2-Ethylhexanol Market to Reach USD 9.09 Billion by 2032,
From GlobeNewswire: 2025-06-09 10:00:00
The global 2-ethylhexanol market was valued at USD 6.66 billion in 2024 and is projected to reach USD 9.09 billion by 2032, with a CAGR of 3.97% from 2025 to 2032. The automotive, construction, and packaging industries are driving demand for 2-EH-based plasticizers, with applications in oil, gas, and flexible PVC products.
2-Ethylhexanol is used in various industrial and commercial applications due to its favorable properties. It is commonly used as a feedstock in the production of plasticizers to soften PVC, which is essential for flooring, wall coverings, cables, and synthetic leather. The U.S. market size was valued at USD 1.04 billion in 2024 and is expected to reach USD 1.44 billion by 2032, growing at a CAGR of 4.19%.
The plasticizers segment holds the largest market share of around 52% in 2024, as 2-EH is a vital raw material for phthalate and non-phthalate plasticizers used in flexible PVC manufacture. Asia Pacific accounted for the largest share of the market in 2024, driven by high consumption of PVC-based products and rapid industrialization. Large-scale chemical production facilities in countries like China and India extensively use 2-EH in various applications.
In March 2025, Oxea GmbH announced the expansion of its 2-ethylhexanol production plant in Texas to meet the growing demand in North America. LG Chem introduced an eco-friendly derivative of 2-EH for phthalate-free plasticizers in December 2024. SNS Insider is a leading market research and consulting agency providing clients with accurate market data and insights to make informed decisions.
Read more at GlobeNewswire: 2-Ethylhexanol Market to Reach USD 9.09 Billion by 2032,