Oxo Alcohol Market Report: Trends, Forecast and Competitive Analysis to 2030
Oxo Alcohol Trends and Forecast
The future of the global oxo alcohol market looks promising with opportunities in the acrylate, glycol ether, acetate, lube oil additive, resin, solvent, and plasticizer markets. The global oxo alcohol market is expected to reach an estimated $22.4 billion by 2030 with a CAGR of 5.3% from 2024 to 2030. The major drivers for this market are growing manufacturing facility growth and rapid industrialization, increasing funding for research and development (R&D) efforts by major industry participants to bring more effective oxo-alcohol variations, as well as, rising use of the chemicals in the pharmaceutical and agricultural sectors.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Oxo Alcohol by Segment
The study includes a forecast for the global oxo alcohol by product, application, and region.
Oxo Alcohol Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- N-Butanol
- 2-Ethyl Hexanol
- Isobutanol
Oxo Alcohol Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Acrylate
- Glycol Ether
- Acetate
- Lube Oil Additive
- Resin
- Solvent
- Plasticizer
- Others
Oxo Alcohol Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Oxo Alcohol Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oxo alcohol companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oxo alcohol companies profiled in this report include-
- DowDuPont
- BASF
- ExxonMobil
- Eastman Chemical
- Sasol
- Grupa Azoty ZAK
- INEOS
Oxo Alcohol Market Insights
Lucintel forecasts that n-butanol is expected to witness the highest growth over the forecast period because it is used as a solvent for paints, varnishes, coats, fats, oils, waxes and plastics.
APAC is expected to witness highest growth over the forecast period due to rising automotive and construction activities in this region.
Features of the Global Oxo Alcohol Market
Market Size Estimates: Oxo alcohol market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Oxo alcohol market size by product, application, and region in terms of value ($B).
Regional Analysis: Oxo alcohol market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the oxo alcohol market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the oxo alcohol market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the oxo alcohol market size?
Answer: The global oxo alcohol market is expected to reach an estimated $22.4 billion by 2030.
Q2. What is the growth forecast for oxo alcohol market?
Answer: The global oxo alcohol market is expected to grow with a CAGR of 5.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the oxo alcohol market?
Answer: The major drivers for this market are growing manufacturing facility growth and rapid industrialization, increasing funding for research and development (R&D) efforts by major industry participants to bring more effective oxo-alcohol variations, as well as, rising use of the chemicals in the pharmaceutical and agricultural sectors.
Q4. What are the major segments for oxo alcohol market?
Answer: The future of the global oxo alcohol market looks promising with opportunities in the acrylate, glycol ether, acetate, lube oil additive, resin, solvent, and plasticizer markets.
Q5. Who are the key oxo alcohol market companies?
Answer: Some of the key oxo alcohol companies are as follows:
- DowDuPont
- BASF
- ExxonMobil
- Eastman Chemical
- Sasol
- Grupa Azoty ZAK
- INEOS
Q6. Which oxo alcohol market segment will be the largest in future?
Answer: Lucintel forecasts that n-butanol is expected to witness the highest growth over the forecast period because it is used as a solvent for paints, varnishes, coats, fats, oils, waxes and plastics.
Q7. In oxo alcohol market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to rising automotive and construction activities in this region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the oxo alcohol market by product (n-butanol, 2-ethyl hexanol, and isobutanol), application (acrylate, glycol ether, acetate, lube oil additive, resin, solvent, plasticizer, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?