Oxo Alcohol Market 2018 Industry Size, Global Demand, Trends, Top Key Players and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

Oxo Alcohol Market 2018 Oxo Alcohol Market 2018: Industry Size, Global Demand, Trends, Top Key Players and Forecasts to 2023 Oxo alcohol is prepared by the reaction between olefin and syngas to obtain aldehyde, and further, the aldehyde is hydrogenated to obtain alcohol. Commercially, three types of oxo alcohols are used in industries, namely n-butanol, iso-butanol, 2-ethylhexanol, isononanol. They find application in acrylates, acetates, resins, plasticizers, solvents, lube oil additives, glycol ethers, and others. Oxo alcohol is used as a solvent and reacted with phthalic anhydride to form phthalates, which are further converted into vinyl plasticizers. These plasticizers have widespread applications in automotive, construction, and other end-use industries. Thus, growing use of plasticizers in these end-use industries is expected to drive the global oxo alcohol market. Plasticizers also accounted for the largest and the fastest growing application segment in the global oxo alcohol market in 2017.

Oxo Alcohol Market 2018 Market Segmentation Based on application, the market has been divided into plasticizers, acrylates, acetates, resins, solvents, glycol ethers, lube oil additives, and others. Plasticizers segment held the largest market share in the global oxo alcohol market in This is attributed to the growing use of plasticizers in PVC applications, automotive and construction industries for packaging owing to the high flexibility and durability offered by plasticizers. These factors have fueled the growth of plasticizers in the global oxo alcohol market. Thus, plasticizers segment is projected to grow at the fastest pace during the review period. On the basis of type, the market has been segmented into n-butanol, iso-butanol, 2-ethylhexanol, and others. All these types of oxo alcohols are commercially used. Moreover, the 2ethylhexanol segment dominated the oxo- alcohol market, by type, in Oxo alcohol is extensively used in the production of plasticizers, coatings, adhesives, and other specialty chemicals. Plasticizers are widely used in end-use industries, such as automotive, construction, and electronics. Along with this, their use in coatings, adhesives have driven the demand for oxo alcohol in the global market. Furthermore, 2-ethylhexanol is also used as an all-purpose plasticizer for polyvinyl chloride (PVC) and vinyl chloride copolymers. These factors have led to an increase in the market share of 2- ethylhexanol segment in the global market and it is expected to show strong growth during the review period. Enquiry of the

Oxo Alcohol Market 2018 Regional Analysis The global oxo alcohol market has been analyzed with respect to five regions, namely Asia-Pacific, North America, Europe, Latin America, and the Middle East and Africa. Asia-Pacific accounted for the largest and the fastest growing market for oxo alcohol in 2017, owing to the rising automobile and construction industries. The North American market is expected to show remarkable growth during the review period, attributing to the growing use of oxo alcohol in various applications, such as resins, plasticizers, and lube oil additives. The European market is projected to showcase remarkable growth during the forecast years. While Latin America and the Middle East & Africa are expected to show moderate and steady growth, respectively, during the forecast period. Browse alcohol-market-6637https:// alcohol-market-6637

Oxo Alcohol Market 2018 Application & Major Players in this Research: Key Players for Seed Treatment Market: BASF SE (Germany), DowDuPont (US), ExxonMobil Corporation (US), Sasol (South Africa), Grupa Azoty ZAK SA (Poland), Ineos (UK), Formosa Plastics Corporation (Taiwan), China Petrochemical Corporation (China) Request a Sample

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