ID: MRFR/CnM/5174-HCR | August 2022 | Region: Global | 140 Pages
TABLE OF CONTENTS
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics of Global Oxo Alcohol Market
4.1 Introduction
4.2 Drivers
4.3 Restraints
4.4 Opportunities
4.5 Challenges
4.6 Trends/Technology
5 Market Factor Analysis of Global Oxo Alcohol Market
5.1 Supply Chain Analysis
5.1.1 Raw Material Suppliers
5.1.2 Manufacturers/Producers
5.1.3 Distributors/Retailers/Wholesalers/E-Commerce
5.1.4 End User
5.2 Porter’s Five Forces Analysis
5.2.1 Threat of New Entrants
5.2.2 Bargaining Power of Buyers
5.2.3 Bargaining Power of Suppliers
5.2.4 Threat of Substitutes
5.2.5 Intensity of Competitive Rivalry
6. Global Oxo Alcohol Market, by Type
6.1 Introduction
6.2 n-Butanol
6.2.1 Market Estimates & Forecast, 2020−2027
6.2.2 Market Estimates & Forecast, by Region, 2020−2027
6.3 Iso-Butanol
6.3.1 Market Estimates & Forecast, 2020−2027
6.3.2 Market Estimates & Forecast, by Region, 2020−2027
6.4 2-Ethylhexanol
6.4.1 Market Estimates & Forecast, 2020−2027
6.4.2 Market Estimates & Forecast, by Region, 2020−2027
6.5 Others
6.5.1 Market Estimates & Forecast, 2020−2027
6.5.2 Market Estimates & Forecast, by Region, 2020−2027
7. Global Oxo Alcohol Market, by Application
7.1 Introduction
7.2 Plasticizers
7.2.1 Market Estimates & Forecast, 2020−2027
7.2.2 Market Estimates & Forecast, by Region, 2020−2027
7.3 Acrylates
7.3.1 Market Estimates & Forecast, 2020−2027
7.3.2 Market Estimates & Forecast, by Region, 2020−2027
7.4 Acetates
7.4.1 Market Estimates & Forecast, 2020−2027
7.4.2 Market Estimates & Forecast, by Region, 2020−2027
7.5 Resins
7.5.1 Market Estimates & Forecast, 2020−2027
7.5.2 Market Estimates & Forecast, by Region, 2020−2027
7.6 Solvents
7.6.1 Market Estimates & Forecast, 2020−2027
7.6.2 Market Estimates & Forecast, by Region, 2020−2027
7.7 Glycol Ethers
7.7.1 Market Estimates & Forecast, 2020−2027
7.7.2 Market Estimates & Forecast, by Region, 2020−2027
7.8 Lube-Oil Additives
7.8.1 Market Estimates & Forecast, 2020−2027
7.8.2 Market Estimates & Forecast, by Region, 2020−2027
7.9 Others
7.9.1 Market Estimates & Forecast, 2020−2027
7.9.2 Market Estimates & Forecast, by Region, 2020−2027
8. Global Oxo Alcohol Market, by Region
8.1 Introduction
8.2 North America
8.2.1 Market Estimates & Forecast, 2020−2027
8.2.2 Market Estimates & Forecast, by Type, 2020−2027
8.2.3 Market Estimates & Forecast, by Application, 2020−2027
8.2.4 US
8.2.4.1 Market Estimates & Forecast, 2020−2027
8.2.4.2 Market Estimates & Forecast, by Type, 2020−2027
8.2.4.3 Market Estimates & Forecast, by Application, 2020−2027
8.2.5 Canada
8.2.5.1 Market Estimates & Forecast, 2020−2027
8.2.5.2 Market Estimates & Forecast, by Type, 2020−2027
8.2.5.3 Market Estimates & Forecast, by Application, 2020−2027
8.3 Europe
8.3.1 Market Estimates & Forecast, 2020−2027
8.3.2 Market Estimates & Forecast, by Type, 2020−2027
8.3.3 Market Estimates & Forecast, by Application, 2020−2027
8.3.4 Germany
8.3.4.1 Market Estimates & Forecast, 2020−2027
8.3.4.2 Market Estimates & Forecast, by Type, 2020−2027
8.3.4.3 Market Estimates & Forecast, by Application, 2020−2027
8.3.5 France
8.3.5.1 Market Estimates & Forecast, 2020−2027
