Octyl Alcohol Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Industrial Grade, Food Grade, Others), By Application (Flavors & Fragrances, Pharmaceuticals, Agrochemicals, Others), By Region and Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Chemicals | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationOctyl Alcohol Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028 Segmented By Type (Industrial Grade, Food Grade, Others), By Application (Flavors & Fragrances, Pharmaceuticals, Agrochemicals, Others), By Region and Competition
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 7.02 billion |
| CAGR (2023-2028) | 4.13% |
| Fastest Growing Segment | Industrial Grade |
| Largest Market | Asia Pacific |
Market Overview
Key Market Drivers
Rising Demand of Octyl Alcohol in Flavor & Fragrance Application
Increasing Demand of Octyl Alcohol in Pharmaceutical Sector
Rising Demand of Octyl Alcohol in Agrochemicals Sector
Key Market Challenges
Raw Material Availability and Price Volatility Poses a Significant Obstacle to Market Expansion
Environmental Regulations and Sustainability
Key Market Trends
Rising Demand for Personal Care Products
Surging Demand for Industrial Cleaning Products
Sustainable Practices and Environmental Concerns
Segmental Insights
Type Insights
Application Insights
Regional Insights
Recent Developments
- In January 2023, Sisco Research
Laboratories Pvt. Ltd. (SRL) had joined hands with Israel-based Distributors,
Romical Ltd for the distribution of complete range SRL products in Israel.
- In May 2021, LanzaTech and BASF
achieved milestone in utilizing industrial off-gases for chemical production,
using special bacteria they able to produce n-octanol at laboratory scale from
carbon monoxide and hydrogen,
- In May 2021, BPCL's petrochemical
product 2 Ethyl Hexanol launched at Kochi Refinery, and it was dispatched to
Asian Paints in Satara and Visen Industries in Chennai.
- In February 2019, Sasol
introduced ALFOL 8 Alcohol which is high purity petrochemical-based 1-octanol
(also known as octyl alcohol). ALFOL 8 Alcohol is a colorless liquid with a
sweet pungent odor.
Key Market Players
- Sasol Limited
- BASF SE
- Solvay S.A.
- Bharat Petroleum Corporation Limited
- KLK OLEO
- Ecogreen Oleochemicals
- Arkema S.A.
- The Andhra Petrochemicals Ltd.
- Axxence Aromatic GmbH
- Sisco Research Laboratories Pvt. Ltd.
|
By
Type |
By
Application |
By Region |
|
|
|
FAQ'S
For a single, multi and corporate client license, the report will be available in PDF format. Sample report would be given you in excel format. For more questions please contact:
Within 24 to 48 hrs.
You can contact Sales team (sales@marketinsightsresearch.com) and they will direct you on email
You can order a report by selecting payment methods, which is bank wire or online payment through any Debit/Credit card, Razor pay or PayPal.
Discounts are available.
Hard Copy