Oxo Alcohol Market Size & Share 2023 | Industry Analysis, Growth, Trend Forecast - MRFR
Title: Oxo Alcohol Market 2019 | Rise With Significant and Improved Revenue Growth Factors, Regional Analysis, Forecast 2023 Top Key Players: MRFR
Summary: Oxo Alcohol Market Information by Type (n-butanol, iso-butanol, 2-ethylhexanol, and others), Application (Plasticizers, Acrylates, Acetates, Resins, Solvents, Glycol Ethers, Lube Oil Additives), and Region (Asia-Pacific, Europe, and RoW)-Global Forecast to 2023
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Oxo Alcohol Market has been segmented based on type, application, and region. On the basis of type, the market has been segmented into n-butanol, iso-butanol, 2-ethylhexanol, and others. All these types of oxo alcohols are commercially used. Moreover, the 2ethylhexanol segment dominated the oxo-alcohol market, by type, in 2017. Oxo alcohol is extensively used in the production of plasticizers, coatings, adhesives, and other specialty chemicals. Plasticizers are widely used in end-use industries, such as automotive, construction, and electronics.
Along with this, their use in coatings, adhesives have driven the demand for oxo alcohol in the global market. Furthermore, 2-ethylhexanol is also used as an all-purpose plasticizer for polyvinyl chloride (PVC) and vinyl chloride copolymers. These factors have led to an increase in the market share of 2-ethylhexanol segment in the global market and it is expected to show strong growth during the review period.
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Based on 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.
Key Players:
BASF SE (Germany), DowDuPont (US), BASF SE (Germany), ExxonMobil Corporation (US), BASF SE (Germany), Sasol (South Africa), Grupa Azoty ZAK SA (Poland), Ineos (UK), Formosa Plastics Corporation (Taiwan), and China Petrochemical Corporation (China) are some of the major players in the global oxo alcohol market.
Regional Analysis:
The global oxo alcohol market has been analyzed with respect to five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia-Pacific accounted for the largest and the fastest growing market for oxo alcohol in 2017, owing to the rising automobile and construction industries. The North American market is expected to show remarkable growth during the review period, attributing to the growing use of oxo alcohol in various applications, such as resins, plasticizers, and lube oil additives. The European market is projected to showcase remarkable growth during the forecast years. While Latin America and the Middle East & Africa are expected to show moderate and steady growth, respectively, during the forecast period.
TABLE OF CONTENTS
- Executive Summary
- Market Introduction
- Market Research Methodology
- Market Dynamics of Global Oxo Alcohol Market
- Market Factor Analysis of Global Oxo Alcohol Market
- Global Oxo Alcohol Market, By Type
- Global Oxo Alcohol Market, By Application
- Global Oxo Alcohol Market, By Region
- Company Landscape
- Company Profiles
- Conclusion
LIST OF TABLES
Table 1 Global Oxo Alcohol Market: By Region, 2016?2023
Table 2 North America: Oxo Alcohol Market, By Country, 2016?2023
Table 3 Europe: Oxo Alcohol Market, By Country, 2016?2023
Table 4 Asia-Pacific: Oxo Alcohol Market. By Country, 2016?2023
Table 5 Middle East & Africa: Oxo Alcohol Market, By Country, 2016?2023
Table 6 Latin America: Oxo Alcohol Market, By Country, 2016?2023
Table 7 Global Oxo Alcohol Type Market, By Regions, 2016?2023
Table 8 North America: Oxo Alcohol Type Market, By Country, 2016?2023
Table 9 Europe: Oxo Alcohol Type Market, By Country, 2016?2023
Table10 Asia-Pacific: Oxo Alcohol Type Market, By Country, 2016?2023
Table11 Middle East & Africa: Oxo Alcohol Type Market, By Country, 2016?2023
Table12 Latin America: Oxo Alcohol Type Market, By Country, 2016?2023
LIST OF FIGURES
FIGURE 1 Global Oxo Alcohol Market Segmentation
FIGURE 2 Forecast Research Methodology
FIGURE 3 Five Forces Analysis Of Global Oxo Alcohol Market
FIGURE 4 Value Chain Of Global Oxo Alcohol Market
FIGURE 5 Share Of Global Oxo Alcohol Market In 2017, By Country
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