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
Details
Market size Volume in FY2022
100 thousand tonnes
Market size Volume by FY2035
210 thousand tonnes
Growth Rate
CAGR of 6.00% from FY2023 to FY2035
Base year for estimation
FY2023
Historic Data
FY2015 – FY2022
Forecast period
FY2024 – FY2035
Quantitative units
Demand in thousand tonnes and CAGR from FY2023 to FY2035
Report coverage
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
Segments covered
By End-Use: [Plasticizer (DOP), 2 EHA Derivatives, Lubricant Additive, and Others]
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Market Data & Insights
Table of Content
1. 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-Ethylhexanol.
2. Capacity By Location
To better understand the regional supply of 2-Ethylhexanol by analyzing its manufacturers' location-based capacity.
3. Plant Operating Efficiency
To determine what percentage manufacturers are operating their plants or how much capacity is being currently used.
4. Capacity By Technology
To better assess the manufacturing capacities with different technologies as well as understand which technology is more in demand.
5. Production By Company [Quarterly Update]
Study the historical annual production of 2-Ethylhexanol 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 [Plasticizer (DOP), 2 EHA Derivatives, Lubricant Additive, and Others] are creating a market and the forecast for the growth of the 2-Ethylhexanol market.
7. Demand by Region
Analyzing the change in demand of 2-Ethylhexanol in different regions across India, i.e., North India, South India, East India, West India, that can direct you in mapping the regional demand.
8. Demand by Sales Channel (Direct and Indirect)
Multiple channels are used to sell 2-Ethylhexanol. 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-Ethylhexanol.
10. Company Share
Figure out what proportion of the market share of 2-Ethylhexanol is currently held by leading players across India.
11. Country-wise Export
Get details about quantity of 2-Ethylhexanol exported by major countries.
12. Country-wise Import
Get details about quantity of 2-Ethylhexanol imported by major countries.
13. Industry Market Size
It is an essential metric for market analysis, as it provides insights into the overall size and growth potential of India 2-Ethylhexanol market in terms of value and volume.
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What is the estimated India market size of 2-Ethylhexanol in terms of volume in FY2035?
Ans:
The India market size of 2-Ethylhexanol in terms of volume is estimated to reach approximately 210 thousand tonnes in FY2035.
Q2.
Which end-use industry is dominating the India 2-Ethylhexanol market?
Ans:
The Plasticizer (DOP) industry is dominating the 2-Ethylhexanol market in India with an estimated share of roughly 67% in FY2022.
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