Press release
Oxo Alcohol Market : (2016 to 2022) - Industry dynamics, segmentation, Historical, current and projected industry trends, Competitive landscape and etc.
The oxo alcohol market is witnessing a significant growth owing to the significant demand for the manufacturing of plasticizers, paints, coatings & adhesives, additives, and chemical intermediates. Plasticizers are the largest end use application of oxo alcohol industry and will continue to remain so and hence are going to drive the demand for the oxo alcohol market. Likewise, the demand of oxo alcohol for application in acrylates, acetates and ethers is going to contribute significantly and is anticipated to grow at a faster CAGR than plasticizers during the forecast years. Therefore, the demand and consumption characteristics of oxo alcohol are majorly driven by the development of the polymer, plastic manufacturing, and chemical industries. The market for oxo alcohol is restrained due to stringent environmental laws and regulations present in regions such as North America and Europe.
The oxo alcohol market can be segmented on the basis of:
By Type,
N-Butanol
2-Ethylhexanol
Iso Butanol
By Application
Acrylates
Ether
Acetates
Lubes
Resin
Solvent
Plasticizers
The oxo alcohol market can also be segmented on the basis of regions— North America, Latin America, Asia-Pacific, Europe and the Middle East and Africa. In terms of oxo alcohol production and consumption Asia Pacific and North America spearhead the oxo alcohol market. Asia-Pacific is the largest market for oxo alcohol and with the increase in consumption of oxo alcohol for acetate, chemical processing and acrylates by chemical companies is further anticipated to increase the share of the oxo alcohol market during the forecast years. Key region driving the oxo alcohol demand in the Asia Pacific region is China followed by India and South Korea. Followed by North America, Europe, Middle East & Africa are key geographies for the oxo Alcohol market. The demand for oxo alcohol in Europe is anticipated to be modest owing to the maturity and stringent environmental regulations present
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The oxo alcohol market is identified by various regional and international players, some of the key players identified in the report are BASF SE, Eastman Chemical Company, Mitsubishi Chemical Corporation, The DOW Chemical Company, ExxonMobil Chemical Company, Evonik Industries, LG Chem, BAX Chemicals BV, OXEA Group and CNPC.
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The report covers exhaustive analysis on:
Oxo Alcohol Market Segments
Oxo Alcohol Market Dynamics
Historical Actual Market Size, 2012 - 2014
Oxo Alcohol Market Size & Forecast 2015 to 2025
Supply & Demand Value Chain
Oxo Alcohol Market Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Oxo Alcohol Market Drivers and Restraints
Regional analysis for Oxo Alcohol Market includes
North America
Latin America
Europe
Asia Pacific & Japan
The Middle East and Africa
Report Highlights:
Shifting Industry dynamics
In-depth market segmentation
Historical, current and projected industry size Recent industry trends
Key Competition landscape
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective towards market performance
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