Global Glycol Ethers Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Glycol Ethers Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Type (E-series (Methyl Glycol Ether, Ethyl Glycol Ether, and Butyl Glycol Ether), and P-series (Propylene Glycol Monomethyl Ether (PM), Dipropylene Glycol Monomethyl Ether (DPM), Tripropylene Glycol Monomethyl Ether (TPM), and Other Propylene Glycol Ethers), Type (Solvent, Anti-Icing Agent, Hydraulic and Brake Fluid, and Chemical Intermediate), End-user Industry (Paints and Coatings, Printing, Pharmaceuticals, Cosmetics and Personal Care, Adhesives, and Other End-user Industries), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Glycol Ethers Market was valued at USD 7,749.2 million in 2023 and is expected to reach USD 12,258.1 million by 2031 while growing at a CAGR of 5.9% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global glycol ethers market growth. Derived from ethylene oxide or propylene oxide, which are chemicals produced from ethylene and propylene, glycol ethers form a group of solvents with versatile chemical properties. These solvents find widespread applications in various industrial processes and consumer products due to their ability to dissolve substances such as oils, resins, and water.
Increasing demand from end-user industries like paints, coatings, adhesives, pharmaceuticals, cleaning products, and industrial cleaners propels the glycol ethers market. Nevertheless, challenges such as stringent environmental regulations and a shift towards sustainable alternatives could impede market expansion.
Furthermore, the global glycol ethers industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Type Analysis
The Global Glycol Ethers Market is segmented among E-series, and P-series, based on Type. In 2023, P-series accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By End-user Industry Analysis
The Global Glycol Ethers Market is segmented among Solvents, Anti-Icing Agents, Hydraulic and Brake Fluids, and Chemical Intermediates, based on End-user Industry. In 2023, Solvents accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Glycol Ethers Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are BASF SE, Dow, Eastman Chemical Company, FBC Chemical, India Glycols Ltd, Ineos Group Limited, Kemipex, KH Neochem Co. Ltd, LyondellBasell Industries Holdings B.V., Nippon Nyukazai Co. Ltd., and Oxiteno.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Glycol Ethers Market Dynamics
Drivers
Restraints
Opportunity
4. Global Glycol Ethers Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Glycol Ethers Market Segmentation, By Type
Global Glycol Ethers Market Share Analysis, By Type
Global Glycol Ethers Market Growth Analysis, By Type
Global Glycol Ethers Market Trends, By Type
o E-series
Ø Methyl Glycol Ether
Ø Ethyl Glycol Ether
Ø Butyl Glycol Ether
o P-series
Ø Propylene Glycol Monomethyl Ether (PM)
Ø Dipropylene Glycol Monomethyl Ether (DPM)
Ø Tripropylene Glycol Monomethyl Ether (TPM)
Ø Other Propylene Glycol Ethers
6. Global Glycol Ethers Market Segmentation, By Application
Global Glycol Ethers Market Share Analysis, By Application
Global Glycol Ethers Market Growth Analysis, By Application
Global Glycol Ethers Market Trends, By Application
o Solvent
o Anti-Icing Agent
o Hydraulic and Brake Fluid
o Chemical Intermediate
7. Global Glycol Ethers Market Segmentation, By End-user Industry
Global Glycol Ethers Market Share Analysis, By End-user Industry
Global Glycol Ethers Market Growth Analysis, By End-user Industry
Global Glycol Ethers Market Trends, By End-user Industry
o Paints and Coatings
o Printing
o Pharmaceuticals
o Cosmetics and Personal Care
o Adhesives
o Other End-user Industries
8. Global Glycol Ethers Market Segmentation, By Region
Global Glycol Ethers Market Share Analysis, By Region
Global Glycol Ethers Market Growth Analysis, By Region
Global Glycol Ethers Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
9. Competitive Landscape
BASF SE*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Dow
Eastman Chemical Company
FBC Chemical
India Glycols Ltd
Ineos Group Limited
Kemipex
KH Neochem Co. Ltd
LyondellBasell Industries Holdings B.V.
Nippon Nyukazai Co. Ltd
Oxiteno
*Similar analysis will be provided for each company listed above.
