Tert-Butanol (75-65-0) Market Size, Share, By Purity (Above 99%, 99% - 95%), By Application (Drug Research, Biological Research, Chemical Manufacturing, and Others), and By Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America) - Trends, Analysis, and Forecast till 2034

Report Code: PMI531124 | Publish Date: June 2024 | No. of Pages: 185

Tert Butanol 75 65 0 Market Overview

Tert-Butanol (75-65-0) Market Size was valued at USD 46.53 Billion in 2024 and is expected to reach USD 83.70 Billion by 2034, growing at a CAGR of 6.7%.

Tert-Butanol (75-65-0) is an organic, colorless substance with extensive application as a solvent, ethanol denaturant, paint remover ingredient, gasoline octane enhancer, and fragrance. It is manufactured commercially as a byproduct of isobutane's conversion to propylene oxide. Because tert-butanol is becoming more and more necessary in various industries, including pharmaceuticals, paints and coatings, and flavours and perfumes, the market for it is expanding.

The most basic tertiary alcohol is tert-butyl alcohol, which has the formula (CH3)3COH (also written as t-BuOH). Butan-2-ol, isobutanol, and 1-butanol are its isomers. Tert-Butyl alcohol is a colorless solid with a smell similar to camphor that melts at about room temperature. It mixes well with ethanol, water, and diethyl ether.

The growing chemical and pharmaceutical sectors, particularly in medicinal and biological research as well as raw ingredients for different chemicals, are the main drivers of the test-butanol market. However, production-related environmental issues and the restricted availability of high-purity grades in particular areas may serve as barriers.

Tert Butanol 75 65 0 Market Dynamics

Key Drivers of Target Market:

Growing Chemical Sector:

  • Tert-butanol finds widespread application as a solvent in the chemical sector. The chemical industry uses Tert-butanol as a raw material or intermediate for a variety of products, including methyl tert-butyl ether (MTBE), which is used as a gasoline additive but is becoming less common due to environmental concerns, and isobutylene, which is used in rubber and plastics. The chemical industry's expansion generates demand for tert-butanol. Therefore, any growth in the chemical production sector may be the primary driver of the need for tert-butanol.

Developments in Medical Studies:

  • Research and development of novel pharmaceuticals are driving the ongoing growth of the pharmaceutical sector globally. As a result, there is an increasing need for high-purity tert-butanol as an intermediary, solvent, and assistance in crystallisation in a variety of drug discovery and production procedures.

Restrains:

Strict Ecological Laws:

  • Inappropriate handling of tert-butanol can result in flammability and environmental issues. Tert-butanol's use in some applications may be restricted by strict rules governing emissions, production procedures, and disposal, which may also raise production costs. Consequently, an increasing awareness of environmental issues and a shift to sustainable practices may affect the market for certain chemicals, including tert butanol. Customer problems may arise if they think a company's products are not eco-friendly.

Opportunities:

Creation of Ecological Production Methods:

  • Due to the increased emphasis on sustainability and environmental responsibility, demand for Tert-Butanol may increase as businesses look for more environmentally friendly substitutes. Research and development initiatives aimed at developing cleaner and more sustainable manufacturing methods for tert-butanol can address environmental problems and make new markets with more stringent rules accessible.

Tert Butanol 75 65 0 Market Segmentation

The market is segmented based on Purity, Application, and Region.

Purity Insight:

  • Above 99%: Above 99% purity is a market category that serves uses like pharmaceutical production and research that demand the highest purity level. Fewer contaminants reduce the possibility of contamination throughout the drug development process, assure predictable reactions, and ensure the effectiveness and safety of the finished products.
  • 99% - 95%: 99% - 95% purity grade provides a cost-purity balance. It can be used in many biological research applications where the main focus may be on protein extraction, cell culture experiments, or other lab processes that can accept minor deviations, but excellent purity is still crucial.

Application Insights

  • Drug Research: High-purity tert-butanol is used in drug development. It's useful for crystallising and purifying drug candidates. It also functions as a solvent in various reactions and synthesis procedures.
  • Biological Research: Tert-butanol is used in biological research for cell culture experiments, protein extraction procedures, and as an element of several buffer solutions. The particular application determines the necessary purity level.
  • Chemical Manufacturing: Tert-butanol is used in chemical manufacturing as an intermediary or a starting material for synthesizing other compounds. Two examples are methyl tert-butyl ether (MTBE), once employed as a fuel additive, and isobutylene, a building block for synthetic rubber and plastics.
  • Others: The Others section has a broader range of applications, such as coatings, electronics production, and fuel additives (restricted in some countries due to environmental concerns).

