Butanol Market Analysis: Prices, Trends & Forecasts from Procurement Resource

Butanol (C4H9OH) is an organic chemical compound that comprises a hydroxyl group attached to its base butyl group. It is a colorless liquid with a strong characteristic alcoholic odor and a burning dry taste. The boiling and melting point of Butanol is measured around 177.7° C and -89° C, respectively. It is completely soluble with regular solvents such as hydrocarbons, glycols, and ethers. However, it is partially soluble in water. The commercial synthesis of Butanol is carried out by an aldol process beginning with acetaldehyde or oxo process with propylene and rhodium as a catalyst. It has a wide range of `applications and has primary associations with the chemical and petroleum industries.

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India, Vietnam, and the Netherlands are the key importing countries that import Butanol. On the other hand, the key exporting countries include Germany, the United States, and Belgium.

Key Details About the Butanol Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Butanol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Butanol Price chart, including India Butanol price, USA Butanol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Butanol Price Trend:

Butanol is an organic chemical with several applications primarily associated with the chemical manufacturing and petroleum industries. It is a key ingredient used as an organic solvent, which is used in the synthesis of numerous industrial chemicals. Butanol is used to produce varnishes, paints, and coating materials. Derivatives of Butanol are also used as industrial solvents, such as butyl acetate, butoxyethanol, etc.

Additionally, it is used as a plasticizer in polymers manufacturing industries, which uses butyl esters as a base ingredient in producing plastic products. Apart from that, it is used in several personal care products such as perfumes, deodorants, soaps, shampoo, shaving products, etc., as well as cosmetics such as lipsticks, nail paints, makeup removers, cleansers, eyeliners, and more. Salts derived from Butanol are used as chemical intermediates in processing several chemical reactions.

Key Players:

• BASF (Germany)
• The DOW Chemical Company (US)
• Eastman (US)
• OQ Chemicals (Germany)
• SASOL (South Africa)
• BASF PETRONAS (Malaysia)
• PetroChina (China)
• Mitsubishi Chemical Company (Japan)
• SINOPEC (China)
• KH Neochem (Japan)

News & Recent Development

• Date: February 22, 2022- Oklahoma State University attained a patent on discovering a new fermentation process to produce biofuels and industrial chemicals, including Butanol.

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