Growth in butyl acrylates and 2-eh acrylates has played an eminent role in the growth of the market. In addition, rising demand for the Oxo alcohol is felt in the Asia Pacific region. However, fast maturing product development process has hampered the market growth. Negative trends of DOP in regions such as North America and Europe have also hindered the development of the market. On the other hand, demand production gap in Asian countries including China is likely to create greater opportunities. Besides this, growing investment in the downstream market in Saudi Arabia would also open new avenues.
The Oxo alcohol market is segmented based type, application and geography. The types covered in the market research report include Isobutanol, N-butanol as well as 2-ethylhexanol. In addition, applications discussed during the study are plasticizer, acrylates, acetate, resins, solvents, glycol ethers and lube. Regions such as North America, Europe, Asia Pacific and LAMEA would experience tremendous growth.
Key market players active in the market are LG Chem, BAX Chemicals, Eastman Chemical Company, Dow Chemical Company, BASF Petronas, ExxonMobil Chemical Company, Qatar Petroleum, Andhra Petrochemicals, Arkema and Evonik Industries.
KEY BENEFITS FOR STAKEHOLDERS
The market research report provides an integrated information on the major drivers, restraints and opportunities influencing the industry growth during the forecast period.
The study further drills down to produce data volume by components, end customers and demography.
SWOT analysis of major brands, highlights weaknesses, strengths, opportunities and threats. The data proves effective for business owners planning on designing their marketing and branding strategies.
Region wise business performance discussed in the market research report would be valuable for enterprises planning to explore new areas.
The report not only examines the market dynamics but also takes a closer look at the growth rate and industrial chain structure.
Study further weigh up on the prominent market players and what they are doing different to position their product in the already crowded marketplace.
Assessment of upstream and downstream market also forms an important part of the report.
KEY MARKET SEGMENTS
By Type
Isobutanol
N-butanol
2-ethylhexanol
By Application
Plasticizer
Acrylates
Acetate
Resins
Solvents
Glycol Ethers
Lube
By Geography
North America
Europe
Asia-Pacific
LAMEA
Key Players
LG Chem
BAX Chemicals
Eastman Chemical Company
Dow Chemical Company
BASF Petronas
ExxonMobil Chemical Company
Qatar Petroleum
Andhra Petrochemicals
Arkema
Evonik Industries
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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