N-butanol market projected to reach $8.77 billion by 2031
Updated
Updated · PR Newswire · May 1
N-butanol market projected to reach $8.77 billion by 2031
8 articles · Updated · PR Newswire · May 1
MarketsandMarkets said the market would rise from $6.79 billion in 2026 at a 5.2% compound annual growth rate, with Asia Pacific the largest and fastest-growing region.
Demand is being driven by paints and coatings, adhesives, construction, automotive and pharmaceuticals, while industrial grade remains the largest segment and specialty chemicals the fastest-growing application.
The report said urbanisation, infrastructure spending, low-VOC product trends and capacity expansions by major chemical producers including BASF, Dow and Mitsubishi Chemical are supporting growth.
As Asia Pacific dominates n-butanol growth, what risks could disrupt its lead—like raw material shortages or regulatory changes—and how are companies preparing?
With demand for n-butanol soaring and sustainability pressures rising, can bio-based alternatives really compete with petrochemical production in cost and scale?