Global 2-Ethylhexanol Market – Analysis & Forecasts to 2022 – Research and Markets
DUBLIN–(BUSINESS WIRE)–The "Global
2-Ethylhexanol Market – Size, Share and Forecast (2017 – 2022)"
report has been added to Research and Markets' offering.
The growing demand for plasticizers in industrial applications is
driving the global 2-ethylhexanol (2-EH) market. 2-Ethylhexanol is a
colorless liquid, which is rarely soluble in water and highly soluble in
organic solvents. It is industrially produced through aldol condensation
of n-butyraldehyde, and subsequent hydrogenation of hydroxyaldehyde. It
is used to manufacture low volatility esters, such as, dioctylphthalate.
It is also used in low volatility solvents for resins, vegetable oils,
animal fats, resins, and petroleum derivatives.
The major driving factor for 2-ethylhexanol market is the growing demand
for the production of phthalate and non-phthalate plasticizers that have
important industrial applications. Another important driver for this
market is the presence of stringent emission norms that are pushing the
demand for high-performance fuels, and further fueling the 2-EH nitrate
production.
The market is further boosted by the development of Low-Pressure Oxo
Technology that can be used for the production of 2-ethylhexanol.
Increasing carbon emission levels, along with concerns for developing
fuel-efficiency, has presented various opportunities for the growth of
2-EH as a fuel and lube additive, by serving as a cetane improver in
diesel engines. On the basis of application type, plasticizers segment
held the highest market share, due to various industrial applications of
plasticizers.
The major challenge for the global acrylic fibers market is the toxic
nature of 2-EH that results in dizziness, headache, throat irritation,
and sore eyes. Environmental and health concerns have led to the
restrictions on production of dioctyl phthalate (DOTP) in Asian (Korea
and Japan) and North American (the United States and Canada) markets.
Companies Mentioned:
- BASF SE
- Chengdu XiYa Chemical Technology Co. Ltd.
- China National Petroleum Corporation
- Eastman Chemical Company
- Elekeiroz S.A.
- Formosa Plastic Group
- Grupa Azoty
- INEOS
- LG Chem Limited
- Meryer (Shanghai) Chemical Technology Co. Ltd.
- Saudi Basic Industries Corporation
- Sinopec
- Dow Chemical Company
- Tianjin Zhongxin Chemtech Co. Ltd.
- Zak S.A.
- Others
Key Topics Covered:
1. Introduction
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Future of the Market
8. Competitive Landscape
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/95gglz/global
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