Global Glycol Ether Market to Surpass $ 8.5 Bn by 2025

February 10, 2020


As per the report titled ‘Glycol Ether Market Size by Product (E-Series {Ethylene Glycol Propyl Ether (EGPE) {Paints & Coatings, Printing Inks, Pharmaceuticals, Cosmetics, Electronics}, Ethylene Glycol Butyl Ether (EGBE) {Paints & Coatings, Printing Inks, Chemical Intermediate}, Ethylene Glycol Butyl Ether Acetate (EGBEA), {Coating, Chemical Intermediates, Cleaning}, Others {Paints & Coatings, Printing Inks, Pharmaceuticals, Cosmetic & Personal Care, Electronics} , P-Series (Tripropylene Glycol Methyl Ether (TPM) {Coatings, Cleaners, Electronics, Printing Inks}, Propylene Glycol Methyl Ether (PM) {Coatings, Cleaners, Chemical Intermediates, Electronics}, Dipropylene Glycol Methyl Ether (DPM) {Coatings, Cleaners, Electronics, Adhesives}, Others {Coatings, Cleaners}), Industry Analysis Report, Regional Outlook (U.S., Canada, Mexico Germany, UK, France, Italy, Spain, Russia, China, India, Japan, South Korea, Thailand, Australia, Brazil, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025’, available with Market Study Report LLC, the global glycol ether market is anticipated to cross USD 8.5 billion by the year 2025.
 

Increasing number of smart city projects coupled with rapid construction and renovation activities across the globe will fuel the growth of E-series glycol ether market in the coming years. E-series glycol ether is extensively used in manufacturing, on account of its desirable attributes such as miscibility with water & organic solvents, slow evaporation rate, and coalescing properties. Stringent norms and policies pertaining to toxicity levels alongside growing consumer awareness towards sustainable construction will augment the market growth.
 

Based on the coatings application, tripropylene glycol methyl ether (TPM) market segment is anticipated to cross USD 375 million by the year 2025, owing to shifting automotive trends such as self-driving vehicles and advanced safety & braking systems. Strict environmental mandates on toxicity levels & emission rate, coupled with consumer expectation for superior products will further augment the segmental share. TPM combats against wet & dry deposition of acidic rain, UV radiations, and automobile body oxidation.
 

Based on the adhesives application, dipropylene glycol methyl ether (DPM) market segment is expected to witness a growth of over 5% by 2025. The growth can be attributed to rising demand for lightweight hybrid & electric vehicles for their high fuel efficiency and lower emission levels. These adhesives are used as an alternative for nuts & bolts, thereby, reducing the overall weight of the vehicle and improving fuel efficiency.
 

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Considering the geographical outlook, ethylene glycol butyl ether acetate (EGBEA) market in Europe from chemical application segment is projected to cross USD 35 million by the end of analysis period. Rapid urbanization and favorable government policies for retrofitting and modernizing chemical industry are driving the regional growth.
 

Major players of glycol ether market are Dow Chemical, BASF SE, SABIC, Eastman Chemical, Huntsman Corporation, Sasol, Shell, HanNong Chemicals, Biesterfeld AG, and Matrix Chemicals.


Frequently Asked Questions (FAQ) :

Increasing number of smart city projects coupled with rapid construction and renovation activities across the globe will fuel the growth of E-series glycol ether market in the coming years. E-series glycol ether is extensively used in manufacturing on account of its desirable attributes such as miscibility with water & organic solvents, slow evaporation rate, and coalescing properties. Stringent norms and policies pertaining to toxicity levels alongside growing consumer awareness towards sustainable construction will augment the market growth.
Tripropylene glycol methyl ether (TPM) market segment from coatings application is anticipated to cross USD 375 million by the year 2025, owing to shifting automotive trends such as self-driving vehicles and advanced safety & braking systems. Strict environmental mandates on toxicity levels & emission rate, coupled with consumer expectation for superior products will further augment the segmental share. TPM combats against wet & dry deposition of acidic rain, UV radiations and automobile body oxidation.
Ethylene glycol butyl ether acetate (EGBEA) market in Europe from chemical application segment is projected to cross USD 35 million by 2025. Rapid urbanization and favorable government policies for retrofitting and modernizing chemical industry are driving the regional growth.
Major players of glycol ether market are Dow Chemical, BASF SE, SABIC, Eastman Chemical, Huntsman Corporation, Sasol, Shell, HanNong Chemicals, Biesterfeld AG, and Matrix Chemicals.