According to a market report by Lucintel, the future of the global 2-ethylhexanoic acid market looks promising with opportunities in the chemical, paint & coating, personal care & cosmetic, and pharmaceutical markets. The global 2-ethylhexanoic acid market is expected to grow with a CAGR of 6.5% from 2024 to 2030. The major drivers for this market are increasing financial commitments to the building sector, growth in the use of polyvinyl chloride (PVC) and polyvinyl butyral (PVB), as well as, rising demand for paint dryers from the paint and coatings sector and increased use of synthetic lubricants.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in 2-ethylhexanoic acid market to 2030 by type (butyraldehyde and octanol), application (PVB plasticizer, synthetic lubricants, paint dryers, PVC stabilizer, drugs, emollients, and others), end use (chemical, paints & coatings, personal care & cosmetics, pharmaceutical, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the application category, PVB Plasticizer segment will remain the largest segment over the forecast period.
Within the end use category, paint & coating will remain the largest segment because it is frequently employed in coating applications to improve resistance and performance.
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In terms of regions, APAC will remain the largest region over the forecast period due to the presence of developing nations like China and India is linked to a significant increase in the usage of 2-ethylhexanoic acid in the chemical, paint, and coatings, and cosmetic sectors.
BASF, Dow, Perstorp, Elekeiroz, The Eastman Chemical, OQ Chemicals, KH Neochem, Jiangxi JYT Chemical, Shenyang Zhang Ming Chemical, and TCI Chemical are the major suppliers in the 2-ethylhexanoic acid market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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