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2-Ethylhexanol Market is Expected to Generate Huge Profits by 2021
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The largest market for 2-ethylhexanol is a plasticizer named dioctyl phthalate.Dioctyl phthalate is used in the manufacture polyvinyl chloride products.Other plasticizers such as dioctyl adipate and dioctyl terephthalate can be made from 2-ethylhexanol. The increasing applications of 2-ethylhexanol in adhesives,coatings and textiles are expected to drive the market in the near future.In addition, increasing demand for waterborne acrylic products is expected to boost the 2-ethylhexanol market further. However, 2-ethylhexanol causes throat irritation, blurred vision, dizziness, fatigue and gastrointestinal disorders. In addition, stringent regulations on the use of DOP on account of health hazard and environmental issues may in turn hamper the 2-Ethylhexanol market in near future.
Asia Pacific is expected to be the largest market segment for 2-EH within the forecast period followed by Europe and North America. A possible decline is expected in the U.S. and Europe as there are stringent regulations on the use of DOP in certain applications and end users are switching to other alternatives such as 2-propylheptanol (2-PH) and citrates among others. Western Europe, the Middle East are the major exporters of 2-Ethylhexanol whereas China is the major importer.
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Major industry players manufacturing 2-ethylhexanol are the Dow Chemical Company, Eastman Chemical Company, Ineos and Parchem among others.
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