In U.S., maximum expansions and agreements are held to enhance the market regarding N-Butanol and its uses. In December 2012, The Dow Chemical Company, signed a purchase agreement with Tianjin Soda LP Oxo Plant with the objective to expand its market reach. In addition to this, in October 2012, The Dow Chemical has also signed an agreement with Saudi Aramco regarding the sale of future production from its joint venture Sadara Chemicals. This is done in order to Strategic channelization of production to design the future planning. In terms of technology penetration The Dow chemical has signed an agreement with Davy Process Technology Limited (U.K.) and Shaanxi Yanchang Petroleum Group (China).
Download PDF Brochure@ http://www.micromarketmonitor.com/contact/1314983271-download_pdf_brochure.html
In addition to this, the increasing use of bio-fuels is one of the major key drivers in North America. Secondly, the accelerating demand Butyl acrylate and Glycol ether in the North American region due to the end use applications such as paints, dispersion of paints, water-based industrial paints, coatings, adhesives, inks etc. The declining prices of shale gas price in the North America have enabled the producers to take advantage of low prices of feedstock for the production of n-butanol, and develop a strong export market.
Inquiry Before Buying @ http://www.micromarketmonitor.com/contact/1314983271-inquery_before_buy.html
U.S. holds the largest share of the North American N-Butanol market. The largest share is the consequence of maximum agreements & collaborations, and expansions happened due to the presence of the key players in the country. At the same time, drivers such as increasing demand of butyl acrylate and glycol ether, awareness about bio-fuels and its advantage and high price of shale gas has enabled the considerable growth in the region.
In-depth profiling of the key players have been conducted, along with the recent developments (including new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the North American N-Butanol market.
The Dow Chemical Company (U.S.), BASF SE (Germany), Eastman Chemical Company (U.S.), OXEA Corporation (U.S.) and Sasol Ltd.
