Us Liquid 2-Ethylhexanol Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Liquid 2-Ethylhexanol Market was valued at USD 2.5 Billion in 2022 and is projected to reach USD 4.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
US Liquid 2-Ethylhexanol Market: Navigating Growth Amidst Fluctuating Trends
The US liquid 2-ethylhexanol (2-EH) market has experienced notable fluctuations in recent years, influenced by various economic and industrial factors. In October 2024, prices saw a 2% uptick due to disruptions from the hurricane season, which affected propylene production—a key raw material for 2-EH. This led to force majeure declarations at several US facilities, temporarily reducing 2-EH output. However, as production conditions stabilized later in the quarter, prices corrected by approximately 6%.
Globally, the 2-EH market was valued at around USD 6.50 billion in 2024, with projections indicating growth to USD 7.68 billion by 2030, reflecting a compound annual growth rate (CAGR) of 2.8%. This growth is primarily driven by the increasing demand for plasticizers, which utilize 2-EH as a precursor. These plasticizers are essential in producing flexible polyvinyl chloride (PVC) used across various industries, including construction and automotive.
In the US, the automotive sector significantly contributes to 2-EH consumption. The compound is integral in manufacturing plasticized PVC, which is utilized in underbody coatings, seats, dashboards, and body sealers. Additionally, 2-EH is a key component in producing 2-ethylhexyl nitrate, a diesel fuel additive that enhances cetane numbers, thereby improving engine performance and reducing emissions.
Despite its industrial significance, 2-EH has been associated with health concerns. Exposure can lead to symptoms such as headaches, dizziness, and throat irritation. These potential health risks have prompted discussions on platforms like Reddit, where users share experiences and seek advice on safe handling practices.
Looking ahead, the US 2-EH market is poised for steady growth, supported by its critical role in producing plasticizers and fuel additives. However, stakeholders must navigate challenges such as raw material price volatility and health-related concerns to ensure sustainable development in this sector.
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Dow
BASF
Eastman
LG Chem
INEOS
KH Chemicals
Biesterfeld AG
SABIC
Arkema
Mitsubishi
Jiangsu Zhengdan Chemical Industry
Oxea-chemicals
Grupa Azoty
Luxi Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Liquid 2-Ethylhexanol Market
Plastics and Polymers
Coatings and Paints
Personal Care Products
Textiles and Fibers
Adhesives and Sealants
Construction
Automotive
Aerospace
Consumer Goods
Electronics
Industrial Grade
Cosmetic Grade
Laboratory Grade
Direct Sales
Distributors
Online Platforms
Liquid Form
Concentrates
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Liquid 2-Ethylhexanol Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Liquid 2-Ethylhexanol Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Liquid 2-Ethylhexanol Market, By Type
6. Global Liquid 2-Ethylhexanol Market, By Application
7. Global Liquid 2-Ethylhexanol Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Liquid 2-Ethylhexanol Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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