Iso-nonanol (INA) is an isomer of the c9 family, it is also termed as oxo-alcohol or isononyl alcohol. It is produced by using three processes, namely, hydroformylation, distillation, and hydrogenation. These process are used in producing esters. Manufacturing process of Iso-nonanol contains alcohol characteristics, it is primarily utilized as a feedstock for various plasticizers. Iso-nonanol is transparent, clear, and has a specific odor. It is also a flammable liquid without visible impurities. Iso-nonanol can easily dissolve in almost all organic solvents; however, it has low water solubility, and thus, this property makes iso-nonanol useful in paints, coatings, and plastic industries. Furthermore, it is majorly employed in manufacturing plasticizers, such as nonyl acetate, which are applicable in aromatic chemical, plastics, and automotive parts. Rising demand for plasticizers in chemical and plastic industries is anticipated to propel the market; however, the stringent environment regulation and high rate of hazardous effects are estimated to hamper the market. Iso-nonanol, when vaporized, causes dizziness and drowsiness.

Based on type, the iso-nonanol market can be divided into DIPN (Di-Isononyl Phthalate), TINTM (Tri-Isononyl Trimellitate), DEHP (diethylhexyl phthalate), DINA (Di- Isononyl Adipate), DIDP (Diisodecyl phthalate), and others. DIPN (Di-Isononyl Phthalate) has higher molecular weight and better toxicological profile as compared to the other types. Therefore, it is widely employed in various applications such as in coatings, sealants, adhesives, solvents, paints and rubber. DEHP (diethylhexyl phthalate) is supple and more elastic in nature and hence, is not widely preferred in polymeric fabrics; however, it is utilized as an additive in paints, cosmetics, and pesticides. The DIDP segment is expanding due to the increase in demand for weather-resistant flexible PVC in the automotive industry. It also poses low fogging feature, which is primarily applicable in automotive interior trim components.

In terms of application, the market can be segregated into solvent, plasticizer, catalysts, additives, and others. Plasticizer is a prominent application segment of the iso-nonanol market, as it is a used majorly in the chemical industry, especially in the manufacturing of plastics. Therefore, the increasing demand for iso-nonanol in the plastic industry is anticipated to fuel the iso-nonanol market during the forecast period. Additionally, catalysts and additives application segments are providing opportunities to the market due to enhanced properties of iso-nonanol.

Based on end-use industry, the market is segmented into chemicals, plastics, personal care, paints & coatings, automotive, and others. Chemical is a key end-use industry of the market. This is attributed to the rising usage of iso-nonanol in the production of commercial products such as (DINA), diethylhexyl phthalate (DEHP), and others, which are majorly utilized as plasticizers. The plastics end-use industry segment is likely to expand due to the high demand for PVC in the packaging industry, which in turn is estimated to fuel the iso-nonanol market. Changing lifestyle, growing population, and increase in disposable income are augmenting the iso-nonanol market.

In terms of region, the global iso-nonanol market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is estimated to be a prominent market for iso-nonanol. India and China are the major contributors to regional market due to the presence of major end-use industries such as chemicals, paints & coatings, and agrochemicals in these countries. Additionally, significant production capacities in countries such as India, China, Taiwan, and Japan are projected to boost the Asia Pacific market. For instance, BASF and Sinopec, together, established an iso-nonanol plant in China in 2015, with an annual production capacity of 180,000 metric tons. Europe and North America also hold a significant share of the market, which is attributed to the expanding agrochemical, household & personal care, and chemicals industries in the region. The market in Latin America is anticipated to expand at significant growth rate due to the expansion of end-use industries, such as chemicals and plastics, in the region.

The iso-nonanol market is highly competitive due to the presence of major players in the market. Moreover, the market is witnessing a major contribution from local suppliers and manufacturers in Asia Pacific. Key players operating in the global iso-nonanol market are Sinopec, Evonik Industries AG, ExxonMobil Corporation, and BASF SE.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Isononanol Market

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