Global 2-Ethylhexanol (2-EH) Market – Industry Trends and Forecast to 2025 | Key Players are West Shandong Chemical Industry Co. Ltd, Tianjin Zhongxin Chemtech Co. Ltd, Meryer (Shanghai) Chemical Technology Co. Ltd, Formosa Plastic Group
Global 2-Ethylhexanol (2-EH) market report mentions estimates of the CAGR value’s rise or fall over a given forecast period. 2-Ethylhexanol (2-EH) market report shows a specific industry study that defines the global industry’s market definitions, classifications, applications, commitments and trends. The report shows significant product developments and recent acquisitions, fusions and research in the industry are being tracked by leading market players. For the precise forecast period, this market research report from 2-Ethylhexanol (2-EH) is a major store for procuring current and upcoming technical and financial details from the industry. The careful review of the base year’s and historical year shows that the 2-Ethylhexanol (2-EH) market will reach new highs in 2018-2025. Support for SWOT analysis and Porter’s Five Forces reporting tool will help the reader analyze market drivers and limitations.
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
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).
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
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