Octyl Alcohol Market to Reach 310 Million US$ by 2025 with 5.0% CAGR: QY Research
Los Angeles, CA -- (SBWire) -- 04/18/2019 --Octyl Alcohol (synonym name: Caprylic Alcohol) is the organic compound with the molecular formula CH3 (CH2)7OH. It is a fatty alcohol. Many other isomers are also known generically as octanols.
Octyl Alcohol production is mainly concentrated in South Asia, EU and USA. At present, the output of the three regions occupies about 78.63% of global Octyl Alcohol production. The main market players are Kao Chem, Ecogreen Oleo, PTTGC, Musim Mas, Sasol, Basf and KLK Oleo, etc
Compared with a million-ton-production market size of isobutyl alcohol, Octyl Alcohol is just a small market because the downstream application of Octyl Alcohol is much smaller than the isobutyl alcohol. Octyl Alcohol can be classified into two types: industrial grade and food grade, survey results showed that 81.93% of the Octyl Alcohol market is industrial grade in 2017.
The global Octyl Alcohol market was 210 million US$ in 2018 and is expected to 310 million US$ by the end of 2025, growing at a CAGR of 5.0% between 2019 and 2025.
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This report studies the Octyl Alcohol market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Octyl Alcohol in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Kao Chem
KLK Oleo
PTTGC
Basf
Ecogreen Oleo
Emery
Liaoning Huaxing
Sasol
P&G Chem
Musim Mas
VVF
Axxence
Auro Chemicals
By the product type, the market is primarily split into
Industrial Grade
Food Grade
Others
By the end users/application, this report covers the following segments
Chemical intermediates
Cosmetics
Food
Others
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