Inflation & Recession Effects on Tert‑Butanol Market in North America 2028
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The tert butanol market in North America is expected to grow from US$ 1,208.95 million in 2021 to US$ 1,424.75 million by 2028; it is estimated to grow at a CAGR of 2.4% from 2021 to 2028.
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The US, Canada, and Mexico are major economies in North America. The tert butanol market in North America has significant opportunities due to the high demand for tert butanol form various end-use industries, such as pharmaceuticals, and paint and coatings. Due to growing building and construction activities in North America, the demand for tert butanol is increasing from the downstream solvent and paint industries. There is a growing use of tert butanol as a chemical intermediate for a range of products. Dehydrated tert butanol in the form of high purity isobutylene has wide applications in fuel additives and lubricants.
