The Global Glycol Ethers Market is estimated to exhibit a CAGR of 5.50% during the forecast period of 2021-2028. Glycol ethers market report analyses the growth, which is currently being growing due to the increasing use in cosmetics and personal care products.
Increasing regulations of REACH and EPA regarding the product usage along with emergence of new products, such as cellulosic ethanol, to use as a solvent for cleaning agents which will likely to act as market restraints factor for the growth of the glycol ethers. Stringent research process and clinical trials for personal use applications which will become the biggest and foremost challenge for the growth of the market.
According to Data Bridge Market Research, the glycol ethers market will exhibit a significant rise in its market value. The growing use of the product in paints and coatings industry, massive utilization of glycol ethers for reducing the viscosity of paints to improve its flow while eliminating brush marks, increasing inclination towards sun protection products among the consumers, rising trends towards biodegradable products, increasing focus on ecological construction and rising paints and coating industries are some of the major as well as important factors which will likely to accelerate the growth of the glycol ethers market. Also, adoption of regulatory policies favouring the use of environment-friendly coating in the architectural and industrial sectors which will further contribute by generating immense opportunities that will led to the growth of the glycol ethers market.
Currently, North America dominates the global glycol ethers market in terms of market share and market revenue owing to the growing consumer consciousness towards high quality, nontoxic, and biodegradable cosmetics along with changing consumer perceptions and rising consumer consciousness in the region.
Now the question is which are the other regions that the global glycol ethers market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific owing to the increasing number of construction as well as renovation activities along with increasing government initiatives in construction residences, schools, universities and others in the region.
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The global glycol ethers market is segmented on the basis of countries into U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Key Market Competitors Covered in the Glycol Ethers Market report
Above are the key players covered in the report, to know about more and exhaustive list of glycol ethers market companies contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-glycol-ethers-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Glycol Ethers Market – Industry Trends and Forecast to 2028