openPR Logo
Press release

2 Ethylhexanoic Acid Market Future Developments, Business Insights, End Users, Application And Forec

09-24-2021 06:16 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR

2-Ethylhexanoic Acid Market – Snapshot
2-Ethylhexanoic acid, a member of the medium-chain fatty acids family, occurs as a light-yellow-colored liquid with mild odor. It is commonly used in the preparation of metal derivatives that are soluble in non-polar organic solvents. Metal derivatives thus produced are used as catalysts in polymerization reactions. 2-Ethylhexanoic acid is generally used in esters for polyvinylbutyral film plasticizers and synthetic lubricants, in metal salts for paint dryers, in automotive coolants, PVC stabilizers, and cosmetics. The butyraldehyde method and the octanol method are two common processes by which 2-ethylhexanoic acid is produced. 2-ethylhexanoic acid is a carboxylic acid and it reacts with almost all bases with the release of a substantial amount of heat. 2-Ethylhexanoic acid can be oxidized by strong oxidizing agents and reduced by strong reducing agents. It initiates polymerization reactions and catalyzes chemical reactions.

Request A Sample- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=37172

Based on method of production, the global 2-ethylhexanoic acid can be categorized into butyraldehyde and octanol. Butyraldehyde is a highly preferred and the most common method of production, wherein propylene is the major raw material used. 2-Ethylhexanoic acid is produced industrially from propylene, which then undergoes hydroformulation to obtain butyraldehyde. In terms of application, the global 2-ethylhexanoic acid market can be divided into PVB plasticizers, synthetic lubricants, paint dryers, PVC stabilizers, drugs, emollients, and others. 2-Ethylhexanoic acid is compatible with polyvinylbutyral and it exhibits good chemical resistance. Metallic salts of 2-ethylhexanoic acid are used as dryers in the production of odorless paints, inks, varnishes, and enamels. Metallic salts of 2-ethylhexanoic acid based on cobalt and manganese are commonly used as paint dryers. Based on end-user, the global 2-ethylhexanoic acid market has been classified into chemical, paints & coatings, personal care & cosmetics, pharmaceutical, and others.
Increased demand for use of 2-ethylhexanoic acid as PVB plasticizers is likely to boost the demand for 2-ethylhexanoic acid in the near future. 2-Ethylhexanoic acid is primarily used as a PVB plasticizer, which, in turn, is used in the manufacture of glass. Use of 2-ethylhexanoic acid as a PVB plasticizer explores its property of enhancing the solubility. When used as a PVB plasticizer, 2-ethylhexanoic acid provides high transparency, impact resistance, high tensile strength, and elasticity. Rising usage of PVB films and sheets in building & construction and infrastructure sectors is expected to increase the demand for 2-ethylhexanoic acid in the near future. Increase in the demand for 2-ethylhexanoic acid for use as a PVC stabilizer is another major factor driving the global 2-ethylhexanoic acid market. At high temperatures, chlorine and hydrogen from PVC start getting eliminated and the release of hydrogen chloride becomes evident. 2-Ethylhexanoic acid prevents emission of chlorine and hydrogen from PVC. Demand for PVC for use in applications such as pipes and fittings, window profiles, wires and cables, coatings, and flooring is on the rise.
2-Ethylhexanoic acid is likely to witness increase in the demand from corrosion inhibition and cosmetics & personal care applications. Due to presence of various ions as well as high temperatures and pressures, automotive engine components are exposed to corrosion. 2-Ethylhexanoic acid acts as a corrosion inhibitor and prevents failure of engine components. 2-Ethylhexanoic acid is used as emollient in personal care products and cosmetics. It functions as a skin- and hair-conditioning agent in personal care products. 2-Ethylhexanoic acid is used as a lubricant on the skin’s surface in order to obtain soft and smooth appearance and gloss. Increase in population and rise in awareness about personal hygiene are likely to act as growth opportunities for the 2-ethylhexanoic acid market in the next few years. Advancements in the industrial sector are likely to boost the demand for 2-ethylhexanoic acid across the world in the near future. Asia Pacific is a major region of the global 2-ethylhexanoic acid market, owing to presence of key manufacturers in countries such as Japan and China. Production of 2-ethylhexanoic acid is highly concentrated in countries such as Japan, Germany, and Sweden.
Stringent regulations on the emission of volatile organic compounds have enhanced the consumption of water-based coatings. Water-based coatings do not require dryers, which eliminates the need for dryers such as 2-ethylhexanoic acid. Thus, emergence of water-based coatings is likely to restrain the 2-ethylhexanoic acid market from 2018 to 2026.
The 2-ethylhexanoic acid market is dominated by a few multinational players. This leads to intense competition in the market. Manufacturers such as The Perstorp Group, BASF SE, The Eastman Chemical Company, Elekeiroz, OXEA Chemicals, and KH Neochem Co., Ltd are some of the leading players operating in the market. Capacity expansion and acquisitions are a few strategies adopted by these companies to retain their market position. Large players are highly integrated, which helps them decrease production costs and gain a competitive edge in the market. Key players are focused on the innovation of new technologies in order to gain market share and serve a diverse range of end-user industries.

