Oxo Alcohol Market Worldwide Industry Analysis to 2023 | BASF SE, DowDuPont, ExxonMobil Corporation, Sasol, Grupa Azoty ZAK SA

Oxo Alcohol Market application, the market has been divided into plasticizers, acrylates, acetates, resins, solvents, glycol ethers, lube oil additives, and others. Plasticizers segment held the largest market share in the global oxo alcohol market in 2017. This is attributed to the growing use of plasticizers in PVC applications, automotive and construction industries for packaging owing to the high flexibility and durability offered by plasticizers. These factors have fueled the growth of plasticizers in the global oxo alcohol market. Thus, plasticizers segment is projected to grow at the fastest pace during the review period.

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Top Manufacturers:

BASF SE
DowDuPont
ExxonMobil Corporation
Sasol
Grupa Azoty ZAK SA
Ineos
Formosa Plastics Corporation
China Petrochemical Corporation

Segmental Summary:

The global oxo alcohol market has been segmented based on type, application, and region.

On the basis of type, the global oxo alcohol market has been segregated into n-butanol, iso-butanol, 2-ethylhexanol, and others.

Based on type, the global oxo alcohol market has been classified into plasticizers, acrylates, acetates, resins, solvents, glycol ethers, lube oil additives, and others.

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TABLE OF CONTENTS

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope Of The Study

2.3 List Of Assumptions

2.4 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics Of Global Oxo Alcohol Market

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Geographical Market Insights:

Asia-Pacific accounted for the largest and the fastest growing market for oxo alcohol in 2017, owing to the widespread applications of oxo alcohol in end use industries such as automobile and construction. Oxo alcohol is used as solvents, additives in plasticizers and lube oil, which are extensively used in automotive and building materials. Their use in paint, varnishes, and coating have fostered the demand in the region and thus boosted their demand in the global market. The region is projected to show a strong growth during the forecast period.
The use of oxo alcohol in resins, lube-oil additives, ethyl glycol have driven its market in the US, Canada and Mexico. While its use in plasticizers has hugely contributed to the growth of oxo alcohol in this region. Thus, the North American market is projected to show remarkable growth during the forecast period.

Increasing demand for oxo alcohol in agriculture and pharmaceutical industries in Europe is driving the oxo alcohol market. In addition to this, the rising use of oxo alcohol in the production of glycol ethers, resins, paints, varnishes have contributed to the growth of oxo alcohol market in this region. The European market is expected to show potential growth in the coming years.

Rising urbanization in Latin American countries such as Brazil, Mexico, and Argentina has resulted in increasing building and constructional activities, and the automotive industry. This has resulted in the escalating demand for plasticizers as well as fuel additives in Latin America. Thus, the Latin American market is projected to showcase moderate growth during the review period.

The Middle East & Africa market is expected to show steady growth during the forecast period due to the growth in constructional activities, which has led to the growing demand for plasticizers, and hence the growth in the demand for oxo alcohol in this region.

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