Oxo-octyl Acetate Market Product Scope, Emerging
Players and Market Drivers Forecast To 2022
The factors that propel the growth of the Oxo-octyl Acetate Market include
increasing demand, rapid urbanization & industrialization, and product
development & technological innovations.
Global Oxo-octyl Acetate Market is expected to grow at a significant CAGR in the upcoming years as
the scope and its applications are increasing across the globe. A chemical compound manufactured
by reacting ethylene oxide and phenol at high pressure and temperature is known as Oxo-octyl
Acetate.
It is a clear, colorless, and oily liquid used in products like skin creams, sunscreen, etc. In addition, it
is also used as a solvent in pesticides. It is used as a preservative and is required to enrich the shelf
life of personal care products and cosmetics. Moreover, it enhances fluidity, intensity, and luster
and therefore is used in paints and coatings. It is also used as solvent for dyes, inks, resins, and
pharmaceuticals.
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