The 2-ethylhexanol global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
2-Ethylhexanol Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The 2-ethylhexanol market size has grown strongly in recent years. It will grow from $5.56 billion in 2023 to $5.97 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to plasticizers production, coating and paint industry, plastic production, surfactants and detergents, chemical intermediates.
The 2-ethylhexanol market size is expected to see strong growth in the next few years. It will grow to $7.85 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increasing cleaning product usage, shift towards green chemistry, global economic factors, regulatory changes impact, rise in adhesive demand. Major trends in the forecast period include quality paints and coatings, industrialization in developing markets, adhesives and sealants usage, automotive sector usage, surfactants for detergents.
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Scope Of 2-Ethylhexanol Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
- Drivers: Examination of the key factors propelling market growth.
- Trends: Identification of emerging trends and patterns shaping the market landscape.
- Key Segments: Breakdown of the market into its primary segments and their respective performance.
- Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
- Macro Economic Factors: Assessment of broader economic elements impacting the market.
2-Ethylhexanol Market Overview
Market Drivers –
The growing automotive industry is expected to boost the 2-ethylhexanol market going forward. The automotive sector encompasses industries related to motor vehicle production, distribution, retailing, and maintenance. Due to its flexibility, strength, and durability, 2-ethyl hexanol is utilized in the fabrication of plasticized PVC (polyvinyl chloride) in automobiles, which is expected to increase demand for 2-ethyl hexanol. For instance, in May 2022, according to an article published by CEIC Data, a US-based provider of macro and micro economic data insights, 9.17 million units of motor vehicles were produced in the US in December 2021, according to reports. Therefore, the growing automotive industry is driving the growth of the 2-ethylhexanol market.
Market Trends –
Product innovations are the key trends in gaining popularity in the 2-ethylhexanol market. Major companies operating in the 2-ethylhexanol market are focused on developing innovative applications of 2-ethyl hexanol to strengthen their position in the market. For instance, in June 2022, Perstorp, a Sweden-based chemical industry launched 2-ethyl hexanol primarily based on 25% renewable raw cloth according to a traceable mass balance idea. This innovative product grade is the world’s initial 2-ethyl hexanol part of the way founded on inexhaustible natural substances, building up Perstorp’s situation as a supportable arrangement’s supplier fulfilling the developing need for additional practical choices in different applications.
The 2-ethylhexanol market covered in this report is segmented –
1) By Type: Sapphire, Ruby, Emery
2) By Delivery Form: Bulk Containers, Flexitanks, Drums Or IBC (Intermediate Bulk Containers)
3) By Application: Plasticizers, Non-phthalate, Phthalate, 2-EH nitrate, 2-EH acrylate, Other Applications
4) By End-User: Paint And Coatings, Adhesives, Chemicals, Building And Construction, Other End Users
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Regional Insights –
Asia-Pacific was the largest region in the 2-ethylhexanol market in 2023. The regions covered in the 2-ethylhexanol market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the 2-ethylhexanol market report are The Dow Chemical Company, BASF SE, Eastman Chemical Company, Saudi Basic Industries Corporation, Grupa Azoty S.A., Mitsubishi Chemical Corporation, LG Chem Ltd., Tianjin Bohua Yongli Chemical Industry Co. Ltd., Henan GP Chemicals Co. Ltd., Mosselman S.A., Oltchim S.A., Sigma-Aldrich Co. LLC, SIBUR International GmbH, Elekeiroz S.A., Shazand Petrochemical Company, The Andhra Petrochemicals Ltd., Azotowe KATMdzierzyn, Formosa Plastic Group, Merck KGaA, Meryer (Shanghai) Chemical Technology Co. Ltd., OQ Chemicals, Sinopec, Shandong Jianlan Chemical, China National Offshore Oil Corporation, INEOS Group, Sasol Limited, ExxonMobil Chemical, Evonik Industries AG, Shell plc, Mitsui Chemicals Crop & Life Solutions Inc., PJSC SIBUR Holding
Table of Contents
- Executive Summary
- 2-Ethylhexanol Market Report Structure
- 2-Ethylhexanol Market Trends And Strategies
- 2-Ethylhexanol Market – Macro Economic Scenario
- 2-Ethylhexanol Market Size And Growth
…..
- 2-Ethylhexanol Market Competitor Landscape And Company Profiles
- Key Mergers And Acquisitions
- Future Outlook and Potential Analysis
- Appendix
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