E-Series Glycol Ether Market Expected To Observer Major Growth By 2027
Global E-series Glycol Ether Market: Drivers and Restraints:
The global e-series glycol ether market is primarily driven by the increasing demand from various applications. Cleaning, paint and cosmetic are some of the most important applications which drives the global e-series glycol ether market. Also, global e-series glycol ether market is driven by the increasing use of e-series glycol ether as medicine extraction in pharma industries. Some of the regulations for e-series glycol ether are REACH, Predicted No Effect Concentrations (PNEC) and Derived No Effect Levels (DNEL), Classification, Labelling and Packaging of substances and mixtures (CLP).
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However, the low molecular weight e-series glycol ether (ethylene glycol ethyl ether (EGEE), ethylene glycol methyl ether (EGME), possess health hazards to humans and also to animals due to its toxicity. Besides, European Union and Canada has adopted regulations in limiting its use in consumer goods. These factors might restrain the growth of global e-series glycol ether market.
Global E-series Glycol Ether Market: Segmentation
On the basis of glycol ether type, e-series glycol ether market is segmented into:-
EGBE (Ethylene Glycol Butyl Ether)
EGPE (Ethylene Glycol Propyl Ether)
EGBEA (Ethylene Glycol Butyl Ether Acetate)
On the basis of molecular weight, e-series glycol ether market is segmented into:-
Low molecular weight e-series glycol ether
High molecular weight e-series glycol ether
On the basis of application, e-series glycol ether market is segmented into:-
Cosmetics & Personal Care
Paints & Coatings
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Global E-series Glycol Ether Market: Region Wise Outlook
The global e-series glycol ether market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). In terms of consumption APEJ holds major share in the global e-series glycol ether market followed by North America and Western Europe. In APAC, China is expanding at a double CAGR growth due vast adoption e-series glycol ether in various applications. Japan is anticipated to expand significantly whereas Latin America and MEA are expected show moderate growth during the forecast period.
Global E-series Glycol Ether Market: Key Players
Some of the key players identified in the global e-series glycol ether market includes:
The Dow Chemical Company
Saudi Basic Industries Corporation (SABIC)
Exxon Mobil Corporation
LyondellBasell Chemical Company
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