India 2 Ethyl Hexanol Market

India 2-Ethyl Hexanol Market, By Application (Plasticizers, 2-EH Acrylate, 2-EH Nitrate, Others); By End User (Paint & Coatings, Adhesives, Industrial Chemicals, Others); By Sales Channel (Direct Sales, Indirect Sales); By Region (North India, South India, East India, West India), Trend Analysis, Competitive Landscape & Forecast, 2019–2031
- Published Date: January 2025
- Report ID: BWC25026
- Available Format: PDF
- Page: 138
Report Overview
An increasing demand from the plasticizer industry for PVC applications, rising use of 2-Ethyl Hexanol in coatings, paints, and adhesives, and expansion of the country’s chemical manufacturing sector are expected to drive India 2-Ethyl Hexanol Market during the forecast period between 2025 and 2031.
India 2-Ethyl Hexanol Market – Industry Trends & Forecast Report, 2031
India 2-Ethyl Hexanol Market size was estimated at USD 2.8 billion in 2024. During the forecast period between 2025 and 2031, India 2-Ethyl Hexanol Market size is projected to grow at a steady CAGR of 3.60% reaching a value of USD 3.5 billion by 2031. Prominent drivers of the market include the rising demand for resins and adhesives in industries like woodworking, packaging, and automotive. The polymer industry's need for plasticizers, where 2-ethylhexanol (2-EH) enhances the flexibility and durability of PVC used in construction and automotive applications, is a significant growth factor. Additionally, its role as a key solvent in paints, coatings, and adhesives supports growth in the construction and manufacturing sectors. Further, its use in esters for synthetic lubricants and in personal care products as a component of emollients highlights 2-EH's versatility across industries, ensuring sustained market momentum.
2-Ethyl Hexanol – Overview
2-ethylhexanol (2-EH) is a colorless liquid alcohol with the molecular formula C8H18O, known for its versatility in industrial applications. 2-EH is primarily used as a precursor in producing plasticizers like dioctyl phthalate (DOP), which enhance the flexibility of PVC products such as vinyl flooring and cable insulation. Additionally, 2-EH functions as a solvent in coatings, adhesives, and inks, and serves as an intermediate in synthesizing various chemicals. Its low volatility, high boiling point, and unique properties make it suitable for numerous industrial processes. Widely valued in the chemical industry, 2-EH plays a pivotal role in developing materials that improve the performance and functionality of everyday products.
India 2-Ethyl Hexanol Market
Growth Drivers
Spurring Demand for 2-EH from Plasticizer Industry for PVC Applications
India 2-Ethyl Hexanol (2-EH) Market is witnessing significant growth, driven primarily by its critical role in producing plasticizers for PVC (polyvinyl chloride) applications. As a key intermediate in manufacturing dioctyl phthalate (DOP), 2-EH enhances the flexibility and durability of PVC products, making it indispensable in industries such as construction, automotive, and packaging. The booming construction sector, propelled by urbanization, population growth, and infrastructure projects, has led to a surge in demand for PVC-based materials like vinyl flooring, cable insulation, and pipes. Similarly, the automotive industry's expansion, fueled by rising disposable incomes and government initiatives, relies heavily on plasticizers derived from 2-EH for producing durable and adaptable components like seals, gaskets, and interior trims. Furthermore, the rise of real estate and smart city developments has amplified the need for flexible PVC products, underscoring the importance of 2-EH in supporting large-scale infrastructure projects. Despite challenges such as raw material price fluctuations and stringent environmental regulations, the shift towards sustainable production practices, including bio-based plasticizers, highlights the market's adaptability and alignment with global sustainability goals. As the construction and automotive sectors continue to expand, the demand for 2-EH in PVC applications is expected to remain a key driver of growth, solidifying its role in India's economic development and chemical manufacturing sector.
