Asia Pacific 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 Asia Pacific 2-Ethylhexanol Market would witness market growth of 5.2% CAGR during the forecast period (2024-2031). In the year 2022, the Asia Pacific market's volume surged to 2,205.00 kilo tonnes, showcasing a growth of 24.9% (2020-2023).

2-Ethylhexanol serves as a key intermediate in the production of numerous industrial chemicals, particularly phthalate and non-phthalate plasticizers, acrylates, and esters. These chemicals are extensively used in manufacturing PVC products, lubricants, and surfactants. Its chemical properties, such as high boiling point and solvency, make it suitable for diverse chemical processes. Industrial sectors, including textiles, packaging, and electronics, benefit from the adaptability of products derived from 2-ethylhexanol. Hence, in China, 175.12 kilo tonnes of 2-Ethylhexanol are expected to be utilized in industrial chemicals by the year 2031.

The China market dominated the Asia Pacific Industrial Chemicals Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $221.2 million by 2031. The Japan market is registering a CAGR of 5.1% during (2024 - 2031). Additionally, The India market would capture a CAGR of 6.7% during (2024 - 2031).

Bio-based plasticizers are increasingly considered environmentally friendly alternatives to traditional petrochemical-based plasticizers, promoting sustainability within packaging, construction, and healthcare industries. Another notable adoption trend is the increasing application of 2-ethylhexanol in the pharmaceutical and food industries. While its use is limited in these sectors, its role as an excipient in drug formulations and as a food-grade solvent has grown as regulatory bodies set more stringent guidelines for food safety and quality.

The market is influenced by several trends that shape its demand and growth. As industries and consumers become more environmentally conscious, the demand for sustainable alternatives to conventional chemicals has risen. The 2-ethylhexanol market is no exception, with companies investing in bio-based alternatives derived from renewable resources. Bio-based plasticizers, for example, are increasingly popular as they are considered safer for human health and the environment. The trend toward green chemistry is expected to continue as regulatory bodies enforce stricter environmental policies.

The market is significantly influenced by India's chemical and petrochemical industry. India is becoming a major player in the global chemical industry, with a market size estimated at $215 billion and projected to reach $300 billion by 2025. The production of major chemicals and petrochemicals reached 26,570 MT in 2022-23 (up to September 2022), reflecting the sector's robust growth. The expanding chemical industry in India increases the availability and application of 2-ethylhexanol in various sectors, including plasticizers, coatings, and adhesives. Given the rising demand for construction materials and automotive components in India's rapidly growing economy, the compound's role in manufacturing flexible PVC products is particularly crucial.

The increased production and application of 2-ethylhexanol in these major economies drive market growth and innovation. As automotive manufacturers and chemical producers seek to meet the rising demand for high-performance and durable products, the consumption of 2-ethylhexanol is expected to rise significantly. In conclusion, the rising automotive production in China and the growth of the chemical industry in India are pivotal factors propelling 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 China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.

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

Asia Pacific 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)

China
Japan
India
South Korea
Australia
Malaysia
Rest of Asia Pacific

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 Asia Pacific 2-Ethylhexanol Market, by Application
- 1.4.2 Asia Pacific 2-Ethylhexanol Market, by End Use
- 1.4.3 Asia Pacific 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. Asia Pacific 2-Ethylhexanol Market by Application

4.1 Asia Pacific Plasticizers Market by Country
4.2 Asia Pacific 2-EH Acrylate Market by Country
4.3 Asia Pacific 2-EH Nitrate Market by Country
4.4 Asia Pacific Other Applications Market by Country

