Glycol Ether Market Statistics 2020 | Trend & Growth Forecast To 2025
Category: #reports  By Rahul Sankrityayan  Date: 2020-05-18
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Glycol Ether Market Statistics 2020 | Trend & Growth Forecast To 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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Glycol Ether Market may exceed USD 8.5 billion by 2025Increasing demand for lightweight hybrid & electrical vehicles with higher fuel economy and lower emission levels will boost the market for adhesives across automotive industry. 

Top Companies

  1. BASF
  2. The Dow Chemical Company
  3. Eastman Chemical Company
  4. SABIC
  5. Exxon Mobil Corporation
  6. Sasol
  7. Huntsman Corporation
  8. Shell
  9. LyondellBasell Industries
  10. Hannong Chemicals Inc
  11. Matrix Chemicals
  12. Biesterfeld AG

Growth drivers are

  1. Europe: Increasing inclination towards sun protection products
  2. North America: Rising trends towards biodegradable products
  3. Asia Pacific: Increasing focus on ecological construction & rising paints and coating industries

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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.

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.

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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.

Read more:

  1. Peracetic Acid Market Demand, Recent Trends and Developments Analysis 2025
  2. Glycol Ether Market Research Report, Growth Forecast 2025
  3. Methyl Isobutyl Ketone Market Demand, Recent Trends and Developments Analysis 2025
  4. Vinyl Ester Market Research Report, Growth Forecast 2025
  5. Industrial Solvents Market Share Analysis and Research Report by 2025

 



About Author

Rahul Sankrityayan

Email: [email protected]   

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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