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Nonene Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_4368 | Date : Jan, 2023 | Pages : 180 | Region : Global

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Nonene is an important trimer of propylene. Nonene is produced by the polymerization of propylene. Nonene is a branched alkene with molecular formula C9H18. Nonene is a clear, flammable liquid. It is primarily employed to manufacture chemical intermediates which are used in the production of plasticizers, coatings, surfactants, and detergents.
Based on end-use, the nonene market can be segmented into isodecyl alcohol, neodeconoic acid, nonyl phenol, and isononyl mercaptan. The isodecyl alcohol segment accounted for more than 55% share of the global market for nonene in 2019.
Nonene witnesses high demand in North America and Western Europe for use in the manufacture of oxo chemicals. The nonyl phenol segment holds a higher share of the nonene market in Central and South America and Central and Eastern Europe. In terms of consumption, Europe held a major share of the global nonene market in 2019 and the trend is likely to continue during the forecast period also. North America held the second-largest share of the global nonene market in 2019. The market in Asia Pacific is projected to register a significant growth rate during the forecast period. Rise in the consumption of paints, coatings, and textiles, especially in South Korea, Japan, and China, is anticipated to fuel the demand for nonene in Asia Pacific in the next few years. China and Japan are expected to hold a major share of the market for nonene in Asia Pacific during the forecast period. The nonene market in other regions such as Latin America and Middle East & Africa is anticipated to witness sluggish growth during the forecast period.
The Global Nonene Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Nonene Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Exxon Mobil
Shell
Braskem
TPC Group
PBF Energy
Suncor Energy
PJSC Nizhnekamskneftekhim
Jiangsu Jiafeng Chemical
ChemChina
FUCC

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Technical Grade
Industrial Grade

In Market segmentation by applications :
Produce Isodecyl Alcohol
Produce Neodecanoic Acid
Produce Nonylphenol
Produce Isononyl Mercaptan

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Nonene Market for the forecast period 2023-2030?
• What are the driving forces in the Nonene Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Nonene industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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