8.3.5.2 Market Estimates & Forecast, by Type, 2020−2027
8.3.5.3 Market Estimates & Forecast, by Application, 2020−2027
8.3.6 Italy
8.3.6.1 Market Estimates & Forecast, 2020−2027
8.3.6.2 Market Estimates & Forecast, by Type, 2020−2027
8.3.6.3 Market Estimates & Forecast, by Application, 2020−2027
8.3.7 Spain
8.3.7.1 Market Estimates & Forecast, 2020−2027
8.3.7.2 Market Estimates & Forecast, by Type,2020−2027
8.3.7.3 Market Estimates & Forecast, by Application, 2020−2027
8.3.8 UK
8.3.8.1 Market Estimates & Forecast, 2020−2027
8.3.8.2 Market Estimates & Forecast, by Type,2020−2027
8.3.8.3 Market Estimates & Forecast, by Application, 2020−2027
8.3.9 Russia
8.3.9.1 Market Estimates & Forecast, 2020−2027
8.3.9.2 Market Estimates & Forecast, by Type,2020−2027
8.3.9.3 Market Estimates & Forecast, by Application, 2020−2027
8.3.10 Poland
8.3.10.1 Market Estimates & Forecast, 2020−2027
8.3.10.2 Market Estimates & Forecast, by Type, 2020−2027
8.3.10.3 Market Estimates & Forecast, by Application, 2020−2027
8.3.11 Rest of Europe
8.3.11.1 Market Estimates & Forecast, 2020−2027
8.3.11.2 Market Estimates & Forecast, by Type, 2020−2027
8.3.11.3 Market Estimates & Forecast, by Application, 2020−2027
8.4 Asia-Pacific
8.4.1 Market Estimates & Forecast, 2020−2027
8.4.2 Market Estimates & Forecast, by Type, 2020−2027
8.4.3 Market Estimates & Forecast, by Application, 2020−2027
8.4.4 China
8.4.4.1 Market Estimates & Forecast, 2020−2027
8.4.4.2 Market Estimates & Forecast, by Type, 2020−2027
8.4.4.3 Market Estimates & Forecast, by Application, 2020−2027
8.4.5 India
8.4.5.1 Market Estimates & Forecast, 2020−2027
8.4.5.2 Market Estimates & Forecast, by Type, 2020−2027
8.4.5.3 Market Estimates & Forecast, by Application, 2020−2027
8.4.6 Japan
8.4.6.1 Market Estimates & Forecast, 2020−2027
8.4.6.2 Market Estimates & Forecast, by Type, 2020−2027
8.4.6.3 Market Estimates & Forecast, by Application, 2020−2027
8.4.7 Australia & New Zealand
8.4.7.1 Market Estimates & Forecast, 2020−2027
8.4.7.2 Market Estimates & Forecast, by Type, 2020−2027
8.4.7.3 Market Estimates & Forecast, by Application, 2020−2027
8.4.8 Rest of Asia-Pacific
8.4.8.1 Market Estimates & Forecast, 2020−2027
8.4.8.2 Market Estimates & Forecast, by Type, 2020−2027
8.4.8.3 Market Estimates & Forecast, by Application, 2020−2027
8.5 Middle East & Africa
8.5.1 Market Estimates & Forecast, 2020−2027
8.5.2 Market Estimates & Forecast, by Type, 2020−2027
8.5.3 Market Estimates & Forecast, by Application, 2020−2027
8.5.4 GCC
8.5.4.1 Market Estimates & Forecast, 2020−2027
8.5.4.2 Market Estimates & Forecast, by Type, 2020−2027
8.5.4.3 Market Estimates & Forecast, by Application, 2020−2027
8.5.5 Israel
8.5.5.1 Market Estimates & Forecast, 2020−2027
8.5.5.2 Market Estimates & Forecast, by Type, 2020−2027
8.5.5.3 Market Estimates & Forecast, by Application, 2020−2027
8.5.6 North Africa
8.5.6.1 Market Estimates & Forecast, 2020−2027
8.5.6.2 Market Estimates & Forecast, by Type, 2020−2027
8.5.6.3 Market Estimates & Forecast, by Application, 2020−2027
8.5.7 Turkey
8.5.7.1 Market Estimates & Forecast, 2020−2027
8.5.7.2 Market Estimates & Forecast, by Type, 2020−2027
8.5.7.3 Market Estimates & Forecast, by Application, 2020−2027
