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Global Oxo-Octyl Acetate Market: By Application: Pharmaceuticals, Cosmetics and Personal Care, Paint and Coating, Pesticides, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments
Global Oxo-Octyl Acetate Market Outlook
The global oxo-octyl acetate market is being driven by the cosmetics industry, which reached a value of USD 392 billion in 2020. The cosmetics industry is expected to grow at a CAGR of about 6% in the forecast period of 2023-2028, likely to boost the oxo-octyl acetate market in future.
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North America to Significantly Contribute to the Global Industry
The market for oxo-octyl acetate has seen considerable growth in the historical period 2018-2022, especially since oxo-octyl acetate is used in the manufacture of cosmetics and pharmaceuticals, which have a worldwide demand. The market is mainly dominated by North America where there is a high demand for these consumer-end products. The growth rate in the forecast period is expected to be dominated by the Asia Pacific region, where emerging economies with high populations like India and China are expected to fuel demand, along with countries like Republic of Korea, Taiwan, Malaysia, and Indonesia. There is a high potential for growth in Latin America and the Middle East and Africa, while the markets in North America and Europe are expected to remain saturated.
Oxo-Octyl Acetate: Market Segmentation
Oxo-octyl acetate is a chemical synthesised using phenol and ethylene oxide at high temperature and pressure. At room temperature and pressure, it is present in the liquid state and is clear, oily and colourless. The chemical is not very soluble in water and it is moderately prone to evaporation. It is used in the manufacturing of cosmetic products like skin creams and sunscreen lotions.
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The oxo-octyl acetate market can be segmented by application into:
- Pharmaceuticals
- Cosmetics and Personal Care
- Paint and Coating
- Pesticides
- Others
The regional markets for oxo-octyl acetate can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Demand for Cosmetics Bolstering the Market Growth
Oxo-octyl acetate is majorly used in the manufacture of cosmetics, due to its physical properties like volatility, moderate solubility and colourless appearance, and chemical properties like less toxicity and acting as preservatives for vaccines, pharmaceuticals, and cosmetics. The rise of the cosmetics industry is expected to bolster the demand for oxy-octyl acetate. Due to the rise in incomes, improving industrialisation and increasing urbanisation, there has been a general rise in the demand for cosmetics. Moreover, the demand for this chemical has increased in the aftermath of the COVID-19 pandemic as there is expected to be a widespread demand for vaccines, for which oxy-octyl acetate is a viable preservative.
Key Industry Players in the Global Oxo-Octyl Acetate Market
The report gives a detailed analysis of the key players in the global oxo-octyl acetate market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, Region |
| Breakup by Application | Pharmaceuticals, Cosmetics and Personal Care, Paint and Coating, Pesticides, Others |
| Breakup by Region | North America, Latin America, Europe, Middle East and Africa, Asia Pacific |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| 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. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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-octyl Acetate Market Analysis
8.1 Key Industry Highlights
8.2 Global Oxo-octyl Acetate Historical Market (2018-2022)
8.3 Global Oxo-octyl Acetate Market Forecast (2023-2028)
8.4 Global Oxo-octyl Acetate Market by Application
8.4.1 Pharmaceuticals
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Cosmetics and Personal Care
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Paint and Coating
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Pesticides
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Oxo-octyl Acetate Market by Region
8.5.1 Market Share
8.5.1.1 North America
8.5.1.2 Europe
8.5.1.3 Asia Pacific
8.5.1.4 Latin America
8.5.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.2.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.3.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.4.2 Forecast Trend (2023-2028)
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 (2018-2022)
9.5.2 Forecast Trend (2023-2028)
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 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Company Overview
12.2.2 Product Portfolio
12.2.3 Demographic Reach and Achievements
12.2.4 Certifications
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 Key Figures and Tables
1. Global Oxo-octyl Acetate Market: Key Industry Highlights, 2018 and 2028
2. Global Oxo-octyl Acetate Historical Market: Breakup by Application (USD Million), 2018-2022
3. Global Oxo-octyl Acetate Market Forecast: Breakup by Application (USD Million), 2023-2028
4. Global Oxo-octyl Acetate Historical Market: Breakup by Region (USD Million), 2018-2022
5. Global Oxo-octyl Acetate Market Forecast: Breakup by Region (USD Million), 2023-2028
6. North America Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
7. North America Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
8. Europe Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
9. Europe Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Asia Pacific Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
11. Asia Pacific Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Latin America Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
13. Latin America Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Middle East and Africa Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2022
15. Middle East and Africa Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Global Oxo-octyl Acetate Market Structure
Key Questions Answered in the Report
The global oxo-octyl acetate market was driven by the cosmetics industry, which reached USD 392 billion in 2020.
The oxo-octyl acetate market is projected to be driven by the cosmetics industry, which is expected to grow at a CAGR of 6% between 2021 and 2026.
The major drivers of the industry include rising disposable incomes, increasing population, and growing demand from the cosmetics industry along with other application sectors.
The growth and innovations in the cosmetics industry are expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America and Asia Pacific accounting for a significant share in the market.
Oxo-octyl acetate finds applications in pharmaceuticals, cosmetics and personal care, paint and coating, and pesticides, among others.
Analyst Review
The oxo-octyl acetate market is primarily driven by the cosmetics industry, which reached a value of USD 392 billion in 2020. Aided by rising incomes, the cosmetics industry is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6%, further expected to support the oxo-octyl acetate market.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. By application, the industry can be divided into pharmaceuticals, cosmetics and personal care, paint and coating, and pesticides, among others. The major regional markets are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with North America and Asia Pacific accounting for a significant share in the market.
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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