The global demand for Methyl Isobutyl Carbinol Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period of 2022-2028. Whereas with regards to volume, the market was calculated XX KT in 2021 and foreseen to touch XX KT by 2028 with a CAGR of XX% during 2020-2026.
Methyl Isobutyl Carbinol or referred to as MBIC is an organic chemical compound, a colorless liquid C6 branched alcohol. It is slightly solubility in water, but is miscible with most organic solvents. Methyl Isobutyl Carbinol is used as a solvent for dyestuffs, oils, gums, resins, waxes, nitrocellulose, and ethyl cellulose. MIBC is also used in organic synthesis, mineral floatation, and in brake fluids. MIBC is used as a latent solvent for coating films, improving flow ability, reducing viscosity and adjusting the cure rate. MBIC has used in various areas of application such as foamer in mining, solvent for nitrocellulose and methylcellulose lacquers, oil, ester gums, natural resins, phenols and waxes, extractant in essential oils for flavours and fragrances, diluent for hydraulic oil and process solvents for soap.
Rising demand for automotive sector owing to rapid urbanization and increasing purchase power may result in growth of lubrication additive oil market. Methyl isobutyl carbonate is mainly used in the synthesis of lubrication additive oil. The increase in demand for lubes oil additives will drive the product demand. The increase in demand of steel owing to growth of construction and real estate business will results in increased demand of molybdenum and will eventually drives the methyl isobutyl carbinol (MIBC) market. Growing awareness about the toxic effects of MIBC is expected to hinder the market growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Methyl Isobutyl Carbinol.
The entire Methyl Isobutyl Carbinol market has been sub-categorized into type, application, and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By End User
- Lube oils and Hydraulic Fluids
This section covers regional segmentation which accentuates on current and future demand for Methyl Isobutyl Carbinol market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Methyl Isobutyl Carbinol Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Methyl Isobutyl Carbinol market include Shell Chemicals, BASF, Dow Chemical, E. I. du Pont de Nemours and Company, Mitsubishi Chemical, LG Chem, AkzoNobel, Sumitomo Chemical, Mitsui Chemicals, Toray Industries, Eastman Chemical Company, and Evonik Industries. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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