Global 2-Ethylhexanol Market - Industry Size, Share, Growth, Trends and Forecast 2016 - 2024

"The Latest Research Report 2-Ethylhexanol (2-EH) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

2-Ethylhexanol (2-EH) Market: Overview

2-ethylhexanol is a high boiling point, low volatility solvent for fats, waxes, insecticides and dyes. It is a colorless liquid that is soluble in organic solvents and has emollient properties. It is primarily used to manufacture low volatility esters such as dioctyl phthalate. It is a key ingredient for manufacturing plasticizers, lubricants and other chemical products. It is industrially produced through aldol condensation of n-butyraldehyde, and subsequent hydrogenation of hydroxyaldehyde. It has applications in coatings and heavy metal industries. It is used as an octane booster when reacted with nitric acid. 2-ethylhexanol is a key feedstock for manufacturing a range of chemicals which is further used in industries such as construction, automotive and paints among others. It is used as a wetting agent in the textile industry. There is high demand for 2-ethylhexanol from the plasticizer manufacturing industry.

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2-Ethylhexanol (2-EH) Market: Drivers

Application of 2-ethylhexanol include plasticizers, 2-EH acrylate, 2-EH nitrate and others which are extensively used in various industries. Growing demand for chemicals across various industries is in turn, expected to drive the demand for 2-ethylhexanol. Additionally, stringent norms on industrial emissions are driving the demand for high performance fuels which in turn, is expected to augment 2-ethylhexanol nitrate production. Furthermore, growth in the coatings industry is anticipated to fuel the demand for 2-ethylhexanol in the near future. However, the declining trends of dioctyl phthalate may curb the demand for 2-ethylhexanol over the next few years. Furthermore, it is toxic to humans when exposed and results in dizziness, headache, throat irritation and sore eyes. Thus, regulations on the use of 2-ethylhexanol may hamper the market within the forecast period.

2-Ethylhexanol (2-EH) Market: Region-wise Outlook

The 2-ethylhexanol market is expected to demonstrate substantial growth within the forecast period thanks largely to the promise shown by China – a country that is driving the demand not only in APAC but also worldwide. In 2012, Asia Pacific consumed 60% of the global production of this 2-EH.

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Moreover, the rising demand for phthalate plasticizers in emerging economies such as China, Vietnam, India, and Indonesia may stimulate the demand for 2-ethylhexanol in the near future. Growing chemical industry applications have been the top growth enabler for demand in North America. In the region, the U.S. and Canada are seen as major contributors to demand and revenue. Europe follows North America in terms of demand for 2-ethylhexanol. The demand in these regions is driven by 2-ethylhexanol acrylate and 2-Ethylhexanol nitrate manufacturing segments, which are used in adhesives and paints. In Europe, the demand is dominated by 2-EH acrylate and 2-EH nitrate.

The Rest of the World market is forecast to show strong growth over in terms of demand through the report’s forecast period. This will be the result of the higher spending power of consumers in the Middle East and North Africa. Growth in the construction activities across the globe is pushing the demand for 2-ethylhexanol within the forecast period.

2-Ethylhexanol (2-EH) Market: Key Players

Some of the key companies which manufacture 2-Ethylhexanol acrylate are Dow Chemical Company, Eastman Chemical Company, Zak S.A, Chengdu XiYa Chemical Technology Co., Ltd., Tianjin Zhongxin Chemtech Co., Ltd. and Meryer (Shanghai) Chemical Technology Co., Ltd. among many others.

Dow Chemical manufactures 2-ethylhexanol which is mainly used in coatings and in extractant production of heavy materials. Eastman Chemical Company manufactures 2-ethylhexanol for dispersing agents in pigments pastes. Zak SA produces 2-ethylhexanol which is used in the refining industry to improve the cetane number. It is also used in the production of anti-foam agents and forming agents.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, Luxembourg)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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