The Global 2-Ethylhexanoic Acid (2-EHA) Market was valued at USD 547 Million in 2024 and is projected to reach USD 567 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 0.5% during the forecast period (2024-2032). This steady growth is primarily driven by robust demand from the paints & coatings sector for metal carboxylate driers, alongside consistent consumption in PVC stabilizers and emerging applications in pharmaceuticals and synthetic lubricants.

As the specialty chemicals industry evolves towards more efficient and sustainable solutions, the focus intensifies on the key producers who are advancing production technologies and expanding application portfolios. In this blog, we profile the Top 10 Companies in the 2-Ethylhexanoic Acid Industry—a blend of global chemical giants and specialized manufacturers shaping the future of this versatile chemical intermediate.

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🔟 1. Perstorp Holding AB

Headquarters: Malmö, Sweden
Key Offering: High-purity 2-Ethylhexanoic Acid, Specialty Esters

Perstorp is a leading global specialty chemicals company and a major producer of 2-Ethylhexanoic Acid. The company leverages its advanced oxidation technology to produce high-quality 2-EHA, which serves as a critical building block for its downstream derivatives, including plasticizers and synthetic lubricants. Perstorp’s focus on sustainable chemistry positions it as a key supplier to environmentally conscious markets.

Strategic Initiatives:

• Investment in Pro-Environment product lines
• Expansion of production capacity in Europe
• Development of bio-based alternatives for key intermediates

Download FREE Sample Report: 2-Ethylhexanoic Acid Market – View in Detailed Research Report

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9️⃣ 2. OXEA GmbH

Headquarters: Oberhausen, Germany
Key Offering: 2-Ethylhexanoic Acid, Oxo Intermediates

OXEA, a subsidiary of Oman Oil Company, is a world-leading manufacturer of oxo intermediates, including 2-Ethylhexanoic Acid. The company’s integrated production facilities and strong technological base allow it to serve a diverse range of industries, from coatings and plastics to lubricants. OXEA’s global distribution network ensures a reliable supply to customers worldwide.

Strategic Initiatives:

• Capacity expansions in Europe and the US
• Focus on product quality and consistency for high-end applications
• Strategic partnerships with key downstream consumers

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8️⃣ 3. KH Neochem Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: 2-EHA, Plasticizer Alcohols, Specialty Chemicals

KH Neochem is a major Japanese chemical company with a strong foothold in the Asian 2-EHA market. The company specializes in producing high-purity 2-Ethylhexanoic Acid used primarily in paint driers and PVC heat stabilizers. Its technological expertise and focus on the pharmaceutical-grade segment give it a competitive edge in high-value markets.

Strategic Initiatives:

• Expansion into pharmaceutical-grade 2-EHA production
• Strengthening supply chains across Asia-Pacific
• R&D investments for new application development

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7️⃣ 4. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: 2-Ethylhexanoic Acid, Specialty Plastics, Coatings Raw Materials

Eastman is a global advanced materials and specialty additives company that produces 2-Ethylhexanoic Acid for a variety of applications. Its diversified portfolio allows it to cater to the coatings, adhesives, and plasticizers markets effectively. Eastman’s strong North American presence and commitment to innovation make it a significant player.

Strategic Initiatives:

• Integration of sustainable practices into manufacturing
• Development of products for low-VOC coatings
• Focus on circular economy principles

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6️⃣ 5. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: 2-EHA, Comprehensive Portfolio of Chemical Intermediates

BASF, the world’s largest chemical producer, is a key manufacturer of 2-Ethylhexanoic Acid. The company’s vast integrated Verbund system allows for efficient and cost-effective production. BASF supplies 2-EHA for use in driers, lubricants, and PVC stabilizers, leveraging its global reach and extensive R&D capabilities.

Strategic Initiatives:

• Leadership in chemical catalyst technologies
• Commitment to carbon-neutral growth ambitions
• Strong focus on product stewardship and regulatory compliance

Download FREE Sample Report: 2-Ethylhexanoic Acid Market – View in Detailed Research Report

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5️⃣ 6. DuPont de Nemours, Inc.

