Glycol Ethers Market | Covid-19 Impact Analysis

Glycol Ethers Market Insights

Glycol Ethers Market is likely to witness an impressive CAGR of 5.3% during the forecast period. Growing usage of glycol ethers in cosmetics and personal care products, and increasing product demand in the paints and coatings industry are the major factors fueling the growth of the market during the forecast period.

Market Share Analysis

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Glycol Ethers Market Share: By End-User Industry Type

Based on the 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.

Glycol Ethers Market Share: By Region

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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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.

Market Scope & Segmentation

Glycol ethers are basically a group of solvents which are based on alkyl ethers of ethylene glycol or propylene glycol, generally used in paints and cleaners, and they help in optimizing the evaporation rate of the solvent in coating. These solvents have a higher boiling point and are helpful in enhancing the flow out features of the paint, and in eliminating brush marks during painting.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The glycol ethers market is segmented into the following categories. 

Glycol Ethers Market Size, Share, & Forecast, by Type:

• E-series
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Type Analysis: Methyl Glycol Ether, Ethyl Glycol Ether, and Butyl Glycol Ether)
• P-series
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Type Analysis: Propylene Glycol Monomethyl Ether, Dipropylene Glycol Monomethyl Ether, Tripropylene Glycol Monomethyl Ether, and Other Propylene Glycol Ethers)

Glycol Ethers Market Size, Share, & Forecast, by Application Type:

• Solvent (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Anti-Icing Agent (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Hydraulic and Brake Fluid (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Chemical Intermediate (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Glycol Ethers Market Size, Share, & Forecast, by End-User Industry Type:

• Paints and Coatings (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Printing (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Pharmaceuticals (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Cosmetics and Personal Care (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Adhesives (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Glycol Ethers Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

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Research Methodology

This report offers high-quality insights and is the outcome of 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 book, press release, journals, investor presentation, 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 the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. 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. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report 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 application types by end-user industry 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 at [email protected].