The Report “European N-Butanol market -Forecast to 2019’’, is expected to reach $1,564.7 million by 2019, at a CAGR of 4.9% from 2014 to 2019.
Browse through the TOC of “The European N-Butanol market”, to get an idea of the in-depth analysis provided.
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N-Butanol is a colorless, neutral liquid of medium volatilit with a characteristic banana-like odor. It has restricted miscibility (about 7-8%) in water, but is freely miscible with all common solvents, such as glycols, ketones, alcohol, aldehydes, ethers, and aromatic and aliphatic hydrocarbons.
N-Butanol is manufactured with the combination of biomass, propylene, and syn gas. It occurs naturally as product of fermentation of sugar and carbohydrate. It is found in various food & beverages. It is also used as an artificial flavoring agent. It is also used in wide range of consumer products. The largest use of n-butanol is in industrial intermediate, specifically for the manufacture of butyl acetate, butyl acrylate, dibutyl phthalate, dibutyl sebacate and other butyl easters and ethers. Other industrial uses include the manufacture of pharmaceuticals, polymers, pyroxylin plastics herbicide easters, and printing.
The European N-butanol market is projected to reach 846.5 KT by 2019, at a CAGR of more than 2% from 2014 to 2019. The factors that are fuelling the growth of this market are the rise in demand for the butyl acrylate and glycol ether. Butyl acrylate is majorly used for paints, dispersion of paints, coatings, adhesives inks and others. Glycol ether is heavily used in the production of consumer paints, cans & wood coatings, anti-corrosion coatings, and in improving the wetting property of the water based products.
The major participants operating in the European N-Butanol market are BASF SE (Germany), OXEA Ltd, Oxochimie, Perstrop Oxo AB, and Grupa Azoty.
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