8.5.8 Rest of Middle East & Africa
8.5.8.1 Market Estimates & Forecast, 2020−2027
8.5.8.2 Market Estimates & Forecast, by Type, 2020−2027
8.5.8.3 Market Estimates & Forecast, by Application, 2020−2027
8.6 Latin America
8.6.1 Market Estimates & Forecast, 2020−2027
8.6.2 Market Estimates & Forecast, by Type, 2020−2027
8.6.3 Market Estimates & Forecast, by Application, 2020−2027
8.6.4 Brazil
8.6.4.1 Market Estimates & Forecast, 2020−2027
8.6.4.2 Market Estimates & Forecast, by Type, 2020−2027
8.6.4.3 Market Estimates & Forecast, by Application, 2020−2027
8.6.5 Argentina
8.6.5.1 Market Estimates & Forecast, 2020−2027
8.6.5.2 Market Estimates & Forecast, by Type, 2020−2027
8.6.5.3 Market Estimates & Forecast, by Application, 2020−2027
8.6.6 Mexico
8.6.6.1 Market Estimates & Forecast, 2020−2027
8.6.6.2 Market Estimates & Forecast, by Type, 2020−2027
8.6.6.3 Market Estimates & Forecast, by Application, 2020−2027
8.6.7 Rest of Latin America
8.6.7.1 Market Estimates & Forecast, 2020−2027
8.6.7.2 Market Estimates & Forecast, by Type, 2020−2027
8.6.7.3 Market Estimates & Forecast, by Application, 2020−2027
9. Company Landscape
9.1 Introduction
9.2 Market Strategy
9.3 Key Development Analysis (Expansion/Merger & Acquisitions/Joint Venture/New Product Development/Agreement/Investment)
10. Company Profiles
10.1 BASF SE
10.1.1 Company Overview
10.1.2 Financial Updates
10.1.3 Product/Business Segment Overview
10.1.4 Strategy
10.1.5 Key Developments
10.1.6 SWOT Analysis
10.2 DowDuPont
10.2.1 Company Overview
10.2.2 Financial Updates
10.2.3 Product/Business Segment Overview
10.2.4 Strategy
10.2.5 Key Developments
10.2.6 SWOT Analysis
10.3 Exxon Mobil Corporation
10.3.1 Company Overview
10.3.2 Financial Updates
10.3.3 Product/Business Segment Overview
10.3.4 Strategy
10.3.5 Key Developments
10.3.6 SWOT Analysis
10.4 Eastman Chemical Company
10.4.1 Company Overview
10.4.2 Financial Updates
10.4.3 Product/Business Segment Overview
10.4.4 Strategy
10.4.5 Key Developments
10.4.6 SWOT Analysis
10.5 Sasol
10.5.1 Company Overview
10.5.2 Financial Updates
10.5.3 Product/Business Segment Overview
10.5.4 Strategy
10.5.5 Key Developments
10.5.6 SWOT Analysis
10.6 Grupa Azoty ZAK SA
10.6.1 Company Overview
10.6.2 Financial Updates
10.6.3 Product/Business Segment Overview
10.6.4 Strategy
10.6.5 Key Developments
10.6.6 SWOT Analysis
10.7 Ineos
10.7.1 Company Overview
10.7.2 Financial Updates
10.7.3 Product/Business Segment Overview
10.7.4 Strategy
10.7.5 Key Developments
10.7.6 SWOT Analysis
10.8 Formosa Plastics Corporation
10.8.1 Company Overview
10.8.2 Financial Updates
10.8.3 Product/Business Segment Overview
10.8.4 Strategy
10.8.5 Key Developments
10.8.6 SWOT Analysis
10.9 China Petrochemical Corporation
10.9.1 Company Overview
10.9.2 Financial Updates
10.9.3 Product/Business Segment Overview
10.9.4 Strategy
10.9.5 Key Developments
10.9.6 SWOT Analysis
11. Conclusion
LIST OF TABLES
Table 1 Global Oxo Alcohol Market: by Region, 2020−2027
Table 2 North America: Oxo Alcohol Market, by Country, 2020−2027
Table 3 Europe: Oxo Alcohol Market, by Country, 2020−2027
Table 4 Asia-Pacific: Oxo Alcohol Market. by Country, 2020−2027
