Press release
Isononanoic Acid Market Is Predicted To Grow At A Cagr Of 3.0% During 2019-2025 - Qyr
Under the background of slower economy growth rate, companies face the higher risks of profit decline. Currently, isononanoic acid market has a certain potential in Europe, USA and Japan.
These areas demand are relatively stable. During these years, China's isononanoic acid demand maintains a rapid growth. Currently, OXEA, BASF and KH Neochem are the most important production companies. Currently, the high degree of concentration of the industry, OXEA, BASF and KH Neochem control this industry. Except these three companies, there are no other major manufacturers. China is not the manufacturer, absolutely relying on import. Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area.
In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate. In the globe, emerging economies countries support the lubricant industry and metal working fluids industry, it will lead the increase of isononanoic acid demand. Therefore, we think entering China and India market will be a good choice. The global Isononanoic Acid market is valued at 240 million US$ in 2018 is expected to reach 310 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2019-2025.
This report focuses on Isononanoic Acid volume and value at global level, regional level and company level. From a global perspective, this report represents overall Isononanoic Acid market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan. At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Get PDF Version of this Report @ https://www.qyresearch.com/sample-form/form/964857/global-isononanoic-acid-market
The following manufacturers are covered:
Evonik
OXEA
BASF
KH Neochem
BASF
Sinopec
Segment by Regions
North America
Europe
China
Japan
Segment by Application
Coating and paint
Cosmetics and personal care
Metal working fluids
Lubricant
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