India 2-ethylhexanol (2-EH) market size reached 86.8 Thousand Metric Tonnes in 2023. Looking forward, IMARC Group expects the market to reach 127.2 Thousand Metric Tonnes by 2032, exhibiting a growth rate (CAGR) of 3.70% during 2024-2032. The increasing demand for resins and adhesives, which find applications in industries like woodworking, packaging, and automotive, is driving the market.
Report Attribute
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Key Statistics
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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86.8 Thousand Metric Tonnes |
Market Forecast in 2032
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127.2 Thousand Metric Tonnes |
Market Growth Rate 2024-2032 | 3.70% |
2-ethylhexanol (2-EH) is a colorless liquid alcohol with a molecular formula of C8H18O. It is a versatile chemical compound widely used in various industrial applications. One of its primary uses is as a precursor in the production of plasticizers, particularly dioctyl phthalate (DOP), which is employed to impart flexibility to PVC (polyvinyl chloride) products like vinyl flooring and cable insulation. Additionally, 2-EH serves as a solvent in the manufacturing of coatings, adhesives, and inks. Its unique chemical properties make it a valuable intermediate in the synthesis of diverse chemicals. Despite being flammable, 2-ethylhexanol is favored for its low volatility and high boiling point, contributing to its suitability for multiple industrial processes. Its significance in the chemical industry underscores its role as a key component in the synthesis of materials that enhance the performance and functionality of various everyday products.
The 2-ethylhexanol (2-EH) market in India has witnessed a surge in market demand owing to its versatile applications across various industries. Firstly, the escalating demand for plasticizers in the polymer industry has been a key driver, propelling the 2-EH market forward. As a primary raw material for plasticizers, 2-EH enhances the flexibility and durability of plastics, making them indispensable for the production of PVC, which is essential in the construction and automotive sectors. Moreover, the robust growth in the paints and coatings industry serves as another pivotal driver for the 2-EH market. As a crucial solvent, 2-EH is extensively used in the formulation of coatings, varnishes, and adhesives, meeting the evolving demands of the construction and manufacturing sectors. Furthermore, the burgeoning demand for 2-EH in the manufacturing of esters, which are widely utilized in the production of synthetic lubricants, contributes significantly to the market's momentum. In addition to these factors, the expanding regional consumer market for personal care and cosmetics has heightened the demand for 2-EH as an essential ingredient in the production of emollients and other cosmetic formulations. This burgeoning demand underscores 2-EH's pivotal role in diverse industries, positioning it as a key player in the chemical market landscape. As industries continue to evolve, the 2-EH market in India is poised for sustained growth, driven by its integral role in multiple manufacturing processes.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on product type and application.
Product Type Insights:
The report has provided a detailed breakup and analysis of the market based on the product type. This includes lower than 99% purity, 99%-99.5% purity, and higher than 99.5% purity.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes plasticizer (DOP), 2 EHA derivatives, lubricant additive, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Units | Thousand Metric Tonnes |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Product Types Covered | Lower than 99% Purity, 99%-99.5% Purity, Higher than 99.5% Purity |
Applications Covered | Plasticizer (DOP), 2 EHA Derivatives, Lubricant Additive, Others |
Regions Covered | North India, West and Central India, South India, East and Northeast India |
Customization Scope | 10% Free Customization |
Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |