[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Oxo Alcohol Market by Type (N-butanol, 2-ethylhexanol, Isononyl alcohol, Isobutanol, 2-propylheptanol), by Application (Plasticizers, Coatings & adhesives, Lubricant adhesives, Chemical intermediates), by End User - Global Trends & Forecasts to 2020

May 2015 | 135 pages | ID: OE349AD23CCEN
MarketsandMarkets

US$ 5,650.00

E-mail Delivery (PDF)

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Oxo alcohols are prepared from a two-step process. First step is to convert olefins to alcohols by reaction with syn gas (carbon monoxide & hydrogen) followed by hydrogenation of the resultant aldehyde. In the first step, hydroformylation reaction is carried out under low pressure in the presence of rhodium catalyst (LP Oxo process). For example, ethylene may be hydro formulated to produce normal-butyraldehyde and iso-butyraldehyde which are hydrogenated to produce n-butanol and isobutanol. The major applications of Oxo alcohols are plasticizers, paints, coatings & adhesives, lubricant additives, and chemical intermediates.

Asia-Pacific is the global leader in the consumption of Oxo alcohols and this dominance is expected to continue till 2020. China is the key market in the region, consuming more than half of the demand for Oxo alcohols, followed by Japan, South Korea, and India, where consumption is growing steadily. Increase in the consumption of Oxo alcohol for air conditioning & refrigeration, chemical processing, transportation, and consumer goods industry has been observed in Asia-Pacific due to continued industrialization and rise in the manufacturing sector of the region. Growing innovation and developments in the Oxo alcohol consumer industries are directly affecting the rise in the use of Oxo alcohols.

The Oxo alcohols market is very competitive due to the presence of big players in the business, which inhibits the new entrants and local manufacturers to capture a good share at global level. Various market players have started focusing on innovations and product developments to meet the environmental constraints and to lower the production cost of Oxo alcohols in order to have an edge in the market.

This study on Oxo alcohols market estimates the market value for Oxo alcohols and projects the same till 2020. As a part of quantitative analysis, the study segments the market by application at country level with the current market estimation and forecast till 2020. The countries covered in the report are China, Japan, South Korea, India, The U.S., Canada, Mexico, Germany, Netherlands, U.K., France, and Brazil. The segmentation by type includes- butanol, 2-ethylhexanol, Isononyl alcohol, Isobutanol, and 2-propylheptanol. The segmentation by end-user industries includes air conditioning & refrigeration, chemical processing, transportation, consumer goods, and others. Further as a part of qualitative analysis, the study provides a comprehensive review of major market drivers, restraints, opportunities, winning imperatives, challenges, and key issues in the market. It also includes the company profiling and competitive strategies adopted by different market players, including BASF Petronas (Malaysia), Dow Chemical Company (U.S.), Eastman Chemical Company (U.S.), ExxonMobil Chemical Company (U.S.), Arkema (France), Evonik Industries (Germany), Andhra Petrochemicals (India), Oxea (U.S.), ZAK S.A. (Poland), Ineos (Switzerland), BAX Chemicals (The Netherlands), Qatar Petroleum (Qatear), and LG Chem (South Korea).
1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 MARKET SCOPE
  1.3.1 MARKETS COVERED
    1.3.1.1 BY TYPE
    1.3.1.2 BY APPLICATION
    1.3.1.3 BY REGION
  1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 PACKAGE SIZE
1.6 LIMITATIONS
1.7 STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
  2.1.2 DATA FROM SECONDARY SOURCES
  2.1.3 PRIMARY DATA
    2.1.3.1 DATA FROM PRIMARY SOURCES
    2.1.3.2 KEY INDUSTRY INSIGHTS
    2.1.3.3 BREAKDOWN OF PRIMARIES
2.2 MARKET SIZE ESTIMATION
  2.2.1 BOTTOM-UP APPROACH
  2.2.2 TOP-DOWN APPROACH
2.3 MARKET BREAKDOWN & DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
  2.4.1 ASSUMPTIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE MARKET OPPORTUNITY FOR OXO ALCOHOLS

5 MARKET OVERVIEW

5.1 INTRODUCTION
5.2 MARKET SEGMENTATION
  5.2.1 BY TYPE
  5.2.2 BY APPLICATION
  5.2.3 BY REGION
5.3 MARKET DYNAMICS
  5.3.1 DRIVERS
    5.3.1.1 Growth in butyl acrylates, 2-eh acrylates
    5.3.1.2 Strong demand for OXO alcohols in Asia-Pacific
  5.3.2 RESTRAINTS
    5.3.2.1 Maturity of the product
    5.3.2.2 Negative Trends of Dioctyl Phthalate (DOP) in Europe and North America
  5.3.3 OPPORTUNITIES
    5.3.3.1 Demand-production gap in China
    5.3.3.2 Rising investment in Saudi Arabia’s downstream sector
    5.3.3.3 Strict norms driving the demand for high performance fuels
    5.3.3.4 Dioctyl teriphthalate (DOTP) market development
  5.3.4 CHALLENGES
    5.3.4.1 Shrinking grounds for small capacity plants
5.4 WINNING IMPERATIVES
  5.4.1 ESTABLISHMENT OF LARGE CAPACITY PLANTS & CAPACITY EXPANSIONS
  5.4.2 FORWARD INTEGRATION

6 INDUSTRY TRENDS

6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
  6.2.1 RAW MATERIAL SUPPLIERS
  6.2.2 MANUFACTURERS/DISTRIBUTORS
6.3 PORTER’S FIVE FORCES ANALYSIS
  6.3.1 BARGAINING POWER OF BUYERS
  6.3.2 BARGAINING POWER OF SUPPLIERS
  6.3.3 THREAT OF NEW ENTRANTS
  6.3.4 THREAT OF SUBSTITUTES
  6.3.5 INTENSITY OF RIVALRY

7 OXO ALCOHOLS MARKET, BY TYPE

7.1 INTRODUCTION
7.2 N-BUTANOL
7.3 2- ETHYLHEXANOL
7.4 ISO BUTANOL
7.5 OTHER OXO ALCOHOLS

8 OXO ALCOHOLS, BY APPLICATION

8.1 INTRODUCTION
8.2 ACRYLATES
8.3 GLYCOL ETHERS
8.4 ACETATES
8.5 LUBES
8.6 RESINS
8.7 SOLVENTS
8.8 PLASTICIZERS
8.9 OTHERS

9 OXO ALCOHOLS MARKET SIZE, BY REGION

9.1 INTRODUCTION
9.2 NORTH AMERICA
  9.2.1 U.S.
  9.2.2 REST OF NORTH AMERICA
9.3 EUROPE
  9.3.1 GERMANY
  9.3.2 FRANCE
  9.3.3 U.K.
  9.3.4 REST OF EUROPE
9.4 ASIA-PACIFIC
  9.4.1 CHINA
  9.4.2 JAPAN
  9.4.3 INDIA
  9.4.4 SOUTH KOREA
  9.4.5 REST OF ASIA-PACIFIC
9.5 ROW
  9.5.1 MIDDLE EAST & AFRICA
  9.5.2 SOUTH AMERICA

10 COMPETITIVE LANDSCAPE

10.1 OVERVIEW
10.2 EXPANSION: THE MOST POPULAR GROWTH STRATEGY
10.3 MAXIMUM DEVELOPMENTS IN 2012
10.4 COMPETITIVE SITUATION & TRENDS
  10.4.1 EXPANSIONS
  10.4.2 NEW PRODUCT DEVELOPMENT/LAUNCHES
  10.4.3 AGREEMENT
  10.4.4 MERGERS & ACQUISITIONS
  10.4.5 JOINT VENTURES

11 COMPANY PROFILES

(Overview, Financial*, Products & Services, Strategy, and Developments)

