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World - Butanol - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

World - Butanol - Market Analysis, Forecast, Size, Trends And Insights

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Article Publishing Date: Oct 20, 2023

The World's Top Import Markets for Butanol

Butanol is a versatile chemical compound that finds applications in a wide range of industries such as automotive, construction, and pharmaceuticals. As a solvent, it is highly effective in various cleaning and coating processes. With a global import value of approximately $1.1 billion in 2022, the demand for butanol continues to rise across key markets worldwide. In this article, we will explore the world's best import markets for butanol, providing key statistics and market insights.

1. China

China, being the largest importing country of butanol, recorded an import value of $272.1 million in 2022. The country's rapid industrialization and growing manufacturing sector contribute to the high demand for butanol in various applications. China's market for butanol is expected to further expand in the coming years, driven by the economic development and increasing consumer demand.

2. Belgium

Belgium is the second-largest import market for butanol, with an import value of $217.9 million in 2022. The country has a strong chemical industry and is a major hub for chemical trade in Europe. The demand for butanol in Belgium is driven by its use in the production of paints, coatings, and adhesives. The favorable business environment and strategic location make Belgium an attractive market for international suppliers of butanol.

3. Germany

Germany holds the third position in the ranking of top import markets for butanol, with an import value of $162.1 million in 2022. The German automotive and construction sectors are the major consumers of butanol, utilizing it for various applications such as paints, varnishes, and sealants. The stringent environmental regulations in the country further contribute to the demand for butanol as a more eco-friendly alternative to other solvents.

4. United States

The United States imported $141.7 million worth of butanol in 2022, making it one of the significant importers in the global market. The country's strong manufacturing industry, particularly in sectors like automotive, paints, and coatings, drives the demand for butanol. Moreover, the increasing focus on sustainable practices and the utilization of renewable chemicals further contribute to the growth of the butanol market in the United States.

5. India

India is a rapidly growing market for butanol, with an import value of $135.7 million in 2022. The country's expanding pharmaceutical and construction industries drive the demand for butanol as a key ingredient in various drugs and coatings. Additionally, the rising purchasing power and population growth in India contribute to the increased consumption of butanol-based products.

6. South Korea

South Korea imported butanol worth $132.9 million in 2022, positioning itself as one of the prominent import markets. The country's flourishing automotive and electronics industries utilize butanol in the production of paints, coatings, and cleaning agents. The favorable business environment and technological advancements in South Korea support the growth of the butanol market.

7. Brazil

Brazil is a notable import market for butanol, with an import value of $50.0 million in 2022. The country's automotive and chemicals industries are the major consumers of butanol, employing it in the manufacturing process of paints, coatings, and lubricants. The increasing urbanization and industrialization in Brazil create opportunities for international suppliers in the butanol market.

8. Singapore

Singapore imported $45.6 million worth of butanol in 2022. The country's strong presence in the global petrochemical industry contributes to the demand for butanol in various chemical processes. Singapore serves as a prominent hub for regional and international trade, providing access to a wide range of markets for butanol suppliers.

9. Italy

With an import value of $43.8 million in 2022, Italy holds a significant position in the global butanol import market. The country's construction and paints industries are major consumers of butanol, utilizing it in the production of coatings, sealants, and adhesives. Italy's strong manufacturing base and established chemical sector make it an attractive market for butanol suppliers.

10. Indonesia

Indonesia imported butanol worth $37.0 million in 2022, establishing its presence in the global import market. The country's growing automotive and construction sectors drive the demand for butanol-based products. Additionally, the government's initiatives to support infrastructure development create opportunities for suppliers in the butanol market.

In conclusion, the global market for butanol showcases significant growth potential, with various countries being the top importers. From China's dominance in the market to the emerging demand in countries like India and Indonesia, opportunities abound for international suppliers to tap into these import markets. To access in-depth market analysis, including detailed import and export statistics, market trends, and forecasts, industry professionals can utilize the IndexBox market intelligence platform.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global butanol market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20142230 - Butan-1-ol (n-butyl alcohol)
  • Prodcom 20142240 - Butanols (excluding butan-1-ol (n-butyl alcohol))

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

BASF, Dow Chemical Company, APAC, Oxea, Sasol, SaBuCo, Petrochina, Eastman, Mitsubishi Chemical Corporation, Sinopec, KH Neochem, Oxochimie, Andhra Petrochemicals, Azoty Zak Spka Akcyjna, Cobalt Technologies, Green Biologics, Tasnee, China Nation Petroleum, LG Chem, Yankuang Group, Formosa Plastic Group, Kyowa Hakko, Elekeiroz, Wanhua, Huachang Chemical, Hualu-Hengsheng, Luxi Chemical, Lihuayi Group, Anqing Shuguang Chemical

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023

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