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Glycol Ethers Market: By Product, By Application, By End User and Geography
Glycol Ethers Market: By Product, By Application, By End User and Geography
Glycol Ethers Market size was valued at US$ 6.6 billion in 2023 and is poised to grow at a CAGR of 5.6%, from 2024-2030. Some of the key factors influencing the market growth include increasing consumption of water-based coatings, rising use in cosmetics & personal care products, industrialization and infrastructure development in developing economies, and growing demand from end-user industries. However, strict regulations and fluctuating raw materials are some factors restricting the market growth. There is a harmful stimulus on the global pricing scenario due to fluctuating raw materials and utilities strictly limiting the profitability of manufacturers.
Moreover, strict regulations concerning the toxic nature of ethylene oxide-based derivatives are further restricting the market. Glycol ethers refer to the group of solvents based on alkyl ethers of ethylene glycol or propylene glycol. These compounds are extensively used as solvents in paints, cleaners, and other products Glycol ethers are classified into two groups namely E-series and P-series. This classification depends on the reagent from which the glycol ethers are produced which includes ethylene oxide and propylene oxide. Global Glycol Ethers market is surging owing to frequent acquisitions and launchings by the market players. For Instance, in June 2018: Dow expanded its global glycol ethers production and invested in a US alkoxylation facility. This expansion is in addition to various incremental debottlenecking projects being conducted across the company's global alkoxylation production units.
Study Period
2024-2030Base Year
2023CAGR
5.6%Largest Market
North AmericaFastest Growing Market
Asia Pacific
Glycol ethers have many uses these include use as solvents and as an ingredient in cleaning compounds, liquid soaps, and cosmetics. Glycol ethers as solvents and couplers in many formulations. These properties allow glycol ethers to prevent a component from separating out of the formulation, and to help maintain the clarity of a cosmetic formulation, even when the product is exposed to temperature extremes in shipping and storage. Because of their low human toxicity (however, overexposure or spillage during handling should be strictly avoided as a matter of good safety practice) and desirable formulation properties they are a frequently used additive in cosmetics, personal care products from shampoo, soaps, creams, ointments, deodorant and toothpaste to laundry detergents. Such positive properties is expected to drive the cosmetics and personal care industry which is likely to fuel the growth of the market.
Asia Pacific accounted for larger revenue share in global glycol ethers market with considerable CAGR. The growth in this region can be attributed to increasing demand from the automotive sector and demand for eco-friendly coatings. Increasing expenditure of the government to increase the rate of industrialization is another factor responsible for the market growth, Also, China is the main contributor for the growth of the market in this region. The region is also expected to continue its dominance in the coming years.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 6.6 billion |
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Market CAGR |
5.6% |
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By Product Type |
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By Application |
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By End User |
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The glycol ethers market size was valued at US$ 6.6 billion in 2023
BASF SE (Germany), DowDuPont (U.S), Eastman Chemical Company (U.S), India Glycols Limited (India), INEOS (U.K), KH Neochem Co. Ltd (Japan), Oxiteno (Brazil), Recochem Inc.(Canada)
Asia Pacific is the fastest-growing region for glycol ethers market
Manufacturers have been investing in research and development to produce glycol ethers that are less harmful to human health and the environment
| 1.Executive Summary |
| 2.Global Glycol Ethers Market Introduction |
| 2.1.Global Glycol Ethers Market - Taxonomy |
| 2.2.Global Glycol Ethers Market - Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Application |
| 2.2.3. By End User |
| 2.2.4. By Region |
| 3.Global Glycol Ethers Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Glycol Ethers Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Glycol Ethers Market By Product Type , 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. E-Series |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. E-series Glycol Ether |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Ethylene Glycol Butyl Ether Acetate |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Ethylene Glycol Propyl Ether |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. P-Series |
| 5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 5.7. Butyl Ether |
| 5.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.7.3. Market Opportunity Analysis |
| 5.8. Methyl Ether |
| 5.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.8.3. Market Opportunity Analysis |
