France 2-Ethylhexanol Market Outlook

france is the home of the one of the largest 2-ethylhexanol markets due to its strong manufacturing sector. france has been making inroads into the global 2-ethylhexanol market by strategically investing in chemical companies and the industrial cluster in its home region. rising demand from the paint and coatings, lubricant, and plastics industries are the major drivers of the 2-ethylhexanol consumption in france. as per market research future statistics, the demand for plasticizers from the automotive sector has been growing in the recent past and is projected to grow further. this will lead to an increased demand for 2-ethylhexanol, as one of its key end uses is in the production of plasticizers. the production capacities of 2-ethylhexanol in france are presently limited and major producers such as ineos oxide, ceca, and total petrochemicals are serving the local demand. to meet the growing demand, several non-france based companies have already established their presence in the region in order to keep pace with the domestic sales. with the increase in demand for 2-ethylhexanol from various industries, it is expected to see more new players enter the market. in order to reduce dependence on imports, the government of france has established various incentives and subsidies for the production of native 2-ethylhexanol. the growing awareness regarding environment and public health has compelled the government to frame regulations regarding use of chemicals such as 2-ethylhexanol, thereby making it mandatory for producers to comply with safety requirements. the growing demand for 2-ethylhexanol from emerging end use industries in france will ensure steady growth of the market over the years to come. in addition, steady demand from established end use markets is likely to boost the performance of the 2-ethylhexanol sector in the country. over the forecast period of 2018 to 2032, overall demand for 2-ethylhexanol in france is likely to exceed 55,000 tonnes per annum. going forward, the market will be largely fuelled by the construction, automotive, and personal care industries.