The Global Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) Market was valued at USD 412.5 Million in 2025 and is projected to reach USD 634.2 Million by 2034, growing at a Compound Annual Growth Rate (CAGR) of 4.8% during the forecast period (2024–2034). This growth is being driven by the expanding hydrometallurgy sector, increasing demand for high-purity metals from batteries and electronics, and the accelerating adoption of sustainable metal recovery processes from electronic waste and low-grade ores.

As the global push for a circular economy and resource security intensifies, the spotlight is on the key chemical suppliers who are driving innovation, efficiency, and cleaner extraction pathways. In this blog, we profile the Top 10 Companies in the Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) Industry—a mix of chemical giants, specialized producers, and regional leaders shaping the future of global metal separation and purification.

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🔟 1. Solvay S.A.

Headquarters: Brussels, Belgium
Key Offering: High-Purity D2EHPA, Specialized Extractant Blends

Solvay is a global leader in advanced materials and specialty chemicals, with a strong portfolio in organophosphorus extractants. Their D2EHPA products are renowned for high purity and consistency, serving critical applications in the extraction of rare earth elements, uranium, and base metals. The company invests heavily in R&D to develop next-generation solvent extraction solutions.

Innovation Focus:

• Development of synergistic extractant systems for complex separations

• Focus on sustainability through enhanced metal recovery efficiency

• Global technical support for mining and recycling operations

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Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) Market – View in Detailed Research Report

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9️⃣ 2. Lanxess AG

Headquarters: Cologne, Germany
Key Offering: D2EHPA, Liquid Ion Exchange Reagents

Lanxess is a leading specialty chemicals company with a significant presence in the liquid-ion exchange market. Its high-quality D2EHPA is essential for hydrometallurgical processes worldwide, particularly in the recovery of copper, zinc, and cobalt. The company’s expertise lies in providing tailored solutions for specific ore types and process conditions.

Innovation Focus:

• Optimization of reagent performance for lower environmental impact

• Expansion of product portfolio to serve the battery recycling market

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8️⃣ 3. Heavy Water Board (HWB)

Headquarters: Mumbai, India
Key Offering: D2EHPA for Nuclear Fuel Cycle

The Heavy Water Board, under India’s Department of Atomic Energy, is a key player in the production of D2EHPA for specific national strategic applications, particularly in the nuclear fuel cycle for uranium extraction and purification. It represents a significant specialized segment of the market.

Innovation Focus:

• Indigenous production to ensure supply security for critical industries

• R&D focused on application within the domestic nuclear sector

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7️⃣ 4. Luoyang Aoda Chemical Co., Ltd.

Headquarters: Luoyang, Henan, China
Key Offering: D2EHPA, Solvent Extraction Reagents

Luoyang Aoda Chemical is a major Chinese manufacturer of solvent extraction reagents, including D2EHPA. The company benefits from its proximity to China’s vast mining and metallurgy industry, supplying essential chemicals for rare earth element separation and base metal recovery.

Innovation Focus:

• Cost-effective production catering to large-volume consumers

• Focus on serving the rapidly growing Asian market

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Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) Market – View in Detailed Research Report

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6️⃣ 5. TINCI Materials Technology Co., Ltd.

Headquarters: Guangzhou, China
Key Offering: High-Purity D2EHPA, Phosphoric Acid Esters

TINCI Materials is a significant producer of fine chemicals in Asia, with a product line that includes D2EHPA used in various industrial applications. The company supplies the hydrometallurgy, water treatment, and other specialty chemical sectors.

Innovation Focus:

• Expansion of production capacity to meet regional demand

• Development of products for niche applications

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5️⃣ 6. Jiangsu Victory Chemical Co., Ltd.

Headquarters: Yancheng, Jiangsu, China
Key Offering: D2EHPA, P204 Extractant

Jiangsu Victory Chemical is a specialized manufacturer of organophosphorus compounds, including D2EHPA (also known industrially as P204). The company is a key supplier to the Chinese market, supporting its domestic metal processing and chemical industries.

Innovation Focus:

• Maintaining competitive pricing for industrial customers

• Ensuring consistent product quality for demanding applications

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4️⃣ 7. Xingyu Group Co., Ltd.

Headquarters: Yantai, Shandong, China
Key Offering: D2EHPA, Solvent Extractants

Xingyu Group is another prominent Chinese chemical enterprise involved in the production of solvent extraction reagents. Its D2EHPA products are utilized in the separation of non-ferrous and precious metals, contributing to the region’s metallurgical output.

Innovation Focus:

• Integration within the local chemical manufacturing ecosystem

• Supply chain optimization for domestic consumers

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3️⃣ 8. Cytec Industries (Part of Solvay)

Headquarters: Woodland Park, New Jersey, USA (Legacy)
Key Offering: Specialty Extractants (Historical legacy brand)

While now integrated into Solvay, the Cytec brand historically represented a major force in solvent extraction technology, including advanced formulations of extractants like D2EHPA. The technological expertise and customer relationships developed under Cytec continue to be a significant asset within Solvay’s portfolio.

Innovation Focus:

• Legacy of technological innovation in metal separation

• Strong presence in North American and European markets

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2️⃣ 9. Yick-Vic Chemicals & Pharmaceuticals (HK) Ltd.

Headquarters: Hong Kong
Key Offering: D2EHPA, Chemical Intermediates

Yick-Vic is a international supplier of fine chemicals and pharmaceuticals intermediates, distributing D2EHPA to various global markets. The company acts as a key link between manufacturers and end-users in different regions.

Innovation Focus:

• Global logistics and supply chain management

• Sourcing and distributing high-quality chemical products

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1️⃣ 10. Other Regional and Specialized Producers

Scope: Various countries
Key Offering: D2EHPA for local and niche markets

This segment includes a range of smaller, regional manufacturers and specialized chemical producers in countries like Japan, South Korea, and former Soviet Union states. These companies cater to specific domestic demands or specialized applications, often competing on price and local service.

Market Role:

• Fulfilling local demand and ensuring regional supply security

• Providing competition and diversity in the global market landscape

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Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) Market – View in Detailed Research Report

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🌍 Outlook: The Future of D2EHPA Is Smarter and More Sustainable

The D2EHPA market is undergoing a significant evolution. While traditional metal extraction remains the core application, the industry is investing in process optimization, higher-purity grades, and applications aligned with the circular economy.

📈 Key Trends Shaping the Market:

• R&D into modified and synergistic extractants for complex separations

• Growing emphasis on battery recycling and urban mining for critical metals

• Digitalization and process control to minimize reagent consumption and waste

• Strategic partnerships between chemical suppliers and metal producers for closed-loop systems

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Di-(2-Ethyl Hexyl) phosphoric Acid (D2EHPA) Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial chemical—they’re enabling the efficient and sustainable extraction of the metals that power modern technology.