Table 5 Middle East & Africa: Oxo Alcohol Market, by Country, 2020−2027
Table 6 Latin America: Oxo Alcohol Market, by Country, 2020−2027
Table 7 Global Oxo Alcohol Type Market, by Regions, 2020−2027
Table 8 North America: Oxo Alcohol Type Market, by Country, 2020−2027
Table 9 Europe: Oxo Alcohol Type Market, by Country, 2020−2027
Table10 Asia-Pacific: Oxo Alcohol Type Market, by Country, 2020−2027
Table11 Middle East & Africa: Oxo Alcohol Type Market, by Country, 2020−2027
Table12 Latin America: Oxo Alcohol Type Market, by Country, 2020−2027
Table 13 Global Oxo Alcohol Application Market, by Regions, 2020−2027
Table14 North America: Oxo Alcohol Application Market, by Country, 2020−2027
Table15 Europe: Oxo Alcohol Application Market, by Country, 2020−2027
Table16 Asia-Pacific: Oxo Alcohol Application Market, by Country, 2020−2027
Table17 Middle East & Africa: Oxo Alcohol Application Market, by Country, 2020−2027
Table18 Latin America: Oxo Alcohol by Application Market, by Country, 2020-2027
Table19 Global Type Market, by Region, 2020−2027
Table20 Global Application Market, by Region, 2020−2027
Table21 North America: Oxo Alcohol Market, by Country, 2020−2027
Table22 North America: Oxo Alcohol Market, by Type, 2020−2027
Table23 North America: Oxo Alcohol Market, by Application, 2020−2027
Table24 Europe: Oxo Alcohol Market, by Country, 2020−2027
Table25 Europe: Oxo Alcohol Market, by Type, 2020−2027
Table26 Europe: Oxo Alcohol Market, by Application, 2020−2027
Table27 Asia-Pacific: Oxo Alcohol Market, by Country, 2020−2027
Table28 Asia-Pacific: Oxo Alcohol Market, by Type, 2020−2027
Table29 Asia-Pacific: Oxo Alcohol Market, by Application, 2020−2027
Table30 Middle East & Africa: Oxo Alcohol Market, by Country, 2020−2027
Table31 Middle East & Africa: Oxo Alcohol Market, by Type, 2020−2027
Table32 Middle East & Africa: Oxo Alcohol Market, by Application, 2020−2027
Table33 Latin America: Oxo Alcohol Market, by Country, 2020−2027
Table34 Latin America: Oxo Alcohol Market, by Type, 2020−2027
Table35 Latin America: Oxo Alcohol Market, by Application, 2020−2027
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 2020, by Country
FIGURE 6 Global Oxo Alcohol Market, 2020−2027,
FIGURE 7 Global Oxo Alcohol Market Size, by Type, 2020
FIGURE 8 Share of Global Oxo Alcohol Market, by Type, 2020−2027
FIGURE 9 Global Oxo Alcohol Market Size, by Application, 2020
FIGURE10 Share of Global Oxo Alcohol Market, by Application, 2020−2027
$20 Billion
9%
Asia-Pacific
2021-2030
Oxo Alcohol Market Overview
The Oxo Alcohol Market was valued at US$ 20 Billion in 2020 and is expected to grow at a CAGR of 9% over the forecast period (2021-2030). When olefins react with syngas at low pressure in the presence of a rhodium catalyst, the resulting aldehyde is hydrogenated to produce Oxo alcohols. Oxo alcohols come in a variety of forms, but the most commonly utilized commercially include N-butanol, 2-ethyl hexanol, Isobutanol, and others. These are generally used as solvents in the manufacture of plasticizers, paints, coatings, adhesives, lubricant additives, and chemicals. As a result, there are several applications for them in the automobile, construction, and other end-use industries.
