Octanol Price Trend Analysis 2026: Price Drivers, Historical Prices, Supply Demand Analysis, Market Insights & Latest News

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Asia

In Asia, Octanol prices in 2024 showed a mixed pattern. During the first half of the year, prices gradually recovered as industrial activity picked up after the holiday season. Growing demand from manufacturing sectors supported the market, although some supply challenges kept price increases moderate. In the second half, prices moved in a fluctuating manner.

Initially, stability was observed, but weaker demand for certain downstream products led to softer market sentiment. Periodic plant shutdowns in the region prevented a sharp decline, while domestic consumption in countries like India provided some support toward the end of the year. Overall, the Asian market saw a stable to slightly soft trend throughout 2024.

Europe

European Octanol prices experienced a bit more pressure during 2024. In the first half, fluctuations were frequent due to varied industrial activity and occasional supply interruptions. Despite attempts to stabilize the market, high inventories and cautious buying kept prices under check. In the second half, the situation remained subdued as slow demand and weak confidence among buyers continued to weigh on the market. Even when input costs increased temporarily, buyers were reluctant to accept higher prices, maintaining a generally soft trend. Some support came from specialty sectors, but it was not enough to reverse the overall decline.

North America

North American Octanol prices showed contrasting movements during the year. Early in the year, prices were under pressure due to ample supply and moderate demand from downstream industries. Maintenance shutdowns and occasional operational issues in the second half caused temporary supply tightening, which helped prices recover slightly.

Export demand also played a role in balancing the market, particularly during periods of regional oversupply. Overall, the market experienced a soft start followed by a modest rebound, with demand remaining steady rather than strong.

About Octanol

Octanol is a clear, colourless liquid with an aromatic odour that is insoluble in water. Its vapors are heavier than the air and can irritate the eyes, nose, and respiratory tract.

Octanol Product Detail

Chemical Formula

C8H18O

CAS Number
111-87-5
Molecular Weight
130.23 g/mol
Industrial Uses

Surfactant, industrial solvent, biodiesel additive, flavoring agent, fragrance component, scented candles, perfumery, cosmetics, food flavors, emulsifiers, shampoos

Synonyms

capryl alcohol, n-octan-1-ol, 1-hydroxyoctane

Supplier Database

Shanghai Everest International Logistics Co., Ltd., Oq Chemicals GmbH, Oxea GmbH, Sasol Germany GmbH

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Octanol Production Processes

Octanal can be obtained by the reaction of butadiene, water and bicarbonate salt of a monodentate tertiary amine to form 2,7octadiene-1-ol, which is distilled and hydrogenated to give octanal.

Frequently Asked Questions

The octanol current outlook faces downward pressure across Asia, Europe, and North America, driven by soft demand from plastics, packaging, construction, and consumer goods, plus oversupply and ample inventories in Europe. Limited bulk buying and cautious procurement reinforce this trend. Recovery requires either a significant pickup in downstream industrial demand or supply tightening through extended production cuts or maintenance.
Octanol prices trend lower across key regions, driven primarily by weak industrial demand from plastics, packaging, textiles, construction, and consumer goods sectors, which suppresses buying activity and keeps transactions short-term. Elevated inventory levels reinforce cautious purchasing behaviour, limiting any recovery momentum. Occasional production cuts and plant maintenance provide only brief, marginal support. In North America, weather disruptions cause temporary supply tightening, but rapid production restoration quickly replenishes inventories, neutralising the effect. Fluctuations in input costs produce minor, short-lived price movements without lasting impact.
Octanol production is concentrated among a handful of manufacturers, including Sasol, BASF, OQ Chemicals, and Malaysia's KLK OLEO. Feedstock caprylic acid is derived from coconut and palm kernel oil, tying supply security to Southeast Asian and tropical agriculture. Major consuming regions span Asia Pacific, Europe, and North America, while feedstock origins are concentrated in Malaysia, Indonesia, and the broader tropical belt, creating a structural dependency.
Octanol is produced from caprylic acid, which is derived from coconut oil and palm kernel oil. The production chain begins with extraction of caprylic acid from these botanical oils, followed by esterification of the acid, and then high-pressure catalytic hydrogenation of the resulting esters to yield octanol. The finished product is used in perfumes, plasticizers, biodiesel additives, and protective coatings.
Octanol demand is driven primarily by the protective coatings industry, where it acts as a key industrial solvent for waxes, oils, and coating formulations. The biofuel sector also supports demand through its use as a biodiesel additive that enhances fuel performance. Additionally, the plastics and polymers industry relies on octanol as a precursor for plasticizers such as dioctyl phthalate, while the fragrance and food & beverage industries leverage its citrus-like odor for perfumes and flavor applications.
Procurement Resource assesses octanol prices through a structured, data-driven methodology that combines primary engagement with producers, suppliers and traders, secondary market data, and continuous monitoring of feedstock and input costs. Trade-flow and inventory tracking, alongside exchange and spot benchmarks, are validated and translated into a transparent price assessment and outlook. The detailed methodology is available on the Procurement Resource website.

Our Price Analysis Methodology

About the Author

Prakhar Panchbhaiya profile photo

Prakhar Panchbhaiya

Assistant Manager: Business Insights and Content

Supporting procurement teams with category intelligence, market research, price trends, supply-demand analysis, and strategic sourcing insights across key industries.

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