Persistence Market Research uses a unique research methodology which is a strong blend of secondary and in-depth primary research. Extensive primary interviews with key market players, stakeholders, market observers and experts are carried out to collect necessary data and information pertaining to various segments and across key regions. The data crunching and statistical analysis so performed undergoes multiple layers of validation to garner appropriate market insights which could benefit business by impacting critical decisions. The exhaustive research methodology has been applied to thoroughly understand and study the market for 2-Ethylhexanol and the findings and insights have been skilfully crafted following a systematic structure in the new report on global 2-Ethylhexanol market
Research report on global 2-Ethylhexanol market offers support in every respect
The market research report on global 2-Ethylhexanol is a comprehensive market research study which focuses on the global scenario and provides actionable acumen on various factors which influence the market which is possible with the help of strong data and statistical analyses. It delivers an unbiased view of the market by including analysis on various market segments across the major geographies of North America, Latin America, Europe, Asia Pacific and Middle East and Africa (MEA). The global research report on 2-Ethylhexanol market has an in-depth weightage on statistics, figures, numbers and graphs which is based on a clear market definition. This will enable the reader to take informed decisions with the help of well-furnished insights. The upcoming trends and developments, new innovations in products and varying product portfolios, new acquisitions, end user analysis and much more actionable acumen give a 3600 view to the market ultimately providing the reader with necessary tools to devise strategies in order to establish firm grip in a particular region or in a particular segment in the global 2-Ethylhexanol market.
A detailed competitive analysis covered in the research report
The global 2-Ethylhexanol market research study covers competitive landscape that includes market shares, revenues, growth strategies applied, product portfolio analysis, distribution channels, expansion in several geographies, marketing strategies, SWOT analysis, pricing analysis, etc., of the various key players in the global 2-Ethylhexanol market. Such an intelligence framework can be used to gain competitive advantage in the long run, especially helpful for new entrants in the 2-Ethylhexanol market.
Report delivers value – below facts support the statement
Global market for 2-Ethylhexanol expected to witness robust growth during the forecast period
According to Persistence Market Research, the global 2-Ethylhexanol market is anticipated to witness significant market valuation and a robust growth rate during the period of assessment 2017-2025. The 2-Ethylhexanol market has seen positive growth trend since past years. In 2016, the global 2-Ethylhexanol market was valued at around US$ 7 Bn and is reflected a value of about US$ 7.5 Bn by 2017. The global market for 2-Ethylhexanol is estimated to touch a valuation of more than US$ 12 Bn by the end of the year of assessment. The global market is poised to grow at a robust rate to register a robust value CAGR of 6.0% throughout the period of forecast. This growth is pushed by the use of 2-Ethylhexanol in various applications owing to its superior characteristics, increasing demand for 2-Ethylhexanol in solvent applications and chemical intermediates, growing use in agrochemical applications and growth in the extractive metallurgy operations.
Chemical intermediaries and solvents to fuel the growth of the global 2-Ethylhexanol market in the coming years
The research is comprised of analysis pertaining to various market segments, of which the application category represents the adoption scenario of 2-Ethylhexanol in various industrial applications across the globe. The use of 2-Ethylhexanol in chemical intermediaries and solvents is expected to rise in the coming years. The chemical sector growth is expected to contribute to the growth of the global 2-Ethylhexanol market. The adoption of 2-Ethylhexanol in chemical intermediaries and solvents is expected to generate a revenue of more than US$ 9 Bn by the end of the year of assessment (2025). In 2017, the chemical intermediaries and solvents application segment stood a value of around US$ 5.5 Bn. This 1.6x growth in revenue from this segment can be attributed towards increasing use of esters of 2-Ethylhexanol as feed stock in the manufacturing of lubricants and plasticizers. Apart from esters, 2-Ethylhexanol is also used in the manufacturing of other chemical intermediaries such as glycol ethers and acrylates. The chemical intermediaries and solvents application segment is projected to grow at a faster pace to reflect a value CAGR of 6.1% throughout the period of assessment, 2017-2025.
Tug of war between agrochemicals and metallurgy segments to be observed in the coming years
2-Ethylhexanol is also used in agrochemicals and metallurgy sectors. 2-Ethylhexanol are used in pesticides in the agrochemical sector. In metallurgy, 2-Ethylhexanol is used in the manufacturing of extractants that are used in the extraction of heavy metals. The agrochemical segment reflected a value of about US$ 444 Mn in 2017 and is estimated to reach a value of more than US$ 685 Mn by the end of the year of assessment (2025), growing at a value CAGR of 5.5% throughout the period of assessment. On the other front, the metallurgy segment is poised to register a steady growth rate during the forecast period to reach an estimation a bit lower than US$ 685 Mn by 2025 end. The agrochemical segment contribution to the global market’s growth is comparatively larger than the metallurgy segment.