Why did the n-Butanol Price Change in July 2025? The n-Butanol spot price in North America declined by 6.64% quarter-over-quarter in Q2 2025, reflected in a declining Price Index.

Get the latest insights on price movement and trend analysis of Butanol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

n-butanol market reached a valuation of USD 4.2 billion in 2024, forecasted to surpass USD 5.8 billion by 2034. The global n-butanol demand was estimated to be over 5,500 kilotons in 2024.

The US N-Butanol market experienced predominantly bullish conditions in Q1 2025, with prices initially declining by around 5.5% during January and February before rebounding by 7.9% in March. In January, ample supply persisted amidst stable feedstock costs and logistical issues in Houston, while weak demand from the paints and coatings sector and restricted exports to Mexico and China pressured prices. Winter Storm Enzo further disrupted production.

Explore the complex factors influencing n-butanol pricing, including raw material costs, regional demand-supply dynamics, economic trends, and environmental regulations. Gain insights into market conditions affecting prices as of October 2023, with a focus on propylene production, geopolitical impacts, and industrial demand in key regions like Asia-Pacific.

Global n-Butanol market size is expected to reach $4.52 billion by 2029 at 5%, segmented as by pharmaceuticals, active pharmaceutical ingredients (apis), solvents for drug formulations, excipients

Why did the Iso Butanol Price Change in July 2025? The Iso-Butanol spot price in North America declined by 1.6% quarter-over-quarter in Q2 2025, reflected in a declining Price Index.

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N-Butanol market Size 2024-2028

The N-Butanol market size is forecast to increase by USD 1.88 billion, at a CAGR of 6.1% between 2023 and 2028.

The market is experiencing significant growth due to increasing demand for this primary alcohol in various industries. In the plastics sector, N-Butanolis utilized as a monomer for producing coating resins, butyl acrylate, and butyl acetates. In the construction industry, it serves as a solvent and a raw material for producing glycol ethers. Moreover, the preference for renewable N-Butanolas a biofuel is on the rise due to the growing focus on sustainable energy sources. The volatile crude oil prices have also driven the market growth, as N-Butanolprovides an economically viable alternative to petroleum-derived solvents. This trend is expected to continue, making N-Butanola valuable commodity in the global market.

What will be the Size of the Market During the Forecast Period?

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N-Butanol, a primary alcohol with the molecular formula C4H9OH, is an essential chemical intermediate with a wide range of applications in various industries. In the US market, N-Butanolis primarily used as a solvent in solvent-based systems, a chemical intermediate in the production of renewable chemicals and biofuels, and as a cleaner fuel. N-Butanolis widely used as a solvent in various applications due to its excellent solvency power and low toxicity. In the US, it is extensively used in coatings, adhesives, and plastics production. Coating resins, such as butyl acrylate and butyl acetates, use N-Butanolas a solvent to improve their flow and leveling properties. Adhesives manufacturers also utilize N-Butanolto enhance the bonding strength and flexibility of their products. In the plastics industry, N-Butanolis used as a solvent in the production of PVC and other polymers. N-Butanolis a versatile chemical intermediate used in the production of various renewable chemicals and biofuels. It is used as a raw material in the production of butyl carboxylate, which is used as an intermediate in the production of glycol ethers.
These glycol ethers are used as solvents, swelling agents, and intermediates in various industries, including coatings, adhesives, and plastics. N-Butanolis also used as a biofuel, providing a cleaner alternative to traditional fossil fuels. It can be blended with gasoline or used as a standalone fuel in internal combustion engines. N-Butanolis a valuable chemical intermediate used in the production of various chemicals. It is used in the production of butyl acrylate, which is used as a monomer in the production of superabsorbent polymers, used in the production of disposable diapers and other absorbent hygiene products. N-Butanolis also used in the production of butyl acetates, which are used as solvents and intermediates in various industries.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Application

  Butyl acrylate
  Glycol ethers
  Butyl acetate
  Direct solvent
  Others


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK
    France
    Italy


  South America



  Middle East and Africa

By Application Insights

The butyl acrylate segment is estimated to witness significant growth during the forecast period.

Butyl acrylate, a type of butanol, is a crucial component in various industries, including plastics production and construction activities. In plastics manufacturing, butyl acrylate is used as a monomer to produce acrylate polymers, which are essential in the production of butyl acetates, glycol ethers, and other chemicals. In the construction sector, butyl acetate is used as a solvent, while butyl acrylate is used in the production of coating resins. Coating resins made from butyl acrylate are widely used in various applications, including interior and exterior paints, adhesives, and other coating solutions. These resins offer several advantages, such as low viscosity, which improves the brushability of paints and varnishes, making them easier to apply uniformly on surfaces.

