Evonik sharply raised its 2026 earnings forecast after a strong Q2, driven by higher volumes, improved pricing, and cost reductions. The company also benefited from supply disruptions affecting Asian competitors. The improved pricing points to upward pressure on product prices in the short term, though the company warns the advantage may fade as global shipping normalizes.
| Product | Category | Region | Price | Last Updated Month |
| 2-Ethylhexanoic Acid | Chemical | China | 1855 USD/MT | January 2025 |
| 2-Ethylhexanoic Acid | Chemical | China | 1714 USD/MT | December 2025 |
| 2-Ethylhexanoic Acid | Chemical | Europe | 1754 USD/MT | January 2025 |
| 2-Ethylhexanoic Acid | Chemical | Europe | 1717 USD/MT | December 2025 |
| 2-Ethylhexanoic Acid | Chemical | USA | 1764 USD/MT | January 2025 |
| 2-Ethylhexanoic Acid | Chemical | USA | 1830 USD/MT | December 2025 |
Stay updated with the latest 2-Ethylhexanoic Acid prices, historical data, and tailored regional analysis
Asia
The Asian market for 2-Ethylhexanoic Acid experienced slight downward pressure throughout the year, with China representing the primary regional benchmark. The prices were about 1855 USD/MT (FOB) in January and around 1714 USD/MT in December in the Chinese region. The market witnessed a consistent declining trajectory from the year's beginning, reflecting weakened demand fundamentals and adequate supply availability. Prices descended gradually through the first quarter before stabilizing briefly mid-year, only to resume their downward movement in the latter months. The softening was attributed to reduced procurement activity from downstream sectors, including PVC stabilizers, paint driers, and metal carboxylates production. Manufacturers of synthetic lubricants and coating catalysts maintained cautious purchasing strategies amid inventory management concerns. The market's year-on-year comparison revealed notable depreciation, signalling sustained pressure on pricing mechanisms across the region.
Europe
European markets demonstrated considerable volatility throughout the annual cycle, characterized by alternating phases of appreciation and correction. The early months saw relatively stable conditions, followed by an upward movement that peaked during the spring season. This appreciation was driven by tightening supply conditions and increased demand from the coatings and plastics industries. Subsequently, prices entered a corrective phase through the summer and autumn months as supply chains normalized and demand from key consuming sectors, including agrochemicals and pharmaceutical intermediates, moderated. The final quarter witnessed a mild recovery, suggesting improved market sentiment and renewed buying interest from downstream converters of metal octoates and ester production facilities. The prices were about 1754 USD/MT (FOB) in January and around 1717 USD/MT in December.
North America
The North American market exhibited a slightly distinct pattern marked by initial weakness followed by progressive strengthening. The prices were about 1764 USD/MT (CFR) in January and around 1830 USD/MT in December. The opening months brought prices down from previous levels, influenced by inventory destocking and slower consumption rates. However, a recovery commenced in the spring, gradually building momentum through subsequent quarters. This upward trend reflected improved demand from the automotive sector's synthetic lubricant requirements and increased activity in the construction-related coatings segment. The market showed resilience as purchasing patterns from the plasticizer and stabilizer industries gained traction, supporting price advancement through the year's end.
Analyst Insight
According to Procurement Resource, global markets for 2-Ethylhexanoic Acid are likely to display mixed sentiment. The near-term trajectory remains dependent on downstream consumption patterns and supply-side developments across major producing regions.
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| Product | Category | Region | Price | Last Updated Month |
| 2-Ethylhexanoic Acid | Chemical | China | 1882 USD/MT | September'24 |
| 2-Ethylhexanoic Acid | Chemical | China | 1855 USD/MT | December'24 |
| 2-Ethylhexanoic Acid | Chemical | Europe | 1810 USD/MT | September'24 |
| 2-Ethylhexanoic Acid | Chemical | Europe | 1754 USD/MT | December'24 |
| 2-Ethylhexanoic Acid | Chemical | USA | 1830 USD/MT | October’24 |
| 2-Ethylhexanoic Acid | Chemical | USA | 1800 USD/MT | December'24 |
Stay updated with the latest 2-Ethylhexanoic Acid prices, historical data, and tailored regional analysis
Asia
During the last quarter of 2024, the 2-Ethylhexanoic Acid market in Asia saw prices steadily drop. The main reason for this was a lack of strong demand from industries that typically use the product. In China the average monthly prices went from about 1882 USD/MT (FOB) to around 1855 USD/MT (FOB) in December of 2024. Even though 2-Ethylhexanoic Acid production levels stayed stable, buyers were cautious about making big purchases.
Many businesses were holding off due to economic pressures in the region, including rising costs in other areas and uncertainty about market conditions. Suppliers had plenty of stock on hand, but that didn’t help much since there just weren’t enough buyers to absorb it. This mismatch between supply and demand kept prices on a downward path throughout the quarter. The market felt sluggish, with no big events or shifts to change the sentiment.
Europe
In Europe, 2-Ethylhexanoic Acid prices followed a similar downward trend to those in Asia. Major consumer industries, such as automotive and chemicals, reduced their purchasing activity. Suppliers across the region maintained sufficient inventories, with no significant supply chain disruptions. However, the steady supply was not met with adequate demand, causing prices to decline further. Buyers remained cautious, opting to purchase only essential quantities rather than stockpiling. Stable logistics ensured a smooth flow of goods, but the market remained sluggish.
In the European markets the monthly average prices 2-ethylhexanoic acid prices went from about 1810 USD/MT (FOB) to around 1754 USD/MT (FOB) in December of 2024. Economic uncertainties in key European countries also contributed to business hesitation, limiting spending and risk-taking. Overall, it was a subdued quarter for the market, with no indications of a demand recovery.
North America
In North America, 2-Ethylhexanoic acid prices declined consistently throughout the fourth quarter of 2024, primarily due to oversupply. Despite steady production levels, demand from downstream industries such as coatings and chemicals remained insufficient to balance the excess supply. Many companies were already managing surplus stock from previous months, reducing their urgency to place new orders. Additionally, seasonal trends prompted buyers to adopt a more cautious approach, as they aimed to avoid carrying excess inventory into the new year.
The overall economic climate in the region further contributed to restrained purchasing activity, with businesses prioritizing cost-cutting measures and maintaining a conservative stance. These combined factors drove prices downward as the quarter progressed, with no significant market shifts to alter the trend. In USA the monthly prices were at about 1830 USD/MT (CFR) in October’24, and closed December at around 1800 USD/MT (CFR).
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.
C8H16O2
Adhesives, Lubricants, Solvents, Coatings and paints
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
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-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.
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