N-butanol forms an important feedstock for manufacturing chemicals such as butyl acrylate, glycol ethers, butyl acetate and plasticizers. It serves an important element in making direct solvent for varnishes, paints, coatings, resins, camphor, dyes, fats vegetable oils, waxes, shellac, rubbers, and alkaloids and among various industrial applications.
N-butanol market is generally stable and operating. The overall trading atmosphere on the market is light, and the news is relatively calm. The n-butanol data analyst of the Business Society predicts that in the short term, n-butanol market will mainly adjust and operate in multiple ranges.
The global N-Butanol market size was valued at USD 3377.3 million in 2022 and is expected to expand at a CAGR of 5.14% during the forecast period, reaching USD 4561.39 million by 2028.