Purchase A Report- https://www.transparencymarketresearch.com/checkout.php?rep_id=1314<ype=S

2-Ethylhexanoic Acid Market - Snapshot
2-Ethylhexanoic acid is an organic compound that belongs to the medium-chain fatty acids family. This liquid has a mild odor and a light yellow color. The acid finds application in the manufacturing of metal derivatives, which show solubility in non-polar organic solvents. Metal derivatives manufactured with this technique are employed as catalysts in polymerization reactions.
2-Ethylhexanoic acid finds wide application in esters for synthetic lubricants and polyvinylbutyral film plasticizers, in automotive coolants, in metal salts for paint dryers, cosmetics, and PVC stabilizers. Of them, PVC stabilizers are considered one of the key applications of 2-Ethylhexanoic acid. For the manufacturing of 2-ethylhexanoic acid, two main techniques are utilized, namely, butyraldehyde and octanol technique. Of them, the butyraldehyde technique is highly favored and the most popular production technique. In this technique, propylene is the key raw material utilized. For the industrial production of 2-Ethylhexanoic acid, propylene is used.
While 2-ethylhexanoic acid holds ability to react with nearly all bases, it is a carboxylic acid. At the time of reacting with bases, this acid releases an extensive amount of heat. For the oxidization of 2-Ethylhexanoic acid, strong oxidizing agents are used. On the other hand, they can be reduced with the help of strong reducing agents. 2-ethylhexanoic acid plays key role in initiation of polymerization reactions as well as catalyzation of chemical reactions.
Major players in the global 2-ethylhexanoic acid market are growing focus toward expanding their production capabilities. Apart from this, they are increasing interest in the merger and acquisition activities. Moving forward, many enterprises are increasing concentration toward incorporation of innovations in their products. As a result, they are investing heavily in research and development activities. On the back of all these activities, the global 2-ethylhexanoic acid market is likely to experience decent pace of expansion in the years to come.

Contact

Transparency Market Research

State Tower,

90 State Street,

Suite 700,

Albany NY - 12207

United States

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: https://www.transparencymarketresearch.com

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release 2 Ethylhexanoic Acid Market Future Developments, Business Insights, End Users, Application And Forec here