Moreover, butyl acrylate-based coatings emit low volatile organic compounds (VOCs), making them an eco-friendly alternative to traditional solvent-based coatings. The increasing demand for environmentally friendly products and regulations limiting VOC emissions can significantly impact the market for butyl acrylate and related products. Additionally, butyl acrylate is also used as a primary alcohol in the production of 1-butanol, which is used as a biofuel and solvent in various industries. Overall, the market for butyl acrylate and related pro

The bio-based n-butanol market is experiencing significant growth, driven by increasing demand for sustainable alternatives to petrochemical-based solvents and fuels. The market's expansion is fueled by several key factors, including stringent environmental regulations promoting bio-based products, rising consumer awareness of environmental issues, and the increasing adoption of bio-based n-butanol in various applications such as solvents in coatings and inks, and as a fuel additive or blendstock. While precise market sizing data is unavailable, considering a typical CAGR for emerging bio-based chemical markets of around 8-12%, we can reasonably project a 2025 market value in the range of $300-500 million. This projection accounts for the nascent stage of the market and the inherent challenges associated with scaling up bio-based production. Companies like Gevo, Cobalt, Green Biologics, and Butamax are actively contributing to market growth through technological advancements and capacity expansions. However, the market faces challenges, including high production costs compared to petrochemical-based n-butanol, technological limitations in achieving cost-effective and large-scale production, and dependence on feedstock availability and price fluctuations. Further research and development, alongside supportive government policies and investments, are crucial to overcoming these restraints and accelerating market penetration. The market is segmented by application (solvents, fuels, etc.), production methods (fermentation, etc.), and geography, with North America and Europe anticipated to hold significant market share initially. Future growth will largely depend on successful technological advancements reducing production costs and increasing efficiency, alongside expanding market applications. The forecast period (2025-2033) presents considerable opportunities for growth. Assuming a conservative CAGR of 10%, the market could reach $1-2 billion by 2033. This growth will be driven by further technological advancements leading to cost competitiveness with petrochemical n-butanol, increased consumer and industrial acceptance of bio-based alternatives, and supportive government policies promoting sustainable solutions. The market is expected to witness consolidation among key players, with strategic alliances and mergers likely to shape its competitive landscape. Regional differences in regulatory environments and feedstock availability will impact regional growth rates, with regions offering supportive policy frameworks and accessible feedstock expected to see faster development. However, careful monitoring of feedstock costs and technological advancements remains critical for sustained growth and profitability within this dynamic market.

Get the latest insights on price movement and trend analysis of Bio-Butanol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The global industrial n-butanol market is experiencing robust growth, driven by its increasing demand across diverse sectors. While precise market size figures are unavailable, industry reports suggest a substantial market valued in the billions, exhibiting a healthy Compound Annual Growth Rate (CAGR). This growth is fueled primarily by the expanding use of n-butanol in the production of butyl acetate, a key ingredient in coatings and adhesives. The automotive industry's demand for n-butanol as a solvent and in fuel blends also contributes significantly. Furthermore, the burgeoning bio-based n-butanol sector is providing a sustainable alternative, further boosting market expansion. Key players like BASF, Dow Chemical, and others are heavily invested in research and development, focusing on improving production efficiency and exploring new applications. This competitive landscape fosters innovation and drives down production costs, making n-butanol a more attractive option for manufacturers. However, the market also faces challenges. Fluctuating crude oil prices directly impact n-butanol production costs, potentially affecting market stability. Stringent environmental regulations regarding volatile organic compounds (VOCs) could necessitate costly process modifications for manufacturers. Nevertheless, the long-term outlook for industrial n-butanol remains positive, fueled by continuous technological advancements and the increasing preference for sustainable and high-performance materials in numerous industries. The strategic focus on expanding production capacity in emerging markets, coupled with R&D efforts geared towards enhancing product quality and lowering environmental impact, positions the market for continued expansion over the forecast period (2025-2033).

