The North American N-Butanol market is estimated to grow at a CAGR of more than 5 % from 2014 to 2019. The rising demand for butyl acrylate and glycol ether, the increasing awareness of bio-fuels and low prices of shale gas are among the key factors driving the market growth. The Butyl acrylate segment held the largest market share of around 46 %, by volume in 2014 and expected to reach near by 45 % in the end of the year 2019. The direct solvent segment is projected to grow at a faster CAGR of more than 8 % during the forecast period, 2014 to 2019.
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The applications which use n-butanol includes Chemical intermediate or raw material – for producing many other chemicals and plastics, including safety glass, hydraulic fluids and detergent formulations; Coatings – as a solvent for a variety of applications; Solvents – for paints, coatings, varnishes, resins, gums, dyes etc; Plasticizers – to improve how a plastic material processes; Textiles – as a swelling agent and manufacturing garments from coated fabric; Flotation agents; Floor polishes; Cosmetics; Drugs and antibiotics, hormones, and vitamins; and Gasoline & brake fluid.
The key players in the North America N-Butanol market include
- The Dow Chemicals Company (U.S.),
- BASF SE (Germany),
- Eastman Chemical Company (U.S.),
- OXEA Corporation (S.A.), and
- Sasol Ltd.
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An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the major players in the North American N-Butanol market has been covered in this report. The major companies in this market include The Dow Chemicals (U.S.), BASF SE (Germany), Eastman Chemical Company (U.S.), OXEA Ltd, Sasol Ltd and Others.
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