#What is 2-Ethylhexanol (2-EH) Market?
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2-Ethylhexanol (2-EH) Market Size, Share By Forecast Period 2032
At Straits Research, published a new research publication on "2-Ethylhexanol (2-EH) Market Insights, to 2032" and enriched with self-explained Tables and charts in presentable format. In the Consider you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting Market associated stakeholders. The development of the 2-Ethylhexanol (2-EH) Market was primarily driven by the expanding R&D investing over the world.
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The Global 2-Ethylhexanol (2-EH) Market Size was valued at USD 6.51 billion in 2021 and is predicted to reach at USD 10.78 billion by 2030, increasing at a CAGR of 5.76% from 2022 to 2030.
2-Ethylhexanol is an amber-coloured liquid with a high-water solubility. The production of lubricants, plasticizers, and other chemical products relies heavily on 2-Ethylhexanol. N-Butyraldehyde is condensed with aldol and then hydrogenated, which is employed in commercial productions.
Some of the key players profiled in the study are:
Formosa Plastics Corporation
OQ Chemicals GmbH
Shandong Haiwang Chemical Co., Ltd
TIANJIN ZHONGXIN CHEMTECH CO. LTD. (ZX CHEMTECH)
Eastman Chemical Company
Merck KGaA
Arkema
Sasol Limited
SABIC
Dow
BASF SE
Mitsubishi Chemical Corporation
LG Chem
Evonik Industries AG
Exxon Mobil Corporation
The titled segments and sub-section of the market are illuminated below:
By Application
Plasticizers
2-EH Acrylate
2-EH Nitrate
Others
Browse Complete Summary and Table of Content @ https://straitsresearch.com/report/2-ethylhexanol-market/toc
Global 2-Ethylhexanol (2-EH) Market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to makes a difference the partners in making sound choices that may offer assistance to guarantee the benefit direction over the forecast years. Key Discoveries Of The Study: By benefit, the overseen administrations fragment is anticipated to witness most elevated development amid the forecast period. Based on 2-Ethylhexanol (2-EH) Market type, the outdoor 2-Ethylhexanol (2-EH) Market segment accounted for highest market share. Depending on enterprise size, the SMEs segment is anticipated to exhibit biggest growth during the forecast period. In terms of industry vertical segment, telecom & IT segment held the biggest share in 2-Ethylhexanol (2-EH) Market in 2019. Region Included are: Global, North America, Europe, APAC, South America, Middle East & Africa, LATAM. Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc. At long last, 2-Ethylhexanol (2-EH) Market is a important source of direction for people and companies.
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Thanks for reading this article you can also get region wise report version like Global, North America, Europe, APAC, South America, Middle East & Africa, LAMEA) and Forecasts, 2024-2032
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#2-Ethylhexanol (2-EH) Market Market#2-Ethylhexanol (2-EH) Market Market Share#2-Ethylhexanol (2-EH) Market Market Size#2-Ethylhexanol (2-EH) Market Market Research#2-Ethylhexanol (2-EH) Market Industry#What is 2-Ethylhexanol (2-EH) Market?
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Complete report about 2-Ethylhexanol (2-EH) Market to 2028
2-ethylhexanol (2-EH) market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on 2-ethylhexanol (2-EH) market us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Market Analysis and Insights
2-ethylhexanol (2-EH) market is expected to grow with a CAGR of 5.1% for the forecast period of 2020 to 2027. Development of LP Oxo technology is a vital factor driving the growth of 2-ethylhexanol (2-EH) market swiftly.
2-ethylhexanol (2-EH) is an organic compound that is colourless in nature. It is used as a raw material in the manufacturing of plasticizers and chemical products. Furthermore, it is used in industries like construction, automotive, and others & is in high demand from the plasticizer manufacturing industries.
Get TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-2-ethylhexanol-2-eh-market
You will get an answer for the following questions like
What CGAR 2-ethylhexanol (2-EH) market can expand?
What is the estimated valuation for the 2-ethylhexanol (2-EH) market?
Who are the key players of the 2-ethylhexanol (2-EH) market?
What are the technology segments of the 2-ethylhexanol (2-EH) market?
