The Report “The North American N-Butanol market – Forecast to 2019” is expected to grow significantly in the coming years due to growing demand of Butyl acrylate and Glycol ether , to reach a value of $2446.8 million by 2019, estimated to grow at a CAGR of 5.4% from 2014 to 2019.
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N-Butanol is a colorless, neutral liquid of medium volatility with a characteristic banana-like odor. It has restricted miscibility (about 7-8%) in water, but is freely miscible with all common solvents such as glycols, ketones, alcohol, aldehydes, ethers, and aromatic and aliphatic hydrocarbons.
N-Butanol is manufactured with the combination of Biomass, propylene, and syn gas. . N-butanol occurs naturally as minor product of fermentation of sugars and carbohydrates. It is found in various food & beverages, it is also permitted as artificial flavoring agent used. It is also used in wide range of consumer products. The largest use of n- butanol is in industrial intermediate, specifically for the manufacture of butyl acetate, butyl acrylate, dibutyl phthalate, dibutyl sebacate and other butyl easters and ethers. Other industrial uses include the manufacture of pharmaceuticals, polymers, pyroxylin plastics herbicide easters and printing.
The North American N-butanol market is projected to reach a volume of KT 953.1 million by 2019, at a CAGR less than 3 % from 2014 to 2019, as the North American n-butanol market is technologically advanced and hold high potential in the n-butanol market in the region due to increase in the end use application. The factors that are enhancing the growth of this market are the rise in demand for the butyl acrylate and glycol ether, butyl acrylate is majorly use for paints, dispersion of paints, coatings, adhesives inks etc. At the same time glycol ether is heavily used in the production of consumer paints, cans & wood coatings, anti-corrosion coatings and in improving the wetting property of the water based products.
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