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.
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.
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.
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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.
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)
o Ethylene Glycol Butyl Ether Acetate
o Ethylene Glycol Propyl Ether
o E-series Glycol Ether
o Methyl Ether Acetate
o Butyl Ether
o Methyl Ether
Glycol Ether Market, By Application, 2022-2031 (USD Million)
- Paints & Coatings
- Cosmetics & Personal Care
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)
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
- Matric Chemicals
- BASF SE
- Exxon Mobil
- LyondellBasell Industries
- Eastman Chemical
- Huntsman Corporation
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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.