The Key players included in Global 2-ethylhexanol (2-EH) market report
Shandong Haiwang Chemical Co., Ltd
TIANJIN ZHONGXIN CHEMTECH CO.,LTD
(ZX CHEMTECH)
Formosa Plastics Corporation
OQ Chemicals GmbH
SABIC
LG Chem
Dow
BASF SE
Eastman Chemical Company
The countries covered in the report are
U.S.
Canada and Mexico in North America
Germany
France
U.K.
Netherlands
Switzerland
Belgium
Russia
Italy
Spain
Turkey
Rest of Europe in Europe
China
Japan
View full report @ https://www.databridgemarketresearch.com/reports/global-2-ethylhexanol-2-eh-market
Customization Available
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2-Ethylhexanol Market to Face a Significant Slowdown in 2020, as COVID-19 Sets a Negative Tone for Investors
Future Market Insights’ (FMI) new research report on the global 2-Ethylhexanol market offers in-depth analysis of the global trends, drivers, challenges, opportunities, and restraints which will shape the market growth in the years to come. The analysts at FMI have scrutinized and incorporated every possible factor that directly or and indirectly impacts the growth of the market during the forecast period (2018 to 2028). To facilitate easy understanding to the readers the vast study is condensed and structured on the basis of different segments and regions. Along similar lines, the market variables such as growth, consumption, value chain analysis, supply chain, etc. are presented transparently.
The report is essential for the stakeholders operating in the 2-Ethylhexanol market, such as manufacturers, distributors, suppliers, and investors, to understand the varying demand and supply side parameters. Having studied various parameters, thererpor paints a lucid picture of the path the market is headed in.
Impact of COVID-19 on 2-Ethylhexanol Market
The overall chemicals & materials industry is currently experiencing fluctuations in demand and sales and 2-Ethylhexanol market is no different. Beginning from the first quarter of 2020, there has been a curt change in working methodologies across manufacturing facilities to comply with the social distancing norms in place. The same extends to the 2-Ethylhexanol market, akin to other industries operating in the chemicals & materials domain. As a result of operations with limited work force, hindered supply chains, and terminated operations, a growth trajectory of 2-Ethylhexanol market is expected to navigate through a bumpy trajectory through the pandemic.
FMI’s report includes a dedicated section expounding both the short-term and long-term impact of the pandemic on the 2-Ethylhexanol market. The study is shaped to bolster stakeholders in making the right decisions to mitigate challenges and leverage opportunities through the pandemic.
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2-Ethylhexanol Market: Segmentation
To simply the gargantuan study, the report is segregated on the basis of different segments.
By Type:
Sapphire
Ruby
Emery
By Application:
2-EH nitrate
2-EH acrylate
Others
The aforementioned segments are studied with respect to each individual region, considering the region-specific trends, drivers and restraints.
The aforementioned segments are studied with respect to each individual region, considering the region-specific trends, drivers and restraints.
2-Ethylhexanol Market: Competition Analysis
The study bestows valuable insights into the competitive landscape of the global 2-Ethylhexanol market, by studying numerous players, their growth strategies, and key developments. The report dwells deep and scrutinizes several facets such as product launches, production methodologies, and steps adopted by players to cut costs, among others. Understanding the prevailing trends and strategies on the supply-side empowers players to foster their plan of action accordingly to progress on a remunerative path. Key players covered in the research include
Dow Chemical Company
INEOS Holdings Limited
SABIC
Chengdu XiYa Chemical Technology Co., Ltd.
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Key Questions Answered in FMI’s 2-Ethylhexanol Market Report
Which region is anticipated to hold a prominent market share over the forecast period?
What will be the key driving factor propelling the demand for 2-Ethylhexanol during the forecast period?
How current socio-economic trends will impact the 2-Ethylhexanol market?
What are the growth strategies implemented by prominent players in the 2-Ethylhexanol market to maintain their foothold in the competitive landscape?
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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2-Ethylhexanol Market Future Scope (2020-2025): Key Segments | China Petrochemical Corporation (Sinopec Group), Saudi Basic Industries Corporation (SABIC), LG Chem Limited
The 2-Ethylhexanol Market Report gives key strategies pursued by driving 2-Ethylhexanol industry Key Players and Sections of Market like-item determinations, volume, creation esteem, Feasibility Analysis, Classification dependent on types and end client application areas with geographic development and up and coming progression. The 2-Ethylhexanol market report gives comprehensive outline of Invention, Industry Requirement, innovation and generation investigation considering main considerations, for example, Revenue, ventures and business development.
