Oxo Alcohols Market: Global Industry Analysis and Forecast (2025-2029)
The global oxo alcohols market was valued at US $13.21 Bn. in 2025, and it is expected to reach US $ 20.44 Bn. by 2029 with a CAGR of 6.43% during the forecast period. Oxo alcohols are alcohols made by hydroformylating an olefin with CO (Carbon Monoxide) and hydrogen (typically mixed as synthesis gas) to produce an aldehyde and then
Oxo-alcohols Prices, Analytics & Forecasts | ICIS
Solutions. ICIS publishes independent oxo-alcohols price assessments by region, based on confirmed deals and verified information. We provide actionable market news in real time. This includes weekly price updates, and detailed coverage of the upstream and downstream factors that drive this market.
Global Oxo Alcohols Market - Data Bridge Market Research
Data Bridge Market Research analyses that the oxo alcohols market to be growing at a CAGR of 4.42% in the forecast period of 2025-2029 and is likely to reach the USD 19.08 billion by 2029. Oxo-alcohols are compounds made when olefins combine with syngas in the presence of a rhodium catalyst.
Plasticisers Oxo Alcohols | Tecnon OrbiChem
About 97-98% of global demand is used in the production of the plasticiser, DINP. Isodecananol: This product is an oxo alcohol which is normally produced in a flexible oxonation plant, using a C9/trimer stream, along with iso-nonanol and other plasticiser alcohols. Around 95% of total worldwide demand is consumed in producing the plasticiser, DIDP.
Global Oxo-Alcohol Market Outlook - Expert Market Research
The global oxo-alcohol market attained a volume of 8.67 million tons in 2025, driven by the rising demand for paints and lubricants and increased construction activities. Aided by the new technological innovations, the industry is expected to witness a further growth in the forecast period of 2025-2028, growing at a CAGR of 2.5%. The market is projected to reach 10.05 million tons by 2028.
- How big is the global oxo alcohols market?
- Global oxo alcohols market size surpassed USD 17.5 billion in 2020 and is projected to grow at over 5% CAGR from 2021 to 2027 due to increasing demand for acrylate to produce acrylate polymers.
- What is the oxo alcohols industry?
- The oxo alcohols industry is competitive and includes various players such as LG Chem, Grupa Azoty ZAK S.A., The Dow Chemical Company, OXEA GmbH, Evonik Industries, Perstorp Group, BASF, Sasol, Hanwha Chemical Corporation, Eastman Chemical, Elekeiroz, Andhra Petrochemicals, Bax Chemicals, and Exxon Mobil Corporation.
- What is the global market for OXO-alcohol?
- North America is anticipated to account for a significant share in the global market for oxo-alcohol. This can be attributed to growing demand for oxo-alcohol such as isobutanol as an additive blended into gasoline, which helps to reduce carburettor icing.
- What is the demand for oxo alcohols in China?
- Oxo alcohols demand in China is very high owing to large-scale industrialization. China also has an extensive demand for coatings, paints, adhesives & varnishes as well as reinforced regional construction spending. It also has a growing automobile sector that consumes a high level of lubricants.
- How will Asia's oxo-alcohols market perform in '25?
- OUTLOOK '25: Asia's oxo-alcohols market braces for oversupply, squeezed margins Asia's oxo-alcohols spot markets are poised for a rocky year ahead due to oversupply and weak derivative margins, while a large buy-sell gap between Chinese buyers and Asian exporters will likely lead to more merchant volumes.
- What is the global OXO-alcohol market size in 2023?
- The global oxo-alcohol market reached a volume of nearly 8.89 million tons in 2023. The market is further expected to grow at a CAGR of 2.5% in the forecast period of 2024-2032. Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
