Acetylenic Alcohols Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026

Acetylenic Alcohols Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2026

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  • Chemicals

Report Description

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Acetylenic alcohols are produced by ethinylation of carbonyl compounds, especially ketones, in the presence of an alkaline reagent and a solvent. Alkaline reagents used in this process include potassium hydroxide, alkali metal alcoholates, alkali metals, and alkaline earth metal amides. Commonly used bases are alkali amides. Potassium hydroxide is considered a poor condensation agent, which cannot be used in a few cases. Furthermore, the use of potassium hydroxide becomes non-economic as large volume is consumed in the reaction. This requires recovery and processing of potassium hydroxide so that it may be reused. Solvents used the production of acetylenic alcohols include ethers and polyethers.

The global acetylenic alcohols market can be segmented based on type and application. In terms of type, the acetylenic alcohols market can be divided into primary acetylenic alcohols, secondary acetylenic alcohols, and tertiary acetylenic alcohols. Primary acetylenic alcohols include 2-Octyn-l-ol; secondary acetylenic alcohols include ethyloctinol and 4-methyl-1-pentyn-3-ol.; tertiary acetylenic alcohols include methylbutynol, methylpentynol, 3- methyl-1-nonyn-3-ol, and 7,10 dimethyl-8-hexadecyne-7. In terms of end-use industry, the acetylenic alcohols market can be segregated into pharmaceuticals, metals, coatings and paint additives, aroma chemicals, agrochemicals, and others. Acetylenic alcohol acts as a corrosion inhibiting agent in the metal industry. It also helps in reaction inhibition of precious metal catalysts. Acetylenic alcohols play an important role as starting materials in organic synthesis. Acetylenic derivatives mitigate the corrosive attack suffered by iron alloys in hot acid environments. Organic compounds with acetylenic bond on the metal surface form a polymeric film that performs the inhibiting action by hindering the cathode hydrogen evolution reaction. The formation of polymeric layer involves an initial stage of chemisorption through electrons of the triple bond and a final polymerization stage, sustained by an elevation in the temperature.

Acid pickling, industrial acid cleaning, acid descaling, and oil well acidification processes employ corrosion inhibitors to prevent or reduce the corrosion rate of metallic materials in the acid media. Acetylenic alcohols act as corrosion inhibitors of transition metal corrosion in acid solutions. They are also used as intermediates for the production of polyols, insecticides, pharmaceuticals, and paints & coatings. Acetylenic alcohols are also employed in disinfectants, pipe descaling agents, etc. Acetylenic alcohols are converted into other functional groups and used for synthesis of natural organic compounds in pharmaceutical and agrochemical applications. Acetylenic derivatives form versatile intermediates in organic synthesis, especially in cycloaddition reactions. Allenic alcohols are formed by reacting lithium alanate with acetylenic alcohol.

In terms of sales, Asia Pacific is expected to dominate the acetylenic alcohols market during the forecast period. It is expected to be followed by Europe and North America. Growth in end-applications in Asia Pacific is a key factor driving the global acetylenic alcohols market. Aerosols are formed during some of the applications of acetylenic alcohols. Inhalation of these droplets of aerosol is harmful to human health. Absorption of acetylenic alcohols through oral and dermal routes causes inhalation toxicity. Developed regions such as Europe and North America have enacted mandatory regulations on the usage of personal protection equipment in these cases. Thus, risks to human health and safety is one of the prominent restraints of the global acetylenic alcohols market.

Key players operating in the global acetylenic alcohols market include BASF SE, Nissin Chemical co.,Ltd., LyondellBasell Industries N.V., Chevron Phillips Chemical, Dow Chemicals, Sinopec Sichuan Vinylon Works, Alfa Aesar, and Syntechem Co.,Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

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