2-Ethylhexyl Methacrylate Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030
2-Ethylhexyl methacrylate (2-EHMA), is a main methacrylic ester and polymerizable monomer.
2-EHMA is produced for the use as a building block to make a wide range of polymer based products that we see and use every day from paints and coatings, toners and inks, oil additives to dental and medical products to name but a few. 2-EHMA is of low concern to human health and the environment. It is classified as hazardous (skin irritant and sensitizing) but has been handled safely by industry and professionals for over 60 years.
2-Ethylhexyl methacrylate, a colorless transparent liquid, is mainly manufactured by methacrylic acid or methyl methacrylate reacting with 2-ethylhexanol. Due to its outstanding performances, 2-Ethylhexyl methacrylate is widely used in many industries, such as paints and coatings, adhesive and sealants, fiber treatment agent industry and so on.
Among those applications, paints and coatings is the largest consumption field, which contributed 52.26% share in 2015.
According to its manufacturing process, 2-ethylhexyl methacrylate can be got from methacrylic acid esterification or methyl methacrylate transesterification. Since price of methacrylic acid is higher than that of methyl methacrylate, 2-EHMA manufacturers prefer to adopt methyl methacrylate transesterification method to produce 2-EHMA.
Europe and Japan are the major production bases of 2-ethylhexyl methacrylate. Europe keeps its No.1 place in the global production market in recent years. In 2015, European capacity was about 7450 MT, holding 33.23% share. Japan is the follower, who had 7100 MT 2-ethylhexyl methacrylate capacity in 2015.
As for consumption, Europe is the largest consumer as well. Global consumption volume of 2-ethylhexyl methacrylate was 17219MT in 2015, while Europe consumed about 5172MT 2-ethylhexyl methacrylate. The second largest consumer is USA, whose consumption volume was 4135 MT in 2015.
Considering its applications and alternatives, the 2-ethylhexyl methacrylate market size is not large with some manufacturers engaged in the industry. Demand from downstream industries sets obstacles for the industry. It is estimated that the whole 2-ethylhexyl methacrylate market will keep the current softening situations with gradually increasing size.
The Global 2-Ethylhexyl Methacrylate Market touched xxx million USD with a CAGR xx % from 2018-2022 around the world. In the future, it is predicted to reach xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.
As the report focuses on global 2-Ethylhexyl Methacrylate Market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the Market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces Market competition situation among the vendors and company profile, besides, Market price analysis and value chain features are covered in this report.
In Market segmentation by manufacturers, the report covers the following companies-
Mitsubishi Rayon
Evonik
NOF Corporation
BASF Group
MITSUBISHI GAS CHEMICAL
Kyoeisha Chemical
Fushun Anxin Chemical
Shanghai Hechuang Chemical
In Market segmentation by geographical regions, the report has analyzed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types covers:
Esterification Type
Transesterification Type
In Market segmentation by applications :
Paints and coatings
Adhesive and sealants
Fiber treatment agents
Others include lubricants additives, dispersants, etc.
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the 2-Ethylhexyl Methacrylate Market for the forecast period 2023 - 2030?
• What are the driving forces in the 2-Ethylhexyl Methacrylate Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the 2-Ethylhexyl Methacrylate industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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