GITNUX MARKETDATA REPORT 2024

Isobutanol Industry Statistics

The isobutanol industry is expected to experience steady growth due to increasing demand in various applications such as solvents, fuels, and chemicals.

In this post, we will explore the latest statistics and trends shaping the isobutanol industry, shedding light on key market insights that highlight its growth trajectory and market dynamics. From the global market size to regional market shares and industry-specific demands, we delve into the data that provides a comprehensive overview of the isobutanol landscape.

Statistic 1

"The global market size of isobutanol in 2019 surpassed USD 775 million."

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Statistic 2

"The isobutanol market is expected to reach USD 1.18 billion by 2025."

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Statistic 3

"Bio-based isobutanol is expected to grow at a CAGR of 5.0% from 2020 to 2027."

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Statistic 4

"North America holds the largest share of 32.3% in the isobutanol market in 2019."

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Statistic 5

"The Isobutanol market in the Asia Pacific region is predicted to grow at the highest CAGR during the forecast period of 2020-2025."

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Statistic 6

"Approximately 85% of the global Isobutanol production was consumed as a solvent or chemical intermediate in 2019."

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Statistic 7

"The demand for bio-based isobutanol in the paints & coatings industry is expected to register a CAGR of 4.5% from 2020 to 2027."

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Statistic 8

"The oil & gas sector accounted for USD 33.5 million of isobutanol demand in North America in 2019."

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Statistic 9

"In the European market, the UK accounted for the largest share of the isobutanol industry in 2019."

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Statistic 10

"The Bio-based isobutanol market in Europe is projected to showcase a CAGR of 4.3% over the forecast period (2020 to 2027)."

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Statistic 11

"Isobutanol is expected to witness a substantial growth rate of 4.5% in volume in the aviation industry till 2025."

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Statistic 12

"The Australian Bio-based isobutanol market is forecasted to expand at a CAGR of 4.9% from 2020 to 2027."

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Statistic 13

"In the Latin American market, Brazil accounted for the largest share of the isobutanol industry in 2019."

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Statistic 14

"The Middle Eastern & African Isobutanol market is expected to register the slowest growth rate during 2020-2025."

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Statistic 15

"The direct solvent application dominated the isobutanol market in 2019 with a market share of 31.6%."

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Statistic 16

"The global isobutanol market size in terms of volume was 581.96 kilotons in 2021."

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Statistic 17

"The Isobutanol consumption in the manufacturing of plasticizers is predicted to grow at a CAGR of 4.2% till 2025."

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Statistic 18

"The isobutanol market in India stood at $149 million in 2019 and is forecast to grow at a CAGR of 10% to reach $ 305 million by 2024."

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Statistic 19

"The isobutanol derivatives market in China is projected to grow at a CAGR of around 6% during 2020 - 2025."

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Statistic 20

"The consumption of Isobutanol in the automotive industry is expected to observe a growth rate of 3.8% during the forecast period."

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The statistics presented indicate a positive outlook for the isobutanol industry globally, with significant market growth expected across various regions and sectors. Market size projections, growth rates, and sector-specific demand patterns all point towards a dynamic and expanding market for isobutanol. While North America currently holds a substantial market share, regions such as Asia Pacific and Europe are predicted to experience rapid growth. Bio-based isobutanol, in particular, is anticipated to see significant traction, especially in industries like paints & coatings and automotive. The statistics emphasize the increasing importance and versatility of isobutanol in various industrial applications, indicating a promising future for the industry.

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