Glycol Ethers Market SWOT Analysis and Growth Strategies by Top Companies 2023-2031

The global glycol ethers market size was US$ 6.89 billion in 2021. The global glycol ethers market size is forecast to reach US$ 11.7 billion by 2030, growing at a compound annual growth rate (CAGR) of 6% during the forecast period from 2022 to 2030.

Glycol ether is a group of solvents derived from alkyl ethers of ethylene glycol and propylene glycol. Glycol ethers also find extensive use in paints and cleaners. There are two groups of glycol ethers, the E-series and the P-series. In addition, Ethylene oxide and propylene oxide are examples of reagents used to produce glycol ethers. Additionally, paints & coatings, adhesives, and personal care products use glycol ether as a solvent.

Factors Influencing Market Growth

Due to the increasing demand for paints and coatings and the increasing use of glycol ethers in cosmetics and personal care products, the global market is forecast to grow over the forecast period.

Over the forecast period, increasing awareness resulting in excess demand for P-series glycol, for low emission oxygenated diesel fuel, should provide opportunities for the global market.Download free sample of this report :-https://www.quadintel.com/request-sample/glycol-ethers-market-1/QI040

Growing disposable income and a change in lifestyle with an increase in demand for skin care products due to varied climatic conditions are forecast to boost industry growth.

Fluctuating raw material prices are the primary barrier to global market growth.

Impact Analysis of COVID-19

The COVID-19 pandemic has affected several industries, such as oil & gas, manufacturing, and chemicals.

Due to this pandemic, the oil & gas industry suffered. It has a negative impact on the glycol ether industry.

A pandemic outbreak has led to the temporary or complete shutdown of some production facilities which do not produce essential goods. A major impact of the novel COVID-19 outbreak has been the disruption of manufacturing plants and the improper transport of petroleum-related raw materials to manufacturing facilities.

Regional Insights

The Asia-Pacific region dominates the global glycol ethers market. In this region, there are a number of highly populated countries that have increased the demand for a variety of products. Modernization and the increase in per capita income have also improved the lifestyle, thereby increasing the demand for glycol ether in the textile industry. A rise in construction projects may also result in an increase in the demand for architectural paints, coatings, and adhesives.

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Leading Competitors

The leading prominent companies profiled in the global 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
Kemipex
KN Neochem
Lyondellbasell
Nippon Nyukazai
Oxiteno
Recochem
Royal Dutch Shell
SABIC
Sasol
Sadara Chemical
Solvay SA
Other Prominent Players

Scope of the Report

The global glycol ethers market segmentation focuses on Type, Application, End-use Industry, and Region.

Segmentation based on Type

E-series
Ethylene Glycol Ethyl Ether
Ethylene Glycol Propyl Ether
Ethylene Glycol Butyl Ether
Ethylene Glycol Butyl Ether Acetate
Ethylene Glycol Methyl Ether
Ethylene Glycol Phenyl Ether
Others
P-series
Propylene Glycol Butyl Ether
Mono-propylene Glycol Butyl Ether
Di-propylene Glycol Butyl Ether
Tri-propylene Glycol Butyl Ether
Propylene Glycol Methyl Ether
Mono-propylene Glycol Methyl Ether
Di-propylene Glycol Methyl Ether
Tri-propylene Glycol Methyl Ether
Propylene Glycol Propyl Ether
Mono-propylene Glycol Propyl Ether
Di-propylene Glycol Propyl Ether
Propylene Glycol Methyl Ether Acetate
Propylene Glycol Phenyl Ether
Others

Segmentation based on Application

Solvent
Anti-icing
Hydraulic & Brake Fluid
Chemical Intermediates

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Segmentation based on End-use Industry

Paints and Coatings
Printing
Pharmaceuticals
Cosmetics & Personal Care
Others

Segmentation based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America

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