Market Forecast By Applications (Plasticizers, 2-EH Acrylate, 2-EH Nitrate, Others) And Competitive Landscape
Product Code: ETC4490556 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Australia 2-Ethylhexanol Market report thoroughly covers the market by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia 2-Ethylhexanol Market is likely to grow in the forecast period as expanding application of 2-ethylhexanol in the cosmetics industry as emollients and in the construction sector as a plasticizer in PVC products. Moreover, the increasing demand for plasticizers and solvents from various end-use industries, including automotive, packaging, and textiles, is further propelling the market growth. The growing demand for the product in the construction industry as a solvent in paints and coatings is anticipated to drive the market growth during the forecast period.
According to 6Wresearch, the Australia 2-Ethylhexanol Market size is projected to grow at a CAGR of 5.9% during the forecast period of 2025-2031. The growth of the Australian 2-ethylhexanol market is primarily driven by the flourishing chemical and petrochemical industry in the country. Moreover, the surging demand for plasticizers and solvents from various end-use industries, including construction, automotive, packaging, and textiles, is further propelling the market growth. The increasing demand for eco-friendly products, such as bioplastics and biofuels, is expected to create new opportunities for the market players in the coming years. The increase in residential construction activities in Australia is a key driver in the growth of the 2-ethylhexanol market.
The use of 2-ethylhexanol as a solvent in the production of coatings and paints has played a crucial role in enhancing the demand for this chemical. Moreover, the increasing demand for plasticizers in the manufacturing of PVC products will boost the consumption of 2-ethylhexanol in the plastic industry. The volatility in the raw material prices, coupled with the stringent environmental regulations, is likely to hinder the growth of the Australia 2-ethylhexanol Industry. The increasing competition from substitutes, such as non-phthalate plasticizers, can also act as a restraining factor. The fluctuation in the prices of crude oil, coupled with the increasing environmental regulations and standards, is anticipated to hamper the growth of the market. Additionally, the availability of cheaper alternatives to 2-ethylhexanol, such as butanol, might lead to decreased demand for 2-ethylhexanol, affecting the growth of the market.
The government of Australia is increasingly focusing on promoting the growth of the chemical and petrochemical industry in the country. The government's National Low Emissions Coal Initiative (NLECI) aims to provide funding for low-emission technologies in coal mining, processing, and utilities, thus reducing the carbon footprint of the industry. The government's focus on encouraging the production of eco-friendly products is also expected to support the growth of the 2-ethylhexanol market in the country.
The prominent players in the 2-ethylhexanol market in Australia include BASF SE, Dow Chemical Company, Eastman Chemical Company, LG Chem, Sinopec Limited, and OXEA GmbH, among others. These players primarily focus on expanding their production capacities, investing in R&D, and adopting strategies like mergers and acquisitions to strengthen their market position.
The Australian 2-ethylhexanol market is poised for significant growth in the coming years, primarily driven by the expanding application of 2-ethylhexanol in the construction and cosmetics industry. The increasing demand for eco-friendly products, such as biofuels and bioplastics, is expected to create new opportunities for the market players. However, the volatile raw material prices and the competition from the substitutes can act as restraining factors. The increasing focus of the government on promoting the growth of the chemical and petrochemical industry in the country is expected to support the Australia 2-Ethylhexanol Market Growth.
According to Ravi Bhandari, Research Head, 6Wresearch, the plasticizers segment is projected to be the largest application segment for 2-EH in Australia. This is a result of the booming industrial sector, particularly the construction and automotive industries. Plasticizers are critical components in the manufacture of certain types of plastics, including PVC, which has a wide range of applications. The growing demand for PVC pipes, fittings, and other products in construction, as well as for insulation materials in the automotive sector, is expected to drive the growth of this segment in the coming years.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia 2-Ethylhexanol Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia 2-Ethylhexanol Market Revenues & Volume, 2021 & 2031F |
3.3 Australia 2-Ethylhexanol Market - Industry Life Cycle |
3.4 Australia 2-Ethylhexanol Market - Porter's Five Forces |
3.5 Australia 2-Ethylhexanol Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Australia 2-Ethylhexanol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for plasticizers in various industries |
4.2.2 Growth in the construction sector leading to higher demand for paints and coatings |
4.2.3 Expansion of the automotive industry driving demand for plasticizers |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Environmental regulations affecting production processes |
4.3.3 Competition from alternative plasticizers affecting market share |
5 Australia 2-Ethylhexanol Market Trends |
6 Australia 2-Ethylhexanol Market, By Types |
6.1 Australia 2-Ethylhexanol Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Australia 2-Ethylhexanol Market Revenues & Volume, By Applications, 2021-2031F |
6.1.3 Australia 2-Ethylhexanol Market Revenues & Volume, By Plasticizers, 2021-2031F |
6.1.4 Australia 2-Ethylhexanol Market Revenues & Volume, By 2-EH Acrylate, 2021-2031F |
6.1.5 Australia 2-Ethylhexanol Market Revenues & Volume, By 2-EH Nitrate, 2021-2031F |
6.1.6 Australia 2-Ethylhexanol Market Revenues & Volume, By Others, 2021-2031F |
7 Australia 2-Ethylhexanol Market Import-Export Trade Statistics |
7.1 Australia 2-Ethylhexanol Market Export to Major Countries |
7.2 Australia 2-Ethylhexanol Market Imports from Major Countries |
8 Australia 2-Ethylhexanol Market Key Performance Indicators |
8.1 Capacity utilization rate of 2-ethylhexanol production facilities |
8.2 Number of new product developments and innovations in the market |
8.3 Rate of adoption of 2-ethylhexanol in different end-use industries |
9 Australia 2-Ethylhexanol Market - Opportunity Assessment |
9.1 Australia 2-Ethylhexanol Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Australia 2-Ethylhexanol Market - Competitive Landscape |
10.1 Australia 2-Ethylhexanol Market Revenue Share, By Companies, 2024 |
10.2 Australia 2-Ethylhexanol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |