North America Oxo-Alcohol Market Size and Forecast 2032

North America Oxo-Alcohol Market Report by Type (2-Ethylhexanol, n-Butanol, iso-Butanol), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112025A1817

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Market Overview:

The North America oxo-alcohol market size reached US$ 4.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.7 Billion by 2032, exhibiting a growth rate (CAGR) of 3.53% during 2024-2032.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Size in 2023	US$ 4.9 Billion
Market Forecast in 2032	US$ 6.7 Billion
Market Growth Rate 2024-2032	3.53%

Oxo alcohols are chemicals produced by reacting olefins with syngas in the presence of a rhodium catalyst. These chemicals generally include Isobutanol (IBA), N-Butanol (NBA), and 2-Ethylhexanol (2-EH), which have wide industrial applications. Oxo alcohols are used as solvents and chemical intermediates in the manufacturing of adhesives, paints and coatings. Besides this, oxo-alcohols are utilized as a key raw material for producing plasticizers, acetates and ether, which serve as important feedstocks for chemical and manufacturing companies.

The North America oxo-alcohol market is being driven by several factors. The rising demand for oxo-alcohols across several sectors, such as air conditioning and refrigeration, consumer goods, and chemical processing, has catalyzed the market growth in the region. Moreover, increasing usage of oxo-alcohols in the production of printing inks, cleaners, resins, solubilizers, polishers, drugs, lube oil additives, and specialty chemicals, further stimulates the demand. Apart from this, these chemicals are also utilized for producing esters, which are employed as key ingredients for fragrant, skincare and haircare products. Besides this, expanding R&D activities for manufacturing new and efficient variants of oxo-alcohols has positively influenced the market growth in the region. Additionally, the growing demand for polyvinyl chloride (PVC), plasticizer-based concrete, ester-based plastics and flexible wallboard is expected to spur the demand for oxo-alcohols in the upcoming years.

IMARC Group’s latest report provides a deep insight into the North America oxo-alcohol market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the North America oxo-alcohol market in any manner.

North America Oxo-Alcohol Market

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the North America oxo-alcohol market report, along with forecasts at the regional and country levels from 2024-2032. Our report has categorized the market based on type.

Key Regions Analysed
- United States
- Canada
Analysis for Each Country
Market by Type
- 2-Ethylhexanol
- n-Butanol
- iso-Butanol
Market by Imports and Exports
- Imports
- Exports
Value Chain Analysis
Key Drivers and Challenges
Porters Five Forces Analysis
Competitive Landscape
- Competitive Structure
- Key Player Profiles

Report Coverage:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Billion, ‘000 Tons
Segment Coverage	Type, Country
Countries Covered	United States, Canada
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the North America oxo-alcohol market performed so far and how will it perform in the coming years?
What are the key regions in the North America oxo-alcohol market?
What has been the impact of COVID-19 on the North America oxo-alcohol market?
What is the breakup of the North America oxo-alcohol market on the basis of type?
What are the various stages in the value chain of the North America oxo-alcohol industry?
What are the key driving factors and challenges in the North America oxo-alcohol industry?
What is the structure of the North America oxo-alcohol industry and who are the key players?
What is the degree of competition in the North America oxo-alcohol industry?

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