n-Butanol Market Demand, Capacity, Trade, Pricing and Market Outlook Report Till 2034

Description

N-Butanol, a four-carbon straight-chain alcohol, is primarily produced through the hydroformylation of propylene, followed by hydrogenation. It is widely used in the manufacturing of butyl acrylate, butyl acetate, plasticizers, glycol ethers, and other solvents, making it integral to numerous downstream industries. The market is heavily driven by the expansion in chemical manufacturing, increasing demand for paint & coating, and growth in polymer and plastic production.

Demand by Application Type

Among the major applications, butyl acrylate and butyl acetate account for the largest consumption of n-Butanol. These derivatives are essential in the production of paints & coatings, adhesives & sealants, and textiles. Butyl acrylate is used mainly in water based paints and sealants owing to its excellent durability and flexibility. Butyl acetate, on the other hand, is a key solvent used in the coatings and printing industries. Plasticizers, another major application, use n-Butanol as a precursor for phthalate and non-phthalate esters that impart flexibility to PVC and other plastics. Glycol ethers and general-purpose solvents also rely on n-Butanol, particularly in cleaning agents and industrial formulations. The product's versatility and chemical compatibility make it a staple across multiple segments.

End-use Sector Performance

In terms of end-use industries, the chemical sector leads the market due to the extensive use of n-Butanol as a feedstock in intermediate production. The plastics and polymers industry also exhibits strong demand, driven by the need for plasticizers and resin modifiers in flexible packaging, construction materials, and consumer goods. Other industries such as paints and coatings, adhesives, and textiles further bolster market consumption. These sectors benefit from n-Butanol's solvent properties and compatibility with a wide range of raw materials, allowing for diverse application in surface coatings, printing inks, and cleaning solutions.

Regional Demand Analysis

Asia-Pacific holds the dominant share in the global n-Butanol market, led by countries such as China, India, Japan, and South Korea. Rapid industrialization, strong infrastructure investments, and the presence of key chemical manufacturing hubs in this region are major growth drivers. North America and Europe maintain steady demand, supported by mature industries and high regulatory compliance in the coatings, automotive, and plastics sectors. The Middle East and Latin America are emerging markets, driven by construction activity, growing manufacturing capacity, and increased demand for paints, adhesives, and flexible plastics.

Key Manufacturers

BASF, Dow, OXEA, Sasol, PetroChina, LG Chem, Grupa Azoty, Evonik, Eastman Chemical Company, Mitsubishi Chemical Corporation, Sinopec, and KH Neochem are some of the key producer of n-butanol.

Market Dynamics

The n-Butanol market is influenced by factors such as demand fluctuations in downstream derivatives, changes in raw material pricing, environmental regulations, and technological advancements. The market benefits from stable demand in core applications like coatings, adhesives, and plasticizers, all of which are closely tied to construction, automotive, and industrial manufacturing. Technological improvements in production processes and the rising adoption of bio-based alternatives offer long-term opportunities.

1. Introduction

Scope
Market Coverage
- Applications
- Regions
- Countries
Years Considered
- Historical - 2018 - 2023
- Base - 2024
- Forecast Period - 2025 - 2034
Research Methodology
- Approach
- Research Methodology
- Prismane Consulting Market Models
- Assumptions & Limitations
- Abbreviations & Definitions
- Conversion Factors
- Data Sources

2. Market Synopsis

Market Evolution
Demand-Supply Overview
Industry Structure
Strategic Issues
End-use Trends
Growth Forecast

3. Economic & Energy Outlook

GDP and Demographics
Monetary & Fiscal Policies
Crude Oil Production and prices
Natural Gas
Electricity Prices

4. End-use Sector Performance

Chemical
Plastics & Polymers
Others

5. Capacity (Plants & Projects) Analysis

Capacity, by Company
Capacity, by Country and by region
Capacity Overview, By Region and Country

6. Introduction to N-Butanol and Market Overview

Product Description
Grades & Properties
Raw Material
Manufacturing Process
Environmental Issues
Value Chain
Applications

7. Market Dynamics and Industry Trends

Market Dynamics
- Drivers
- Restraints
- Opportunities
- Challenges

8. Global N-Butanol Demand-Supply Analysis, By Applications (Volume, Value) (2018-2034)

Strategic Issues
Demand-Supply Analysis and Forecast (2018- 2034)
- Capacity
- Capacity Utilization (%)
- Production
- Imports
- Exports
- Net Trade
- Demand
- Demand Growth Rate (%)
- Driving Force Analysis
- Global N-Butanol Market, By Applications
Butyl Acrylate
Butyl Acetate
Plasticizers
Glycol Ether
Solvent
Others

9. Demand-Supply Analysis and Market Review, By Region, By Country (Volume, Value), (2018- 2034)

Strategic Issues
Capacity
Capacity Utilization (%)
Production
Imports
Exports
Net Exports
Demand
Demand Growth Rate (%)
N-Butanol Market, By Applications

Note: Demand-Supply Analysis has been provided for all major Regions / Countries as mentioned below. The demand (consumption) split by applications has been provided for each of the countries/regions in Volume (Kilo tons) and Value (USD Million).

North America
USA
Canada
Mexico
Western Europe
Germany
France
Italy
United Kingdom
Spain
Rest of Western Europe
Central & Eastern Europe
Russia
Poland
Rest of Central & Eastern Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
Central & South America
Middle East & Africa

Note: CAGR will be calculated for all applications to arrive at the regional / global Demand-Supply growth for the forecast period (2025 - 2034)

10. Pricing Analysis

Average N-Butanol Prices, USD/Kg
Average prices, by region
Price Forecast

11. Key Strategic Issues

12. Business Opportunity Assessment

Market Attractiveness Assessment
Prospective & Target Market Study

13. Strategic Recommendation & Suggestions

14. Company Analysis

N-Butanol Manufacturers Profiles/ Company Analysis
- Basic Details
- Headquarter, Key Markets
- Ownership
- Company Financial
- Manufacturing Bases
- Global Turnover
- Total Employee
- Product Portfolio / Services / Solutions
- Key Business Strategies adopted and Prismane Consulting Overview
- Recent Developments
- Companies Covered -
BASF
OXEA
Sasol
PetroChina
LG Chem
Grupa Azoty
Evonik
Eastman Chemical Company
Mitsubishi Chemical Corporation
Sinopec
KH Neochem
Other Manufacturers

Note: This section includes company information, company financials, manufacturing bases and operating regions. Company financials have been mentioned only for those companies where financials were available in SEC Filings, annual reports, or company websites. All the reported financials in this report are in U.S. Dollars. Financials reported in other currencies have been converted using average currency conversion rates. Company profiles may include manufacturers, suppliers, and distributors.

15. Appendices

Demand-Supply - Regions
Demand-Supply - Countries
Capacities, 2018-2034