Canada 2-Ethylhexanol Market Outlook

canada has rapidly become a global leader in 2-ethylhexanol production. in 2018, canada produced an estimated 17.4 kilotons with six manufacturing sites distributed between alberta, saskatchewan, and ontario. this local production is complemented by imports as raw materials and to satisfy domestic demand, showing canada's reliance on external sources. the demand for 2-ethylhexanol in canada is primarily determined by the automotive industry. adhesives, coatings, and lubricants are just some products with prominent applications in the automotive industry which are derived from 2-ethylhexanols. currently, the market uses polymeric esters and polyether esters which are used in engine oils, brake fluids, and hydraulic fluids. the demand for such products is expected to rise as new regulations come into play at the federal and provincial level, particularly on emissions. the main supplier of 2-ethylhexanol for canada is the us. however, the european market has been diversifying and businesses have been looking to canada for more reliable sources. canada has a competitive export market for 2-ethylhexanol. key destinations include us, china, mexico, and japan. the pricing of 2-ethylhexanol in canada has been competitive; however, rising energy costs and demand from global markets can affect the cost dynamics in the near future. in the short-term, the price development will depend on the supply situation in the us, which accounts for some of the largest producers and exporters of 2-ethylhexanol, and on the extent of imports from china which account for a huge portion of the global market. the outlook for canada’s 2-ethylhexanols through 2032 looks positive, as the use of polymeric esters and polyether esters used in automotive fluids like engine oils, brake fluids, and hydraulic fluids continues to rise with the implementation of stricter emissions regulations. additionally, canada is expected to benefit from increased global demand, as businesses look to the country for reliable sources of supply. in conclusion, the near term outlook for the canada 2-ethylhexanol market is positive, with increasing demand from the automotive industry as emissions regulations become stricter and rising exports to global markets.