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2-Ethylhexanol Sales Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Global 2-Ethylhexanol Market Size Was Estimated At USD 5.89 Billion In 2021 And Is Expected To Grow At A Compound Annual Growth Rate (CAGR) Of 2.9% From 2022 To 2030.
2-Ethylhexanol Market Overview:
2-Ethylhexanol is a colorless, flammable liquid that is poorly soluble in water but soluble in most organic solvents. It is produced by a three-step process involving aldol self-condensation of n-butyraldehyde followed by dehydration and hydrogenation. N-butyraldehyde itself is produced by catalytic hydroformylation of propylene with synthesis gas. It is an important raw material in the manufacture of various chemicals which further serve different industries including automotive, paint, construction, and various other manufacturing industries. Its main application fields include plasticizer, 2-EH acrylate, 2-EH nitrate, etc. This report focuses on the trends, forecasts and growth opportunities of the global 2-Ethylhexanol market.
2-Ethylhexanol market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global 2-Ethylhexanol market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Major Segments Covered in the Global 2-Ethylhexanol Market:
Market Key Players:
BASF, Dow Chemical, LG Chem, Ineos, KH Chemicals, Biesterfeld AG, SABIC, China National Petroleum Corporation, Arkema, Eastman Chemical, Grupa Azoty, Banner Chemicals, Mitsubishi, Sinopec, Formosa Plastic Group, Elekeiroz S.A, Zak S.A, Fred Holmberg & Co AB, Chengdu XiYa Chemical Technology, Tianjin Zhongxin Chemtech., And Others.
2-Ethylhexanol Market by Types:
- Lower than 99% Purity, 99%-99.5% Purity, Higher than 99.5% Purity
2-Ethylhexanol Market by Applications:
- Oil & Gas, Coating, Reagent, Chemical Addhesive, Other
2-Ethylhexanol Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 2030.
Asia Pacific is the leading regional market in 2021 with a revenue share of 57.5%. The market size in this region is estimated to be worth USD 4.61 billion by 2030. The region is also expected to be the fastest growing market owing to increasing demand for 2-ethylhexanol across various industries.
China is expected to be a major revenue generator in Asia Pacific owing to strong industrial growth in the country. Rising disposable income, rising employment opportunities, and a strengthening economy are supporting growth in end-use industries such as paints & coatings, plastics, and construction. Additionally, increasing infrastructure investments in India, coupled with the government's Make in India initiative, are likely to benefit the plasticizers and 2-EH acrylate segments.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Significant Market Dynamics:
Growth Factors:
- End-use industries such as paints and coatings, adhesives and sealants, and printing inks are seeing increasing demand.
- Production of 2-ethylhexanol increased in China and other Asian countries.
- 2-Ethylhexanol is increasingly used as a biofuel additive.
- Technological advances have led to the development of new applications for 2-ethylhexanol.
- Expansion of the global petrochemical industry.
Report Scope of Global 2-Ethylhexanol Market:
Report Attributes |
Details |
Growth Rate |
CAGR of 2.9% from 2022 to 2030. |
By Type |
Lower than 99% Purity, 99%-99.5% Purity, Higher than 99.5% Purity |
By Application |
Oil & Gas, Coating, Reagent, Chemical Addhesive, Other |
By Companies |
BASF, Dow Chemical, LG Chem, Ineos, KH Chemicals, Biesterfeld AG, SABIC, China National Petroleum Corporation, Arkema, Eastman Chemical, Grupa Azoty, Banner Chemicals, Mitsubishi, Sinopec, Formosa Plastic Group, Elekeiroz S.A, Zak S.A, Fred Holmberg & Co AB, Chengdu XiYa Chemical Technology, Tianjin Zhongxin Chemtech. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Points Covered in the Report
- The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
- The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
- The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Frequently Asked Questions-
What is the CAGR of 2-Ethylhexanol market?
The 2-Ethylhexanol Market is growing at a CAGR of 2.9% During Forecast Period.
What are the key types and applications of 2-Ethylhexanol market?
- Lower than 99% Purity, 99%-99.5% Purity, Higher than 99.5% Purity
- Oil & Gas, Coating, Reagent, Chemical Addhesive, Other
Who are the key players in 2-Ethylhexanol market?
BASF, Dow Chemical, LG Chem, Ineos, KH Chemicals, Biesterfeld AG, SABIC, China National Petroleum Corporation, Arkema, Eastman Chemical, Grupa Azoty, Banner Chemicals, Mitsubishi, Sinopec, Formosa Plastic Group, Elekeiroz S.A, Zak S.A, Fred Holmberg & Co AB, Chengdu XiYa Chemical Technology, Tianjin Zhongxin Chemtech., And others.
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.