Global Oxo Alcohols Market
Market Size in USD Billion
CAGR :
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 Forecast Period |
2023 –2029 |
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 Market Size (Forecast Year) |
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 CAGR |
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Global Oxo Alcohols Market, By Type (N-Butanol, 2-Ethylhexanol, ISO Butanol, Others) Application (Acrylates, Glycol Ethers, Acetates, Lubes, Resins, Solvents, Plasticizers Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029
Market Analysis and Insights : Global Oxo Alcohols Market
Data Bridge Market Research analyses that the oxo alcohols market to be growing at a CAGR of 4.42% in the forecast period of 2022-2029 and is likely to reach the USD 19.08 billion by 2029.
Oxo-alcohols are compounds made when olefins combine with syngas in the presence of a rhodium catalyst. Oxo-alcohols have a variety of uses in a variety of sectors. They are used as solvents, chemical intermediates, and employed in paints, adhesives and coatings, among others. Plasticizers, ethers and acetates are all made from oxy-alcohols, which are essential basic materials.
The rising demand from pharmaceutical industry and pesticides is driving the oxo alcohols market. Furthermore, rapid industrialization, rising manufacture sector and development of polymer as well as chemical industry are some macroeconomic factors that are positively impacting the worldwide oxo alcohols market. Other factors including growth in 2-Eh Acrylates and Butyl Acrylates, and rising use of plasticizers will cushion the market’s growth rate.
Moreover, the ever-growing pharmaceutical industry and rising demand for high performance fuels due to strict regulations will further boost the opportunities for the growth of oxo alcohols market.
However, fluctuations in the prices of raw material and strict environmental regulations will hamper the market growth rate. Also, negative trends of phthalates will challenge the oxo alcohols market throughout the projection period.
This oxo alcohols market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on oxo alcohols market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Oxo Alcohols Market Scope and Market Size
The oxo alcohols market is segmented on the basis of type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the oxo alcohols market is segmented into N-Butanol, 2-Ethylhexanol, ISO Butanol, and others.
- Based on application, the oxo alcohols market is segmented into acrylates, glycol ethers, acetates, lubes, resins, solvents, plasticizers and others.
Oxo Alcohols Market Country Level Analysis
The oxo alcohols market is analyses and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the oxo alcohols market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Asia-Pacific dominates the oxo alcohols market and will continue to flourish its trend of dominance during the forecast period owing to the rising automotive and construction activities in this region. Europe is expected to grow during the forecast period of 2022-2029 due to the increasing usage of oxo alcohols in pharmaceutical and agricultural sectors and high demand from automotive industry in this region.
The country section of the oxo alcohols market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Oxo Alcohols Market Share Analysis
The oxo alcohols market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to oxo alcohols market.
Some of the major players operating in the oxo alcohols market are Eastman Chemical Company, Dow, INEOS, LG Chem, Arkema, Evonik Industries AG, Exxon Mobil Corporation, BASF SE, The Andhra Petrochemicals Ltd., OQ Chemicals GmbH, QatarEnergy, Apratim International Private Limited, Sasol Limited, Hanwha Solutions Chemical Division Corporation, Grupa Azoty, among others.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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