Press release
U.S. Oxo Alcohol Market Size, Trends, Outlook, Opportunities and Market Forecast 2023-2030
Oxo Alcohols are substances that employ a rhodium catalyst to react olefins with syngas. These substances include 2-Ethylhexanol (2-EH), N-Butanol (NBA), and Isobutanol (IBA), and they have a variety of industrial uses. In 2018, the U.S. Environmental Protection Agency (EPA) introduced the additive isobutanol, which can be mixed up to 16 percent with gasoline in automobiles. N-butanol is a medium-volatile, colorless liquid with a pleasant scent. Isobutanol is a colorless, transparent liquid with a distinctly musty, sweet smell. It is utilized as a solvent and feedstock in the production of plasticizers, printing inks, amino resin, and nitro-cellulose lacquers.
Oxy alcohols are used in adhesive, paint, and coating manufacturing as solvents and chemical intermediates. Additionally, oxy alcohol is an essential raw ingredient for making acetates and plasticizers.
U.S. Oxo Alcohol Market Size and Growth Analysis
The global U.S. Oxo Alcohol Market is expected to exhibit a CAGR of 5.4% during the forecast period 2023-2030.
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U.S. Oxo Alcohol Market Dynamics
Alcohol, or oxo alcohol, is employed as a dehydrating agent in a number of products, such as printing inks, extractants in pharmaceutical manufacturing, cleaners and polishers, and solubilizers in the textile industry (entrainer in azeotropic distillation).
Common butanol is employed in a number of chemical reactions as a feedstock and solvent. Its primary role in the coatings industry is that of a solvent. It is frequently used as a diluent in cellulose nitrate lacquers with the potential to improve flow, gloss, and robustness since it lessens flushing during drying in humid situations. N-Butanol reduces viscosity and enhances brushability and flow in alkyd resin paints, even at low dosages. Minimal quantities of N-butanol prevent cobwebs in lacquers derived from spirit-soluble resins.
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U.S. Oxo Alcohol Market Segment Analysis
By Production Process
By Application
By End-User
Major Companies Covered
Eastman Chemical Company, Dow, Evonik Industries AG, LG Chem, Ltd, BASF SE, Ineos, Bax Chemicals, Grupa Azoty ZAK S.A., OQ Chemicals GmbH
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