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Butanol Market Size, Share and Forecast 2026-2036

The global butanol market is worth USD 5.4 bn in 2026 and is forecast to reach USD 8.7 bn by 2036, growing at a 4.8% CAGR. China is the largest country market and Butyl acrylate is the largest by application segment.

USD 5.4 bnMarket size 2026
USD 8.7 bnForecast 2036
4.8%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global butanol market is worth USD 5.4 bn in 2026 and is forecast to reach USD 8.7 bn by 2036, growing at a 4.8% CAGR. China is the largest country market and Butyl acrylate is the largest by application segment.

ScopeButanol (n-butanol and isobutanol) sold as a solvent and chemical intermediate for acrylates, glycol ethers, coatings, plasticisers and acetates.
IndustryChemicals and Materials
Value 2025USD 5.2 bn
Value 2026USD 5.4 bn
Value 2036USD 8.7 bn
CAGR 2026-20364.8%
Volume 20264,750 thousand tonnes
Volume 20366,738 thousand tonnes
Average price 2026USD 1,144 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

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Butanol market size and forecast, 2026-2036

Exhibit 1The global butanol market is forecast to grow from USD 5.4 bn in 2026 to USD 8.7 bn by 2036, a rise of 60%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 4.8%
Butanol market value, 2025 to 2036Market value by year. 2025: USD 5.2 bn; 2026: USD 5.4 bn; 2027: USD 5.7 bn; 2028: USD 6.0 bn; 2029: USD 6.3 bn; 2030: USD 6.6 bn; 2031: USD 6.9 bn; 2032: USD 7.2 bn; 2033: USD 7.5 bn; 2034: USD 7.9 bn; 2035: USD 8.3 bn; 2036: USD 8.7 bn. Compound annual growth rate 2026 to 2036: 4.8%.20255.4 bn20266.9 bn20318.7 bn20364.8% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 5.4 bn
2027USD 5.7 bn
2028USD 6.0 bn
2029USD 6.3 bn
2030USD 6.6 bn
2031USD 6.9 bn
2032USD 7.2 bn
2033USD 7.5 bn
2034USD 7.9 bn
2035USD 8.3 bn
2036USD 8.7 bn

Butanol market segmentation

By application

Exhibit 2Butyl acrylate is the largest segment by application, with 36.0% of 2026 revenueEstimated share of 2026 global revenue, by application
Butanol market share by application, 2026Share of 2026 revenue by application. Butyl acrylate: 36.0%; Solvents and coatings: 22.0%; Glycol ethers: 12.0%; Other: 12.0%; Butyl acetate: 10.0%; Plasticisers: 8.0%.Butyl acrylate36.0%Solvents and coatings22.0%Glycol ethers12.0%Other12.0%Butyl acetate10.0%Plasticisers8.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Butyl acrylate36.0%39.2%USD 2.0 bn5.7%
Solvents and coatings22.0%20.4%USD 1.2 bn4.0%
Glycol ethers12.0%11.1%USD 652 mn4.0%
Butyl acetate10.0%9.4%USD 543 mn4.2%
Plasticisers8.0%6.9%USD 435 mn3.2%
Other12.0%13.1%USD 652 mn5.7%

By end use

Exhibit 3Paints and coatings adds the most revenue by end use, growing from USD 1.7 bn in 2026 to USD 2.7 bn by 2036Estimated revenue in USD by end use, 2026 and 2036 forecast
Butanol market by end use, 2026 and 2036Revenue by end use in 2026 and 2036. Paints and coatings: USD 1.7 bn in 2026, USD 2.7 bn in 2036, change +54%; Plastics and polymers: USD 978 mn in 2026, USD 1.5 bn in 2036, change +57%; Adhesives and sealants: USD 869 mn in 2026, USD 1.5 bn in 2036, change +73%; Other: USD 924 mn in 2026, USD 1.5 bn in 2036, change +61%; Pharmaceuticals and personal care: USD 435 mn in 2026, USD 750 mn in 2036, change +73%; Textiles: USD 489 mn in 2026, USD 731 mn in 2036, change +50%.20262036 forecastChangePaints and coatings+54%1.7 bn2.7 bnPlastics and polymers+57%978 mn1.5 bnAdhesives and sealants+73%869 mn1.5 bnOther+61%924 mn1.5 bnPharmaceuticals and personal care+73%435 mn750 mnTextiles+50%489 mn731 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Paints and coatings32.0%30.8%USD 1.7 bn4.4%
Adhesives and sealants16.0%17.3%USD 869 mn5.6%
Plastics and polymers18.0%17.7%USD 978 mn4.6%
Textiles9.0%8.4%USD 489 mn4.1%
Pharmaceuticals and personal care8.0%8.6%USD 435 mn5.6%
Other17.0%17.2%USD 924 mn4.9%

By isomer

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
n-Butanol76.0%74.0%USD 4.1 bn4.5%
Isobutanol17.0%18.0%USD 924 mn5.4%
Secondary and tertiary butanol7.0%8.0%USD 380 mn6.2%

By production route

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Oxo process (propylene)88.0%84.0%USD 4.8 bn4.3%
Reppe and other petrochemical routes8.0%7.0%USD 435 mn3.4%
Bio-based fermentation4.0%9.0%USD 217 mn13.7%

By supply mode

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Captive and integrated44.0%41.0%USD 2.4 bn4.1%
Merchant contract40.0%40.0%USD 2.2 bn4.8%
Spot and traded16.0%19.0%USD 869 mn6.6%

Top 25 countries for butanol by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 80.5% of 2026 revenue and the 25 countries below together hold 94.5%.

