Global “Glycol Ethers Market” Report 2021 (value and volume) by company, regions, product types, end industries, history data and estimate data. Also, Report contains a comprehensive analysis of the important segments like market opportunities, import/export details, market dynamics, key manufacturers, growth rate, and key regions. This report focuses on the Glycol Ethers in the Global market, especially in the United States, Europe, China, Japan, South Korea, North America, India. Glycol Ethers Market report categorizes the market based on manufacturers, regions, type, and application. Glycol Ethers Market reports offer a detailed assessment of the Glycol Ethers including enabling technologies, current market situation, market assumptions, restraining factors.
The Global Glycol Ethers market swot is provided for the international markets including progress trends, competitive landscape breakdown, and key in regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed.
The market for glycol ethers is expected to register a significant growth during the forecast period, 2018 to 2023.This tremendous growth is significantly driven by the increasing use in cosmetics and personal care products.
Increasing Use in Cosmetics and Personal Care Products
Glycol ethers, such as PEG-25 propylene glycol stearate, PEG-75 propylene glycol stearate, PEG-120 propylene glycol stearate, and PEG-55 propylene glycol oleate help various ingredients dissolve in a solvent, and hence are used in various cosmetic formulations. According to a report by L’Oreal, the global cosmetics industry was estimated to be around EUR 205 billion in 2016, growing at a rate of more than 4% through the years. The personal care industry too is rising rapidly through the years owing to growing awareness among consumers about health hygiene. The growth in this market is primarily driven by countries, such as South Korea, India, United States, Brazil, UAE, and South Africa. Such positive growth is expected to drive the cosmetics and personal care industry, which, in turn, anticipated to drive the market for glycol ether through the forecast period.
Paints & Coatings Segment to Dominate the Market
Paints & coatings industry is one of the major end-users of glycol ether. These are widely used in the formulation of architectural and automotive coatings. With growing consumer spending and rising population, the global automotive production has been increasing constantly. According to ACEA (European Automobile Manufacturers Association), the global production of motor vehicles was somewhere around 96 million units in 2016. These factors, in turn, are likely to have a positive impact on the glycol ether market for automotive coatings. Additionally, the growing global residential sector consistently with the recovering construction industry in Europe and increasing investments by the Indian and Chinese governments on their respective infrastructure sectors is expected to propel the demand for glycol ether in the formulation of architectural coatings.
Asia-Pacific to Dominate the Market Growth
Asia-Pacific represents the largest regional market of the global glycol ethers market with almost 40% of the market share. The accelerating demand for eco-friendly coatings and the increasing demand from the automotive sector are the major drivers for the Asia-Pacific glycol ethers market. Even the cosmetics industry in Asia-Pacific, which is largest regional market of the cosmetics industry is further instrumental in strengthening the position of the region in global glycol ethers market.
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The global Glycol Ethers market covers the vision of participant analysis by product types, market share, applications, sales, and revenue.
Glycol Ethers Market Report covers the Top Key-players in 2021:-
- BASF SE
- Eastman Chemical Company
- FBC Chemical
- India Glycols Limited
- KH Neochem Co.
- LyondellBasell Industries Holdings B.V.
- Nippon Nyukazai Co.
- Recochem Inc.
- Royal Dutch Shell plc
- Sasol Limited
Highlighted points of Glycol Ethers Market Size:
- Covers the varying market dynamics of the industry.
- In-depth analysis of market risks, opportunities, limitations, and growth of the market.
- Includes market driving and restraining factors.
- Participants profiles along with product description, overview, and business data.
- Include details of five years of forecast analysis by types, regions, and applications.
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This Glycol Ethers Market Research/analysis Report Contains Answers to your following Questions
- Which Manufacturing Technology is Used for Glycol Ethers? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Glycol Ethers Market? What’s Their Company Profile, Their Product Information, Contact Information?
- What Was Global Market Status of Glycol Ethers Market? What Was Capacity, Production Value, Cost and PROFIT of Glycol Ethers Market?
- What Is Current Market Status of Glycol Ethers Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Glycol Ethers Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Glycol Ethers Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What About Import and Export?
- What Is Glycol Ethers Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is Economic Impact On Glycol Ethers Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Glycol Ethers Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, Marketing Channels for Glycol Ethers Industry?
Key Developments in the Glycol Ethers Market:
January 2018: China launched an anti-dumping review of industrial solvents ethylene glycol monobutyl ether and diethylene glycol monobutyl ether imported from the United States and the European Union.
July 2017: Sadara started production of propylene glycol in Saudi Arabia.
March 2017: Seven ethylene glycol ethers have been declared not harmful as defined by section 64 of the Canadian Environmental Protection Act, 1999 (CEPA) in a draft screening assessment.
Reasons to Purchase this ReportIdentify the current and future prospects of the global glycol ethers market in the developed and emerging marketsAnalyze various perspectives of the market with the help of Porters five forces analysisInformation of the segment that is expected to dominate the marketIdentify the region that is expected to witness fastest growth during the forecast periodIdentify the latest developments, market shares, and strategies employed by the major market players3 months analyst support, along with the Market Estimate sheet (in excel)
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Finally, the report Global Glycol Ethers Market 2021 describes the Glycol Ethers industry expansion game plan, the Glycol Ethers industry knowledge supply, appendix, analysis findings, and the conclusion.
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