Market Overview:
The global oxo alcohol 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 oxo alcohols from various applications such as plasticizers, acrylate, acetate, glycol ethers, solvents and adhesives among others. In addition, the growing demand for oxo alcohols 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. Based on type, N-butanol accounted for a major share of the global oxo alcohol market in 2017 and is expected to maintain its dominance duringthe forecast period. This can be attributedto its high demandfrom various applications such as plasticizers and glycol ethers among others.
Product Definition:
Oxo alcohols are a type of organic compound that contain the oxo group. This functional group is composed of a carbon atom double-bonded to an oxygen atom. Oxo alcohols are important because they can be used to produce other types of organic compounds, such as ketones and aldehydes.
N-Butanol:
N-Butanol, also known as 1-butanol is a colorless liquid with a strong odor. It is usually produced by the catalytic oxidation of butane (IOC) or from hydrocarbons through an intermediate butyl alcohol. N-Butanol can be used as an additive in gasoline to improve its octane number and to reduce its toxicity level.
2-Ethylhexanol:
2-ethylhexanol (2-EH) is an organic liquid that is colorless and has a mild odor. It is also known as octyl alcohol or nonyl alcohol. 2-Ethylhexanol can be produced by chemical synthesis, fermentation, and hydrolysis of ethylene. The majority of the commercially available 2-ethylhexanol products are obtained from the hydrolysis of ethylene.
Application Insights:
Plasticizers application segment accounted for the largest share of over 30% in 2017. Plasticizers are used as a component in manufacturing polyvinyl chloride, polystyrene, and other plastics. Oxo alcohols are used to produce plasticizer that is miscible with oils and butters. The growing demand for plastic products across various end-use industries such as construction & building materials, automotive & transportation is expected to drive the product demand over the forecast period.
The adhesives segment is anticipated to witness significant growth on account of increasing product utilization in adhesive formulations that offer high strength and thermal stability at low cost per unit volume compared with solvents or fatty acid based solutions. In addition, oxo alcohols exhibit superior properties including rapid drying times without causing any surface tension problems which further aids their use in high performance applications worldwide.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region accounts for a significant share of global production owing to low labor costs, which has attracted many chemical manufacturers from North America and Europe. China emerged as a major producer in this region due to easy availability of raw materials coupled with cheap labor costs.
The demand for oxo alcohols is anticipated to grow significantly in emerging economies such as India, Indonesia, Vietnam among others due to rapid industrialization along with increasing per capita income levels among consumers. In addition, growing end-use industries such as adhesives & sealants; lubes; paints & coatings; rubber additives are projecteded drive growth over the next eight years time frame.
North America accounted for more than 20% of global revenue share in 2016 on account of high consumption levels associated plasticizers application segment across various industries including automotive; construction; electronics etc.).
Growth Factors:
- Increasing demand for premium and organic products: The global Oxo Alcohol market is witnessing a shift in consumer preference towards premium and organic products. This is driving manufacturers to focus on product innovation and quality to cater to the needs of discerning consumers.
- Rising demand from the pharmaceutical industry: The pharmaceutical industry is one of the key growth drivers for the Oxo Alcohol market. With increasing awareness about the benefits of using Oxo Alcohol in various formulations, its demand is expected to rise significantly in the coming years.
- Growing popularity of bio-based solvents: Bio-based solvents are gaining popularity due their environmental friendly nature and superior performance as compared to traditional solvents. This is likely to boost demand for Oxo Alcohols in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Oxo Alcohol Market Research Report
By Type
N-Butanol, 2-Ethylhexanol, Iso-Butanol
By Application
Plasticizers, Acrylate, Acetate, Glycol Ether, Solvents, Adhesives, Lube Oil Additive
By Companies
BASF, LG Chem, Eastman Chemicals, Dow Chemicals, BAX Chemicals, Evonik
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Oxo Alcohol Market Report Segments:
The global Oxo Alcohol market is segmented on the basis of:
Types
N-Butanol, 2-Ethylhexanol, Iso-Butanol
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
Plasticizers, Acrylate, Acetate, Glycol Ether, Solvents, Adhesives, Lube Oil Additive
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:
- BASF
- LG Chem
- Eastman Chemicals
- Dow Chemicals
- BAX Chemicals
- Evonik
Highlights of The Oxo Alcohol 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:
- N-Butanol
- 2-Ethylhexanol
- Iso-Butanol
- By Application:
- Plasticizers
- Acrylate
- Acetate
- Glycol Ether
- Solvents
- Adhesives
- Lube Oil Additive
- 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 Oxo Alcohol 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?
