2-Ethylhexyl Acrylate Market Analysis: Industry Market Size, Plant Capacity, Production, Operating Efficiency, Demand & Supply, End-User Industries, Sales Channel, Regional Demand, Foreign Trade, Company Share, Manufacturing Process, 2015-2032

H1 2023: 2-Ethylhexyl Acrylate (2-EHA) prices fluctuated in the Asia Pacific region in H1 2023. In the Chinese market, prices rose in January but soon declined in February 2023. The product's price decreased as a result of declined in the consumption by the downstream paints & coatings goods. In the month of April, 2-Ethylhexyl Acrylate prices increased in the Asian market. Prices of 2-Ethylhexyl Acrylate increased significantly in China as a result of changing local procurement dynamics brought by rise in the operational costs. There was an elevated demand for 2-Ethylhexyl Acrylate, and the consumption rate rose in the Asian market. The product’s buying trend was accelerated because of a number of favourable circumstances and a discrepancy in supply and demand in the Chinese market. Market prices fluctuations of 2-EHA were also observed in the American market during H1 2023. In the first three months of 2023, 2-Ethyl Hexyl Acrylate's price in the USA decreased. Prices of 2-Ethylhexyl Acrylate decreased due to a loss in marginal demand and a reduction in production costs and operating rates of Acrylates on the US market, and prices of the feedstock (2-Ethylhexanol) also decreased.  Also, the lowering of the consumer demand for 2-Ethylhexyl Acrylate by the downstream adhesives and coatings sectors in the USA market, coupled with an increase in inventory supported the pessimistic market trend. However, prices hiked in April and then declined from the end of the April to June. 

 

The global 2-Ethylhexyl Acrylate market stood at nearly 260 thousand tonnes in 2022 and is anticipated to grow at a CAGR of 4.5% during the forecast period until 2032. 

 

2-Ethylhexyl acrylate (2-EHA) is a transparent liquid with good dilution. 2-ethylhexyl acrylate reacts easily with a variety of organic and inorganic substances, making it a valuable feedstock for chemical synthesis. Acrylic acid and its salts, amides and esters, methacrylates, acrylonitrile, maleic acid esters, vinyl acetate, and vinyl chlorides can all be used to create copolymers of 2-ethylhexyl acrylate. 2- EHA is a component in adhesive manufacturing. The 2-EHA based adhesives are frequently utilized in the building and automotive sectors due to their ease of application, low volatile organic compound emissions, and water-cleanability. 2- EHA is an essential ingredient in the production of adhesives since it increases the adherence, flexibility, and durability of the finished product. The manufacturing of water-based coatings is one of the primary uses of 2-EHA in the paint and ink sector. Because of their ease of application and minimal volatile organic compound emissions, these coatings are frequently utilized in the automotive and construction industries. 2. EHA plays a crucial role in the production of water-based coatings, enhancing the adhesion, flexibility, and durability of the finished product. Furthermore, producing UV-cured coatings is a significant use of 2-EHA in the paint and ink sector. The coatings are exposed to UV radiation to cure or harden them. Because they dry rapidly and have a high level of chemical and abrasion resistance, they are frequently utilized in the printing and packaging industries. The curing effectiveness and final mechanical qualities of UV-cured coatings are enhanced by the use of 2-EHA. Additionally, 2-EHA is used to make inks, especially UV-cured inks, which are employed in printing and packaging applications. It is a crucial ingredient in the manufacturing of inks. 2-Ethylhexyl Acrylate (2-EHA) is also used to create polymers, dispersions, and polymer solutions, which are then employed in a variety of industries as binders, film formers, adhesives, and sealants, as well as coatings. 

 

Thus, demand for and sales of adhesives based on 2-EHA increase dramatically in the past years. One of the main factors driving the market is the rising need for 2-ethylhexyl acrylate in adhesives. Paints & coatings is one of 2-EHA's primary uses in the automotive sector. Since the coatings are easy to apply and emit few volatile organic compounds (VOCs), they are frequently utilized in the automotive sector. 2- EHA plays a crucial role in the production of water-based coatings, enhancing the adhesion, flexibility, and durability of the finished product. The coatings are also used to shield the car's body from sun, rain, dust, and corrosion. Additionally, 2-EHA is employed in the creation of coatings for automobile interiors, including the dashboard, seats, and door panels. The coatings offer a clean surface, increase longevity, and shield the interior of the car from outside influences. The global 2-Ethylhexyl Acrylate market is anticipated to increase as a result of these reasons and reach 400 thousand tonnes by 2032.

 

Asia Pacific region is the largest consumer of 2-EHA and is anticipated to grow rapidly due to the automobile and other manufacturing sectors. Due to the full swing in construction building sector and growing middle-class population in the region, Asia-Pacific has a sizable portion of the global 2-ethyl hexyl acrylate market. The Asia Pacific market for 2-ethyl hexyl acrylate is expanding due to a rise in the demand for water-based coatings, adhesives, and sealants. 

 

Based on the end-user industry, the global 2-Ethylhexyl Acrylate market is divided into Paints & Coatings, Adhesives, Construction industry, Textile Industry, and Others. Although, Paints & Coatings is the leading segment and had a market share of nearly 34% in 2022. 2-EHA is used in Automotive Coatings and Industrial Coatings. 

