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.

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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).

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