• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor
    Hero Background

    2 Butanol Market

    ID: MRFR/CnM/32461-HCR
    111 Pages
    Chitranshi Jaiswal
    October 2025

    2-Butanol Market Research Report By Application (Solvent, Intermediate, Fuel Additive, Plasticizer, Chemical Feedstock), By End Use (Automotive, Chemical Manufacturing, Pharmaceuticals, Food Beverage, Personal Care), By Purity Level (Industrial Grade, Laboratory Grade, Reagent Grade), By Distribution Channel (Direct Sales, Distributors, Online Retail) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    2 Butanol Market Infographic
    Purchase Options

    2 Butanol Market Summary

    The global 2-Butanol market is projected to grow from 3.42 USD billion in 2024 to 5.27 USD billion by 2035.

    Key Market Trends & Highlights

    2-Butanol Key Trends and Highlights

    • The market is expected to witness a compound annual growth rate (CAGR) of 4.01 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 5.27 USD billion, indicating robust growth potential.
    • in 2024, the market is valued at 3.42 USD billion, reflecting a solid foundation for future expansion.
    • Growing adoption of 2-Butanol in various industrial applications due to its versatility is a major market driver.

    Market Size & Forecast

    2024 Market Size 3.42 (USD Billion)
    2035 Market Size 5.27 (USD Billion)
    CAGR (2025-2035) 4.01%

    Major Players

    Yancheng Hailun Chemical, Alfa Aesar, BASF, Oxea, SABIC, Huntsman, Eastman Chemical, LyondellBasell, Nouryon, Asahi Kasei, Shell, Mitsubishi Gas Chemical, Taminco, Shaanxi BTR

    2 Butanol Market Trends

    The development of the 2-butanol market is mainly supported by its increasing usage as solvents, coatings and chemical intermediaries. The expansion of the automotive, construction, and consumer goods industries is creating demand for 2-butanol, which is identified as a multi-purpose solvent. In addition, there is an increasing concern regarding the environment leading to the integration of cleaner technologies by the manufacturers, which is heightening the search for green alternatives. This shift is in turn improving the prospects of the market as the companies strive to be compliant while still being efficient.

    There are plenty of opportunities within the 2-butanol market, especially with the emerging markets where industrialization is taking place in leaps and bounds.

    The growth of the chemical industry in these parts presents a platform for the use of 2-butanol. In addition to this, modern technologies when adopted can reduce production costs and enhance yield making 2-butanol to be available in the market for wider range of industries. As countries develop, trend has been that specialty chemicals have strong demand for which the market players may take advantage. Recent trends show that the demand for yeasts is increasing with preference on bio-butanol. Such trends compliment international campaigns to cut down carbon emissions and transitioning to circular based economies.

    Equally, new approaches to manufacturing are how products come to life and how they get promoted in the present day. There is also an increase in the number of collaborations and partnerships targeting research and development which is again a pointer of the fact that the industry is looking for new ways to develop or improve the use of a given product. Thus, the 2-butanol market can be understood as being at a crucial moment as it has enormous growth prospects owing to the changing consumer needs and also the newly emerging industrial uses.

    The global 2-Butanol market appears to be experiencing a gradual shift towards sustainable production methods, driven by increasing regulatory pressures and consumer demand for environmentally friendly solvents.

    U.S. Environmental Protection Agency

    2 Butanol Market Drivers

    Market Growth Projections

    The Global 2-Butanol Market Industry is projected to experience substantial growth over the next decade. With a market value anticipated to reach 3.42 USD Billion in 2024 and further increase to 5.27 USD Billion by 2035, the industry is poised for a promising trajectory. The compound's diverse applications across various sectors, including automotive, personal care, and chemical manufacturing, contribute to this growth. The forecasted CAGR of 4.01% from 2025 to 2035 indicates a robust market environment, driven by ongoing innovations and increasing demand for sustainable solutions.

