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Global Butyl Glycol Market Study Analysis: The Butyl Glycol Market Is Expected To Register A Growth At A CAGR Of 12%
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Global Butyl Glycol Drivers And Restrain:
The major factor driving the growth of the market includes the growth in the global paints & coatings industry. The various manufacturer is focusing on the development of customized technological solution based on the industrial requirement.
The major factor restraining the growth of the market includes the increase in trend of environment safety, manufacture of high quality and eco-friendly product, and new product reformulation. Furthermore, the availability of substitutes for butyl glycol, stringent government regulations, and volatile prices of raw materials are hindering the growth of the market.
Covid-19 Scenario:
• Impact on Market Size
• End-User Trend, Preferences, and Budget Impact
• Regulatory Framework/Government Policies
• Key Players Strategy to Tackle Negative Impact
• Opportunity Window
Global Butyl Glycol Market Segments:
The global Butyl Glycol market is further segmented into application and geography.
By Application: Skin Care, Eye Care, Hair Products, Food & Beverage and Industrial Application, and Others
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
• Rest of the World (Middle East & Africa and South America)
The Asia Pacific is anticipated to register the highest growth owing to the rising industrialization and the development of infrastructure. Furthermore, in developing nations low and middle-income people use butyl glycol as house cleaning solutions.
Key Players of Global Butyl Glycol Market:
• Sadara Chemical Company
• Anshika Polysurf Ltd.
• Nippon Nyukazai Co. Ltd.
• Lotte Chemical Corporation
• Sasol Ltd.
• Lyondell Basell Industries N.V.
• Eastman Chemical Corporation
• Asia Pacific Petrochemicals Co Ltd
• Dow Chemical Company
• BASF SE
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Key Questioned Answered Through The Report:
• The Impact of COVID-19 on the global market
• What are the potential opportunities for new entrants in the global market
• What is the market Size and Forecast from 2020 to 2028?
• Key Players associated with the global Testing, Inspection and Certification Market
• Value Chain Analysis of Global Testing, Inspection and Certification Market
• What is the CAGR of the global Testing, Inspection, and Certification Market from 2021 to 2028
• Major Growth Factor, Challenges, Trends, and Opportunities in the global market
• Key outcomes of SWOT Analysis
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Evolve Business Intelligence is a market research, business intelligence, and advising service that offers creative solutions to a company's problems. Data beneficial to micro, small, medium, and large-scale businesses can be found in our market research studies. We offer a wide range of services, from data collection to business consulting.
Evolve Business Intelligence is built on account of technology advancement and our in-house AI-modelled data analysis and forecast tool - EvolveBI - provides extremely accurate data. This application tracks real-time statistics from Fortune's Global 2000 firms, including quarterly performance, annual performance, and recent changes.
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