Chapter 5. Asia Pacific 2-Ethylhexanol Market by End-use

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

Chapter 6. Asia Pacific 2-Ethylhexanol Market by Country

6.1 China 2-Ethylhexanol Market
- 6.1.1 China 2-Ethylhexanol Market by Application
- 6.1.2 China 2-Ethylhexanol Market by End-use
6.2 Japan 2-Ethylhexanol Market
- 6.2.1 Japan 2-Ethylhexanol Market by Application
- 6.2.2 Japan 2-Ethylhexanol Market by End-use
6.3 India 2-Ethylhexanol Market
- 6.3.1 India 2-Ethylhexanol Market by Application
- 6.3.2 India 2-Ethylhexanol Market by End-use
6.4 South Korea 2-Ethylhexanol Market
- 6.4.1 South Korea 2-Ethylhexanol Market by Application
- 6.4.2 South Korea 2-Ethylhexanol Market by End-use
6.5 Australia 2-Ethylhexanol Market
- 6.5.1 Australia 2-Ethylhexanol Market by Application
- 6.5.2 Australia 2-Ethylhexanol Market by End-use
6.6 Indonesia 2-Ethylhexanol Market
- 6.6.1 Indonesia 2-Ethylhexanol Market by Application
- 6.6.2 Indonesia 2-Ethylhexanol Market by End-use
6.7 Rest of Asia Pacific 2-Ethylhexanol Market
- 6.7.1 Rest of Asia Pacific 2-Ethylhexanol Market by Application
- 6.7.2 Rest of Asia Pacific 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 Asia Pacific 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 4 Asia Pacific 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 5 Asia Pacific 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 6 Asia Pacific 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 7 Asia Pacific 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 8 Asia Pacific 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 9 Asia Pacific Plasticizers Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Plasticizers Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Plasticizers Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 Asia Pacific Plasticizers Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 Asia Pacific 2-EH Acrylate Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific 2-EH Acrylate Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific 2-EH Acrylate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 Asia Pacific 2-EH Acrylate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 Asia Pacific 2-EH Nitrate Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific 2-EH Nitrate Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific 2-EH Nitrate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 Asia Pacific 2-EH Nitrate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 Asia Pacific Other Applications Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Other Applications Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Other Applications Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 Asia Pacific Other Applications Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 Asia Pacific 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 26 Asia Pacific 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 27 Asia Pacific 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 28 Asia Pacific 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 29 Asia Pacific Paints & Coatings Market by Country, 2020 - 2023, USD Million
TABLE 30 Asia Pacific Paints & Coatings Market by Country, 2024 - 2031, USD Million
TABLE 31 Asia Pacific Paints & Coatings Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 Asia Pacific Paints & Coatings Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 Asia Pacific Adhesives Market by Country, 2020 - 2023, USD Million
TABLE 34 Asia Pacific Adhesives Market by Country, 2024 - 2031, USD Million
TABLE 35 Asia Pacific Adhesives Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 Asia Pacific Adhesives Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 Asia Pacific Industrial Chemicals Market by Country, 2020 - 2023, USD Million
TABLE 38 Asia Pacific Industrial Chemicals Market by Country, 2024 - 2031, USD Million
TABLE 39 Asia Pacific Industrial Chemicals Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 Asia Pacific Industrial Chemicals Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 Asia Pacific Other End-uses Market by Country, 2020 - 2023, USD Million
TABLE 42 Asia Pacific Other End-uses Market by Country, 2024 - 2031, USD Million
TABLE 43 Asia Pacific Other End-uses Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 Asia Pacific Other End-uses Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 Asia Pacific 2-Ethylhexanol Market by Country, 2020 - 2023, USD Million
TABLE 46 Asia Pacific 2-Ethylhexanol Market by Country, 2024 - 2031, USD Million
TABLE 47 Asia Pacific 2-Ethylhexanol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 Asia Pacific 2-Ethylhexanol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 China 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 50 China 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 51 China 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 52 China 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 53 China 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 54 China 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 55 China 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 56 China 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 57 China 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 58 China 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 59 China 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 60 China 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 61 Japan 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 62 Japan 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 63 Japan 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 64 Japan 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 65 Japan 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 66 Japan 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 67 Japan 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 68 Japan 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 69 Japan 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 70 Japan 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 71 Japan 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 72 Japan 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 73 India 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 74 India 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 75 India 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 76 India 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 77 India 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 78 India 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 79 India 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 80 India 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 81 India 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 82 India 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 83 India 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 84 India 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 85 South Korea 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 86 South Korea 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 87 South Korea 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 88 South Korea 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 89 South Korea 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 90 South Korea 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 91 South Korea 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 92 South Korea 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 93 South Korea 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 94 South Korea 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 95 South Korea 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 96 South Korea 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 97 Australia 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 98 Australia 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 99 Australia 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 100 Australia 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 101 Australia 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 102 Australia 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 103 Australia 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 104 Australia 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 105 Australia 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 106 Australia 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 107 Australia 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 108 Australia 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 109 Indonesia 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 110 Indonesia 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 111 Indonesia 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 112 Indonesia 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 113 Indonesia 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 114 Indonesia 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 115 Indonesia 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 116 Indonesia 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 117 Indonesia 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 118 Indonesia 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 119 Indonesia 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 120 Indonesia 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 121 Rest of Asia Pacific 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 122 Rest of Asia Pacific 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 123 Rest of Asia Pacific 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 124 Rest of Asia Pacific 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 125 Rest of Asia Pacific 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 126 Rest of Asia Pacific 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 127 Rest of Asia Pacific 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 128 Rest of Asia Pacific 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 129 Rest of Asia Pacific 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 130 Rest of Asia Pacific 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 131 Rest of Asia Pacific 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 132 Rest of Asia Pacific 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 133 Key Information - BASF SE
TABLE 134 Key Information - The Dow Chemical Company
TABLE 135 Key Information -DuPont de Nemours, Inc.
TABLE 136 Key Information - Eastman Chemical Company
TABLE 137 Key Information - SABIC
TABLE 138 Key Information - Exxon Mobil Corporation
TABLE 139 Key information - Arkema S.A.
TABLE 140 Key Information - Celanese Corporation
TABLE 141 Key Information - LyondellBasell Industries Holdings B.V.
TABLE 142 Key Information - INEOS Group Holdings S.A.

Asia Pacific 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