    Increased Regulatory Support

    Regulatory support for the use of 2-Butanol in various applications is a significant driver for the Global 2-Butanol Market Industry. Governments worldwide are implementing policies that promote the use of safer and more efficient chemicals in manufacturing processes. This regulatory environment encourages industries to adopt 2-Butanol, particularly in sectors such as automotive and personal care, where compliance with safety standards is crucial. As regulations evolve, the market is expected to expand, with industries increasingly turning to 2-Butanol as a compliant and effective solution for their needs.

    Rising Use in Automotive Sector

    The automotive industry is a pivotal driver for the Global 2-Butanol Market Industry, as this compound is utilized in the production of fuel additives and coatings. The increasing focus on enhancing fuel efficiency and reducing emissions has led manufacturers to incorporate 2-Butanol in their formulations. This trend is particularly evident in regions with stringent environmental regulations, where the demand for cleaner fuels is paramount. As the automotive sector evolves, the market for 2-Butanol is projected to grow, potentially reaching 5.27 USD Billion by 2035, reflecting a robust CAGR of 4.01% from 2025 to 2035.

    Expansion of Personal Care Products

    The Global 2-Butanol Market Industry is also benefiting from the expansion of personal care products. 2-Butanol is increasingly used as a solvent in cosmetics and personal care formulations, enhancing product stability and performance. The growing consumer preference for high-quality personal care items is driving manufacturers to seek effective ingredients, thereby increasing the demand for 2-Butanol. This trend is particularly pronounced in emerging markets, where rising disposable incomes are leading to greater spending on personal care. Consequently, the market is poised for growth as the personal care sector continues to flourish.

    Advancements in Production Technologies

    Technological advancements in the production of 2-Butanol are influencing the Global 2-Butanol Market Industry positively. Innovations in catalytic processes and biotechnological methods are enhancing production efficiency and reducing costs. These advancements not only improve yield but also align with sustainability goals, making 2-Butanol a more attractive option for manufacturers. As production methods evolve, the market is likely to witness increased adoption across various sectors, further driving growth. The emphasis on sustainable practices in chemical production may also enhance the market's appeal to environmentally conscious consumers.

    Growing Demand in Chemical Manufacturing

    The Global 2-Butanol Market Industry is experiencing a surge in demand driven by its application in chemical manufacturing. 2-Butanol serves as a solvent and intermediate in the production of various chemicals, including butyl acrylate and butyl acetate. As industries expand, particularly in regions like Asia-Pacific and North America, the need for efficient solvents is increasing. This trend is expected to contribute to the market's growth, with projections indicating a market value of 3.42 USD Billion in 2024. The chemical manufacturing sector's reliance on 2-Butanol is likely to bolster its market presence significantly.

    Market Segment Insights

    2-Butanol Market Application Insights 

    The 2-Butanol Market revenue reflects a comprehensive analysis of the application segment, highlighting the significant roles played by various categories such as Solvent, Intermediate, Fuel Additive, Plasticizer, and Chemical Feedstock. In 2023, the Solvent application stands out with a valuation of 1.2 USD Billion, expected to grow to 1.7 USD Billion by 2032, demonstrating its substantial importance in industrial applications where solvents are crucial for processes, such as paint thinners and cleaning agents.

    The Intermediate segment, valued at 0.8 USD Billion in 2023, also plays a vital role, with a projected increase to 1.1 USD Billion by 2032, showcasing how 2-butanol serves as an essential precursor in synthesizing other chemicals and enhancing manufacturing processes across multiple industries.The Fuel Additive market, valued at 0.6 USD Billion in 2023, while smaller, underscores the growing demand for more efficient fuels, increasing in value to 0.9 USD Billion by 2032. It showcases opportunities for improving engine performance and reducing emissions, highlighting the ongoing trends towards sustainability.

    Notably, the Plasticizer application holds a valuation of 0.4 USD Billion in 2023, set to rise to 0.6 USD Billion by 2032, reflecting its importance in manufacturing flexible materials widely used in various consumer products and construction applications.Lastly, the Chemical Feedstock category, while comparatively lower at 0.16 USD Billion in 2023 and expected to reach 0.2 USD Billion by 2032, is essential as it provides the necessary building blocks in chemical production, thus portraying an underlying need in the chemical industry.

