Butyl glycol is prized for its solvent properties. It is a clear, colorless liquid with a mildly sweet odor and is highly miscible with water and numerous organic solvents. This makes it a valuable ingredient in various cleaning and industrial products. Butyl glycol is used in the chemical industry for various purposes, including as a solvent for dyes, inks, and resins.   

Rubber paint manufacturers utilize butyl glycol a lot as a coalesce agent. The global expansion of the building and automotive sectors creates a steady need for superior paints and coatings, which propels the butyl glycol market. The need for chemicals like butyl glycol to be used in a variety of processes, including the creation of chemicals and ink, is fueled by the growth in industrial activities, particularly in emerging nations.

The report “Butyl Glycol Market, By Function (Chemical Intermediate, Solvent, Coalescing Aid, and Plasticizer), By Application (Metal Working Fluid, Paints & Coating, Printing Inks, Polymers & Plastics, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Highlights:

• In August 2021, BASF and Sinopec announced the further expansion of the joint venture at Verbund site by expansion of production capacities in various downstream chemical manufacturing units which include Glycol ethers. In addition to constructing a new tert-butyl acrylate facility, the partners will increase their production capacity of propionic acid, propionic aldehyde, ethylene amines, ethanolamine’s, and refined ethylene oxide.

Analyst View:

Butyl glycol is used in the domestic and industrial cleaning industry because of its solvent qualities. As a result of increased urbanization and awareness of hygiene, there is a growing need for efficient cleaning solutions. Some regulatory agencies are pushing for the adoption of safer and more ecologically friendly chemicals. In some applications, butyl glycol has been employed as a less dangerous substitute, which may increase demand.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Butyl Glycol Market, By Function (Chemical Intermediate, Solvent, Coalescing Aid, and Plasticizer), By Application (Metal Working Fluid, Paints & Coating, Printing Inks, Polymers & Plastics, and Others) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”

Key Market Insights from the report:

Butyl Glycol Market was valued at US$ 3.4 Billion in 2024 and is projected to grow at a CAGR of 9.00% to reach US$ 7.5 Billion by 2034. Butyl Glycol Market is segmented based on Function, Application and Region.

• Based on Function, Butyl Glycol Market is segmented into Chemical Intermediate, Solvent, Coalescing Aid, and Plasticizer.
• Based on Application, Butyl Glycol Market is segmented into Metal Working Fluid, Paints & Coating, Printing Inks, Polymers & Plastics, and Others.
• By Region, the Butyl Glycol Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Competitive Landscape & their strategies of Butyl Glycol Market:

The prominent players operating in the Butyl Glycol Market includes, Sasol Ltd., BASF SE, Nippon Nyukazai Co. Ltd., Eastman Chemical Corporation, Sadara Chemical Company, KH Chemicals, Dow Chemical Company, Lyondell Basell Industries N.V., Asia Pacific Petrochemicals Co. Ltd., and Anshika Polsurf Ltd.  

To know more

Contact Us:

Sales

Prophecy Market Insights

U.S: 1 860 531 2574

RoW: 91 7775049802

Email- sales@prophecymarketinsights.com

Website- www.prophecymarketinsights.com

Blog- www.prophecyjournals.com