The Global 2-Ethylhexanol market report offers a thought with perspective by the improved information related with 2-Ethylhexanol market. The Worldwide 2-Ethylhexanol report gives a wide stage offering different open gateways for different associations, firms, affiliations and new organizations. This report moreover incorporates approved estimations to build up a superior comprehension of the associations.
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The Worldwide 2-Ethylhexanol market reports give the point-to-point data about the legitimately settled industry players and near to the current associations in the market concerning the assembling examination, business, size, continues, deals, open industry action, creation, items, market CAGR, organization, share, conjecture patterns, supply, and demands.
Prime Players:
China Petrochemical Corporation (Sinopec Group), Saudi Basic Industries Corporation (SABIC), LG Chem Limited, Eastman Chemical Company, Sigma-Aldrich, Nan Ya Plastics Corporation, The Dow Chemical Company, Formosa Plastics Group, BASF SE, Mitsubishi Chemical Corporation
Market Segment by Types, covers:
Type 1
Type 2
Market Segment by Applications can be divided into:
2-EH Acrylate
2-EH Nitrate
Plasticizers
Other Application
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The 2-Ethylhexanol research report provides answers to the following key questions:
What are the major driving forces expected to impact the development of the 2-Ethylhexanol market across different regions?
What will be the growth rate and the market size of the 2-Ethylhexanol industry for the forecast period 2019-2025?
Who are the major driving forces expected to decide the fate of the industry worldwide?
Who are the prominent market players making a mark in the 2-Ethylhexanol market with their winning strategies?
Which industry trends are likely to shape the future of the industry during the forecast period 2019-2025?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the 2-Ethylhexanol market?
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Customization of this Report: This 2-Ethylhexanol report could be customized to the customer's requirements. Please contact our sales professional ([email protected]), we will ensure you obtain the report which works for your needs.
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Oxo Alcohols Market: World’s Leading Business In 2018-Know Your Competitors New Strategy's, Innovations and Technique's To sustain In Market From Industry Research Expert's-Report Till 2025
Global Oxo Alcohols market is a complete background analysis of industry, which includes an assessment of the parental market. The report includes detailed market definition, classifications, applications and market trends. Oxo Alcohols market report provides an in-depth overview of Product Specification, technology, product type and production analysis considering major factors such as Revenue, Cost, Gross and Gross Margin. It includes a comprehensive evaluation of the Markets growth prospects and Restrictions. Furthermore, it attempts to determine the impact of Buyers, Substitutes, New entrants, Competitors, and Suppliers on the market.
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Global Oxo Alcohols Market is expected to reach USD 21.5 billion by 2025, from USD 15.1 billion in 2017 growing at a CAGR of 4.5% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
In May 2011, Oxea company had launched a range of products under the brand name Oxsoft in order to support the increasing market shift to phthalate-free and non-VOC plasticizers. Due to launch of this product it will benefit in increase the product portfolio of the company.
Key Market Competitors: Global Oxo Alcohols Market
The key players operating in the global oxo alcohols market are
The DOW Chemical Company
BASF
ExxonMobil
Eastman Chemical Company
Evonik
The Andhra Petrochemicals Limited (India),
Oxea GmbH (Germany),
Ineos (Switzerland),
LG Chem Ltd (South Korea),
BAX Chemicals (Netherlands),
Qatar Petroleum (Qater),
Arkema SA (France),
ZAK S.A. (Poland),
Sasol Limited (South Africa),
Indu Nissan Oxo Chemicals Industries Ltd (India),
Mitsubishi Chemical Corporation (Japan),
PDIT Group Ltd (Russia),
Apratim International (India),
Dhiren Chemical Industries (India)
and many more.
