Press release
Octyl Alcohol Market will reach 280 million US$ in 2023
Octyl Alcohol (synonym name: Caprylic Alcohol) is the organic compound with the molecular formula CH3 (CH2)7OH. It is a fatty alcohol. Many other isomers are also known generically as octanols.
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Global Octyl Alcohol Market: Forecast by Type / Application / Region
Octyl Alcohol production is mainly concentrated in South Asia, EU and USA. At present, the output of the three regions occupies about 78.63% of global Octyl Alcohol production. The main market players are Kao Chem, Ecogreen Oleo, PTTGC, Musim Mas, Sasol, Basf and KLK Oleo, etc.
Compared with a million-ton-production market size of isobutyl alcohol, Octyl Alcohol is just a small market because the downstream application of Octyl Alcohol is much smaller than the isobutyl alcohol. Octyl Alcohol can be classified into two types: industrial grade and food grade, survey results showed that 81.93% of the Octyl Alcohol market is industrial grade in 2017.
The worldwide market for Octyl Alcohol is expected to grow at a CAGR of roughly 5.0% over the next five years, will reach 280 million US$ in 2023, from 210 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Kao Chem
KLK Oleo
PTTGC
Basf
Ecogreen Oleo
Emery
Liaoning Huaxing
Sasol
P&G Chem
Musim Mas
VVF
Axxence
Auro Chemicals
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Related Information:
United States Octyl Alcohol Market 2018 Forecast to 2023
Europe Octyl Alcohol Market 2018 Forecast to 2023
North America Octyl Alcohol Market 2018 Forecast to 2023
Asia-Pacific Octyl Alcohol Market 2018 Forecast to 2023
China Octyl Alcohol Market 2018 Forecast to 2023
EMEA Octyl Alcohol Market 2018 Forecast to 2023
Global Octyl Alcohol Market 2018 Forecast to 2023
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