 

Major players in the Global 2-Ethylhexyl Acrylate market are Dow, BASF, Arkema, LG Chem, Nippon Shokubai, Formosa Petrochemical Corp. (FPC), Toagosai, Mitsubishi Corporation, Bharat Petroleum Corporation Limited, Eastman, Formosa Plastics and Ashland. 

 

Years considered for this report:

 

Historical Period: 2015- 2022

Base Year: 2022

Estimated Year: 2023

Forecast Period: 2024-2032

 

This report will be delivered on an online digital platform with one-year subscription and quarterly update.

 

Objective of the Study: 

 

• To assess the demand-supply scenario of 2-Ethylhexyl Acrylate which covers production, demand and supply of 2-Ethylhexyl Acrylate   market in the globe.

• To analyse and forecast the market size of 2-Ethylhexyl Acrylate   

• To classify and forecast Global 2-Ethylhexyl Acrylate market based on end-use and regional distribution.

• To examine competitive developments such as expansions, mergers & acquisitions, etc., of 2-Ethylhexyl Acrylate market in the globe.

 

To extract data for Global 2-Ethylhexyl Acrylate market, primary research surveys were conducted with 2-Ethylhexyl Acrylate manufacturers, suppliers, distributors, wholesalers and Traders. While interviewing, the respondents were also inquired about their competitors. Through this technique, ChemAnalyst was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, ChemAnalyst analyzed various segments and projected a positive outlook for Global 2-Ethylhexyl Acrylate market over the coming years. 

 

ChemAnalyst calculated 2-Ethylhexyl Acrylate demand in the globe by analyzing the historical data and demand forecast which was carried out considering the production of raw material to produce 2-Ethylhexyl Acrylate. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, etc., were also studied by ChemAnalyst. 

 

 

Key Target Audience:

 

• 2-Ethylhexyl Acrylate manufacturers and other stakeholders

• Organizations, forums and alliances related to 2-Ethylhexyl Acrylate distribution

• Government bodies such as regulating authorities and policy makers

• Market research organizations and consulting companies

 

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as 2-Ethylhexyl Acrylate manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

 

Report Scope:

 

In this report, Global 2-Ethylhexyl Acrylate market has been segmented into following categories, in addition to the industry trends which have also been detailed below: 

 

Attribute	Details
Market size Volume in 2022	264 thousand tonnes
Market size Volume in 2032	400 thousand tonnes
Growth Rate	CAGR of 4.5 % from 2023 to 2032
Base year for estimation	2023
Historical Data	2015 – 2022
Forecast period	2024 – 2032
Quantitative units	Demand in thousand tonnes and CAGR from 2023 to 2032
Report coverage	Industry Market Size, Capacity by Company, Capacity by Location, Operating Efficiency, Production by Company, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade, Manufacturing Process.
Segments covered	By End-Use: (Paints & Coatings, Adhesives, Construction industry, Textile Industry, and Others) By Sales Channel: (Direct Sale and Indirect Sale)
Regional scope	North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Pricing and purchase options	Avail customized purchase options to meet your exact research needs. Explore purchase options

 

Available Customizations:

 

With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.

 

In case you do not find what, you are looking for, please get in touch with our custom research team at sales@chemanalyst.com

Table of Content

 

1. Industry Market Size 

It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of 2-Ethylhexyl Acrylate market in terms of value and volume.

 

2. Capacity By Company 

On our online platform, you can stay up to date with essential manufacturers and their current and future operation capacity on a practically real-time basis for 2-Ethylhexyl Acrylate.

 

3. Capacity By Location 

To better understand the regional supply of 2-Ethylhexyl Acrylate by analyzing its manufacturers' location-based capacity.

 

4. Plant Operating Efficiency

To determine what percentage manufacturers are operating their plants or how much capacity is being currently used. 

  

5. Production By Company [Quarterly Update]

Study the historical annual production of 2-Ethylhexyl Acrylate by the leading players and forecast how it will grow in the coming years.

 

6. Demand by End- Use [Quarterly Update]

Discover which end-user industry (Paints & Coatings, Adhesives, Construction industry, Textile Industry, and Others) are creating a market and the forecast for the growth of the 2-Ethylhexyl Acrylate market. 

 

7. Demand by Region

Analyzing the change in demand of 2-Ethylhexyl Acrylate in different regions, i.e., North America, Europe, Asia Pacific, Middle East and Africa, and South America, that can direct you in mapping the regional demand. 

 

8. Demand by Sales Channel (Direct and Indirect)

Multiple channels are used to sell 2-Ethylhexyl Acrylate. Our sales channel will help in analyzing whether distributors and dealers or direct sales make up most of the industry's sales.

 

9. Demand-Supply Gap

Determine the supply-demand gap to gain information about the trade surplus or deficiency of 2-Ethylhexyl Acrylate.

 

10. Company Share

Figure out what proportion of the market share of 2-Ethylhexyl Acrylate is currently held by leading players across the globe. 

 

11. Country-wise Export

Get details about quantity of 2-Ethylhexyl Acrylate exported by major countries. 

 

12. Country-wise Import

Get details about quantity of 2-Ethylhexyl Acrylate imported by major countries.

 

13. Manufacturing Process

Discover insights into the intricate manufacturing process of 2-Ethylhexyl Acrylate.