Oxo alcohol is a brand of household cleaning products that are made with ethanol. Ethanol is a type of alcohol that is typically found in alcoholic beverages. Oxo alcohol products are designed to be gentle on your skin and furniture, and they are also biodegradable.
Some of the major players in the oxo alcohol market are BASF, LG Chem, Eastman Chemicals, Dow Chemicals, BAX Chemicals, Evonik.
The oxo alcohol market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Oxo Alcohol Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Oxo Alcohol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Oxo Alcohol Market - Supply Chain
4.5. Global Oxo Alcohol Market Forecast
4.5.1. Oxo Alcohol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Oxo Alcohol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Oxo Alcohol Market Absolute $ Opportunity
5. Global Oxo Alcohol Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Oxo Alcohol Market Size and Volume Forecast by Type
5.3.1. N-Butanol
5.3.2. 2-Ethylhexanol
5.3.3. Iso-Butanol
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Oxo Alcohol Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Oxo Alcohol Market Size and Volume Forecast by Application
6.3.1. Plasticizers
6.3.2. Acrylate
6.3.3. Acetate
6.3.4. Glycol Ether
6.3.5. Solvents
6.3.6. Adhesives
6.3.7. Lube Oil Additive
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Oxo Alcohol Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Oxo Alcohol Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Oxo Alcohol Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Oxo Alcohol Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Oxo Alcohol Demand Share Forecast, 2019-2026
9. North America Oxo Alcohol Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Oxo Alcohol Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Oxo Alcohol Market Size and Volume Forecast by Application
9.4.1. Plasticizers
9.4.2. Acrylate
9.4.3. Acetate
9.4.4. Glycol Ether
9.4.5. Solvents
9.4.6. Adhesives
9.4.7. Lube Oil Additive
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Oxo Alcohol Market Size and Volume Forecast by Type
9.7.1. N-Butanol
9.7.2. 2-Ethylhexanol
9.7.3. Iso-Butanol
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Oxo Alcohol Demand Share Forecast, 2019-2026
10. Latin America Oxo Alcohol Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Oxo Alcohol Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Oxo Alcohol Market Size and Volume Forecast by Application
10.4.1. Plasticizers
10.4.2. Acrylate
10.4.3. Acetate
10.4.4. Glycol Ether
10.4.5. Solvents
10.4.6. Adhesives
10.4.7. Lube Oil Additive
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Oxo Alcohol Market Size and Volume Forecast by Type
10.7.1. N-Butanol
10.7.2. 2-Ethylhexanol
10.7.3. Iso-Butanol
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Oxo Alcohol Demand Share Forecast, 2019-2026
11. Europe Oxo Alcohol Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Oxo Alcohol Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Oxo Alcohol Market Size and Volume Forecast by Application
11.4.1. Plasticizers
11.4.2. Acrylate
11.4.3. Acetate
11.4.4. Glycol Ether
11.4.5. Solvents
11.4.6. Adhesives
11.4.7. Lube Oil Additive
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Oxo Alcohol Market Size and Volume Forecast by Type
11.7.1. N-Butanol
11.7.2. 2-Ethylhexanol
11.7.3. Iso-Butanol
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Oxo Alcohol Demand Share, 2019-2026
12. Asia Pacific Oxo Alcohol Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Oxo Alcohol Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Oxo Alcohol Market Size and Volume Forecast by Application
12.4.1. Plasticizers
12.4.2. Acrylate
12.4.3. Acetate
12.4.4. Glycol Ether
12.4.5. Solvents
12.4.6. Adhesives
12.4.7. Lube Oil Additive
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Oxo Alcohol Market Size and Volume Forecast by Type
12.7.1. N-Butanol
12.7.2. 2-Ethylhexanol
12.7.3. Iso-Butanol
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Oxo Alcohol Demand Share, 2019-2026
13. Middle East & Africa Oxo Alcohol Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Oxo Alcohol Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Oxo Alcohol Market Size and Volume Forecast by Application
13.4.1. Plasticizers
13.4.2. Acrylate
13.4.3. Acetate
13.4.4. Glycol Ether
13.4.5. Solvents
13.4.6. Adhesives
13.4.7. Lube Oil Additive
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Oxo Alcohol Market Size and Volume Forecast by Type
13.7.1. N-Butanol
13.7.2. 2-Ethylhexanol
13.7.3. Iso-Butanol
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Oxo Alcohol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Oxo Alcohol Market: Market Share Analysis
14.2. Oxo Alcohol Distributors and Customers
14.3. Oxo Alcohol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BASF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. LG Chem
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Eastman Chemicals
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Dow Chemicals
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BAX Chemicals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Evonik
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
