Product Code: PM5180
The global 2-ethylhexanol market size is expected to reach USD 8.75 billion by 2034, according to a new study by Polaris Market Research. The report "2-Ethylhexanol Market Size, Share, Trends, Industry Analysis Report: By Application, End Use (Paint and Coatings, Adhesives, Industrial Chemicals, and Other), and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growth of the aerospace industry worldwide is driving the 2-ethylhexanol market growth. Airlines and manufacturers are expanding their operations by investing in new aircraft, due to which the demand for high-performance coatings and materials is increasing. 2-ethylhexanol is essential in producing these coatings, providing the flexibility needed for aerospace applications. Additionally, the aerospace industry's focus on safety and performance standards boosts the demand for quality materials. As more aircraft are produced and the global travel demand rises, the reliance on 2-ethylhexanol in the aerospace sector will continue to grow, impacting the 2-ethylhexanol market growth positively.
The growth of the automotive industry is significantly driving the 2-Ethylhexanol market. According to the International Organization of Motor Vehicle Organizations, in 2023, global vehicle sales rose by 12% compared to 2022, highlighting the growth of the industry. This growth has led to increased adoption of 2-ethylhexanol for lubricant and fuel additives.
The increasing use of 2-ethylhexanol in industries such as paints and industrial chemicals is fueling the 2-ethylhexanol market growth. Its function as a solvent enhances paint application, while its efficiency in formulations boosts product performance, resulting in heightened demand across a variety of sectors.
2-Ethylhexanol Market Report Highlights
By application, the plasticizers segment is expected to register the highest CAGR in the global market due to the increasing demand for plasticizers in pipes, flooring, and automotive components manufacturing.
The industrial chemical segment, based on end use, dominated the market in 2024 due to its importance across various applications such as coatings, adhesives, and surfactants.
In 2024, North America held the largest revenue share in the 2-ethylhexanol market due to the increasing demand for coatings in industries such as aerospace.
The 2-ethylhexanol market in India is projected for substantial growth due to the growth of the automotive industry in the country.
A few global key market players are Dow; BASF SE; Eastman Chemical Company; SABIC; SINOPEC; Mitsubishi Chemical Corporation; LG Chem, Ltd.; INEOS Holdings Limited; Formosa Plastic Group; and China National Petroleum Corporation.
Polaris Market Research has segmented the 2-ethylhexanol market report on the basis of application, end use, and region:
By Application (Volume, Kilo Tons, Revenue - USD Billion, 2020-2034)
Plasticizers
2-EH Acrylate
2-EH Nitrate
Other Applications
By End Use (Volume, Kilo Tons, Revenue - USD Billion, 2020-2034)
Paint and Coatings
Adhesives
Industrial Chemicals
Other
By Regional Outlook (Volume, Kilo Tons, Revenue - USD Billion, 2020-2034)
- North America
- US
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Australia
- Vietnam
- Rest of Asia Pacific
- Latin America
- Argentina
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
- Rest of MEA
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global 2-Ethylhexanol Market Insights
- 4.1. 2-Ethylhexanol Market - Market Snapshot
- 4.2. 2-Ethylhexanol Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Growth of the automotive industry is driving the market size
- 4.2.1.2. Increase in the adoption of 2-ethylhexanol is driving the 2-ethylhexanol market growth
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Regulatory Scrutiny and Raw Material Price Fluctuations
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. 2-Ethylhexanol Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global 2-Ethylhexanol Market, by Application
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 5.3. Plasticizers
- 5.3.1. Global 2-Ethylhexanol Market, by Plasticizers, by Region, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 5.4. 2-EH Acrylate
- 5.4.1. Global 2-Ethylhexanol Market, by 2-EH Acrylate, by Region, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 5.5. 2-EH Nitrate
- 5.5.1. Global 2-Ethylhexanol Market, by 2-EH Acrylate, by Region, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 5.6. Others
- 5.6.1. Global 2-Ethylhexanol Market, by Others, by Region, 2020-2034 (Volume, Kilo Tons, USD Billion)
6. Global 2-Ethylhexanol Market, by End Use
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 6.3. Paint and Coatings
- 6.3.1. Global 2-Ethylhexanol Market, by Paint and Coatings, by Region, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 6.4. Adhesives
- 6.4.1. Global 2-Ethylhexanol Market, by Adhesives, by Region, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 6.5. Industrial Chemicals
- 6.5.1. Global 2-Ethylhexanol Market, by Industrial Chemicals, by Region, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 6.6. Other
- 6.6.1. Global 2-Ethylhexanol Market, by Other, by Region, 2020-2034 (Volume, Kilo Tons, USD Billion)
7. Global 2-Ethylhexanol Market, by Geography
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. 2-Ethylhexanol Market Assessment, By Geography, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.3. 2-Ethylhexanol Market - North America
- 7.3.1. North America: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.3.2. North America: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.3.3. 2-Ethylhexanol Market - U.S.
