Glycol Ether Market To Get Significant Proceeds By 2025
Category: #reports  By Rahul Sankrityayan  Date: 2020-04-29
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Glycol Ether Market To Get Significant Proceeds By 2025

Rapid developments of smart cities along with robust construction & renovation activities may enhance the E series glycol ether market. It is widely used in manufacturing paints & coatings owing to its characteristics such as miscibility with water & organic solvents, coalescing properties, and slow evaporation rate. Stringent regulations on toxicity levels along with changing consumer perceptions towards sustainable construction activities will stimulate market share.

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Tripropylene glycol methyl ether (TPM) market from coating applications may surpass USD 375 million by the end of forecast period. Changing automotive trends such as automated vehicles, improved safety & braking systems, stringent environmental regulations on toxicity & fume levels, along with consumer expectations for high quality products will stimulate market demand. The product aids in protecting against external environmental threats such as wet & dry deposition acidic rain, automobile body oxidation and UV radiations.

Dipropylene glycol methyl ether (DPM) market from adhesive applications may register gains at above 5% by the end of forecast period. Increasing demand for lightweight hybrid & electrical vehicles with higher fuel economy and lower emission levels will boost the market for adhesives across automotive industry. These adhesives find diverse usage in both external & internal applications by substituting nuts & bolts to reduce weight and thus increasing fuel efficiency. The product is compatible with aqueous solutions and wide working temperature band which will further stimulate market share.

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Europe ethylene glycol butyl ether acetate (EGBEA) market from chemical applications may exceed USD 35 million by 2025. Increasing urbanization & supportive government schemes in upgrading and modernizing chemical industry will increase glycol ether market share. Its superior properties such as such as high blush & electrical resistance, slow evaporation rate, biodegradable nature, & high solvency rate will boost its market across various chemical industries along with manufacturing printing inks, paints, coatings and automobile refinishes.

Major industry participants in glycol ether industry consist of Dow Chemical, SABIC, BASF SE, Eastman Chemical, Sasol, Huntsman Corporation, Shell, Biesterfeld AG, HanNong Chemicals, and Matrix Chemicals. Companies are engaged in research to develop product portfolio, increase geographical presence along with meeting regulatory norms which may further promote glycol ether industry growth.

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Rahul Sankrityayan

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Rahul Sankrityayan

Fortified with a post-graduate degree in Computer Applications, Rahul Sankrityan writes for Technology Magazine, where he pens down news and articles spanning across segments of technology industry that excite him on a day-to-day basis. Rahul comes with a rich experie...

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