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Report
Global 2-Ethylhexanol Market Report and Forecast 2024-2032
Market Report I 2024-06-20 I 186 Pages I EMR Inc.
Global 2-Ethylhexanol Market Report and Forecast 2024-2032
Market outlook
According to the report by Expert Market Research (EMR), the 2-ethylhexanol market size reached a value of USD 6.04 billion in 2023. Aided by the increasing demand for plasticizers and the growing applications of 2-ethylhexanol in various sectors, the market is projected to further grow at a CAGR of 5.2% between 2024 and 2032 to reach a value of USD 9.54 billion by 2032.
2-Ethylhexanol (2-EH) is a branched, eight-carbon alcohol commonly used as a feedstock in the manufacture of plasticisers, which are crucial components in the production of flexible PVC products. It also finds applications in the production of coatings, adhesives, and specialty chemicals. The high solubility, low volatility, and excellent chemical properties of 2-ethylhexanol make it a valuable ingredient in various industrial applications.
The increasing demand for plasticisers is driving the 2-ethylhexanol market growth. With the rising use of flexible PVC in construction, automotive, and consumer goods sectors, there has been a significant surge in the demand for plasticisers, thereby boosting the consumption of 2-ethylhexanol. Additionally, the growing trend of sustainable and green construction is further propelling the demand for flexible PVC products, supporting the market expansion.
The expanding applications of 2-ethylhexanol in various sectors also play a significant role in propelling the market. In the coatings sector, 2-ethylhexanol is used as a solvent in the production of paints, varnishes, and sealants. The growing demand for high-performance coatings in automotive and construction sectors is driving the adoption of 2-ethylhexanol. In the adhesives sector, 2-ethylhexanol is used as a key ingredient in the formulation of pressure-sensitive adhesives and hot-melt adhesives. The rising demand for adhesives in packaging, woodworking, and electronics industries is boosting the market growth.
Moreover, advancements in production technology are driving innovation and development in the market. The introduction of new catalytic processes and sustainable production methods has enhanced the efficiency and environmental performance of 2-ethylhexanol production. These advancements enable the development of high-quality 2-ethylhexanol with improved purity and consistency, consequently driving up the 2-ethylhexanol market share.
The growing focus on environmental sustainability is also contributing to the market growth. With the increasing awareness of environmental issues and the need to reduce carbon emissions, there is a significant shift towards sustainable and green chemicals. 2-ethylhexanol, produced from renewable feedstocks and sustainable processes, is gaining traction as an eco-friendly alternative to conventional chemicals. The rising demand for sustainable chemicals in various sectors is driving the market growth.
The regulatory environment plays a crucial role in shaping the market. Governments and regulatory bodies across the world are actively supporting the development and distribution of high-quality and safe chemicals. Various regulations and standards, such as the European Union's REACH (Registration, Evaluation, Authorisation, and Restriction of Chemicals) and the United States Environmental Protection Agency (EPA) guidelines, are promoting the use of safe and compliant chemicals in industrial applications. These regulatory efforts are providing a favourable environment for the growth of the 2-ethylhexanol market.
As per the 2-ethylhexanol market analysis, the plasticisers segment holds a significant share of the market, driven by its widespread use in the production of flexible PVC products. Plasticisers are essential additives that enhance the flexibility, durability, and workability of PVC materials, making them suitable for a wide range of applications in construction, automotive, and consumer goods sectors.
Market Segmentation
The market can be divided based on application, end use, and region
Market Breakup by Application
- 2-EH Acrylate
- 2-EH Nitrate
- Plasticisers
- Others
Market Breakup by End Use
- Paint and Coatings
- Adhesives
- Industrial Chemicals
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in global 2-ethylhexanolmarket. some of the major players explored in the report by expert market research are as follows:
- BASF SE
- The Dow Chemical Company
- Eastman Chemical Company
- Mitsubishi Chemical Corporation
- Saudi Basic Industries Corporation
- INEOS Capital Limited
- Nan Ya Plastics Corporation
- Grupa Azoty Kedzierzyn
- The Andhra Petrochemicals Limited
- Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global 2-Ethylhexanol Market Analysis
8.1 Key Industry Highlights
8.2 Global 2-Ethylhexanol Historical Market (2018-2023)
8.3 Global 2-Ethylhexanol Market Forecast (2024-2032)
8.4 Global 2-Ethylhexanol Market by Application
8.4.1 2-EH Acrylate
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 2-EH Nitrate
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Plasticisers
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Others
8.5 Global 2-Ethylhexanol Market by End Use
8.5.1 Paint and Coatings
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Adhesives
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Industrial Chemicals
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global 2-Ethylhexanol Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America 2-Ethylhexanol Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe 2-Ethylhexanol Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific 2-Ethylhexanol Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America 2-Ethylhexanol Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa 2-Ethylhexanol Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 BASF SE
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 The Dow Chemical Company
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Eastman Chemical Company
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Mitsubishi Chemical Corporation
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Saudi Basic Industries Corporation
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 INEOS Capital Limited
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Nan Ya Plastics Corporation
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Grupa Azoty Kedzierzyn
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 The Andhra Petrochemicals Limited
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 Other
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global 2-Ethylhexanol Market: Key Industry Highlights, 2018 and 2032
2. Global 2-Ethylhexanol Historical Market: Breakup by Application (USD Billion), 2018-2023
3. Global 2-Ethylhexanol Market Forecast: Breakup by Application (USD Billion), 2024-2032
4. Global 2-Ethylhexanol Historical Market: Breakup by End Use (USD Billion), 2018-2023
5. Global 2-Ethylhexanol Market Forecast: Breakup by End Use (USD Billion), 2024-2032
6. Global 2-Ethylhexanol Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global 2-Ethylhexanol Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global 2-Ethylhexanol Market Structure
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