Competitive Analysis: Global Oxo Alcohols Market
The global oxo alcohols market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of distilled spirits market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table of Contents:
1 Introduction
2 Research Methodologies
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Compliance in Oxo Alcohols Market
8 Oxo Alcohols Market, By Service
9 Oxo Alcohols Market, By Deployment Type
10 Oxo Alcohols Market, By Organization Size
11 Oxo Alcohols Market Analyses, By Vertical
12 Geographic Analyses
· North America
· Europe
· Asia-Pacific
· South America
· Middle East & Africa
13 Competitive Landscapes
14 Detailed Company Profiles
15 Related Reports
Request for Detailed TOC: https://databridgemarketresearch.com/toc/?dbmr=global-oxo-alcohols-market
Market Drivers:
Increasing demand for butyl acrylates, 2-eh acrylates
Increasing application scope in solvent formulations for usage in printing inks, cleaners & polish
Market Restraint:
Fluctuating raw material prices such as crude oil and derivatives
Stringent environmental regulations associated with the oxo alcohols industry
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Segmentation: Global Oxo Alcohols Market
By Type
N-Butanol
2- Ethylhexanol
ISO Butanol
Other OXO Alcohols
By Application
Acrylates
Glycol Ethers
Acetates
Lubes
Resins
Solvents
Plasticizers
Others
By Geography
Asia Pacific
North America
Europe
South America
Middle East & Africa
What Report offers to the buyers?
· To gain insightful analyses of the Oxo Alcohols Industry and have comprehensive understanding of the global market and its commercial landscape.
· To understand the future outlook and prospects for the Oxo Alcohols market with Marketing & Price (Price and Margin, Factors of Price Change, Manufacturers Gross Margin Analysis).
· Assess the production processes, major issues, and solutions.
· Market strategies that are being adopted by leading respective organizations
· Get a detailed picture of the Oxo Alcohols Industry.
· Understand the competitive environment, major players and leading brands
· Seven-year forecasts to assess how the Oxo Alcohols market is predicted to develop.
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Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavorsto provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
Contact:
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A Peek At The Immediate Future of the Cetane Number Improver (2-EHN) Market
APAC held the largest market share and growth rate in the Cetane Number Improver Market:
Asia Pacific region holds the largest market share and growth in the Cetane Number Improver Market, and is anticipated to reach $438.61 million by 2023 at a CAGR of 7.2%. The APAC region is the major and fastest growing region, as emerging economies such as China and India are experiencing huge demands for diesel, as majority of passenger fleets run on diesel. Also, the largest oil refineries are situated in India, South Korea and China, which require CNI in diesel to meet the regulatory standards. By 2026, it is estimated there will be more passenger cars in the developing countries than in the OECD countries, where 68% increase in fleets over 2011-2040 will be in developing Asia.The Chinesegovernment is currently concentrating on fuel specification and planning to implement Euro V fuel specification by 2018. So, it is projected that the CNI market will also grow at the same pace as the demand for diesel fuel in developing countries will increase in the near future. APAC CNI refinery was projected to grow at a CAGR of 6.1% to 304 KT in 2023. Large volumes of CNI are being used in APAC due to growing demands for diesel use in passenger vehicles.
Selected Market Life Cycle Analysis done in the Cetane Number Improver Market report:
CNI Market is segmented into two groups, i.e. direct market as oil refinery and aftermarket, which includes end-user industries such as automotive manufacturing, agricultural, power generators, marine and many more.
CNI is majorly used in oil refinery as compared to aftermarket. The growth of this market is estimated to increase at a faster rate, and is forecast to experience a surge of around $724 million due to the upcoming new refinery projects, and expansion of existing projects across the world.
According to recent publication of ExxonMobil Corp, it is planning a 20,000-b/d capacity expansion at its 345,000-b/d refinery in Beaumont, Texas, to hold increased processing of US light crudes.
They have also completed a metallurgy upgrade project at the Beaumont refinery to enlarge the plant’s capacity to process heavy Canadian crude. Furthermore, aftermarket accounts approximately 12% of the global CNI market.
Excerpts on Cetane Number Improver Market Growth Factors:
Petroleum Diesel accounts for 99% of the total CNI market whereas biodiesel is a very niche market, and is growing rapidly as environmental concerns and climate change is compelling countries to reduce greenhouse gas (GHG) emissions.
APAC is the major producer and consumer of CNI across the world. Growth in APAC is propelled by the growing markets in China and India.
Although CNI market for biodiesel is at a neophyte stage, but it has huge potential to grow in the future as technological developments will accelerate its growth at a higher level.
Increase in Passenger Fleet is driving the Cetane Number Improver Market. The locomotive industry is a major market for CNI. Currently, Diesel locomotives are recovering from global economic recession and are expected to grow in future. North America, Asia, Commonwealth of Independent States (CIS) countries are the major market for diesel locomotives.
Germany is the fastest growing country in the CNI market. Spain is also growing at a fast pace for CNI market to meet the minimum diesel standards.
It is projected that the CNI market will also grow at the same pace as the demand of diesel fuel in developing countries will increase in near future.
To access / purchase the full report browse the link below: https://industryarc.com/Report/6439/Cetane-Improver-Market-Research-Report.html
Key players of Cetane Number Improver Market:
CNI market has around 30 suppliers including key players such as Innospec, EPC-UK, Cetpro, Deepak Nitrites, Dorf-Ketal and few others. The report also includes the overview of key players in the CNI field such as Afton Chemical Limited, BASF SE, Very One (Eurenco), Nitroerg SA, Cetpro Ltd, Lubrizol Corporation and others.
Others companies include The BASF SE (Germany), Chevron Oronite Company (U.S.), Baker Hughes Incorporated (U.S.), and others.
Among these companies, Afton Chemicals has a vast range of products that are used in various end-user industries.
It will not be easy for the new and small companies to beat the already well- established giant players like Innospec fuel specialties, VERYONE (Eurenco), NITROERG SA and many more, as their distribution channel is strong.
The product line of Innospec Inc. is majorly into fuel specialty, whereas the company is a specialist in supplying end user specific formulated products. Most of the companies in the CNI market fall under medium scale enterprises. Small cluster of companies holds majority of the market.
Chevron Oronite set up a new refinery plant in Jurong Island, Singapore, to meet the growing demand in emerging markets like China and India.
This development increases the demand for CNI as majority of it is used in the oil refinery.
Acquisition between Spanish company Maxam Corp Holding S.L. by US based Advent International Corporation, gave rise to a vertical relationship between Advent's production of the oxo-alcohol 2-ethylhexanol (2-EH) and Maxam's downstream production of 2-ethylhexyl nitrate (2-EHN), a CNI for diesel fuel.
Cetane Number Improver Market Report is segmented as indicated below:
Cetane Number Improver Market By Diesel Type: 1. Petroleum Diesel 2. Biodiesel Cetane Number Improver Market By Market Type 1 Oil Refinery Market 2 Afer-Market 2.1 Automotive 2.2 Agriculture 2.3 Power Generations 2.4 Marine 2.5 Others
Cetane Number Improver Market By Geography (Covers 11 + Countries) Cetane Number Improver Market By Entropy
Companies Cited/Referenced/Interviewed in Cetane Number Improver Market:
• Chemiphase Ltd • Chevron Oronite Company LLC • Southwestern Petroleum Corporations • Cestoil Chemicals Inc • Company 5 • Company 6 • Company 7 • Company 8 • Company 9 • Company 10+
What can you expect from the report?
The Cetane Number Improver Market is Prepared with the Main Agenda to Cover the following 20 points: 1. Market Size by Product Categories 2. Market trends 3. Manufacturer Landscape 4. Distributor Landscape 5. Pricing Analysis 6. Top 10 End user Analysis 7. Product Benchmarking 8. Product Developments 9. Mergers & Acquisition Analysis 10. Patent Analysis 11. Demand Analysis (By Revenue & Volume) 12. Country level Analysis (15+) 13. Competitor Analysis 14. Market Shares Analysis 15. Value Chain Analysis 16. Supply Chain Analysis 17. Strategic Analysis 18. Current & Future Market Landscape Analysis 19. Opportunity Analysis 20. Revenue and Volume Analysis
FAQ:
Does IndustryARC publish country, geography or application based reports in Cetane Number Improver Market? Yes, we do have separate reports as mentioned below: 1. Americas Market for Cetane Number Improver Report (2018-2023) 2. Europe Market for Cetane Number Improver Analysis(2018-2023) 3. APAC Market for Cetane Number Improver Share(2018-2023) 4. RoW Market for Cetane Number Improver Growth(2018-2023) 5. Petroleum Diesel Market for Cetane Number Improver Forecast (2018-2023) 6. Biodiesel Market for Cetane Number Improver Size(2018-2023) 7. Oil Refinery Market for Cetane Number Improver Value (2018-2023) 8. After-Market Market for Cetane Number Improver (2018-2023)
Does IndustryARC customize these reports and charge additionally for limited customization? Yes, we can customize the report by extracting data from our database of reports and annual subscription databases. We can provide the following free customization: 1. Increase the level of data in application or end user industry. 2. Increase the number of countries in geography chapter. 3. Find out market shares for other smaller companies or companies which are of interest to you. 4. Company profiles can be requested based on your interest. 5. Patent analysis, pricing, product analysis, product benchmarking, value and supply chain analysis can be requested for a country or end use segment.
