2-Ethylhexanol Market Size, Share, And Growth Report 2032

2-Ethylhexanol Market: Size

The global 2-Ethylhexanol market size was worth around USD 6.27 billion in 2023 and is predicted to grow to around USD 9.81 billion by 2032 with a compound annual growth rate (CAGR) of roughly 5.1% between 2024 and 2032. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD billion). The report covers a forecast and an analysis of the 2-Ethylhexanol market on a global and regional level.

Request Free Sample

Global 2-Ethylhexanol Market: Overview

2-ethyl hexanol (2-EH) consists of 8 carbon molecules. It is poorly soluble in water and is colorless in nature. On the other hand, though it is not dissolved in water, it is soluble is most of the organic solvents. 2-ethylhexanol (2-EH) is widely used as flavors, solvents, and fragrances.

Global 2-Ethylhexanol Market: Growth Factors

The global 2-ethyl hexanol market (2-EH) is witnessing a huge boost in development due to various uses in the industries. Strict government rules to the industries for the emission of chemicals are indirectly boosting the global market. Its ability of high performance serves as an option to costly fuels. This is the main factor driving the global 2-ethylhexanol market (2-EH). In addition to this, the global market is estimated to elevate in the near future. Furthermore, an increase in the number of job opportunities has elevated the growth of the global 2-ethylhexanol market (2-EH). Moreover, affordable labor charge is also powering the growth of the global market.

On the other hand, the decrease in the trends of dioctyl phthalate is the main reason hampering the growth of the global 2-ethyl hexanol market (2-EH). Additionally, side effects such as headache, dizziness, sore eyes, and throat irritation due to the use of 2-ethylhexanol (2-EH) are hindering the growth of the global market. In support to this, the high cost of transportation is also one of the main reasons that are restraining the growth of the global 2-ethyl hexanol market (2-EH). Moreover, the high cost of maintenance is also a significant factor hampering the growth of the global market..

Request Free Sample

Global 2-Ethylhexanol Market: Segmentation

The global 2-ethyl hexanol market (2-EH) is sole divided based on applications as plasticizers, 2-EH nitrate, 2-EH acrylate, and others. The plasticizers section is further segmented as non-phthalate and phthalate. Other sections include multiple solvents.

2-Ethylhexanol Market: Report Scope

Global 2-Ethylhexanol Market: Regional Analysis

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Asia Pacific countries such as India and China are likely to boost the global 2-ethylhexanol market (2-EH) in the near future. This is due to raise awareness of the advantages of 2-ethylhexanol (2-EH) among people. North America is currently dominating the global market. The advanced use of technology for the development of 2-ethylhexanol (2-EH) has boosted the global market in the U.S. and Canada. Additionally, different countries are likely to show moderate growth in the global 2-ethylhexanol market (2-EH). Countries such as Italy, Germany, Poland, and France will be the main region of focus for the growth of the global market in Europe.

Global 2-Ethylhexanol Market: Competitive Players

Some main participants of the 2-Ethylhexanol market are:

• China National Petroleum Corporation
• LG Chem Limited
• Grupa Azoty
• Saudi Basic Industries Corporation
• BASF SE
• Formosa Plastic Group
• Eastman Chemical Company
• Elekeiroz S.A.
• China Petroleum & Chemical Corporation

The Global 2-Ethylhexanol Market is segmented as follows:

By Applications 

• Plasticizers 
  • Non-Phthalate 
  • Phthalate
• 2-EH Nitrate
• 2-EH Acrylate
• Others (Multiple Solvents)

2-Ethylhexanol Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • 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