Oxo Alcohols Market 2022-2028

Description

List of Tables

Global Oxo Alcohols Market Size, Share & Trends Analysis Report by Type (N-butanol, 2-ethylhexanol, and Iso-butanol), and by Application (Acrylates, Glycol Ethers, Acetate, Lube Oil Additive, Plasticizers, and Others) Forecast Period (2022-2028)

The global oxo alcohols market is anticipated to grow at a substantial CAGR of 4.0% during the forecast period. The increasing usage of oxo alcohols in downstream applications will drive up oxo alcohol demand. 2-ethylhexanol oxo alcohol is a colorless liquid with a low solubility in water but a high solubility in most organic solvents. It is widely used in downstream applications, such as the synthesis of 2-ethyl hexyl acrylate and di-2-ethyl hexyl phthalate. Since these products potentially reduce emission rates and improve fuel efficiency, they are prevalently used in the petrochemical industry; thus, due to rising consumption in the petrochemical industry, market for 2-ethylhexanol product will grow and drive the growth of oxo alcohols market during forecast period. Additionally, it is projected that the rapid expansion in the coatings industry will also propel the 2-ethylhexanol market growth over the timeframe.

The global oxo alcohols market is segmented based on the type and application. Based on the type, the market is sub-segmented into n-butanol, 2-ethylhexanol, and iso-butanol. Based on the application, the market is sub-segmented into the acrylates, glycol ethers, acetate, lube oil additive, plasticizers, and others. The above mentioned segments can be customized as per the requirements.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Asian regions will be the fastest-growing oxo alcohol markets because of the growing demand for phthalates, which are utilized in plasticizers. China will be the biggest consumer of oxo alcohols in the region due to rapid industrialization and development of manufacturing sector.

The major companies serving the global oxo alcohols market include INEOS AG, BASF PETRONAS Chemicals Sdn Bhd, Dow Chemical Co., Eastman Chemical Co., Andhra Petrochemicals Ltd., Bax Chemicals Export Overseas B.V., Evonik Industries AG, Formosa Plastics Corp., Hanwha Solutions Chemical Division Corp., Exxon Mobil Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2019, INEOS AG announced that it will greatly increase the size of its planned Ethylene Oxide and Ethylene Oxide Derivatives facility on the US' Gulf Coast. The new facility will have a capacity of 1.2 billion pounds of EO (circa 520kt). The plant is scheduled to open in 2023.

Research Methodology

The market study of the global oxo alcohols market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Oxo Alcohols Market Research and Analysis by Type

2. Global Oxo Alcohols Market Research and Analysis by Application

The Report Covers:

Comprehensive Research Methodology of the global oxo alcohols market.

This report also includes a detailed and extensive market overview with key analyst insights.

An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.

Analysis of regional regulations and other government policies impacting the global oxo alcohols market.

Insights about market determinants that are stimulating the global oxo alcohols market.

Detailed and extensive market segments with the regional distribution of forecasted revenues.

Extensive profiles and recent developments of market players.

Product Code: OMR2025640

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Oxo Alcohols Market
Recovery Scenario of Global Oxo Alcohols Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. INEOS AG
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. BASF PETRONAS Chemicals SdnBhd
- 3.2.1. Overview
- 3.2.2. Financial Analysis
- 3.2.3. SWOT Analysis
- 3.2.4. Recent Developments
3.3. Dow Chemical Co.
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
3.4. Eastman Chemical Co.
- 3.4.1. Overview
- 3.4.2. Financial Analysis
- 3.4.3. SWOT Analysis
- 3.4.4. Recent Developments
3.5. Exxon Mobil Corp.
- 3.5.1. Overview
- 3.5.2. Financial Analysis
- 3.5.3. SWOT Analysis
- 3.5.4. Recent Developments
3.6. Key Strategy Analysis
3.7. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Oxo Alcohols Market by Type
- 4.1.1. N-butanol
- 4.1.2. 2-ethylhexanol
- 4.1.3. Iso-butanol
4.2. Global Oxo Alcohols Market by Application
- 4.2.1. Acrylates
- 4.2.2. Glycol Ethers
- 4.2.3. Acetate
- 4.2.4. Lube Oil Additive
- 4.2.5. Plasticizers
- 4.2.6. Others (Resins, Solvents)

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Andhra Petrochemicals Ltd.
6.2. Bax Chemicals Export Overseas B.V.
6.3. China National Petroleum Corp.
6.4. China Petrochemical Corp.
6.5. Elekeiroz
6.6. Evonik Industries AG
6.7. Formosa Plastics Corp.
6.8. GrupaAzoty S.A.
6.9. Hanwha Solutions Chemical Division Corp.
6.10. IENOS
6.11. LG Chem.
6.12. OQ Chemicals Gmbh
6.13. Perstorp Group
6.14. Sasol Ltd.
6.15. SilicolifeLda