2-Ethyl Hexanoic Acid Market to be influenced by Cosmetics and Personal Care Sector through 2028
Rising
demand from the automotive and construction industry is expected to drive the Global
2-Ethyl Hexanoic Acid Market in the forecast period 2024-2028.
According to TechSci Research
report, “2-Ethyl Hexanoic Acid
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast,
2018-2028,” the Global 2-Ethyl Hexanoic Acid Market is anticipated
to upsurge at an impressive rate in the forecast period, 2024-2028. A significant factor fueling the growth of the Global 2-Ethyl
Hexanoic Acid Market is increasing demand from cosmetics
and personal care industry as it is used in emollients and acts as a
condensing agent for hairs and skin. It improves the spreadability of cosmetics
and personal care products by imparting water repelling characteristics. In
addition, presence of 2-Ethyl Hexanoic Acid improves the skin smoothness and
brings extra glossiness. Dry skin conditions can be easily cured using products
containing 2-Ethyl Hexanoic Acid. It is usually incorporated in hand creams, face creams, body lotions, hair care products,
concealer, and foundation. Changing lifestyle, busy schedules, high stress
level, increasing pollution leads to more skin problems. Hence increasing
awareness about personal hygiene will further fuel the growth of Global 2-Ethyl
Hexanoic Acid market.
For instance, the Dirt
Is Good (DIG) brand of Unilever — also known as OMO, saw sales surpass USD4389.6
million in December 2022.
Furthermore, the market is
being further stimulated by growing demand from the construction and automotive
sectors.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the "Global
2-Ethyl Hexanoic Acid Market”
Global 2-Ethyl
Hexanoic Acid Market is segmented based on application, region and competitive
landscape.
Based on application,
the market is categorized into PVB Plasticizer, Synthetic Lubricants,
Paint Driers, PVC Stabilizers, Emollients, and others. PVB Plasticizer segment is expected to hold
the largest market share in the forecast period, 2024-2028. This is due to its
application in the construction sector for the production of safety glass.
Major companies
operating in the Global 2-Ethyl Hexanoic Acid Market are:
- BASF SE
- Eastman Chemical Company
- The Dow Chemical Company
- Perstorp Holding AB
- Oxea Corporation
- Elekeiroz S.A.,
- KH Neochem Americas, Inc
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“Asia
Pacific region is expected to grow at the highest rate during the forecast
period due to the existence of significant market players, rising
infrastructural development, high demand from end-user industries, Increasing
research and development, and the widespread use of advanced technology. Additionally,
growing use in construction as well as automotive parts manufacturing is
expected to create lucrative opportunities for market growth. Furthermore,
increasing population is booming the real estate market which increases the
demand for 2-Ethyl Hexanoic Acid for producing PVB plasticizers,
creating huge prospects of market growth during the forecast period,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based
global management consulting firm.
“2-Ethyl Hexanoic Acid Market- Global Industry Size, Share, Trends,
Opportunity, and Forecast, 2018-2028 Segmented By Application (PVB Plasticizer,
Synthetic Lubricants, Paint Driers, PVC Stabilizers, Emollients, Others), By
Region and Competition,”
has evaluated the future growth potential of Global 2-Ethyl Hexanoic Acid
Market and provides statistics & information on market size, structure, and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision-makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the Global 2-Ethyl Hexanoic
Acid Market.”
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