| 5.9. Methyl Ether Acetate |
| 5.9.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.9.3. Market Opportunity Analysis |
| 5.10. Others |
| 5.10.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.10.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.10.3. Market Opportunity Analysis |
| 6.Global Glycol Ethers Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Solvent |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Anti-Icing Agent |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Hydraulic & Brake Fluid |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Chemical Intermediate |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Glycol Ethers Market By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Printing |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Pharmaceuticals |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Paints and Coatings |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Cosmetics and Personal Care |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Adhesives |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8.Global Glycol Ethers Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Glycol Ethers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.E-Series |
| 9.1.2.E-series Glycol Ether |
| 9.1.3.Ethylene Glycol Butyl Ether Acetate |
| 9.1.4.Ethylene Glycol Propyl Ether |
| 9.1.5.Others |
| 9.1.6.P-Series |
| 9.1.7.Butyl Ether |
| 9.1.8.Methyl Ether |
| 9.1.9.Methyl Ether Acetate |
| 9.1.10.Others |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Solvent |
| 9.2.2.Anti-Icing Agent |
| 9.2.3.Hydraulic & Brake Fluid |
| 9.2.4.Chemical Intermediate |
| 9.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Printing |
| 9.3.2.Pharmaceuticals |
| 9.3.3.Paints and Coatings |
| 9.3.4.Cosmetics and Personal Care |
| 9.3.5.Adhesives |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Glycol Ethers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.E-Series |
| 10.1.2.E-series Glycol Ether |
| 10.1.3.Ethylene Glycol Butyl Ether Acetate |
| 10.1.4.Ethylene Glycol Propyl Ether |
| 10.1.5.Others |
| 10.1.6.P-Series |
| 10.1.7.Butyl Ether |
| 10.1.8.Methyl Ether |
| 10.1.9.Methyl Ether Acetate |
| 10.1.10.Others |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Solvent |
| 10.2.2.Anti-Icing Agent |
| 10.2.3.Hydraulic & Brake Fluid |
| 10.2.4.Chemical Intermediate |
| 10.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Printing |
| 10.3.2.Pharmaceuticals |
| 10.3.3.Paints and Coatings |
| 10.3.4.Cosmetics and Personal Care |
| 10.3.5.Adhesives |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Glycol Ethers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.E-Series |
| 11.1.2.E-series Glycol Ether |
| 11.1.3.Ethylene Glycol Butyl Ether Acetate |
| 11.1.4.Ethylene Glycol Propyl Ether |
| 11.1.5.Others |
| 11.1.6.P-Series |
| 11.1.7.Butyl Ether |
| 11.1.8.Methyl Ether |
| 11.1.9.Methyl Ether Acetate |
| 11.1.10.Others |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Solvent |
| 11.2.2.Anti-Icing Agent |
| 11.2.3.Hydraulic & Brake Fluid |
| 11.2.4.Chemical Intermediate |
| 11.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Printing |
| 11.3.2.Pharmaceuticals |
| 11.3.3.Paints and Coatings |
| 11.3.4.Cosmetics and Personal Care |
| 11.3.5.Adhesives |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Glycol Ethers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.E-Series |
| 12.1.2.E-series Glycol Ether |
| 12.1.3.Ethylene Glycol Butyl Ether Acetate |
| 12.1.4.Ethylene Glycol Propyl Ether |
| 12.1.5.Others |
| 12.1.6.P-Series |
| 12.1.7.Butyl Ether |
| 12.1.8.Methyl Ether |
| 12.1.9.Methyl Ether Acetate |
| 12.1.10.Others |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Solvent |
| 12.2.2.Anti-Icing Agent |
| 12.2.3.Hydraulic & Brake Fluid |
| 12.2.4.Chemical Intermediate |
| 12.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Printing |
| 12.3.2.Pharmaceuticals |
| 12.3.3.Paints and Coatings |
| 12.3.4.Cosmetics and Personal Care |
| 12.3.5.Adhesives |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Glycol Ethers Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.E-Series |
| 13.1.2.E-series Glycol Ether |
| 13.1.3.Ethylene Glycol Butyl Ether Acetate |
| 13.1.4.Ethylene Glycol Propyl Ether |
| 13.1.5.Others |
| 13.1.6.P-Series |
| 13.1.7.Butyl Ether |
| 13.1.8.Methyl Ether |
| 13.1.9.Methyl Ether Acetate |
| 13.1.10.Others |
| 13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Solvent |
| 13.2.2.Anti-Icing Agent |
| 13.2.3.Hydraulic & Brake Fluid |
| 13.2.4.Chemical Intermediate |
| 13.3. End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Printing |
| 13.3.2.Pharmaceuticals |
| 13.3.3.Paints and Coatings |
| 13.3.4.Cosmetics and Personal Care |
| 13.3.5.Adhesives |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.BASF SE (Germany) |
| 14.2.2.DowDuPont (U.S) |
| 14.2.3.Eastman Chemical Company (U.S) |
| 14.2.4.India Glycols Limited (India) |
| 14.2.5.INEOS (U.K) |
| 14.2.6.KH Neochem Co. Ltd (Japan) |
| 14.2.7.Oxiteno (Brazil) |
| 14.2.8.Recochem Inc.(Canada) |
| 14.2.9.Royal Dutch Shell PLC (Netherlands) |
| 14.2.10.SABIC (Saudi Arabia) |
| 14.2.11.Sadara (Sadara) |
| 14.2.12.Sasol Limited (South Africa) |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.