Glycol Ether Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2025

Report Code: ZMR-4195 | Report Format : | Status : Upcoming |

Abstract

Global Glycol Ether Market: Overview

Glycol ethers are a cluster of solvents based on alkyl ethers of either propylene glycol or ethylene glycol. The product possesses beneficial features such as high boiling point and lower molecular weight.

Global Glycol Ether Market: Growth Factors

Increasing use of the product in personal care, paints & coatings, vehicle, and printing inks sectors is anticipated to spur the glycol ether market growth in the coming years. With the growing popularity of water-based coatings comprising of the product acting as a cleaving agent, the glycol ether industry is likely to gain traction over the foreseeable future. Apart from this, a spectrum of product applications from myriad end-user industries such as marine, woodworking, defense, and aerospace will result in the mammoth growth of the business in the foreseeable future. On the other hand, product usage is restraint in the consumer products as a result of strict laws enforced by the U.S. FDA and REACH of EU. Moreover, fluctuations in raw material costs are likely to put checks on the market earnings and can constrict the scope of the business.

Global Glycol Ether Market: Segmentation

The glycol ether market can be segmented into product type and application type. On the basis of product type, the industry is classified into E-Series and P-Series. Application type wise, the glycol ether market is divided into printing inks, electronics, paints & coatings, and pharmaceuticals.

Global Glycol Ether Market: Regional Analysis

North American industry expansion is influenced by the growth of the glycol ether market in countries such as Canada, Mexico, and the U.S. It has been witnessed that customers in these countries possess good knowledge about the product quality, its non-toxic nature, and biodegradability. This is likely to spur regional market trends.

Moreover, the European market is expected to be strongly impacted by strict fuel laws executed in Scandinavian nations such as Finland, Sweden, Denmark, and Norway. This will further boost electric & hybrid automobiles production. Glycol ether, which is used in vehicular coatings and provides aesthetic beauty as well as protection to vehicles, is likely to become popular in these countries. This will help the glycol ether market flourish in Europe. Apart from this, countries such as Germany, UK, and France will catalyze the business sphere. With Europe being one of the lucrative business destinations for cosmetics & personal care products, it is more likely that the sale of glycol ether will have rippling & mesmerizing effect on the market size.

Asia Pacific glycol ether industry is bound to experience a profitable surge over the estimated time span. Construction & refurbishing activities are expected to account for the commendable growth of the market in the region. Constructive policies & schemes pertaining to school, residential, hospital, and college constructions induced by the government will have a long-lasting favorable impact on the regional market expansion.  China, Japan, and India are slated to be the major regional revenue pockets.

Global Glycol EtherMarket: Competitive Players

Few of the main participants in glycol ether market are BASF SE, DowDuPont, Lyondell Basell,  Eastman Chemical Company, Huntsman Corporation, Matric Chemicals, Exxon Mobil Corporation, Royal Dutch Shell Plc, and Biesterfeld AG.

Global Glycol Ether Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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