The global n-butyl alcohol market is experiencing robust growth, driven by increasing demand across diverse sectors. While the provided data lacks specific market size and CAGR figures, a reasonable estimation can be made based on industry trends and competitor analysis. Considering the established players like BASF and Dow, alongside significant regional consumption (particularly in Asia-Pacific), the 2025 market size is conservatively estimated at $5 billion USD. This robust market is propelled by the expanding biofuel industry, which increasingly utilizes biobutanol as a sustainable alternative to fossil fuels. The rising demand for solvents in various applications, including coatings, paints, and inks, further fuels this market expansion. Additionally, the chemical industry's reliance on n-butyl alcohol as a crucial raw material contributes to sustained market growth. Growth is also facilitated by continuous technological advancements leading to improved production efficiency and cost reduction in both bio- and chemical based production methods. However, the market faces certain restraints. Fluctuations in crude oil prices directly impact chemical n-butyl alcohol production costs, creating price volatility. Environmental regulations concerning volatile organic compound (VOC) emissions also pose challenges to producers. Furthermore, competition from substitute chemicals and the varying regulatory landscape across different regions present ongoing hurdles for market players. Despite these challenges, the long-term outlook for n-butyl alcohol remains positive, driven by consistent demand and innovation within the bio-based production sector. A projected CAGR of 4-5% over the forecast period (2025-2033) appears plausible, reflecting continued expansion and a shift towards sustainable production methods. This would put the market size in 2033 in the range of $7-8 billion USD.

The global n-Butanol market is poised for steady growth, exhibiting a Compound Annual Growth Rate (CAGR) of 3.5% from 2025 to 2033. With a market size valued at $7,051.4 million in 2025, the market is driven by increasing demand from diverse industries. Key application segments such as butyl acrylate, butyl acetate, and glycol ethers production contribute significantly to this demand. The industrial grade segment holds a considerable market share, fueled by the robust growth of various end-use sectors like coatings, adhesives, and inks. Furthermore, the rising adoption of n-butanol as a direct solvent in various chemical processes is bolstering market expansion. Geographic expansion, particularly in emerging economies of Asia-Pacific, is also driving growth. However, fluctuating raw material prices and environmental concerns related to its production present challenges to sustained market expansion. This necessitates the adoption of sustainable production methods and exploration of alternative feedstocks to maintain market momentum.
The competitive landscape is characterized by the presence of both large multinational corporations and regional players. Key players such as BASF, Dow, and Eastman Chemical Company hold significant market share, leveraging their established distribution networks and technological advancements. The market is expected to witness increased strategic partnerships and mergers and acquisitions to consolidate market position and gain access to new technologies and markets. Factors such as technological innovation, focusing on energy efficiency, and stricter environmental regulations will continue shaping the competitive landscape, driving companies to adapt and innovate to remain competitive. The forecast period anticipates continued growth, driven by technological advancements and diverse applications across various end-use industries.

During Q2 2024, the iso butanol prices in the USA reached 2,173 USD/MT in June. The market saw prices rise due to increased feedstock costs, logistical hurdles, and growing need over major construction months. Regulatory changes affecting mortgage prices and construction guidelines further influenced costs, contributing to an overall trend of gradual recovery and an optimistic market forecast.

According to Cognitive Market Research, the Global N-butanol Market Size will be USD XX Billion in 2025 and is set to achieve a market size of USD XX Billion by the end of 2033 growing at a CAGR of XX% from 2025 to 2033.

North America held largest share of XX % in the year 2024 Europe held share of XX % in the year 2024 Asia-Pacific held significant share of XX % in the year 2024 South America held significant share of XX % in the year 2024 Middle East and Africa held significant share of XX % in the year 2024 Market Dynamics

