Isononyl Alcohol Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently released a comprehensive report on the worldwide market for isononyl alcohol. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure. This research publication presents exclusive data and statistics outlining the anticipated growth trajectory of the global isononyl alcohol market from 2023 to 2033.

The global isononyl alcohol market is forecast to expand at a CAGR of 7.6% and thereby increase from a value of US$2.2 Bn in 2023, to US$3.7 Bn by the end of 2030.

Key Insights

Isononyl Alcohol Market Size (2023E): US$2.2 Billion

Projected Market Value (2030F): US$3.7 Billion

Global Market Growth Rate (CAGR 2023 to 2030): 7.6%

Historical Market Growth Rate (CAGR 2018 to 2022): 4.6%

Isononyl Alcohol Market - Report Scope

Sodium metabisulfite dominates the dechlorination chemicals market, driven by its adaptability and effectiveness across industries. The wastewater-grade activated carbon sector is expected to grow rapidly due to increased environmental regulations. In terms of form, liquid dechlorination chemicals hold the largest market share, but the solid segment is anticipated to experience rapid expansion. The water treatment industry is the leading end-use sector, driven by regulatory scrutiny, while the food and beverage industry is expected to witness significant growth. North America is the top regional market, attributed to its well-established water treatment infrastructure and proactive environmental protection efforts.

Market Growth Drivers for Isononyl Alcohol:

Isononyl alcohol (C9H20O) is a vital aliphatic alcohol produced mainly through the oxo process, widely used in plastics, pharmaceuticals, and personal care. Its unique chemical structure makes it crucial in synthesizing materials for various applications. The global market is growing due to increased demand for plasticizers, especially in PVC production, and its use in lubricants, solvents, and personal care items. Technological advancements, improving efficiency and reducing costs, play a key role. Additionally, the emphasis on eco-friendly products boosts demand for isononyl alcohol, contributing to its flourishing market globally.

Market Restraints

The global isononyl alcohol market is experiencing significant growth, primarily driven by the rising demand for environmentally sustainable plasticizers in the polymer industry. Isononyl alcohol plays a crucial role in manufacturing plasticizers, which enhance flexibility and durability in polymers. This surge in demand is attributed to increasing awareness and strict enforcement of environmental regulations, leading to a shift away from conventional plasticizers like phthalates. Isononyl alcohol, obtained through the oxo process, is gaining prominence as an eco-friendly alternative. Its compatibility with various polymers and improved performance make it a preferred choice for non-phthalate plasticizers. Stringent regulations worldwide on traditional plasticizers further contribute to the market expansion, as manufacturers adopt isononyl alcohol to meet the demand for environmentally friendly and compliant plasticizers, aligning with global sustainability goals. The adoption of eco-friendly plasticizers positions isononyl alcohol as a key element in fostering a more environmentally conscious polymer sector, driving the overall growth of the global isononyl alcohol market.

Market Opportunities

The global isononyl alcohol market is experiencing growth due to a rising demand for sustainable and bio-based products across various industries. With a focus on environmental preservation, isononyl alcohol derived from renewable sources is gaining prominence as a viable alternative to petroleum-based counterparts. Consumer awareness of ecological impacts and a preference for sustainable options are driving industries to incorporate bio-based isononyl alcohol into their formulations. This shift presents a strategic opportunity for market players to align with evolving consumer preferences and environmental regulations. Manufacturers are investing in research and development to optimize the efficiency of bio-based isononyl alcohol production, contributing to corporate sustainability goals and enhancing their reputation among environmentally conscious consumers. As a renewable and versatile resource, isononyl alcohol plays a crucial role in helping industries reduce carbon emissions, positioning itself as a key component in the sustainable and bio-based chemical sector. This trend is expected to support continued growth in the market driven by environmental awareness and eco-friendly advancements.

Key Questions Answered in Report::

Which region is expected to have a big part of the market in the future?
What are the main reasons that will increase the demand for isononyl alcohol in the future?
How will ongoing trends affect the worldwide isononyl alcohol market?
Who are the important companies in the market?
What are the important tactics used by major players to improve their positions in this field?

Competitive Intelligence and Business Strategy

Global supply-side dynamics are shaped by factors such as production efficiency, raw material accessibility, and technological progress. Technological advancements, including automation, artificial intelligence, and data analytics, play a crucial role in optimizing manufacturing processes, reducing errors, and enhancing overall productivity. The availability and cost of raw materials impact production expenses and final product prices, leading manufacturers to employ strategic procurement to mitigate risks. The focus on environmentally conscious practices is driving the development of sustainable and alternative raw materials. Streamlined distribution and logistics networks, along with partnerships and collaborations across the supply chain, are essential for timely deliveries and minimizing lead times.

