The Glycol Ethers Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Glycol Ethers Global Market Report 2024, The glycol ethers market size has grown strongly in recent years. It will grow from $7.31 billion in 2023 to $7.94 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to paints and coatings industry, printing industry, cleaning and household products, industrial manufacturing, chemical industry advancements.
The glycol ethers market size is expected to see strong growth in the next few years. It will grow to $11.12 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to green cleaning products, electronics and semiconductor manufacturing, healthcare and pharmaceuticals, renewable feedstock, research and development. Major trends in the forecast period include low-voc paints and coatings, digital printing technologies, renewable feedstock exploration, safety and health regulations, aerospace coatings.
Rapid growth in the personal care and cosmetic industry is expected to propel the growth of the glycol ether market going forward. The personal care and cosmetic industry involve the manufacturing of products related to beauty and cosmetics. The glycol ethers are majorly used in different personal and cosmetics products, such as hair care products, cleanliness products, skincare products, bath products, and others. For instance, according to Exploding Topics, a US-based internet publishing site, the beauty industry’s revenue is expected to exceed $120 billion by 2025. Therefore, the rise in growth of the personal care and cosmetic industries drives the glycol ether market.
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The glycol ethers market covered in this report is segmented –
1) By Type: E-Series, P-Series
2) By Application: Solvent, Anti-icing, Hydraulic and Brake Fluid, Chemical Intermediates
3) By End User: Paints and Coatings, Printing, Pharmaceuticals, Cosmetics and Personal Care, Adhesives, Other End-Users
Strategic partnerships are a key trend gaining popularity in the glycol ether market. Major companies operating in the glycol ethers sector are searching for strategic alliances to help them strengthen their position in the market. For instance, in March 2022, Saudi Arabian Oil Company (Aramco), through its Saudi Aramco Asia Company Limited (SAAC) subsidiary, a Saudi Arabia-based petroleum and natural gas company, collaborated with China Petroleum and Chemical Corporation. This collaboration reinforces the long-standing relationship with Sinopec and enhances its presence in Asia. China Petroleum and Chemical Corporation is a China-based energy and chemical company. Further, in October 2021, Dow Chemicals, a US-based company operating in glycol ether solvents, partnered with Haldor Topsoe. With this partnership, Dow and Topsoe have formed a new cooperative to efficiently transform waste plastics into circular plastics, keeping them out of the environment and returning their value sustainably. Haldor Topsoe is a Denmark-based company specializing in carbon reduction technologies.
The glycol ethers market report table of contents includes:
Executive Summary
Glycol Ethers Market Characteristics
Glycol Ethers Market Trends And Strategies
Glycol Ethers Market - Macro Economic Scenario
Global Glycol Ethers Market Size and Growth
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Global Glycol Ethers Market Competitive Benchmarking
Global Glycol Ethers Market Competitive Dashboard
Key Mergers And Acquisitions In The Glycol Ethers Market
Glycol Ethers Market Future Outlook and Potential Analysis
Appendix
Top 5 Major Key Players Are:
Dow Chemical Company
HanNong Chemicals Inc
BASF SE
INEOS Group Ltd
India Glycols Limited
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The Global Glycol Ethers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on product type and application.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Glycol Ethers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/16925-glycol-ethers-market-reportThe report also covers the complete competitive landscape of the global Glycol Ethers market with company profiles of key players such as:BASF SEDynamic International Enterprises LimitedEastman Chemical CompanyHannong Chemicals Inc.Jiangsu Ruijia Chemistry Co., Ltd.LyondellBasell Industries Holdings N.V.Royal Dutch Shell plcSasol LimitedThe Dow Chemical CompanyOthersA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Product:E-Series Glycol EtherP-Series Glycol EtherBy Applications:Paints, Coatings & AdhesivesCleanersAutomotivePrinting InksPharma & CosmeticsChemical IntermediatesElectronics & SemiconductorsBy Geography:North America (NA)Europe (EU)Asia Pacific (APAC)Latin America (LA)Middle East & Africa (MEA)Download Free Sample Report of Global Glycol Ethers Market @ https://www.decisiondatabases.com/contact/download-sample-16925The Global Glycol Ethers Market has been exhibited in detail in the following chapters –Chapter 1 Glycol Ethers Market PrefaceChapter 2 Executive SummaryChapter 3 Glycol Ethers Industry AnalysisChapter 4 Glycol Ethers Market Value Chain AnalysisChapter 5 Glycol Ethers Market Analysis By ProductChapter 6 Glycol Ethers Market Analysis By ApplicationsChapter 7 Glycol Ethers Market Analysis By GeographyChapter 8 Competitive Landscape Of Glycol Ethers CompaniesChapter 9 Company Profiles Of Glycol Ethers IndustryPurchase the complete Global Glycol Ethers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-16925Other Reports by DecisionDatabases.com:Global Dimethyl Ether (DME) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Methyl Tertiary Butyl Ether (MTBE) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Polytetramethylene Ether Glycol (PTMEG) Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
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