Isobutanol Market - Forecast (2022 - 2027)
Isobutanol market size is forecast to reach $1.03 billion by 2025, after growing at a CAGR of 5.36% during 2020-2025, owing to the rising demand for isobutanol from various end-use industries such as oil & gas, automotive, solvents & coatings, pharmaceutical, and more. A major part of Isobutanol is converted into derivates which are then used as solvents in the coating industry. Isobutanol prevents blushing of certain coatings when they dry under humid conditions and improve their flow, gloss, and resistance to blushing, due to which they are widely used as a diluent in cellulose nitrate lacquers. In addition, it is extensively used as a feedstock in the production of glycol ethers and flotation aids, which is anticipated to drive the isobutanol market substantially during the forecast period. Isobutanol Market Report Coverage The report: “Isobutanol Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Isobutanol Industr...