2-Ethylhexanol Market: By Application (Plasticizers, 2-EH Acrylate, 2-EH Nitrate, Others), End-User Industry (Paint and Coatings, Adhesives, Pharmaceutical, Industrial Chemicals, Others) and Geography

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2-Ethylhexanol Market Size was valued at USD 6,032.7 million in 2022 and is poised to grow at a CAGR of 2.7% over 2023-2029. 2-Ethylhexanol is an organic compound with formula C8H18O that is a colorless liquid and is insoluble in water but is soluble in organic solvents that are used to make the vinyl chloride plasticizer, bis (2-ethyl hexyl) phthalate. The increased demand for plasticizers in the construction industry drives the 2-Ethylhexanol market. According to AGC, the Construction Association, the construction industry has expanded tremendously in the US and creates nearly $1.8 trillion worth of structures each year. Furthermore, the expansion of the chemical industry, particularly in emerging economies is anticipated to propel the market in upcoming years. According to the European Chemical Industry Council (CEFIC), the sales of chemicals globally were approximately €4,026 billion in 2021. The growing emphasis on sustainability and ecologically friendly products has created several opportunities for the development of biodegradable plasticizers that include 2-ethylhexanol as a component. Additionally, due to regulatory concerns and consumer desires for safer plastic products, increasing trend towards the usage of non-phthalate plasticizers, particularly those based on 2-ethylhexanol. But, the constant fluctuation of prices of raw materials particularly of n-butanol, along with increased regulatory restrictions and environmental concerns for the manufacturing and usage of 2-Ethylhexanol-based products, especially in plasticizers may hinder the market growth. However, increasing demand for plastics in industries, increased demand for solvents in various industries such as pharmaceuticals, personal care, and agrochemicals, emergence of new companies, and increase in competition are anticipated to burgeon the market during forecasted years.

2-Ethylhexanol Market Key Development:
  • In June 2022, Leading specialty chemicals innovator Perstorp introduced 2-Ethylhexanol based on 25% renewable raw material according to a traceable mass balance concept. -EH Pro 25 is designed to reduce the carbon footprint throughout the value chain where it is used to support sustainable sourcing of renewable and recycled raw materials.
  • In May 2021, BPCL's petrochemical launched 2 Ethyl Hexanol products from the world-class Oxo Alcohol Unit of Bharat Petroleum Propylene Derivative Petrochemical Complex at Kochi Refinery.

2-Ethylhexanol Market Summary

Study Period


Base Year




Largest Market

Asia Pacific

Fastest Growing Market

Asia Pacific
2-Ethylhexanol Market Dynamics

The increased demand for Plasticizers is anticipated to propel the market during the forecast years. The wide range of applications of 2-Ethylhexanol as a key intermediate in the production of various plasticizers in industries such as construction, automotive, and electronics drives the market. The 2-Ethylhexanol is a vital raw material for the production of Dioctyl phthalate (DOP), dioctyl terephthalate (DOTP), diisononyl phthalate (DINP), and other plasticizers. Plasticizers are additions that make plastic and polymer materials more flexible, workable, and durable. The increased use of plasticizers in the packaging industries like films, coatings, and others is anticipated to propel the market during forecast years. Due to the broad and ongoing demand for flexible and adaptable plastic products in various industries, plasticizers dominate the 2-Ethylhexanol market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
  • 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-Ethylhexanol Market Segmentation

By Application
  • Plasticizers
  • Ethylhexyl Acrylate
  • 2-Ethylhexyl Nitrate
  • Others
By End User
  • Paint and Coatings
  • Adhesives
  • Pharmaceutical
  • Industrial Chemicals
  • Others
By Geography
  • North America
  • Europe
  • The Asia Pacific
  • Latin America
  • MEA
  • Rest of MEA

Frequently Asked Questions

The 2-Ethylhexanol market valued at USD 6,032.7 Million in 2022 and is expected to grow at 2.7% CAGR over the forecast period 2023 – 2029.

The growing emphasis on sustainability and ecologically friendly products has created several opportunities for the development of biodegradable plasticizers that include 2-ethylhexanol as a component.

The usage of non-phthalate plasticizers, particularly those based on 2-ethyl hexanol due to regulatory concerns and consumer desires for safer plastic products is trending in the market

Arak Petrochemical Corporation, BASF SE, China National Petroleum Corporation, Eastman Chemical Company, Formosa Plastics Corporation, Grupa Azoty, INEOS, LG Chem, Ltd., Mitsubishi Chemical Corporation, Nan Ya Plastics Corporation, OXEA GmbH, Perstorp, SABIC Industries, Sigma-Aldrich, Sinopec, and The Dow Chemical Co. are a few companies operating in 2-Ethylhexanol market.

Asia Pacific dominates the market, and is anticipated to grow with 3% CAGR over the forecast period 2023-2029.

  • Arak Petrochemical Corporation
  • China National Petroleum Corporation
  • Eastman Chemical Company
  • Formosa Plastics Corporation
  • Grupa Azoty
  • LG Chem, Ltd.
  • Mitsubishi Chemical Corporation
  • Nan Ya Plastics Corporation
  • OXEA GmbH
  • Perstorp
  • SABIC Industries
  • Sigma-Aldrich
  • Sinopec
  • The Dow Chemical Co.