2-EH Industry Size, Share, Demand & Growth by 2033
The 2-EH industry is estimated to capture a CAGR of 6.8% during the forecast period. The market is estimated to reach a valuation of US$ 12.7 billion by 2033 , improving from the current valuation of US$ 6.5 billion in 2023 . How is the Demand for 2-EH Increasing in the Chemical Sector? Several factors significantly drive the demand for 2-EH in the chemical sector. These factors are: Growing Construction and Infrastructure Projects: The demand for 2-EH rapidly grows in the chemical sector as a plasticizer for PVC resins. It is widely used for PVC-based materials such as fitting and pipes during the forecast period. Increasing Demand for Coatings and Paints: The increasing demand for coatings and paints in the chemical sector is fueling the global market. 2-EH is a key component with solvent properties, coalescing abilities, and viscosity control. The various sectors, such as automotive, industrial, and construction applications,