Report
Description
A recent market intelligence report that is published by Data
Insights Partner on Glycol Ether Market makes an
offering of in-depth analysis of segments and sub-segments in the regional and
international. The research study also emphasizes on the impact of restraints,
drivers, and macro indicators on the regional and world Glycol Ether Market over the short as well as long period of time. A
detailed presentation of forecast, trends, and dollar values of international Glycol
Ether Market is offered.
Market
Insights:
In accordance with the report, the Glycol Ether Market is
projected to expand at a CAGR of X.X% over the period
of forecast. The global Glycol Ether
Market was valued at USD XX.X Mn in 2019 and is expected to reach USD XX.X Mn
in 2031, growing with a significant CAGR rate during the forecast period.
The construction industry's rapid expansion is predicted to boost the growth of
the paints and coatings industry, which will force the worldwide glycol ether
market forward. Rapid urbanisation, restorations of ageing structures, and many
smart city initiatives are the primary drivers of the construction industry's
growth. Growing awareness, which is driving up demand
for P-series glycol for low-emission oxygenated diesel fuel, is expected to
create chances for the market under consideration over the forecast period. The
market for glycol ether is expected to be boosted further by the development of
novel, cost-effective products. Glycol ether sales will continue to be driven
by increasing consumption by numerous end-use industries. Another important
driver of market growth will be the increasing launch of new variant products
using a variety of eco-friendly and renewable technologies. The important
manufacturers' supply chains were severely disrupted as a result of nationwide
lockdowns and harsh limitations on national and international transportation.
P-series glycol ethers are increasingly being promoted over E-series glycol
ethers by a number of governments. Leading players are expected to see new
opportunities as a result of this trend. Glycol ether market demand in the
automotive sector will be boosted by rising consumer awareness and shifting
sociocultural notions of environmental sustainability. APAC is expected to
maintain its leading position in the regional market and grow at the quickest
rate of XX percent over the projection period. This segment, which will account
for over XX percent of market value in 2031, will see a tremendous increase in
BPS. This increase can be linked to the region's significant use of paints and
printing inks, particularly water-based flexo inks manufacturers. Consumer
awareness of high-quality, nontoxic, and biodegradable cosmetics is likely to
stimulate regional demand. The overall glycol ether market share will be
stimulated by favourable FDA regulations governing GRAS approval for various
glycol ether goods, as well as shifting consumer perceptions and increased
consumer consciousness.
Research
Methodology:
To compile
the detailed study of the global Glycol Ether market, a
robust research methodology has been adopted that aids in determining the key
insights and also evaluates the growth prospects of the Glycol Ether Market. Comprehensive and iterative research
methodology focused on minimizing deviance in order to provide the most
accurate estimates and forecast possible. The company utilizes a combination of
bottom-up and top-down approaches for segmenting and estimating quantitative
aspects of the market. Our research methodology implements a mix of primary as
well as secondary research. Our projects are initiated with secondary research,
where we refer to a variety of sources including trade databases; government
published documents, investor presentations, company annual reports, Industrial
papers, and paid databases. To carry out secondary research, the analysts have
collected the information through company annual reports, journals, company
press releases, and paid databases that were referred to gain and identify
better opportunities in the Glycol Ether
Market.
COVID-19
Scenario Analysis:
The COVID-19
outbreak has shaken the whole economy in the world. In this scenario some
industries are doing quite well while others have been crushed. This section of
the report has explored the overall status of the COVID-19 scenario. The
industry witnessed a huge decline in terms of sales. Likewise, the Glycol Ether market was affected negatively due to the
shutdown of manufacturing/processing facilities for some time. The analysts
have also focused on the key measures that the companies are opting to
withstand the harsh scenario.
Segment
Covered:
Glycol Ether Market report has been
segmented By Product, By Type, By Application also includes the market size and
forecast for all these segments. Compounded annual growth rates for all
segments have also been provided for 2019 to 2031. This report is a compilation
of first-hand information, qualitative and quantitative assessment by industry
analysts, inputs from industry experts and industry participants across the
value chain.
Key Segments:
Glycol Ether Market research report
includes an in-depth coverage of the industry with estimates & forecast
from 2022 to 2031, for the following segments:
Glycol Ether
Market, By Raw Material, 2022-2031 (USD Million)
·
E-Series
o
Ethylene
Glycol Butyl Ether Acetate
o
Ethylene
Glycol Propyl Ether
o
E-series
Glycol Ether
o
Others
·
P-Series
o
Methyl Ether
Acetate
o
Butyl Ether
o
Methyl Ether
o
Others
Glycol Ether
Market, By Application, 2022-2031 (USD Million)
·
Printing
·
Electronics
·
Paints &
Coatings
·
Cosmetics
& Personal Care
·
Pharmaceuticals
·
Others
Report
Highlights:
The prime objective of the Glycol Ether market report is to
help the user understand the market in terms of its definition, segmentation,
market potential, influential trends, and the challenges that the market is
facing with different major regions and more than 30 major countries across the
globe. During the report's production, extensive research and analysis were
conducted. This research will assist readers in gaining a thorough
understanding of the market.
Glycol Ether Market,
By Region, 2022-2031 (USD Million)
·
North America (
United States, Canada, Mexico)
·
Europe
(Germany, UK, France, Italy, Russia, Spain, and Rest of Europe)
·
South Asia (
India, Pakistan and Bangladesh)
·
East Asia
(China, Japan and South Korea)
·
South East Asia
(Indonesia, Thailand, Singapore, Malaysia, Rest of SE Asia)
·
Middle East
(Turkey, Saudi Arabia, Iran, UAE, Israel, Iraq, Qatar, Rest of MEA)
·
Africa
(Nigeria, South Africa, Egypt, Algeria, Rest of Africa)
·
South America
(Brazil, Argentina, Colombia, Chile, and Rest of SA)
·
Oceania
(Australia and New Zealand)
Companies
Profiled:
To enhance their position in the global
market, key suppliers/manufacturers are concentrating on business expansion and
product innovation. Manufacturers/producers are also working on boosting their
manufacturing capacity and product quality to gain a competitive advantage. The
following are some of the prominent manufacturers in the worldwide Glycol Ether
market:
·
The Dow
Chemical Company
·
HanNong
Chemicals, Sasol
·
Shell
·
Biesterfeld
·
SABIC
·
Matric
Chemicals
·
BASF SE
·
Exxon Mobil
·
LyondellBasell
Industries
·
Eastman
Chemical
·
Huntsman
Corporation
·
Others
Glycol
Ether Market Report Highlights:
·
Detailed
analysis of the parent market
·
Key players'
strategies and products supplied in the competitive landscape
·
Market
segmentation in depth analysis
·
Market size
in terms of volume and value, past, present, and future scenario
·
Potential and
specialty areas, as well as geographical regions with promising growth
prospects
·
Market
players use this information to maintain and expand their market presence, thus
it's important to have an unbiased perspective on market performance.