Methyl Isobutyl Carbinol (MIBC) Market | Growth, Trends, and Forecast (2020

ABOUT THIS REPORT
- Market Snapshot
- Market Overview
- Scope of the Report
- Key Market Trends
- Competitive Landscape
- Major Players
TABLE OF CONTENTS

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

Asia Pacific

CAGR:

3 %

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Market Overview

The market for methyl isobutyl carbinol (MIBC) is expected to expand, at a CAGR of around 3%, during the forecast period. One of the major factors driving the market studied is the surging demand for frothers in copper and molybdenum sulfide ores.

Growing awareness about the toxic effects of MIBC is expected to hinder the growth of the market studied.
Upcoming mining operations in Latin America is expected to act like an opportunity in the market studied.

Scope of the Report

The methyl isobutyl carbinol (MIBC) market report includes:

By Application
		Plasticizers
		Frothers
		Corrosion Inhibitors
		Lube oils and Hydraulic Fluids
		Other Applications

By End-user Industry
		Construction
		Mining
		Automobile
		Rubber
		Other End-user Industries

Geography

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

North America
	United States
	Canada
	Mexico
	Rest of North America

Europe
	Germany
	United Kingdom
	Italy
	France
	Rest of Europe

South America
	Brazil
	Argentina
	Rest of South America

Middle East & Africa
	Saudi Arabia
	South Africa
	Rest of Middle East & Africa

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Key Market Trends

Rising Demand for Plasticizers

In the construction industry, MIBC has major application in paints and surface coatings. Currently, the building and construction industry is a thriving industry in several emerging economies of Asia-Pacific and the South American region, which is expected to drive the usage of the MIBC market.
The global construction market is anticipated to expand over 70% by 2030, resulting in an increase in the demand for methyl isobutyl carbinol.
Moreover, refurbishment and upgrade of existing and mature buildings in countries, like the United States, may further drive the investment in the sector.
For instance, according to the US Census Bureau, in 2018 the value of construction in the United States was around USD 1,293,256 million in construction. In 2018, the value of the residential sector was about USD 545,388 million and non-residential was about USD 747,868 million. This, in turn, is likely to increase the demand for MIBC.
The factors driving the building and construction industry are the ever-increasing population, rapid urbanization, as well as the rise in purchasing power. As a result of the aforementioned factors, investments in infrastructure are being made, and are included in plans.

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China to Dominate the Asia-Pacific Market

China is the largest producer of various metals, such as coal, gold, steel, etc. Infrastructure-driven growth in Asia has resulted in a significant increase in demand for commodities, like iron ore, copper, and coal.
Increasing demand for such commodities from the construction industry has been driving the growth of mining industry in China.
China’s construction industry developing rapidly, due to the central government’s push for infrastructure investment, to sustain economic growth.
The increasing number of mining operations and upcoming government projects in China are providing a lucrative opportunity for the growth of the market in the future.
Aforementioned factors are expected to increase the demand of Methyl Isobutyl Carbinol (MICB) in the forecast period.

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Competitive Landscape

The methyl isobutyl carbinol (MICB) market is fragmented. The major companies include BASF SE, Mitsui Chemicals Inc., Dow, AkzoNobel NV, and Celanese Corporation, among others.

Major Players

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1. INTRODUCTION
1. 1.1 Study Deliverables
2. 1.2 Study Assumptions
3. 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
1. 4.1 Drivers
  1. 4.1.1 Surging Demand for Frothers in Copper and Molybdenum Sulfide Ores
  2. 4.1.2 Increasing Demand for Surface Coating Applications
2. 4.2 Restraints
  1. 4.2.1 Growing Awareness about Toxic Effects of MIBC
3. 4.3 Industry Value Chain Analysis
4. 4.4 Porter's Five Forces Analysis
  1. 4.4.1 Bargaining Power of Suppliers
  2. 4.4.2 Bargaining Power of Consumers
  3. 4.4.3 Threat of New Entrants
  4. 4.4.4 Threat of Substitute Products and Services
  5. 4.4.5 Degree of Competition
5. 4.5 Technological Snapshot
  1. 4.5.1 Production Process
6. 4.6 Patent Analysis
7. 4.7 Trade Analysis
8. 4.8 Price Trends
9. 4.9 Upcoming Projects
10. 4.10 Regulatory Policy Analysis
5. MARKET SEGMENTATION
1. 5.1 By Application
  1. 5.1.1 Plasticizers
  2. 5.1.2 Frothers
  3. 5.1.3 Corrosion Inhibitors
  4. 5.1.4 Lube oils and Hydraulic Fluids
  5. 5.1.5 Other Applications
2. 5.2 By End-user Industry
  1. 5.2.1 Construction
  2. 5.2.2 Mining
  3. 5.2.3 Automobile
  4. 5.2.4 Rubber
  5. 5.2.5 Other End-user Industries
3. 5.3 Geography
  1. 5.3.1 Asia-Pacific
    1. 5.3.1.1 China
    2. 5.3.1.2 India
    3. 5.3.1.3 Japan
    4. 5.3.1.4 South Korea
    5. 5.3.1.5 Rest of Asia-Pacific
  2. 5.3.2 North America
    1. 5.3.2.1 United States
    2. 5.3.2.2 Canada
    3. 5.3.2.3 Mexico
    4. 5.3.2.4 Rest of North America
  3. 5.3.3 Europe
    1. 5.3.3.1 Germany
    2. 5.3.3.2 United Kingdom
    3. 5.3.3.3 Italy
    4. 5.3.3.4 France
    5. 5.3.3.5 Rest of Europe
  4. 5.3.4 South America
    1. 5.3.4.1 Brazil
    2. 5.3.4.2 Argentina
    3. 5.3.4.3 Rest of South America
  5. 5.3.5 Middle East & Africa
    1. 5.3.5.1 Saudi Arabia
    2. 5.3.5.2 South Africa
    3. 5.3.5.3 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
1. 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
2. 6.2 Market Share Analysis**
3. 6.3 Strategies Adopted by Leading Players
4. 6.4 Company Profiles
  1. 6.4.1 AkzoNobel NV
  2. 6.4.2 Arkema Group
  3. 6.4.3 BASF SE
  4. 6.4.4 Celanese Corporation
  5. 6.4.5 Cetex Petrochemicals
  6. 6.4.6 Dow
  7. 6.4.7 Eastman Chemical Company
  8. 6.4.8 EVONIK
  9. 6.4.9 Hubei Jusheng Technology Co. Ltd
  10. 6.4.10 LG Chem
  11. 6.4.11 Mitsubishi Chemical Corporation
  12. 6.4.12 Mitsui Chemicals Inc.
  13. 6.4.13 Monument Chemical
  14. 6.4.14 Rhodia
  15. 6.4.15 Sumitomo Chemical Co. Ltd
  16. 6.4.16 TORAY INDUSTRIES INC.
  17. 6.4.17 WEIFANG YI HUA CHEMICAL CO. LTD

*List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS
1. 7.1 Upcoming Mining Operations in Latin America

** Subject to Availability