1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Methyl Isobutyl Carbinol Market will witness a substantial growth by 2025: Global Market Insights, Inc.

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America methyl isobutyl carbinol market demand led by the U.S and Canada should witness a significant growth during forecasted period owing to growth in automobile sector. Automobiles sales in the U.S. was at over 17 million units in 2018 which has increased the demand for lubricants. U.S. accounts for over 2.4 billion gallon of lubricants in 2018. Growing demand for lubricants may drive the demand for lubrication oil additives as MIBC is used in manufacturing of lubes oil additives, which may foster regional methyl isobutyl carbinol (MIBC) market growth.  Europe driven by France, Italy, UK, and Germany methyl isobutyl carbinol market size may witness moderate growth during forecasted period. Europe copper demand accounted for over 4 million tons in 2018. The increase in demand of copper and other metals owing to growth in automobile sector specially the significant rise in electric vehicle and growth in power sector will boost the regional product growth. Regional Analysis of Methyl Isobutyl Carbinol Market :

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Application Analysis of Methyl Isobutyl Carbinol Market :  By application global MIBC market is categorized into four segments including lubes oil and hydraulic fluids, painting and coating, mining and plasticizers. The product application for mining contributes a significant share owing to increasing demand of metal. Lubes oil additives is another major application area of MIBC owing to growth in automobile sector followed by product application in coating, painting and plasticizers.  Increasing demand for automotive sector owing to rapid urbanization and increasing purchase parity may result in growth of lubrication additive oil market. The lubrication oil additives market accounted at over USD 15 billion in 2017. Methyl isobutyl carbonate is primarily used in the synthesis of lubrication additive oil. The increase in demand for lubes oil additives will drive the product demand.  Refined copper consumption may increase owing to growing demand of power sector and rise in the production of electric vehicles. The global market for copper accounted at over 23.6 million tons in 2018. Methyl isobutyl carbinol is used as a floatation frother for refining process of copper ore, which may drive the methyl isobutyl carbinol market.

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global methyl isobutyl carbinol market share is fragmented as market consist of several significant players. Companies like BASF SE, Toray Industries, Shell Chemicals, Celanese Corporation, Dow Chemical and Mitsui Chemicals are key players in this market.  The global market for plasticizers was accounted at over USD 13 billion in 2018. MIBC is utilized as a raw material in the production of methyl amyl phthalate and methyl amyl sebacate, which are utilized as plasticizers. Increasing demand for plasticizers for various applications like cables/wires, flooring and wall, film and sheet coverings, consumer goods, coated fabrics, and other applications, may stimulate the product demand.  Refined copper consumption may increase owing to growing demand of power sector and rise in the production of electric vehicles. The global market for copper accounted at over 23.6 million tons in 2018. Methyl isobutyl carbinol is used as a floatation frother for refining process of copper ore, which may drive the methyl isobutyl carbinol market. Competitive Market Share of Methyl Isobutyl Carbinol Market :

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