Reports and Data estimates the global OXO-ALCOHOLS competitive landscape is highly fragmented with numerous players operating on a global and regional scale. The key companies in the market are engaged in mergers and acquisitions, joint ventures, collaborations, and product launches to gain a robust revenue growth over the forecast period. The report considers 2020-2021 as historic years, 2020 as the base year, and 2019-2027 as the forecast period. The report offers CAGR and market size for the global OXO-ALCOHOLS during the forecast period.
The report also offers key insights about the top companies operating in the market and their market share and global position along with product portfolio and advancements. The top companies in the market include Dow Chemical Company, Arkema, Eastman Chemical Company, Qatar Petroleum, BASF, ExxonMobil Chemical Company, LG Chem, Mitsubishi Chemical Corporation, and PETRONAS, among others., among others are leading players involved on the global OXO-ALCOHOLS market.
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OXO-ALCOHOLS Overview :-
The Global OXO-ALCOHOLS Market is projected to grow at a CAGR of 5.2% from USD 14.50 billion in 2019 to USD 21.91 billion in 2027. The growing use of glycol ethers is estimated to boost market demand. It is commonly used in inks and dyes, paints, enamels, and as cleaning agents in the glass-cleaning and dry-cleaning industries. Moreover, the semiconductor industry extensively uses these organic compounds as solvents and cleaning agents. Ethylene glycol ethers find widespread usage as solvents for resins, paints, lacquers, varnishes, inks, and dyes, along with components of cleaning compounds, painting pastes, cosmetics, liquid soaps, and hydraulic fluids.
Phthalates, 2-butanol, 1-butanol, tert-butanol, acrylonitrile, butyl acetate, isobutyl acetate, are some of the chemicals that have a huge amount of use cases in this market. Surging demand for plasticizers is one of the significant factors driving the growth of the market. Plasticizers are water reducers that helps in reducing the over-all water-to-cement ratio in construction projects, imparting a more fluid consistency to cement without requiring the need to add water to dilution. The addition of these additives during the process of mortar mixing enables concrete to stay malleable till application without any loss in its consistency. Plasticizers are deployed mainly to enhance the workability of concrete while reducing water to cement ratio, therefore improving the strength of the concrete.
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For the purpose of this report Reports and Data has segmented global OXO-ALCOHOLS market on the basis of type, application, and region:
Product Type Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- n-Butanol
- iso-Butanol
- 2-Ethylhexanol
- Others
Applications Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Plasticizer
- Acetate
- Acrylates
- Solvents
- Glycol Ethers
- Others
Distribution Channel Outlook (Revenue: USD Billion; Volume: Kilo Tons; 2017-2027)
- Online
- Offline
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
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Key Questions answered by the Report:
- What is the expected year-on-year growth of the OXO-ALCOHOLS during the forecast period?
- What key trends are expected influence revenue growth of the market going ahead?
- Which region is expected to account for largest revenue share over the forecast period?
- Which key companies are profiled in the report?
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