Global Glycol Ethers Market Is Expected To Register A CAGR Of 5.7% Over The Forecast Period

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Oct – 2019AMR-2021110PDF / Excel

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Increased use of personal care products, cleaners, paints & coatings to drive the global glycol ether market

The increased use of personal care products, cleaners, paints & coatings, drug products and printing industries will drive the global glycol ether market. A higher demand for water-based coating consists of product as a coalescing agent that is likely to boost the growth of industry in personal care and inks. Increased disposable income per capita, along with lifestyle changes with increased demand for skin-care products due to different climate conditions, will stimulate growth of the global glycol ether industry. Glycol ether’s market size is also accelerated rapidly owing to increased consumer awareness of hygiene issues.

The widespread use in print publications, including books, journals, technology printed materials and magazines, increases the demand for printing inks. Due to growing demand from corrugated carboards and flexible packaging applications the worldwide demand for printing inks is expected to grow at a significant rate. Due to its fast-drying nature and its compatibility with high-speed roll-to–rolling yard printing, Glycol ether is widely used in the production of inks.

Due to strict EU and FDA regulations, glycol ether is restricted in consumer goods. The complex nature of organic materials and their compatibility with inorganic compounds in terms of toxicity, effervescence, and fume makes systematic research into safety and efficiency difficult and mainly hampers the growth of glycol ether on the market. Low levels and direct human exposure can lead to conjunctivitis, high-level respiratory irritation, headache, provisional corneal clouding and nausea further leading to prove as a restraint to the market.

Ethylene glycol butyl ether acetate sector from the coating to grow significantly owing to rapid industrialisation

The demand of the ethylene glycol butyl ether acetate sector from the coating application is likely to grow significantly over the forecast period. The rapid industrialization of the coatings industry will increase product demand by improving the flow and gloss of coatings. It provides good tolerance and replace these solvents for aromatic and aliphatic hydrocarbons in order to increase features like roll application with high performance coatings. Demand from electronic applications for tripropylene glycol methyl ether (TPM) is likely to exceed neatly USD 88 million by 2025. In the electronics industry they are used for a variety of purposes, such as the production of positive formulations of photographs, cleaning and degreasing systems for solvents in boards and soldering fluxes.

North America regional market is driven by US and Canada is expected to grow significantly over the forecast period. Increased consumer awareness of high quality and non-toxic cosmetics can drive regional demand on the market. The overall market share will be stimulated by the FDA’s favoured GRAS regulations for several products of glycol ether, together with changing perceptions of consumers and increasing consumer awareness.

Glycol ether market demand for Europe is expected to surpass USD 2 billion by 2025, driven through the UK, France and Germany. For protection and decorative purposes Glycol ether coatings are widely used in the automotive industry. The increase in the demand for paints & coatings, which is likely to encourage Asia Pacific growth. The key industry players present in the global glycol ethers market include LyondellBasell, BASF, DowDuPont and Eastman among others.

The global glycol ethers market was valued at USD 4.73 billion in 2018 and is expected to register a CAGR of 5.7% over the forecast period. Higher demand is expected to boost markets growth for water-soluble ingredients in end-use industries, such as the printing and personal care industries. The increased use of water-based coatings consisting of glycol ether as a coalescent agent was the main reason for growth in the printing industry and the personal care sector. Due to regulatory policies favoring the use of environmentally friendly coating in the architectural and industrial industries the market of waterborne coating has seen significant growth in recent years. Demand from other end-use sectors, such as woodwork, aerospace and defense, and the marine sector, is expected to further increase medium-term demand.

Due to the regulatory policies promoting the use of environmental friendly coating in the architectural and industrial sectors the waterborne coating market has experienced significant growth in recent years. In the medium term there will be further increases in demand from other end-use sectors, like woodworking, aerospace, defense and marine. US is one of the major industries of paints and coverings, with around 278,000 employees in 2017 in the country. The U.S. lacquer and coating industry is worth almost USD 30 billion, whereas almost 1,000 companies compete for higher market shares. Although the US is expected to remain the largest market in North America, future developments will have a vital role to play with toxicological studies on human health hazards caused by lower molecular glycol ether. Now, due to strict regulations of associations such as the European Union (EU) and the United States Administration of Food and Drugs (FDA), its use in products for consumer goods is restricted. Stable growth outlook across North America’s end-use industries is a key factor in evaluating glycol ethers prospects for their future in the region.

The global glycol ethers market can be segmented on the basis of product, application and geography. On the basis of product, the global glycol ethers market can be classified into E-series, P-series. Based on application, the global glycol ethers market can be bifurcated into paints & coatings, printing, pharmaceuticals and electronics. Based on regions, the global glycol ethers market is divided into Europe, North America, Latin America, Asia-Pacific and rest of the world.

The REACH rules on the toxicity of ethylene oxide derivatives have a restrictive influence on the industry. This has led to propylene oxide being the starting material of manufacturers. Raw materials and utilities volatility severely restrict manufacturers ‘ profitability and therefore act as a negative boost on the global pricing scenario. Asia-Pacific is expected to dominate the global glycol ethers market. The demand for glycol ether in the area is expected to fuel due to increased demand for paints, coatings, adhesives, cleaners, printing tints and electronics & semiconductors.

The key industry players present in the global glycol ethers market include LyondellBasell, BASF, DowDuPont and Eastman among others.

Chapter 1.Executive Summary

Chapter 2.Market Introduction

Chapter 3.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025 – Key Industry Dynamics

  • 3.1.Key Market Drivers
  • 3.2.Key Market Restraints
  • 3.3.Market Opportunities
  • 3.4.Future Trends
  • 3.5.Impact Analysis of Drivers and Restraints

Chapter 4.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

Chapter 5.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025 – By Product

  • 5.1.E-series
  • 5.2.P-series

Chapter 6.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025 – Application

  • 6.1.Paints & Coatings
  • 6.2.Printing
  • 6.3.Pharmaceuticals
  • 6.4.Electronics

Chapter 7.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025 – By Region

  • 7.1.North America
  • 7.2.Europe
  • 7.3.Asia-Pacific
  • 7.4.Latin America
  • 7.5.Middle East & Africa

Chapter 8.North America Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 8.1.North America Glycol Ethers Market – By Product
    • 8.1.1.E-series
    • 8.1.2.P-series
  • 8.2.North America Glycol Ethers Market – By Application
    • 8.2.1.Paints & Coatings
    • 8.2.2.Printing
    • 8.2.3.Pharmaceuticals
    • 8.2.4.Electronics
  • 8.3.North America Glycol Ethers Market – By Country
    • 8.3.1.U.S.
    • 8.3.2.Canada

Chapter 9.Europe Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 9.1.Europe Glycol Ethers Market – By Product
    • 9.1.1.E-series
    • 9.1.2.P-series
  • 9.2.North America Glycol Ethers Market – By Application
    • 9.2.1.Paints & Coatings
    • 9.2.2.Printing
    • 9.2.3.Pharmaceuticals
    • 9.2.4.Electronics
  • 9.3.Europe Glycol Ethers Market – By Country
    • 9.3.1.Germany
    • 9.3.2.France
    • 9.3.3.UK
    • 9.3.4.Spain
    • 9.3.5.Italy
    • 9.3.6.Rest of Europe

Chapter 10.Asia-Pacific Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 10.1.Asia-Pacific Glycol Ethers Market – By Product
    • 10.1.1.E-series
    • 10.1.2.P-series
  • 10.2.Asia-Pacific Glycol Ethers Market – By Application
    • 10.2.1.Paints & Coatings
    • 10.2.2.Printing
    • 10.2.3.Pharmaceuticals
    • 10.2.4.Electronics
  • 10.3.Asia-Pacific Glycol Ethers Market – By Country
    • 10.3.1.China
    • 10.3.2.India
    • 10.3.3.Japan
    • 10.3.4.South Korea
    • 10.3.5.Rest of Asia-Pacific

Chapter 11.Latin America Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 11.1.Latin America Glycol Ethers Market – By Product
    • 11.1.1.E-series
    • 11.1.2.P-series
  • 11.2.Latin America Glycol Ethers Market – By Application
    • 11.2.1.Paints & Coatings
    • 11.2.2.Printing
    • 11.2.3.Pharmaceuticals
    • 11.2.4.Electronics
  • 11.3.Latin America Glycol Ethers Market – By Country
    • 11.3.1.Brazil
    • 11.3.2.Mexico
    • 11.3.3.Rest of Latin America

Chapter 12.Middle East & Africa Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 12.1.Middle East & Africa Glycol Ethers Market – By Product
    • 12.1.1.E-series
    • 12.1.2.P-series
  • 12.2.Middle East & Africa Glycol Ethers Market – By Application
    • 12.2.1.Paints & Coatings
    • 12.2.2.Printing
    • 12.2.3.Pharmaceuticals
    • 12.2.4.Electronics
  • 12.3.Middle East & Africa Glycol Ethers Market – By Country
    • 12.3.1.UAE
    • 12.3.2.Saudi Arabia
    • 12.3.3.Turkey
    • 12.3.4.Rest of Middle East & Africa

Chapter 13.Competitive Analysis

  • 13.1.1.Competition Dashboard
  • 13.1.2.Company Profiles
    • 13.1.2.1.LyondellBasell
    • 13.1.2.2.BASF
    • 13.1.2.3.DowDuPont
    • 13.1.2.4.Eastman
Report Synopsis

Increased use of personal care products, cleaners, paints & coatings to drive the global glycol ether market

The increased use of personal care products, cleaners, paints & coatings, drug products and printing industries will drive the global glycol ether market. A higher demand for water-based coating consists of product as a coalescing agent that is likely to boost the growth of industry in personal care and inks. Increased disposable income per capita, along with lifestyle changes with increased demand for skin-care products due to different climate conditions, will stimulate growth of the global glycol ether industry. Glycol ether’s market size is also accelerated rapidly owing to increased consumer awareness of hygiene issues.

The widespread use in print publications, including books, journals, technology printed materials and magazines, increases the demand for printing inks. Due to growing demand from corrugated carboards and flexible packaging applications the worldwide demand for printing inks is expected to grow at a significant rate. Due to its fast-drying nature and its compatibility with high-speed roll-to–rolling yard printing, Glycol ether is widely used in the production of inks.

Due to strict EU and FDA regulations, glycol ether is restricted in consumer goods. The complex nature of organic materials and their compatibility with inorganic compounds in terms of toxicity, effervescence, and fume makes systematic research into safety and efficiency difficult and mainly hampers the growth of glycol ether on the market. Low levels and direct human exposure can lead to conjunctivitis, high-level respiratory irritation, headache, provisional corneal clouding and nausea further leading to prove as a restraint to the market.

Ethylene glycol butyl ether acetate sector from the coating to grow significantly owing to rapid industrialisation

The demand of the ethylene glycol butyl ether acetate sector from the coating application is likely to grow significantly over the forecast period. The rapid industrialization of the coatings industry will increase product demand by improving the flow and gloss of coatings. It provides good tolerance and replace these solvents for aromatic and aliphatic hydrocarbons in order to increase features like roll application with high performance coatings. Demand from electronic applications for tripropylene glycol methyl ether (TPM) is likely to exceed neatly USD 88 million by 2025. In the electronics industry they are used for a variety of purposes, such as the production of positive formulations of photographs, cleaning and degreasing systems for solvents in boards and soldering fluxes.

North America regional market is driven by US and Canada is expected to grow significantly over the forecast period. Increased consumer awareness of high quality and non-toxic cosmetics can drive regional demand on the market. The overall market share will be stimulated by the FDA’s favoured GRAS regulations for several products of glycol ether, together with changing perceptions of consumers and increasing consumer awareness.

Glycol ether market demand for Europe is expected to surpass USD 2 billion by 2025, driven through the UK, France and Germany. For protection and decorative purposes Glycol ether coatings are widely used in the automotive industry. The increase in the demand for paints & coatings, which is likely to encourage Asia Pacific growth. The key industry players present in the global glycol ethers market include LyondellBasell, BASF, DowDuPont and Eastman among others.

Report Description

The global glycol ethers market was valued at USD 4.73 billion in 2018 and is expected to register a CAGR of 5.7% over the forecast period. Higher demand is expected to boost markets growth for water-soluble ingredients in end-use industries, such as the printing and personal care industries. The increased use of water-based coatings consisting of glycol ether as a coalescent agent was the main reason for growth in the printing industry and the personal care sector. Due to regulatory policies favoring the use of environmentally friendly coating in the architectural and industrial industries the market of waterborne coating has seen significant growth in recent years. Demand from other end-use sectors, such as woodwork, aerospace and defense, and the marine sector, is expected to further increase medium-term demand.

Due to the regulatory policies promoting the use of environmental friendly coating in the architectural and industrial sectors the waterborne coating market has experienced significant growth in recent years. In the medium term there will be further increases in demand from other end-use sectors, like woodworking, aerospace, defense and marine. US is one of the major industries of paints and coverings, with around 278,000 employees in 2017 in the country. The U.S. lacquer and coating industry is worth almost USD 30 billion, whereas almost 1,000 companies compete for higher market shares. Although the US is expected to remain the largest market in North America, future developments will have a vital role to play with toxicological studies on human health hazards caused by lower molecular glycol ether. Now, due to strict regulations of associations such as the European Union (EU) and the United States Administration of Food and Drugs (FDA), its use in products for consumer goods is restricted. Stable growth outlook across North America’s end-use industries is a key factor in evaluating glycol ethers prospects for their future in the region.

The global glycol ethers market can be segmented on the basis of product, application and geography. On the basis of product, the global glycol ethers market can be classified into E-series, P-series. Based on application, the global glycol ethers market can be bifurcated into paints & coatings, printing, pharmaceuticals and electronics. Based on regions, the global glycol ethers market is divided into Europe, North America, Latin America, Asia-Pacific and rest of the world.

