2-Ethylhexanol Price In USA
- United State: 1835 USD/MT
The USA 2-Ethylhexanol market saw many struggles in the fourth quarter of 2023 and thus the prices fluctuated. The reduction of prices was a result of low demand from the downstream PVC sector. This situation was exacerbated by the abundant supply of raw materials, essential to produce 2-Ethylhexanol, in the face of disruptions in the supply chain caused by unexpected shutdowns at major propylene feedstock plants, such as Dow Chemical and BASF Total Energies Petrochemicals. 2-Ethylhexanol Price Forecast.
The latest report by IMARC, titled “ 2-Ethylhexanol Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” delivers a comprehensive analysis of 2-ethylhexanol prices on a global and regional scale, highlighting the pivotal factors contributing to price changes. This detailed examination includes spot price evaluations at key ports and an analysis of pricing structures, such as Ex Works, FOB, and CIF, across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
2-Ethylhexanol Prices December 2023:
- United State: 1835 USD/MT
- China: 1803 USD/MT
Report Offering:
- Monthly Updates – Annual Subscription
- Quarterly Updates – Annual Subscription
- Biannually Updates – Annual Subscription
The study delves into the factors affecting 2-ethylhexanolprice variations, including alterations in the cost of raw materials, the balance of supply and demand, geopolitical influences, and sector-specific developments.
The report also incorporates the most recent updates from the market, equipping stakeholders with the latest information on market fluctuations, regulatory modifications, and technological progress. It serves as an exhaustive resource for stakeholders, enhancing strategic planning and forecast capabilities.
Request For a Sample Copy of the Report: https://www.imarcgroup.com/2-ethylhexanol-pricing-report/requestsample
2-Ethylhexanol Price Trend- Q4 2023
The 2-Ethylhexanol (2-EH) market is driven by the expanding building and construction sector, which is expected to significantly influence the market’s growth. The Asia Pacific region, in particular, is expected to dominate the market due to the rapid urbanization and industrialization in countries such as China, where the government has initiated programs to revamp tourist infrastructure and propel the tourism sector. This growth in construction and building activities is anticipated to be the primary driver for the region’s dominance in the 2-EH market. Additionally, the increasing demand from chemical manufacturing and agrochemical industries will also positively impact the market. The market’s growth will be influenced by the escalating building and construction sector, and the demand from various industries such as automotive, food and beverages, and personal care will continue to augment the market forward.
2-Ethylhexanol Market Analysis
The global 2-ethylhexanol market size reached US$ 6.2 Billion in 2023. By 2032, IMARC Group expects the market to reach US$ 9.2 Billion, at a projected CAGR of 4.60% during 2023-2032.The 2-Ethylhexanol (2-EH) prices across North America overall exhibited a bullish market situation, with prices overall witnessing an increment of approximately 30% during the first quarter of this Year. The US 2-EH market was supported from the cost side as many oxo-alcohol producers, namely Eastman Chemicals and OQ Chemicals, have initiated several price hikes throughout this quarter. With the improvement in weather conditions across the US market from the middle of February 2024, the downstream construction and automotive sectors improved, providing enough support to the US 2-EH prices. The rise in the construction sector was primarily attributed to the upturn in residential construction, commercial building, and civil engineering activities. Moreover, as the US homebuying season approached, existing inventories of 2-EH continued to come under pressure.
The Asian 2 Ethyl hexanol market witnessed a bearish situation throughout the first quarter of 2024, largely on the back of reduced demand from the downstream plasticizer industry. The reduced demand for the product largely stemmed from the underperformance of the Chinese construction sector, in which investment sentiments continued to remain low. The termination of the peak festive Chinese Lunar New Year led to destocking activities, which increased the supplies of the product, thereby compelling prices of the product to fall. With weather conditions also remaining challenging, across Shandong the circulation of the product was also slow. The prices of 2-EH across the European market were recorded to have inflated by more than 50% during the first quarter of 2024. The chief reasons considered for the increments in the prices of the product are largely due to the persistent crisis at the Red Sea which led to the shortage of feedstock propylene which also inflated due to plant shutdowns across Europe and the USA from where Propylene is imported into Europe.
Browse Full Report: https://www.imarcgroup.com/2-ethylhexanol-pricing-report
Key Points Covered in the 2-EthylhexanolPricing Report:
The report delivers the following key findings, alongside a comprehensive breakdown of prices by region:
- 2-Ethylhexanol PricesÂ
- 2-Ethylhexanol Price TrendÂ
- 2-Ethylhexanol Demand & SupplyÂ
- 2-Ethylhexanol Market Analysis
- Demand Supply Analysis by Type
- Demand Supply Analysis by Application
- Demand Supply Analysis of Raw Materials
- 2-Ethylhexanol Price Analysis
- 2-Ethylhexanol Industry Drivers, Restraints, and Opportunities
- 2-Ethylhexanol News and Recent developments
- Global Event Analysis
- List of Key Players
Regional Price Analysis:
- Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, 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 GreeceÂ
- North America: United States and Canada
- Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
- Middle East & Africa: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco
Browse More Pricing Reports by IMARC Group:
Note: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.
About Us:
IMARC is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163
