Butyl Acrylate: A N-Butanol Byproduct-Market Forecast to 2018

 

Butyl Acrylate : A  N-Butanol by-product

Butyl Acrylate is a by-product of N-Butanol where N-Butanol is basically an alcohol derived from synthesis of  petrochemical feedstock propylene and Syngas. Butyl acrylate is a clear colorless liquid chemical which is miscible with most of the organic solvents. It has wide range of properties and applications based on the reaction conditions.

 Butyl Acrylate : C₇H₁₂O₂

Source : commons.wikimedia.org

Applications of Butyl Acrylate

It acts as a raw material in production of  following :

• Homopolymers and co-polymers such as acrylic acid and its salts. 
• Esters, vinyl acetate, acrylonitrile, methacrylates, vinylidene chloride, maleates, amides, vinyl chloride. 
• Unsaturated polyesters.

Butyl Acrylate Market

The Butyl Acrylate market is seeing a rapid growth in recent years. As Butyl Acrylate is produced from N-Butanol, the increased demand of this alcohol leads to rise in revenue of Butyl Acrylate market. the other reason being vast applications of Butyl Acrylate ranging from acrylic coatings, textiles, cosmetics, car care products, pharmaceuticals, lacquers. The N-Butanol market share is dominated by Butyl Acrylate.

The key players in the market are BASF SE (Germany), The DOW Chemical Company (U.S.), OXEA GmbH (Germany), Sasol Ltd (South Africa), Formosa Plastics Corp (Taiwan), KH Neochem Co Ltd (Japan), BASF-PETRONAS Chemicals Sdn. Bhd. (Malaysia), Eastman Chemical Company (U.S.), CNPC (China), INEOS Oxide Ltd (U.S.),  Mitsubishi Chemical Corporation (Japan).

Butyl Acrylate Market Forecast to 2018

The N-Butanol Market is estimated to grow to worth USD 9.4 Billion by 2018. Asia-Pacific is the market leader holding almost half of the market share followed by North America and Europe. The major market is focused on the Butyl Acrylate high application rate.The rest of the world is estimated the fastest growing market in coming years with CAGR of 9% from 2013 to 2018.

For more details, Follow the link below :

http://www.prweb.com/releases/n-butanol-market/09/prweb11078304.htm