Global 2-Ethylhexanol (2-EH) Market by Application (2-EH Nitrate, 2-EH Acrylate, Plasticizers) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2016, the global 2-ethylhexanol (2 EH) market was valued at USD 4.95 Billion. Market growth is being driven by a combination of rising demand for 2-EH Acrylate and booming demand from the rapidly-growing construction and automotive industries in Asia Pacific.

The 2-EH chemical is used in many applications, including plasticizers, acrylate and nitrate. These chemicals are also used in a variety of industries, including plastics and rubber, construction, automotives, pharmaceuticals, personal care, and pharmaceuticals. A few of the major market players have invested in R&D to increase the product's market reach and application scope, and maintain their competitive position.

Majorly, the market is driven by high demand for 2-EHacrylate in the paints and coatings construction industries. In addition, the demand for apartments and houses is expected to rise significantly due to the increase in disposable incomes in the U.S., India, and China. The ban on plasticizers in North America and Europe is limiting the demand.

The regulatory framework for 2-ethylhexanol has been governed by several regulatory bodies, including the International Agency for Research on Cancer (IARC), Occupational Safety and Health Administrations (OSHA) and National Toxicology Programs (NTP), to name a few. This framework outlines the chemical and physical hazards of the raw materials used to make 2-ethylhexanol, as well as the general requirements for storage and usage of these raw materials. Propylene and syngas are allowed to be transported, used, and stored as long as safety regulations are strictly followed.

2-ethylhexanol is used mainly in the paints and coatings, adhesives, construction, and other industries. These industries are expected to experience robust growth, especially in emerging economies. This is due to increased foreign investment and aggressive policies to support domestic demand.

Asia Pacific will be the largest market for 2-ethylhexanol in the forecast period. The market is being boosted by a growing middle-class, rapid industrialization and thriving manufacturing sector. Manufacturers of plasticizers (phthalate or non-phthalate) dominate the demand for 2-ethylhexanol. This trend is not observed in regions such as Europe and North America.

Application Insights

The product's key applications include plasticizers, 2-EHacrylate and 2-EH Nitrate. North America's plasticizers market accounted for over half of all revenue in 2016. The plasticizers are used in rubber products, paints, rubber products adhesives sealants and printing inks. Plasticizers are prohibited from being used in any of these applications as they are considered a dangerous product. Plasticizer demand will rise, particularly in Asia Pacific. This will in turn help the 2-EH market.

The forecast period for 2-EH acrylate will see significant growth. 2-Ethylhexylacrylate is used in the chemical industry to make polymers and copolymers. These are then mainly processed further to create aqueous polymer dipersions.

These polymers and dispersions can be used in many applications, such as adhesives and binders to paints. The 2-EH acrylate can also be used in coatings, plastics and textiles. Additionally, 2-ethylhexylacrylate can be used as a monomer for chemicals used in construction, such as floor coatings or road marking substances.

Regional Insights

Asia Pacific was the largest regional market in 2016. It is expected to keep its position until 2025. Due to the increasing demand from different industries for 2-ethylhexanol, it is expected to grow rapidly.

APAC's key revenue source is expected to be China due to its strong industrial growth. The growth of end-use industries like paints & coatings and plastics is supported by rising disposable income, increased employment opportunities, and a strengthening economy. The plasticizers and 2-EH acrylicate sectors will also benefit from increased infrastructure investments in India thanks to the government's Make in India initiative.

Europe is expected to experience steady growth during the forecast period. Coating companies have been driven by regulatory requirements and customer preferences to create multi-functional, sustainable solutions and value-added services for their customers in Europe. Over the forecast period, this trend is expected to positively impact Europe's market. The region's growth in protective and automotive coating industries is expected to increase demand for the product.

Market Share Insights & Key Companies

Global market players include many well-known players, as well as a few small and medium-sized regional players. The majority of market participants are in fierce competition with each other because they are all top-tier chemical companies that have large distribution networks and a broad consumer base. The market's key players are mainly focused on the paints & coats, marine, transport, and building & construction sectors.

The Dow Chemical Co., BASF SE, Eastman Chemical Company, Sigma-Aldrich, Sigma-Aldrich, Sigma-Aldrich, Sigma-Aldrich, SABIC Industries, Grupa Azoty Azotowe Kan Spo?ka Akcyjna, Mitsubishi Chemical Corporation, LG Chem, Ltd. are some of the major players in the market.

2-Ethylhexanol (2-EH) Market Report Scope

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country levels. It also analyzes the industry trends for each sub-segment from 2014 to 2025. Grand View Research has divided the global 2-ethylhexanol (2 EH) market report by application and region.

• Application Outlook (Volume of Kilotons; Revenues, USD Million, 2014-2025)

  • Plasticizers

  • 2-EH Acrylate

  • 2-EH Nitrate

  • Other

• Regional Outlook (Volume of Kilotons; Revenues, USD Millions, 2014-2025)

  • North America

    • The U.S

  • Europe

    • The U.K.

    • Germany

  • Asia Pacific

    • China

    • India

    • Japan

  • Central & South America

    • Brazil

  • Middle East & Africa

    • Saudi Arabia

These are the most frequently asked questions about this report

b. Global 2-ethylhexanol markets were valued at USD 5.91 billion in 2019, and are expected to grow to USD 6.28 billion by 2020.

b. Global 2-ethylhexanol markets are expected to expand at 6.3% compound annual growth rate from 2017 to 2025, to reach USD 8.57 Billion by 2025.

b. Asia Pacific was the dominant market for 2-ethylhexanol in 2019, with 56.4%. This can be attributed to a growing middle-class, rapid industrialization and thriving manufacturing sector.

b. Some of the key players in 2-ethylhexanol's market are The Dow Chemical Co., BASF SE, Eastman Chemical Company, Sigma-Aldrich, Sigma-Aldrich, SABIC Industries, Grupa Azoty Azotowe Kan Spo?ka Akcyjna, Mitsubishi Chemical Corporation, LG Chem, Ltd.

b. Market growth is being driven by rising demand for 2-EH Acrylate and surging demand from the rapidly-growing construction and automotive industries.

Up Market Research published a new report titled “2-Ethylhexanol (2-EH) Market research report which is segmented by Application (2-EH Nitrate, 2-EH Acrylate, Plasticizers), By Players/Companies The Dow Chemical Co, BASF SE, Mitsubishi Chemical Corporation, Grupa Azoty Zak?ady Azotowe K?dzierzyn Sp³?ka Akcyjna, SABIC Industries, LG Chem, Sigma-Aldrich, Eastman Chemical Company, Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global 2-Ethylhexanol (2-EH) Market Report Segments:

The market is segmented by Application (2-EH Nitrate, 2-EH Acrylate, Plasticizers).

2-Ethylhexanol (2-EH) Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the 2-Ethylhexanol (2-EH) Market

Overview of the regional outlook of the 2-Ethylhexanol (2-EH) Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The 2-Ethylhexanol (2-EH) Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of 2-Ethylhexanol (2-EH) Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. 2-EH Nitrate

                2. 2-EH Acrylate

                3. Plasticizers

7. Market scenario by region, sub-region, and country.
8. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
9. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
10. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the 2-Ethylhexanol (2-EH) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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Reasons to Purchase the 2-Ethylhexanol (2-EH) Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.