Title: 2-Ethylhexanol Market – Forecast (2021-2026)
12-Ethylhexanol MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- 2-Ethylhexanol Market size is forecast to reach
9.1 billion by 2026, after growing at a CAGR of
6.7 during the forecast period from 2021-2026.
Globally, increasing usage of 2-ethylhexanol due
to its emollient properties and high boiling
point for the production of plasticizers,
lubricants, and other chemical products is
anticipated to drive the market. A significant
portion of 2-ethylhexanol generated is used as a
precursor to the synthesis of diester bis
(2-ethylhexyl) phthalate (DEHP), a plasticizer.
Since it is a fatty alcohol, its esters appear to
have emollient properties. Furthermore, the
growing demand for chemicals across various
industries and stringent norms on industrial
emissions is anticipated to create new
opportunities for the growth of the
2-ethylhexanol industry in the forecast era.
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- Key Takeaways
- An increase in the adoption of 2-ethylhexanol for
application in various end use industries such as
construction, automotive, and electronics, from
emerging economies such as China, India, and
others, will create new opportunities for the
global 2-ethylhexanol market. - Increasing demand for 2-ethylhexanol compounds
for the production of various industrial chemical
products such as acrylate, plasticizers, and
nitrate is also anticipated to drive the market
growth. - Rising health effects such as headache,
dizziness, sore eyes, and throat irritation due
to the exposure of 2-ethylhexanol (2-EH) is
estimated to hinder the market growth in the
forecast period.
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By Distribution Channel- Segment Analysis The
plasticizers sector held the largest share in the
2-ethylhexanol market in 2020 and is projected to
grow at a CAGR of 5.9 during the forecast period
2021-2026. 2-ethylhexanol esters are used as a
feedstock in plasticizer manufacturing, where
their presence helps to reduce viscosity and
lower freezing points. The largest application
segments for plasticizers are in paints, rubber
products, adhesives sealants, and printing
inks. 2-ethylhexanol is majorly consumed for
manufacturing phthalate as well as phthalate-free
plasticizers.
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- 2-Ethylhexanol Industry Outlook
- OXEA GmbH,
- LG Chem Ltd.,
- BASF SE,
- China Petroleum Chemical Corp (Sinopec
Corporation), - Eastman Chemical Company,
- Nan Ya Plastics Corp.,
- GrupaAzoty S.A.,
- INEOS Holdings Limited,
- SABIC,
- Mitsubishi Chemical Corporation,
- Tianjin BohuaYongli Chemical Industry Co., Ltd
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2-Ethylhexanol Market Forecast (2021 - 2026)
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lhexanol-market.html
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