News

N-butanol forms an important feedstock for manufacturing chemicals such as butyl acrylate, glycol ethers, butyl acetate and plasticizers.

N-butanol forms an important feedstock for manufacturing chemicals such as butyl acrylate, glycol ethers, butyl acetate and plasticizers.

N-butanol forms an important feedstock for manufacturing chemicals such as butyl acrylate, glycol ethers, butyl acetate and plasticizers.

The primary driver for Global Isobutanol Market is the usage of isobutanol in cleaner and paint owing to stringent regulation to the production which enhances the growth of the market as there is a high of these products all over the world.

Solvent manufacturing consumed 32.9% of the total worldwide demand for acetone in 2020. Acetone products are used to clean chemical stains and there is a growing preference for manufacturing different solvents industrial.

The market for 2-ethylhexanol is expected to grow at a CAGR of less than 5% during the forecast period. Major factors driving the market studied are rising demand for plasticizers from, stringent regulations on industrial emissions.

With a rise in the petrochemical industry, and the rising demand for isobutanol in oil & gas and chemical industries is anticipated to enhance the growth of the Isobutanol market over the forecast period.

The market is expected to grow by US$ 1.62 billion during 2022-2026, with the average annual growth rate slowing by 5.36% during the forecast period.

The size of Acetone Market Size were valued at USD 4,685.7 Million in 2021 and is expected to grow at a CAGR of 6.8% during the forecast period of 2021 – 2026. The demand for acetone is largely driven by the growth of end-use industries, such as personal care, textiles, electronics, cleaning, pharmaceuticals, and petroleum.

The major driving factor for 2-ethylhexanol market is the growing demand for the production of phthalate and non-phthalate plasticizers that have important industrial applications. Another important driver for this market is the presence of stringent emission norms that are pushing the demand for high-performance fuels, and further fueling the 2-EH nitrate production.