360 MARKET UPDATES Report provides a 360-degree overview of the global 2-Ethylhexanol Market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
Report Title: “Global 2-Ethylhexanol Market – Segmented by Application and Geography – Growth, Trends, and Forecast (2018 – 2023)”
Global “2-Ethylhexanol Market” is expected to register a CAGR of approximately XX% during the forecast period of (2018 – 2023). Also, 2-Ethylhexanol Market report provides the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and 2-Ethylhexanol Analysis.
2-Ethylhexanol market Report provides a 360-degree overview of the global 2-Ethylhexanol market with special emphasis on all aspects including drivers, restraints, and opportunities, market and regional segmentation.
2-Ethylhexanol Market Report Covers Leading Manufacturers: BASF Corporation, China National Petroleum Corporation, China Petrochemical Corporation (Sinopec), DowDuPont, Eastman Chemical Company, Elekeiroz, Formosa Plastic Group, Grupa Azoty, INEOS, LG Chem., Meryer (Shanghai) Chemical Technology Co. Ltd., OXEA GmbH, SABIC, Tianjin Zhongxin Chemtech Co. Ltd., West Shandong Chemical Industry Co., Ltd.
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The market for 2-ethylhexanol is expected to register a significant growth during 2018 to 2023 (the forecast period).The significant growth will be majorly driven by the growing demand for plasticizers in industrial applications.
Growing Demand for Plasticizers in Industrial Applications
The major driving factor for 2-ethylhexanol market is the high demand for production of phthalate and non-phthalate plasticizers, which have important industrial applications, like construction/remodeling, automotive production, and original equipment manufacture (OEM). The largest application segment for 2-ethylhexano market is the plasticizer dioctyl phthalate (DOP), which is used in the manufacture polyvinyl chloride (PVC) products. The growing PVC industry is set to fuel the market growth of the global 2-ethylhexanol market in the forecast period.
2-Ethylhexanol (2-EH) Acrylate Application Segment to Fuel the Market Growth
Among the other applications, 2-EH Acrylate holds the highest market growth rate of the global 2-ethylhexanol market. 2-EH acrylate is majorly used as a reactive building block to produce polymer coatings, adhesives and sealants, superabsorbents, thickeners, and plastic additives. The greatly growing demand for coatings, adhesives and sealants from the end user, like the construction industry, is further helpful in fueling market growth for 2-EH acrylate, which in turn drives the demand for global 2-ethylhexanol market in the near future.
Asia-Pacific to Ignite the Market Growth
By geography, Asia-Pacific held the largest share in the 2-ethylhexanol market. In Asia-pacific, China alone accounts for almost half of the regional market share. The demand for 2-ethylhexanol in the region is majorly driven by growing demand for plasticizers in emerging economies, like China, India, Vietnam, and Indonesia. It even registers the second-highest growth rate in the global 2-ethylhexanol market. The large market size, along with the significant growth rate of Asia-Pacific, is quite instrumental in expansion of the global 2-ethylhexanol market.
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Reasons to Purchase 2-Ethylhexanol Market Report:
- Identification of key factors instrumental in changing the market scenario, exploiting new opportunities, and gaining a competitive edge.
- Analysing various perspectives of the market with the help of Porter’s five forces analysis.
- The authentication mode is likely to witness the highest adoption of these systems in the market.
- The regions that are expected to witness the fastest growth during the forecast period.
- The SWOT analysis for key players and a detailed study of their current strategic interests and key financial performance indicators.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
“We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.”
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