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  • Glycol Ethers Market Analysis | 2023-2028

    Glycol Ethers Market Analysis | 2023-2028

    Glycol Ethers Market Analysis | 2023-2028
    Report code - SRAM529 Delivery - 2 Weeks
    Glycol Ethers Market Size, Share, Trend, Forecast & Industry Analysis: 2023-2028
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    Market Highlights

    The Glycol Ethers Market was estimated at US$ 4.95 billion in 2022 and is expected to grow at a CAGR of 5.2% during 2023-2028 to reach US$ 6.75 billion in 2028.

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    What are Glycol Ethers?

    Glycol ethers are a group of solvents derived from ethylene or propylene oxide, widely used in various industrial and household products. These solvents, classified as E-series (ethylene) or P-series (propylene), serve as effective carriers in paints, cleaning agents, and cosmetics due to their dual water-soluble and water-insoluble characteristics. Commonly found in formulations for their solvent properties, glycol ethers facilitate the dissolution of diverse substances.

    Despite their utility, exposure to concentrated forms can pose health risks, with some types linked to potential toxicity. Caution and adherence to safety guidelines are crucial during the handling and use of products containing glycol ethers.

    Market Drivers

    The growing usage of glycol ethers in cosmetics and personal care products, as well as increasing product demand in the paints and coatings industry, are the major factors fueling the growth of the market during the forecast period.

    Segments Analysis

    Glycol-Ethers-Market-Dominant-Segments

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    By End-User Industry Type

    The glycol ethers market is segmented as paints and coatings, printing, pharmaceuticals, cosmetics and personal care, adhesives, and others. The Paints and Coatings segment is estimated to be the dominating end-user industry in the market owing to the rapid growth in product demand from various industries such as construction, automotive, and packaging, boosting the market growth during the forecast period.

    Regional Analysis

    In terms of regions, Asia-Pacific is estimated to be the dominating region in the market owing to growing demand for products such as paints and coatings, and adhesives from various end-user industries such as automotive, electronics, construction, and adhesives during the forecast period. Further, countries such as India, Vietnam, China, and Indonesia being the major countries with growing demand for architectural paints and coatings, adhesives, owing to several construction projects, are expected to accelerate the regional market growth over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

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    Key Players

    Some of the major players in the glycol ethers market are-

    • BASF SE
    • Eastmen Chemical Company
    • FBC Chemical Corp
    • Ineos Group Limited
    • KH Neochem Co. Ltd.
    • LyondellBasell Industries NV
    • Nippon Nyukazai Co. Ltd.
    • Oxiteno
    • Royal Dutch Shell PLC
    • Sasol Limited.

    Research Methodology

    This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Glycol Ethers Market

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Who are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players).
    • SWOT analysis of key players (up to 3 players).

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The glycol ethers market is expected to witness an impressive growth of 5.3% CAGR during the forecast period.

    BASF SE, Eastmen Chemical Company, FBC Chemical Corp., Ineos Group Limited, KH Neochem Co. Ltd., LyondellBasell Industries NV, Nippon Nyukazai Co. Ltd., Oxiteno, Royal Dutch Shell PLC, and Sasol Limited are among the key players in the glycol ethers market.

    The Glycol Ethers Market is expected to reach US$ 6.75 billion in 2028.

    Asia-Pacific is expected to remain dominant in the glycol ethers market during the forecast period.

    The Paints and Coatings segment is expected to remain dominant in the glycol ethers market in the coming years.

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