The global 2-ethylhexanol market size is estimated to reach USD 7.68 billion by 2030, expanding at a CAGR of 2.8% from 2025 to 2030, according to a new report by Grand View Research, Inc. Increasing demand for 2-EH acrylate from the paints and coatings industry is one of the key factors driving the market.
Rapid replacement of solvent-based products by waterborne acrylic products, supported by the presence of stringent air emission regulations, is expected to fuel the demand for the product. Replacing solvent-based coatings with waterborne coatings offers various advantages such as easy water and soap clean-up, reduced solvent exposure, and less hazardous waste disposal & associated costs. Besides this, they ensure reduced concerns regarding flammability & impact insurance costs, reduced health risks, and less mixing and minimal waste in case of one-component coatings. These factors are anticipated to positively impact the demand for 2-EH acrylate over the forecast period.
Asia Pacific was the leading market for 2-ethylhexanol in 2016 and this trend is expected to continue over the forecast period. The region is projected to exhibit a noteworthy CAGR over the forecast period, owing to the growing market potential in China. Manufacturers in the country are increasing their production capacity to meet the rising demand for 2-EH.
Growing demand from countries such as China, India, and Japan is expected to impact product demand over the forecast years. Increasing disposable income, growing middle-class population, and strengthening economy of aforementioned countries are expected to foster the growth of end-use industries such as automotive and construction, thereby boosting the demand for 2-EH.
2-Ethylhexanol Market Report Highlights
- The plasticizers segment accounted for nearly 53.5% of the global revenue share, making it the dominant category
- In terms of revenue, the 2-EH acrylate segment is expected to witness steady growth over the forecast period, owing to increasing demand from the building & construction industry, growing investments worldwide for infrastructure development, and rising penetration of acrylates in the coating industry.
- North America is expected to experience significant growth, primarily driven by rising immigration, which increases the demand for housing and vehicles.
- The market for 2-ethylhexanol is highly competitive with the presence of various well-established players with extensive product portfolios
- Some of the key companies present in the market are The Dow Chemical Co.’ BASF SE’ Eastman Chemical Company’ Sigma-Aldrich’ SABIC Industries, Grupa Azoty ZakÅ‚ady Azotowe KÄ™dzierzyn SpóÅ‚ka Akcyjna, Mitsubishi Chemical Corporation, and LG Chem, Ltd.
Detail Analysis of 2-Ethylhexanol Market @ https://www.grandviewresearch.com/industry-analysis/2-ethylhexanol-2-eh-market/request/rs1
2-Ethylhexanol Market Segmentation
Grand View Research has segmented the global 2-ethylhexanol market based on application and region:
2-Ethylhexanol Application Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- Plasticizers
- 2-EH Acrylate
- 2-EH Nitrate
- Other Applications
2-Ethylhexanol Regional Outlook (Volume, Kilotons; Revenue, USD Million, 2018 - 2030)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Latin America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
Key Players in the 2-Ethylhexanol Market
- Dow
- BASF SE
- Eastman Chemical Company
- SABIC
- SINOPEC
- Mitsubishi Chemical Corporation
- LG Chem, Ltd.
- INEOS Holdings Limited
- Formosa Plastic Group
- China National Petroleum Corporation
Order a free sample PDF of the 2-Ethylhexanol Market Intelligence Study, published by Grand View Research.