Dublin, Jan. 23, 2025 (GLOBE NEWSWIRE) — The “Isobutanol – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Isobutanol was estimated at US$850.4 Million in 2023 and is projected to reach US$1.1 Billion by 2030, growing at a CAGR of 3.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the isobutanol market is driven by several factors, including the rising demand for eco-friendly fuel additives, tightening environmental regulations, and advancements in bio-based production technology. As industries seek sustainable alternatives, isobutanol’s low VOC emissions and compatibility with biofuel standards make it increasingly attractive.
Regulatory efforts to reduce carbon emissions and support bio-based chemicals are also driving interest in isobutanol for both fuel and industrial applications. Furthermore, innovations in bio-based production techniques are making it possible to produce isobutanol sustainably, strengthening its market position as a valuable chemical for diverse applications.
Why Is Isobutanol Gaining Traction in Various Industries?
Isobutanol, a versatile four-carbon alcohol, is becoming increasingly popular across multiple industries due to its varied applications, particularly as a solvent, fuel additive, and chemical intermediate. Its low volatility and favorable properties, such as high solubility and compatibility with hydrocarbons, make it a valuable component in producing coatings, paints, and inks.
Additionally, as environmental regulations tighten around carbon emissions, isobutanol is being explored as an alternative fuel additive due to its higher energy content and reduced carbon footprint compared to traditional gasoline. With its broad range of applications, isobutanol is emerging as a key player in industries from automotive to personal care.
How Are Environmental Regulations Driving Isobutanol Demand?
Environmental regulations aimed at reducing volatile organic compound (VOC) emissions and promoting cleaner fuel sources are directly impacting the isobutanol market. Isobutanol’s lower VOC content and ability to blend efficiently with gasoline make it a preferred alternative to traditional fuel additives, reducing the overall environmental impact of fuels.
Additionally, as governments worldwide incentivize bio-based chemicals, bio-isobutanol, produced from renewable sources like corn or sugarcane, is gaining traction as a sustainable alternative to petroleum-based chemicals. These regulatory shifts are propelling the demand for isobutanol in fuel and chemical applications alike.
How Are Innovations in Bio-Based Production Shaping the Market?
Advancements in biotechnology have enabled the sustainable production of bio-based isobutanol, appealing to eco-conscious industries and consumers. Through innovative fermentation techniques and genetically engineered microbes, companies can produce isobutanol from renewable resources.
This shift toward bio-based production not only reduces dependence on fossil fuels but also offers an environmentally friendly option for industrial applications. As these production methods become more efficient and cost-effective, bio-isobutanol is expected to capture a larger market share, supporting the chemical industry’s move toward greener practices.
Scope of the Study
The report analyzes the Isobutanol market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Synthetic Isobutanol segment, which is expected to reach US$719.3 Million by 2030 with a CAGR of a 3.7%. The Bio-based Isobutanol segment is also set to grow at 4.4% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $222.0 Million in 2023, and China, forecasted to grow at an impressive 6.8% CAGR to reach $253.3 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Isobutanol Market such as BASF SE, Dow, Inc., DuPont de Nemours, Inc., Eastman Chemical Company, Gevo, Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Key Attributes:
Report Attribute | Details |
No. of Pages | 193 |
Forecast Period | 2023 – 2030 |
Estimated Market Value (USD) in 2023 | $850.4 Million |
Forecasted Market Value (USD) by 2030 | $1100 Million |
Compound Annual Growth Rate | 3.9% |
Regions Covered | Global |
Key Topics Covered:
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
- Isobutanol – Global Key Competitors Percentage Market Share in 2024 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
MARKET TRENDS & DRIVERS
- Rising Demand for Bio-based Isobutanol as a Renewable Fuel Alternative
- Increased Usage of Isobutanol in Solvent Applications Across Industries
- Expansion of Isobutanol in Personal Care and Cosmetic Products
- Growth in Use as a Chemical Intermediate in Pharmaceutical Production
- Enhanced Focus on Eco-friendly Solvents for Industrial Cleaning
- Rise in Isobutanol Usage in Coatings and Paints for Improved Durability
- Increased Adoption in Flavor and Fragrance Formulations
- Growth in Demand for Isobutanol in Biofuel Blending Applications
- Expansion of Renewable Isobutanol Production Facilities
- Enhanced Focus on Cost-effective and Sustainable Production Methods
- Increased Investment in R&D for High-purity Isobutanol Production
- Growing Demand from Chemical Industry for Versatile Solvent Options
FOCUS ON SELECT PLAYERS:Some of the 43 companies featured in this report
- BASF SE
- Dow, Inc.
- DuPont de Nemours, Inc.
- Eastman Chemical Company
- Gevo, Inc.
- Grupa Azoty S.A.
- Mitsubishi Chemical Corporation
- Oxea GmbH
- The Andhra Petrochemicals Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/4o6kbv
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