Global Isononyl Alcohol Market Report Description:
Global isononyl alcohol market report gives comprehensive outlook on isononyl alcohol across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa. The report on global isononyl alcohol market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, material type, application, and regions. This report studies global isononyl alcohol market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global isononyl alcohol market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global isononyl alcohol market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global isononyl alcohol market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global isononyl alcohol products.
Global Isononyl Alcohol Market:
The Global Isononyl Alcohol market estimated to be valued US$ XX Mn in 2018 and poised to grow at significant CAGR over 2019-2025. Growing demand for isononyl alcohol from developing countries like India and China, coupled with the high funding’s by key manufacturers, rising technological innovations and product launch is expected to upsurge the market. Nevertheless, due to its toxic nature, it poses a major threat to aquatic life restraints the growth of market.
Rising Demand from Plasticizers
Manufacturing of plasticizers as a raw material is one of the major applications of isononyl alchol It is considered to be the key component in chemical industries, particularly in plastic industry.The global plastic market is expected to grow at a highest CAGR in the coming years, which further propels the market growth. Additionally. The growing demand of polyvinylchloride (PVC) is positively influencing the global plasticizers market. It has been projected that the global plasticizer market would surpass US$ XX Bn during the forecast period. This further raises the demand for isononyl alcohol due to its maximum consumption in various end users. Rising per capita income and growing standard of living of majority of population across the globe is provocating them to expend on secondary requirements such as cosmetics and personal care, which further drives the market growth.
Rising application of isononyl alcohol in electrical and construction industries augments the market growth. Electrical and construction industries is pegged to grow at a significant higher CAGR which further upsurges the market growth.
Asia Pacific Accounts for Larger Market Revenue Share in Global Isononyl Alcohol Market
Asia Pacific is expected to be the leader. This can be attributed to the rising demand of these products by key manufactures in emerging economies like China and India. North America holds a significant position in the market. U.S. is the major market in North America, which is accredited to the mounting chemicals industry coupled with agrochemical and domestic & personal care. Europe is expected to register a substantial growth. The region is led by Germany followed by UK, and Belgium. The growth in this country is due to increasing demand of isononyl by end users. Latin America is expected to raise at noteworthy CAGR during the forecast period. This can be accounted due to growing end use industries like plastics, and chemicals.
Key player’s profiles in the global isononyl alcohol market include:
- Nihon Kenshi
- Walter Surface Technologies
- Sait Abrasivi
- United Star Abrasives
- Wenzhou Huajie Grinding Materials
- White Dove
- Zhangjiagang Xinyi Abrasive
- ZzsmAdvanced Plastics
Key players in Isononyl Alcohol Industry market enhance their product portfolio and consumer base by adopting striking market strategy like collaborations, acquisitions, technological innovations, among others. For instance, September 27 – 2018 BASF and LetterOne sign agreement to merge Wintershall and DEA.
Key Findings of the Report:
- Global isononyl alcohol market expanding at significant CAGR over 2019 to 2025 due to its rising applications.
- Based on application, plasticizer segment accounted for larger market revenue share in 2018 and projected gain market revenue share over the forecast period
- Players focusing on innovation of newer products and collaboration strategies to retain market position in global isononyl alcohol market
Key Features of the Report:
- The report provides granular level information about the market size, regional market share, historic market (2014-2018) and forecast (2019-2025)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market.
By Product Type
- Type 1
- Type 2
By Material Type
By Application Type
- Rest of Europe
- Rest of Asia Pacific
- Rest of Latin America
Middle East and Africa
- South Africa
- Gulf Corporation Council Counties (GCC)
- Rest of MEA