2-ethyl hexanoic acid Pricing Assessment

Markets Covered:

Malaysia

Japan

India

United States

Germany

Turkey

Indonesia

Vietnam

2-Ethyl Hexanoic Acid Price Trend, Analysis and Forecast

In Q1 2024, 2-Ethyl Hexanoic Acid (2-EHA) prices in the APAC region saw a 7% increase compared to Q4 2023, with Japan being a major exporter to Vietnam and India. In Europe, prices experienced a more modest 1% increase from Q4 2023, with Germany as the primary exporter to the USA and Turkey. The price trends in both regions were driven by factors such as stable demand and gradual shifts in production levels.

In Q2 2024, the APAC region experienced a significant price surge of approximately 23% compared to Q1 2024. This increase was driven by rising demand from industries such as pharmaceuticals, agrochemicals, and coatings, as economic activity rebounded, and manufacturers ramped up production. In contrast, the European market saw a slight price decrease of about 0.1% compared to Q1 2024. This stability was due to increased production capacities and stable supply levels, which helped mitigate major price fluctuations.

In Q3 2024, demand for 2-EHA in the APAC region is expected to remain strong, particularly in sectors like coatings, plastics, and agrochemicals, with ongoing economic recovery supporting industrial activity. Price pressure may continue if raw material costs fluctuate. In Europe, the demand for 2-EHA is anticipated to remain stable, driven by consistent production levels and applications in coatings, lubricants, and plastics. Seasonal variations in production schedules may cause minor price fluctuations, but overall, the market is expected to stabilize due to steady supply chains.

In Q4 2024, both the APAC and European regions are expected to experience robust demand, driven by industries such as automotive, coatings, and agrochemicals. In the APAC region, increased production ahead of year-end deadlines could lead to heightened demand, with fluctuating feedstock prices potentially influencing costs. In Europe, the seasonal uptick in demand for coatings, plastics, and lubricants could put upward pressure on 2-EHA prices. Manufacturers are likely to increase production to meet demand, but fluctuations in raw material costs, geopolitical tensions, and broader economic conditions, such as inflation and consumer spending, will remain significant factors in price adjustments.

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is your trusted resource for tracking global 2-ethyl hexanoic acid price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the 2-ethyl hexanoic acid market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

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Track 's 2-ethyl hexanoic acid price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in 2-ethyl hexanoic acid prices

Russia-Ukraine Conflict (2022): As manufacturers seek to mitigate risks associated with disrupted supplies, there may be a shift towards sourcing alternative materials or suppliers. This increased demand can drive up prices, especially if alternative sources are limited or less efficient. Uncertainty surrounding the conflict has led to speculation in the commodities markets. Traders reacting to news about the situation can influence pricing through buying and selling pressure, often leading to short-term volatility in 2-EHA prices.

Texas Winter Storm (2021): The severe cold weather led to widespread power outages and infrastructure failures across Texas, a major hub for chemical manufacturing. Many facilities had to shut down or reduce operations, leading to decreased production capacity for chemicals, including 2-EHA. This reduction in supply contributed to upward pressure on prices.

COVID-19 Pandemic (2020): The availability of raw materials for producing 2-EHA was impacted as sourcing became more challenging. Disruptions in logistics and transportation hampered the delivery of critical feedstocks, leading to increased production costs for manufacturers, which were often passed on to customers. Demand for 2-EHA varied significantly during the pandemic. While some sectors, such as pharmaceuticals and personal care products, saw increased demand, others, like automotive and construction, experienced slowdowns. This variability led to uncertainty in pricing as manufacturers adjusted to shifting market needs.

Geopolitical Tensions (2018-2019): In 2018, the U.S.-China trade war escalated, leading to the imposition of tariffs on various chemical products and raw materials. This created uncertainty in pricing and availability, as manufacturers faced increased costs for imported materials essential for producing 2-EHA. Geopolitical tensions often resulted in disruptions to supply chains. Conflicts and sanctions affected logistics and transportation routes, leading to delays in the delivery of raw materials. Such disruptions increased lead times and contributed to higher production costs for 2-EHA.

Shale Gas Boom (2010): The shale gas boom led to a significant increase in the availability of natural gas and ethane, which are critical feedstocks for the production of many petrochemicals, including those used to manufacture 2-EHA. The increased supply of these raw materials helped lower production costs, positively impacting 2-EHA prices.

Global Financial Crisis (2008-2009): During the financial crisis, many industries, including automotive, construction, and consumer goods, faced significant downturns. This reduction in economic activity led to decreased demand for 2-EHA, which is used in various applications like plastics, coatings, and lubricants. As demand waned, prices of 2-EHA tended to decline.
Hurricane Katrina (2005): Hurricane Katrina caused extensive damage to numerous chemical plants and refineries in the Gulf Coast region. Many facilities were forced to shut down or operate at reduced capacity due to flooding and infrastructure damage. This disruption led to a decrease in the production of 2-EHA and other chemicals, contributing to supply shortages. The storm impacted the supply of raw materials critical for producing 2-EHA. With many suppliers affected by the hurricane, the availability of essential feedstocks became limited. This shortage drove up production costs and, consequently, the prices of 2-EHA.

