Building Success on: Industrial Oxo Alcohols Market Plan [2015 to 2020]


Posted June 13, 2017 by jswapn23

This research report segments the market for Oxo alcohols on the basis of type, application, end-user and region along with forecast of revenue and analyzing trends in each of the submarkets.

 
The report “Oxo Alcohols Market by Type (N-Butanol, ISO Butanol, 2-Ethylhexanol), Application (Acrylates, Glycol Ethers, Acetates, Lube Oil Additives, Resins, Solvents, Plasticizers) - Global Trends & Forecast to 2020”, defines and segments the Oxo alcohols market with analysis and forecast of the market size.
Browse 99 market data tables and 48 figures spread through 134 pages and in-depth TOC on “Oxo Alcohols Market by Type (N-Butanol, ISO Butanol, 2-Ethylhexanol), Application (Acrylates, Glycol Ethers, Acetates, Lube Oil Additives, Resins, Solvents, Plasticizers) - Global Trends & Forecast to 2020"

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Oxo alcohols are prepared by reacting olefins with syngas (hydroformulation reaction) under low pressure in presence of rhodium catalyst. The resultant aldehyde is hydrogenated to give Oxo-alcohols. Various olefins such as ethylene, propylene, acetylene can be used as raw materials for preparation of different kinds of Oxo-alcohols. The commercially important Oxo alcohols are N-butanol, 2-ethylhexanol, Isobutanol, and others. The market of Oxo alcohols is forecasted to be around 12,601 KT in terms of volume in 2020 growing at a CAGR around 4.4%. Oxo-alcohols are primarily consumed as solvents for preparing plasticizers, paints, coatings & adhesives, lubricant additives and in chemical manufacturing. The major end user industries of Oxo alcohols are acrylates, acetates, chemical intermediates, and plasticizers.
The Oxo alcohols market has grown rapidly during the past few years and this trend is expected to continue in the next five years. The growth is mainly driven by the increasing demand in the Asia-Pacific region. Asia-Pacific is the biggest market for Oxo alcohols followed by Europe and North America, which together accounted for more than 90.0% market share in 2014. China is the biggest market for Oxo alcohols, followed by United States, and is projected to grow at a CAGR of 7% between 2015 and 2020. The European market is comparatively mature with a consumption growth rate well below the average market growth. N-butanol and 2-ethylhexanol are the largest consumed Oxo alcohols with a combined market share of over 70%. Plasticizer is the largest end-user segment of Oxo alcohols followed by acrylates.
This study aims to estimate the market of Oxo alcohols in 2015 and project its demand by 2020. This market research study provides a detailed qualitative and quantitative analysis of the Oxo alcohols market. It provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. The market is further segmented and projected by regions Asia-Pacific, North America, Europe and RoW, which are further segmented by key countries in each region. We have used different secondary sources such as encyclopedia, directories, and databases to identify and collect information useful for this extensive commercial study of Oxo alcohols. The primary sources that include experts from related industries and suppliers have been interviewed to verify and collect critical information as well as to assess the future prospects of Oxo alcohols.
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Issued By swap
Country United States
Categories Business , Industry , Research
Tags oxo alcohols market
Last Updated June 13, 2017