Isooctanoic Acid Market

Isooctanoic Acid(25103-52-0) is a type of fatty acid with nine carbon atoms. It is also called pelargonic acid. Its chemical formula is C9H18O2. Isononanoic acid is obtained by oxidation of isononyl aldehyde. The acid is a mixture of isomers with 3, 5, 5-trimethyl hexanoic acid with weight percentage of about 90. Isononanoic acid is a clear, colorless liquid with faint odor. It is miscible with organic solvents. Isononanoic acid is only sparingly soluble in water. The ECHA (European Chemicals Agency) classifies isononanoic acid as a dangerous material in CPA classifications, as it causes severe eye damage if exposed and causes skin irritation if swallowed. Isononanoic acid is primarily applied as a plasticizer in cosmetics and personal care products. It is used as a skin conditioning agent, cleansing agent, and emulsifying agent in surfactant formulations. It is also used as a herbicide to prevent growth of weeds, both indoors and outdoors, and as a blossom thinner for apple and pear trees. The Food & Drug Administration (FDA) has approved the usage of isononanoic acid as a food additive and has added it to the list of synthetic flavoring. With this, it can now be added directly to food.
Isooctanoic Acid Market aims to provide a comprehensive presentation of the global market for Isooctanoic Acid, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Isooctanoic Acid. Isooctanoic Acid Market contains market size and forecasts of Isooctanoic Acid in global, including the following market information:
Global Isooctanoic Acid Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Isooctanoic Acid Market Sales, 2018-2023, 2024-2029, (K MT)
Global top five Isooctanoic Acid companies in 2022 (%)
The global Isooctanoic Acid market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Purity(Above 99%) Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Isooctanoic Acid include Nease, OXEA Chemicals, KH NeoChem, BOC Sciences, FiniPharma Limited and BASF, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Isooctanoic Acid manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Isooctanoic Acid Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Isooctanoic Acid Market Segment Percentages, by Type, 2022 (%)
Purity(Above 99%)
Purity(99%-95%)
Purity(Below 95%)
Global Isooctanoic Acid Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Isooctanoic Acid Market Segment Percentages, by Application, 2022 (%)
Bio-pesticides
Cosmetics & Personal Care
Food
Others
Global Isooctanoic Acid Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Isooctanoic Acid Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Isooctanoic Acid revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Isooctanoic Acid revenues share in global market, 2022 (%)
Key companies Isooctanoic Acid sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Isooctanoic Acid sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nease
OXEA Chemicals
KH NeoChem
BOC Sciences
FiniPharma Limited
BASF
Outline of Major Chapters:
Chapter 1: Introduces the definition of Isooctanoic Acid, market overview.
Chapter 2: Global Isooctanoic Acid market size in revenue and volume.
Chapter 3: Detailed analysis of Isooctanoic Acid manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Isooctanoic Acid in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Isooctanoic Acid capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.