Brazil 2-ethylhexanol Market Size & Outlook, 2022-2030
Brazil 2-ethylhexanol market, 2018-2030 (US$M)
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Brazil 2-ethylhexanol market highlights
- The Brazil 2-ethylhexanol market generated a revenue of USD 192.0 million in 2022 and is expected to reach USD 253.6 million by 2030.
- The Brazil market is expected to grow at a CAGR of 3.5% from 2023 to 2030.
- In terms of segment, plasticizers was the largest revenue generating application in 2022.
- 2-EH Acrylate is the most lucrative application segment registering the fastest growth during the forecast period.
2-ethylhexanol market data book summary
| Market revenue in 2022 | USD 192.0 million |
| Market revenue in 2030 | USD 253.6 million |
| Growth rate | 3.5% (CAGR from 2022 to 2030) |
| Largest segment | Plasticizers |
| Fastest growing segment | 2-EH Acrylate |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Plasticizers, 2-EH Acrylate, 2-EH Nitrate |
| Key market players worldwide | Dow Inc, Basf SE, Eastman Chemical Co, Merck & Co Inc, SABIC, Mitsubishi Chemical Group Corp, LG Chem, Grupa Azoty |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.1% of the global 2-ethylhexanol market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico 2-ethylhexanol market is projected to lead the regional market in terms of revenue in 2030.
- Brazil is the fastest growing regional market in Latin America and is projected to reach USD 253.6 million by 2030.
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2-Ethylhexanol Market Scope
2-Ethylhexanol Market Companies
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Brazil 2-ethylhexanol market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to 2-ethylhexanol market will help companies and investors design strategic landscapes.
Plasticizers was the largest segment with a revenue share of 56.41% in 2022. Horizon Databook has segmented the Brazil 2-ethylhexanol market based on plasticizers, 2-eh acrylate, 2-eh nitrate covering the revenue growth of each sub-segment from 2018 to 2030.
Rising car ownership in Brazil, owing to greater spending power, higher living standards, coupled with poor quality roads and frequent traffic accidents, is expected to boost the market for automotive refinishes, which in turn is expected to impact the demand for 2-EH acrylate.
In addition, the demand for plasticizers in the country is increasing due to the rising need from the automotive sector, where it is being used for weight reduction of components. The automotive components manufacturers have been seeking alternative materials for weight reduction to increase the efficiency without compromising the functionalities of the vehicle.
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Our clientele includes a mix of 2-ethylhexanol market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil 2-ethylhexanol market , including forecasts for subscribers. This country databook contains high-level insights into Brazil 2-ethylhexanol market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil 2 ethylhexanol market size, by application, 2018-2030 (US$M)
Brazil 2-Ethylhexanol Market Outlook Share, 2022 & 2030 (US$M)
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