Global Methyl Isobutyl Carbinol Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Methyl Isobutyl Carbinol Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Application (Plasticizers, Frothers, Corrosion Inhibitors, Lube oils and Hydraulic Fluids, and Other Applications), End-user Industry (Construction, Mining, Automobile, Rubber, and Other End-User Industries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Methyl Isobutyl Carbinol Market was valued at USD 537.6 million in 2023 and is expected to reach USD 741.4 million by 2031 while growing at a CAGR of 4.1% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global methyl isobutyl carbinol market growth. Methyl Isobutyl Carbinol (MIBC), with the molecular formula C6H14O, goes by various names like Methyl amyl alcohol, Isobutyl methyl carbinol, and 4-Methyl-2-pentanol. Classified as a secondary alcohol and belonging to the aliphatic alcohol family, MIBC is a colorless liquid with a mild, sweet odor.
Increasing demand for metals and technological advancements in mining processes are propelling the methyl isobutyl carbinol market. Despite this growth, challenges such as environmental and regulatory concerns, along with fluctuating raw material prices, may impede market expansion.
Furthermore, the global methyl isobutyl carbinol industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Application Analysis
The Global Methyl Isobutyl Carbinol Market is segmented among Plasticizers, Frothers, Corrosion Inhibitors, Lube oils and Hydraulic Fluids, and Other Applications, based on Application. In 2023, Frothers accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End-user Industry Analysis
The Global Methyl Isobutyl Carbinol Market is segmented among Construction, Mining, Automobile, Rubber, and Other End-User Industries, based on End-user Industry. In 2023, Mining accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Methyl Isobutyl Carbinol Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while Europe is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are AkzoNobel N.V., Arkema Group, BASF SE, Celanese Corporation, Cetex Petrochemicals, Deepak Nitrite Ltd., Dow, Eastman Chemical Company, Evonik Industries AG, and Hubei Jusheng Technology Co. Ltd.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Methyl Isobutyl Carbinol Market Dynamics
Drivers
Restraints
Opportunity
4. Global Methyl Isobutyl Carbinol Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Methyl Isobutyl Carbinol Market Segmentation, By Application
Global Methyl Isobutyl Carbinol Market Share Analysis, By Application
Global Methyl Isobutyl Carbinol Market Growth Analysis, By Application
Global Methyl Isobutyl Carbinol Market Trends, By Application
o Plasticizers
o Frothers
o Corrosion Inhibitors
o Lube oils and Hydraulic Fluids
o Other Applications
6. Global Methyl Isobutyl Carbinol Market Segmentation, By End-user Industry
Global Methyl Isobutyl Carbinol Market Share Analysis, By End-user Industry
Global Methyl Isobutyl Carbinol Market Growth Analysis, By End-user Industry
Global Methyl Isobutyl Carbinol Market Trends, By End-user Industry
o Construction
o Mining
o Automobile
o Rubber
o Other End-User Industries
7. Global Methyl Isobutyl Carbinol Market Segmentation, By Region
Global Methyl Isobutyl Carbinol Market Share Analysis, By Region
Global Methyl Isobutyl Carbinol Market Growth Analysis, By Region
Global Methyl Isobutyl Carbinol Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
AkzoNobel N.V.*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Arkema Group
BASF SE
Celanese Corporation
Cetex Petrochemicals
Deepak Nitrite Ltd.
Dow
Eastman Chemical Company
Evonik Industries AG
Hubei Jusheng Technology Co. Ltd
*Similar analysis will be provided for each company listed above.