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Global 2-Ethylhexanol Market Size, Share, Trends, Forecast: By Application: 2-EH Acrylate, 2-EH Nitrate, Plasticisers, Others; By End Use: Paint and Coatings, Adhesives, Industrial Chemicals, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2023-2028
Global 2-Ethylhexanol Market Outlook
The global 2-ethylhexanol market size reached approximately USD 5.75 billion in 2022. The market is further projected to grow at a CAGR of 5.20% between 2023 and 2028, reaching a value of USD 7.79 billion by 2028.
Key Trends in the Market
2-ethylhexanol (2-EH) is an organic compound that is soluble in most organic solvents, the colourless eight carbon chiral alcohol is used as a precursor for production of chemicals such as plasticisers and emollients, among others. The chemical formula for 2-ethyhexanol is C8H18O.
- The major players of the market are heavily investing in the research and development activities in order to improve product specification, develop simpler methods to process 2-ethylhexanol, and to improve their application scope, bolstering the 2-ethylhexanol market demand.
- The rising applications of 2-ethylhexanol in the development of chemicals such as plasticisers, that find applications in various sectors including construction, pharmaceuticals, rubber, automotive, and personal care is supporting the market expansion.
- The rising population, growing urbanisation, and increasing disposable incomes of consumers in countries such as India and China have augmented the demand for new houses and the requirement for renovating old buildings, offering lucrative growth opportunities to the market.
- The utilisation of 2-ethyhexane in the production of acrylic polymers that have high sunlight and weathering resistance and water resistance is further supporting the market expansion in various regions across the globe.
Global 2-Ethylhexanol Market Analysis
Based on application, the market is divided into 2-EH acrylate, 2-EH nitrate, and plasticisers, among others. By end use, the market is classified into paint and coatings, adhesives, and industrial chemicals, among others. On the basis of region, the 2-ethylhexanol market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter’s five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- 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
Market Share by Application
Plasticisers accounted for a significant 2-ethylhexanol market share over the historical period and are expected to do so over the forecast period as well owing to their rising applications in paints, adhesives and sealants, rubber products, and printing inks. They act as an additive and are used for increasing the flexibility and durability of the plastic materials. DOP and DOA plasticisers, prepared using 2-ethylhexanol are widely used in various sectors including construction, packaging, automotive, and textiles. The expansion of these sectors is also boosting the demand for 2-ethylhexanol across the globe.
Market Share by Region
The Asia Pacific is anticipated to account for a significant share of the market owing to the rapid industrial and economic growth in countries such as India and China. Rising disposable incomes and increasing renovation activities have propelled the requirement for paints and coatings and adhesives, supporting the market expansion. The expansion of the food and beverages, consumer goods, and cosmetics sectors have increased the demand for adhesives for packaging applications, aiding the 2-ethylhexanol market growth in the Asia Pacific.
Competitive Landscape
BASF SE was founded in 1865 and is headquartered in Rhineland-Palatinate, Germany. The portfolio of the chemical manufacturing company comprises of various segments including industrial solutions, nutrition and care, chemical materials, agricultural solutions, and surface technologies, among others.
The Dow Chemical Company is a chemical manufacturing company that was founded in 1897 and is headquartered in Michigan, United States. The company produces and supplies raw materials for products in various industries including electronics, oil and gas, agricultural and automotive, among others.
Eastman Chemical Company was established in 1920 and has their headquarters located in Tennessee, United States. The speciality chemical manufacturing company produces a wide range of products found in items essential for everyday use.
Other 2-ethylhexanol market key players include Mitsubishi Chemical Corporation, Saudi Basic Industries Corporation, INEOS Capital Limited, Nan Ya Plastics Corporation, Grupa Azoty Kedzierzyn, and The Andhra Petrochemicals Limited, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Application |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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 (2018-2022)
8.3 Global 2-Ethylhexanol Market Forecast (2023-2028)
8.4 Global 2-Ethylhexanol Market by Application
8.4.1 2-EH Acrylate
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 2-EH Nitrate
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.4.3 Plasticisers
8.4.3.1 Historical Trend (2018-2022)
8.4.3.2 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 Adhesives
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Industrial Chemicals
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Others
8.6 Global 2-Ethylhexanol Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2022)
8.6.4.2 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2022)
8.6.5.2 Forecast Trend (2023-2028)
9 North America 2-Ethylhexanol Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe 2-Ethylhexanol Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific 2-Ethylhexanol Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America 2-Ethylhexanol Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa 2-Ethylhexanol Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
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 2028
2. Global 2-Ethylhexanol Historical Market: Breakup by Application (USD Billion), 2018-2022
3. Global 2-Ethylhexanol Market Forecast: Breakup by Application (USD Billion), 2023-2028
4. Global 2-Ethylhexanol Historical Market: Breakup by End Use (USD Billion), 2018-2022
5. Global 2-Ethylhexanol Market Forecast: Breakup by End Use (USD Billion), 2023-2028
6. Global 2-Ethylhexanol Historical Market: Breakup by Region (USD Billion), 2018-2022
7. Global 2-Ethylhexanol Market Forecast: Breakup by Region (USD Billion), 2023-2028
8. North America 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2022
9. North America 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2023-2028
10. Europe 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2022
11. Europe 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2023-2028
12. Asia Pacific 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2022
13. Asia Pacific 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2023-2028
14. Latin America 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2022
15. Latin America 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2023-2028
16. Middle East and Africa 2-Ethylhexanol Historical Market: Breakup by Country (USD Billion), 2018-2022
17. Middle East and Africa 2-Ethylhexanol Market Forecast: Breakup by Country (USD Billion), 2023-2028
18. Global 2-Ethylhexanol Market Structure
Key Questions Answered in the Report
The market reached a value of approximately USD 5.75 billion in 2022.
The market is projected to grow at a CAGR of 5.20% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 7.79 billion by 2028.
The major market drivers include rising renovation activities and growth of packaging industries.
The key trends fuelling the growth of the market include heavy investments by various market players towards research and development activities and rising requirement for adhesives across various sectors.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The applications of 2-ethylhexanol include 2-EH acrylate, 2-EH nitrate, and plasticisers, among others.
The key players in the market are 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, and The Andhra Petrochemicals Limited, among others.
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