Press release
Oxo Alcohols Market Analysis with Future Prospects to 2020 | Petrochemicals Limited (India), Oxea GmbH (Germany), Ineos (Switzerland), LG Chem Ltd (South Korea), others
Forecast Period 2020-2026: A comprehensive analysis of the market structure along with the forecast of the various segments and sub-segments of the market have been delivered through this Oxo Alcohols Market business document. The market is greatly transforming because of the moves of the key players and brands including developments, product launches, joint ventures, mergers and acquisitions that in turn changes the view of the global face of industry. 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 well-established Key players in the market are:
The DOW Chemical Company
BASF SE
Exxon Mobil Corporation
Eastman Chemical Company
Evonik Industries
The other players in the market are, The Andhra Petrochemicals Limited (India), Oxea GmbH (Germany), Ineos (Switzerland), LG Chem Ltd (South Korea), BAX Chemicals (Netherlands), Qatar Petroleum (Qater), Arkema SA (France), ZAK S.A. (Poland), Sasol Limited (South Africa), Indu Nissan Oxo Chemicals Industries Ltd (India), Mitsubishi Chemical Corporation (Japan), PDIT Group Ltd (Russia), Apratim International (India), Dhiren Chemical Industries (India)and many more.
Fill Out Details to Receive Sample Report Copy Here:https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-oxo-alcohols-market
What ideas and concepts are covered in the report?
- The assessments accounted by all the zones and the market share registered by each region is mentioned in the report.
- The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
- Data regarding the Oxo Alcohols Industry market consumption rate of all the provinces, based on applicable regions and the product types is inculcated in the report.
Region-based analysis of the Oxo Alcohols Industry market:
- The Oxo Alcohols Industry market, with regards to provincial scope is segmented into USA, Europe, Japan, China, India, and South East Asia. The report also includes information regarding the products use throughout the topographies.
Unique structure of the report
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.
Oxo Alcohols Market Trends | Industry Segment 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
Market Drivers:
Increasing demand for butyl acrylates, 2-eh acrylates
Increasing application scope in solvent formulations for usage in printing inks, cleaners & polish
Market Restraint:
Fluctuating raw material prices such as crude oil and derivatives
Stringent environmental regulations associated with the oxo alcohols industry
Increasing Disposable Income
Rising disposable income of the population is believed to positively impact the growth of the smart furniture over the forecast period. Further, changing lifestyle of the people such as increasing preference for smart furniture is anticipated to intensify the growth of global smart furniture market over the forecast period.
However, high cost of Oxo Alcohols products is one of the key factors which are expected to limit the growth of global smart furniture market over the forecast period.
Some of the Major Highlights of TOC covers:
Oxo Alcohols Industry Regional Market Analysis
- Oxo Alcohols Industry Production by Regions
- Global Oxo Alcohols Industry Production by Regions
- Global Oxo Alcohols Industry Revenue by Regions
- Oxo Alcohols Industry Consumption by Regions
Oxo Alcohols Industry Segment Market Analysis (by Type)
- Global Oxo Alcohols Industry Production by Type
- Global Oxo Alcohols Industry Revenue by Type
- Oxo Alcohols Industry Price by Type
Oxo Alcohols Industry Segment Market Analysis (by Application)
- Global Oxo Alcohols Industry Consumption by Application
- Global Oxo Alcohols Industry Consumption Market Share by Application (2014-2019)
Oxo Alcohols Industry Major Manufacturers Analysis
- Oxo Alcohols Industry Production Sites and Area Served
- Product Introduction, Application and Specification
- Oxo Alcohols Industry Production, Revenue, Ex-factory Price and Gross Margin (2014-2019)
- Main Business and Markets Served
Get Access To TOC Covering 200+ Topics athttps://www.databridgemarketresearch.com/toc/?dbmr=global-oxo-alcohols-market
At the Last, Oxo Alcohols industry report focuses on data sources, viz. primary and secondary sources, market breakdown and data triangulation, market size estimation, research programs, and design, research approach and methodology, and the publisher's disclaimer.
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Data Bridge Market Research
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Email: Corporatesales@databridgemarketresearch.com
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Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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