E-Series Glycol Ether Market| One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2027
E-Series Glycol Ether Market- Analysis, Outlook, Growth, Trends, Forecasts
(PresseBox) - Glycol ethers form family of solvents based on alkyl ethers of propylene glycol or ethylene glycol. E-series glycol ether is made from ethylene oxide as a raw material and hence called as e-series. On attachment of repetitive units of ethylene oxide group’s e-series can have mono, di, and tri-ethylene glycol ethers. E-series glycol ether are characterised by their strong compatibility with water and also with various organic solvents.
The other important properties of e-series glycol ether includes low volatility, solvent strength, and ability to act as coupling agents promoting the miscibility of organic and aqueous phases. E-series glycol ether find wide applications in cleaning, pharmaceutical, personal care and cosmetic, act as plasticizer in plastic resins and solvents in paints etc.
The high molecular weight e-series glycol ether are commonly used as fluids in hydraulic brakes. The global e-series glycol ether market is expected to grow significantly during the forecast period with increasing use of e-series glycol ether in various industries.
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Global E-series Glycol Ether Market: Drivers and Restraints:
The global e-series glycol ether market is primarily driven by the increasing demand from various applications. Cleaning, paint and cosmetic are some of the most important applications which drives the global e-series glycol ether market. Also, global e-series glycol ether market is driven by the increasing use of e-series glycol ether as medicine extraction in pharma industries. Some of the regulations for e-series glycol ether are REACH, Predicted No Effect Concentrations (PNEC) and Derived No Effect Levels (DNEL), Classification, Labelling and Packaging of substances and mixtures (CLP).
However, the low molecular weight e-series glycol ether (ethylene glycol ethyl ether (EGEE), ethylene glycol methyl ether (EGME), possess health hazards to humans and also to animals due to its toxicity. Besides, European Union and Canada has adopted regulations in limiting its use in consumer goods. These factors might restrain the growth of global e-series glycol ether market.
Global E-series Glycol Ether Market: Region Wise Outlook
The global e-series glycol ether market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). In terms of consumption APEJ holds major share in the global e-series glycol ether market followed by North America and Western Europe.
In APAC, China is expanding at a double CAGR growth due vast adoption e-series glycol ether in various applications. Japan is anticipated to expand significantly whereas Latin America and MEA are expected show moderate growth during the forecast period.
Global E-series Glycol Ether Market: Key Players
Some of the key players identified in the global e-series glycol ether market includes:
The Dow Chemical Company
Eastman Chemicals
BASF SE
Saudi Basic Industries Corporation (SABIC)
Exxon Mobil Corporation
Huntsman Corporation
LyondellBasell Chemical Company
Shell Chemicals
Sasol Ltd
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geography, technology and applications.
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Global E-series Glycol Ether Market: Segmentation
On the basis of glycol ether type, e-series glycol ether market is segmented into:-
EGBE (Ethylene Glycol Butyl Ether)
EGPE (Ethylene Glycol Propyl Ether)
EGBEA (Ethylene Glycol Butyl Ether Acetate)
Others
On the basis of molecular weight, e-series glycol ether market is segmented into:-
Low molecular weight e-series glycol ether
High molecular weight e-series glycol ether
On the basis of application, e-series glycol ether market is segmented into:-
Cleaners
Cosmetics & Personal Care
Chemical Intermediates
Paints & Coatings
Pharmaceuticals
Printing Ink
Others
The 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. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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About FMI
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Datum: 08.05.2022 - 09:00 Uhr
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