2-Ethylhexanol Market Research Report Global Forecast till 2030

2-Ethylhexanol Market: Information by Application (Plasticizers, Ethylhexyl Acrylate, 2-Ethylhexyl Nitrate, Others) and Region (North America, Asia-Pacific, Europe, Latin America, Middle East & Africa)—Forecast till 2030

ID: MRFR/CnM/6169-HCR | February 2021 | Region: Global | 140 pages

Market Synopsis:


The global 2-ethylhexanol market was valued at USD 4.80 billion in 2016 and is expected to register a CAGR of 6.2% during the forecast period. 2-ethylhexanol has a high boiling point and evaporates slowly. It has low volatility and enhances the flow and gloss of baking enamels, majorly used as a dispersing agent for pigment pastes. 2-ethylhexanol is an adaptable solvent featuring excellent reactivity as a chemical intermediate. It functions as a chain terminator in synthesizing condensation polymers and as an intermediate for plasticizers.


The recent trend of replacing solvent-based products with waterborne acrylic products owing to stringent air emission regulations is projected to boost the demand for 2-ethylhexanol. The application of waterborne coatings over solvent-based coatings offers serval advantages such as soap clean-up, less hazardous waste disposal & associated costs, and reduced solvent exposure.


Further, 2-ethylhexanol excellent reactivity as an intermediate and properties such as defoaming, wetting, dispersing characteristic and slow evaporation rate makes it ideal application for adhesives and sealants, automotive parts & accessories, construction chemicals, plasticizer and lubricants. These properties are expected to favor the demand for 2-ethylhexanol during the forecast period.


2-ethylhexanol is used as a direct solvent for manufacturing various industrial chemicals. The demand for 2-ethylhexanol is increasing in applications in various end-use industries such as paint & coatings, automotive, and construction. The chemical industry accounted for USD 5,000 billion in 2017, which is expected to register a CAGR of 7.5% during the review period. Thus, the growth of the chemical industry is estimated to propel the demand for and growth of the global 2-ethylhexanol market.


Global 2-Ethylhexanol Market Share, by Application, 2017 (%) 2-Ethylhexanol Market


Source: MRFR analysis


Regional Analysis:


The global 2-ethylhexanol market has been studied based on five regions, namely Asia-Pacific, Europe, Latin America, North America, and the Middle East & Africa. Asia-Pacific is projected to be the leading market for 2-ethylhexanol during the forecast period. Rapid industrialization and urbanization are the key factors expected to boost the growth of the regional market. The demand for 2-ethylhexanol in the region is majorly from the plasticizers industry. The North American and European markets are expected to witness significant growth in terms of CAGR during the review period owing to the increasing application of 2-ethylhexanol in paints & coatings, chemicals, and plastic industries. In addition, the market in the Middle East & Africa is projected to witness steady growth during the forecast period.


Market Segmentation:


The global 2-ethylhexanol market has been segmented based on application and region. Based on application, the global market has been divided into plasticizers, ethylhexyl acrylate, 2-ethylhexyl nitrate, and others. The plasticizers is expected to be the major application segment registering a healthy CAGR owing to its wide usage as an additive, as well as in polyvinyl chloride (PVC) applications. Around 90% of 2-ethylhexanol produced is used in plasticizers for PVC.


Key Players:


Some of the prominent players in the global 2-ethylhexanol market are BASF SE (Germany), Sinopec (China), Eastman Chemical Company (US), Formosa Plastics Corporation (Japan), LG Chem (South Korea), OXEA GmbH (Germany), Mitsui Chemicals, Inc. (Japan), China National Petroleum Corporation (China), Elekeiroz (Brazil), SABIC (Saudi Arabia), Nan Ya Plastics Corporation (Japan),  INEOS (UK), and Arak Petrochemical Corporation (Iran).


Intended Audience:



  • 2-Ethylhexanol Manufacturers

  • Traders and Distributors of 2-Ethylhexanol

  • Research and Development Institutes

  • Potential Investors

  • Raw Material Suppliers

  • Nationalized Laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size

  • 2016: USD 4.80 Billion
  • 2030: Significant value
  •   CAGR   6.2%(2022–2030)
      Base Year   2021
      Forecast Period   2022 to 2030
      Historical Data   2019 & 2020
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   By Application and Region
      Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
      Key Vendors   BASF SE (Germany), Sinopec (China), Eastman Chemical Company (US), Formosa Plastics Corporation (Japan), LG Chem (South Korea), OXEA GmbH (Germany), Mitsui Chemicals, Inc. (Japan), China National Petroleum Corporation (China), Elekeiroz (Brazil), SABIC (Saudi Arabia), Nan Ya Plastics Corporation (Japan), INEOS (UK), and Arak Petrochemical Corporation (Iran).
      Key Market Opportunities   the growth of the chemical industry is estimated to propel the demand for and growth of the global 2-ethylhexanol market.
      Key Market Drivers   The demand for 2-ethylhexanol is increasing in applications in various end-use industries such as paint & coatings, automotive, and construction.


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    Frequently Asked Questions (FAQ) :


    The outlook of the global 2-ethylhexanol market looks very promising.

    2-Ethylhexanol Market is expected to register over 6.2% CAGR during the assessment period (2018-2023).

    The plasticizers is expected to be the major application segment in the global 2-ethylhexanol market.

    Asia Pacific holds the largest share in the global 2-ethylhexanol market, followed by North America and Europe, respectively.

    Sinopec (China), BASF SE (Germany), Eastman Chemical Company (US), LG Chem (South Korea), Formosa Plastics Corporation (Japan), OXEA GmbH (Germany), China National Petroleum Corporation (China), Mitsui Chemicals, Inc. (Japan), Elekeiroz (Brazil), Nan Ya Plastics Corporation (Japan), SABIC (Saudi Arabia), INEOS (UK), and Arak Petrochemical Corporation (Iran), are some of the major players operating in the 2-ethylhexanol market.