- Purity ≥ 99%
- Purity < 99%
2-Ethyl Hexyl Acetate Market size was valued at USD 220 million in 2023 and is poised to grow at a CAGR of 4.4% over 2024-2030. 2-Ethylhexyl Acetate is a clear, polar solvent with low volatility, suitable as a carrier solvent for nitrocellulose production and many other natural and synthetic resins used in a wide range of industrial applications. The growing demand for paints and coatings owing to the increase in the construction of residential and commercial buildings is anticipated to drive the market. Furthermore, the increased usage of automotive coatings, adhesives, and sealants in the automotive industry that are formulated from 2-EthylHexyl Acetate is anticipated to propel the market during the forecast period.
Additionally, opportunities for the development and commercialization of environmentally friendly and sustainable solvents, such as bio-based 2-Ethylhexyl Acetate, are being created by rising environmental concerns and legislation. Currently, the adoption of low-VOC and eco-friendly coatings, paints, and adhesives compared to other solvents is becoming popular in the market. But, the increased and volatile price of raw material along with the increased health concerns related to solvent handling and exposure in industrial settings may hinder the market growth. However, the increased demand for paints & coatings from the automotive and aerospace industry, increasing demand for cleaners, cosmetics, and personal care products, chemical industrial growth and growth in automotive and transportation industry are anticipated to burgeon the market during forecast years.
2-Ethyl Hexyl Acetate Market Recent Key Developments:
- According to ACEA, in 2022, 85.4 million motor vehicles were produced around the world, an increase of 5.7% compared to 2021.
2-Ethyl Hexyl Acetate Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
4.4%
Largest Market
North America
Fastest Growing Market
Asia Pacific
2-Ethyl Hexyl Acetate Market Dynamics
The market is expected to rise owing to the increased usage of industrial solvents in various industries especially the paints and coatings industry, which is expected to grow during the forecast period. Furthermore, due to its decreased VOC content, it is a favoured substitute for conventional solvents like chlorinated solvents. In the leather industry, 2-ethylhexyl acetate is frequently used as a dyeing and finishing solvent where it helps with film formation and flow. The increased demand for construction in developing and developed countries drives the 2-EthylHexyl Acetate market. The market for industrial solvents has increased as a result of rapid industrial growth, particularly in emerging economies. Both established and emerging regions are seeing an increase in the use of special-purpose paints and coatings.
North-America Got Significant Share
2-Ethyl Hexyl Acetate Market Regional Analysis
North America’s 2-Ethyl Hexyl Acetate market is poised to grow at 4.5% CAGR over the forecast period owing to the highly developed paints & coatings industries. U.S. Additionally, a sizable increase in demand is anticipated for printing inks, cosmetics, and personal care items. The expansion of these sectors is anticipated to dramatically increase demand for 2-Ethylhexyl acetate in the United States.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The 2-Ethyl Hexyl acetate market report provides granular level information about the market size, regional market share, historic market (2019-2023) and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
2-Ethyl Hexyl Acetate Market Segmentation
By Purity
By Application
- Industrial Solvents
- Performance Chemicals
By End User
- Automotive & Aerospace
- Paints & Coatings
- Leather Industry
- Cleaners & Paint Stripping System
- Others
Frequently Asked Questions
The 2-ethyl hexyl acetate market valued at USD 220 million in 2022 and is expected to grow at 4.4% CAGR over the forecast period 2023 – 2029.
The growing demand for paints and coating owing to the increase in the construction of residential and commercial buildings is anticipated to drive the market.
Eastman, BASF, Dow Chemical Company, Arkema, Chemoxy International, Polynt, Hallalpooyan Company, Jiangsu Jurong Chemical, Suzhou Shengyu Chemical, Silver Fern Chemical are a few companies operating in 2-EthylHexyl Acetate market.
North America is anticipated to grow with 4.5% CAGR over the forecast period 2023-2029.
| 1.Executive Summary |
| 2.Global 2-Ethyl Hexyl Acetate Market Introduction |
| 2.1.Global 2-Ethyl Hexyl Acetate Market - Taxonomy |
| 2.2.Global 2-Ethyl Hexyl Acetate Market - Definitions |
| 2.2.1.Purity |
| 2.2.2.Application |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global 2-Ethyl Hexyl Acetate Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global 2-Ethyl Hexyl Acetate Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global 2-Ethyl Hexyl Acetate Market By Purity, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Purity ≥ 99% |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Purity < 99% |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global 2-Ethyl Hexyl Acetate Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Industrial Solvents |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Performance Chemicals |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7.Global 2-Ethyl Hexyl Acetate Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Automotive & Aerospace |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Paints & Coatings |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Leather Industry |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Cleaners & Paint Stripping System |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Others |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global 2-Ethyl Hexyl Acetate Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America 2-Ethyl Hexyl Acetate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Purity Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Purity ≥ 99% |
| 9.1.2.Purity < 99% |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Industrial Solvents |
| 9.2.2.Performance Chemicals |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Automotive & Aerospace |
| 9.3.2.Paints & Coatings |
| 9.3.3.Leather Industry |
| 9.3.4.Cleaners & Paint Stripping System |
| 9.3.5.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe 2-Ethyl Hexyl Acetate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Purity Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Purity ≥ 99% |
| 10.1.2.Purity < 99% |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Industrial Solvents |
| 10.2.2.Performance Chemicals |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Automotive & Aerospace |
| 10.3.2.Paints & Coatings |
| 10.3.3.Leather Industry |
| 10.3.4.Cleaners & Paint Stripping System |
| 10.3.5.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) 2-Ethyl Hexyl Acetate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Purity Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Purity ≥ 99% |
| 11.1.2.Purity < 99% |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Industrial Solvents |
| 11.2.2.Performance Chemicals |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Automotive & Aerospace |
| 11.3.2.Paints & Coatings |
| 11.3.3.Leather Industry |
| 11.3.4.Cleaners & Paint Stripping System |
| 11.3.5.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) 2-Ethyl Hexyl Acetate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Purity Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Purity ≥ 99% |
| 12.1.2.Purity < 99% |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Industrial Solvents |
| 12.2.2.Performance Chemicals |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Automotive & Aerospace |
| 12.3.2.Paints & Coatings |
| 12.3.3.Leather Industry |
| 12.3.4.Cleaners & Paint Stripping System |
| 12.3.5.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America 2-Ethyl Hexyl Acetate Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Purity Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Purity ≥ 99% |
| 13.1.2.Purity < 99% |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Industrial Solvents |
| 13.2.2.Performance Chemicals |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Automotive & Aerospace |
| 13.3.2.Paints & Coatings |
| 13.3.3.Leather Industry |
| 13.3.4.Cleaners & Paint Stripping System |
| 13.3.5.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Eastman |
| 14.2.2.BASF |
| 14.2.3.Dow Chemical Company |
| 14.2.4.Arkema |
| 14.2.5.Chemoxy International |
| 14.2.6.Polynt |
| 14.2.7.Hallalpooyan Company |
| 14.2.8.Jiangsu Jurong Chemical |
| 14.2.9.Suzhou Shengyu Chemical |
| 14.2.10.Silver Fern Chemical |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Eastman
- BASF
- Dow Chemical Company
- Arkema
- Chemoxy International
- Polynt
- Hallalpooyan Company
- Jiangsu Jurong Chemical
- Suzhou Shengyu Chemical
- Silver Fern Chemical