Key Drivers of N- butanol

Increasing use of N-Butanol as a solvent is a major growth driver for the market 

Increasing use of N-Butanol as a solvent is a major growth driver for the market, especially in developing countries such as India. N-Butanol is a four-carbon alcohol that has widespread usage as a solvent in paints, coatings, adhesives, and other chemical processes owing to its good solvency characteristics and moderate volatility. In India, the N-Butanol market has been witnessing significant growth, driven by the rising demand from end-user industries like paints and coatings, adhesives, textiles, and pharmaceuticals. The paints and coatings sector, specifically, plays an important role in the demand for N-Butanol. Emerging construction and automotive industries in India have created a larger demand for quality paints and coatings. N-Butanol improves the flow, levelling, and gloss of these products, and it is therefore crucial in their formulations. With urbanization speeding up and infrastructure projects increasing, the demand for paints and coatings—and therefore, N-Butanol is likely to increase. In addition, N-Butanol's use as a solvent in adhesives, textiles, and pharmaceuticals supports its market position. Within the adhesives sector, it provides optimum performance for uses in construction, automotive, packaging, and footwear. In the textile sector, it is utilized for dyeing, finishing, and printing, whereas in the pharmaceutical sector, it is applied as a solvent for active ingredients. These numerous applications reflect the versatility and importance of N-Butanol within various industrial applications. Government programs for the encouragement of infrastructure growth and industrial expansion further drive the demand for N-Butanol. Investment in urban construction and development schemes forms a strong market for paints and coatings, hence elevating the demand for N-Butanol. For instance, Government programs for the encouragement of infrastructure growth and industrial expansion further drive the demand for N-Butanol. (Source- https://commerce.gov.in/) Furthermore, initiatives for the use of renewable and sustainable energy sources are driving the use of bio-based butanol, thereby growing the market. Overall, increased demand for N-Butanol as a solvent is one of the major drivers of market growth, especially in developing countries such as India. Its vital applications across different industries, combined with favourable government regulations and industrialization, make N-Butanol a vital element in the expansion of the chemical industry. For instance-March 2021, A global manufacturing hub for chemicals and petrochemicals, the chemical industry is a critical and integral part of the growing. (Source- https://www.pwc.in/) Thus, N-butanol is growing mostly in India. Key restraints of N- butanol

High production costs have become a major hindrance to the expansion of the N-Butanol 

N-Butanol is a multifaceted chemical compound that finds applications across several industries, such as chemicals, plastics, and textiles. Nevertheless, the market is confronted with issues related to the cost of raw materials, energy, and adhering to quality and safety standards. The manufacture of N-Butanol takes inputs like propylene and butyric acid, whose prices can be volatile due to market forces globally. The fact that chemical processing is power-intensive and needs cutting-edge technologies to ensure quality and safety standards adds to the cost of production. These high prices tend to make prices for locally manufactured N-Butanol relatively more expensive and less competitive in relation to imports. This may slow down the industry's growth since local producers have limited ability to uphold market share and increase their capacities.

To facilitate the development of the N...

The global n-butanol market, valued at $5.46 billion in 2025, is projected to experience robust growth, driven by a compound annual growth rate (CAGR) of 6.1% from 2025 to 2033. This expansion is fueled by increasing demand from various application segments, particularly in the coatings and resins industries. The use of n-butanol as a solvent in paints, lacquers, and other coatings is a primary driver, reflecting the ongoing growth in construction and automotive sectors. Furthermore, its application in the production of butyl acrylate, a crucial component in numerous polymers, contributes significantly to market growth. The rising adoption of sustainable and eco-friendly solvents is another key trend, benefiting n-butanol due to its relatively low toxicity compared to some alternatives. However, fluctuating crude oil prices, a key raw material cost, pose a significant restraint on market expansion. Regional variations in growth are expected, with Asia-Pacific, particularly China and India, anticipated to be key growth areas due to rapid industrialization and rising consumer spending. North America and Europe will also contribute significantly, driven by established chemical industries and a focus on sustainable solutions. Competitive dynamics are shaped by major players like Arkema, BASF, and Dow, who are investing in capacity expansion and technological advancements to maintain their market share. The market is segmented by application (butyl acrylate, glycol ethers, butyl acetate, direct solvent, others), offering opportunities for specialized product development and targeted market penetration. The forecast period (2025-2033) will witness a gradual increase in market size, influenced by factors like technological advancements in n-butanol production, leading to improved efficiency and reduced costs. The increasing demand from emerging economies will further propel market growth. However, regulatory pressures concerning volatile organic compounds (VOCs) and the potential for substitution by alternative solvents could influence the market trajectory. Companies are focusing on diversification and strategic partnerships to mitigate risks and capitalize on emerging opportunities. The competitive landscape is characterized by both established players and emerging regional manufacturers, creating a dynamic market environment. Overall, the n-butanol market is expected to maintain a positive growth trajectory, driven by diverse application segments and favorable industry trends, despite challenges related to raw material costs and regulatory compliance.

In 2024, the Ghanian butanol market increased by 14% to $21M, rising for the fourth year in a row after two years of decline. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2024: its value increased at an average annual rate of +3.6% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption increased by +57.3% against 2020 indices.

Butanol Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.

The bio-based n-butanol market is experiencing significant growth, driven by increasing demand for sustainable and renewable chemicals. The market, valued at approximately $150 million in 2025, is projected to witness a Compound Annual Growth Rate (CAGR) of 12% from 2025 to 2033. This robust expansion is fueled by several key factors. The rising global focus on reducing carbon emissions and achieving sustainability goals is a major catalyst, pushing industries to adopt bio-based alternatives to petrochemical-derived n-butanol. Furthermore, stringent environmental regulations and government incentives promoting the use of renewable resources are further bolstering market growth. Technological advancements in fermentation processes and biomass conversion technologies are also contributing to enhanced efficiency and cost-effectiveness, making bio-based n-butanol a more competitive option. Key applications, including solvents, fuel additives, and plasticizers, are driving demand across diverse sectors like coatings, pharmaceuticals, and the automotive industry. However, the market also faces certain challenges. High initial investment costs associated with bio-based production facilities and the dependence on fluctuating feedstock prices represent significant restraints. Competition from established petrochemical-based n-butanol producers and the need for further research and development to optimize production processes are also factors that need consideration. Despite these constraints, the long-term growth prospects for bio-based n-butanol remain positive, particularly with continued innovation and supportive government policies promoting a circular economy and sustainable development. Companies like Gevo, Cobalt, Green Biologics, and Butamax are playing a crucial role in shaping the market's future through their technological advancements and market penetration strategies. The market is expected to exceed $500 million by 2033.

Bio Based N Butanol Market Outlook

The global bio-based n-butanol market size was valued at approximately USD 1.2 billion in 2023 and is projected to reach USD 2.7 billion by 2032, growing at a compound annual growth rate (CAGR) of 9.5% during the forecast period. This significant growth is driven by increasing demand for sustainable chemical products and the rising awareness of environmental issues. The market is expected to burgeon as industries shift towards greener alternatives to reduce their carbon footprint.

One of the primary growth factors in this market is the increasing emphasis on sustainability and the need for renewable raw materials in chemical manufacturing. Bio-based n-butanol, derived from natural resources such as corn, sugarcane, and other biomass, offers an eco-friendly alternative to petroleum-based butanol. This transition is further supported by stringent regulatory policies in several countries aimed at reducing greenhouse gas emissions and promoting the use of bio-based products. The growing consumer awareness and preference for green products are also propelling the demand for bio-based n-butanol.

Another driving factor is the expanding application scope of bio-based n-butanol across various industries. It is widely used in the manufacture of biofuels, which are gaining popularity as renewable and cleaner alternatives to conventional fossil fuels. The industrial solvent segment also benefits from this trend as bio-based n-butanol serves as an essential ingredient in the production of paints, coatings, adhesives, and textiles. Furthermore, the chemical intermediate segment leverages bio-based n-butanol for the synthesis of butyl acrylate, butyl acetate, glycol ethers, and other derivatives, enhancing its market growth potential.

Technological advancements in production methods are also contributing to market growth. Innovations in fermentation and gasification techniques have improved the efficiency and yield of bio-based n-butanol, making it more cost-competitive with its petrochemical counterpart. Companies are increasingly investing in research and development to optimize production processes and reduce production costs. Collaborations between biotechnology firms and chemical manufacturers are fostering the development of advanced bio-refinery facilities, which further supports market expansion.

Bio-based Solvent technologies are gaining traction due to their ability to provide sustainable alternatives to traditional solvents. These solvents, derived from renewable resources, offer reduced environmental impact and improved safety profiles. The shift towards bio-based solvents is driven by the need to comply with stringent environmental regulations and the growing consumer demand for eco-friendly products. Industries such as paints and coatings, adhesives, and personal care are increasingly adopting bio-based solvents to enhance product sustainability and meet regulatory requirements. The development of innovative bio-based solvent formulations is further expanding their application scope, providing significant growth opportunities in the market.

The regional outlook for the bio-based n-butanol market highlights significant opportunities in Asia Pacific, North America, and Europe. Asia Pacific, in particular, is expected to witness robust growth due to the rising industrial activities, supportive government policies, and increasing investments in renewable energy projects. North America and Europe are also key markets driven by stringent environmental regulations and high consumer demand for sustainable products. Latin America and the Middle East & Africa, though smaller in market size, are gradually adopting bio-based chemicals, offering future growth opportunities.

Application Analysis

The application of bio-based n-butanol in biofuel production has garnered substantial attention due to its potential to provide a sustainable energy source. Biofuels derived from bio-based n-butanol are considered more environmentally friendly compared to traditional fossil fuels, as they produce lower emissions of greenhouse gases. The use of bio-based n-butanol in biofuel blends can also enhance fuel efficiency and performance, making it a viable alternative for transportation and industrial applications. With the global push towards renewable energy, the demand for bio-based n-butanol in biofuel production is expected to witness significant growth.

In the industrial solvent segment, bio-bas