Isobutanol Market by Application and Geography - Forecast and Analysis 2022-2026

  • Published: Nov 2021
  • Pages: 120
  • SKU: IRTNTR71597
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The isobutanol market share is expected to increase by USD 327.91 million from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 5.20%.

This isobutanol market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers isobutanol market segmentation by application (solvent, intermediate for glycol ethers and esters, textiles, and others) and geography (APAC, Europe, North America, MEA, and South America). The isobutanol market report also offers information on several market vendors, including BASF SE, Dow Inc., Eastman Chemical Co., Formosa Plastics Corp., Gevo Inc., INEOS Group Holdings SA, Mitsubishi Chemical Corp., OQ SAOC, Perstorp Holding AB, and Sasol Ltd. among others.

What will the Isobutanol Market Size be During the Forecast Period?

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Isobutanol Market: Key Drivers and Trends

The increasing demand for coatings in the automotive sector is notably driving the isobutanol market growth, although factors such as harmful effects on environment and human health may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the isobutanol industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Isobutanol Market Driver

One of the key factors driving growth in the isobutanol market is the increasing demand for coatings in the automotive sector. Growth in the automotive and transport industries, along with the increasing number of automotive suppliers, will have a significant influence on the global isobutanol market. Coatings are used extensively used in the automotive and transportation sectors to enhance performance. Some automotive manufacturers are focusing on expanding their presence. Such expansions are expected to fuel the demand for coating solutions in the automotive industry. This, in turn, will foster the growth of the market in focus during the forecast period.

Key Isobutanol Market Challenge

The harmful effects on the environment and human health will be a major challenge for the isobutanol market during the forecast period. Stringent regulations by the US Environmental Protection Agency (EPA) and Registration, Evaluation, Authorization, and Restriction of Chemicals (REACH) on the volatile organic compound (VOC) content of specialty chemicals, such as specialty paints and coatings, adhesives, and sealants, are a significant challenge to the growth of the global chemicals market. Global vendors of chemicals should comply with standards to meet VOC requirements. The stringent regulations and policies on the use of adhesives are likely to hamper the growth of the global isobutanol market during the forecast period.  

This isobutanol market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Isobutanol Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • BASF SE
  • Dow Inc.
  • Eastman Chemical Co.
  • Formosa Plastics Corp.
  • Gevo Inc.
  • INEOS Group Holdings SA
  • Mitsubishi Chemical Corp.
  • OQ SAOC
  • Perstorp Holding AB
  • Sasol Ltd.

 

This statistical study of the isobutanol market encompasses successful business strategies deployed by the key vendors. The isobutanol market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The isobutanol market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Isobutanol Market?

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38% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for isobutanol in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The rapid industrialization and the increasing demand for chemical intermediates will facilitate the isobutanol market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Isobutanol Market?

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The isobutanol market share growth by the solvent segment will be significant during the forecast period. The increasing demand for architectural coatings, protective coatings, automotive coatings, industrial coatings, oil coatings, coatings for packaging, wood coatings, and powder coatings is expected to drive the demand for isobutanol. There is a high demand for industrial coatings in APAC due to the rapid industrialization in the region, which is expected to drive the growth of the regional market. Rising demand from construction applications in emerging economies has increased the demand for decorative coatings. This growing demand for different coatings will drive the growth of this segment of the market.

This report provides an accurate prediction of the contribution of all the segments to the growth of the isobutanol market size and actionable market insights on post COVID-19 impact on each segment.

 

Isobutanol Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.20%

Market growth 2022-2026

$ 327.91 million

Market structure

Concentrated

YoY growth (%)

4.40

Regional analysis

APAC, Europe, North America, MEA, and South America

Performing market contribution

APAC at 38%

Key consumer countries

US, China, Germany, India, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

BASF SE, Dow Inc., Eastman Chemical Co., Formosa Plastics Corp., Gevo Inc., INEOS Group Holdings SA, Mitsubishi Chemical Corp., OQ SAOC, Perstorp Holding AB, and Sasol Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Data Covered in this Isobutanol Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive isobutanol market growth during the next five years
  • Precise estimation of the isobutanol market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the isobutanol industry across APAC, Europe, North America, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of isobutanol market vendors

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Executive Summary

  • Market Overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2021
  • Market outlook: Forecast for 2021 - 2026

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Application

  • Market segments
  • Comparison by Application
  • Solvent - Market size and forecast 2021-2026
  • Intermediate for glycol ethers and esters - Market size and forecast 2021-2026
  • Textiles - Market size and forecast 2021-2026
  • Others - Market size and forecast 2021-2026
  • Market opportunity by Application

Customer landscape

  • Overview

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2021-2026
  • Europe - Market size and forecast 2021-2026
  • North America - Market size and forecast 2021-2026
  • MEA - Market size and forecast 2021-2026
  • South America - Market size and forecast 2021-2026
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BASF SE
  • Dow Inc.
  • Eastman Chemical Co.
  • Formosa Plastics Corp.
  • Gevo Inc.
  • INEOS Group Holdings SA
  • Mitsubishi Chemical Corp.
  • OQ SAOC
  • Perstorp Holding AB
  • Sasol Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The isobutanol market growth will increase by $327.91 million during 2021-2026.
The isobutanol market is expected to grow at a CAGR of 5.20% during 2021-2026.
Technavio has segmented the isobutanol market by application (Solvent, Intermediate for glycol ethers and esters, Textiles, and Others) and geographic (APAC, Europe, North America, MEA, and South America).
BASF SE, Dow Inc., Eastman Chemical Co., Formosa Plastics Corp., Gevo Inc., INEOS Group Holdings SA, Mitsubishi Chemical Corp., OQ SAOC, Perstorp Holding AB, Sasol Ltd. are a few of the key vendors in the isobutanol market.
APAC will register the highest growth rate of 37.90% among the other regions. Therefore, the isobutanol market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
  • US
  • China
  • Germany
  • India
  • Canada
The key factors driving the isobutanol market growth are:
  • Increasing demand for coatings in automotive sector
The isobutanol market vendors should focus on grabbing business opportunities from the solvent segment as it accounted for the largest market share in the base year.
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