Oxo Alcohols Market Set for Rapid Growth During 2021-2026

October 27, 2021

A new report has been published by Stratview Research, titled, “Oxo Alcohols Market” The experts authoring this report have made an effort at providing in-depth information on leading growth drivers, restrictions, challenges, current and upcoming trends, and opportunities to offer a comprehensive assessment of the global Oxo Alcohols Market. Users can use the analysis included in this report to plan effective growth strategies and prepare for future challenges beforehand.

Market segmentation

Market segmentation has been done correctly to help the users define and better understand their target audiences and ideal customers. Market segmentation in this report allows you to identify the right market for your products and then target your marketing more effectively.

Oxo Alcohols Market Share: By Product Type

Based on the product type, the market is segmented as iso-butanol, n-butanol, 2-ethylhexanol, and others. 2-ethylhexanol is estimated to account for the major share of the market on account of its utilization in downstream application and petrochemical industry. On the other hand, iso-butanol is estimated to witness significant growth in the market owing to its attractive features such as good adhesion to surface, flexibility, enhanced flow, and climatic resistance making it suitable for utilization in production of paints, industrial & household coatings and adhesives, wood varnishes, accelerating the overall industry growth during the forecast period.

Oxo Alcohols Market Share: By Application Type

Based on the application type, the market is segmented as plasticizers, acrylate, acetate, glycol ether, solvents, adhesives, lube oil additive, and others. Plasticizers are estimated to be the dominating application type in the market during the forecast period on account of their strong scope of application in the polymer industry. On the other hand, lube oil additive is expected to witness significant growth in the market owing to the growing demand for effective lubrication systems in automobiles and machinery.

Oxo Alcohols Market Share: By Region

In terms of regions, Europe is estimated to account for the major share of the market owing to increasing automotive production rates coupled with the presence of some of the key OEMs and lubricant manufacturers in the region. Italy, Germany, and Spain are the major growth engines of the region likely to provide lucrative growth opportunities during the forecast period. On the other hand, Asia-Pacific is estimated to witness significant growth in the market with China being the major country with growing demand for paints & coatings, adhesives & varnishes, etc. fueling the regional market growth over the forecast period.

As the novel coronavirus (COVID-19) crisis takes over the world, our team of market analysts is continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and their estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Competitive landscape

Relying on data to make business decisions and to have a competitive advantage, is a critical aspect every key player needs to be familiar with. The report throws light on the competitive scenario of the global Oxo Alcohols Market along with a list of Key players.

Here are few –

• BASF Petronas
• Bax Chemicals
• Eastman Chemical Company
• Elekeiroz
• Evonik Industries
• Exxon Mobil Corporation
• LG Chem Ltd.
• OXEA GmbH
• Sasol Ltd.
• The Dow Chemical Company.

Report Features -

This market report includes the following features –

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints.
• Market trend and forecast analysis.
• Competitive landscape and dynamics: Market share, Product portfolio, New Product Launches, M&As etc.
• Attractive market segments and associated growth opportunities.
• Emerging trends.

Custom Research:

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About Stratview Research –

Stratview Research is a leading market research firm that offers wide range of services like syndicated market reports, consulting, sourcing intelligence, and customer research, etc. Stratview Research’s offerings include comprehensive market intelligence in the form of research reports, and consulting services. Our team which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 500 companies.

Author : Harshad