- 7.3.3.1. U.S.: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.3.3.2. U.S.: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.3.4. 2-Ethylhexanol Market - Canada
- 7.3.4.1. Canada: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.3.4.2. Canada: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4. 2-Ethylhexanol Market - Europe
- 7.4.1. Europe: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.2. Europe: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.3. 2-Ethylhexanol Market - UK
- 7.4.3.1. UK: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.3.2. UK: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.4. 2-Ethylhexanol Market - France
- 7.4.4.1. France: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.4.2. France: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.5. 2-Ethylhexanol Market - Germany
- 7.4.5.1. Germany: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.5.2. Germany: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.6. 2-Ethylhexanol Market - Italy
- 7.4.6.1. Italy: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.6.2. Italy: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.7. 2-Ethylhexanol Market - Spain
- 7.4.7.1. Spain: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.7.2. Spain: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.8. 2-Ethylhexanol Market - Netherlands
- 7.4.8.1. Netherlands: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.8.2. Netherlands: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.9. 2-Ethylhexanol Market - Russia
- 7.4.9.1. Russia: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.9.2. Russia: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.10. 2-Ethylhexanol Market - Rest of Europe
- 7.4.10.1. Rest of Europe: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.4.10.2. Rest of Europe: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5. 2-Ethylhexanol Market - Asia Pacific
- 7.5.1. Asia Pacific: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.2. Asia Pacific: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.3. 2-Ethylhexanol Market - China
- 7.5.3.1. China: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.3.2. China: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.4. 2-Ethylhexanol Market - India
- 7.5.4.1. India: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.4.2. India: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.5. 2-Ethylhexanol Market - Malaysia
- 7.5.5.1. Malaysia: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.5.2. Malaysia: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.6. 2-Ethylhexanol Market - Japan
- 7.5.6.1. Japan: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.6.2. Japan: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.7. 2-Ethylhexanol Market - Indonesia
- 7.5.7.1. Indonesia: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.7.2. Indonesia: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.8. 2-Ethylhexanol Market - South Korea
- 7.5.8.1. South Korea: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.8.2. South Korea: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.9. 2-Ethylhexanol Market - Australia
- 7.5.9.1. Australia: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.9.2. Australia: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.10. 2-Ethylhexanol Market - Rest of Asia Pacific
- 7.5.10.1. Rest of Asia Pacific: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.5.10.2. Rest of Asia Pacific: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6. 2-Ethylhexanol Market - Middle East & Africa
- 7.6.1. Middle East & Africa: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.2. Middle East & Africa: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.3. 2-Ethylhexanol Market - Saudi Arabia
- 7.6.3.1. Saudi Arabia: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.3.2. Saudi Arabia: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.4. 2-Ethylhexanol Market - UAE
- 7.6.4.1. UAE: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.4.2. UAE: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.5. 2-Ethylhexanol Market - Israel
- 7.6.5.1. Israel: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.5.2. Israel: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.6. 2-Ethylhexanol Market - South Africa
- 7.6.6.1. South Africa: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.6.2. South Africa: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.7. 2-Ethylhexanol Market - Rest of Middle East & Africa
- 7.6.7.1. Rest of Middle East & Africa: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.6.7.2. Rest of Middle East & Africa: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7. 2-Ethylhexanol Market - Latin America
- 7.7.1. Latin America: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7.2. Latin America: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7.3. 2-Ethylhexanol Market - Mexico
- 7.7.3.1. Mexico: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7.3.2. Mexico: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7.4. 2-Ethylhexanol Market - Brazil
- 7.7.4.1. Brazil: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7.4.2. Brazil: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7.5. 2-Ethylhexanol Market - Argentina
- 7.7.5.1. Argentina: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7.5.2. Argentina: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7.6. 2-Ethylhexanol Market - Rest of Latin America
- 7.7.6.1. Rest of Latin America: 2-Ethylhexanol Market, by Application, 2020-2034 (Volume, Kilo Tons, USD Billion)
- 7.7.6.2. Rest of Latin America: 2-Ethylhexanol Market, by End Use, 2020-2034 (Volume, Kilo Tons, USD Billion)
8. Competitive Landscape
- 8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
- 8.2. Partnerships/Collaborations/Agreements/Exhibitions
9. Company Profiles
- 9.1. Dow
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Application Benchmarking
- 9.1.4. Recent Development
- 9.2. BASF SE
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Application Benchmarking
- 9.2.4. Recent Development
- 9.3. Eastman Chemical Company
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Application Benchmarking
- 9.3.4. Recent Development
- 9.4. SABIC
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Application Benchmarking
- 9.4.4. Recent Development
- 9.5. SINOPEC
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Application Benchmarking
- 9.5.4. Recent Development
- 9.6. Mitsubishi Chemical Corporation
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Application Benchmarking
- 9.6.4. Recent Development
- 9.7. LG Chem, Ltd.
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Application Benchmarking
- 9.7.4. Recent Development
- 9.8. INEOS Holdings Limited
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Application Benchmarking
- 9.8.4. Recent Development
- 9.9. Formosa Plastic Group
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Application Benchmarking
- 9.9.4. Recent Development
- 9.10. China National Petroleum Corporation
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Application Benchmarking
- 9.10.4. Recent Development