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Oxo-octyl Acetate Market Share

Report ID: GMI6698
Published Date: Sep 2023
Report Format: PDF

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Oxo-octyl Acetate Market Share

Some of the major players operating in the Oxo-octyl acetate market are:

Eastman Chemical Company
BASF SE
ExxonMobil Chemical
Evonik Industries AG
Dow Chemical Company
Shell Chemicals
LyondellBasell Industries
SABIC
INEOS Group
Mitsui Chemicals
Arkema Group
Mitsubishi Chemical Corporation
Huntsman Corporation
Celanese Corporation
Solvay S.A.

These players focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these players are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Oxo-octyl acetate industry size was worth USD 1.4 billion in 2022 and is estimated to reach USD 2.1 billion by 2032 driven by increasing usage of cleaning solutions to dissolve oils, greases, and contaminants.

Oxo-octyl acetate industry from the paint and coatings end-use segment is anticipated to expand at 3.4% CAGR from 2023-2032 attributed to growing usage in dissolving and dispersing pigments, resins, and additives in paint formulations.

U.S. oxo-octyl acetate industry size was USD 585 million in 2022 and is anticipated to expand significantly through 2032 owing to the increasing demand from the well-established paints and coatings sector of the region.

Some leading oxo-octyl acetate industry players are Eastman Chemical Company, BASF SE, ExxonMobil Chemical, Evonik Industries AG, Dow Chemical Company, Shell Chemicals, LyondellBasell Industries, and SABIC