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Asia-Pacific 2-Ethylhexanol Market - Research Report

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2-EH is an oxo alcohol with an eight-carbon-branched chain. It is versatile solvent with an excellent reactivity as a chemical intermediate, which is widely used as a feedstock for manufacturing plasticizers, 2-EH acrylate, and 2-EH nitrate. It also is used as dispersing agent for pigment paste.

In recent years, the Asia-Pacific 2-Ethylhexanol Market has been faced with a huge demand from industry verticals such as building & construction, automotive, electrical & electronics, and so on. This demand is also derived from the rapid industrialization across the developing economies of the region, combined with the increasing disposable incomes of the population and the rising population itself. The contracts for licensing LP Oxo Technology from Dow & Davy to produce 2-EH has enabled the production of non-phthalate plasticizers in the region. Major companies in the China have received this license, thereby leading the Chinese segment to be the largest contributor in the Asia-Pacific 2-EH market. Moreover, the adoption of this technology has enabled the enhancement of production efficiency and also enabled the companies to meet the rapidly-growing demand from the end-user verticals. Furthermore, the key market players are increasing the capacity of their production plants (such as Sinopec Limited and LG Chem Limited, among others) in order to meet the demands in the Asia-Pacific region.


The Asia-Pacific 2-Ethylhexanol Market, in terms of value, is projected to reach $5,693.7 million by 2019 from $4,591.8 million in 2014, at a CAGR of 4.4% from 2014 to 2019. The rising demand for plasticizers; the growing needs for 2-EH nitrate; governmental support for the use of non-phthalate plasticizers; continuous advancements in 2-EH products; and the rising demand for other applications of 2-EH are some of the key factors driving the market growth. On the other hand, there are certain factors that prevail in the market, which restrict the growth of 2-EH. Various associations and concerned authorities are intensifying their efforts to develop a strong base of clean-burning fuels. These are expected to restrain the growth of the 2-EH market in the coming years.

The Chinese segment dominates the Asia-Pacific 2-Ethylhexanol Market, having accounted for a 55.1% market share in 2014, followed by South Korea. China is expected to remain a major market for 2-EH in the coming years.

An in-depth market share analysis, in terms of revenue, of the top companies is also included in the report. These numbers are arrived at based on key facts, annual financial information from SEC filings, annual reports, and interviews with industry experts, key opinion leaders such as CEOs, directors, and marketing executives. A detailed market share analysis of the major players in the Asia-Pacific 2-EH market has been covered in this report. The major companies in this market include Sinopec Limited (China), LG Chem Limited (South Korea), Tianjin Soda Plant (China), Shandong Jianlan Chemical Company (China), Daqing Petrochemical Company (China), and Nan Ya Plastics Corp (Taiwan).
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  1. Stephen MorrisonAugust 12, 2015 at 9:51 PM

    On the other hand, there are certain factors that prevail in the market, which restrict the growth of 2-EH. Various associations and concerned authorities are intensifying their efforts to develop a strong base of clean-burning fuels. These are expected to restrain the growth of the 2-EH market in the coming years.

    ReplyDelete
  2. UnknownAugust 12, 2015 at 10:55 PM

    On the other hand, there are certain factors that prevail in the market, which restrict the growth of 2-EH. Various associations and concerned authorities are intensifying their efforts to develop a strong base of clean-burning fuels. These are expected to restrain the growth of the 2-EH market in the coming years.

    ReplyDelete

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