Europe 2-Ethylhexanol Market Size, Share & Trends Analysis Report By Application (Plasticizers, 2-EH Acrylate, 2-EH Nitrate, and Other Applications), By End Use, By Country and Growth Forecast, 2024 - 2031

The Europe 2-Ethylhexanol Market would witness market growth of 4.2% CAGR during the forecast period (2024-2031). In the year 2021, the Europe market's volume surged to 623.84 kilo tonnes, showcasing a growth of 23.4% (2020-2024).

In adhesive production, 2-ethylhexanol plays a critical role as a plasticizer, enhancing the flexibility, adhesion strength, and stability of end products. It ensures that adhesives maintain their performance over extended periods, even under fluctuating temperatures and environmental conditions. Common applications include pressure-sensitive adhesives, laminating adhesives, and sealants used in construction, packaging, and automotive industries. Its compatibility with various polymers allows formulators to create versatile adhesive solutions tailored for specific industrial needs. Thus, in Germany, 55.34 kilo tonnes of 2-Ethylhexanol are expected to be utilized in adhesive by the year 2031.

The Germany market dominated the Europe Adhesives Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $86.8 million by 2031. The UK market is experiencing a CAGR of 3.3% during (2024 - 2031). Additionally, The France market would exhibit a CAGR of 5.3% during (2024 - 2031).

In the automotive industry, 2-ethylhexanol produces various additives that improve engine lubrication and fuel efficiency. Its use in the formulation of high-performance lubricants helps to meet increasingly stringent regulations for energy efficiency and emissions reduction. 2-ethylhexanol also serves as a solvent in various industrial processes, such as paint thinners and industrial cleaning agents. It is used in producing dyes, coatings, and varnishes due to its ability to dissolve a wide range of organic compounds, facilitating smoother application and better finish quality.

Adopting 2-ethylhexanol has seen steady growth over the past few decades, particularly in indispensable sectors as a chemical intermediate. The demand for plasticizers in the construction and automotive industries has surged, driving a corresponding increase in the consumption of 2-ethylhexanol. The shift towards sustainability is also influencing the adoption of 2-ethylhexanol. Manufacturers are increasingly investing in green technologies that involve renewable raw materials to produce 2-ethylhexanol, reducing reliance on petroleum-based resources. This trend has led to bio-based plasticizers using plant-based feedstocks to produce products like 2-ethylhexanol.

Europe's strategic importance in the global chemical industry significantly impacts the 2-ethylhexanol market. As a major producer and exporter of chemicals, Europe's production capabilities and technological advancements set benchmarks for global standards. The region's focus on sustainable and innovative chemical solutions creates opportunities for developing new 2-ethylhexanol applications, catering to emerging market needs. Thus, the rising chemical production in Europe profoundly impacts the growth of the market.

Free Valuable Insights: The Global 2-Ethylhexanol Market will Hit USD 8.98 Billion by 2031, at a CAGR of 4.9%

Based on Application, the market is segmented into Plasticizers, 2-EH Acrylate, 2-EH Nitrate, and Other Applications. Based on End Use, the market is segmented into Paints & Coatings, Adhesives, Industrial Chemicals, and Other End-uses. Based on countries, the market is segmented into Germany, UK, France, Russia, Netherlands, Italy, and Rest of Europe.

List of Key Companies Profiled

• BASF SE
• The Dow Chemical Company
• DuPont de Nemours, Inc.
• Saudi Basic Industries Corporation (SABIC)
• Exxon Mobil Corporation
• Arkema S.A.
• Celanese Corporation
• LyondellBasell Industries Holdings B.V.
• INEOS Group Holdings S.A.
• Eastman Chemical Company

Europe 2-Ethylhexanol Market Report Segmentation

By Application (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Plasticizers
• 2-EH Acrylate
• 2-EH Nitrate
• Other Applications

By End Use (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Paints & Coatings
• Adhesives
• Industrial Chemicals
• Other End-uses

By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)

• Germany
• UK
• France
• Russia
• Netherlands
• Italy
• Rest of Europe

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe 2-Ethylhexanol Market, by Application
1.4.2 Europe 2-Ethylhexanol Market, by End Use
1.4.3 Europe 2-Ethylhexanol Market, by Country
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis

Chapter 4. Europe 2-Ethylhexanol Market by Application
4.1 Europe Plasticizers Market by Country
4.2 Europe 2-EH Acrylate Market by Country
4.3 Europe 2-EH Nitrate Market by Country
4.4 Europe Other Applications Market by Country

Chapter 5. Europe 2-Ethylhexanol Market by End-use
5.1 Europe Paints & Coatings Market by Country
5.2 Europe Adhesives Market by Country
5.3 Europe Industrial Chemicals Market by Country
5.4 Europe Other End-uses Market by Country

Chapter 6. Europe 2-Ethylhexanol Market by Country
6.1 Germany 2-Ethylhexanol Market
6.1.1 Germany 2-Ethylhexanol Market by Application
6.1.2 Germany 2-Ethylhexanol Market by End-use
6.2 UK 2-Ethylhexanol Market
6.2.1 UK 2-Ethylhexanol Market by Application
6.2.2 UK 2-Ethylhexanol Market by End-use
6.3 France 2-Ethylhexanol Market
6.3.1 France 2-Ethylhexanol Market by Application
6.3.2 France 2-Ethylhexanol Market by End-use
6.4 Russia 2-Ethylhexanol Market
6.4.1 Russia 2-Ethylhexanol Market by Application
6.4.2 Russia 2-Ethylhexanol Market by End-use
6.5 Netherlands 2-Ethylhexanol Market
6.5.1 Netherlands 2-Ethylhexanol Market by Application
6.5.2 Netherlands 2-Ethylhexanol Market by End-use
6.6 Italy 2-Ethylhexanol Market
6.6.1 Italy 2-Ethylhexanol Market by Application
6.6.2 Italy 2-Ethylhexanol Market by End-use
6.7 Rest of Europe 2-Ethylhexanol Market
6.7.1 Rest of Europe 2-Ethylhexanol Market by Application
6.7.2 Rest of Europe 2-Ethylhexanol Market by End-use

Chapter 7. Company Profiles
7.1 BASF SE
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 SWOT Analysis
7.2 The Dow Chemical Company
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 DuPont de Nemours, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 Eastman Chemical Company
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 SABIC (Saudi Arabian Oil Company)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 SWOT Analysis
7.6 Exxon Mobil Corporation
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 SWOT Analysis
7.7 Arkema S.A.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.7.5 SWOT Analysis
7.8 Celanese Corporation
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expenses
7.8.5 SWOT Analysis
7.9 LyondellBasell Industries Holdings B.V.
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 SWOT Analysis
7.10. INEOS Group Holdings S.A.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expense
7.10.5 SWOT Analysis

TABLE 1 Europe 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 2 Europe 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 3 Europe 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 4 Europe 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 5 Europe 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 6 Europe 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 7 Europe 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 8 Europe 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 9 Europe Plasticizers Market by Country, 2020 - 2023, USD Million
TABLE 10 Europe Plasticizers Market by Country, 2024 - 2031, USD Million
TABLE 11 Europe Plasticizers Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 12 Europe Plasticizers Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 13 Europe 2-EH Acrylate Market by Country, 2020 - 2023, USD Million
TABLE 14 Europe 2-EH Acrylate Market by Country, 2024 - 2031, USD Million
TABLE 15 Europe 2-EH Acrylate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 16 Europe 2-EH Acrylate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 17 Europe 2-EH Nitrate Market by Country, 2020 - 2023, USD Million
TABLE 18 Europe 2-EH Nitrate Market by Country, 2024 - 2031, USD Million
TABLE 19 Europe 2-EH Nitrate Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 20 Europe 2-EH Nitrate Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 21 Europe Other Applications Market by Country, 2020 - 2023, USD Million
TABLE 22 Europe Other Applications Market by Country, 2024 - 2031, USD Million
TABLE 23 Europe Other Applications Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 24 Europe Other Applications Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 25 Europe 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 26 Europe 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 27 Europe 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 28 Europe 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 29 Europe Paints & Coatings Market by Country, 2020 - 2023, USD Million
TABLE 30 Europe Paints & Coatings Market by Country, 2024 - 2031, USD Million
TABLE 31 Europe Paints & Coatings Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 32 Europe Paints & Coatings Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 33 Europe Adhesives Market by Country, 2020 - 2023, USD Million
TABLE 34 Europe Adhesives Market by Country, 2024 - 2031, USD Million
TABLE 35 Europe Adhesives Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 36 Europe Adhesives Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 37 Europe Industrial Chemicals Market by Country, 2020 - 2023, USD Million
TABLE 38 Europe Industrial Chemicals Market by Country, 2024 - 2031, USD Million
TABLE 39 Europe Industrial Chemicals Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 40 Europe Industrial Chemicals Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 41 Europe Other End-uses Market by Country, 2020 - 2023, USD Million
TABLE 42 Europe Other End-uses Market by Country, 2024 - 2031, USD Million
TABLE 43 Europe Other End-uses Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 44 Europe Other End-uses Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 45 Europe 2-Ethylhexanol Market by Country, 2020 - 2023, USD Million
TABLE 46 Europe 2-Ethylhexanol Market by Country, 2024 - 2031, USD Million
TABLE 47 Europe 2-Ethylhexanol Market by Country, 2020 - 2023, Kilo Tonnes
TABLE 48 Europe 2-Ethylhexanol Market by Country, 2024 - 2031, Kilo Tonnes
TABLE 49 Germany 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 50 Germany 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 51 Germany 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 52 Germany 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 53 Germany 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 54 Germany 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 55 Germany 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 56 Germany 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 57 Germany 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 58 Germany 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 59 Germany 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 60 Germany 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 61 UK 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 62 UK 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 63 UK 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 64 UK 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 65 UK 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 66 UK 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 67 UK 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 68 UK 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 69 UK 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 70 UK 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 71 UK 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 72 UK 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 73 France 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 74 France 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 75 France 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 76 France 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 77 France 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 78 France 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 79 France 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 80 France 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 81 France 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 82 France 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 83 France 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 84 France 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 85 Russia 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 86 Russia 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 87 Russia 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 88 Russia 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 89 Russia 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 90 Russia 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 91 Russia 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 92 Russia 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 93 Russia 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 94 Russia 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 95 Russia 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 96 Russia 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 97 Netherlands 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 98 Netherlands 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 99 Netherlands 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 100 Netherlands 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 101 Netherlands 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 102 Netherlands 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 103 Netherlands 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 104 Netherlands 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 105 Netherlands 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 106 Netherlands 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 107 Netherlands 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 108 Netherlands 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 109 Italy 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 110 Italy 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 111 Italy 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 112 Italy 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 113 Italy 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 114 Italy 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 115 Italy 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 116 Italy 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 117 Italy 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 118 Italy 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 119 Italy 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 120 Italy 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 121 Rest of Europe 2-Ethylhexanol Market, 2020 - 2023, USD Million
TABLE 122 Rest of Europe 2-Ethylhexanol Market, 2024 - 2031, USD Million
TABLE 123 Rest of Europe 2-Ethylhexanol Market, 2020 - 2023, Kilo Tonnes
TABLE 124 Rest of Europe 2-Ethylhexanol Market, 2024 - 2031, Kilo Tonnes
TABLE 125 Rest of Europe 2-Ethylhexanol Market by Application, 2020 - 2023, USD Million
TABLE 126 Rest of Europe 2-Ethylhexanol Market by Application, 2024 - 2031, USD Million
TABLE 127 Rest of Europe 2-Ethylhexanol Market by Application, 2020 - 2023, Kilo Tonnes
TABLE 128 Rest of Europe 2-Ethylhexanol Market by Application, 2024 - 2031, Kilo Tonnes
TABLE 129 Rest of Europe 2-Ethylhexanol Market by End-use, 2020 - 2023, USD Million
TABLE 130 Rest of Europe 2-Ethylhexanol Market by End-use, 2024 - 2031, USD Million
TABLE 131 Rest of Europe 2-Ethylhexanol Market by End-use, 2020 - 2023, Kilo Tonnes
TABLE 132 Rest of Europe 2-Ethylhexanol Market by End-use, 2024 - 2031, Kilo Tonnes
TABLE 133 Key Information – BASF SE
TABLE 134 Key Information – The Dow Chemical Company
TABLE 135 Key Information –DuPont de Nemours, Inc.
TABLE 136 Key Information – Eastman Chemical Company
TABLE 137 Key Information – SABIC
TABLE 138 Key Information – Exxon Mobil Corporation
TABLE 139 Key information – Arkema S.A.
TABLE 140 Key Information – Celanese Corporation
TABLE 141 Key Information – LyondellBasell Industries Holdings B.V.
TABLE 142 Key Information – INEOS Group Holdings S.A.

List of Figures
FIG 1 Methodology for the research
FIG 2 Europe 2-Ethylhexanol Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting 2-Ethylhexanol Market
FIG 4 Porter’s Five Forces Analysis – 2-Ethylhexanol Market
FIG 5 Europe 2-Ethylhexanol Market share by Application, 2023
FIG 6 Europe 2-Ethylhexanol Market share by Application, 2031
FIG 7 Europe 2-Ethylhexanol Market by Application, 2020 - 2031, USD Million
FIG 8 Europe 2-Ethylhexanol Market share by End-use, 2023
FIG 9 Europe 2-Ethylhexanol Market share by End-use, 2031
FIG 10 Europe 2-Ethylhexanol Market by End-use, 2020 - 2031, USD Million
FIG 11 Europe 2-Ethylhexanol Market share by Country, 2023
FIG 12 Europe 2-Ethylhexanol Market share by Country, 2031
FIG 13 Europe 2-Ethylhexanol Market by Country, 2020 - 2031, USD Million
FIG 14 SWOT Analysis: BASF SE
FIG 15 SWOT Analysis: The Dow Chemical Company
FIG 16 Swot Analysis: DuPont de Nemours, Inc.
FIG 17 SWOT Analysis: Eastman Chemical Company
FIG 18 SWOT Analysis: SABIC
FIG 19 SWOT Analysis: Exxon Mobil Corporation
FIG 20 SWOT Analysis: Arkema S.A.
FIG 21 SWOT Analysis: Celanese Corporation
FIG 22 SWOT Analysis: LyondellBasell Industries Holdings B.V.
FIG 23 SWOT Analysis: INEOS GROUP HOLDINGS S.A.