Plasticizer Alcohol Market Report America

  • Plasticizer Alcohol Market Report America
  • Plasticizer Alcohol Market Report America
  • Plasticizer Alcohol Market Report America
  • What is the global plasticizer alcohols market size?
  • The global plasticizer alcohols market is estimated to register at a CAGR of 3.4% in the global market during the forecast period and registers a revenue valued at US$ 6.08 Bn in 2022, and is expected to cross US$ 8.49 Bn by 2032.
  • Will plasticizer alcohols market grow in Asia Pacific region?
  • Moreover, plasticizer alcohols market is expected to witness substantial growth during the forecast period especially in developing regions of the globe such as Asia Pacific. This steady growth in plasticizer alcohols market in Asia Pacific region is expected to be spearheaded by growing demand from China.
  • How has the global economy affected plasticizer alcohol use in 2024?
  • In 2024, the weakness in the global economy and the Israel-Hamas war have resulted in declines in plasticizer alcohol use in markets such as construction and automotive. Disruptions in transportation and high costs in logistics lead to high inventory and limited production, resulting in a global utilization rate of below 70%.
  • What is the largest end-use market for plasticizer alcohols?
  • Plasticizers are the largest end-use market for plasticizer alcohols, accounting for nearly half of world consumption in 2024. Plasticizers will remain the largest application; however, demand for nonplasticizer applications such as acrylate/methacrylate esters, acetate esters and glycol ethers will also grow depending on the regional markets.
  • Which companies operate in global plasticizer alcohols market?
  • Some of the key companies that operate in global plasticizer alcohols market are Dow Chemical Company, Eastman Chemical Company, Evonik Industries, Zak S.A, Chengdu XiYa Chemical Technology Co., Ltd., Tianjin Zhongxin Chemtech Co., Ltd. and Meryer (Shanghai) Chemical Technology Co., Ltd. among many others.
  • Which plasticizer alcohol is most consumed in the world?
  • 2-Ethylhexanol (2-EH) and n-butanol continue to account for most plasticizer alcohol consumption, with a combined three-quarters of the global total. They are followed by isononyl alcohol and isobutanol. Consumption growth for both alcohols will continue during the next few years.

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