The REACH rules on the toxicity of ethylene oxide derivatives have a restrictive influence on the industry. This has led to propylene oxide being the starting material of manufacturers. Raw materials and utilities volatility severely restrict manufacturers ‘ profitability and therefore act as a negative boost on the global pricing scenario. Asia-Pacific is expected to dominate the global glycol ethers market. The demand for glycol ether in the area is expected to fuel due to increased demand for paints, coatings, adhesives, cleaners, printing tints and electronics & semiconductors.

The key industry players present in the global glycol ethers market include LyondellBasell, BASF, DowDuPont and Eastman among others.

Table of Content

Chapter 1.Executive Summary

Chapter 2.Market Introduction

Chapter 3.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025 – Key Industry Dynamics

  • 3.1.Key Market Drivers
  • 3.2.Key Market Restraints
  • 3.3.Market Opportunities
  • 3.4.Future Trends
  • 3.5.Impact Analysis of Drivers and Restraints

Chapter 4.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

Chapter 5.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025 – By Product

  • 5.1.E-series
  • 5.2.P-series

Chapter 6.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025 – Application

  • 6.1.Paints & Coatings
  • 6.2.Printing
  • 6.3.Pharmaceuticals
  • 6.4.Electronics

Chapter 7.Global Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025 – By Region

  • 7.1.North America
  • 7.2.Europe
  • 7.3.Asia-Pacific
  • 7.4.Latin America
  • 7.5.Middle East & Africa

Chapter 8.North America Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 8.1.North America Glycol Ethers Market – By Product
    • 8.1.1.E-series
    • 8.1.2.P-series
  • 8.2.North America Glycol Ethers Market – By Application
    • 8.2.1.Paints & Coatings
    • 8.2.2.Printing
    • 8.2.3.Pharmaceuticals
    • 8.2.4.Electronics
  • 8.3.North America Glycol Ethers Market – By Country
    • 8.3.1.U.S.
    • 8.3.2.Canada

Chapter 9.Europe Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 9.1.Europe Glycol Ethers Market – By Product
    • 9.1.1.E-series
    • 9.1.2.P-series
  • 9.2.North America Glycol Ethers Market – By Application
    • 9.2.1.Paints & Coatings
    • 9.2.2.Printing
    • 9.2.3.Pharmaceuticals
    • 9.2.4.Electronics
  • 9.3.Europe Glycol Ethers Market – By Country
    • 9.3.1.Germany
    • 9.3.2.France
    • 9.3.3.UK
    • 9.3.4.Spain
    • 9.3.5.Italy
    • 9.3.6.Rest of Europe

Chapter 10.Asia-Pacific Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 10.1.Asia-Pacific Glycol Ethers Market – By Product
    • 10.1.1.E-series
    • 10.1.2.P-series
  • 10.2.Asia-Pacific Glycol Ethers Market – By Application
    • 10.2.1.Paints & Coatings
    • 10.2.2.Printing
    • 10.2.3.Pharmaceuticals
    • 10.2.4.Electronics
  • 10.3.Asia-Pacific Glycol Ethers Market – By Country
    • 10.3.1.China
    • 10.3.2.India
    • 10.3.3.Japan
    • 10.3.4.South Korea
    • 10.3.5.Rest of Asia-Pacific

Chapter 11.Latin America Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 11.1.Latin America Glycol Ethers Market – By Product
    • 11.1.1.E-series
    • 11.1.2.P-series
  • 11.2.Latin America Glycol Ethers Market – By Application
    • 11.2.1.Paints & Coatings
    • 11.2.2.Printing
    • 11.2.3.Pharmaceuticals
    • 11.2.4.Electronics
  • 11.3.Latin America Glycol Ethers Market – By Country
    • 11.3.1.Brazil
    • 11.3.2.Mexico
    • 11.3.3.Rest of Latin America

Chapter 12.Middle East & Africa Glycol Ethers Market – Analysis and Revenue Forecast 2018-2025

  • 12.1.Middle East & Africa Glycol Ethers Market – By Product
    • 12.1.1.E-series
    • 12.1.2.P-series
  • 12.2.Middle East & Africa Glycol Ethers Market – By Application
    • 12.2.1.Paints & Coatings
    • 12.2.2.Printing
    • 12.2.3.Pharmaceuticals
    • 12.2.4.Electronics
  • 12.3.Middle East & Africa Glycol Ethers Market – By Country
    • 12.3.1.UAE
    • 12.3.2.Saudi Arabia
    • 12.3.3.Turkey
    • 12.3.4.Rest of Middle East & Africa

Chapter 13.Competitive Analysis

  • 13.1.1.Competition Dashboard
  • 13.1.2.Company Profiles
    • 13.1.2.1.LyondellBasell
    • 13.1.2.2.BASF
    • 13.1.2.3.DowDuPont
    • 13.1.2.4.Eastman
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