Global 2-Ethylhexanol Market 2019-2023

The global 2-ethylhexanol market size will grow by over 1,210 thousand tons during 2019-2023.The market’s growth momentum is expected to accelerate throughout the forecast period because of the steady increase in the year-over-year growth. This industry research report provides a detailed analysis of the market based on application (plasticizers, 2-ethylhexanol acrylate, fuel additives, and others) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several 2-ethylhexanol manufacturers including BASF, DowDuPont, Eastman Chemical Company, INEOS, Mitsubishi Chemical, and SABIC.

Below are some of the key findings from this 2-ethylhexanol market analysis report:

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Global 2-ethylhexanol industry overview

The growth in the automobile industry is driving the global 2-ethylhexanol market as it is used to impact fuel efficiency. The growing use of 2-ethylhexanol to produce 2-EH nitrate, which is a cetane improver for diesel fuel is expected to drive market growth. 2-ethylhexanol helps in reducing ignition delay, knock and noise, misfiring, shock loads and the overall fuel consumption in vehicles. Therefore, the high demand from the automotive industry will drive the market.

The increase in R&D activities of non-phthalate plasticizers is expected to drive the growth of the global 2-ethylhexanol market. of the growing demand for non-phthalate plasticizers from the construction, medical, and automotive industries will boost market growth. Moreover, non-phthalate plasticizers are also used in the production of PVC, medical tubing, blood bags, and blister packaging of tables. This will increase the demand for 2-ethylhexanol, which is the main raw material in the production of non-phthalate plasticizers. Thus, the growth in the automobile industry coupled with the increase in R&D activities for non-phthalate plasticizers will drive the 2-ethylhexanol market at a CAGR of more than 5% during the forecast period.

Top 2-ethylhexanol companies covered in this report

The global 2-ethylhexanol market is highly fragmented. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this 2-ethylhexanol market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.

The report offers a detailed analysis of several leading 2-ethylhexanol companies including:

• BASF
• DowDuPont
• Eastman Chemical Company
• INEOS
• Mitsubishi Chemical
• SABIC

 2-ethylhexanol market segmentation based on application

• Plasticizers
• 2-Ethylhexyl acrylate
• Fuel additives
• Others

The largest application segment of the global 2-ethylhexanol market in 2018 were the plasticizers, because they provide high thermal insulation and weathering resistance to PVCs. Although the market share of this segment will witness a marginal decrease, it will continue to dominate the market over the next five years.

2-ethylhexanol market segmentation based on region

• The Americas
• APAC
• EMEA

APAC accounted for the largest 2-ethylhexanol market share in 2018, owing to high demand from end-users applications such as floor and wall coverings, wires and cables, films and sheets, and coated fabric

Key highlights of the global 2-ethylhexanol market for the forecast years 2019-2023:

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the 2-ethylhexanol market during the next five years
• Precise estimation of the global 2-ethylhexanol market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the 2-ethylhexanol industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of 2-ethylhexanol companies

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