    The market growth for these segments is fueled by several factors, including increasing industrialization, growing demand for solvents and additives in various manufacturing processes, and the plastic industry's expansion. However, challenges such as regulatory changes and environmental concerns related to certain applications could impact market dynamics.The 2-Butanol Market segmentation thus reflects a balanced interplay of these diverse applications, each with distinct roles in driving market growth while adapting to evolving industry standards.

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    2-Butanol Market End Use Insights 

    The 2-Butanol Market is projected to reach a valuation of 3.16 billion USD in 2023, reflecting its significance across various end-use applications. The automotive industry benefits from 2-butanol's use as a solvent and as an intermediate in chemical processes, which plays a crucial role in producing automotive products. Chemical manufacturing remains a key sector, utilizing 2-butanol for producing butyl acrylate and other derivatives, signifying its importance in the production chain.

    In pharmaceuticals, 2-butanol serves as a solvent and a building block for various therapeutic agents, enhancing the efficiency of drug formulations.The food and beverage sector employs this compound for flavoring and as a solvent in the production of food additives, further demonstrating its versatility. Meanwhile, personal care products leverage 2-butanol's solvent properties and aroma to enhance formulations, contributing to its steady demand. The overall 2-Butanol Market statistics suggest robust growth potential across these industries, driven by ongoing product innovations and increasing demand in developing regions.

    2-Butanol Market Purity Level Insights 

    The 2-Butanol Market, valued at 3.16 billion USD in 2023, exhibits diverse segmentation driven by purity levels, including Industrial Grade, Laboratory Grade, and Reagent Grade. The Industrial Grade of 2-Butanol is particularly significant as it caters to large-scale applications in the chemical manufacturing industry, highlighting its essential role in solvents and intermediates usage. The Laboratory Grade segment is also influential due to its demand in R and academic environments where high purity is required for experimental applications.In addition, the Reagent Grade attracts attention from industries requiring high-quality chemicals for accurate reactions and formulations.

    The continual advancements in production technologies contribute to the market growth, supported by increasing demand across diverse sectors, yet challenges such as fluctuations in raw material prices may impact growth trajectories. Overall, the 2-Butanol Market segmentation illustrates a strong foundation for growth and resilience in the face of industry challenges while expanding opportunities in new markets and applications.

    2-Butanol Market Distribution Channel Insights 

    The Distribution Channel segment of the 2-Butanol Market plays a crucial role in delivering this important solvent to various end-use industries. In 2023, the market was valued at 3.16 billion USD, showcasing the relevance of effective distribution strategies. The direct sales method has gained traction, allowing manufacturers to reach consumers directly, thereby reducing costs and improving customer relationships.

    Distributors remain essential in this market, as they facilitate the broad distribution of 2-Butanol across diverse regions, ensuring timely availability and efficient logistics.Meanwhile, online retail has rapidly grown, driven by the increasing digitalization of procurement processes, making it easier for customers to access products with convenience. This surge in online platforms contributes significantly to the overall market growth, as they connect buyers to suppliers seamlessly. The growing demand for 2-Butanol in applications such as solvents and additives accelerate the evolution of these distribution channels, creating opportunities and challenges.

    Additionally, the competitive landscape necessitates innovation and strategy refinement among market participants to capture a larger share of the 2-Butanol Market revenue, indicating positive market trends and a promising future.

    Get more detailed insights about 2-Butanol Market Research Report — Global Forecast till 2034

    Regional Insights

    The 2-Butanol Market revenue is experiencing significant growth across various regional markets, with North America and APAC showing remarkable valuations. In 2023, North America holds a market value of 1.0 USD Billion and is forecasted to grow to 1.45 USD Billion in 2032, representing a major segment of the overall market. Similarly, APAC also has a valuation of 1.0 USD Billion in 2023, projected to increase to 1.65 USD Billion by 2032, showcasing the region's growing industrial demand.

