Iso-nonanol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Iso-nonanol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Transparency Market Research
  • August 2034
  • Chemicals
  • 0 pages

Report Description

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Iso-nonanol (INA) is an isomer of the c9 family, it is also termed as oxo-alcohol or isononyl alcohol. It is produced by using three processes, namely, hydroformylation, distillation, and hydrogenation. These process are used in producing esters. Manufacturing process of Iso-nonanol contains alcohol characteristics, it is primarily utilized as a feedstock for various plasticizers. Iso-nonanol is transparent, clear, and has a specific odor. It is also a flammable liquid without visible impurities. Iso-nonanol can easily dissolve in almost all organic solvents; however, it has low water solubility, and thus, this property makes iso-nonanol useful in paints, coatings, and plastic industries. Furthermore, it is majorly employed in manufacturing plasticizers, such as nonyl acetate, which are applicable in aromatic chemical, plastics, and automotive parts. Rising demand for plasticizers in chemical and plastic industries is anticipated to propel the market; however, the stringent environment regulation and high rate of hazardous effects are estimated to hamper the market. Iso-nonanol, when vaporized, causes dizziness and drowsiness.

Based on type, the iso-nonanol market can be divided into DIPN (Di-Isononyl Phthalate), TINTM (Tri-Isononyl Trimellitate), DEHP (diethylhexyl phthalate), DINA (Di- Isononyl Adipate), DIDP (Diisodecyl phthalate), and others. DIPN (Di-Isononyl Phthalate) has higher molecular weight and better toxicological profile as compared to the other types. Therefore, it is widely employed in various applications such as in coatings, sealants, adhesives, solvents, paints and rubber. DEHP (diethylhexyl phthalate) is supple and more elastic in nature and hence, is not widely preferred in polymeric fabrics; however, it is utilized as an additive in paints, cosmetics, and pesticides. The DIDP segment is expanding due to the increase in demand for weather-resistant flexible PVC in the automotive industry. It also poses low fogging feature, which is primarily applicable in automotive interior trim components.

In terms of application, the market can be segregated into solvent, plasticizer, catalysts, additives, and others. Plasticizer is a prominent application segment of the iso-nonanol market, as it is a used majorly in the chemical industry, especially in the manufacturing of plastics. Therefore, the increasing demand for iso-nonanol in the plastic industry is anticipated to fuel the iso-nonanol market during the forecast period. Additionally, catalysts and additives application segments are providing opportunities to the market due to enhanced properties of iso-nonanol.

Based on end-use industry, the market is segmented into chemicals, plastics, personal care, paints & coatings, automotive, and others. Chemical is a key end-use industry of the market. This is attributed to the rising usage of iso-nonanol in the production of commercial products such as (DINA), diethylhexyl phthalate (DEHP), and others, which are majorly utilized as plasticizers. The plastics end-use industry segment is likely to expand due to the high demand for PVC in the packaging industry, which in turn is estimated to fuel the iso-nonanol market. Changing lifestyle, growing population, and increase in disposable income are augmenting the iso-nonanol market.

In terms of region, the global iso-nonanol market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is estimated to be a prominent market for iso-nonanol. India and China are the major contributors to regional market due to the presence of major end-use industries such as chemicals, paints & coatings, and agrochemicals in these countries. Additionally, significant production capacities in countries such as India, China, Taiwan, and Japan are projected to boost the Asia Pacific market. For instance, BASF and Sinopec, together, established an iso-nonanol plant in China in 2015, with an annual production capacity of 180,000 metric tons. Europe and North America also hold a significant share of the market, which is attributed to the expanding agrochemical, household & personal care, and chemicals industries in the region. The market in Latin America is anticipated to expand at significant growth rate due to the expansion of end-use industries, such as chemicals and plastics, in the region.

The iso-nonanol market is highly competitive due to the presence of major players in the market. Moreover, the market is witnessing a major contribution from local suppliers and manufacturers in Asia Pacific. Key players operating in the global iso-nonanol market are Sinopec, Evonik Industries AG, ExxonMobil Corporation, and BASF SE.

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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