Oxo alcohol is prepared by carbon monoxide (CO) and hydrogen (H2) followed by hydrogenation of the intermediate aldehyde. Oxo alcohol is a clear liquid with mild odour and typically lies in the C3-C15 range. Oxo alcohol is used in paints, coatings, adhesives, chemical manufacturing, textile and leather, and lubricant additives. During 2014-2018, the global oxo-alcohol market grew at a CAGR of around 2.4%. The consumption of oxo-alcohol is primarily driven by major end-use markets which include construction/remodeling, automotive production and original equipment manufacturer (OEM). This report by Expert Market Research entitled “Oxo-Alcohol Market Report and Forecast 2019-2024” provides a comprehensive analysis for anyone who plans to foray into the oxo alcohol market.
Historical market trends for the oxo-alcohol industry have been provided from 2014-2018 and forecasts have been presented till 2024. On a regional level, the report has segmented the global oxo-alcohol market into Asia, North America, Western Europe and Others. Region-wise, Asia currently represents the largest market. On the basis of end-use, the market for various oxo-alcohols has been segmented.
The value chain analysis of oxo-alcohol has also been covered in this report encompassing all the activities in the value chain such as procurement, manufacturing, sales and distribution. Furthermore, the study assesses the market based on Porter’s five forces model, which evaluates the level of competition in the market by analysing factors such as bargaining power of buyers and suppliers, threat from substitutes and new entrants. A thorough evaluation of the competitive landscape of the oxo alcohol industry has also been provided. The report also covers the global import and export trends of popular oxo-alcohols (2-Ethylhexanol and n-Butanol) with the China being the largest importer of both alcohols while Germany and the United States being the largest exporter of 2-Ethylhexanol and n-Butanol respectively.
This report provides an exhaustive insight into the manufacturing of oxo-alcohol. Factors such as reactions involved, process flow, raw material requirements, mass balance and various manufacturing steps have been thoroughly discussed in the report. The report also provides a comprehensive market evaluation of the major feedstocks required for manufacturing oxo-alcohol viz. propylene and natural gas. For each feedstock, the report provides market trends, price trends, market by application, market by region and its key manufacturers.
The following are the key questions answered by this report:
- What are the market trends for the global oxo-alcohols market?
- Which are the biggest markets (regions) for oxo-alcohols?
- What are the key application areas for oxo-alcohols?
- Who are the key manufacturers in the oxo-alcohols market?
- What are the price trends of oxo-alcohols?
- What are the raw material requirements for the manufacturing of oxo-alcohols?
- What are the chemical reactions involved during the manufacturing of oxo-alcohols?
- Who are the major importers and exporters of oxo-alcohols?
- What is the value chain analysis of the oxo-alcohols industry?
- What are the market trends of major feedstocks?
- What are the price trends of major feedstocks?
- Which are the biggest markets (regions) for major feedstocks?
- What are the key application areas for various feedstocks?
- Who are the key players for various feedstocks?
In order to prepare this research report, Expert Market Research conducted face to face and telephone interviews with numerous industry participants in the oxo-alcohols industry. They included manufacturers, distributors, end users, consultants, marketing professionals, researchers, etc. Primary research accounted for the bulk of the research efforts, complimented by an extensive secondary research. Secondary sources included annual reports, press releases, books, journals, white papers, newspapers, magazines, government sources and various proprietary databases.
Expert Market Research uses its comprehensive database of macroeconomic and industry specific data to produce its market forecasts. The initial baseline forecast is produced with the most recent market data. After an initial baseline forecast, all future macroeconomic and sector specific events and assumptions are taken into account to generate the final forecast.