Product
2-Ethylhexanoic Acid Price Trend and Forecast
2-Ethylhexanoic Acid Price Trend and Forecast
Regional Price Trend
Get the latest insights on price movement and trend analysis of 2-Ethylhexanoic Acid in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
2-Ethylhexanoic Acid Price Trend for the First Half of 2023
Asia
The Asia-Pacific market in the first quarter of 2023 suffered from the weak performance of the feedstock market and slow demand from the downstream industries, which hampered the growth of 2-Ethylhexanoic acid. Among the downstream industries, the paints and coatings segment remained stable and somehow supported the market of 2-Ethylhexanoic acid.
The second quarter further saw a major decline as the construction, plasticizers, and upstream industries showed weak performance, and in view of this, some of the manufacturing units had to reduce their production rates, adversely affecting the prices of 2-Ethylhexanoic acid.
Europe
The European countries witnessed a positive trend in the first quarter of 2023 in the 2-Ethylhexanoic acid market as the downstream industries supported the growth of 2-Ethylhexanoic acid prices. In addition to this, the consumption rates of consumers also improved in the region, which was balanced by the steady supply of imports from Asian countries. However, in the second quarter, the trend shifted towards a downward track as the feedstock costs and demand from the construction, paints, and cosmetics sectors slumped, pushing the price trend of 2-Ethylhexanoic acid towards a negative zone.
North America
The first quarter of 2023 proved to be fruitful for the 2-Ethylhexanoic acid market as the prices inclined gradually. The market sentiments of 2-Ethylhexanoic acid were supported by rising demand and a high influx of new orders from both domestic and international players. However, in the second quarter, as seen in European nations, the prices began to decline due to a fall in industrial activities. The poor performance of the raw material market and the low interest of buyers in this sector further helped in the downward movement of the 2-Ethylhexanoic acid price trend.
Analyst Insight
According to Procurement Resource, the price trend of 2-Ethylhexanoic Acid is expected to follow a declining trajectory as the demand from the downstream sector and market activities of the feedstocks does not seem to support the 2-Ethylhexanoic acid price trend.
Procurement Resource provides latest prices of 2-Ethyl Hexanoic Acid. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
About
2-Ethylhexanoic acid is characterized by faint smell and pale-yellow color. In chemical production, it serves as the precursor in the synthesis of metal salts such as carboxylates. These carboxylates find application in several formulations such as paints, inks, etc. 2-Ethylhexanoic acid is also used as a plasticizer in the manufacturing of synthetic rubbers and plastics, enhancing their flexibility and durability. Its versatility makes it an essential chemical in the coatings and polymer industries.
Product Details
| Report Features | Details |
| Product Name | 2-Ethylhexanoic Acid |
| Chemical formula | C8H16O2 |
| Industrial Uses | Adhesives, Lubricants, Solvents, Coatings and paints |
| CAS Number | 149-57-5 |
| Molecular weight | 144.21 g/mol |
| HS Code | 29159090 |
| Supplier Database | BASF SE, Dow Inc, Perstorp Holding AB, The Eastman Chemical Company, OQ Chemicals Corporation, Jiangxi JYT Chemical Co Ltd, Shenyang Zhang Ming Chemical Co Ltd, TCI Chemical India Pvt Ltd |
| Region/Countries Covered | Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece North America: United States and Canada Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru Africa: South Africa, Nigeria, Egypt, Algeria, Morocco |
| Currency | US$ (Data can also be provided in local currency) |
| Supplier Database Availability | Yes |
| Customization Scope | The report can be customized as per the requirements of the customer |
| Post-Sale Analyst Support | 360-degree analyst support after report delivery |
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Methodology
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Table Of Contents
Assistance from Experts
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Client's Satisfaction
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Assured Quality
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.