Global 2-Ethylhexanoic Acid Market Research Report 2022

2-Ethylhexoic acid (2-EHA) is a dense, clear, colorless to yellow, high boiling liquid, with a faint specific odor. It is immiscible with water, but miscible with almost all conventional organic solvents. It is mainly used as a chemical intermediate for the manufacture of polyvinylchloride (PVC) stabilizers, plasticizers, coating driers, synthetic lubricants, catalyst and pharmaceuticals. The main application is the metallic salts of 2-ethylhexanoic acid, and they are used as driers for odorless paints, inks, varnishes, and enamels. Cobalt and manganese are the most important driers.

Market Analysis and Insights: Global 2-Ethylhexanoic Acid Market

Due to the COVID-19 pandemic, the global 2-Ethylhexanoic Acid market size is estimated to be worth US$ 598.8 million in 2022 and is forecast to a readjusted size of US$ 617 million by 2028 with a CAGR of 0.5% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Butyraldehyde Method accounting for % of the 2-Ethylhexanoic Acid global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Paint Driers segment is altered to an % CAGR throughout this forecast period.

The top five global producers of 2-ethylhexanoic acid are Perstorp, Oxea, Kh Neochem, Eastman and BASF, with a combined market share of 66%.

Europe is the largest consumption market in the world. Europe is the sole exporting region in the globe. The consumption shares of China, USA, Europe and Japan are 17.49%, 26.46%, 34.28% and 11.85% in 2015.

Global 2-Ethylhexanoic Acid Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global 2-Ethylhexanoic Acid Market: Segment Analysis

The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.



Segment by Type


Butyraldehyde Method

Octanol Method

Others



Segment by Application


Paint Driers

Ester Type Lubricants

Plasticizers

PVC Stabilizers

Catalysts

Pharmaceuticals

Others



By Company


Perstorp

OXEA

KH Neochem

Eastman

BASF

DuPont

Elekeiroz

Shenyang Zhangming

Qingan

JXDC


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Europe

Germany

France

U.K.

Italy

Russia

Asia-Pacific

China

Japan

South Korea

India

Australia

China Taiwan

Indonesia

Thailand

Malaysia

Philippines

Vietnam

Latin America

Mexico

Brazil

Argentina