The India 2-Ethylhexanol (2 EHA) market has reached approximately 100 thousand tonnes in FY2022 and expected to grow at a steady CAGR 6.00% by FY2035.
2-Ethylhexanol is a colorless, combustible liquid that is poorly soluble in water but soluble in most organic solvents. It is produced by three-step process involving the aldol self-condensation of n-butyraldehyde followed by dehydration and hydrogenation. 2-Ethylhexanol’s excellent solvent characteristics drives its application as an intermediate in several chemical reactions. 2 EHA also serves as a chain terminator during condensation polymerization and as an intermediate for manufacturing plasticizers such as Di-Octyl Phthalate (DOP), Di-Methylphenyl Phthalate (DEHP), Di-Ethylhexyl Adipate (DEHA), etc. DOP is a plasticizer commonly used in the Poly Vinyl Chloride (PVC) industry.
Increasing demand for DOP for manufacturing articles made of Poly Vinyl Chloride (PVC) will most likely favor the 2 EHA market growth in the forecast period. Based on applications, plastics may contain 1% to 40% of DOP. Increasing demand of PVC which is a key constituent of our day-to-day items like children’s toys, cables, upholstery, footwear etc. is anticipated to further propel the 2 EHA demand in the forecast period. Increased consumption of DOP as a dielectric fluid in capacitors would also propel the demand for 2 EHA in longer terms. The 2-Ethylhexanol market will most probably face and expansion and reach approximately 210 thousand tonnes by FY2035.
Based on the region, Indian 2-ethyl hexanol market is segmented into: West, South, North, and East. In the historic period of FY2015-FY2022, North India has been leading the market. In FY2022, North India held about 77 percent of the market. Cities like Delhi, Ludhiana, Chandigarh, Lucknow, and other have a good consumption efficiency owing to presence of 2-ethyl hexanol consuming factories in these locations. Moreover, Gujarat and Maharashtra, also have significant consumption rate due to the presence of prominent plasticizers market.
Based on end-use, the India 2-Ethylhexanol market is segregated into Plasticizer (DOP), 2 EHA Derivatives, Lubricant Additive, and Others. As of FY2022, Plasticizer (DOP) segment is leading the 2 EHA market with a market share of approximately 67%, followed by 2 EHA Derivatives industry. Furthermore, DOTP and PVC demand for medical applications such as gloves floor covering etc., also contributes to the market. With the government’s keen focus on strengthening India’s petrochemicals sector and making it a “self-reliant” country, the market for 2 EHA is likely to show a remarkable growth in the upcoming years.
Major players fulfilling the 2-Ethylhexanol demand in India are The Andhra Petrochemicals Limited and Bharat Petroleum Corporation Limited.
Years considered for this report:
Historical Period: FY2015-FY2022
Base Year: FY2022
Estimated Year: FY2023
Forecast Period: FY2024- FY2035
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Objective of the Study:
• To assess the demand-supply scenario of 2-Ethylhexanol which covers production, demand and supply of 2-Ethylhexanol market in India.
• To analyse and forecast the market size of 2-Ethylhexanol in India.
• To classify and forecast India 2-Ethylhexanol market based on end-use and regional distribution.
• To examine competitive developments such as expansions, green field projects/ brown field expansions. mergers & acquisitions, etc., of 2-Ethylhexanol market in India.
To extract data for India 2-Ethylhexanol market, primary research surveys were conducted with 2-Ethylhexanol 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 India 2-Ethylhexanol market over the coming years.
ChemAnalyst calculated 2-Ethylhexanol demand in India by analyzing the historical data and demand forecast which was carried out considering the imports and domestic production coupled with demand from end user industry. ChemAnalyst sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data / import data of 2-Ethylhexanol 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-Ethylhexanol manufacturers and other stakeholders
• Organizations, forums and alliances related to 2-Ethylhexanol 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-Ethylhexanol manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years, thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.
Report Scope:
In this report, India 2-Ethylhexanol market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Attribute
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Details
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Market size Volume in FY2022
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100 thousand tonnes
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Market size Volume by FY2035
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210 thousand tonnes
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Growth Rate
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CAGR of 6.00% from FY2023 to FY2035
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Base year for estimation
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FY2023
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Historic Data
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FY2015 – FY2022
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Forecast period
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FY2024 – FY2035
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Quantitative units
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Demand in thousand tonnes and CAGR from FY2023 to FY2035
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Report coverage
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Industry Market Size, Capacity By Company, Capacity by Location, Operating Efficiency, Production by Company, Capacity by Technology, Demand by End- Use, Demand by Region, Demand by Sales Channel, Demand-Supply Gap, Company Share, Foreign Trade
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Segments covered
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By End-Use: [Plasticizer (DOP), 2 EHA Derivatives, Lubricant Additive, and Others]
By Sales Channel: (Direct Sale and Indirect Sale)
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Regional scope
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North India, South India, East India, West India
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Pricing and purchase options
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Available Customizations:
With the given market data, ChemAnalyst offers customizations according to a company’s specific needs.
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