best price Global Oxo Alcohols and Plasticizers

  • best price Global Oxo Alcohols and Plasticizers
  • best price Global Oxo Alcohols and Plasticizers
  • best price Global Oxo Alcohols and Plasticizers
  • How big is the global oxo alcohols market?
  • Global oxo alcohols market size surpassed USD 17.5 billion in 2020 and is projected to grow at over 5% CAGR from 2021 to 2027 due to increasing demand for acrylate to produce acrylate polymers.
  • What is the global OXO-alcohol market size?
  • The global oxo-alcohol market size reached US$ 14.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 31.1 Billion by 2032, exhibiting a growth rate (CAGR) of 9% during 2024-2032. Oxo-alcohol is a chemical compound prepared by reacting olefins with syngas at low pressure in the presence of a rhodium catalyst.
  • Why are oxo-alcohol plasticizers becoming more popular?
  • Rapid industrialization and the expansion of manufacturing plants are among the key factors catalyzing the demand for oxo-alcohols across the globe. In addition, the growing global population is resulting in rising construction activities, which, in turn, is increasing the need for plasticizers formulated with oxo-alcohols.
  • What is the oxo alcohols industry?
  • The oxo alcohols industry is competitive and includes various players such as LG Chem, Grupa Azoty ZAK S.A., The Dow Chemical Company, OXEA GmbH, Evonik Industries, Perstorp Group, BASF, Sasol, Hanwha Chemical Corporation, Eastman Chemical, Elekeiroz, Andhra Petrochemicals, Bax Chemicals, and Exxon Mobil Corporation.
  • What is the oxo alcohols market share from 2-ethylhexanol?
  • To tailor this report to your specific requirements: Customize this Report The oxo alcohols market share from 2-Ethylhexanol product will exceed USD 12.5 billion by 2027. 2-Ethylhexanol is a colorless liquid that is low in terms of solubility in water but is highly soluble in most of the organic solvents.
  • Why is the oxo-alcohol market growing?
  • The escalating demand for oxo-alcohols from the plasticizers indutry represents one of the primary factors catalyzing the market growth. Besides this, the increasing demand for acrylates from the coatings and packaging industries is also creating a positive impact on the industry.

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