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Global Oxo-Octyl Acetate Market Share, Trends, Analysis: By Application: Pharmaceuticals, Cosmetics and Personal Care, Paint and Coating, Pesticides, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
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 440.45 billion in 2023. The cosmetics industry is expected to grow at a CAGR of about 6% in the forecast period of 2024-2032, 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 2018-2023, 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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| 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 Opportunities and Challenges in the Market
8 Global Oxo-octyl Acetate Market Analysis
8.1 Key Industry Highlights
8.2 Global Oxo-octyl Acetate Historical Market (2018-2023)
8.3 Global Oxo-octyl Acetate Market Forecast (2024-2032)
8.4 Global Oxo-octyl Acetate Market by Application
8.4.1 Pharmaceuticals
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Cosmetics and Personal Care
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Paint and Coating
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Pesticides
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Others
8.5 Global Oxo-octyl Acetate Market by Region
8.5.1 North America
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Europe
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Asia Pacific
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Latin America
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Middle East and Africa
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
9 North America Oxo-Octyl Acetate Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Oxo-Octyl Acetate Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Oxo-Octyl Acetate Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.2 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Oxo-Octyl Acetate Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Oxo-Octyl Acetate Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Company Overview
16.2.2 Product Portfolio
16.2.3 Demographic Reach and Achievements
16.2.4 Certifications
17 Key Trends and Developments in the Market
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 2032
2. Global Oxo-octyl Acetate Historical Market: Breakup by Application (USD Million), 2018-2023
3. Global Oxo-octyl Acetate Market Forecast: Breakup by Application (USD Million), 2024-2032
4. Global Oxo-octyl Acetate Historical Market: Breakup by Region (USD Million), 2018-2023
5. Global Oxo-octyl Acetate Market Forecast: Breakup by Region (USD Million), 2024-2032
6. North America Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2023
7. North America Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Europe Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2023
9. Europe Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2024-2032
10. Asia Pacific Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2023
11. Asia Pacific Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2024-2032
12. Latin America Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2023
13. Latin America Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2024-2032
14. Middle East and Africa Oxo-octyl Acetate Historical Market: Breakup by Country (USD Million), 2018-2023
15. Middle East and Africa Oxo-octyl Acetate Market Forecast: Breakup by Country (USD Million), 2024-2032
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 440.45 billion in 2023.
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 2024 and 2032.
The major drivers of the market include surging disposable incomes, rising population levels, and the growing demand for oxo-octyl acetate in the cosmetics sector.
The key trends guiding the market include rapid industrialisation and urbanisation, the rising manufacturing of cosmetics, and the growing use of oxo-octyl acetate to preserve vaccines and pharmaceutical products.
The major regions in the oxo-octyl acetate market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different applications of the product are 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 440.45 billion in 2023. Aided by rising incomes, the cosmetics industry is expected to witness a further growth in the forecast period of 2024-2032, 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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