"An international Isobutanol Market report comprises of crucial aspects of the market that contains industry research, market sizing forecast, competitive intelligence, market entry strategy, pricing trends, sustainability trends, customer insights, technology evolution, innovation trends, and distribution channel assessment. To prosper in this competitive market place, businesses are highly benefited if they adopt innovative solutions such as this market research report. Clients get clear understanding of the market place with a nice combination of best industry insight, practical solutions, talent solutions and latest technology while using Isobutanol Marketing report for the business growth.
Furthermore, Isobutanol Market analysis report provides a watchful investigation of the current state of the market which covers several market dynamics. Major aspects of this study include primary research, benchmarking studies, secondary research, company profiles, competitive intelligence reporting, syndicated research, data collection, data processing and analysis, survey design, and survey programming. All the stats, data, facts and figures collected to structure this market report are obtained from the trustworthy sources such as websites, journals, merges, newspapers and other authentic sources. The worldwide Isobutanol Market report brings the precise and exact market research information that drives business into the right direction.
Data Bridge Market Research analyses that the isobutanol market which was USD 1.48 billion in 2022, would rocket up to USD 2.37 billion by 2030, and is expected to undergo a CAGR of 6.04% during the forecast period.
Explore Further Details about This Research Isobutanol Market Report https://www.databridgemarketresearch.com/reports/global-isobutanol-market
Isobutanol Market Scope and Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2015-2020) |
Quantitative Units | Revenue in USD Billion, Volumes in Units, Pricing in USD |
Segments Covered | Product Type (Synthetic Isobutanol, Bio-Based Isobutanol) End-User Industry (Paints Coatings, Oil Gas, Pharmaceuticals, Chemicals, Textiles), Buildings and Construction, Others), Application (Intermediate, Solvent, Solubilizer, Extracting Agent, Additive, Others) |
Countries Covered | U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America. |
Market Players Covered | LyondellBasell Industries Holdings B.V. (U.K), TPC Group (U.S.), Honeywell International Inc (U.S.), SONGWON ( South Korea), LanzaTech (U.S.), Praxair Technology, Inc. (U.S.), Exxon Mobil Corporation (U.S), BASF SE (Germany), Evonik Industries AG ( Germany), YEOCHUN NCC CO., LTD (South Korea), Halliburton Energy Services, Inc (U.S.), SLB (U.S.), CLARIANT (Switzerland), Dorf Ketal Chemicals (I) Pvt. Ltd (India), The Lubrizol Corporation ( U.S.), Infineum International Limited (U.K.), Global Bioenergies ( France), Vinati Organics Limited( India) |
Market Opportunities |
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Market Definition
Isobutanol is classified as synthetic and bio-based isobutanol. The synthetic is created from the carboxylation of propylene and is used in renewable jet fuel that produces cleaner burning and low carbon footprints. Whereas, bio-based isobutanol is eco-friendly and is low in cost. Isobutanol is used as a plasticizer agent in rubbers and plastic, and it is also used in the synthesis of plastic, chemicals, and the manufacturing of paper and textiles. The copolymer of Isobutanol is used in applications such as aqueous dispersion for fabrics, and dispersion for paint, ink, varnishes, and glues.
Global Isobutanol Market Dynamics
Drivers
- Use of bio-fuel as isobutanol
The trend of using green fuel additives and an industrial chemical known as bio-based isobutanol which is produced by using a specific enzyme to change the naturally occurring glucose in plants. Isobutanol is added to petroleum fuel products to stop knocking. This isobutanol-based fuel could substitute the gasoline market, which is depleting the environment. Isobutanol bio-based fuel is environmentally friendly, which will drive the isobutanol market growth.
- Increasing construction activities
Isobutanol is one of the key components of coatings and solvents utilized in the building and construction industry. Building and construction activities are growing at a high rate over the world, due to the increasing population. The demand for isobutanol has increased due to the high investment in building and construction activities, which drives the market of isobutanol
.Opportunities
- Growth of the aerospace industry
Isobutanol is more flexible than hydrogen and is ideal for use as a gasoline additive and jet fuel, Isobutanol reacts as a renewable fuel, and non-isobutanol fuels are high in cost and responsible for high rates of pollution in the world. International Air Transport Association says that the air transport fleet is growing in the maximum number of aircraft which creates an opportunity for the isobutanol market to grow
- Use in cosmetic product
Temperatures have risen drastically in the past few years. Almost eight out of twelve months copy the warmest temperatures. Chlorofluorocarbons (CFCs) are considered one of the major givers of global warming. CFCs are also used in cosmetic and personal care products, use of CFCs is restricted by the government of many countries, so Isobutanol is a substitute the CFCs as raw material in cosmetics and personal care products, which is creating an opportunity for the isobutanol market to grow
Answers That the Report Acknowledges:
- Market size and growth rate during forecast period
- Key factors driving the Isobutanol Market
- Key market trends cracking up the growth of the Isobutanol Market.
- Challenges to market growth
- Key vendors of Isobutanol Market
- Opportunities and threats faces by the existing vendors in Global Isobutanol Market
- Trending factors influencing the market in the geographical regions
- Strategic initiatives focusing the leading vendors
- PEST analysis of the market in the five major regions
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Isobutanol Market research report.
- Interaction with research scientists and development heads to understand the nature of the Isobutanol Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Isobutanol Market size
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