Sarasota, FL -- (SBWIRE) -- 06/14/2017 -- Zion Market Research, the market research group announced the analysis report titled "2-Ethylhexanol Market (2-EH): Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"

Global 2-Ethylhexanol Market (2-EH): Overview

2-ethylhexanol (2-EH) consists of 8 carbon molecules. It is poorly soluble in water and is colorless in nature. On the other hand, though it is not dissolved in water, it is soluble is most of the organic solvents. 2-ethylhexanol (2-EH) is widely used as flavors, solvents, and fragrances.

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Global 2-Ethylhexanol Market (2-EH): Growth Factors

The global 2-ethylhexanol market (2-EH) is witnessing a huge boost in the development due to various usage in the industries. Strict government rules to the industries for the emission of chemicals is indirectly boosting the global market. Its ability of high performance serves as an option to costly fuels. This is the main factor driving the global 2-ethylhexanol market (2-EH). In addition to this, the global market is estimated to elevate in the near future. Furthermore, increase in the number of job opportunities has elevated the growth of the global 2-ethylhexanol market (2-EH). Moreover, affordable labor charge is also powering the growth of the global market.

On the other hand, the decrease in the trends of dioctyl phthalate is the main reason hampering the growth of global 2-ethylhexanol market (2-EH). Additionally, side effects such as a headache, dizziness, sore eyes, and throat irritation due to the use of 2-ethylhexanol (2-EH) are hindering the growth of the global market. In support to this, the high cost of transportation is also one of the main reasons that are restraining the growth of the global 2-ethylhexanol market (2-EH). Moreover, the high cost of maintenance is also a significant factor hampering the growth of the global market.

Global 2-Ethylhexanol Market (2-EH): Segmentation

The global 2-ethylhexanol market (2-EH) is sole divided based on applications as plasticizers, 2-EH nitrate, 2-EH acrylate, and others. The plasticizers section is further segmented as non-phthalate and phthalate. Others section include multiple solvents.

The global 2-ethylhexanol market (2-EH) is also segmented geographically as North America, South America, Europe, Asia-Pacific, and the Middle East and Africa.

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Global 2-Ethylhexanol Market (2-EH): Regional Analysis

Asia Pacific countries such as India and China are likely to boost the global 2-ethylhexanol market (2-EH) in the near future. This is due to raise awareness of advantages of 2-ethylhexanol (2-EH) among people. North America is currently dominating the global market. The advanced use of technology for the development of 2-ethylhexanol (2-EH) has boosted the global market in the U.S and Canada. Additionally, different countries are likely to show moderate growth in the global 2-ethylhexanol market (2-EH). Countries such as Italy, Germany, Poland, and France will be the main region of focus for the growth of the global market in Europe.

Global 2-Ethylhexanol Market (2-EH): Competitive Players

Key players in the global 2-ethylhexanol market (2-EH) include China National Petroleum Corporation, LG Chem Limited, Grupa Azoty, Saudi Basic Industries Corporation, BASF SE, Formosa Plastic Group, Eastman Chemical Company, Elekeiroz S.A., and China Petroleum & Chemical Corporation.

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Global 2-Ethylhexanol Market (2-EH): Regional Segment Analysis

North America(U.S.); Europe(UK, France, Germany); Asia-Pacific(China, Japan, India); Latin America(Brazil); The Middle East and Africa