Isononyl Alcohol Market Emerging Factors, Future Demands, and Key Players
The factors that are playing a major role in the growth of isononyl alcohol market are the rising demand from developing countries like India and China, the high investments by key manufacturers, and the growing product innovation.
(firmenpresse) - Global isononyl alcohol market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Isononyl alcohol (INA) is also termed as oxo-alcohol or isononanol. It is an isomer of the C9 family. It is a flammable, clear, colorless liquid that could be recognized by its specific odor. Its molecular formula is C9H20O and molar mass is 144.25. It is exclusively used in chemical reaction processes. It is soluble in organic solvents and slightly soluble in the water. It is produced from the refinement of octenes, hydroformylation, distillation, and hydrogenation.
The factors that are playing a major role in the growth of isononyl alcohol market are the rising demand from developing countries like India and China, the high investments by key manufacturers, and the growing product innovation. However, toxic effects to aquatic life may restrain overall market growth in the years to come. Isononyl alcohol market is segmented based on product type, ingredients, distribution channel, material type, application, and region.
ExxonMobil process and C4 chemicals process are the product types that could be explored in isononyl alcohol in the forecast period. Alpha olefins and linear alpha-olefins are the key ingredients that could be explored in isononyl alcohol in the forecast period. Based on the distribution channel, distributor, direct sale, and others could classify isononyl alcohol in the forecast period.
Based on material, DINA (Di-Isononyl Adipate), DINP (Di-Isononyl Phthalate), TINTM (Tri-Isononyl Trimellitate), DINCH (Di (isononyl)cyclohexane-1,2-dicarboxylate), and others could classify isononyl alcohol in the forecast period. DINP sector accounted for the substantial market share of isononyl alcohol and is estimated to lead the overall market in the years to come. Also, DINCH sector is estimated to grow at the fastest pace in the years to come.
The market may be categorized based on applications like additives, plasticizers, surfactants, lubricants, and others that could be explored in the forecast period. Globally, Asia Pacific accounted for the substantial market share of isononyl alcohol and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the rising demand from developing countries like India and China and the presence of the key manufacturers in the region.
North America and Europe are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period.
The key players of the isononyl alcohol market are AICELLO CHEMICAL CO. LTD, Nan Ya PLASTICS, ADCO Global Inc., Evonik, BASF, ExxonMobil, KH NEOCHEM, and ACE Geosynthetics Enterprise Co., Ltd. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition. ExxonMobil and Evonik accounted for the major market share of isononyl alcohol and is estimated to lead the overall market in the years to come.
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive marketplace that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.
"Million Insights
Felton Office Plaza 6265 Highway 9 Felton, California 95018, United States
Phone: +1-408-610-2300
Toll Free: +1-866-831-4085
Email: sales(at)millioninsights.com"
Datum: 23.07.2019 - 09:03 Uhr
Sprache: Deutsch
News-ID 596209
Anzahl Zeichen: 3454
contact information:
Contact person: Tom Clark
Town:
Felton
Phone: 14086102300
Kategorie:
Wholesalers and Distributers
Typ of Press Release: Financial
type of sending: send
Date of sending: 23.07.2019
Diese Pressemitteilung wurde bisher 198 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Isononyl Alcohol Market Emerging Factors, Future Demands, and Key Players"
steht unter der journalistisch-redaktionellen Verantwortung von
Million Insights (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
