Isononanoic acid is a mixture of isomers with a 3, 5, 5-trimethylhexanoic acid content of about 90%, and is obtained by oxidation of the corresponding isononyl aldehyde. The clear, colorless liquid with a faint odor is miscible with the usual organic solvents. Isononanoic acid is only sparingly soluble in water.
Under the background of slower economy growth rate, companies face the higher risks of profit decline. Currently, isononanoic acid market has a certain potential in Europe, USA and Japan. These areas demand are relatively stable. During these years, China's isononanoic acid demand maintains a rapid growth. Currently, OXEA, BASF and KH Neochem are the most important production companies. Currently, the high degree of concentration of the industry, OXEA, BASF and KH Neochem control this industry. Except these three companies, there are no other major manufacturers. China is not the manufacturer, absolutely relying on import.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate. In the globe, emerging economies countries support the lubricant industry and metal working fluids industry, it will lead the increase of isononanoic acid demand. Therefore, we think entering China and India market will be a good choice.
According to this study, over the next five years the Isononanoic Acid market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 290 million by 2024, from US$ 240 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Isononanoic Acid business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Isononanoic Acid market by product type, application, key manufacturers and key regions and countries.
This study considers the Isononanoic Acid value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Type I
Type II
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Coating and paint
Cosmetics and personal care
Metal working fluids
Lubricant
Plasticizer
Other
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Evonik
OXEA
BASF
KH Neochem
BASF
Sinopec
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Isononanoic Acid consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Isononanoic Acid market by identifying its various subsegments.
Focuses on the key global Isononanoic Acid manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Isononanoic Acid with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Isononanoic Acid submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Isononanoic Acid . Industry analysis & Market Report on Isononanoic Acid is a syndicated market report, published as Global Isononanoic Acid Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Isononanoic Acid market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.