Pune, India -- (SBWire) -- 03/13/2020 --The Global Oxo Alcohols Market is expected to reach USD 21.5 billion by 2025, from USD 15.1 billion in 2017 growing at a CAGR of 4.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Oxo Alcohols Market, By Type (N-Butanol, 2- Ethylhexanol, ISO Butanol, Other OXO Alcohols), Application (Acrylates, Glycol Ethers, Acetates, Lubes, Resins, Solvents, Plasticizers, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East And Africa)- Industry Trends and Forecast to 2025
Complete report on Global Oxo Alcohols Market Research Report 2019-2026 spread across 350 Pages, profiling Top companies and supports with tables and figures
Market Definition: Global Oxo Alcohols Market
Oxo alcohols are prepared by a two-step process. Firstly it is to convert ole fins to alcohols by reaction with syn gas followed by hydrogenation of the resultant aldehyde. This is done in the presence of rhodium catalyst. Different olefins such as propylene, ethylene and acetylene are used for the preparation of different kinds of oxo alcohols. The key oxo alcohols for various end-user industries are isononanol, 2-ethylhexanol, 2-propylheptanol, n-butanol and iso-butanol. They are used in the manufacturing of phthalates as a solvents and intermediates. Phthalates are used for manufacturing vinyl plasticizers. These plasticizers have applications in various end-use industries such as automotive, buildings & construction, and consumer goods. These applications account for the major driving factors for this market. The market for Oxo-alcohols is chiefly driven by escalating demand from the plasticizers as well as the solvents industry. In May 2017, Ineos acquired Arkema's oxo alcohol business for integrating the Oxochimie joint venture and growing the global market presence in oxo alcohols, aldehydes & derivatives. They produce butanol, 2-ethyl hexanol and oxoaldehydes on behalf of its parent companies.
Key Questions Answered in Global Oxo Alcohols Market Report:-
Our Report offers:-
o What will the market growth rate, Overview and Analysis by Type of Global Oxo Alcohols Market in 2026?
o What are the key factors driving, Analysis by Applications and Countries Global Oxo Alcohols Market?
o What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Oxo Alcohols Market?
o Who are Opportunities, Risk and Driving Force of Global Oxo Alcohols Market?
o Who are the opportunities and threats faced by the vendors in Global Oxo Alcohols Market? Business Overview by Type, Applications, Gross Margin and Market Share
o What are the Global Oxo Alcohols Market opportunities, market risk and market overview of the Market?
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Top Key Players:
o The DOW Chemical Company
o BASF SE
o Exxon Mobil Corporation
o Eastman Chemical Company
o Evonik Industries
o The Andhra Petrochemicals Limited (India),
o Oxea GmbH (Germany),
o Ineos (Switzerland),
o LG Chem Ltd (South Korea),
o BAX Chemicals (Netherlands),
o Qatar Petroleum (Qater),
o Arkema SA (France),
o ZAK S.A. (Poland),
o Sasol Limited (South Africa),
o Indu Nissan Oxo Chemicals Industries Ltd (India),
o Mitsubishi Chemical Corporation (Japan),
o PDIT Group Ltd (Russia),
o Apratim International (India),
o Dhiren Chemical Industries (India)
o many more.
Market Drivers:
o Increasing demand for butyl acrylates, 2-eh acrylates
o Increasing application scope in solvent formulations for usage in printing inks, cleaners & polish
Market Restraints:
o Fluctuating raw material prices such as crude oil and derivatives
o Stringent environmental regulations associated with the oxo alcohols industry
Key Insights in the report:
o Historical and current market size and projection up to 2025
o Market trends impacting the growth of the global oxo alcohols market
o Analyze and forecast the oxo alcohols market on the basis of type and application.
o Trends of key regional and country-level markets for ingredient type and application.
o Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis
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Market Segmentations:
Global Oxo Alcohols Market is segmented on the basis of
o Type
o Application
o Geography
Market Segmentations in Details:
By Type
o N-Butanol
o 2- Ethylhexanol
o ISO Butanol
o Other OXO Alcohols
By Application
o Acrylates
o Glycol Ethers
o Acetates
o Lubes
o Resins
o Solvents
o Plasticizers
o Others
By Geography
North America
o U.S.
o Canada,
o Mexico
Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Turkey
o Belgium
o Netherlands
o Switzerland
o Rest of Europe
Asia-Pacific
o Japan
o China
o South Korea
o India
o Australia
o Singapore
o Thailand
o Malaysia
o Indonesia
o Philippines
o Rest of Asia Pacific
South America
o Brazil
o Rest of South America
Middle East & Africa
o South Africa
o Saudi Arabia
o UAE
o Rest of MEA
Competitive Analysis: Global Oxo Alcohols Market
The global oxo alcohols market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of distilled spirits market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
In May 2011, Oxea company had launched a range of products under the brand name Oxsoft in order to support the increasing market shift to phthalate-free and non-VOC plasticizers. Due to launch of this product it will benefit in increase the product portfolio of the company.
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Oxo Alcohols Market Increasing Demand with Leading Key Players: The DOW Chemical Company O BASF SE O Exxon Mobil Corporation
Oxo Alcohols survey provides key information about the industry such as helpful and important facts and figures, expert opinions, and the latest developments across the globe. This report on the global market is an important document for every market enthusiast, policymaker, investor, and market player. The report provides CAGR value fluctuations for the market during the forecast period of 2020-2027. This Market Report provides data on patterns and improvements, target business sectors and materials, limits and advancements. A large scale Oxo Alcohols market report assist client companies in predicting investment in an emerging market, expansion of market share or success of a new product.