Global Glycol Ethers Market, By Type (E-Series, P-Series), Application (Solvent, Anti-Icing Agent, Hydraulic and Brake Fluid, Chemical Intermediate), End User Industry (Paints and Coatings, Printing, Pharmaceuticals, Cosmetics and Personal Care, Adhesives, Other End-User Industries), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Glycol Ethers Market
Glycol ethers market will reach an estimated valuation of USD 7.90 million by 2028, while registering this growth at a rate of 5.50% for the forecast period of 2021 to 2028. Glycol ethers market report analyses the growth, which is currently being growing due to the increasing use in cosmetics and personal care products.
Glycol ether is a category of solvents which are based on ethylene glycol or propylene glycol alkyl ethers along with the favourable solvent properties of lower molecular weight ethers and alcohols, has a higher boiling point. In solvents and as an ingredient in cleaning compounds, liquid soaps, and cosmetics, glycol ether is used.
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 in the projected timeframe of 2021-2028. On the other hand, 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 in the above mentioned projected timeframe.
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 in the above mentioned projected timeframe. Stringent research process and clinical trials for personal use applications which will become the biggest and foremost challenge for the growth of the market.
This glycol ethers market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised 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, geographical expansions, technological innovations in the market. To gain more info on glycol ethers market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Glycol Ethers Market Scope and Market Size
Glycol ethers market is segmented on the basis of type, end user industry, and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the glycol ethers market is segmented into E-series, and P-series. E-series have been further segmented into methyl glycol ether, ethyl glycol ether, and butyl glycol ether. P-series have been further segmented into propylene glycol monomethyl ether (PM), dipropylene glycol monomethyl ether (DPM), tripropylene glycol monomethyl ether (TPM), and other propylene glycol ethers.
- Based on end user industry, the glycol ethers market is segmented into paints and coatings, printing, pharmaceuticals, cosmetics and personal care, adhesives, and other end-user industries.
- Glycol ethers market is segmented in terms of market value, volume, market opportunities, and niches into multiple applications. The application segment for glycol ethers market includes solvent, anti-icing agent, hydraulic and brake fluid, and chemical intermediate.
Glycol Ethers Market Country Level Analysis
Glycol ethers market is analysed and market size, volume information is provided by country, type, end user industry, and application as referenced above.
The countries covered in the glycol ethers 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, 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.
North America dominates the glycol ethers market due to the growing consumer consciousness towards high quality, nontoxic, and biodegradable cosmetics along with changing consumer perceptions and rising consumer consciousness in the region. Asia-Pacific region is expected to hold the largest growth rate due 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.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Glycol Ethers Market Share Analysis
Glycol ethers 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 glycol ethers market.
The major players covered in the glycol ethers market report are Dow; BASF SE; LyondellBasell Industries Holdings B.V.; Shell group of companies; Eastman Chemical Company; Sasol Limited; HANNONG CHEMICALS INC.; Huntsman Corporation; INEOS; India Glycols; Exxon Mobil Corporation; Merck KGaA; Biesterfeld AG; JIANGSU RUIJIA CHEMISTRY CO., LTD.; SABIC; FBC Chemical; KH Neochem Co., Ltd.; NIPPON NYUKAZAI CO., LTD.; Oxiteno; Recochem Corporation.; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.