For a few years, the market for oxy alcohols has been quickly expanding. The Asia-Pacific area is driving the expansion. With a combined market share of more than 70%, N-butanol and 2-ethyl hexanol are the most widely used Oxo alcohols. Furthermore, the market is being driven by the usage of oxo alcohol in the pharmaceutical and agricultural industries. Another major aspect fueling the market expansion is the growth in the automotive industry and the rising demand for construction works.
Key Players:
DowDuPont (US), BASF SE (Germany), ExxonMobil Corporation (US), Eastman Chemical Company (US), Sasol (South Africa), Grupa Azoty ZAK SA (Poland), Ineos (UK), Formosa Plastics Corporation (Taiwan), and China Petrochemical Corporation (China) are some of the prominent players in the global oxo alcohol market.
The major players in the oxo alcohol market are focusing on expanding their existing business to meet the growing demand for oxo alcohol and remain among the top players of the market. For instance, in March 2017, INEOS announced the completion of the acquisition of Arkema’s oxo alcohol business. This acquisition led to an expansion in their current business size and strengthened their position in the global market.
However, stringent environmental regulations on oxo alcohols and fluctuating raw material prices are expected to restrain the market growth. In addition to this, the fluctuating prices of crude oil has become a challenge in the growth of the global oxo alcohol market.
Global Oxo Alcohol Market Share, by Type (2017)
Source: MRFR Analysis
Market Segmentation:
The Global Oxo Alcohol Market has been segmented on the basis of type, application, and region.
Based on type, the global oxo alcohol market has been divided into n-butanol, iso-butanol, 2-ethylhexanol, and others.
By application, the global oxo alcohol market has been segmented into acrylates, plasticizers, resins, acetates, solvents, lube oil additives, glycol ethers, and others.
Regional Analysis:
The Global Oxo Alcohol Market has been studied across five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East & Africa.
Asia-Pacific held for the largest and the fastest growing market in the global oxo alcohol market in 2017. The growing automotive and construction industries in this region have been major drivers for the growth of oxo alcohol market in Asia-Pacific. The application of oxo alcohol in paints, varnishes, coatings, and adhesives has increased their demand in these industries. Hence, the region is expected to show a strong growth during the review period.
North America held the second-largest share in the global oxo alcohol market in 2017. The growth is attributed to the use of the product in plasticizers, which has widespread application in automotive, construction, and electronics industry. Established automotive and construction industries have positively affected the growth of oxo alcohol in the North American market. Thus, the North American market is expected to grow at a faster pace in the coming years.
The use of oxo alcohol in the pharmaceutical and agricultural industries are driving the market. In addition to this, the growing automotive industry, which is responsible for the high demand for oxo alcohol, is another important factor that has resulted in the growth of the market in this region. The European market is expected to show remarkable growth during the forecast period.
The growing use of oxo alcohol for making solvents and glycol ether has led to the rise in the demand for oxo alcohol in Brazil and other Latin American countries. Thus, the Latin American market is expected to show moderate growth for the oxo alcohol market in future years.
The Middle East & Africa market is projected to showcase steady growth, during the review period, owing to the rising construction activities, which has given rise to the demand for plasticizers, and hence the hike in the demand of oxo alcohol in this region.
Recent Development
Intended Audience:
Report Attribute/Metric | Details |
---|---|
Market Size | 2030 : Significant value |
CAGR | 2022-2030: Substantial CAGR |
Base Year | 2021 |
Forecast Period | 2022 to 2030 |
Historical Data | 2019 & 2020 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, Application |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | DowDuPont (US), BASF SE (Germany), ExxonMobil Corporation (US), Eastman Chemical Company (US), Sasol (South Africa), Grupa Azoty ZAK SA (Poland), Ineos (UK), Formosa Plastics Corporation (Taiwan), and China Petrochemical Corporation (China) |
Key Market Opportunities | ever-growing pharmaceutical industry |
Key Market Drivers |
|
Frequently Asked Questions (FAQ) :
The forecast period for Oxo Alcohol Market research report is 2020-2027.
Oxo Alcohol Market is dominated by APAC region.
The major players are DowDuPont (US), BASF SE (Germany), ExxonMobil Corporation (US), Eastman Chemical Company (US), Sasol (South Africa), Grupa Azoty ZAK SA (Poland), Ineos (UK), Formosa Plastics Corporation (Taiwan), and China Petrochemical Corporation (China)