Global Ethylhexanol Market by Product, Applications, Geographic and Key Players
2-Ethylhexanol Market is a high edge of boiling over, low instability dissolvable for fats, waxes, insect sprays and colors. It is a dreary fluid that is dissolvable in natural solvents and has emollient properties. It is basically used to produce low instability esters, for example, dioctyl phthalate. It is a critical element for assembling plasticizers, ointments and other substance items. It is mechanically created through aldol buildup of n-butyraldehyde, and ensuing hydrogenation of hydroxyaldehyde. It has applications in coatings and weighty metal businesses. It is utilized as an octane supporter when responded with nitric corrosive. 2-ethylhexanol is a vital feedstock for assembling a scope of synthetic compounds which is additionally utilized in enterprises like development, auto and paints among others. It is utilized as a wetting specialist in the material business.
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2-Ethylhexanol finds application primarily in the paints & coatings, adhesives, and construction industries. Robust growth of these industries globally, most notably in emerging economies, owing to increasing foreign investments and aggressive policies to support and drive domestic demand, is anticipated to be one of the key growth stimulants of the overall market.
ChemIntel360’s global 2-Ethylhexanol Market study is a 120+ slide report containing in-depth analysis on historical and forecasted spending and consumption patterns in the sector. We offer granular value and volume data from a global, regional, and applications perspective. The industry is expected to grow at a CAGR of 2.3% during the forecast period mainly due to growing consumption of 2-ethyl hexyl acrylate, which is used in the production of emulsion paints and surface coatings.
Scope
This study contains global and regional market size data - value and volume. The numbers are broken down by application (2-Ethylhexyl Acrylate, 2-Ethylhexyl Nitrate, Plasticizers, and others). The historical period runs through 2015-2020 and the forecasted period from 2021-2026.
Market Overview
The global 2-Ethylhexanol market, which grew from US$X.X billion in 2015 to US$X.X billion in 2019, dropped marginally to US$5.7 billion in 2020, due to the ongoing COVID-19 pandemic. Spending is expected to recover in 2021 to value US$X.X billion and increase to US$X.X billion in 2026 at a CAGR of X.X%. Cumulatively the market is expected to value US$X.X billion during the forecast period as compared to US$X.X billion during the historical period.
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key players present in the market are The Dow Chemical Co., BASF SE, Eastman Chemical Company, Sigma-Aldrich, SABIC Industries, Grupa Azoty Zakłady Azotowe Kędzierzyn Spółka Akcyjna, Mitsubishi Chemical Corporation, and LG Chem, Ltd.
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