Global Dipropylene Glycol N Propyl Ether Market, By Type ((≥99.0%, ≥98.0%, Others), Application (Solvent, Chemical Intermediate, Coating, Detergent, Latex Paint, Other Applications), End User (Architectural, Automotive, Construction, Aerospace, Others) – Industry Trends and Forecast to 2029.
Dipropylene Glycol N Propyl Ether Market Analysis and Size
The global dipropylene glycol n propyl ether market is expected to witness significant growth during the forecast period. The growing consumer preferences towards multiple layering, exclusive fabrics, and printed textiles will likely boost the demand for dipropylene glycol n propyl ether. Furthermore, the growth in the standard of living have also generated the need for the high-quality detergent to prevent damage of delicate clothes and fabric, which is anticipated to propel market growth rate.
Data Bridge Market Research analyses that the dipropylene glycol n propyl ether market was valued at USD in 3.21 billion 2021 and is expected to reach USD 6.26 billion by 2029, registering a CAGR of 8.70% during the forecast period of 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Dipropylene Glycol N Propyl Ether Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2022 to 2029 |
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Base Year |
2021 |
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Historic Years |
2020 (Customizable to 2014 - 2019) |
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Quantitative Units |
Revenue in USD Billion, Volumes in Units, Pricing in USD |
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Segments Covered |
Type (≥99.0%, ≥98.0%, Others), End-Use (Paints and Coatings, Electric Industry, Medical and Pesticide, Chemical Industry, Others), Application (Detergents and Cleaners, Inks, Chemical Intermediate, Surface Coatings, Others) |
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Countries Covered |
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, South Africa, Egypt, Israel, 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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Market Players Covered |
Dow (U.S.), LyondellBasell Industries N.V. (Netherlands), BASF SE (Germany), ADM (U.S.), Global Bio-chem Technology Group Company Limited (China), DuPont Tate & Lyle Bio Products Company, LLC (U.S.), SKC, Inc. (South Korea), Temix Oleo (Italy), INEOS (Switzerland), ADEKA CORPORATION (Japan), Chaoyang Chemicals, Inc. (U.S.), Manali Petrochemicals Limited (India), Repsol (Spain), MIDLAND CHEMICALS LTD. (U.K.), Helm AG (Germany), Shell Plc (U.K.), YIDA CHEMICAL (China), Eastman Chemical Company (U.S.), Jiangsu Dynamic Chemical Co., Ltd (China) |
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Market Opportunities |
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Market Definition
Dipropylene glycol methyl ether is a colourless liquid with a pleasant and mild odour. Di (propylene glycol) methyl ether is an organic solvent with various commercial and industrial uses. It is used as an alternative of propylene glycol methyl ether and other glycol ethers. Dipropylene glycol methyl ether is a solvent which is used in resins, brake fluids and inks, paints, pastes, dyes and in making cosmetics.
Global Dipropylene Glycol N Propyl Ether Market Dynamics
Drivers
- Rise in demand due to unique properties
Dipropylene glycol n-propyl ether is preferred for use in several applications because of its superior properties such as hydrophobic and hydrophilic properties. These dipropylene glycol n-propyl ether properties make it miscible with oil and water. Moreover, dipropylene glycol n-propyl ether acts as an excellent coalescent agent in waterborne coatings and its unique hydrophobe/lipophobe balance allows for an extensive range of coalescent efficiencies for different resins. Thus, the rising demand for dipropylene glycol n-propyl ether due to unique properties is expected to drive the market's growth rate.
- Increasing demand of diethylene glycol monobutyl ether in paint industry
Dipropylene glycol n propyl ether is widely used as an active solvent in the production of solvent-based coatings. Also, dipropylene glycol n propyl ether is used as latex coalescent in manufacturing low VOC paints. Besides, it finds application as a solvent in the paint industry due to its low Volatile Organic Compound (VOC) emission. Paints and coatings are progressively gaining traction in developed countries due to rising demand for water-based latex paints. Dipropylene glycol n propyl ether offers efficient surface tension reduction, good chemical stability and low odour and toxicity which boosts the demand for the diethylene glycol monobutyl ether and drives the market's growth rate.