Any other major customizations can be discussed with our team, we can provide a separate quote based on your requirement. You can drop in an e-mail to [email protected] to discuss more about our consulting services.
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Cetane Number Improver Market at $702.1 million in 2017 is anticipated to grow in 2023
According to the new market research report by IndustryARC titled “Cetane Number Improver (2-EHN) Market: By Diesel Type (Petroleum Diesel and Biodiesel); By Market Type (Direct Market and After Market) and By Region - (2014-2020)”, the market is driven by the stringent emission control regulations, as per region, regarding diesel. In other words, emerging demand for CNI oil refinery is expected to drive global CNI (Cetane Number Improver) Market.
APAC held the largest market share and growth rate in the Cetane Number Improver Market
Asia Pacific region holds the largest market share and growth in the Cetane Number Improver Market, and is anticipated to reach $438.61 million by 2023 at a CAGR of 7.2%. The APAC region is the major and fastest growing region, as emerging economies such as China and India are experiencing huge demands for diesel, as majority of passenger fleets run on diesel. Also, the largest oil refineries are situated in India, South Korea and China, which require CNI in diesel to meet the regulatory standards. By 2026, it is estimated there will be more passenger cars in the developing countries than in the OECD countries, where 68% increase in fleets over 2011-2040 will be in developing Asia. The Chinese government is currently concentrating on fuel specification and planning to implement Euro V fuel specification by 2018. So, it is projected that the CNI market will also grow at the same pace as the demand for diesel fuel in developing countries will increase in the near future. APAC CNI refinery was projected to grow at a CAGR of 6.1% to 304 KT in 2023. Large volumes of CNI are being used in APAC due to growing demands for diesel use in passenger vehicles.
Selected Market Life Cycle Analysis done in the full report
CNI Market is segmented into two groups, i.e. direct market as oil refinery and aftermarket, which includes end-user industries such as automotive manufacturing, agricultural, power generators, marine and many more. CNI is majorly used in oil refinery as compared to aftermarket. The growth of this market is estimated to increase at a faster rate, and is forecast to experience a surge of around $724 million due to the upcoming new refinery projects, and expansion of existing projects across the world. According to recent publication of ExxonMobil Corp, it is planning a 20,000-b/d capacity expansion at its 345,000-b/d refinery in Beaumont, Texas, to hold increased processing of US light crudes. They have also completed a metallurgy upgrade project at the Beaumont refinery to enlarge the plant’s capacity to process heavy Canadian crude. Furthermore, aftermarket accounts approximately 12% of the global CNI market.
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Excerpts on Cetane Number Improver Market Growth Factors
Petroleum Diesel accounts for 99% of the total CNI market whereas biodiesel is a very niche market, and is growing rapidly as environmental concerns and climate change is compelling countries to reduce greenhouse gas (GHG) emissions. APAC is the major producer and consumer of CNI across the world. Growth in APAC is propelled by the growing markets in China and India. Although CNI market for biodiesel is at a neophyte stage, but it has huge potential to grow in the future as technological developments will accelerate its growth at a higher level. Increase in Passenger Fleet is driving the Cetane Number Improver Market. The locomotive industry is a major market for CNI. Currently, Diesel locomotives are recovering from global economic recession and are expected to grow in future. North America, Asia, Commonwealth of Independent States (CIS) countries are the major market for diesel locomotives. Germany is the fastest growing country in the CNI market. Spain is also growing at a fast pace for CNI market to meet the minimum diesel standards. It is projected that the CNI market will also grow at the same pace as the demand of diesel fuel in developing countries will increase in near future.
