Market Overview:
The global N-octyl mercaptan market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for rubber additives and antioxidants, polymers, and other applications. Additionally, the growing demand for N-octyl mercaptan from emerging economies is also contributing to the growth of this market. However, volatility in prices of raw materials may restrain the growth of this market during the forecast period.
Product Definition:
N-octyl mercaptan is an organosulfur compound with the formula CH3CH2CH2SH. It is a colorless liquid that smells of garlic or skunk. It is used as an additive in fuel and oil to impart a sulfur odor so that leaks can be detected.
Above 98.5%:
N-octyl mercaptan is a type of organic compound, which is odorless and colorless. It has a strong smell similar to that of cooked cabbage or rotten eggs. N-octyl Mercaptan is also known as 8-Methylnonenamide or sometimes written as "8-methyl nonenamide".
Below 98.5%:
N-octyl mercaptan is a type of organic compound, which is odorless and colorless. It has a strong smell similar to that of skunk cabbage. N-octyl mercaptan below 98% purity will have an unpleasant odor like that of skunk cabbage when it is exposed to air.
Application Insights:
The global N-octyl mercaptan market is segmented based on application into rubber additives & antioxidants, polymers, and others. In 2017, the rubber additives & antioxidants segment dominated the global N-octyl mercaptan market with a revenue share of over 60%. The use of antioxidant agents in tires has become necessary to maintain tire performance and life due to rising environmental concerns regarding VOC emissions from tire manufacturing processes.
Polymer manufacturers are also increasingly using octylamine as an additive for their products. It is used as a viscosity modifier for high molecular weight polyethylene (HMWPE) resins that are used in waterborne paints and coatings.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and is expected to continue its dominance over the forecast period. The region accounts for a major share of global production owing to cheap labor costs, availability of raw materials, and proximity to end-use markets. China is one of the leading producers as well as consumers in this region due to easy access to raw materials and low cost compared with other regions.
The demand for NATM has been increasing significantly owing rising consumption in various applications such as polymers, rubber additives, antioxidants, adhesives & sealants. Increasing population coupled with rising disposable income has led manufacturers focus on expanding their business by introducing new products that meet consumer needs at competitive prices thus driving industry growth across Asia Pacific over the forecast period.
Growth Factors:
- Increasing demand for octyl mercaptan in various end-use industries such as paints & coatings, adhesives, and sealants is expected to drive the market growth.
- Rising awareness about the benefits of octyl mercaptan is projected to fuel the market growth over the forecast period.
- Growing demand for specialty chemicals across different applications is anticipated to boost the market growth in near future.
- Technological advancements in production process of octyl mercaptan are likely to provide new opportunities for market players over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
N-octyl Mercaptan Market Research Report
By Type
Above 98.5%, Below 98.5%
By Application
Rubber Additives & Antioxidants, Polymers, Others
By Companies
Chevron Phillips Chemical, Arkema Group, Isu Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
128
Number of Tables & Figures
90
Customization Available
Yes, the report can be customized as per your need.
Global N-octyl Mercaptan Market Report Segments:
The global N-octyl Mercaptan market is segmented on the basis of:
Types
Above 98.5%, Below 98.5%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rubber Additives & Antioxidants, Polymers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Chevron Phillips Chemical
- Arkema Group
- Isu Chemical
Highlights of The N-octyl Mercaptan Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Above 98.5%
- Below 98.5%
- By Application:
- Rubber Additives & Antioxidants
- Polymers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the N-octyl Mercaptan Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
N-octyl mercaptan is a chemical compound with the formula C8H10O4. It is a colorless liquid that has a strong, unpleasant odor. N-octyl mercaptan is used in industrial processes to detect leaks and in the production of fragrances and flavors.
Some of the major companies in the n-octyl mercaptan market are Chevron Phillips Chemical, Arkema Group, Isu Chemical.
The n-octyl mercaptan market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 N-octyl Mercaptan Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 N-octyl Mercaptan Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 N-octyl Mercaptan Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the N-octyl Mercaptan Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global N-octyl Mercaptan Market Size & Forecast, 2018-2028
4.5.1 N-octyl Mercaptan Market Size and Y-o-Y Growth
4.5.2 N-octyl Mercaptan Market Absolute $ Opportunity
Chapter 5 Global N-octyl Mercaptan Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 N-octyl Mercaptan Market Size Forecast by Type
5.2.1 Above 98.5%
5.2.2 Below 98.5%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global N-octyl Mercaptan Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 N-octyl Mercaptan Market Size Forecast by Applications
6.2.1 Rubber Additives & Antioxidants
6.2.2 Polymers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global N-octyl Mercaptan Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 N-octyl Mercaptan Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America N-octyl Mercaptan Analysis and Forecast
9.1 Introduction
9.2 North America N-octyl Mercaptan Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America N-octyl Mercaptan Market Size Forecast by Type
9.6.1 Above 98.5%
9.6.2 Below 98.5%
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America N-octyl Mercaptan Market Size Forecast by Applications
9.10.1 Rubber Additives & Antioxidants
9.10.2 Polymers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe N-octyl Mercaptan Analysis and Forecast
10.1 Introduction
10.2 Europe N-octyl Mercaptan Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe N-octyl Mercaptan Market Size Forecast by Type
10.6.1 Above 98.5%
10.6.2 Below 98.5%
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe N-octyl Mercaptan Market Size Forecast by Applications
10.10.1 Rubber Additives & Antioxidants
10.10.2 Polymers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific N-octyl Mercaptan Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific N-octyl Mercaptan Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific N-octyl Mercaptan Market Size Forecast by Type
11.6.1 Above 98.5%
11.6.2 Below 98.5%
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific N-octyl Mercaptan Market Size Forecast by Applications
11.10.1 Rubber Additives & Antioxidants
11.10.2 Polymers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America N-octyl Mercaptan Analysis and Forecast
12.1 Introduction
12.2 Latin America N-octyl Mercaptan Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America N-octyl Mercaptan Market Size Forecast by Type
12.6.1 Above 98.5%
12.6.2 Below 98.5%
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America N-octyl Mercaptan Market Size Forecast by Applications
12.10.1 Rubber Additives & Antioxidants
12.10.2 Polymers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) N-octyl Mercaptan Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) N-octyl Mercaptan Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) N-octyl Mercaptan Market Size Forecast by Type
13.6.1 Above 98.5%
13.6.2 Below 98.5%
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) N-octyl Mercaptan Market Size Forecast by Applications
13.10.1 Rubber Additives & Antioxidants
13.10.2 Polymers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 N-octyl Mercaptan Market: Competitive Dashboard
14.2 Global N-octyl Mercaptan Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chevron Phillips Chemical
14.3.2 Arkema Group
14.3.3 Isu Chemical