Challenges
Fluctuations in Raw Material Prices
High volatility in raw material prices poses a significant challenge to the growth of India's 2-Ethyl Hexanol Market. Key inputs like n-butanol and propylene experience erratic price shifts, directly impacting production costs and creating market volatility. The price instability makes it difficult for manufacturers to maintain competitive pricing and stable profit margins, hindering their ability to plan for capacity expansion and invest in research and development. As a result, long-term market growth is constrained. To address these challenges, companies in the 2-Ethyl Hexanol sector are exploring strategies, such as diversifying supply chains and adopting cost-efficient technologies, aiming to reduce the impact of raw material fluctuations and ensure market stability and sustainable growth.
Impact of Escalating Geopolitical Tensions on India 2-Ethyl Hexanol Market
Escalating geopolitical tensions could significantly impact the growth of India 2-Ethyl Hexanol Market by disrupting raw material supplies, such as n-butanol and propylene, leading to price volatility. Economic, political, trade, and military tensions could strain global trade routes and create supply chain bottlenecks, increasing production costs and reducing market stability. Manufacturers face challenges in maintaining competitive pricing and profit margins, hindering their ability to expand production capacities and invest in innovation. The uncertainty caused by geopolitical issues also limits long-term growth prospects. To mitigate these effects, businesses in the 2-EH market are focusing on diversifying suppliers and adopting cost-effective technologies to ensure resilience and sustained growth.
India 2-Ethyl Hexanol Market
Segmental Coverage
India 2-Ethyl Hexanol Market – By Application
Based on application, India 2-Ethyl Hexanol Market is divided into Plasticizers, 2-EH Acrylate, 2-EH Nitrate, and other applications segments. Over the forecast period, the 2-EH Acrylate segment is expected to hold the highest share in India 2-Ethyl Hexanol Market by application. 2-EH Acrylate, synthesized from 2-Ethylhexanol, plays a crucial role in the production of coatings, adhesives, and sealants, thanks to its durability and flexibility. Widely utilized in the automotive and construction sectors, its demand has surged due to the growing preference for eco-friendly and high-performance materials. Furthermore, 2-EH Acrylate enhances chemical resistance and adhesion in formulations, making it a key component in the acrylics market and contributing to its continued growth.
India 2-Ethyl Hexanol Market – By End User
India 2-Ethyl Hexanol Market by end user is divided into Paint & Coatings, Adhesives, Industrial Chemicals, and other end users segments. The industrial chemicals segment holds the highest share in India 2-Ethyl Hexanol Market by end user. It is primarily driven by the vital role of 2-Ethyl Hexanol (2-EH) as a key raw material in producing various industrial chemicals. This versatile compound is essential in synthesizing plasticizers, esters, solvents, and surfactants, widely used in industries such as plastics, paints, coatings, adhesives, agrochemicals, and lubricants. The growth of India’s manufacturing and chemical processing sectors, alongside rising demand for specialty chemicals, has significantly increased the demand for 2-EH. Its adaptability for diverse chemical syntheses cements its prominence in the industrial chemicals segment.
India 2-Ethyl Hexanol Market – By Sales Channel
India 2-Ethyl Hexanol Market by sales channel is bifurcated into Direct Sales and Indirect Sales segments.
India 2-Ethyl Hexanol Market – By Region
The in-depth research report on India 2-Ethyl Hexanol Market covers the market in the country’s major regions: North India, South India, East India, and West India regions. West India holds the highest share in India 2-Ethyl Hexanol Market and is expected to maintain its dominance during the forecast period. The prominence is driven by well-established industrial infrastructure, access to essential resources, and strategic geographical benefits. States like Gujarat and Maharashtra host major chemical and petrochemical manufacturing hubs, bolstering the production and distribution of 2-Ethyl Hexanol. Proximity to western ports ensures efficient import of critical raw materials like n-butanol, while a skilled workforce, supportive policies, and robust transportation networks enhance the region's appeal. As India's chemical and manufacturing industries expand, West India's strategic advantages position it as a key driver of market growth.
Competitive Landscape
Major players operating in India 2-Ethyl Hexanol Market include Central Drug House Pvt Ltd, Andhra Petrochemicals Limited, Vizag Chemical, Mitsubishi Chemical Corporation, Pon Pure Chemicals Group, Pacific Texchem Private Limited, Emco Dyestuff Pvt Ltd, Cosmic Chemicals, and KH Chemicals. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
-
In 2023 - The Indian Central Government prioritized enhancing ethanol production and supply, particularly under the Ethanol Blended with Petrol (EBP) Programme, to manage surplus seasons effectively. Policy reforms spurred remarkable growth in production capacities, with molasses-based distilleries expanding from 215 crore liters in 2014 to 811 crore liters over nine years, and grain-based distilleries increasing from 206 crore liters in 2013 to 433 crore liters. The growth propelled the national ethanol production capacity to 1,244 crore liters in 2023. Ethanol supply to oil marketing companies (OMCs) rose from 38 crore liters in 2013-14 at a 1.53% blending level to an eightfold increase by 2020-21, reflecting substantial progress in fuel-grade ethanol output.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2031 |
Base Year – 2024 |
|
Estimated Year – 2025 |
|
Forecast Period – 2025–2031 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
India |
Product/ Service Segmentation |
Application, End User, Sales Channel, Region |
Key Players |
Central Drug House Pvt Ltd, Andhra Petrochemicals Limited, Vizag Chemical, Mitsubishi Chemical Corporation, Pon Pure Chemicals Group, Pacific Texchem Private Limited, Emco Dyestuff Pvt Ltd, Cosmic Chemicals, KH Chemicals |
By Application
-
Plasticizers
-
2-EH Acrylate
-
2-EH Nitrate
-
Others
By End User
-
Paint & Coatings
-
Adhesives
-
Industrial Chemicals
-
Others
By Sales Channel
-
Direct Sales
-
Indirect Sales
By Region
-
North India
-
South India
-
East India
-
West India
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- India 2-Ethyl Hexanol Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Increasing demand from the plasticizer industry for PVC applications
- Rising use of 2-Ethyl Hexanol in coatings, paints, and adhesives
- Expansion of the Indian chemical manufacturing sector
- Restraints
- Volatility in raw material End Users
- Competition from alternative chemicals with similar applications.
- Opportunities
- Increasing adoption of sustainable and bio-based 2-Ethyl Hexanol products
- Expansion of export opportunities to neighboring countries with limited domestic production
- Challenges
- High initial capital investment required for production facilities.
- Stringent environmental regulations on the use and production of chemical solvents
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- India 2-Ethyl Hexanol Market: Marketing Strategies
- India 2-Ethyl Hexanol Market: Pricing Analysis
- India 2-Ethyl Hexanol Market Overview
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- By Volume (Thousand Tons)
- Market Share & Forecast
- By Application
- Plasticizers
- 2-EH Acrylate
- 2-EH Nitrate
- Others
- By End User
- Paint & Coatings
- Adhesives
- Industrial Chemicals
- Others
- By Sales Channel
- Direct Sales
- Indirect Sales
- By Region
- North India
- South India
- East India
- West India
- By Application
- Market Size & Forecast, 2019–2031
- North India 2-Ethyl Hexanol Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- By Volume (Thousand Tons)
- Market Share & Forecast
- By Application
- By End User
- By Sales Channel
- Market Size & Forecast, 2019–2031
- South India 2-Ethyl Hexanol Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- By Volume (Thousand Tons)
- Market Share & Forecast
- By Application
- By End User
- By Sales Channel
- Market Size & Forecast, 2019–2031
- East India 2-Ethyl Hexanol Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- By Volume (Thousand Tons)
- Market Share & Forecast
- By Application
- By End User
- By Sales Channel
- Market Size & Forecast, 2019–2031
- West India 2-Ethyl Hexanol Market
- Market Size & Forecast, 2019–2031
- By Value (USD Billion)
- By Volume (Thousand Tons)
- Market Share & Forecast
- By Application
- By End User
- By Sales Channel
- Market Size & Forecast, 2019–2031
- Competitive Landscape
- List of Key Players and Their Offerings
- India 2-Ethyl Hexanol Company Market Share Analysis, 2024
- Competitive Benchmarking, By Operation Channel Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- Impact of Escalating Geopolitical Tensions on India 2-Ethyl Hexanol Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Central Drug House Pvt Ltd
- Andhra Petrochemicals Limited
- Vizag Chemical
- Mitsubishi Chemical Corporation
- Pon Pure Chemicals Group
- Pacific Texchem Private Limited
- Emco Dyestuff Pvt Ltd
- Cosmic Chemicals
- KH Chemicals
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Table 1 India 2-Ethyl Hexanol Market Segmentation
Table 2 India 2-Ethyl Hexanol Market Value Chain Analysis
Table 3 Company Market Share Analysis, 2024
Table 4 India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 5 India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 6 India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 7 India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 8 India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 9 India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 10 India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 11 India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
Table 12 India 2-Ethyl Hexanol Market Share, By Region, By Value (USD Billion) 2019–2031
Table 13 India 2-Ethyl Hexanol Market Share, By Region, By Volume (Thousand Tons) 2019–2031
Table 14 North India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 15 North India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 16 North India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 17 North India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 18 North India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 19 North India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 20 North India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 21 North India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
Table 22 South India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 23 South India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 24 South India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 25 South India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 26 South India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 27 South India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 28 South India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 29 South India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
Table 30 East India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 31 East India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 32 East India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 33 East India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 34 East India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 35 East India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 36 East India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 37 East India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
Table 38 West India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 39 West India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 40 West India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 41 West India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 42 West India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 43 West India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 44 West India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 45 West India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
List of Tables
Table 1 India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 2 India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 3 India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 4 India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 5 India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 6 India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 7 India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 8 India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
Table 9 India 2-Ethyl Hexanol Market Share, By Region, By Value (USD Billion) 2019–2031
Table 10 India 2-Ethyl Hexanol Market Share, By Region, By Volume (Thousand Tons) 2019–2031
Table 11 North India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 12 North India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 13 North India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 14 North India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 15 North India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 16 North India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 17 North India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 18 North India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
Table 19 South India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 20 South India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 21 South India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 22 South India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 23 South India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 24 South India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 25 South India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 26 South India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
Table 27 East India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 28 East India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 29 East India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 30 East India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 31 East India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 32 East India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 33 East India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 34 East India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
Table 35 West India 2-Ethyl Hexanol Market Size, By Value (USD Billion), 2019–2031
Table 36 West India 2-Ethyl Hexanol Market Size, By Volume (Thousand Tons) 2019–2031
Table 37 West India 2-Ethyl Hexanol Market Share, By Application, By Value (USD Billion) 2019–2031
Table 38 West India 2-Ethyl Hexanol Market Share, By Application, By Volume (Thousand Tons) 2019–2031
Table 39 West India 2-Ethyl Hexanol Market Share, By End User, By Value (USD Billion) 2019–2031
Table 40 West India 2-Ethyl Hexanol Market Share, By End User, By Volume (Thousand Tons) 2019–2031
Table 41 West India 2-Ethyl Hexanol Market Share, By Sales Channel, By Value (USD Billion) 2019–2031
Table 42 West India 2-Ethyl Hexanol Market Share, By Sales Channel, By Volume (Thousand Tons) 2019–2031
Table 43 Central Drug House Pvt Ltd Company Overview
Table 44 Central Drug House Pvt Ltd Financial Overview
Table 45 Andhra Petrochemicals Limited Company Overview
Table 46 Andhra Petrochemicals Limited Financial Overview
Table 47 Vizag Chemical Company Overview
Table 48 Vizag Chemical Financial Overview
Table 49 Mitsubishi Chemical Corporation Company Overview
Table 50 Mitsubishi Chemical Corporation Financial Overview
Table 51 Pon Pure Chemicals Group Company Overview
Table 52 Pon Pure Chemicals Group Financial Overview
Table 53 Pacific Texchem Private Limited Company Overview
Table 54 Pacific Texchem Private Limited Financial Overview
Table 55 Emco Dyestuff Pvt Ltd Company Overview
Table 56 Emco Dyestuff Pvt Ltd Financial Overview
Table 57 Cosmic Chemicals Company Overview
Table 58 Cosmic Chemicals Financial Overview
Table 59 KH Chemicals Company Overview
Table 60 KH Chemicals Financial Overview
Market Segmentation
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