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2-Ethyl Hexyl Acetate Market: By Purity, By Application, By End-user, and Region Forecast 2019-2030
2-Ethyl Hexyl Acetate Market: By Purity, By Application, By End-user, and Region Forecast 2019-2030
2-Ethyl Hexyl Acetate Market size was valued at US$ 220 million in 2023 and is poised to grow at a CAGR of 4.4% from 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.
Study Period
2025-2031Base Year
2024CAGR
4.4%Largest Market
North-AmericaFastest Growing Market
Asia-Pacific
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’s 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
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Report Benchmarks |
Details |
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Report Study Period |
2025-2031 |
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Market Size in 2023 |
US$ 220 million |
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Market CAGR |
4.4% |
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By Purity |
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By Application |
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By End User |
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By Region |
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2-ethyl hexyl acetate market size was valued at US$ 220 million in 2023 and is poised to grow at a CAGR of 4.4% from 2024-2030.
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, 2020 - 2024 and Forecast 2025 - 2031 |
| 4.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 5.1. Purity ≥ 99% |
| 5.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 6.1. Industrial Solvents |
| 6.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 7.1. Automotive & Aerospace |
| 7.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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, 2020 - 2024 and Forecast, 2025 - 2031, (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 ,2020 - 2024 and Forecast 2025 - 2031 (Sales Value USD Million) |
| 9.1. Purity Analysis 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 ,2020 - 2024 and Forecast 2025 - 2031 (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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 ,2020 - 2024 and Forecast 2025 - 2031 (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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 ,2020 - 2024 and Forecast 2025 - 2031 (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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 ,2020 - 2024 and Forecast 2025 - 2031 (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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 2020 - 2024 and Forecast 2025 - 2031 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 |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.