-Butanol is utilized as an extraction agent in several industries, including the food and beverage, pharmaceutical, and agricultural industries. Its solvent properties allow it to effectively extract essential oils, flavoring agents, and active ingredients from natural sources. For instance, 1-Butanol is used to extract valuable compounds from plants, such as cannabinoids, terpenes, and vitamins, which are utilized in both therapeutic and cosmetic formulations. Additionally, in the pharmaceutical industry, 1-Butanol is employed in the extraction and purification of a variety of compounds, which are essential for the production of drugs and treatments.The versatility and effectiveness of 1-Butanol as an extraction agent make it indispensable in the global extraction market. Its ability to dissolve a wide range of substances, including hydrophobic compounds, has contributed to its widespread adoption. With the growing demand for natural and organic products, particularly in the health and wellness sectors, 1-Butanol is expected to remain a key ingredient in extraction processes. Its role in helping manufacturers obtain high-purity extracts with minimal waste is likely to sustain its prominence in the extraction agent subsegment of the 1-Butanol market.### 4. 1-Butanol Market by Application: OthersThe "Others" segment within the 1-Butanol market includes applications that don't fall into the primary categories of solvents, synthetic raw materials, or extraction agents but still play a significant role in various industries. One such application is in the production of plasticizers, which are used to enhance the flexibility and durability of plastics, particularly in the automotive, construction, and packaging sectors. Another important use of 1-Butanol in this category is as an intermediate in the manufacturing of esters, which are essential in fragrances and flavoring products. 1-Butanol also serves as an additive in the manufacture of pharmaceuticals and as a component in certain chemical reactions in the lab scale production of organic compounds.The expansion of the "Others" segment is driven by the continuous development of new applications for 1-Butanol across various sectors. With innovation in chemical production techniques, 1-Butanol is becoming increasingly important as a versatile chemical that can serve in niche markets. This growing adaptability to meet diverse industrial needs is expected to provide numerous opportunities for market participants. The "Others" segment of the market is anticipated to experience growth as industries seek out alternative applications and new ways to integrate 1-Butanol into their processes.### Key Trends and Opportunities in the 1-Butanol MarketThe 1-Butanol market is witnessing key trends and opportunities that are reshaping the industry. One of the most prominent trends is the increasing demand for bio-based and eco-friendly chemicals. As companies and industries continue to prioritize sustainability, the demand for bio-based 1-Butanol sourced from renewable materials, such as corn or sugarcane, is expected to rise. This shift towards greener alternatives is aligned with global efforts to reduce the environmental impact of chemical production.Another opportunity lies in the growing demand for high-performance chemicals in emerging economies. As these markets industrialize and adopt more sophisticated technologies, there is an increasing need for specialty chemicals, including 1-Butanol, in various manufacturing processes. The demand for 1-Butanol in the production of bio-based chemicals and its role in the expansion of green technologies present substantial growth prospects for market participants.
1. What is 1-Butanol used for?
1-Butanol is primarily used as a solvent, in the production of synthetic raw materials, and as an extraction agent for various industries.
2. What industries use 1-Butanol?
1-Butanol is widely used in coatings, pharmaceuticals, food and beverage extraction, and in the production of chemicals such as butyl acrylate.
3. Is 1-Butanol biodegradable?
Yes, 1-Butanol is biodegradable, which makes it a more environmentally friendly option compared to other solvents.
4. How is 1-Butanol produced?
1-Butanol is typically produced through the hydration of butenes or by fermentation of biomass, particularly from corn or sugarcane.
5. What are the benefits of 1-Butanol as a solvent?
It has a high solvency power, low evaporation rate, and is less toxic compared to many traditional solvents.
6. What is the demand for bio-based 1-Butanol?
The demand for bio-based 1-Butanol is growing due to the shift towards sustainable and eco-friendly production methods in various industries.
7. Can 1-Butanol be used in pharmaceuticals?
Yes, 1-Butanol is used as a solvent in the formulation of pharmaceuticals, particularly in drug extraction and purification processes.
8. What are the applications of 1-Butanol in the paint industry?
1-Butanol is used in paints and coatings to improve viscosity, reduce drying time, and enhance the overall finish.
9. How does 1-Butanol compare to other solvents?
1-Butanol is less toxic, biodegradable, and has better solvency power, making it a more sustainable alternative to traditional solvents.
10. What are the future growth prospects for the 1-Butanol market?
The 1-Butanol market is expected to grow due to increasing demand in bio-based chemicals, sustainable products, and expanding industrial applications.
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BASF
DowDuPont
Oxea Group
Eastman Chemical Company
Formosa Plastic Group
Sasol Limited
Oxochimie
Kyowa Hakko
SABUCO
Perstorp Oxo
Mitsubishi Chemical
PETRONAS Chemicals Group
Optimal Chemicals
LG Chem
Elekeiroz
China Nation Petroleum
Sinopec Group
Yankuang Group
Bohai Chemical Industry Co.
Ltd
Wanhua
Huachang Chemical
Hualu-Hengsheng
Luxi Chemical
Lihuayi Group
Anqing Shuguang Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global 1-Butanol Market
Solvent
Synthetic raw materials
Extraction agent
Others
Based on Types the Market is categorized into Below types that held the largest 1-Butanol market share In 2023.
Industrial Grade
Reagent Grade
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
1. Introduction of the Global 1-Butanol Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global 1-Butanol Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global 1-Butanol Market, By Type
6. Global 1-Butanol Market, By Application
7. Global 1-Butanol Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global 1-Butanol Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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