Oxo Alcohols Market Analysis

  • Report ID: 3986
  • Published Date: Mar 22, 2024
  • Report Format: PDF, PPT

Oxo Alcohols Market Analysis

Type (2-Ethylhexanol, n-Butanol, iso-Butanol)

The n-Butanol segment is predicted to account for 40% share of the global oxo alcohols market by 2036 owing to the growing need for solvents. Numerous solvent types, including hydrocarbon solvents, ketones, esters, alcohols, and glycol, are employed in paints and coatings, which serve to maximize the system's overall performance, and are put into paint mixtures to dissolve various ingredients, including binders, additives, and pigments.

 Four carbons straight chain oxo alcohol n-Butanol, also known as n-Butyl alcohol, is a medium-boiling liquid that is clear, mobile, neutral, and odorous, which is known to be miscible with all common solvents and is mainly used to make industrial solvents, phenolic resins, and lacquers that cure on acid. It serves as both a feedstock and a solvent in syntheses in the coatings industry as it has the benefit of not blushing when drying in humid environments.

In addition, the vinyl chloride plasticizer bis (2-ethyl hexyl) phthalate is made from 2-ethylhexanol, an organic chemical with the formula C8H18O, that appears as a dark brown liquid with an aromatic odor. 2-Ethyl Hexanol (2-EH) is a transparent solvent with a high boiling point and moderate volatility that is a member of the organic compound class known as fatty alcohols that is less soluble in water than most organic solvents. It is created in the Oxochimie plant in Lavera, which also produces adhesives, coatings, and other specialized chemicals, and is also used as a precursor to produce other chemicals such as emollients, and for usage in a variety of applications such as solvents, flavors, and scents. Besides this, the 4-carbon branched-chain alcohol isobutanol has a clear, colorless liquid appearance and a pleasant smell which is utilized as a raw material for paint thinners, coating resins, isobutyl acrylate, isobutyl acetate, and isobutyl methacrylate.

Application (Acrylates, Glycol Ethers, Acetates, Lube Oil Additives, Resins, Solvents, Plasticizers)

The plasticizers segment in oxo alcohols market is set to garner a notable share shortly. Plasticizers made of phthalates are created by reacting phthalic anhydride with oxy-alcohol, which is utilized as a solvent. For instance, more than 45% of 2-EH consumption in the US, more than 20% in Western Europe, and around 87% of 2-EH consumption in mainland China are all attributed to plasticizers. Moreover, Isononanol, or isononyl alcohol, or INA for short, is a crucial ingredient in the manufacture of plastic additives and is anticipated to encourage the use of oxo alcohol, spurring the expansion of the sector. In addition, olefins and syngas react to produce oxo alcohols, which are mostly utilized as superior intermediates in the manufacturing of specialized esters, lubricants, and resins. Besides this, oxo alcohols, such as n-butanol, are utilized to manufacture acrylate, acetate, and glycol ethers, which can be used to make sealants, adhesives, and coatings, among other things.

Our in-depth analysis of the global market includes the following segments:

     Type

  • 2-Ethylhexanol
  •  n-Butanol
  • iso-Butanol

     Application

  • Acrylates
  •  Glycol Ethers
  •  Acetates
  •  Lube Oil Additives
  •  Resins
  •  Solvents
  •  Plasticizers
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Rajrani Baghel


  • Report ID: 3986
  • Published Date: Mar 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing chemical industry across the globe and the growing popularity of bio-based oxo alcohols are the major factors driving the growth of the market.

The market size of Oxo Alcohols is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2024-2036.

The major players in the market are OQ Chemicals GmbH (OQ SAOC), LG Chem, Ltd., BASF SE, Formosa Plastics Corporation, Eastman Chemical Company, China Petrochemical Corporation, ExxonMobil Corporation, DowDuPont, and others.

The n-Butanol segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample