North America 2-Ethylhexanol Market Size, Share & Trends Analysis Report By Application (Plasticizers, 2-EH Acrylate, 2-EH Nitrate, and Other Applications), By End Use, By Country and Growth Forecast, 2024

Description

List of Tables

The North America 2-Ethylhexanol Market would witness market growth of 4.6% CAGR during the forecast period (2024-2031). In the year 2020, the North America market's volume surged to 316.51 kilo tonnes, showcasing a growth of 24.0% (2020-2023).

2-Ethylhexanol is widely used in the paints and coatings industry as a precursor for plasticizers, which enhance flexibility, durability, and overall performance. Its low volatility and excellent solvency properties make it an essential ingredient in the formulation of paints and varnishes. It helps improve the flow and leveling of coatings, leading to smooth application and superior finishes. With increasing demand for protective and decorative coatings in industries such as automotive, construction, and consumer goods, the consumption of 2-ethylhexanol is expected to rise. Therefore, in US, 230.84 kilo tonnes of 2-Ethylhexanol are expected to be utilized in paints and coatings by the year 2031.

The US market dominated the North America 2-Ethylhexanol Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $982.7 million by 2031. The Canada market is exhibiting a CAGR of 6.1% during (2024 - 2031). Additionally, The Mexico market would experience a CAGR of 5.5% during (2024 - 2031).

2-ethylhexanol (2-EH) is an organic compound belonging to the alcohol group, commonly used as a chemical intermediate in various industrial applications. With its versatile nature, 2-ethylhexanol is extensively used in producing plasticizers, lubricants, synthetic detergents, and as a solvent in various industries. The growing demand for 2-ethylhexanol is primarily driven by its widespread application in automotive, construction, pharmaceuticals, and food, coupled with an increasing focus on developing innovative chemical processes.

Also, 2-ethylhexanol is primarily used as a raw material for producing plasticizers, the key to enhancing the flexibility of polyvinyl chloride (PVC) and other polymer-based products. It is essential in producing phthalate plasticizers used in various applications such as cables, flooring materials, and medical devices. Another significant application of 2-ethylhexanol is its role as an intermediate in producing the solvent 2-ethylhexyl acrylate. This solvent is utilized to formulate coatings, adhesives, paints, and other specialty products. Additionally, 2-ethylhexanol is used to manufacture octyl alcohol and as a stabilizer for certain chemicals, further boosting its demand in the chemical industry.

Canada's construction industry is experiencing robust growth, with building construction investments increasing by 1.7% to $19.8 billion in November 2023. The residential sector saw a significant expansion of 2.2% to $13.7 billion, while the non-residential sector grew by 0.4% to $6.0 billion. This growth in construction activities directly impacts the demand for 2-ethylhexanol, which is used in producing plasticizers for flexible PVC products like flooring, roofing membranes, and wall coverings. These materials are essential in residential and commercial construction, providing durability, flexibility, and resistance to harsh environmental conditions. Expanding Canada's construction sector thus significantly contributes to the increased consumption of 2-ethylhexanol.

The simultaneous rise in automotive production in Mexico and the growth of the construction industry in Canada creates a synergistic effect on the 2-ethylhexanol market. The increased demand for flexible PVC products in these two sectors drives the need for more 2-ethylhexanol, critical for producing high-quality plasticizers. In conclusion, the rising automotive production in Mexico and the expanding construction industry in Canada are key drivers of growth in the market.

Based on Application, the market is segmented into Plasticizers, 2-EH Acrylate, 2-EH Nitrate, and Other Applications. Based on End Use, the market is segmented into Paints & Coatings, Adhesives, Industrial Chemicals, and Other End-uses. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

List of Key Companies Profiled

BASF SE
The Dow Chemical Company
DuPont de Nemours, Inc.
Saudi Basic Industries Corporation (SABIC)
Exxon Mobil Corporation
Arkema S.A.
Celanese Corporation
LyondellBasell Industries Holdings B.V.
INEOS Group Holdings S.A.
Eastman Chemical Company

North America 2-Ethylhexanol Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Plasticizers
2-EH Acrylate
2-EH Nitrate
Other Applications

By End Use (Volume, Kilo Tonnes, USD Billion, 2020-2031)

Paints & Coatings
Adhesives
Industrial Chemicals
Other End-uses

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

US
Canada
Mexico
Rest of North America

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 North America 2-Ethylhexanol Market, by Application
- 1.4.2 North America 2-Ethylhexanol Market, by End Use
- 1.4.3 North America 2-Ethylhexanol Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance

2.1 Key Highlights

Chapter 3. Market Overview

3.1 Introduction
- 3.1.1 Overview
  - 3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. North America 2-Ethylhexanol Market by Application

4.1 North America Plasticizers Market by Country
4.2 North America 2-EH Acrylate Market by Country
4.3 North America 2-EH Nitrate Market by Country
4.4 North America Other Applications Market by Country

Chapter 5. North America 2-Ethylhexanol Market by End-use

5.1 North America Paints & Coatings Market by Country
5.2 North America Adhesives Market by Country
5.3 North America Industrial Chemicals Market by Country
5.4 North America Other End-uses Market by Country

Chapter 6. North America 2-Ethylhexanol Market by Country

6.1 US 2-Ethylhexanol Market
- 6.1.1 US 2-Ethylhexanol Market by Application
- 6.1.2 US 2-Ethylhexanol Market by End-use
6.2 Canada 2-Ethylhexanol Market
- 6.2.1 Canada 2-Ethylhexanol Market by Application
- 6.2.2 Canada 2-Ethylhexanol Market by End-use
6.3 Mexico 2-Ethylhexanol Market
- 6.3.1 Mexico 2-Ethylhexanol Market by Application
- 6.3.2 Mexico 2-Ethylhexanol Market by End-use
6.4 Rest of North America 2-Ethylhexanol Market
- 6.4.1 Rest of North America 2-Ethylhexanol Market by Application
- 6.4.2 Rest of North America 2-Ethylhexanol Market by End-use

Chapter 7. Company Profiles

7.1 BASF SE
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 SWOT Analysis
7.2 The Dow Chemical Company
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
7.3 DuPont de Nemours, Inc.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Segmental and Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 SWOT Analysis
7.4 Eastman Chemical Company
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental and Regional Analysis
- 7.4.4 Research & Development Expense
- 7.4.5 SWOT Analysis
7.5 SABIC (Saudi Arabian Oil Company)
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Segmental and Regional Analysis
- 7.5.4 SWOT Analysis
7.6 Exxon Mobil Corporation
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 SWOT Analysis
7.7 Arkema S.A.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Segmental and Regional Analysis
- 7.7.4 Research & Development Expenses
- 7.7.5 SWOT Analysis
7.8 Celanese Corporation
- 7.8.1 Company Overview
- 7.8.2 Financial Analysis
- 7.8.3 Segmental and Regional Analysis
- 7.8.4 Research & Development Expenses
- 7.8.5 SWOT Analysis
7.9 LyondellBasell Industries Holdings B.V.
- 7.9.1 Company Overview
- 7.9.2 Financial Analysis
- 7.9.3 Segmental and Regional Analysis
- 7.9.4 Research & Development Expenses
- 7.9.5 SWOT Analysis
7.10. INEOS Group Holdings S.A.
- 7.10.1 Company Overview
- 7.10.2 Financial Analysis
- 7.10.3 Segmental and Regional Analysis
- 7.10.4 Research & Development Expense
- 7.10.5 SWOT Analysis

