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E-Series Glycol Ether Market Expected To Observer Major Growth By 2027

06-12-2017 01:40 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

E-Series Glycol Ether Market Expected To Observer Major Growth

Glycol ethers form family of solvents based on alkyl ethers of propylene glycol or ethylene glycol. E-series glycol ether is made from ethylene oxide as a raw material and hence called as e-series. On attachment of repetitive units of ethylene oxide group’s e-series can have mono, di, and tri-ethylene glycol ethers. E-series glycol ether are characterised by their strong compatibility with water and also with various organic solvents. The other important properties of e-series glycol ether includes low volatility, solvent strength, and ability to act as coupling agents promoting the miscibility of organic and aqueous phases. E-series glycol ether find wide applications in cleaning, pharmaceutical, personal care and cosmetic, act as plasticizer in plastic resins and solvents in paints etc. The high molecular weight e-series glycol ether are commonly used as fluids in hydraulic brakes. The global e-series glycol ether market is expected to grow significantly during the forecast period with increasing use of e-series glycol ether in various industries.

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)

Others

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:-

Cleaners

Cosmetics & Personal Care

Chemical Intermediates

Paints & Coatings

Pharmaceuticals

Printing Ink

Others

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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

Eastman Chemicals

BASF SE

Saudi Basic Industries Corporation (SABIC)

Exxon Mobil Corporation

Huntsman Corporation

LyondellBasell Chemical Company

Shell Chemicals

Sasol Ltd

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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