Oxo Alcohols Market Analysis

  • Report ID: 3986
  • Published Date: Oct 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 2037 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
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Author Credits:  Rajrani Baghel


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

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of oxo alcohols is assessed at USD 16.32 billion.

Oxo Alcohols Market size was over USD 15.68 billion in 2024 and is anticipated to reach USD 29.94 billion by the end of 2037, growing at around 5.1% CAGR during the forecast period i.e., between 2025-2037. The growing chemical industry across the globe and the growing popularity of bio-based oxo alcohols will drive the market growth.

Asia Pacific industry is set to account for largest revenue share of 49% by 2037, impelled by growing agriculture industry in the region.

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.
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