Title: Glycol Ethers Market - Forecast (2022 - 2027)
1Glycol Ethers Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Glycol Ethers market size is forecast to reach
US7.2 billion by 2026, after growing at a CAGR
of 5.6 during 2021-2026. The glycol ethers are a
group of organic solvents used in industry and
the home for cleaning applications. They are used
as solvents for resins, varnishes, lacquers,
dyes, paints, gum, perfume, and others. They are
colorless liquids with a slight odor. Glycol
ethers have a higher boiling point and lower
molecular weight compared to other solvents. They
are majorly available in two series namely
E-series and P-series. Propylene glycol ethers
are used in cleaners, aerosol paints, and
adhesives whereas E-series are widely preferred
in cosmetic products.
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- Key Takeaways
- The Asia Pacific region is expected to dominate
the market and register the highest CAGR of
6.8 during the forecast period 2021-2026. The
presence of leading chemical companies along with
rapid growth in personal care, the industry is
propelling regional growth. - The paints coating industry is the largest
consumer of glycol ethers during the forecast
period. Paints and coatings find their usage in
different industries such as construction,
automotive, packaging, and others. - The Dow chemicals company is one of the leading
producers of ethylene-oxide-based glycol ethers
globally. The company is also expanded its
p-series and performance glycol esters products.
The company holds a 50 share in the Sadara joint
venture with Saudi Aramco. -
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By Distribution Channel- Segment Analysis The
E-series glycol ethers segment accounted for the
largest share of more than 60 in the Glycol
Ethers market in 2020 and is estimated to grow at
a significant rate during the forecast period.
E-series glycol ethers offer different properties
such as low volatility, solubility, and slightly
stronger solvents compared top-series. The
products are used as solvent and coupling agents
in both household and industrial cleaners. The
commercial E-series glycol ethers consist of
methyl, ethyl, and butyl glycol ethers.
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- Glycol Ethers Market
Outlook - BASF SE
- Eastman Chemicals Company
- Royal Dutch Shell
- DowDuPont
- FBC Chemical Corp
- Ineos Group Limited
- KH Neochem Co. Ltd
- LyondellBasell Industries NV
- Nippon Nyukazai Co. Ltd
- Oxiteno
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Glycol Ethers Market
Forecast (2022 - 2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/117
07/glycol-ethers-market.html
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