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

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.

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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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