The report gives a transparent view of the 2-Ethylhexanol (2-EH) market. We have included a detailed competitive scenario and portfolio of leading vendors operative in the market. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The Global 2-Ethylhexanol (2-EH) Market is expected to reach USD 6322.50 kilotons by 2025, from USD 4214.20 kilotons in 2017 growing at a CAGR of 5.1% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global 2-Ethylhexanol (2-EH) Market, By Application (Plasticizers, 2-Ethylhexyl Acrylate, 2-Ethylhexyl Nitrate, Others) By End User (Construction/Remodelling, Automotive Production, Original Equipment, Other) By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Top Competitors:
The key players operating in the global 2-ethylhexanol (2-EH) market are –
- Eastman Chemical Company
- BASF Corporation
- China National Petroleum Corporation
- DowDuPont
- Elekeiroz
The other players in the market are China Petrochemical Corporation (Sinopec), West Shandong Chemical Industry Co. Ltd, Tianjin Zhongxin Chemtech Co. Ltd, Meryer (Shanghai) Chemical Technology Co. Ltd, Formosa Plastic Group, OXEA GmbH, Grupa Azoty, SABIC, LG Chem., INEOS, and many more.
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Market Drivers:
- Raising demand in Asia-Pacific
- Growth In 2-Ethylhexanol Acrylate industry
- Development of LP Oxo Technology
Market Restraint:
- Decrease in the Trends of Dioctyl Phthalate
- Highly Toxic Nature
Competitive Analysis:
The global 2-ethylhexanol (2-EH) market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of 2-ethylhexanol (2-EH) market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
It is an organic compound which is colourless in nature. It is used as a raw material in manufacturing of plasticizers and chemical products. Furthermore, it is used in industries like construction, automotive and others. 2-ethylhexanol is in high demand from the plasticizer manufacturing industries. Various key players are making strategies to enhance the growth of the market such as acquisitions, partnership, expansion which are contributing to the growth of the market. For instance, Oxea has aimed to produce is 60,000 metric ton of dioctyl terephthalate annually, which is a general purpose non-ortho-phthalate plasticizer in Europe by 2019. Oxea has also entered into partnership with Oxxynova, a manufacturer of dimethyl terephthalate (DMT). In 2017 INEOS compant, acquired Arkema’s Oxo Alcohol business, which included the acquisition of Arkema’s stake in Oxochimie, producing oxo alcohols (butanol and 2-ethyl hexanol).
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