Regional Insights

  • North America: With a large concentration of important pharmaceutical businesses and research facilities, North America leads the world in the tert-butanol market. To develop new drugs, there is a significant need for high-purity tert-butanol.
  • Asia Pacific: Asia Pacific's pharmaceutical and chemical sectors are expanding at the fastest rate, driving the region's tert-butanol market. As a result, demand for tert-butanol in all purity grades is rising.
  • Europe: Europe is yet another developed market with a robust industrial and pharmaceutical industry. Due to Europe's growing chemical sector, tert-butanol is in demand as a raw material for a variety of chemical products.
  • Latin America: The increasing pharmaceutical businesses are driving up demand for tert-butanol. In this emerging sector, efficiency and safety standards can be raised by investing in cutting-edge tert-butanol production and deployment technologies.
  • Middle East and Africa: Although the MEA region has potential for growth in the future, the current market size is constrained by a lack of access to advanced applications and infrastructure. Tert-butanol's use as a raw material in the chemical industry may be the main factor driving demand for it in the MEA region.

Tert-Butanol (75-65-0) Market Report Scope:

Attribute

Details

Market Size 2024

USD 46.53 Billion

Projected Market Size 2034

USD 83.70 Billion

CAGR Growth Rate

6.7%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Purity - Above 99%, 99% - 95%

By Application - Drug Research, Biological Research, Chemical Manufacturing, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study segmented the target market report based on Purity, Application, and Region:

Segmentation:

By Purity:

  • Above 99%
  • 99% - 95%

By Application:

  • Drug Research
  • Biological Research
  • Chemical Manufacturing
  • Others

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Tert Butanol 75 65 0 Market Key Players

The key players operating in the Tert-Butanol (75-65-0) Market include Jinan Jieao Chemical, Jinan Huifengda Chemical, Zouping Mingxing Chemical, scienTEST—bioKEMIX GmbH, Bramha Scientific, CM Fine Chemicals, and Tengzhou Xiang Yuan Aroma Chemicals.

Tert Butanol 75 65 0 Market Company Profile

  • Jinan Jieao Chemical *
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Jinan Huifengda Chemical
  • Zouping Mingxing Chemical
  • scienTEST - bioKEMIX GmbH
  • Bramha Scientific
  • CM Fine Chemicals
  • Tengzhou Xiang Yuan Aroma Chemicals

“*” marked represents similar segmentation in other categories in the respective section

Tert Butanol 75 65 0 Market Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Purity
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Market Segmentation, Purity, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Above 99%
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • 99% - 95%
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
      • Segment Trends
  5. Market Segmentation, Application, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Segment Trends
    • Drug Research
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Biological Research
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Chemical Manufacturing
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
    • Others
      • Overview
      • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
  6. Global Market, By Region, Forecast Period up to 10 Years, (US$ Bn)
    • Overview
      • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
      • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • U.S
        • Canada
    • Asia Pacific
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • India
        • Japan
        • South Korea
        • China
        • Rest of Asia Pacific
    • Europe
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • UK
        • Germany
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Latin America
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Market Size and Forecast (US$ Bn), By Purity, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Application, Forecast Period up to 10 Years
      • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East and Africa
  7. Competitive Landscape
  • Heat Map Analysis
  • Company Profiles
    • Jinan Jieao Chemical
    • Jinan Huifengda Chemical
    • Zouping Mingxing Chemical
    • scienTEST - bioKEMIX GmbH
    • Bramha Scientific
    • CM Fine Chemicals
    • Tengzhou Xiang Yuan Aroma Chemicals

The Last Word

  • Future Impact
  • About Us
  • Contact

FAQs

Tert-Butanol (75-65-0) Market Size was valued at USD 46.53 Billion in 2024 and is expected to grow at a CAGR of 6.7% to reach USD 83.70 Billion by 2034.

The Tert-Butanol (75-65-0) Market is segmented into Purity, Application, and Region.

The market is driven by developments in medicinal research and is further fueled by the chemical industry's growth.

Restraints of the Tert-Butanol (75-65-0) Market include strict rules and regulations to be maintained as a market restraining factor.

The Tert-Butanol (75-65-0) Market is segmented by region into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is expected to dominate the Market.

The key players operating in the Tert-Butanol (75-65-0) Market include Jinan Jieao Chemical, Jinan Huifengda Chemical, Zouping Mingxing Chemical, scienTEST—bioKEMIX GmbH, Bramha Scientific, CM Fine Chemicals, and Tengzhou Xiang Yuan Aroma Chemicals.