Key Players in the Asia-Pacific 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)
(PRWEB) November 22, 2014
The Asia-Pacific 2-Ethylhexanol Market report defines and segments the concerned market for the in-depth analysis of the current trends and revenue forecasts. As per the report, this market is estimated to grow $5,618.6 million by 2018 at a CAGR of 5.5% from 2013 to 2018.
Browse through the Asia-Pacific 2-Ethylhexanol Market report TOC to get an idea of the in-depth analysis, market segmentation and key drivers, supported by various tables and figures.
2-Ethylhexanol (EH) 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.
According to the report, the escalation of industrialization in developing countries is depicted in the form of its real gross domestic product (Real GDP) and acts as an indicator of its development. With such enormous economic growth, owing majorly to various industries such as chemical, automobiles, building & construction, and others, the consumption of 2-ethylhexanol is expected to rise rapidly in the future. 2-EH is a petrochemical which is not available in different grades or with any particular specifications. It implies that the product is identical, irrespective of the supplier or the manufacturer; hence, the companies find it very difficult to enter or sustain in the market. In this situation, competitive pricing is the only way by which companies can have an edge over competitors. Now, the companies are always trying to reduce prices creating greater demand in the market. According to the report, this trend is a major driver for the market.
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The report covers the Asia-Pacific 2-ethylhexanol market, which has been segmented on the basis of applications and ingredients. The major applications of 2-ethylhexanol analyzed in the report include 2-ethylhexyl acrylate, 2-ethylhexyl nitrate, and plasticizers. By ingredients, it divides the market into propylene and syngas. Major regions covered in the report are the India, China, and Japan, among others.
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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 :
North America 2-Ethylhexanol Market
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 North America 2-ethylhexanol market was valued at $1,033.36 million in 2012, and is projected to reach $1,592.64 million by 2018, at a CAGR of 7.4%, for the given period. The North America 2-ethylhexanol market is mainly driven by the rising demand of increasing applications, technological advancements, and growing demand. It is largely used in industries such as plasticizers, 2-EH acrylate, and 2-EH nitrate.
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