Large amounts of 2-ethylhexanol produced worldwide are used to manufacture various types of plasticizers, including phthalate and non-phthalate plasticizers. Among these types of plasticizers, phthalates are essentially phthalic acid and are used in a variety of end-use industries due to their processing and performance properties.
Key players in the 2-Ethylhexanol market point out that phthalates are Phthalates account for almost half of the global consumption of plasticizers and therefore aim to capitalize on the growing demand for 2-ethylhexanol in the phthalate industry.
On the other hand, non-phthalates are plasticizers. that do not contain phthalates but consist of several other components, such as e.g. B. diisononyl cyclohexanedicarboxylate (Hexamoll DINCH), bio-based plasticizers and diethylhexyl terephthalate (DEHT).
Considering that plasticizers are aimed at the 2-Ethylhexanol Market aims to meet the specific needs of plasticizer industry players. In the coming years, the demand for 2-Ethylhexanol 2-Ethylhexanol is expected to increase. remains significantly high in areas such as automotive manufacturing,
build/rebuild and Original Equipment Manufacturers (OEMs).
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2-Ethylhexanol Market: Regional Analysis
the basis of geography, the 2-Ethylhexanol market is roughly segmented into seven regions: North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa. The Asia-Pacific region holds the largest share of the 2-ethylhexanol market growth, with China remaining a dominant player: accounts for almost half of the sales share of the 2-ethylhexanol market in Asia-Pacific.
In the developing countries of the Asia-Pacific region, including China, India, Indonesia and Vietnam, demand for 2-ethylhexanol is primarily due to its applications in the plasticizer industry. In addition, the building and construction industry in Asia-Pacific is experiencing an architectural boom creating new potential for 2-ethylhexanol manufacturers in the region.
Key players are expected to focus on 2 -Offer ethylhexanol cheaply for commercial use -Cost residential and construction projects in Asia Pacific to gain momentum in the region. China is expected to become the main market for 2-ethylhexanol as the country’s government agencies push ahead with infrastructure development in various sectors.
The Chinese government presented its 13th plan of five plans, reflecting the rapid development of Motorways, expressways, railways, waterways, suburban trains and airports in the country. In addition, the country is also the world leader in automobile production, which also opens up new growth opportunities for manufacturers of 2-ethylhexanol in China.
2-Ethylhexanol Market: Competitive Landscape
- Dow Chemical Company
- INEOS Holdings Limited
- Chengdu XiYa Chemical Technology Co., Ltd.
- Formosa Plastic Group
- Eastman Chemical Company
- Tianjin Zhongxin Chemtech Co., Ltd.
- Eastman Chemical Company
- Elekeiroz S.A.
- Mitsubishi Chemical
- Zak S.A,
- Meryer (Shanghai) Chemical Technology Co.
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Market leaders are focusing on catering to major end-use industries such as building & construction, paints & coatings, marine, and transportation, in order to gain momentum in this landscape.
With the growing presence of regional players as well as global leaders in the global 2-ethylhexanol market, which is likely to lead to market fragmentation in the coming years.
Similar to any fragmented market, small- and medium-sized businesses are expected to face intense competition from top chemical companies in the global 2-ethylhexanol market. Small players are establishing their stronghold in regional markets, while global players are leveraging their large distribution networks for expanding their customer bases.
The Dow Chemical Company – an American multinational chemical corporation headquartered in Midland, Michigan, United States – is a leading player in the global 2-ethylhexanol market. The company manufactures 2-ethylhexanol to mainly cater to the coatings industry, and also in the heavy metals extractant production plants.
Eastman Chemical Company – an American company primarily involved in the chemical industry – is another major stakeholder in the global 2-ethylhexanol market. The company manufactures 2-ethylhexanol that is commonly used in the production of dispersing agents used in pigments pastes.
Another leading player – Zak?ady Azotowe K?dzierzyn is a chemical company based in the city of K?dzierzyn, Opole Voivodeship, southwest Poland. The company offers 2-ethylhexanol to end users in the refining industry, where it is used for enhancing the cetane number, while it also caters to antifoam and foaming agents companies.
2-Ethylhexanol Market: Segment Analysis
The 2-ethylhexanol market can be segmented on the basis of the following:
- 2-EH nitrate
- 2-EH acrylate