Press release
Global Glycol Ethers Market to Represent a Value of US$ 10.09 Bn By the end of 2024
View and Download TOC of Glycol Ethers Market Research Report@ https://www.persistencemarketresearch.com/market-research/glycol-ethers-market/toc
Key Driver Insights
Growing consumption by various end-use industries will remain the primary factors driving the sales of glycol ether. Rising introduction of new variant products with the help of a wide variety of eco-friendly and renewable technologies will be another key driver to market growth. Development of innovative, cost-effective products is anticipated to further boost the market for glycol ether.
PCE is widely used in degreasing and dry cleaning but is not eco-friendly and is hazardous to human health. Some forms of glycol ether on the market are identified to be the relatively decent alternatives to PCE, eventually fueling their demand in the market over the next few years.
Key Trend & Opportunity Insights
Several governments are increasingly promoting the use of P-series glycol ethers over the use of E-series glycol ethers. This trend is likely to present new opportunities for leading players. In addition to paints, coatings & adhesives, cleaners, printing inks, and cosmetic sectors are also registering significant consumption of glycol ethers.
Flourishing cleaners, printing inks and electronics & semiconductor sectors will also continue to bring in new growth opportunities. Moreover, as manufacturing and healthcare industries continue to thrive at pace, the demand for cleaning chemicals will also remain on the rise through 2024. Manufacturers are likely to capitalize over such end-use opportunities in near future.
Request and Download Sample Report@ https://www.persistencemarketresearch.com/samples/4429
Key Segment Insights
By product type, E-series glycol ether segment will witness a decline by 470 BPS over 2016-2024. P-series glycol ether segment will however exhibit significant growth, accounting for a whopping 71.6% revenue share in 2024.
Based on application, paints, coatings & adhesives segment will remain dominant throughout the forecast period, capturing a value share of over 53% by 2024 end. With a gain of over 100 BPS, cleaners will represent the second largest segment, reaching beyond US$ 1.8 Bn in 2024. Other application segments are likely to witness a drop in terms of BPS.
Regional Insights
By region, APAC will retain the leading regional market position and expand at the fastest CAGR of 9.9% over the forecast period. Accounting for over 40% share of the market value in 2024, this segment will experience a massive boost in BPS. This growth is attributed to substantial consumption by paints and printing ink sectors within this region, especially by water-based flexo inks manufacturing companies. Europe, despite a slight decline over the assessment period, will remain the second largest market for glycol ether.
Key Vendor Insights
The Persistence Market Research report profiles some of the top companies competing in the global glycol ether marketplace. A few of the key players are The Dow Chemical Company, BASF SE, LyondellBasell Industries Holdings B.V., Royal Dutch Shell plc., Eastman Chemical Company, Sasol Limited, HANNONG CHEMICALS INC., Dynamic International Enterprises Limited, and Jiangsu Ruijia Chemistry Co., Ltd.
A few prominent trends among leading manufacturers include increased focus on P-series glycol ethers production. Companies are also seeking inorganic expansion. Through vertical or horizontal expansions and acquisitions, a majority manufacturers are aspiring strong partnerships and long-term contracts with raw material distributors.
Buy Full Glycol Ethers Market Report@ https://www.persistencemarketresearch.com/checkout/4429
About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
Contact
Persistence Market Research Pvt. Ltd
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web:www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Glycol Ethers Market to Represent a Value of US$ 10.09 Bn By the end of 2024 here
News-ID: 725900 • Views: …
More Releases from Persistence Market Resarch
Industrial Cable Reels Market is expected to increase by a CAGR of 4.0% by 2031| …
Trading of modern link pulls in the global market is valued at US$2,480.0 million towards the end of 2018, representing a YoY growth pace of 4.0% north of 2023. In terms of modern link reel volume, China is expected to account for almost 22.2% of the total share of the global modern link reel market towards the end of 2026 and is expected to maintain its position in the modern…
Global Market for RTD/high strength premixes is poised to expand at a sub-par CA …
Persistence Market Research And new report on the global RTD/high strength premixes market, RTD/High Strength Premixes Market: Global Industry Analysis (2012-2016) and Forecast (2017-2026)
The study has been developed to offer valuable insights on how the demand for RTD/high strength premixes will shape up in the immediate future. Industry trends, macroeconomic factors, marketing opportunities, and new applications encompassing the global RTD/high strength premixes market have been analyzed in the report. Market…
Food Retail Market Segmented By Food and Grocery Retail, Pet Food Retail in Supe …
Rise in the global population, changing customer preferences and emerging economies are making the way for the food retail industry. It is a dynamically progressing industry and contributes to the development of several industries such as food packaging.
Food Retail is categorized under distribution channel into four different segments: supermarkets/hypermarkets, independent and specialist retailers, convenience stores and others. Supermarket or hypermarket segment accounts for a comparatively larger market share.
Increasing customer preference…
Cosmetic Peptide Synthesis Market Size to Exhibit a US$ 182.1 Mn by 2032 - Insig …
The most recent report from Persistence Market Research on the worldwide cosmetic peptide synthesis market assesses the market's opportunities and current state, and it offers in-depth research and the most recent information on the relevant segments that have an impact on the market.
The study provides in-depth analysis of the market's present dynamics, including its drivers, constraints, trends, and prospects. The market study's main goal is to provide unique information…
More Releases for Glycol
Major Market Shift in Caprylyl Glycol Industry: Innovation With Bio-Based Glycol …
What Is the Forecasted Market Size and Growth Rate for the Caprylyl Glycol Market?
The caprylyl glycol market has grown significantly in recent years. It is forecasted to rise from $1.59 billion in 2024 to $1.71 billion in 2025, with a CAGR of 7.6%. This growth is fueled by the increasing popularity of skincare products, the demand for organic cosmetics, the rising need for natural preservatives, expansion in end-use industries, and…
Global Glycol Market: Robust Growth Driven by Industrial Expansion and Innovatio …
Glycol Market: Surging From $42.23 Billion in 2024 to $62.02 Billion in 2029 with 8% CAGR Driven by Automotive Industry Growth and Major Technological Advancements
What Is The Projected Market Size Of The Global Glycol Market And Its Growth Rate?
• The global glycol market size is projected to grow from $42.23 billion in 2024 to $45.54 billion in 2025, with a robust 7.8% CAGR.
• The strong growth in the historic period…
Polyethylene Glycol Market Report 2024 - Polyethylene Glycol Market Share And Tr …
"The Business Research Company recently released a comprehensive report on the Global Polyethylene Glycol Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample…
Automotive Antifreeze Market : Ethylene Glycol, Propylene Glycol and Glycerin 20 …
The global automotive antifreeze market was valued at $4.92 billion in 2019, and is projected to reach $6.01 billion by 2027, registering a CAGR of 7.9% for the forecast period 2020-2027.
Download Report Sample at https://www.alliedmarketresearch.com/request-sample/2557
The key players analyzed in this automotive antifreeze market report are Castrol, Chevron Corporation, Exxon Mobil Corporation, Halfords Group PLC., Motul, Prestone Products Corporation, Rock Oil Company LLC., Royal Dutch Shell…
Automotive Antifreeze Market : Ethylene Glycol, Propylene Glycol and Glycerin 20 …
The Global Automotive Antifreeze Market by Fluid Type ( Ethylene Glycol, Propylene Glycol and Glycerin), Technology (Inorganic Additive Technology (IAT), Organic Acid Technology (OAT) and Hybrid Organic Acid Technology (HOAT)), Application (Passenger vehicle, Commercial vehicle and Construction vehicle), and Distribution Channel (Original Equipment Manufacturers (OEMs) and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020-2027 was valued at $4.92 billion in 2019, and is projected to reach $6.01 billion by 2027,…
Glycol Dehydration Unit Market Glycol Dehydration Unit Market 2028
Persistence Market Research delivers key insights on the global glycol dehydration unit market, in its report titled, 'Glycol Dehydration Unit Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028'. Over the forecast years, the global glycol dehydration unit market is expected to show a positive outlook.
The market value is expected to increase at a healthy pace over the forecast period. Based on the glycol type segment, the triethylene glycol segment is…
