Global n-Butanol Market is expected to Grow at a CAGR of 4.70% by 2032
According to ChemAnalyst report, “ Global n-Butanol Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, Manufacturing Process, 2015-2032” Global n-Butanol market witnessed a strong demand in the past years and is anticipated to reach about 8200 thousand tonnes at a healthy CAGR of 4.70% during the forecast period till 2032 owing to its application in the -butyl acrylate, n butyl acetate, Direct Solvent, and Plasticizer end-use industries. n-Butanol is a colorless liquid with chemical formula C₄H₉OH. It is a versatile component that is widely used as a primary ingredient in various industries. On the industrial level, n-Butanol is produced by the oxo process. With the help of a catalyst (cobalt hydrocarbonyls), carbon monoxide and hydrogen are added to the carbon double bond of propylene in the liquid phase to produce 1-butanol as the major pr...