Press release
2-Ethylhexyl Acrylate Market Expected to Reach $2.2 Billion by 2031 | BASF SE, Asahi Kasei Corporation, Ascend Performance Materials
Global 2-Ethylhexyl Acrylate Market reached US$ 1.3 billion in 2023 and is expected to reach US$ 2.2 billion by 2031, growing with a CAGR of 6.5% during the forecast period 2024-2031.The 2 Ethylhexyl Acrylate market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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2-Ethylhexyl acrylate (2-EHA) is a chemical compound used primarily in the production of acrylic polymers and copolymers. It is a colorless, odorless liquid that enhances the flexibility and durability of plastics and resins. It's commonly used in coatings, adhesives, sealants, and textiles.Forecast Growth Projected:
The Global 2 Ethylhexyl Acrylate Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the 2 Ethylhexyl Acrylate Market:
BASF SE, Asahi Kasei Corporation, Ascend Performance Materials, Compass Chemical, Evonik Industries AG, Solvay SA, Merck KGa, E. I. Du Pont De Nemours Inc., Invista and Ashland Global Holdings, Inc.
Industry Development:
In 2022, BASF initiated the construction of a new manufacturing facility in Verbund, China, which will include production units for Glacial Acrylic Acid (GAA), Butyl Acrylate (BA), and 2-Ethylhexyl Acrylate (2-EHA). The plant, set to commence operations in 2025, is expected to produce 100,000 tons of 2-EHA.
In 2022, BPCL announced the successful shipment of the first batch of 2-EHA, produced at its Kochi Refinery, to Asian Paints and Visen Industries India. The plant, which began operations in 2021, is the sole producer of 2-EHA with an annual capacity of 10,000 tons.
Research Methodology
Our research methodology combines both qualitative and quantitative approaches to provide you with a thorough market analysis. We begin by gathering data from trusted industry reports and databases (secondary research), followed by primary research through surveys and interviews with key experts. We then apply advanced statistical tools to analyze the data, uncover trends, and assess market dynamics. Additionally, we use market segmentation and Porter's Five Forces analysis to evaluate competition. This approach ensures that the insights we provide are reliable, actionable, and tailored to support your decision-making process.
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Segment Covered in the 2 Ethylhexyl Acrylate Market: CCC
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
Regional Analysis for 2 Ethylhexyl Acrylate Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of 2 Ethylhexyl Acrylate market?
➠ Who are the global key manufacturers of the 2 Ethylhexyl Acrylate Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the 2 Ethylhexyl Acrylate market opportunities and threats faced by the vendors in the global 2 Ethylhexyl Acrylate Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the 2 Ethylhexyl Acrylate market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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