As per this study the Global Glycol Ether Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2028 with a CAGR of XX%. By volume, the market was estimated XX KT in 2021 and is expected to reach XX KT by 2028 with a CAGR of XX%.
Glycol ether, chemically known as 2-Butoxyethanol is an organic solvent that possesses lower molecular weight with higher boiling points. It is used in the production of cleansing agents and as a general solvent. Glycol ethers are used as a solvent for resins, lacquers, varnishes, gum, perfumes as a constituent of cleaning compounds, liquid soaps, and hydraulic fluids. Glycol ethers are widely used in water-based paints & coatings and in cosmetics.
The increasing use of water-based coatings that comprises of glycol ethers as a cleansing agent is stimulating market growth. Moreover, the rising use of glycol ether in cosmetics and personal care products along with its application in other end-use industries such as aerospace and defense are further boosting the market. However, the emergence of new solvents such as cellulosic ethanol, which can be used as a substitute for glycol ether, hinders market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of glycol ether.
The broad glycol ether market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- E-series Glycol Ether
- Ethylene Glycol Propyl Ether
- Ethylene Glycol Butyl Ether Acetate
- Methyl Ether
- Butyl Ether
- Methyl Ether Acetate
- Paints & Coatings
- Cosmetics & Personal Care
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for glycol ether in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Glycol Ether Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the glycol ether market include BASF SE, The DowDuPont Chemical Company, LyondellBasell Industries, N.V., SABIC, Eastman Chemical Company, Royal Dutch Shell PLC (Shell), Nippon Nyukazai Co. Ltd., Sasol, FBC Chemical, India Glycols Limited, and others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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