Butanol is a four-carbon alcohol that occurs in five isomeric structures. Tert butanol, also known as tert-butyl alcohol or t-butanol, is the simplest tertiary alcohol. Tert butanol alcohol is a colorless solid that melts easily at room temperatures and has camphor-like odor. It is derived commercially from isobutene as a coproduct in the production process of propylene oxide. Tert butanol can also be generated by the catalytic hydration of isobutylene or by the Grignard reaction between methylmagnesium chloride and acetone.
The application of tert butanol as a freeze-drying agent in the biomedical industry because of its low toxicity, high vapor pressure and low melting point, drives the growth of the tert butanol market. The booming construction industry that makes use of tert butanol as the most sought-after solvent used in paints and coatings is also responsible for driving the growth of the market. However, strict rules and regulations of the government regarding the emissions of solvents restricts the growth of the tert butanol market. The use of tert butanol as a flavoring agent and enhancement in the production of tert butanol as a co-solvent is anticipated to bode well the growth of tert butanol market in the years to come.
The "Global Tert Butanol Market Analysis to 2027" is a specialized and in-depth study of the chemical and material industry with a special focus on the global market trend analysis. The report aims to provide an overview of the tert butanol market with detailed market segmentation by type, application and geography. The global tert butanol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading tert butanol market players and offers key trends and opportunities in the market.
The global tert butanol market is segmented on the basis of type, application and geography. On the basis of type the market is divided into pharmaceutical grade and chemical grade. In terms of application the market is bifurcated into paints & coatings, flavors & fragrance, pharmaceuticals and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The tert butanol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the tert butanol market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the tert butanol market in these regions.
The reports cover key developments in the tert butanol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from tert butanol market are anticipated to lucrative growth opportunities in the future with the rising demand for tert butanol market in the global market. Below mentioned is the list of few companies engaged in the tert butanol market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the tert butanol market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alfa Aesar
- Capot Chemical Co., Ltd.
- Evonik Industries AG
- Finar Limited
- Kuraray Co., Ltd.
- Lotte Chemical Titan Corporation
- Sisco Research Laboratories Pvt. Ltd.
- Tiande Chemical Holdings Limited
- Tokyo Chemical Industry Co., Ltd.
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.