Key Companies Profiled
Arkema Group

BASF Petronas Chemicals Sdn. Bhd.

Bax Chemicals
DowDuPont, Inc.
Eastman Chemical Company
Evonik Industries AG
ExxonMobil Chemical Company
INEOS Group
LG Chem Ltd.
Oxea Corporation

Isononyl Alcohol Market Research Segmentation

The market for isononyl alcohol is segmented into C4 Chemicals Process and ExxonMobil Process. The C4 Chemicals Process dominates due to its efficiency and reliability in hydroformylation of C4 olefins. The ExxonMobil Process is expected to grow rapidly, driven by proprietary technologies and a focus on efficiency and sustainability.

In terms of applications, DINP holds the highest market share in plasticizers, widely used for its flexibility and durability. DINCH, an alternative with favorable toxicological characteristics, is rapidly growing due to environmental concerns, particularly in applications like medical devices and toys.

The top regional market is East Asia, led by China, Japan, and South Korea. The region's robust industrial activities, innovation drive, and export-oriented industries, especially in construction, automotive, electronics, and chemicals, make it a major player in the global market.

By Type:
C4 Chemicals Process
ExxonMobil Process
By Application:
DINP
DINCH
Others
By Region:
North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33651

1. Executive Summary

1.1. Global Isononyl Alcohol Market Snapshot, 2023 and 2030
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.3. Key Market Trends
1.4. Future Market Projections
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Type Lifecycle Analysis
2.4. Global Isononyl Alcohol Market: Value Chain
- 2.4.1. List of Raw Type Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Vehicle Types
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Isononyl Alcohol Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Isononyl Alcohol Market Outlook: Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Type, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
  - 3.3.3.1. C4 Chemicals Process
  - 3.3.3.2. ExxonMobil Process
3.4. Market Attractiveness Analysis: Type
3.5. Global Isononyl Alcohol Market Outlook: Application
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
  - 3.5.3.1. DINP
  - 3.5.3.2. DINCH
  - 3.5.3.3. Others
3.6. Market Attractiveness Analysis: Application

4. Global Isononyl Alcohol Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Global Isononyl Alcohol Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Type
- 5.3.3. By Application
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 5.5.1. C4 Chemicals Process
- 5.5.2. ExxonMobil Process
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 5.6.1. DINP
- 5.6.2. DINCH
- 5.6.3. Others
5.7. Market Attractiveness Analysis

6. Europe Global Isononyl Alcohol Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Type
- 6.3.3. By Application
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 6.5.1. C4 Chemicals Process
- 6.5.2. ExxonMobil Process
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 6.6.1. DINP
- 6.6.2. DINCH
- 6.6.3. Others
6.7. Market Attractiveness Analysis

7. East Asia Global Isononyl Alcohol Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Type
- 7.3.3. By Application
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 7.5.1. C4 Chemicals Process
- 7.5.2. ExxonMobil Process
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 7.6.1. DINP
- 7.6.2. DINCH
- 7.6.3. Others
7.7. Market Attractiveness Analysis

8. South Asia & Oceania Global Isononyl Alcohol Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Type
- 8.3.3. By Application
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 8.5.1. C4 Chemicals Process
- 8.5.2. ExxonMobil Process
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 8.6.1. DINP
- 8.6.2. DINCH
- 8.6.3. Others
8.7. Market Attractiveness Analysis

9. Latin America Global Isononyl Alcohol Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Type
- 9.3.3. By Application
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 9.5.1. C4 Chemicals Process
- 9.5.2. ExxonMobil Process
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 9.6.1. DINP
- 9.6.2. DINCH
- 9.6.3. Others
9.7. Market Attractiveness Analysis

10. Middle East & Africa Global Isononyl Alcohol Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Type
- 10.3.3. By Application
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2023 - 2030
- 10.5.1. C4 Chemicals Process
- 10.5.2. ExxonMobil Process
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2023 - 2030
- 10.6.1. DINP
- 10.6.2. DINCH
- 10.6.3. Others
10.7. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Product Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Arkema Group
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Product
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. BASF Petronas Chemicals Sdn. Bhd.
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Product
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Bax Chemicals
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Product
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. DowDuPont, Inc.
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Product
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Eastman Chemical Company
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Product
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Evonik Industries AG
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Product
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. ExxonMobil Chemical Company
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Product
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. INEOS Group
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Product
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. LG Chem Ltd.
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Product
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Oxea Corporation

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations