Tert-Butanol Market – Driving Transformation 2027 – Travel Adventure Cinema


Transparency Market Research recently published a new research report on the global tert-butanol market. According to the research report, the global market is expected to reach a valuation of US$650 million by the end of 2027. Initially, the market was valued at US$470 million in 2018. This huge growth in the global market is expected to be achieved using a stable CAGR of 4% for the given evaluation period.

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Several factors are helping to drive the growth of the global tert-butanol market. One of the major market growth drivers has been the growing demand for industrial solvents as well as co-solvents from the paints and coatings industry. In addition to this is the increasing use of tert-butanol in other important end-use industries such as inks, coatings, adhesives, and paints, among others. Moreover, it also finds application in alkaloids, rubbers, shellac, resins, waxes, dyes, vegetable oils, camphor, dyes, gums and varnishes, among others. Such a wide range of applications is also another key factor that is helping to drive the growth of the global tert-butanol market.

Growing use of tert-butanol as a denaturing agent emerges as a key market driver

Another key trend emerging in the global tert-butanol market is its increasing use in various industries such as chemicals, cosmetics, toiletries, perfumes, and food processing, among others. In recent years, there has been an increasing demand for air fresheners and air fresheners across the world. This, coupled with an increasing demand for a wide range of fragrances ranging from traditional fragrances to international luxury fragrances, is also helping to drive the growth of the global tert-butanol market.

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Tert-Butanol is mainly used as a denaturant in the process of denaturing ethyl alcohol. It has outstanding solvation characteristics and also has higher oxidation stability. Denatured alcohol finds application in several application industries, as a cleaning agent and disinfectant. This is also expected to have a positive impact on the growth of the global tert-butanol market.

However, certain factors may impede the development of the global tert-butanol market and prevent it from reaching its full potential. One of the major factors limiting the growth of the market has been the strict rules and regulations issued by regulatory authorities regarding VOC emissions. This, however, could present manufacturers with a new segment to tap into for bio-based solvents. This could offset the sluggishness of the market due to a strict regulatory environment.

China to lead Asia-Pacific dominance in global market

In terms of geographic segmentation, the global tert-butanol market is led by the Asia-Pacific regional segment. China in particular is among the major contributors to the growth of the tert-butanol market in Asia Pacific. The development and advancements in automotive and construction industries are expected to create several lucrative business opportunities for the overall market growth in the region.

Some of the major players in the global tert-butanol market include brands such as Wanhua International Group, China Petroleum & Chemical Corporation, and Maruzen Petrochemical, among others.

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The market segmentation is as follows:

Application

  • Solvents and intermediates
    • Paints and coatings
    • Medications
    • Flavors & Perfumes
    • Others (including floating agents and stabilizers)
  • Ethanol denaturants
  • MTBE and ETBE
  • Methyl methacrylates (MMA)
  • Others (Chromatography)

Region

  • North America
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Russia and CIS
    • The rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC
    • South Africa
    • Rest of the Middle East and Africa

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