Exhibit 4China is the largest country market at USD 2.0 bn in 2026, and the three largest countries hold 54.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Butanol market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 2.0 bn, 36.0%; United States: USD 652 mn, 12.0%; Germany: USD 326 mn, 6.0%; India: USD 326 mn, 6.0%; South Korea: USD 272 mn, 5.0%; Japan: USD 217 mn, 4.0%; Brazil: USD 163 mn, 3.0%; Indonesia: USD 163 mn, 3.0%; Taiwan: USD 163 mn, 3.0%; Netherlands: USD 136 mn, 2.5%.China2.0 bn 36.0%United States652 mn 12.0%Germany326 mn 6.0%India326 mn 6.0%South Korea272 mn 5.0%Japan217 mn 4.0%Brazil163 mn 3.0%Indonesia163 mn 3.0%Taiwan163 mn 3.0%Netherlands136 mn 2.5%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 2.0 bn36.0%USD 3.3 bn5.3%
2United StatesUSD 652 mn12.0%USD 929 mn3.6%
3GermanyUSD 326 mn6.0%USD 443 mn3.1%
4IndiaUSD 326 mn6.0%USD 651 mn7.2%
5South KoreaUSD 272 mn5.0%USD 399 mn3.9%
6JapanUSD 217 mn4.0%USD 295 mn3.1%
7BrazilUSD 163 mn3.0%USD 252 mn4.5%
8IndonesiaUSD 163 mn3.0%USD 295 mn6.1%
9TaiwanUSD 163 mn3.0%USD 234 mn3.7%
10NetherlandsUSD 136 mn2.5%USD 182 mn3.0%
11FranceUSD 69 mn1.3%USD 102 mn3.9%
12ItalyUSD 60 mn1.1%USD 89 mn3.9%
13United KingdomUSD 60 mn1.1%USD 89 mn3.9%
14MexicoUSD 56 mn1.0%USD 95 mn5.4%
15ThailandUSD 56 mn1.0%USD 95 mn5.4%
16RussiaUSD 52 mn0.9%USD 82 mn4.7%
17Saudi ArabiaUSD 52 mn0.9%USD 88 mn5.4%
18SpainUSD 52 mn0.9%USD 82 mn4.7%
19BelgiumUSD 47 mn0.9%USD 76 mn4.8%
20MalaysiaUSD 47 mn0.9%USD 81 mn5.5%
21TurkeyUSD 47 mn0.9%USD 81 mn5.5%
22PolandUSD 43 mn0.8%USD 73 mn5.5%
23VietnamUSD 43 mn0.8%USD 78 mn6.2%
24CanadaUSD 39 mn0.7%USD 62 mn4.8%
25SingaporeUSD 39 mn0.7%USD 62 mn4.8%
Rest of worldUSD 298 mn5.5%USD 489 mn5.1%
Exhibit 5China and India account for 51% of the USD 3.3 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Butanol market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 5.4 bn. China: +USD 1.3 bn; India: +USD 325 mn; United States: +USD 277 mn; Indonesia: +USD 132 mn; South Korea: +USD 128 mn; 20 other countries: +USD 871 mn; Rest of world: +USD 191 mn. Market value 2036: USD 8.7 bn.Market value 20265.4 bnChina+1.3 bnIndia+325 mnUnited States+277 mnIndonesia+132 mnSouth Korea+128 mn20 other countries+871 mnRest of world+191 mnMarket value 20368.7 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • BASF
  • Dow
  • OQ Chemicals
  • Eastman

Group 2: Regional and specialist players

  • LG Chem
  • Sasol
  • Mitsubishi Chemical Group
  • Petronas Chemicals Group
  • Perstorp
  • Zibo Qixiang Tengda Chemical
  • Sinopec
  • YNCC

Group 3: Emerging and niche players

  • Gevo

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the butanol market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 4.8% is calculated from the resulting values.

The market is divided by application, by end use, by isomer, by production route, by supply mode. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the butanol market?

The global butanol market is estimated at USD 5.2 bn in 2025 and USD 5.4 bn in 2026.

How fast will the butanol market grow?

It is forecast to reach USD 8.7 bn by 2036, a compound annual growth rate of 4.8% from 2026, an increase of USD 3.3 bn.

Which country is the largest market for butanol?

China is the largest market by revenue at USD 2.0 bn in 2026, 36.0% of the global total. The three largest countries together hold 54.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 7.2% a year from 2026 to 2036.

Which butanol segment is largest?

In the by application split, Butyl acrylate is the largest segment with 36.0% of 2026 revenue.

Who are the leading butanol companies?

Global leaders include BASF, Dow, OQ Chemicals, Eastman.

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