Product Code: ETC083804 | Publication Date: Jun 2021 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Thailand butyl alcohol market size was estimated at US$ 32 million in 2025 and is projected to register a compound annual growth rate (CAGR) of 3% for the forecast period, driven largely by its widespread application across various industries including automotive lubricants, pharmaceuticals, paint coatings and adhesives manufacturing sectors due to its low volatility, high flash point & good solubility characteristics relative to other alcohols used extensively across these industries. Furthermore, increased investments by key players towards technological advancements have further propelled the demand for butyl alcohol during recent years owing to superior properties offered such as higher viscosity index than normal lubricating oils which makes them suitable for usage under extreme temperatures that can lead higher friction levels within engines thereby resulting significant reduction wear & tear issues experienced during mechanical operations performed through various machines
The Thailand butyl alcohol market benefits from its diverse applications, including its use as a solvent in paints, coatings, and adhesives. The construction and manufacturing sectors are pivotal drivers, as they require solvents for various processes. Additionally, the demand for butyl alcohol in the production of plasticizers, pharmaceuticals, and personal care products adds to the market`s expansion.
In the Thailand butyl alcohol market, challenges include feedstock availability and competition from alternative chemicals. Butyl alcohol production depends on feedstocks derived from crude oil or natural gas, making it susceptible to supply fluctuations. Additionally, the emergence of bio-based chemicals and the need for sustainable production processes present challenges to the market`s traditional sources.
The Thailand butyl alcohol market encountered Covid-19-related disruptions that affected supply chains and demand dynamics. The restrictions on movement and manufacturing activities impacted sectors such as paints, coatings, and automotive, leading to reduced demand for butyl alcohol used in these applications. However, the demand for hand sanitizers and disinfectants containing butyl alcohol surged during the pandemic, compensating for the decline in other areas. As the market adjusts to evolving consumer preferences and industrial needs, the recovery phase is expected to bring about a more stable demand landscape.
Key players in the Thailand butyl alcohol market include BASF SE, Eastman Chemical Company, and OXEA Group. These companies are recognized for their production and distribution of butyl alcohol, which is utilized in coatings, pharmaceuticals, and chemicals. Their commitment to product innovation and safety has positioned them as leaders within the butyl alcohol industry.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Butyl Alcohol Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Butyl Alcohol Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Butyl Alcohol Market - Industry Life Cycle |
3.4 Thailand Butyl Alcohol Market - Porter's Five Forces |
3.5 Thailand Butyl Alcohol Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Butyl Alcohol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Butyl Alcohol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Butyl Alcohol Market Trends |
6 Thailand Butyl Alcohol Market, By Types |
6.1 Thailand Butyl Alcohol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Butyl Alcohol Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Butyl Alcohol Market Revenues & Volume, By Regular Butyl, 2021-2031F |
6.1.4 Thailand Butyl Alcohol Market Revenues & Volume, By Bromo Butyl, 2021-2031F |
6.1.5 Thailand Butyl Alcohol Market Revenues & Volume, By Chloro Butyl, 2021-2031F |
6.2 Thailand Butyl Alcohol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Butyl Alcohol Market Revenues & Volume, By Tires & Lubes, 2021-2031F |
6.2.3 Thailand Butyl Alcohol Market Revenues & Volume, By Adhesive, Sealants, Stoppers, 2021-2031F |
6.2.4 Thailand Butyl Alcohol Market Revenues & Volume, By Industrial & Medical Gloves, 2021-2031F |
6.2.5 Thailand Butyl Alcohol Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Butyl Alcohol Market Import-Export Trade Statistics |
7.1 Thailand Butyl Alcohol Market Export to Major Countries |
7.2 Thailand Butyl Alcohol Market Imports from Major Countries |
8 Thailand Butyl Alcohol Market Key Performance Indicators |
9 Thailand Butyl Alcohol Market - Opportunity Assessment |
9.1 Thailand Butyl Alcohol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Butyl Alcohol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Butyl Alcohol Market - Competitive Landscape |
10.1 Thailand Butyl Alcohol Market Revenue Share, By Companies, 2024 |
10.2 Thailand Butyl Alcohol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |