Nonene Market Size, Market Share, Growth, Trend and Forecast 2025
Nonene Market-New Research Report Announced with business priorities in order to assist companies to realign their business strategies.
Los Angeles, CA -- (SBWire) -- 10/10/2018 --Nonene is an important trimer of propylene. Nonene is produced by the polymerization of propylene. Nonene is a branched alkene with molecular formula C9H18. Nonene is a clear, flammable liquid. It is primarily employed to manufacture chemical intermediates which are used in the production of plasticizers, coatings, surfactants, and detergents.
Based on end-use, the nonene market can be segmented into isodecyl alcohol, neodeconoic acid, nonyl phenol, and isononyl mercaptan. The isodecyl alcohol segment accounted for more than 55% share of the global market for nonene in 2017.
Nonene witnesses high demand in North America and Western Europe for use in the manufacture of oxo chemicals. The nonyl phenol segment holds a higher share of the nonene market in Central and South America and Central and Eastern Europe. In terms of consumption, Europe held a major share of the global nonene market in 2017 and the trend is likely to continue during the forecast period also. North America held the second-largest share of the global nonene market in 2017. The market in Asia Pacific is projected to register a significant growth rate during the forecast period. Rise in the consumption of paints, coatings, and textiles, especially in South Korea, Japan, and China, is anticipated to fuel the demand for nonene in Asia Pacific in the next few years. China and Japan are expected to hold a major share of the market for nonene in Asia Pacific during the forecast period. The nonene market in other regions such as Latin America and Middle East & Africa is anticipated to witness sluggish growth during the forecast period.
The Nonene market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Nonene.
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This report includes the following manufacturers; we can also add the other companies as you want.
Exxon Mobil
Shell
Braskem
TPC Group
PBF Energy
Suncor Energy
PJSC Nizhnekamskneftekhim
Jiangsu Jiafeng Chemical
ChemChina
FUCC
Market Segment by Product Type
Technical Grade
Industrial Grade
Market Segment by Application
Produce Isodecyl Alcohol
Produce Neodecanoic Acid
Produce Nonylphenol
Produce Isononyl Mercaptan
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