Opportunities
- High usage of dipropylene glycol n propyl ether for the production of cleaning products
Diethylene glycol monobutyl ether acetate is widely used as an effective solvent in the formulation of cleaning fluids. This is one of the major component in dry cleaning liquids and metal detergents. This is used in metal detergents due to its property to remove hydrophobic stains from hard surfaces. It also works as an effective degreaser in the cleaning of machinery. This solvent is highly preferred in dry cleaning liquid detergents because it has ability to clean grease stains and the toughest soil by forming a sufficient amount of lather. Thus, the growing demand for dipropylene glycol n propyl ether for cleaning application is expected to generate lucrative opportunities for market growth.
Moreover, growing applications of the product in several industries along with increasing number of R&D activities will further bring several opportunities for the growth of the dipropylene glycol n-propyl ether market in during the forecast period.
Restraints/ Challenges
- Issues associated with dipropylene glycol n propyl ether
Fluctuation in the prices of raw material along with the less supply of the product are some major factors than others which will likely hamper the market growth during the forecast period. Moreover, easy availability of substitute product will become the major challenge for the growth of the dipropylene glycol n propyl ether market.
This dipropylene glycol n propyl ether market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the dipropylene glycol n propyl ether market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Dipropylene Glycol N Propyl Ether Market
The outbreak of covid-19 had an adverse impact on the dipropylene glycol n propyl ether market. The severe disruptions in many manufacturing process and supply-chain operations has majorly affected the market growth rate. Several precautionary lockdowns which has imposed by governments to curb the spread of disease leads to massive financial setbacks for the market. Moreover, people are now more focused on removing non-essential expenses from their budgets which has also decreased the demand for the dipropylene glycol n propyl ether market.
On the other side, the growing demand for cleaning products due to increasing awareness regarding cleanliness and hygiene.is expected to recover the growth rate of the dipropylene glycol n propyl ether market.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Dipropylene Glycol N Propyl Ether Market Scope
The dipropylene glycol n propyl ether market is segmented on the basis of type, end-use and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- ≥99.0%
- ≥98.0%
- Others
Application
- Solvent
- Chemical Intermediate
- Coating
- Detergent
- Latex Paint
- Other Applications
End User
- Architectural
- Automotive
- Construction
- Aerospace
- Others
Dipropylene Glycol N Propyl Ether Market Regional Analysis/Insights
The dipropylene glycol n propyl ether market is analysed and market size insights and trends are provided by country, type, end-use and application as referenced above.
The countries covered in the dipropylene glycol n propyl ether market report are 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, South Africa, Egypt, Israel, 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.
Asia-Pacific dominates the dipropylene glycol n propyl ether market in terms of revenue and market share. China and India dominate the Asia-Pacific dipropylene glycol n-propyl ether market due to the growth of the vehicles and electronics products. Furthermore, the development of advanced infrastructure is likely to boost the market growth rate in this region.
North America is anticipated to be the fastest developing region during the forecast period of 2022-2029. The U.S. region is likely to hold largest growth rate in North America dipropylene glycol n-propyl ether market due to growing adoption of trade policies and the growth of the automotive sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Dipropylene Glycol N Propyl Ether Market Share Analysis
The dipropylene glycol n propyl ether market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to dipropylene glycol n propyl ether market.
Some of the major players operating in the dipropylene glycol n propyl ether market are:
- Dow (U.S.)
- LyondellBasell Industries N.V. (Netherlands)
- BASF SE (Germany)
- ADM (U.S.)
- Global Bio-chem Technology Group Company Limited (China)
- DuPont Tate & Lyle Bio Products Company, LLC (U.S.)
- SKC, Inc. (South Korea)
- Temix Oleo (Italy)
- INEOS (Switzerland)
- ADEKA CORPORATION (Japan)
- Chaoyang Chemicals, Inc. (U.S.)
- Manali Petrochemicals Limited (India)
- Repsol (Spain)
- MIDLAND CHEMICALS LTD. (U.K.)
- Helm AG (Germany)
- Shell Plc (U.K.)
- YIDA CHEMICAL (China)
- Eastman Chemical Company (U.S.)
- Jiangsu Dynamic Chemical Co., Ltd (China)
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