Report ID : 1361678 | Published : May 2025 | Study Period : 2023-2033 | Format : PDF + Excel
The market size of the Sec-Butanol (CAS 78-92-2) Market is categorized based on Application (Solvent, Chemical Intermediate, Fuel Additive, Paints and Coatings, Pharmaceuticals) and End-Use Industry (Chemical Industry, Automotive, Building and Construction, Consumer Goods, Pharmaceuticals) and Formulation (Aqueous Formulation, Non-Aqueous Formulation, Emulsion-Based Formulation, Solid Formulation, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).
With a valuation of USD 1.2 billion in 2023, the Sec-Butanol (CAS 78-92-2) Market is expected to reach USD 2.0 billion by 2033, growing at a CAGR of 5.5% from 2024 onwards. The report encompasses various segments and analyzes the trends and factors significantly impacting the market.
Unie butanolo is a clear liquid, also identified by its chemical structure 2 butanol under the CAS registration number 78-92-2. This compound has a variety of uses in the industry, most often as an intermediate or solvent in the synthesis of a number of chemicals. Sec-Butanol markets has also grown rapidly due to the increasing needs in the sectors of paints and coatings, pharma and cosmetics. But as industries grow and diversify, the attractive characteristics of sec butanol as a chemical solvent and its application in product formulation ensures its continued global dominance.
Among the factors promoting the growth of the sec-butanol market is the increase in the production activities as well as the growing chemical industry. In addition, the trend toward greener and more sustainable solutions has led the manufacturers to seek substitutes that would not only satisfy the regulatory requirements but would also improve the performance of the products. So with companies adjusting to these changes, new possibilities are to arise due to the increasing necessity of high purity sec butanol which would benefit the market players and the stakeholders. Considering its vast usage and supportive market structure, it is likely that the sec butanol market will continue increasing in the next years to come.
ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2023-2033 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2033 |
HISTORICAL PERIOD | 2023-2024 |
UNIT | VALUE (USD BILLION) |
KEY COMPANIES PROFILED | BASF SE, Eastman Chemical Company, SABIC, Royal Dutch Shell plc, Mitsubishi Chemical Corporation, LyondellBasell Industries N.V., Yancheng Hongtai Chemical Co. Ltd., Oxea GmbH, Perstorp Holding AB, Kraton Corporation, INEOS Group |
SEGMENTS COVERED |
By Application - Solvent, Chemical Intermediate, Fuel Additive, Paints and Coatings, Pharmaceuticals By End-Use Industry - Chemical Industry, Automotive, Building and Construction, Consumer Goods, Pharmaceuticals By Formulation - Aqueous Formulation, Non-Aqueous Formulation, Emulsion-Based Formulation, Solid Formulation, Others By Geography - North America, Europe, APAC, Middle East Asia & Rest of World. |
The Sec-Butanol (CAS 78-92-2) Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.
This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.
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