Report Code: A15575 | Pages: NA | Jul 2023 | 1396 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Nonene Market
Request Now !Nonene is a flammable, transparent liquid. Chemical intermediates are utilized in the synthesis of plasticizers, coatings, surfactants, and detergents, and it is largely used to make them. Propylene's nonene is an essential trimer.
The polymerization of propylene yields nonene. Nonene has the chemical formula C9H18 and is a branching alkene. Nonene is a flammable, transparent liquid. Chemical intermediates are utilized in the synthesis of plasticizers, coatings, surfactants, and detergents, and it is largely used to make them. The nonene market can be divided into isodecyl alcohol, neodeconoic acid, nonyl phenol, and isononyl mercaptan based on end-use. Surfactants and specialty chemicals are made with these substances and are employed in industries like agrochemicals, personal care, home care, and paints and coatings. Surfactant manufacturers can create novel shampoos, detergents, and surface cleansers by employing nonene. The nonene market can be divided into two types based on grade: technical grade and industrial grade.
COVID-19 Impact analysis
COVID-19 sickness began to spread over the world in early 2021, infecting millions of people globally, prompting major countries around the world to impose foot prohibitions and work stoppage orders. Except for the medical supplies and life support products businesses, most industries have been severely hit, including the Nonene industry. Under the current circumstances, major industries are unable to function.
Industries that use Nonene extensively, such as sports apparel and automobile, are also closed, resulting in lower demand for the product. Major firms involved in product manufacture are also not operating in the current circumstances, resulting in a decrease in the supply side of the market. The demand for nonene market is projected to increase as the situation returns to normal and the industries resume operations. In addition, market participants who are not now operating are working on product innovations so that when the situation returns to normal, they can capture a larger market share. This is projected to fuel the market's expansion even more.
Top Impacting Factors
The nonene market is being driven by an increase in demand for plasticizers, surfactants, and lubricant additives in end-use sectors such as paints and coatings, detergents, and textiles. The nonene market in emerging nations is being fuelled by the increasing use of nonyl phenol ethylates (NPEs) in the textile sector. The market is also being driven by the low cost of nonene products and the industrial flexibility they provide. The nonene market, on the other hand, is expected to be hampered by the introduction of strict rules on propylene trimers throughout the projected period.
Market Trends
Key Benefits of the Report
Questions Answered in the Nonene Market Report
Nonene Market Report Highlights
Aspects | Details |
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Key Market Players | Braskem, Shell, Chevron Oronite Company LLC, Dow Chemical Company, PJSC Nizhnekamskneftekhim, Exxon Mobil Corporation, TPC Group, Janex S.A. |
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