Oxo Alcohol Market: Global Industry Analysis and Forecast
2016 - 2022
Persistence Market Research
Oxo Alcohol Market: Global Industry Analysis
and Forecast 2016 - 2022
Persistence Market Research
1
Oxo Alcohol Market: Global Industry Analysis and Forecast
2016 - 2022
Persistence Market Research Released New Market Report on “Oxo Alcohol Market: Global
Industry Analysis and Forecast 2016 - 2022”.
Plasticizers, acetates, and Ether are some of the most important feedstock for chemical and
manufacturing companies. It is, therefore, important to maintain a continuous supply of these
chemicals. These chemicals hence are needed to be produced in significant quantities to
support various industries directly or indirectly (in the form of byproducts) in the form of chemical
intermediates. One of the most important ingredients for the manufacture of plasticizers and
ether is oxo alcohol. Oxo alcohols are chemicals that are prepared when olefins react with
syngas in the presence of rhodium catalyst. Different olefins such as acetylene, propylene and
ethylene can be used for the preparation of different kinds of oxo-alcohols. N-butanol, 2ethylhexanol and isobutanol are the most commercially important Oxo alcohols. The majority
share in the oxo alcohol market is dominated by N-butanol and 2-ethylhexanol. The plasticizer is
the chief end-user segment followed by acrylates in the oxo alcohol market. The major end-user
industries of oxo alcohols include consumer goods, air conditioning & refrigeration and chemical
processing.
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The oxo alcohol market is witnessing a significant growth owing to the significant demand for
the manufacturing of plasticizers, paints, coatings & adhesives, additives, and chemical
intermediates. Plasticizers are the largest end use application of oxo alcohol industry and will...