News-ID: 2406310 • Views: 326

More Releases from TMR

Wood Activated Carbon Market Outlook 2029: Trends, Segmentation, Growth and Comp …
Wood Activated Carbon Market – Snapshot Coal is a key non-renewable raw material that has been used for the production of activated carbon over the last few years. Coal is extensively consumed in other core industrial applications, such as power generation. Therefore, alternate sources of raw materials, such as wood, are likely to gain momentum in the near future. Activated carbon produced from wood has significant carbon content and lesser inorganic
Plant Growth Regulators Market by Top Manufacturers, Types and Applications 2018 …
Manufacturers of Plant Growth Regulators Continue to Uptake Growing Investments in Agriculture Sector Plant growth regulators have been gaining a marked popularity, in agriculture-driven economies, as bio-stimulants or bio-inhibitors that modify the physiological processes of plants. As agriculture becomes more mechanized and scientific development ensures the possibilities of using novel inputs to improve production, demand for plant growth regulators continue to increase, with sales of approximately US$ 5,600 million in 2018.
Latest Research Report to uncover key Factors of Global Aviation Lubricants Mark …
Lightweight Construction Materials: Introduction • Lightweight construction materials have lower density than water; however, their strength-to-weight ratio is higher than that of aluminum or steel • Modern materials including composite materials used for lightweight construction are employed across all industrial sectors in order to reduce production costs, improve product quality and functionality, and increase resilience. Additionally, the use of lightweight construction materials helps optimize production processes and the use of materials in order to
Dairy Products Market:Segments, Opportunity, Growth and Forecast By End-use Indu …
Global Dairy Products Market: Overview Dairy foods and beverages, being an essential part of our diets, have been witnessing tremendous demand and are expected to continue to do so over the forecast period. As a number of manufacturers have been addressing the needs of the health-conscious populace worldwide, a number of low-fat, lactose-free, and cholesterol-free dairy products have entered the market. By type of product, the global market for dairy products can

All 5 Releases


More Releases for PVC

Pvc Market Future demand Foreseen Over 2020
Polyvinyl chloride (PVC) is the third-most widely produced polymer, after polyethylene and polypropylene. PVC is one the most widely used plastics and is produced by polymerization of the monomer vinyl chloride. PVC has an amorphous structure with polar chlorine atoms and has fire retardant properties and oil/chemical resistance. PVC is widely used in construction, packaging, automotive and electrical industries due to the various properties such as light weight, good mechanical
Pvc Market Current Trend Analysis by 2020
Polyvinyl chloride (PVC) is the third-most widely produced polymer, after polyethylene and polypropylene. PVC is one the most widely used plastics and is produced by polymerization of the monomer vinyl chloride. PVC has an amorphous structure with polar chlorine atoms and has fire retardant properties and oil/chemical resistance. PVC is widely used in construction, packaging, automotive and electrical industries due to the various properties such as light weight, good mechanical
PVC Market Trends and Segments 2010-2020
Polyvinyl chloride (PVC) is the third-most widely produced polymer, after polyethylene and polypropylene. PVC is one the most widely used plastics and is produced by polymerization of the monomer vinyl chloride. PVC has an amorphous structure with polar chlorine atoms and has fire retardant properties and oil/chemical resistance. PVC is widely used in construction, packaging, automotive and electrical industries due to the various properties such as light weight, good mechanical
PVC Market Rugged Expansion Foreseen by 2020
Polyvinyl chloride (PVC) is the third-most widely produced polymer, after polyethylene and polypropylene. PVC is one the most widely used plastics and is produced by polymerization of the monomer vinyl chloride. PVC has an amorphous structure with polar chlorine atoms and has fire retardant properties and oil/chemical resistance. PVC is widely used in construction, packaging, automotive and electrical industries due to the various properties such as light weight, good mechanical
PVC Modifier Market Report 2017 : just published
About PVC Modifier In this report, the Asia-Pacific PVC Modifier market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Get a Free Sample Report @ https://www.reportsandmarkets.com/sample-request/asia-pacific-pvc-modifier-market-report-2017-1620486 Geographically, this report split Asia-Pacific into several key Regions, with sales (K MT), revenue (Million USD), market share and growth rate of
Global Polyvinyl Chloride (PVC) Market 2017 -
Worldwide Polyvinyl Chloride (PVC) 2017 Research Report presents a professional and complete analysis of Global Polyvinyl Chloride (PVC) Market on the current situation. In the first part, the report provides a general overview of the Polyvinyl Chloride (PVC) industry 2017 including definitions, classifications, Polyvinyl Chloride (PVC) market analysis, a wide range of applications and Polyvinyl Chloride (PVC) industry chain structure. The 2017's report on Polyvinyl Chloride (PVC) industry offers the global