21-Dec-2020 | Facts and Factors
Findings from Facts and Factors report “Ethylhexanol Market By Application (Plasticizers, 2-EH Acrylate, 2-EH Nitrate, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Ethylhexanol Market was projected at around USD 9.11 Billion in 2019, and is expected to reach USD 809 Billion by 2026, growing at a CAGR of 6.3% during the forecast years.
The Global Ethylhexanol Market Is Powered By Increasing Demand For Ethylhexanol, Owing To Surging Demand From Growing Construction And Automotive Industries, And Strict Industrial Emissions Requirements
Ethylhexanol is a solvent for waxes, fats, dyes, and insecticides with a high boiling point and low volatility. It is a colorless liquid with emollient properties. It is mainly used for the processing with esters of low volatility, such as dioctyl phthalate. It is industrially produced by the condensation of n-butyraldehyde with aldol and subsequent hydroxy aldehyde hydrogenation. It has applications in the industries of coatings and heavy metals. It is a primary feedstock for producing a variety of chemicals which is further used extensively in industries such as automotive, construction, and paints amongst others. Within the textile industry, it is used as a wetting agent. There is a high demand from the plasticizer manufacturing industry for ethylhexanol.
Browse the full “Ethylhexanol Market By Application (Plasticizers, 2-EH Acrylate, 2-EH Nitrate, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/ethylhexanol-market
Rising demand for chemicals across various sectors would fuel demand for ethylhexanol. In addition, strict industrial emissions requirements boost demand for high-performance fuels, which in turn, is expected to increase the production of ethylhexanol nitrate. Moreover, rising demand from the coatings industry is expected to fuel the market for ethylhexanol in the upcoming future. However, decreasing dioctyl phthalate trends could reduce demand for ethylhexanol over the next few years. In addition, when exposed, it is poisonous to humans and results in inflammation of the throat, headaches, dizziness, and sore eyes. As a consequence, the regulations on the use of ethylhexanol could hamper the market during the projected years.
The ethylhexanol market is segmented based on type, application, and region. On the basis of application segmentation, the market is classified into plasticizers, 2-EH acrylate, 2-EH nitrate, and others. The plasticizers hold the highest market segment as it is used in rubber products, paints, printing inks, and adhesives & sealants. 2-Ethylhexyl acrylate is estimated to grow over the forecast period as it is a used monomer for the production of polymers and copolymers, in the chemical industry. Polymers are extensively used in a variety of applications including binders and adhesives for paints. It is also used in various applications such as plastics, coatings, textiles, road-marking substances, and floor coatings.
In terms of geography, Asia Pacific is dominating the regional market in 2019 and it is estimated to maintain its position through forecast years owing to an increase in demand for ethylhexanol from several industries. China in the Asia Pacific region is anticipated to be the major contributor owing to industrial growth in the country. A rise in disposable income and spur in the growth of various end-use industries such as plastics, coatings, and construction sectors. In addition, massive infrastructural investments in India, along with the government’s initiative, are likely to support the growth of the market. Europe is poised to witness growth within the forecast era owing to a rise in the growth of the protective and automotive coating industries in the coming years in this region. Furthermore, rising construction activities all around the world are pushing the demand for ethylhexanol within the forecast period.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 9.11 Billion |
Projected Market Size in 2026 |
USD 809 Billion |
CAGR Growth Rate |
6.3% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
The Dow Chemical Co., Eastman Chemical Company, BASF SE, SABIC Industries, Sigma-Aldrich, LG Chem, Ltd., Mitsubishi Chemical Corporation, Tianjin Zhongxin Chemtech Co., Ltd., Chengdu, Elekeiroz S.A., Meryer Chemical Technology Co., Ltd., Grupa Azoty, OXEA GmbH, Formosa Plastic Group, and China Petroleum & Chemical Corporation, and Others |
Key Segment |
By Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the leading players in the global market include
The Dow Chemical Co., Eastman Chemical Company, BASF SE, SABIC Industries, Sigma-Aldrich, LG Chem, Ltd., Mitsubishi Chemical Corporation, Tianjin Zhongxin Chemtech Co., Ltd., Chengdu, Elekeiroz S.A., Meryer Chemical Technology Co., Ltd., Grupa Azoty, OXEA GmbH, Formosa Plastic Group, and China Petroleum & Chemical Corporation among others
The taxonomy of the Ethylhexanol market by its scope and segmentation is as follows:
By Application Analysis
- Plasticizers
- 2-EH Acrylate
- 2-EH Nitrate
- Others
By Regional Segmentation Analysis
- North America
- Europe
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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