Global Isononanoic Acid Market Growth 2023-2029

Global Isononanoic Acid Market Growth 2023-2029

Isononanoic acid is a mixture of isomers with a 3, 5, 5-trimethylhexanoic acid content of about 90%, and is obtained by oxidation of the corresponding isononyl aldehyde. The clear, colorless liquid with a faint odor is miscible with the usual organic solvents. Isononanoic acid is only sparingly soluble in water.
LPI (LP Information)' newest research report, the “Isononanoic Acid Industry Forecast” looks at past sales and reviews total world Isononanoic Acid sales in 2022, providing a comprehensive analysis by region and market sector of projected Isononanoic Acid sales for 2023 through 2029. With Isononanoic Acid sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Isononanoic Acid industry.
This Insight Report provides a comprehensive analysis of the global Isononanoic Acid landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Isononanoic Acid portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Isononanoic Acid market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Isononanoic Acid and breaks down the forecast by purity, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Isononanoic Acid.
The global Isononanoic Acid market size is projected to grow from US$ 102.7 million in 2022 to US$ 132.8 million in 2029; it is expected to grow at a CAGR of 132.8 from 2023 to 2029.
Currently, the high degree of concentration of the industry, OQ Chemicals, BASF and KH Neochem control this industry. Moreover, KH Neochem is the largest manufacturer in the world, with 40% market shares. Asia Pacific is the largest market, with a share about 44%, followed by Europe and North America with the share about 29% and 20%.
This report presents a comprehensive overview, market shares, and growth opportunities of Isononanoic Acid market by product purity, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by purity
Below 99%
Above 99%
Segmentation by application
Metal Working Fluids
Lubricant
Plasticizer
Coating and Paint
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
OQ Chemicals
BASF
KH Neochem
Key Questions Addressed in this Report
What is the 10-year outlook for the global Isononanoic Acid market?
What factors are driving Isononanoic Acid market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Isononanoic Acid market opportunities vary by end market size?
How does Isononanoic Acid break out purity, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.