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Global Oxo-Alcohol Market: By Type: 2-Ethylhexanol, n-Butanol, iso-Butanol, Others; By Form: Plasticizer, Ethylhexyl Acrylate, Others; By Feedstock: Propylene, Natural Gas; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Oxo-Alcohol Market Outlook
The global oxo-alcohol market reached a volume of about 8.2 million tons in 2020 and is further expected to grow at a CAGR of 2.5% in the forecast period of 2022-2027 to reach a volume of approximately 9.28 million tons by 2026.
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The industry is primarily driven by the consumption of the product in major end-use sectors including construction/remodelling, automotive production and original equipment manufacturer (OEM). This report by EMR entitled “Global Oxo-Alcohol Market Report and Forecast 2022-2027” provides a comprehensive analysis for anyone who plans to foray into the oxo alcohol market. Region-wise, the Asia Pacific currently represents the largest market.
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Oxo-Alcohol: Industry Definition and Segmentation
Oxo-alcohol is prepared by carbon monoxide (CO) and hydrogen (H2) followed by hydrogenation of the intermediate aldehyde. It is a clear liquid with mild odour and typically lies in the C3-C15 range.
On the basis of type, the market can be segmented into:
- 2-Ethylhexanol
- n-Butanol
- iso-Butanol
- Others
Based on the form, the industry is being segmented into:
- Plasticizer
- Ethylhexyl Acrylate
- Others
Based on feedstock, the market is divided into:
- Propylene
- Natural Gas
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Market Analysis
Oxo-alcohol is used in paints, coatings, adhesives, chemical manufacturing, textile and leather, and lubricant additives. With rising demand from solvents industry, the market is witnessing a significant growth.
The value chain analysis of the product 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 industry 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. The report also covers the global import and export trends of popular product types (2-Ethylhexanol and n-Butanol) with China being the largest importer of both alcohol types while Germany and the United States being the largest exporter of 2-Ethylhexanol and n-Butanol respectively.
This report also provides an exhaustive insight into the manufacturing of the product. Factors such as reactions involved, process flow, raw material requirements, mass balance and various manufacturing steps have been thoroughly discussed in the report.
Key Industry Players in the Global Oxo-Alcohol Market
The report gives a detailed analysis of the following key players in the global oxo-alcohol market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- BASF SE
- LG Chem Ltd.
- Exxon Mobil Corporation
- Eastman Chemical Company
- Ineos Oxide Ltd.
- Grupa Azoty ZAK S.A.
- The Andhra Petrochemicals Ltd
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Form, Feedstock, Region |
| Breakup by Type | 2-Ethylhexanol, n-Butanol, iso-Butanol, Others |
| Breakup by Form | Plasticizer, Ethylhexyl Acrylate, Others |
| Breakup by Feedstock | Propylene, Natural Gas |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | BASF SE, LG Chem Ltd., Exxon Mobil Corporation, Eastman Chemical Company, Ineos Oxide Ltd., Grupa Azoty ZAK S.A., The Andhra Petrochemicals Ltd, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Oxo-Alcohol Market Analysis
8.1 Key Industry Highlights
8.2 Global Oxo-Alcohol Historical Market (2017-2021)
8.3 Global Oxo-Alcohol Market Forecast (2022-2027)
8.4 Global Oxo-Alcohol Market by Type
8.4.1 2-Ethylhexanol
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 n-Butanol
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 iso-Butanol
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.4.4 Others
8.5 Global Oxo-Alcohol Market by Form
8.5.1 Plasticiser
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Ethylhexyl Acrylate
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Others
8.6 Global Oxo-Alcohol Market by Feedstock
8.6.1 Propylene
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Natural Gas
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.7 Global Oxo-Alcohol Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 BASF SE
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Exxon Mobil Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Eastman Chemical Company
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 INEOS Group
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Grupa Azoty ZAK S.A.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Project Requirement and Cost Analysis
2.1 Land, Location and Site Development
2.2 Construction
2.3 Plant Machinery
2.4 Cost of Raw Material
2.5 Packaging
2.6 Transportation
2.7 Utilities
2.8 Manpower
2.9 Other Capital Investment
List of Figures and Tables
1. Global Oxo-Alcohol Market: Key Industry Highlights, 2017 and 2027
2. Global Oxo-Alcohol Historical Market: Breakup by Type (Million Tons), 2017-2021
3. Global Oxo-Alcohol Market Forecast: Breakup by Type (Million Tons), 2022-2027
4. Global Oxo-Alcohol Historical Market: Breakup by Form (Million Tons), 2017-2021
5. Global Oxo-Alcohol Market Forecast: Breakup by Form (Million Tons), 2022-2027
6. Global Oxo-Alcohol Historical Market: Breakup by Feedstock (Million Tons), 2017-2021
7. Global Oxo-Alcohol Market Forecast: Breakup by Feedstock (Million Tons), 2022-2027
8. Global Oxo-Alcohol Historical Market: Breakup by Region (Million Tons), 2017-2021
9. Global Oxo-Alcohol Market Forecast: Breakup by Region (Million Tons), 2022-2027
10. North America Oxo-Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
11. North America Oxo-Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
12. Europe Oxo-Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
13. Europe Oxo-Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
14. Asia Pacific Oxo-Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
15. Asia Pacific Oxo-Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
16. Latin America Oxo-Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
17. Latin America Oxo-Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
18. Middle East and Africa Oxo-Alcohol Historical Market: Breakup by Country (Million Tons), 2017-2021
19. Middle East and Africa Oxo-Alcohol Market Forecast: Breakup by Country (Million Tons), 2022-2027
20. Global Oxo-Alcohol Market Structure
Key Questions Answered in the Report
In 2020, the global oxo-alcohol market attained a volume of nearly 8.2 million tons.
The industry is projected to grow at a CAGR of 2.5% between 2021 and 2026.
The industry is estimated to grow in the forecast period of 2022-2027 to reach about 9.28 million tons by 2026.
The major drivers of the industry, such as the growing demand in paint and coating industry, increasing utilisation as a feedstock for plasticizers, amino resin, and printing inks, rising demand from the developing regions, and growing construction industry, are expected to aid the industry growth.
The growing technological advancements and increasing mergers and acquisitions by the key players are the key industry trends guiding the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the Asia Pacific accounting for the largest share in the market.
2-ethylhexanol, n-butanol, and iso-butanol are the major product types in the industry.
The major forms of the product include plasticizer and ethylhexyl acrylate.
The significant feedstock of the product are propylene and natural gas.
The major players in the industry are BASF SE, LG Chem Ltd., Exxon Mobil Corporation, Eastman Chemical Company, Ineos Oxide Ltd., Grupa Azoty ZAK S.A., The Andhra Petrochemicals Ltd., and others.
Analyst Review
The global oxo-alcohol market attained a volume of 8.2 million tons in 2020, driven by the rising demand for paints and lubricants and increased construction activities. Aided by the new technological innovations, the industry is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 2.5%. The market is projected to reach 9.28 million tons by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the market can be segmented into 2-ethylhexanol, n-butanol, and iso-butanol. On the basis of form, the industry can be divided into plasticizer and ethylhexyl acrylate. On the basis of feedstock, the industry can be segmented into propylene and natural gas. The major regional markets are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the industry. The key players in the above market include BASF SE, LG Chem Ltd., Exxon Mobil Corporation, Eastman Chemical Company, Ineos Oxide Ltd., Grupa Azoty ZAK S.A., and The Andhra Petrochemicals Ltd., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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