2-Ethylhexanol Market Size To Reach $7.68 Billion By 2030

2-Ethylhexanol Market Growth & Trends

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.

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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.

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

  • U.S.

  • 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

List of 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