Glycol Ethers Market: Global Market Estimation, Dynamics, Trends, Competitor Analysis 2016-2021 and Forecast 2022-2028

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Global Glycol Ethers Market: By Product (E-Series and P-Series), By Application (Solvent,Anti-Icing Agent, Hydraulic & Brake Fluid and Chemical Intermediate), By End User (Printing, Pharmaceuticals, Paints and Coatings, Cosmetics & Personal Care and Adhesives) and Geography

 

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Report

Description

The global Glycol Ethers market is expected to register a CAGR of more than 5.5%, during the forecast period. 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 limit profitability of manufacturers. Moreover, strict regulations concerning to the toxic nature of ethylene oxide-based derivatives is further restricting the market. Glycol ethers refer to the group of solvent 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 that 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 Jun 2018: Dow expanded its global glycol ethers production and invests in US alkoxylation facility. This expansion is in addition to various incremental debottlenecking projects being conducted across the company’s global alkoxylation production units.

Glycol Ethers Market

MARKET SUMMARY
-
5.5%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR– 5.5%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Asia Pacific

Glycol Ethers Market

  • Global Glycol Ethers market report gives comprehensive outlook on glycol ethers across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The report on global glycol ethers market gives historical, current, and future market sizes (US$ Mn) on the basis of product, application, end user and region.
  • This report studies global glycol ethers market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market.
  • Key stakeholders of the global glycol ethers market report include suppliers, manufacturers, marketers, policy makers, and healthcare service providers engaged in global glycol ethers products.
Market Key Players
  • 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)
Growth

Glycol Ethers Market

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 Got Significant Share

Glycol Ethers 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
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Key Findings of the Report

  • Global glycol ethers market expanding at significant CAGR over 2022 to 2028 owing to growing use in paints & coatings industry
  • Based on product, E-series segment accounted for larger market revenue share in 2021 and projected gain market revenue share over the forecast period
  • Players focusing on innovation of newer products and collaboration strategies to retain market position in global Glycol Ethers market

Key

Key Features of the Report

Glycol Ethers Market Segmentation


Location

GEOGRAPHY


Report

Table Of Content


Report

Company Profile

  • 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)
  • Royal Dutch Shell PLC (Netherlands)
  • SABIC (Saudi Arabia)
  • Sadara (Sadara)
  • Sasol Limited (South Africa)

Description

The global Glycol Ethers market is expected to register a CAGR of more than 5.5%, during the forecast period. 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 limit profitability of manufacturers. Moreover, strict regulations concerning to the toxic nature of ethylene oxide-based derivatives is further restricting the market. Glycol ethers refer to the group of solvent 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 that 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 Jun 2018: Dow expanded its global glycol ethers production and invests in US alkoxylation facility. This expansion is in addition to various incremental debottlenecking projects being conducted across the company’s global alkoxylation production units.

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