Report ID: UCMIG15A2332
Report ID:
UCMIG15A2332 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Glycol ethers are a class of organic solvents based on ethylene glycol or propylene glycol ethers. These solvents, which have high boiling points, are commonly found in paints and cleaners. Depending on whether they are made from ethylene oxide or propylene oxide, glycol ethers are classified as E-series or P-series. Sunscreens, inks, pharmaceuticals, and cosmetics are the most common applications for E-series glycol ethers. P-series, on the other hand, is found in cleaners, degreasers, aerosol paints, and adhesives. The majority of glycol ethers are water-soluble, biodegradable, and only a few are toxic. Because of their ability to dissolve in both organic liquids and water, glycol ethers are widely used as solvents. The increasing use of glycol ethers in paints and coatings is a key market driver for the global glycol ethers market. Paints and coatings are in high demand for protective applications across multiple industries, which is expected to drive the glycol ethers market.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Commodity Chemicals by segment aggregation, the contribution of the Commodity Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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REQUEST FREE CUSTOMIZATIONThe market for Glycol Ethers was estimated to be valued at US$ XX Mn in 2021.
The Glycol Ethers Market is estimated to grow at a CAGR of XX% by 2028.
The Glycol Ethers Market is segmented on the basis of Type, Application, End-use Industry, Region.
Based on region, the Glycol Ethers Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The key players operating in the Glycol Ethers Market are BASF SE, The Dow Chemical Company, Eastman Chemicals Company, FBC Chemical, Hannong chemicals, Henan GP Chemical, Huntsman corporation, INEOS, India Glycols Limited, Jangsu Yida Chemical.
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Report ID: UCMIG15A2332