Mexico 2-Ethylhexanol Market Outlook

mexico's 2-ethylhexanol market has experienced notable changes in recent years due to the development and growth of the automotive and beverage industries as well as the introduction of new regulations. the mexican 2-ethylhexanol market is projected to remain buoyant, with expectations for growth over the next decade. in mexico, 2-ethylhexanol is primarily used in the production of lubricants, oilfield chemicals, adhesives and polymers. due to the importance of the automotive industry in mexico, the demand for these applications is anticipated to remain strong in the coming years, which is expected to support future growth of the 2-ethylhexanol market. additionally, since 2-ethylhexanol is used as an intermediate for the production of alkyd resins, which are used in paints, coatings, and plastics, further growth in these markets is expected to drive demand. in terms of supply, mexico is largely dependent on imports, owing to their few domestic production capacities. domestic production capacities are primarily located in the northern region of mexico and produce a small percentage of the domestic demand. currently, mexico is highly dependent on us imports, which accounts for around 80-95% of the total 2-ethylhexanol imported to mexico. in terms of pricing, 2-ethylhexanol prices in mexico have been stable in recent years, ranging between us$6-7 per kilogram. however, prices are expected to fluctuate depending on the global demand-supply situation. while, geographically speaking, the majority of 2-ethylhexanol imports originate from the us and mexico, other major producers are also to be considered such as india and china. in conclusion, mexico’s 2-ethylhexanol industry is expected to remain buoyant and experience growth over the forecast period (2018-2032). the demand for applications such as lubricants, oilfield chemicals, adhesives, and polymers is projected to remain strong over the next decade. additionally, the pricing of 2-ethylhexanol is expected to remain stable, while imports are expected to come largely from the us. mexico can also benefit from the production of alkyd resins, which are used in paints, coatings, and plastics. any changes in global trends are likely to have an impact on the mexican 2-ethylhexanol market.