Key players of Cetane Number Improver Market:
CNI market has around 30 suppliers including key players such as Innospec, EPC-UK, Cetpro, Deepak Nitrites, Dorf-Ketal and few others. The report also includes the overview of key players in the CNI field such as Afton Chemical Limited, BASF SE, Very One (Eurenco), Nitroerg SA, Cetpro Ltd, Lubrizol Corporation and others. Others companies include The BASF SE (Germany), Chevron Oronite Company (U.S.), Baker Hughes Incorporated (U.S.), and others. Among these companies, Afton Chemicals has a vast range of products that are used in various end-user industries. It will not be easy for the new and small companies to beat the already well- established giant players like Innospec fuel specialties, VERYONE (Eurenco), NITROERG SA and many more, as their distribution channel is strong. The product line of Innospec Inc. is majorly into fuel specialty, whereas the company is a specialist in supplying end user specific formulated products. Most of the companies in the CNI market fall under medium scale enterprises. Small cluster of companies holds majority of the market. Chevron Oronite set up a new refinery plant in Jurong Island, Singapore, to meet the growing demand in emerging markets like China and India. This development increases the demand for CNI as majority of it is used in the oil refinery. Acquisition between Spanish company Maxam Corp Holding S.L. by US based Advent International Corporation, gave rise to a vertical relationship between Advent's production of the oxo-alcohol 2-ethylhexanol (2-EH) and Maxam's downstream production of 2-ethylhexyl nitrate (2-EHN), a CNI for diesel fuel.
Cetane Number Improver Market Report is segmented as indicated below:
Cetane Number Improver Market By Diesel Type: 1. Petroleum Diesel 2. Biodiesel Cetane Number Improver Market By Market Type 1 Oil Refinery Market 2 Afer-Market 2.1 Automotive 2.2 Agriculture 2.3 Power Generations 2.4 Marine 2.5 Others
Cetane Number Improver Market By Geography (Covers 11 + Countries) Cetane Number Improver Market By Entropy
Companies Cited/Referenced/Interviewed: Chemiphase Ltd Chevron Oronite Company LLC Southwestern Petroleum Corporations Cestoil Chemicals Inc
What can you expect from the report?
The Cetane Number Improver Market is Prepared with the Main Agenda to Cover the following 20 points: 1. Market Size by Product Categories 2. Market trends 3. Manufacturer Landscape 4. Distributor Landscape 5. Pricing Analysis 6. Top 10 End user Analysis 7. Product Benchmarking 8. Product Developments 9. Mergers & Acquisition Analysis 10. Patent Analysis 11. Demand Analysis (By Revenue & Volume) 12. Country level Analysis (15+) 13. Competitor Analysis 14. Market Shares Analysis 15. Value Chain Analysis 16. Supply Chain Analysis 17. Strategic Analysis 18. Current & Future Market Landscape Analysis 19. Opportunity Analysis 20. Revenue and Volume Analysis
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Complete report about Ionic Liquid Market forecast to 2027
Ionic liquid market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Data Bridge Market Research ionic liquid market contact us for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
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Market Analysis and Insights
The ionic liquid market will reach an estimated valuation of USD 67.64 million by 2027 from USD 33.21 million in 2019 while registering this growth at a rate of 9.30% for the forecast period of 2020 to 2027. Data Bridge Market Research report on the ionic liquid market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The growing demand for ionic liquids for the biomass exchange into biofuel and other chemical products mainly fractionation of wood into core components will help to impact the market growth in the forecast period of 2020 to 2027. The increasing applications of solvents & catalysts, unique possessions of ionic liquids, increasing demand from the extractions & separations sector, and growing environmental awareness regarding green solvents are some of the factors that will likely enhance the growth of the market. On the other hand, the association for the commercialization of applications will boost various opportunities that will lead to the growth of the market in the above-mentioned forecast period.
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The Key players included in the Global Ionic liquid market report
BASF SE
Strem Chemicals Inc
Merck KGaA
Evonik Industries
Coorstek Specialty Chemicals
Cytec Solvay Group
Reinste Nanoventure
Ionic Liquids Technologies Gmbh
Tatva Chintan Pharma Chem Pvt. Ltd.
Strem Chemicals, Inc
The countries covered in the report are
U.S.
Canada and Mexico in North America
Germany
France
U.K.
Netherlands
Switzerland
Belgium
Russia
Italy
Spain,
View full report @ https://www.databridgemarketresearch.com/reports/global-ionic-liquid-market
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