2-Ethylhexanol Market To Reach USD 9.09 Billion By 2032, Driven By Expanding Applications In Plasticizers, Solvents, And Chemical Intermediates Report By SNS Insider

(MENAFN- GlobeNewsWire - Nasdaq) The global 2-ethylhexanol (2-EH) market is witnessing steady growth, propelled by its widespread application and the search for high-performance materials and sustainable alternatives. 2-EH continues to play a pivotal role as a key intermediate in various formulations.

Austin, June 09, 2025 (GLOBE NEWSWIRE) -- 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, growing at a compound annual growth rate (CAGR) of 3.97% from 2025 to 2032.

The growth of the automotive, construction, and packaging industries is the major driving factor for the demand, where 2-EH-based plasticizers are important, leading to the large availability of 2-EH demand in oil, gas, evolved change, and also flexible PVC-based products. Moreover, several manufacturers are employing 2-ethylhexanol for the preparation of acrylate esters and lubricants, which is projected to strengthen its market expansion.

2-Ethylhexanol is a branched–chain oxo alcohol with favorable properties such as high solubility, low volatility, and a pleasant smell that make it suitable for a variety of industrial and commercial applications. The most common use is as a feedstock in the production of dioctyl phthalate (DOP) and other plasticizers to soften PVC, which is used in flooring, wall coverings, cables, and synthetic leather.

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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% in the forecast period 2025-2032.

It is owing to the presence of a huge industrial base, high consumption of GPIO-based products, and the development of the chemical sector. Major American chemical companies produced or used 2-EH in the hundreds of millions of tons for use in plasticizers for building materials, automobiles, and consumer products. Then, the booming construction sector in the country, residential and office buildings are being built on a large scale, calls for the verticals that depend on flexible PVC, which is predominantly reliant on 2-EH-based plasticizers.

Key Players:

• BASF SE
• SABIC
• Eastman Chemical Company
• Dow Chemical Company
• ExxonMobil Chemical
• Grupa Azoty
• OXEA GmbH
• LG Chem
• China National Petroleum Corporation (CNPC)
• KH Neochem Co., Ltd.

2-Ethylhexanol Market Report Scope:

Report Attributes	Details
Market Size in 202 4	USD 6.66 Billion
Market Size by 2032	USD 9.09 Billion
CAGR	CAGR of 3.97% From 2025 to 2032
Base Year	2024
Forecast Period	2025-2032
Historical Data	2021-2023
Report Scope & Coverage	Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Drivers	. Rising Demand for Plasticizers Drives the Market Growth.

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By Application

The plasticizers segment held the largest 2-ethylhexanol market share, around 52% in 2024 . It is due to 2-EH being an important raw material for phthalate and non-phthalate plasticizer production, which is in turn, necessary for flexible polyvinyl chloride (PVC) manufacture. These plasticizers are typically used in high-demand applications, including cable, flooring, wall covering, automotive interior, and synthetic leather. From construction to automotive and consumer goods – industries that are still growing all over the world – the versatility and low-cost nature of flexible PVC materials make flexible PVC materials indispensable.

Regional Analysis

In 2024, Asia Pacific accounted for the largest share of approximately 41% of the overall 2-ethylhexanol market owing to the region's highest share in global manufacturing, rapid industrialization, and a high consumption of PVC-based products. Large-scale chemical production facilities in China, India, South Korea, and Japan use 2-EH extensively in the manufacture of plasticizers, acrylate esters, and solvents. The flexible PVC materials, coatings, and adhesives, which are key end uses of 2-ethylhexanol derivatives, are among the large end uses of this product family, owing to booming construction, automotive, and consumer electronics industries in this region. Moreover, lucrative government policies, affordable labor, and easy accessibility of raw materials in Asia-Pacific attract global manufacturers and investors.

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Recent Developments

• In March 2025, Oxea GmbH, a leading manufacturer of oxo intermediates, announced the expansion of its capacity at the 2-ethylhexanol production plant in Bay City, Texas. The shift is intended to capitalize on the growing demand in the North American market for plasticizers and acrylate esters.
• In December of 2024, LG Chem introduced a novel eco-friendly derivative of 2-EH for the application of phthalate-free plasticizers. This aligns with the sustainability roadmap of the company and brings market-competitive advantage where stringent environmental regulations exist.

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