2-Ethylhexanol Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

The global 2-ethylhexanol market is experiencing significant growth driven by its increasing applications in chemical intermediates, coatings & paints industry, and agrochemicals. The market has witnessed substantial demand, particularly in the chemical intermediates and solvents sector, which accounts for three-fourths of global 2-ethylhexanol consumption. Additionally, the rising demand for 2-ethylhexyl acrylate, used in the manufacturing of emulsion paints and surface coatings, has further propelled market growth.

Growing Demand in Developing Regions

Developing regions such as South Asia, the Pacific, and the Middle East and Africa (MEA) are witnessing steady growth in the 2-ethylhexanol market. Rapid economic development in these regions has contributed to increased demand. Asia Pacific, in particular, has gained significant market share compared to North America and Europe.

Safe 2-EH Characteristics Drive Agrochemical Applications

Regulatory bodies, including the U.S. EPA, have listed 2-ethylhexanol products as 'Inert Ingredients Permitted for Use in Non-food Use Pesticide Products,' making it a preferred choice in agrochemicals, especially pesticides.

Upturn in Extractive Metallurgy Operations

The chemical intermediates and solvents segment of the 2-ethylhexanol market has experienced significant volume growth, directly contributing to overall market expansion. Ester derivatives of 2-ethylhexanol are gaining importance as feedstock in the manufacturing of plasticizers and lubricants, further driving growth in this segment.

Efficient Low-Volume Deliveries with Drums & IBCs

For smaller quantities ranging from 1,000 to less than 10,000 liters, 2-ethylhexanol is often delivered using small drum volumes or intermediate bulk containers (IBCs). These reusable containers are stackable, easy to handle during transport, and have become the preferred choice for distributors handling small-scale manufacturing plants in various industries.

Role of Local/Regional Distributors in Expanding Market Size

As manufacturers expand into new geographical locations, local and regional distributors are collaborating with them to enhance sales deliveries efficiently. This collaboration is expected to have a positive impact on the market's growth.

Advancements in Manufacturing Technologies

The adoption of LP Oxo (Low-pressure oxo alcohols) technology in the production of oxo alcohols, including 2-ethylhexanol, is expected to contribute to the market's growth, particularly in agrochemical applications.

Asia Pacific Drives Market Growth

The Asia Pacific region is expected to remain the most attractive market by CAGR index during the forecast period. Increased industrial activity and substantial demand from countries such as China and India are set to boost the regional market.

Influence of Regional Players

The global 2-ethylhexanol market is evenly balanced between large players, holding approximately 40-50% of the market share, and regional and local distributors. Key strategies for market players include expanding production capacities and focusing on mergers and acquisitions to enhance their global and regional footprint.

Analyst's Viewpoint

The 2-ethylhexanol market is experiencing impressive growth, with Asia Pacific and North America holding significant shares. Increasing demand from chemical manufacturing and the agrochemical industry is expected to drive market growth. However, unfavorable regulations encouraging the adoption of 2-ethylhexanol substitutes may hinder market growth globally. Technological innovations by key market participants are expected to further boost market growth during the forecast period.

Key Segments of the 2-Ethylhexanol Market

Delivery Form

Bulk Containers
Flexitanks
Drums/IBC

Application

Coatings and Paints
Chemical Intermediates and Solvents
Agrochemicals
Metallurgy

Region

North America
Latin America
Europe
Asia Pacific
Middle East & Africa

1. Executive Summary

1.1. Global 2-Ethylhexanol Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global 2-Ethylhexanol Market Outlook, 2018 - 2031

3.1. Global 2-Ethylhexanol Market Outlook, by Delivery Form, Value (US$ Mn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Bulk Containers
  - 3.1.1.2. Flexitanks
  - 3.1.1.3. Drums/IBC
3.2. Global 2-Ethylhexanol Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Coatings and Paints
  - 3.2.1.2. Chemical Intermediates and Solvents
  - 3.2.1.3. Agrochemicals
  - 3.2.1.4. Metallurgy
3.3. Global 2-Ethylhexanol Market Outlook, by Region, Value (US$ Mn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America 2-Ethylhexanol Market Outlook, 2018 - 2031

4.1. North America 2-Ethylhexanol Market Outlook, by Delivery Form, Value (US$ Mn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Bulk Containers
  - 4.1.1.2. Flexitanks
  - 4.1.1.3. Drums/IBC
4.2. North America 2-Ethylhexanol Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Coatings and Paints
  - 4.2.1.2. Chemical Intermediates and Solvents
  - 4.2.1.3. Agrochemicals
  - 4.2.1.4. Metallurgy
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America 2-Ethylhexanol Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 4.3.1.2. U.S. 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 4.3.1.3. Canada 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 4.3.1.4. Canada 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe 2-Ethylhexanol Market Outlook, 2018 - 2031

5.1. Europe 2-Ethylhexanol Market Outlook, by Delivery Form, Value (US$ Mn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Bulk Containers
  - 5.1.1.2. Flexitanks
  - 5.1.1.3. Drums/IBC
5.2. Europe 2-Ethylhexanol Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Coatings and Paints
  - 5.2.1.2. Chemical Intermediates and Solvents
  - 5.2.1.3. Agrochemicals
  - 5.2.1.4. Metallurgy
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe 2-Ethylhexanol Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 5.3.1.2. Germany 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.3. U.K. 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 5.3.1.4. U.K. 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.5. France 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 5.3.1.6. France 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.7. Italy 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 5.3.1.8. Italy 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.9. Turkey 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 5.3.1.10. Turkey 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.11. Russia 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 5.3.1.12. Russia 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 5.3.1.13. Rest of Europe 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 5.3.1.14. Rest of Europe 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific 2-Ethylhexanol Market Outlook, 2018 - 2031

6.1. Asia Pacific 2-Ethylhexanol Market Outlook, by Delivery Form, Value (US$ Mn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Bulk Containers
  - 6.1.1.2. Flexitanks
  - 6.1.1.3. Drums/IBC
6.2. Asia Pacific 2-Ethylhexanol Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Coatings and Paints
  - 6.2.1.2. Chemical Intermediates and Solvents
  - 6.2.1.3. Agrochemicals
  - 6.2.1.4. Metallurgy
- 6.2.2. Others BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific 2-Ethylhexanol Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 6.3.1.2. China 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.3. Japan 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 6.3.1.4. Japan 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.5. South Korea 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 6.3.1.6. South Korea 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.7. India 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 6.3.1.8. India 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.9. Southeast Asia 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 6.3.1.10. Southeast Asia 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America 2-Ethylhexanol Market Outlook, 2018 - 2031

7.1. Latin America 2-Ethylhexanol Market Outlook, by Delivery Form, Value (US$ Mn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Bulk Containers
  - 7.1.1.2. Flexitanks
  - 7.1.1.3. Drums/IBC
7.2. Latin America 2-Ethylhexanol Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America 2-Ethylhexanol Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 7.3.1.2. Brazil 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.3.1.3. Mexico 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 7.3.1.4. Mexico 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.3.1.5. Argentina 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 7.3.1.6. Argentina 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa 2-Ethylhexanol Market Outlook, 2018 - 2031

8.1. Middle East & Africa 2-Ethylhexanol Market Outlook, by Delivery Form, Value (US$ Mn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Bulk Containers
  - 8.1.1.2. Flexitanks
  - 8.1.1.3. Drums/IBC
8.2. Middle East & Africa 2-Ethylhexanol Market Outlook, by Application, Value (US$ Mn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Coatings and Paints
  - 8.2.1.2. Chemical Intermediates and Solvents
  - 8.2.1.3. Agrochemicals
  - 8.2.1.4. Metallurgy
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa 2-Ethylhexanol Market Outlook, by Country, Value (US$ Mn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 8.3.1.2. GCC 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.3.1.3. South Africa 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 8.3.1.4. South Africa 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.3.1.5. Egypt 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 8.3.1.6. Egypt 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.3.1.7. Nigeria 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 8.3.1.8. Nigeria 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
  - 8.3.1.9. Rest of Middle East & Africa 2-Ethylhexanol Market by Delivery Form, Value (US$ Mn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa 2-Ethylhexanol Market by Application, Value (US$ Mn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Manufacturer vs by Application Heatmap
9.2. Company Market Share Analysis, 2023
9.3. Competitive Dashboard
9.4. Company Profiles
- 9.4.1. OXEA GmbH
  - 9.4.1.1. Company Overview
  - 9.4.1.2. Product Portfolio
  - 9.4.1.3. Financial Overview
  - 9.4.1.4. Business Strategies and Development
- 9.4.2. LG Chem Ltd.
- 9.4.3. BASF SE
- 9.4.4. China Petroleum & Chemical Corp (Sinopec Corporation)
- 9.4.5. Eastman Chemical Company
- 9.4.6. Nan Ya Plastics Corp.
- 9.4.7. INEOS Holdings Limited
- 9.4.8. SABIC
- 9.4.9. Mitsubishi Chemical Corporation
- 9.4.10. Tianjin Bohua Yongli Chemical Industry Co., Ltd
- 9.4.11. Perstorp Orgnr
- 9.4.12. Henan GP Chemicals Co.,Ltd
- 9.4.13. Mosselman s.a.
- 9.4.14. Oltchim S.A.
- 9.4.15. Sibur
- 9.4.16. Elekeiroz S.A.
- 9.4.17. Shazand Petrochemical Company
- 9.4.18. The Andhra Petrochemicals Ltd.

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations