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Methyl Isobutyl Carbinol (MIBC) Market Key Insights
Methyl Isobutyl Carbinol (MIBC) Market Analysis by Regions
Methyl Isobutyl Carbinol (MIBC) Market Analysis by Segments
Methyl Isobutyl Carbinol (MIBC) Market Size (current and future)
Methyl Isobutyl Carbinol (MIBC) Market Competitive Benchmarking
2 years ago
MARKET SUMMARY
Market Size and Forecast
The Methyl Isobutyl Carbinol Market is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow to reach USD 78.75 million by 2028, registering a CAGR of more than 4.1% during 2022-2028.
The Methyl Isobutyl Carbinol Market...
Methyl Isobutyl Carbinol (MIBC) is a chemical compound that has been used as a natural coloring agent and as an antioxidant in foods and cosmetics. It is also used as a solvent. MIBC can be found in many different products, such as soft drinks, energy drinks, fruit juices, alcoholic beverages, and fragrances. Methyl Isobutyl Carbinol (MIBC) is a derivative of butane, with the methyl group substituting for the isobutyl group. MIBC is produced from propylene and butane, and it has a variety of industrial applications, such as polypropylene production, solvent recovery, and food preservation. The market for MIBC is growing due to its ability to improve various industrial processes.
Methyl Isobutyl Carbinol (MIBC) is a natural and renewable fuel that possesses high-performance criteria, such as low global warming potential, low sulfur content, and non-toxic. It has been used in aviation gasoline, agrochemicals, pharmaceuticals, and other applications.
The global methyl isobutyl carbinol market was valued at US$** billion in 2018 and is expected to grow at a CAGR of **% between 2018 and 2031.
Some key players in the methyl isobutyl carbinol market are Dow, BASF SE, AkzoNobel NV, Eastman Chemical Company, and Celanese Corporation.
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