Plasticizer Alcohols Market Segments Analysis (2024-2025) Colombia

  • Plasticizer Alcohols Market Segments Analysis (2024-2025) Colombia
  • Plasticizer Alcohols Market Segments Analysis (2024-2025) Colombia
  • Plasticizer Alcohols Market Segments Analysis (2024-2025) Colombia
  • What is the global plasticizer alcohols market size?
  • The global plasticizer alcohols market is estimated to register at a CAGR of 3.4% in the global market during the forecast period and registers a revenue valued at US$ 6.08 Bn in 2022, and is expected to cross US$ 8.49 Bn by 2032.
  • How has the global economy affected plasticizer alcohol use in 2024?
  • In 2024, the weakness in the global economy and the Israel-Hamas war have resulted in declines in plasticizer alcohol use in markets such as construction and automotive. Disruptions in transportation and high costs in logistics lead to high inventory and limited production, resulting in a global utilization rate of below 70%.
  • Which companies operate in global plasticizer alcohols market?
  • Some of the key companies that operate in global plasticizer alcohols market are Dow Chemical Company, Eastman Chemical Company, Evonik Industries, Zak S.A, Chengdu XiYa Chemical Technology Co., Ltd., Tianjin Zhongxin Chemtech Co., Ltd. and Meryer (Shanghai) Chemical Technology Co., Ltd. among many others.
  • Will plasticizer alcohols market grow in Asia Pacific region?
  • Moreover, plasticizer alcohols market is expected to witness substantial growth during the forecast period especially in developing regions of the globe such as Asia Pacific. This steady growth in plasticizer alcohols market in Asia Pacific region is expected to be spearheaded by growing demand from China.
  • What are the major end-use industries for plasticizer alcohols?
  • The major end-use industries for plasticizer alcohols include automotive industry, construction industry among others. The major commercially used plasticizer alcohols are 2-Ethylhexanol, n-butanol, isobutanol, isononyl alcohol among others.
  • What are plasticizer alcohols?
  • Plasticizer alcohols are C7 to C11 primary alcohols. These plasticizer alcohols, composed of linear alky chains are used as plasticizers, acrylate esters, lube oil additives and solvents among others. A relatively stronger demand for plasticizer alcohols in production of acetate esters is expected to be witnessed during the forecast period.

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