N-butanol or n-butyl alcohol is a primary alcohol, having four-carbon structures. Its chemical formula is C4H9OH. N-butanol is increasingly used as a bio-fuel in the automotive industry.
N-butanol is largely soluble in water; therefore, it is primarily used as a solvent for many formulated products such as paints, inks, adhesives, camphor, dyes, and cosmetics. N-butanol is extensively used to produce butyl acetate, an artificial flavoring and industrial solvent.
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N-butanol Market: Overview
Based on application, the N-butanol market can be segmented into glycol ethers, urea-formaldehyde, additives, direct solvents, butyl acetate, butyl acrylate, bio-fuel, swelling agent plasticizers, melamine formaldehyde, and others.
In terms of end-user industries, the N-butanol market can be classified into paints and coatings, agriculture, textile, chemical, petroleum, derivative production, food & beverage, and others. Chemical and food & beverage industries are major consumers of N butanol.
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N-butanol Market: Trends and Developments
Raw material use for production of primary N-butanol is syngas and propylene. Propylene is mainly comes from the petroleum industry, and fossil fuel derived chemicals like propylene have frequent price changes as per market and international conditions. This condition is also applicable to syngas, it’s a hydrocarbon base having high prices. Price fluctuations inhibit the global N-butanol market.
Increase in use of N-butanol to produce butyl acrylate, automotive coatings, adhesives, and marine coatings is expected to propel the market during the forecast period. N-butanol is also used as a solvent to manufacture urea-formaldehyde and melamine formaldehyde resins. This, in turn, is anticipated to boost the N butanol market.
Decrease in usage of DOP (2-ethylhexyl) (phthalate) and volatility in prices restrains the N-butanol market in North America and Europe. Strict regulations regarding the usage of N-butanol due to its harmful effects on human health, in developed countries adversely affects the N-butanol market. For small capacity plants, N-butanol is not suitable for production due to changes in raw material price.
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