Headquarters: Wilmington, Delaware, USA
Key Offering: High-Performance Materials, Specialty Intermediates including 2-EHA derivatives

DuPont is a global innovation leader with technologies and materials that are essential for modern life. While its direct production of 2-EHA is part of a broader intermediates portfolio, the company is a significant consumer and specifier of 2-EHA derivatives for its electronics, transportation, and safety & construction businesses.

Strategic Initiatives:

• Innovation in sustainable and high-performance materials
• Strategic portfolio transformation towards higher-growth markets
• Collaborations to develop next-generation additives

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4️⃣ 7. Elekeiroz S.A.

Headquarters: São Paulo, Brazil
Key Offering: 2-Ethylhexanoic Acid, Organic Peroxides, Plasticizers

Elekeiroz is a leading chemical company in South America and a key regional producer of 2-Ethylhexanoic Acid. It serves the growing Latin American market for paints, coatings, and plastics. The company’s strategic location provides a logistical advantage for supplying regional customers, reducing import dependencies.

Strategic Initiatives:

• Modernization of production facilities for increased efficiency
• Expansion of its distribution network within South America
• Focus on serving the local construction and automotive industries

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3️⃣ 8. Shenyang Zhangming Chemical Co., Ltd.

Headquarters: Shenyang, Liaoning, China
Key Offering: 2-EHA, Metallic Soaps (Driers), PVC Stabilizers

Shenyang Zhangming is a prominent Chinese manufacturer specializing in 2-Ethylhexanoic Acid and its metallic salts, which are essential paint driers. The company benefits from China’s large domestic market for coatings and construction materials, positioning it as a major supplier in the Asia-Pacific region.

Strategic Initiatives:

• Cost-competitive manufacturing leveraging local feedstock
• Increasing production capacity to meet regional demand
• Focus on quality improvements to compete in export markets

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2️⃣ 9. Qingan Chemical Co., Ltd.

Headquarters: Zibo, Shandong, China
Key Offering: 2-Ethylhexanoic Acid, Plasticizer Alcohols

Qingan Chemical is another significant Chinese producer in the 2-EHA market. The company operates in a major chemical industrial base in Shandong, benefiting from access to raw materials and a thriving downstream sector. It primarily serves the domestic paint, ink, and plasticizer industries.

Strategic Initiatives:

• Scalable production to adapt to market fluctuations
• Adherence to evolving environmental standards in China
• Development of strategic export channels

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1️⃣ 10. Jiangsu Dynamic Chemical Co., Ltd. (JXDC)

Headquarters: Jiangsu, China
Key Offering: 2-EHA, Fine Chemical Intermediates

Jiangsu Dynamic Chemical (JXDC) is a key manufacturer of fine chemical intermediates, including 2-Ethylhexanoic Acid. The company caters to both domestic and international markets, with a focus on providing reliable quality and competitive pricing. Its growth is tied to the expansion of China’s chemical industry.

Strategic Initiatives:

• Continuous process optimization for cost reduction
• Building long-term relationships with global distributors
• Exploring niche applications for 2-EHA derivatives

Get Full Report Here: 2-Ethylhexanoic Acid Market – View in Detailed Research Report

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🧪 Outlook: The Future of 2-Ethylhexanoic Acid Is Driven by Specialization and Sustainability

The 2-Ethylhexanoic Acid market is experiencing a gradual evolution. While traditional applications in paint driers and PVC stabilizers continue to anchor demand, the industry is increasingly focused on developing high-value specialty derivatives and more sustainable production pathways.

📈 Key Trends Shaping the Market:

• Regulatory pressure driving the shift towards non-cobalt driers and bio-based alternatives
• Growing R&D investment in pharmaceutical and specialty lubricant applications
• Geographic market expansion, with production growth anticipated in Asia
• Consolidation among producers to enhance technological capabilities and market reach

Get Full Report Here: 2-Ethylhexanoic Acid Market – View in Detailed Research Report

The companies listed above are not only supplying a critical chemical intermediate—they are actively shaping the innovation trajectory of multiple downstream industries.

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