LIST OF TABLES

TABLE 1 North America 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 2 North America 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 3 North America 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 4 North America 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 5 North America 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 6 North America 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 7 North America 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 8 North America 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 9 North America Plasticizers Market by Country, 2020 - 2023, USD Million
TABLE 10 North America Plasticizers Market by Country, 2024 - 2031, USD Million
TABLE 11 North America Plasticizers Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 North America Plasticizers Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 North America 2-EH Acrylate Market by Country, 2020 - 2023, USD Million
TABLE 14 North America 2-EH Acrylate Market by Country, 2024 - 2031, USD Million
TABLE 15 North America 2-EH Acrylate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 North America 2-EH Acrylate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 North America 2-EH Nitrate Market by Country, 2020 - 2023, USD Million
TABLE 18 North America 2-EH Nitrate Market by Country, 2024 - 2031, USD Million
TABLE 19 North America 2-EH Nitrate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 North America 2-EH Nitrate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 North America Other Applications Market by Country, 2020 - 2023, USD Million
TABLE 22 North America Other Applications Market by Country, 2024 - 2031, USD Million
TABLE 23 North America Other Applications Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 North America Other Applications Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 North America 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 26 North America 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 27 North America 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 28 North America 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 29 North America Paints & Coatings Market by Country, 2020 - 2023, USD Million
TABLE 30 North America Paints & Coatings Market by Country, 2024 - 2031, USD Million
TABLE 31 North America Paints & Coatings Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 North America Paints & Coatings Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 North America Adhesives Market by Country, 2020 - 2023, USD Million
TABLE 34 North America Adhesives Market by Country, 2024 - 2031, USD Million
TABLE 35 North America Adhesives Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 North America Adhesives Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 North America Industrial Chemicals Market by Country, 2020 - 2023, USD Million
TABLE 38 North America Industrial Chemicals Market by Country, 2024 - 2031, USD Million
TABLE 39 North America Industrial Chemicals Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 North America Industrial Chemicals Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 North America Other End-uses Market by Country, 2020 - 2023, USD Million
TABLE 42 North America Other End-uses Market by Country, 2024 - 2031, USD Million
TABLE 43 North America Other End-uses Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 North America Other End-uses Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 North America 2-Ethylhexanol Market by Country, 2020 - 2023, USD Million
TABLE 46 North America 2-Ethylhexanol Market by Country, 2024 - 2031, USD Million
TABLE 47 North America 2-Ethylhexanol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 North America 2-Ethylhexanol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 US 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 50 US 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 51 US 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 52 US 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 53 US 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 54 US 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 55 US 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 56 US 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 57 US 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 58 US 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 59 US 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 60 US 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 61 Canada 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 62 Canada 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 63 Canada 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 64 Canada 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 65 Canada 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 66 Canada 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 67 Canada 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 68 Canada 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 69 Canada 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 70 Canada 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 71 Canada 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 72 Canada 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 73 Mexico 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 74 Mexico 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 75 Mexico 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 76 Mexico 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 77 Mexico 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 78 Mexico 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 79 Mexico 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 80 Mexico 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 81 Mexico 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 82 Mexico 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 83 Mexico 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 84 Mexico 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 85 Rest of North America 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 86 Rest of North America 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 87 Rest of North America 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 88 Rest of North America 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 89 Rest of North America 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 90 Rest of North America 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 91 Rest of North America 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 92 Rest of North America 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 93 Rest of North America 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 94 Rest of North America 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 95 Rest of North America 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 96 Rest of North America 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 97 Key Information - BASF SE
TABLE 98 Key Information - The Dow Chemical Company
TABLE 99 Key Information -DuPont de Nemours, Inc.
TABLE 100 Key Information - Eastman Chemical Company
TABLE 101 Key Information - SABIC
TABLE 102 Key Information - Exxon Mobil Corporation
TABLE 103 Key information - Arkema S.A.
TABLE 104 Key Information - Celanese Corporation
TABLE 105 Key Information - LyondellBasell Industries Holdings B.V.
TABLE 106 Key Information - INEOS Group Holdings S.A.

North America 2-Ethylhexanol Market Size, Share & Trends Analysis Report By Application (Plasticizers, 2-EH Acrylate, 2-EH Nitrate, and Other Applications), By End Use, By Country and Growth Forecast, 2024 - 2031