    Europe follows closely with a current market value of 0.9 USD Billion, anticipated to expand to 1.25 USD Billion in the next decade, indicating the region's critical role in the 2-Butanol Market industry.South America and MEA represent the smaller segments, with South America starting at 0.15 USD Billion and expanding to 0.25 USD Billion, while MEA begins at 0.11 USD Billion and is expected to reach 0.2 USD Billion. Though these regions have lower valuations, they present opportunities for market growth due to increasing demand for specialty chemicals.

    Market trends indicate that innovation and sustainability efforts will play crucial roles in shaping the future of the 2-Butanol Market segmentation, particularly in North America and APAC, which dominate due to a strong industrial base and regulatory support for green technologies.

      2-Butanol Market Regional

    Source: Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The 2-Butanol Market has been witnessing a significant transformation driven by numerous factors such as rising demand for solvents in various industrial applications, the growth of the automotive sector, and the increasing use of 2-butanol in chemical synthesis. Competitive dynamics in this market are shaped by key players who not only focus on production efficiency but also emphasize innovations in manufacturing processes, sustainability, and supply chain optimization to maintain their market positions. The constant evolution in consumer preferences towards safer and more environmentally friendly products further compels companies to invest in research and development.

    This landscape is marked by regional disparities in demand and production capacities, which impact pricing strategies and market accessibility.Yancheng Hailun Chemical has established a strong foothold in the 2-Butanol Market, leveraging its manufacturing capabilities to cater to various industrial requirements. One of the company's notable strengths is its focus on producing high-quality 2-butanol, which meets stringent regulatory standards and customer expectations. This commitment to quality enhances its competitive advantage while fostering long-term relationships with clients.

    Additionally, Yancheng Hailun Chemical's strategic investments in technology enable more efficient production processes, resulting in cost advantages and the ability to respond quickly to market fluctuations. The company’s established distribution networks aid in timely delivery, further solidifying its influence in the market.Alfa Aesar is another key player in the 2-Butanol Market, recognized for its extensive product portfolio and a solid reputation for consistency in quality. The company's strength lies in its ability to provide a wide range of 2-butanol grades, catering to diverse applications across pharmaceuticals, agrochemicals, and other industrial sectors.

    Alfa Aesar capitalizes on its robust research and development capabilities, thus remaining at the forefront of innovations that drive product enhancements. Its commitment to customer service and technical support allows it to effectively address the specific needs of its clientele, ensuring loyalty and repeat business. The brand's long-standing presence in the market, combined with its strategic partnerships and collaborations, enhances its competitive position, making it a formidable participant in the 2-Butanol Market.

    Key Companies in the 2 Butanol Market market include

    Industry Developments

    The 2-Butanol Market has recently seen significant developments, driven by increasing demand from the chemical and automotive sectors. Companies such as BASF and Eastman Chemical are expanding their production capabilities to cater to the rising consumption of 2-Butanol in manufacturing solvents and chemical intermediates. Notably, SABIC and Huntsman have reported growth in their market valuation, enhancing their competitive positions in the industry. Additionally, Yancheng Hailun Chemical and Taminco are investing in research and development to innovate and improve the production processes, which is expected to influence pricing and availability.

    There have been notable consolidations in the market, although specific mergers and acquisitions involving companies like LyondellBasell, Oxea, and Shell have not been prominently documented in recent reports. The focus on sustainable practices and eco-friendly production is also shaping market dynamics, prompting companies to adapt to environmental regulations. Overall, the upward trend in market valuation and the strategic initiatives undertaken by leading companies are positioning the 2-Butanol Market for robust future growth, stressing the importance of agility and innovation in a competitive landscape.

    Future Outlook

    2 Butanol Market Future Outlook

    The global 2-Butanol market is projected to grow at a 4.01% CAGR from 2025 to 2035, driven by increasing demand in solvents and chemical intermediates.

    New opportunities lie in:

    • Expand production capabilities to meet rising demand in pharmaceuticals and agrochemicals.
    • Invest in sustainable production methods to enhance market competitiveness and appeal to eco-conscious consumers.
    • Develop innovative applications in energy storage solutions to capture emerging market segments.

    By 2035, the 2-Butanol market is expected to achieve robust growth, reflecting evolving industrial needs and technological advancements.

    Market Segmentation

    2-Butanol Market End Use Outlook

    • Automotive
    • Chemical Manufacturing
    • Pharmaceuticals
    • FoodBeverage 
    • Personal Care

    2-Butanol Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    2-Butanol Market Application Outlook

    • Solvent
    • Intermediate
    • Fuel Additive
    • Plasticizer
    • Chemical Feedstock

    2-Butanol Market Purity Level Outlook

    • Industrial Grade
    • Laboratory Grade
    • Reagent Grade

    2-Butanol Market Distribution Channel Outlook

    • Direct Sales
    • Distributors
    • Online Retail

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 3.42 (USD Billion)
    Market Size 2025 3.56 (USD Billion)
    Market Size 2035 5.27 (USD Billion)
    Compound Annual Growth Rate (CAGR) 4.01% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2020 - 2024
    Market Forecast Units USD Billion
    Key Companies Profiled Yancheng Hailun Chemical, Alfa Aesar, BASF, Oxea, SABIC, Huntsman, Eastman Chemical, LyondellBasell, Nouryon, Asahi Kasei, Shell, Mitsubishi Gas Chemical, Taminco, Shaanxi BTR
    Segments Covered Application, End Use, Purity Level, Distribution Channel, Regional
    Key Market Opportunities Emerging applications in solvents, Growing demand in pharmaceuticals, Increasing use in coatings, Rise in bio-based production, Expanding industrial uses globally
    Key Market Dynamics Growing demand in solvents, Increasing applications in chemical synthesis, Rising awareness of eco-friendly alternatives, Fluctuating raw material prices, Expanding automotive and paints industries
    Countries Covered North America, Europe, APAC, South America, MEA
     

    FAQs

    What is the expected market size of the 2-Butanol Market in 2034?

    The 2-Butanol Market is expected to be valued at 5.07USD Billion in 2034.

    What is the compound annual growth rate (CAGR) for the 2-Butanol Market from 2025 to 2034?

    The 2-Butanol Market is anticipated to grow at a CAGR of 4.00% from 2025 to 2034.

    Which region is projected to have the largest market share in the 2-Butanol Market by 2032?

    North America is projected to have the largest market share, valued at 1.45 USD Billion by 2032.

    What is the expected size of the 2-Butanol market in Europe in 2032?

    The 2-Butanol market in Europe is expected to reach 1.25 USD Billion in 2032.

    What are the anticipated applications of 2-Butanol and their market values in 2032?

    In 2032, the Solvent application is expected to be valued at 1.7 USD Billion, Intermediate at 1.1 USD Billion, Fuel Additive at 0.9 USD Billion, Plasticizer at 0.6 USD Billion, and Chemical Feedstock at 0.2 USD Billion.

    Who are the key players in the 2-Butanol Market?

    Key players in the 2-Butanol Market include companies such as BASF, Huntsman, and Shell, among others.

    What is the projected market value of the 2-Butanol Market in 2024?

    The market size for 2-Butanol in 2024 is projected to exceed its 2023 valuation of 3.16 USD Billion.

    How much is the 2-Butanol market in the APAC region expected to grow by 2032?

    The APAC region is expected to grow to 1.65 USD Billion by 2032.

    What is the size of the chemical feedstock application market for 2-Butanol in 2032?

    The chemical feedstock application market for 2-Butanol is expected to be valued at 0.2 USD Billion in 2032.

    What growth opportunities are present in the 2-Butanol Market from 2024 to 2032?

    Growth opportunities in the 2-Butanol Market include increasing demand for solvents and fuel additives in various industries.

    Download Free Sample

    Kindly complete the form below to receive a free sample of this Report

    Case Study
    Chemicals and Materials