Methyl Isobutyl Carbinol (MIBC) Market Size to Grow by USD 78.75 million | Increasing Demand from the Construction Industry to Drive Growth | Discover Company Insights in Technavio

NEW YORK, April 27, 2022 /PRNewswire/ -- The methyl isobutyl carbinol (MIBC) market size is expected to grow by USD 78.75 mn from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 3.02%, according to Technavio. The report extensively covers methyl isobutyl carbinol (MIBC) market segmentation by end-user (building and construction, mining, automobile, aerospace, and others) and geography (APAC, North America, Europe, South America, and the Middle East and Africa).

Technavio has announced its latest market research report titled Methyl Isobutyl Carbinol (MIBC) Market by End-user and Geography - Forecast and Analysis 2022-2026

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The methyl isobutyl carbinol (MIBC) market covers the following areas:

Methyl Isobutyl Carbinol (MIBC) Market Sizing
Methyl Isobutyl Carbinol (MIBC) Market Forecast
Methyl Isobutyl Carbinol (MIBC) Market Analysis

Driver and Challenge

The increasing demand from the construction industry is driving the global methyl isobutyl carbinol (MIBC) market growth. Construction is currently a growing business in various rising economies in APAC and South America. In seasonally adjusted figures, private sector dwellings scaled 15.1% monthly and 57.5% annually in February 2021, according to the Australian Bureau of Statistics (ABS). According to the United States Census Bureau, in the fourth quarter of 2019 (October to December), repair and maintenance of non-housing and public housing grew by 1.6% and 0.9 %, respectively, in the UK. Furthermore, construction output in November 2020 was 0.6% higher than in February 2020, with repair and maintenance work increasing by 7.4%. Such factors are expected to drive market growth during the forecast period.

The hazardous effects of MIBC derivatives is challenging the global methyl isobutyl carbinol market growth. In addition, changes in demand and the availability of alternatives are also expected to have a detrimental influence on the industry in the near future. Acute (short-term) MIBC exposure can lead to weariness, headache, nausea, lightheadedness, vomiting, dizziness, incoordination, and narcosis. Chronic long-term occupational exposure to methyl isobutyl ketone has been linked to nausea, headaches, eye burning, lethargy, insomnia, gastrointestinal pain, and minor liver enlargement in humans. Such factors are expected to limit the MIBC market growth in the coming years.

Regional Analysis

APAC is expected to account for 44% of the market's growth during the forecast period. The significant increase in the demand for chemicals from the mineral ore processing industry will drive the methyl isobutyl carbinol (MIBC) market growth in APAC during the forecast period. A major portion of the world's metal and mineral reserves, such as aluminum, coal, iron, and others, are present in APAC. Countries such as China, India, Australia, Malaysia, and others witness a high rate of mining operations. Market growth in this region will be faster than the growth of the market in other regions. China and Japan are the key countries for the methyl isobutyl carbinol (MIBC) market in APAC.

Companies Mentioned

  • Akzo Nobel NV
  • Aug. Hedinger GmbH and Co. KG
  • Cameo Chemicals
  • Celanese Corp.
  • Cetex Petrochemicals Ltd.
  • Eastman Chemical Co.
  • Hebei Xinji Chemical Group Co.Ltd.
  • Mitsubishi Chemical Corp.
  • Mitsui Chemicals Inc.
  • Monument Chemical
  • Redox Pty Ltd.
  • Royal Dutch Shell Plc
  • Solvay SA
  • Stobec Inc.
  • Sumitomo Chemical Co. Ltd.
  • Wego Chemical Group Inc.
  • WEIFANG YI HUA CHEMICAL CO. LTD.
  • Arkema SA
  • BASF SE
  • Dow Inc.

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Methyl Isobutyl Carbinol (MIBC) Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.02%

Market growth 2022-2026

USD 78.75 million

Market structure

Fragmented

YoY growth (%)

1.8

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 44%

Key consumer countries

US, Canada, China, Japan, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Akzo Nobel NV, Aug. Hedinger GmbH and Co. KG, Cameo Chemicals, Celanese Corp., Cetex Petrochemicals Ltd., Eastman Chemical Co., Hebei Xinji Chemical Group Co.Ltd., Mitsubishi Chemical Corp., Mitsui Chemicals Inc., Monument Chemical, Redox Pty Ltd., Royal Dutch Shell Plc, Solvay SA, Stobec Inc., Sumitomo Chemical Co. Ltd., Wego Chemical Group Inc., WEIFANG YI HUA CHEMICAL CO. LTD., Arkema SA, BASF SE, and Dow Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Key Topics Covered:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

  • 5.1 Market segments
    • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
  • 5.2 Comparison by End-user
    • Exhibit 26: Chart on Comparison by End-user
    • Exhibit 27: Data Table on Comparison by End-user
  • 5.3 Building and construction - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Building and construction - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Building and construction - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Building and construction - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Building and construction - Year-over-year growth 2021-2026 (%)
  • 5.4 Mining - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Mining - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Mining - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Mining - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Mining - Year-over-year growth 2021-2026 (%)
  • 5.5 Automobile - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Automobile - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Automobile - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Automobile - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Automobile - Year-over-year growth 2021-2026 (%)
  • 5.6 Aerospace - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Aerospace - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Aerospace - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Aerospace - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Aerospace - Year-over-year growth 2021-2026 (%)
  • 5.7 Others - Market size and forecast 2021-2026
    • Exhibit 44: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 45: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 46: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 47: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.8 Market opportunity by End-user
    • Exhibit 48: Market opportunity by End-user ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 49: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 50: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 51: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 52: Chart on Geographic comparison
    • Exhibit 53: Data Table on Geographic comparison
  • 7.3 APAC - Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.4 North America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.5 Europe - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 66: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 78: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 Japan - Market size and forecast 2021-2026
    • Exhibit 86: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 87: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 88: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 89: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.12 Canada - Market size and forecast 2021-2026
    • Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 94: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 97: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 98: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 99: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 100: Matrix on vendor position and classification
  • 10.3 Akzo Nobel NV
    • Exhibit 101: Akzo Nobel NV - Overview
    • Exhibit 102: Akzo Nobel NV - Business segments
    • Exhibit 103: Akzo Nobel NV - Key news
    • Exhibit 104: Akzo Nobel NV - Key offerings
    • Exhibit 105: Akzo Nobel NV - Segment focus
  • 10.4 Arkema SA
    • Exhibit 106: Arkema SA - Overview
    • Exhibit 107: Arkema SA - Business segments
    • Exhibit 108: Arkema SA - Key news
    • Exhibit 109: Arkema SA - Key offerings
    • Exhibit 110: Arkema SA - Segment focus
  • 10.5 BASF SE
    • Exhibit 111: BASF SE - Overview
    • Exhibit 112: BASF SE - Business segments
    • Exhibit 113: BASF SE - Key news
    • Exhibit 114: BASF SE - Key offerings
    • Exhibit 115: BASF SE - Segment focus
  • 10.6 Celanese Corp.
    • Exhibit 116: Celanese Corp. - Overview
    • Exhibit 117: Celanese Corp. - Business segments
    • Exhibit 118: Celanese Corp. - Key news
    • Exhibit 119: Celanese Corp. - Key offerings
    • Exhibit 120: Celanese Corp. - Segment focus
  • 10.7 Cetex Petrochemicals Ltd.
    • Exhibit 121: Cetex Petrochemicals Ltd. - Overview
    • Exhibit 122: Cetex Petrochemicals Ltd. - Product / Service
    • Exhibit 123: Cetex Petrochemicals Ltd. - Key offerings
  • 10.8 Dow Inc.
    • Exhibit 124: Dow Inc. - Overview
    • Exhibit 125: Dow Inc. - Business segments
    • Exhibit 126: Dow Inc. - Key offerings
    • Exhibit 127: Dow Inc. - Segment focus
  • 10.9 Eastman Chemical Co.
    • Exhibit 128: Eastman Chemical Co. - Overview
    • Exhibit 129: Eastman Chemical Co. - Business segments
    • Exhibit 130: Eastman Chemical Co. - Key offerings
    • Exhibit 131: Eastman Chemical Co. - Segment focus
  • 10.10 Mitsui Chemicals Inc.
    • Exhibit 132: Mitsui Chemicals Inc. - Overview
    • Exhibit 133: Mitsui Chemicals Inc. - Business segments
    • Exhibit 134: Mitsui Chemicals Inc. - Key offerings
    • Exhibit 135: Mitsui Chemicals Inc. - Segment focus
  • 10.11 Monument Chemical
    • Exhibit 136: Monument Chemical - Overview
    • Exhibit 137: Monument Chemical - Product / Service
    • Exhibit 138: Monument Chemical - Key offerings
  • 10.12 Solvay SA
    • Exhibit 139: Solvay SA - Overview
    • Exhibit 140: Solvay SA - Business segments
    • Exhibit 141: Solvay SA - Key offerings
    • Exhibit 142: Solvay SA - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 143: Inclusions checklist
    • Exhibit 144: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 145: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 146: Research methodology
    • Exhibit 147: Validation techniques employed for market sizing
    • Exhibit 148: Information sources
  • 11.5 List of abbreviations
    • Exhibit 149: List of abbreviations

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