Global Isononyl Alcohol Market Outlook 2017-2022

Global isononyl alcohol market is estimated to expand at a substantial CAGR of 4.3% by 2022 as the scope, product types, and its applications are increasing across the globe. Isononyl alcohol (INA) is also termed as oxo-alcohol or isononanol an isomer of the C9 family. It is a flammable, clear, colorless liquid that may be recognized by its specific odor. Its molecular formula is C9H20O and molar mass is 144.25. It is exclusively used in chemical reaction process.

The factors that propel the growth of the isononyl alcohol market include rising demand from developing countries like India and China, the high investments by key manufacturers, and the growing product innovation. On the other hand, there are factors that may hamper the growth of the market including toxic effects on aquatic life. 

Isononyl alcohol market may be explored by type, application, distribution channel, material type, and geography. The market may be explored by type as ExxonMobil Process, and C4 Chemicals Process. This market could be explored based on the application as DINCH, DINP and Other. The market may be explored by distribution channel as distributor, direct sale, and others could classify isononyl alcohol in the forecast period. This market may be explored by material type as DINA (Di-Isononyl Adipate), DINP (Di-Isononyl Phthalate), TINTM (Tri-Isononyl Taramellite), DINCH (Di (isononyl) cyclohexane-1, 2-dicarboxylate), and others

Isononyl alcohol market is categorized based on geography into North America, Latin America, Japan, Middle East, and Africa, Western Europe, Asia Pacific, and Eastern Europe.  Asia-Pacific accounted for the major share of the market in 2016 and will continue to lead in the forecast period. The key factor that may attribute to the growth of the market includes the rising demand from developing countries like India and China and the presence of the key manufacturers in the region. Asia-Pacific is followed by North America and Europe. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period.

The key players contributing to the robust growth of the isononyl alcohol market comprise AICELLO CHEMICAL CO. LTD, Nan Ya PLASTICS, ADCO Global Inc., Evonik, BASF, ExxonMobil, KH NEOCHEM, and ACE Geosynthetics Enterprise Co., Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Isononanol (INA) is the common name of Isononyl alcohol and is an isomer of the C9 family. It is produced from octene via formylation, hydrogenation, distillation, and refinement. The octene is formed by the dimerization of butene. INA is an odorous, flammable, and colorless liquid. It is only slightly soluble in water, but soluble in most organic solvents. Because of its alcohol characteristics, INA is a feedstock for the production of plasticizers, including DINP (Di-Isononyl Phthalate), DINCH (Di(isononyl)cyclohexane-1,2-dicarboxylate), DINA (Di-Isononyl Adipate), TINTM (Tri-Isononyl Trimellitate).

The five-year forecast for the INA market shows a Compound Annual Growth Rate (CAGR) of 4.3 percent driven by increased demand from emerging countries, according to a new report published by Gen Consulting Company.

The report covers forecast and analysis for the INA market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both output/volume and revenue. The study then describes the drivers and restraints for the INA market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the INA market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global INA market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

Demand for this market rises from the plasticizers (DINP, DINCH, TINTM, DINA) applications. All the segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Relevantly, the report and company profiles specify the key drivers that are impacting the demand in global INA market.

Key Applications
• DINP
• DINCH
• TINTM
• DINA

Key Regions
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

Key Vendors
• BASF
• Evonik
• ExxonMobil
• KH Neochem
• NPC
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Key Questions Answered in this Report
• What will the market size be in 2022?
• What are the key factors driving the global INA market?
• What are the challenges to market growth?
• Who are the key players in the INA market?
• What are the market opportunities and threats faced by the key players?