Press release
2-Ethylhexanoic Acid Market: Competitive Dynamics & Global Outlook 2023
2-Ethylhexoic acid (2-EHA) is a dense, clear, colorless to yellow, high boiling liquid, with a faint specific odor. It is immiscible with water, but miscible with almost all conventional organic solvents. It is mainly used as a chemical intermediate for the manufacture of polyvinylchloride (PVC) stabilizers, plasticizers, coating driers, synthetic lubricants, catalyst and pharmaceuticals. The main application is the metallic salts of 2-ethylhexanoic acid, and they are used as driers for odorless paints, inks, varnishes, and enamels. Cobalt and manganese are the most important driers.
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Global 2-Ethylhexanoic Acid Market: Forecast by Type / Application / Region
Currently, Butyraldehyde method and octanol method are the main manufacture technologies for 2-ethylhexanoic acid. The main technology is butyraldehyde method in Europe, USA and Japan, however, octanol method is the main technology in China. Butyraldehyde is the main material for butyraldehyde method and octanol, sodium hydroxide for octanol method. Most manufacturers produce raw materials by themselves. 2-Ethylhexanoic acid is mainly applied in paint driers, ester type lubricants, plasticizers, PVC stabilizers, catalysts, pharmaceuticals and other industries, of which paint driers industry occupies the largest share.
Over the next five years, LPI(LP Information) projects that 2-Ethylhexanoic Acid will register a 0.6% CAGR in terms of revenue, reach US$ 600 million by 2023, from US$ 580 million in 2017.
Global 2-Ethylhexanoic Acid Market: Key Players
Perstorp
OXEA
KH Neochem
Eastman
BASF
DOW
Elekeiroz
Shenyang Zhangming
Qingan
JXDC
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Related Information:
United States 2-Ethylhexanoic Acid Market Research Report 2018
Europe 2-Ethylhexanoic Acid Market Research Report 2018
North America 2-Ethylhexanoic Acid Market Research Report 2018
Asia-Pacific 2-Ethylhexanoic Acid Market Research Report 2018
China 2-Ethylhexanoic Acid Market Research Report 2018
EMEA 2-Ethylhexanoic Acid Market Research Report 2018
Global 2-Ethylhexanoic Acid Market Research Report 2018
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