Methodology and Specifications

2-ethyl hexanoic acid Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major 2-Ethyl Hexanoic Acid production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire 2-Ethyl Hexanoic Acid supply chain, from raw material availability (e.g. Propylene ) to production and distribution channels. This includes monitoring feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact 2-Ethyl Hexanoic Acid prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on 2-Ethyl Hexanoic Acid production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., automotive, packaging), to predict shifts in 2-Ethyl Hexanoic Acid demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global 2-Ethyl Hexanoic Acid production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming 2-Ethyl Hexanoic Acid production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including packaging, automotive, and construction. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global 2-Ethyl Hexanoic Acid pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast 2-Ethyl Hexanoic Acid prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable 2-Ethyl Hexanoic Acid pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

144.24 g/mol

CAS No

149-57-5

HS Code

29159090

Molecular Formula

C8H16O2

2-ethyl hexanoic acid

2-Ethyl Hexanoic Acid (C8H16O2) is a branched-chain fatty acid used in various industries. It is a colourless to pale yellow liquid with a mild odor. The acid is primarily used as a plasticizer in PVC and other polymers, enhancing flexibility, and as a lubricant additive to improve oil and grease performance. Additionally, it serves as a precursor for metal salts used as catalysts, and as a solvent in coatings, inks, and adhesives. With a molecular weight of 144.21 g/mol, it is soluble in organic solvents and plays a key role in automotive, chemical, and manufacturing industries.

Packaging Type

Iso Tank

Grades Covered

Industrial Grade

Incoterms Used

FOB Japan, FOB Malaysia, FOB Germany, CIF Nhava Seva (Japan),CIF Haiphong(Japan), CIF Jakarta (Malaysia),CIF Houston(Germany), CIF Mersin(Germany).

Synonym

Octoic acid

Quotation Terms:

25-28 MT

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Item	Specification
Appearance	Clear liquid
color	15 Max.
Specific Gravity (20/4 °C)	0.905-0.910
Purity	99.0 min
Water content	0.10 Max
Acidity	Max 0.002

Applications

2-EHA is commonly used as a plasticizer in the production of polyvinyl chloride (PVC) and other polymers. It enhances the flexibility, durability, and workability of plastic products, making it ideal for various consumer and industrial applications. In the coatings and paints industry, 2-EHA serves as a solvent due to its ability to dissolve a wide range of organic materials. It helps improve the application properties and finish of paints, varnishes, and lacquers.2-EHA is Surfactants Used in detergents and cleaners to enhance emulsification and wetting properties. Lubricants Employed in automotive and industrial lubricants to improve performance and stability. In agrochemicals, 2-EHA is used in the formulation of pesticides and herbicides. It helps in enhancing the solubility and effectiveness of active ingredients, improving their performance in agricultural applications. 2-EHA is found in certain cosmetic formulations and personal care products, where it acts as an emollient and skin-conditioning agent, contributing to product texture and performance. As an intermediate in pharmaceutical manufacturing, 2-EHA plays a role in the synthesis of various drugs, enhancing their effectiveness and stability. In the adhesive industry, 2-EHA is used to improve the bonding properties and flexibility of formulations, making it suitable for diverse applications in construction and automotive sectors.

Disclaimer

2-Ethyl Hexanoic Acid price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for 2-ethyl hexanoic acid. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence the pricing of 2-Ethyl Hexanoic Acid? +

The pricing of 2-Ethyl Hexanoic Acid is influenced by several factors, including raw material costs, production capacity, and global demand trends. Additionally, geopolitical stability in producing regions, transportation costs, and the availability of sustainable production methods also play significant roles. Regular monitoring of these factors can help procurement heads make informed purchasing decisions.

How can I forecast future pricing trends for 2-Ethyl Hexanoic Acid? +

To forecast future pricing trends for 2-Ethyl Hexanoic Acid, procurement heads should analyze historical pricing data, monitor supply chain dynamics, and stay updated on industry news. Additionally, following trends in raw material prices and technological advancements in production can provide insights. Engaging with market analysts and subscribing to industry reports can also enhance forecasting accuracy.

Are there any sustainable options for sourcing 2-Ethyl Hexanoic Acid that could affect pricing? +

Yes, sustainable sourcing options for 2-Ethyl Hexanoic Acid, such as bio-based feedstocks, are becoming more prevalent and can impact pricing. While initial costs for sustainable options may be higher, they often lead to long-term savings and compliance with environmental regulations. As demand for eco-friendly products rises, exploring these sustainable alternatives could provide procurement heads with competitive pricing strategies and enhance their corporate sustainability initiatives.