Key Players in the European 2-Ethylhexanol Market are BASF SE, CNPC, Eastman Chemical Company (U.S.), OXEA GMBH (U.S.), CPCC, Grupa Azoty, Sabic, Elekeiroz SA, LG Chem Ltd, SINOPEC (China), OXEA GmbH (Germany)
(PRWEB) November 11, 2014
The European 2-Ethylhexanol Market report defines and segments the concerned market in Europe with analysis and forecast of revenue. This market is estimated to grow $1,530.4 million by 2018 at a CAGR of 3.6% from 2013 to 2018.
Browse through the TOC of the Europe 2-Ethylhexanol Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentation in market, and is supported by various tables and figures.
2-Ethylhexanol is a colorless, combustible liquid that is poorly soluble in water but soluble in most organic solvents. It is produced by a three-step process involving the aldol self-condensation of n-butyraldehyde followed by dehydration and hydrogenation. N-butyraldehyde itself is produced by the catalytic hydroformylation of propylene with synthesis gas. It is an important feed stock used to manufacture various chemicals that further serve diverse industries that include automotive, paints, building & construction, and various other manufacturing industries.
The European region is an uncertain market due to currency fluctuations; where the availability from the supplier’s side has improved, global economic uncertainty, along with tighter lending and inflation-curbing measures, have limited export activity. The market has stabilized as summer downstream shutdowns and slow consumption have improved the stability of spot businesses. Looking forward, an anticipated improvement in supplies and better markets for poly vinyl chloride (PVC) and paints resulting from a recovering economy are expected to keep 2-ethylhexanol prices steady to higher through late 2014.
2-ethylhexyl (EH) acrylate is majorly used as a reactive building block to produce polymer coatings, adhesives, and sealants. As per the applications of 2-EH acrylates, the construction industry is a major factor driving the demand for this chemical in the region.
Speak to Analyst @
The report covers the European 2-ethylhexanol market, which has been segmented on the basis of applications and ingredients. The major applications of 2-ethylhexanol include 2-ethylhexyl acrylate, 2-ethylhexyl nitrate, and plasticizers. By ingredients, this market has been divided into propylene and syngas. Major regions covered in the report are the United Kingdom, France, and Germany, among others.
Early buyers will receive 10% customization on this report.
This report includes market shares and value chain analyses, along with market metrics such as drivers and restraints. In addition, it presents a competitive landscape and company profiles of the key players in this market.
Related Reports :
The 2-ethylhexanol market is witnessing high growth because of the increase in the number of applications. The report estimates the size of the 2-ethylhexanol market in terms of volume and value. The report provides a comprehensive review of the key market drivers, challenges, and issues.
The Asia Pacific 2-ethylhexanol market was valued at $4,487.18 million in 2012, and is projected to reach $6,116.23 million by 2018, at a CAGR of 6.4%, for the given period. The Asia Pacific 2-ethylhexanol market is mainly driven by the rising demand of increasing applications, technological advancements, and growing demand in the Asia-Pacific region. It is largely used in industries such as plasticizers, 2-EH acrylate, and 2-EH nitrate.
About MicroMarket Monitor :
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.
Mr. Chandrasekhar K.
5601 Bridge Street
Fort Worth, TX 76112
Connect with us on LinkedIn at http://www.linkedin.com/company/micromarketmonitor.