11.1 INTRODUCTION
11.2 THE DOW CHEMICAL COMPANY
  11.2.1 BUSINESS OVERVIEW
  11.2.2 PRODUCTS OFFERED
  11.2.3 KEY STRATEGY
  11.2.4 RECENT DEVELOPMENTS
  11.2.5 SWOT ANALYSIS
11.3 BASF SE
  11.3.1 BUSINESS OVERVIEW
  11.3.2 PRODUCTS OFFERED
  11.3.3 KEY STRATEGY
  11.3.4 RECENT DEVELOPMENTS
  11.3.5 SWOT ANALYSIS
11.4 EXXONMOBIL CHEMICAL COMPANY
  11.4.1 BUSINESS OVERVIEW
  11.4.2 PRODUCTS OFFERED
  11.4.3 KEY STRATEGY
  11.4.4 RECENT DEVELOPMENTS
11.5 EASTMAN CHEMICAL COMPANY
  11.5.1 BUSINESS OVERVIEW
  11.5.2 PRODUCTS OFFERED
  11.5.3 KEY STRATEGY
  11.5.4 RECENT DEVELOPMENTS
  11.5.5 SWOT ANALYSIS
11.6 EVONIK INDUSTRIES
  11.6.1 BUSINESS OVERVIEW
  11.6.2 PRODUCTS OFFERED
  11.6.3 KEY STRATEGY
  11.6.4 RECENT DEVELOPMENTS
  11.6.5 SWOT ANALYSIS
11.7 THE ANDHRA PETROCHEMICALS LIMITED
  11.7.1 BUSINESS OVERVIEW
  11.7.2 PRODUCTS OFFERED
  11.7.3 KEY STRATEGY
  11.7.4 RECENT DEVELOPMENTS
11.8 OXEA GMBH
  11.8.1 BUSINESS OVERVIEW
  11.8.2 PRODUCTS OFFERED
  11.8.3 KEY STRATEGY
  11.8.4 RECENT DEVELOPMENTS
11.9 INEOS OXIDE
  11.9.1 BUSINESS OVERVIEW
  11.9.2 PRODUCTS OFFERED
  11.9.3 KEY STRATEGY
  11.9.4 RECENT DEVELOPMENTS
11.10 LG CHEM
  11.10.1 BUSINESS OVERVIEW
  11.10.2 PRODUCTS OFFERED
  11.10.3 KEY STRATEGY
  11.10.4 RECENT DEVELOPMENTS
  11.10.5 SWOT ANALYSIS
11.11 BAX CHEMICALS BV

*Details might not be captured in case of unlisted companies

  11.11.1 BUSINESS OVERVIEW
  11.11.2 PRODUCTS OFFERED
  11.11.3 KEY STRATEGY

12 APPENDIX

12.1 INSIGHTS FROM INDUSTRY EXPERTS
12.2 DISCUSSION GUIDE
12.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
12.4 AVAILABLE CUSTOMIZATIONS
12.5 RELATED REPORTS

LIST OF TABLES

Table 1 IMPACT OF DRIVERS ON THE GLOBAL OXO ALCOHOLS MARKET (2015–2020)
Table 2 IMPACT OF RESTRAINTS ON THE GLOBAL OXO ALCOHOLS MARKET (2015–2020)
Table 3 IMPACT OF CHALLENGES ON THE GLOBAL OXO ALCOHOLS MARKET (2015–2020)
Table 4 IMPACT OF WINNING IMPERATIVES ON THE GLOBAL OXO ALCOHOLS MARKET (2015–2020)
Table 5 N-BUTANOL MARKET SIZE, 2013-2020 (KILOTONS & $MILLION)
Table 6 2-EH MARKET SIZE, 2013-2020 (KILOTONS & $MILLION)
Table 7 ISO BUTANOL MARKET SIZE, 2013-2020 (KILOTONS & $MILLION)
Table 8 OTHER OXO ALCOHOL MARKET SIZE, 2013-2020 (KILOTONS & $MILLION)
Table 9 OXO ALCOHOLS MARKET SIZE IN ACRYLATES, 2013-2020 (KILOTONS & $MILLION)
Table 10 OXO ALCOHOLS MARKET SIZE IN GLYCOL ETHERS, 2013-2020 (KILOTONS & $MILLION)
Table 11 OXO ALCOHOLS MARKET SIZE IN ACETATES, 2013-2020 (KILOTONS & $MILLION)
Table 12 OXO ALCOHOLS MARKET SIZE IN LUBES, 2013-2020 (KILOTONS & $MILLION)
Table 13 OXO ALCOHOLS MARKET SIZE IN RESINS, 2013-2020 (KILOTONS & $MILLION)
Table 14 OXO ALCOHOLS MARKET SIZE IN SOLVENTS, 2013-2020 (KILOTONS & $MILLION)
Table 15 OXO ALCOHOLS MARKET SIZE IN PLASTICIZERS, 2012-2019 (KILOTONS & $MILLION)
Table 16 OXO ALCOHOLS MARKET SIZE IN OTHER APPLICATIONS, 2013-2020 (KILOTONS & $MILLION)
Table 17 OXO ALCOHOLS MARKET SIZE, BY REGION, 2013-2020 (KILOTONS)
Table 18 OXO ALCOHOLS MARKET SIZE, BY REGION, 2013-2020 ($MILLION)
Table 19 NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY COUNTRY, 2013-2020 (KILOTONS)
Table 20 NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 21 NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 22 NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 23 NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 24 NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 25 U.S.: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 26 U.S.: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 27 U.S.: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 28 U.S.: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 29 REST OF NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 30 REST OF NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 31 REST OF NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 32 REST OF NORTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 33 EUROPE: OXO ALCOHOLS MARKET SIZE, BY COUNTRY, 2013-2020 (KILOTONS)
Table 34 EUROPE: OXO ALCOHOLS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 35 EUROPE: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 36 EUROPE: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 37 EUROPE: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 38 EUROPE: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 39 GERMANY: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 40 GERMANY: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 41 GERMANY: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 42 GERMANY: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 43 FRANCE: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 44 FRANCE: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 45 FRANCE: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 46 FRANCE: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 47 U.K.: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 48 U.K.: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 49 U.K.: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 50 U.K.: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 51 OTHER EUROPE: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 52 OTHER EUROPE: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 53 OTHER EUROPE: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 54 OTHER EUROPE: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 55 ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY COUNTRY, 2013-2020 (KILOTONS)
Table 56 ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 57 ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 58 ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 59 ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 60 ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 61 CHINA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 62 CHINA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 63 CHINA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 64 CHINA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 65 JAPAN: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 66 JAPAN: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 67 JAPAN: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 68 JAPAN: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 69 INDIA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 70 INDIA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 71 INDIA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 72 INDIA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 73 SOUTH KOREA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 74 SOUTH KOREA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 75 SOUTH KOREA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 76 SOUTH KOREA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 77 OTHER ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 78 OTHER ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 79 OTHER ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 80 OTHER ASIA-PACIFIC: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 81 ROW: OXO ALCOHOLS MARKET SIZE, BY COUNTRY, 2013-2020 (KILOTONS)
Table 82 ROW: OXO ALCOHOLS MARKET SIZE, BY COUNTRY, 2013-2020 ($MILLION)
Table 83 ROW: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 84 ROW: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 85 ROW: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 86 ROW: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 87 MIDDLE EAST & AFRICA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 88 MIDDLE EAST & AFRICA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 89 MIDDLE EAST & AFRICA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 90 MIDDLE EAST & AFRICA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 91 SOUTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 (KILOTONS)
Table 92 SOUTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY TYPE, 2013-2020 ($MILLION)
Table 93 SOUTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 (KILOTONS)
Table 94 SOUTH AMERICA: OXO ALCOHOLS MARKET SIZE, BY APPLICATION, 2013-2020 ($MILLION)
Table 95 EXPANSIONS, 2011-2014
Table 96 NEW PRODUCT DEVELOPMENT, 2011-2014
Table 97 AGREEMENT, 2011-2014
Table 98 MERGER & ACQUISITION, 2011-2014
Table 99 JOINT VENTURES, 2011-2014

The report, “Oxo Alcohols Market by Type (N-butanol, 2-ethylhexanol, Isononyl alcohol, Isobutanol, 2-propylheptanol), by Application (Plasticizers, Coatings & adhesives, Lubricant adhesives, Chemical intermediates), by End User - Global Trends & Forecasts to 2020”, defines and segments the Oxo alcohols market with analysis and forecast of the market size.

The Oxo Alcohols Market is projected to grow at a CAGR of 5.53% to reach $20,976.6 million by 2020.

Oxo alcohols are prepared from a two-step process. First step is to convert olefins to alcohols by reaction with syn gas (carbon monoxide & hydrogen) followed by hydrogenation of the resultant aldehyde. In the first step, hydroformylation reaction is carried out under low pressure in the presence of rhodium catalyst (LP Oxo process). For example, ethylene may be hydro formulated to produce normal-butyraldehyde and iso-butyraldehyde which are hydrogenated to produce n-butanol and iso-butanol. The major applications of Oxo alcohols are plasticizers, paints, coatings & adhesives, lubricant additives, and chemical intermediates.

2-ethylhexanol (2-EH) and n-butanol are the largest consumed type of Oxo-Alcohols accounting for over 70% of the production. The major applications of Oxo alcohols are plasticizers, paints, coatings & adhesives, lubricant additives, and chemical intermediates. The major end-user industries where Oxo-alcohols are consumed are air conditioning & refrigeration, chemical processing, transportation, and consumer goods.

China and the U.S. are at forefront of Oxo alcohols consumption, while Italy, Japan, and the Germany are other key markets for Oxo alcohols consumption. China is the key market in Asia-Pacific, consuming almost half of the demand for Oxo alcohols, followed by Japan, South Korea, and India where consumption is growing steadily. Increase in the consumption of Oxo alcohols for refrigeration, chemical processing and transportation has been observed in Asia-Pacific due to continued industrialization and rise in the manufacturing sector of the region.



More Publications