Several household and commercial chemicals are produced using the material in a variety of industries. Furthermore, it is a vital component in several chemical compositions, including detergents, disinfectants, and antiseptics. Isooctyl alcohol has a light, pleasant odour and is a transparent, colourless liquid. It is frequently used in the synthesis of plasticizers, synthetic drying oils, lubricating and cutting oils, and hydraulic fluids as a chemical intermediate and solvent. As an intermediary for non-ionic detergents and surfactants, resin solvents, emulsifiers, anti-foaming agents, and as a means of attaching the Isooctyl group to other chemicals, Isooctyl alcohol is also employed.
One of the items that was used most frequently during the current worldwide coronavirus outbreak was sanitizer. Due to the formulation's ability to protect the skin against the entry of viruses or other infections, high sales in previous years were a result. During the crisis, multinational companies that produce disinfectants like isopropyl alcohol started maximising their manufacturing capacities to meet up with the demand's rapid development.
Isooctyl Alcohol Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; BOC Sciences, Chevron Phillips Chemical Company, ExxonMobil Corporation, GJ Chemical, Henan Bon Industrial (Chemical) Co Ltd, Henan GP Chemicals Co Ltd, KH Chemicals, Merck KGaA, ThermoFisher Scientific, Others
Global Isooctyl Alcohol Market Segmentation:
By Product: Based on the Product, Global Isooctyl Alcohol Market is segmented as; Ethyl Alcohol, Isobutyl Alcohol, Isopropyl Alcohol, Methyl Alcohol, Others.
By Source: Based on the Source, Global Isooctyl Alcohol Market is segmented as; Corn, Fossil Fuels, Grains, Sugar and Molasses, Others.
By Application: Based on the Application, Global Isooctyl Alcohol Market is segmented as; Chemical Intermediates, Detergent and Cleaning Chemicals, Food Ingredient, Personal Care, Pharmaceutical, Transportation Fuel and Fuel Additives.
By End Use: Based on the End Use, Global Isooctyl Alcohol Market is segmented as; Fuel Additives, Packaging, Paint and Film, Wire and Cable, Others.
By Region: This report also provide the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.