Please Wait.....
Report
2-Ethylhexanol Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
Market Report I 2023-01-23 I 100 Pages I Mordor Intelligence
The market for 2-ethylhexanol is expected to register a CAGR of less than 5% during the forecast period. Due to the COVID-19 pandemic, the market was negatively impacted. The lockdown in various countries led to supply-chain constraints that significantly obstructed the expansion of the industry. However, the market recovered, and it is expected to grow at a significant rate during the forecast period.
Key Highlights
Over the short term, major factors driving the market studied are the rising demand for plasticizers from stringent regulations on industrial emissions.
On the other hand, the highly toxic nature of the compound and the decrease in the trends of dioctyl phthalate are likely to restrain the market growth.
Furthermore, the untapped market of 2-ethylhexanol as a fuel and lube additive is likely to act as an opportunity for the market.
The Asia-Pacific dominated the global market with the largest consumption in countries such as China, India, and Japan.
2-Ethylhexanol Market Trends
Increasing Demand of Plasticizers
The largest application segment for the 2-ethylhexanol market is the plasticizer. The plasticizer is further sub-segmented under phthalate and non-phthalate plasticizers.
Phthalates, based on phthalic acid, are the main types of plasticizers used to cater to a broad range of processing and performance requirements of many markets. The phthalates segment has accounted for over 50% of the global consumption of plasticizers.
Non-phthalates are plasticizers that are free of phthalates. Non-phthalates include DOTP diethyl hexyl terephthalate (DEHT), diisononyl cyclohexane dicarboxylate (Hexamoll DINCH), and bio-based plasticizers, such as a line of soy-based plasticizers.
Plasticizers are mostly used in industrial applications, such as construction/remodeling, automotive production, and original equipment manufacture (OEM).
According to the latest release of European Plasticisers, globally, around 8.4 million tonnes of plasticizers are used for durable, flexible PVC and non-PVC applications.
PVC applications account for more than 85% of the total application of plasticizers, which include applications for the construction, automotive, wire, and cable sectors.
The major application of 2-ethylhexanol for plasticizers used for major industries such as construction, automotive, and others is likely to favor the growth of the market over the forecast period.
Asia-Pacific to Drive the Market Growth
The Asia-Pacific held the largest share in the 2-ethylhexanol market. China alone accounts for more than 50% of the regional 2-ethylhexanol market share in the region.
The demand for 2-ethylhexanol in the region is majorly driven by the growing demand for plasticizers in emerging economies such as China, India, Vietnam, and Indonesia.
2-ethylhexanol is mainly used as a plasticizer and for producing 2-EH Acrylate and 2-EH Nitrate, which have significant applications in the automotive and construction industries.
The Asia-Pacific region's automotive production stood at 46,732,785 in 2021, which is 6% more than in 2020.
The Asia-Pacific is home to more than 60% of the world's population and significantly contributes to global construction.
China is in a construction mega-boom. The country has the largest building market in the world, making up 20% of all construction investments globally. The country is expected to spend nearly USD 13 trillion on buildings by 2030.
The significant uses of 2-ethylhexanol in industries such as automotive and construction in the region is instrumental in expanding the global 2-ethylhexanol market. It is expected to favor the growth of the market in the region over the forecast period.
2-Ethylhexanol Market Competitor Analysis
The 2-ethylhexanol market is consolidated. The major companies in the market include (not in any particular order) BASF SE, Dow, Eastman Chemical Company, SABIC, and INEOS, among others.
Additional Benefits:
The market estimate (ME) sheet in Excel format
3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Rising Demand for Plasticizers
4.1.2 Stringent Regulations on Industrial Emissions
4.2 Restraints
4.2.1 Highly Toxic Nature
4.2.2 Decrease in the Trends of Dioctyl Phthalate
4.3 Industry Value Chain Analysis
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
5 MARKET SEGMENTATION (Market size in Value)
5.1 By Application
5.1.1 Plasticizers
5.1.1.1 Phthalate
5.1.1.2 Non-phthalate
5.1.2 2-EH Acrylate
5.1.3 2-EH Nitrate
5.1.4 Other Applications
5.2 By Geography
5.2.1 Asia-Pacific
5.2.1.1 China
5.2.1.2 India
5.2.1.3 Japan
5.2.1.4 South Korea
5.2.1.5 Rest of Asia-Pacific
5.2.2 North America
5.2.2.1 United States
5.2.2.2 Canada
5.2.2.3 Mexico
5.2.3 Europe
5.2.3.1 Germany
5.2.3.2 United Kingdom
5.2.3.3 Italy
5.2.3.4 France
5.2.3.5 Rest of Europe
5.2.4 South America
5.2.4.1 Brazil
5.2.4.2 Argentina
5.2.4.3 Rest of South America
5.2.5 Middle East
5.2.5.1 Saudi Arabia
5.2.5.2 South Africa
5.2.5.3 Rest of Middle East
6 COMPETITIVE LANDSCAPE
6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 BASF SE
6.4.2 China Petrochemical Corporation (Sinopec)
6.4.3 Dow
6.4.4 Eastman Chemical Company
6.4.5 Elekeiroz
6.4.6 Exxon Mobil Corporation
6.4.7 Formosa Plastic Group
6.4.8 Grupa Azoty
6.4.9 INEOS
6.4.10 LG Chem
6.4.11 Libra Speciality Chemicals Limited
6.4.12 Meryer (Shanghai) Chemical Technology Co. Ltd
6.4.13 Mitsubishi Chemical Corporation
6.4.14 OXEA GmbH
6.4.15 Perstorp
6.4.16 SABIC
6.4.17 The Andhra Petrochemicals Limited
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Untapped Market of 2-EH as a Fuel and Lube Additive
7.2 Other Opportunities
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security