Glycol Ethers Market Overview
Ethers Market size accounted for US$ 6.5 billion in 2020 and is estimated to be US$ 10.80 billion by 2030 and is anticipated to register a CAGR of 5.7%.
Glycol Ethers are a group of solvents. The solvents like propylene glycol and ethylene glycol have higher boiling point with favourable solvent properties. Glycol Ethers are derived from ethylene oxide with alcohol like ethanol, methanol, butanol, propanol and hexanol. Glycol Ethers are used in paints, cosmetics, liquid soaps, cleaning compounds, etc. Glycol Ethers are used as a cleaning compounds in industries and house like floor cleaners, carpet cleaners, oven cleaners, glass cleaners. Glycol Ether solvents are used in resins, waxes, fats, dyes, waxes, etc. Glycol Ethers are used in coating industries for past fifty years due to their excellent properties like solvent activity, solubility for coating resins, flow-out & leveling properties, good solvent release, evaporation rate and blush resistance. E-series Glycol Ethers are ethylene oxide based with stronger solvents and more water solubility. P-series Glycol Ethers are propylene oxide based with lower toxicity, lower surface tension and more hydrophobic. However, wide variety of applications of Glycol Ether in industries are boosts to the target market.
Glycol Ethers Market Dynamics
Rise in coating and paint industries and rate of urbanization
Rise in use of Glycol Ethers in coating and painting industries is one of the leading factors for the global glycol ethers market growth. P-series glycol ethers are used in architectural paints to extend the dry time and helps in preventing surface from drying as its evaporation rate is slower than water. Coating and Paint industries are growing due to their corrosion protective and finishing properties. Increase in rate of urbanization led to rise in residential sectors where painting and coating industries are in demand. Paints and coating manufacturing industries are playing a central role in market as they involve with enhancing finishing and protective covering for various products in market. According to data published by United Nations in 2014, about 54% of the world’s population resided in urban areas, and it is projected that this percentage will increase over the forecast period. However, the growth in paint and coating industries and population in urban areas boosts the demand for Glycol Ethers.
Rise in disposable income and cosmetic industries
Rise in disposable income due to increase in working women has led to rise in purchasing cosmetic products. Disposable income, changing lifestyle and growing awareness has developed rise in cosmetic industries. The use of cosmetic products are increasing due to change in lifestyle. Manufactures involved in cosmetics products are developing attractive and advanced products where more customers are attracted which gives rise in purchasing products. However, disposable income and rise in cosmetic industries is the major driving factor in glycol ether market growth. For instance, in 2021, India ranked fourth globally for generating the highest revenue in cosmetics and personal care market.
Restrains:
However, exposure to high levels of glycol ethers by humans will result in severe liver and kidney damage, anemia, nausea, narcosis which may somewhat restrain the growth of the target market.
Glycol Ethers Market Segmentation
Ethers market is segmented based on type, application, and region.
On the basis of type, the global glycol ethers market is segmented into Ethylene Oxide (E-series), Propylene Oxide (P-series), and others. On the basis of application, the target market is classified into Paints, Cosmetics, Liquid Soaps, Cleaning Compounds, Pharmaceutical, Coatings, and others.
Regional Insights:
On region the glycol ethers market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia-pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements. Moreover, rising presence of industrial corridor is anticipated to increase demand for glycol ethers in the region.
Ethers Market Report Scope:
|
Attribute |
Details |
|
Base year for estimation |
2020 |
|
Forecast period |
2020 – 2030 |
|
Market representation |
Revenue in USD Billion & CAGR from 2020 to 2030 |
|
Market Segmentation |
By Type - Ethylene Oxide (E-series), Propylene Oxide (P-series), and others By Application – Paints, Cosmetics, Liquid Soaps, Cleaning Compounds, Pharmaceutical, Coatings, and others. |
|
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
|
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the global glycol ethers market report based on type, application, and region:
Glycol Ethers Market, By Type:
- Ethylene Oxide (E-series)
- Propylene Oxide (P-series)
- Others
Glycol Ethers Market, By Application:
- Paints
- Cosmetics
- Liquid Soaps
- Cleaning Compounds
- Pharmaceutical Industries
- Coating Industries
- Others
Glycol Ethers Market, By Region:
-
-
- North America
-
- U.S.
- Canada
-
- Europe
-
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
-
- Asia Pacific
-
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
-
- Latin America
-
- Brazil
- Mexico
- Rest of Latin America
-
- Middle East & Africa
-
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
-
- North America
-
Glycol Ethers Market Key Players
The key players operating the glycol ethers market includes, The Dow Chemical Company, FBC Chemicals, BASF SE, India Glycols Ltd., KH Neochem Co., SABIC, Solvay SA, Royal Dutch Shell, Nippon Nyukazai Co. Ltd., Eastman Chemical Company, LyondellBasell, Huntsman Corporation, Sasol, Ineos Oxide, Hannong Chemicals, Sadara Chemical, Kemipex, Henan GP Chemical, Recochem, Oxiteno, etc. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market. For instance, in 2021, Hannong Chemicals has developed the HK-GLE26 which is a polyethylene glycol ether and can be used in shower products, shampoos, baby care and skin care products.
Glycol Ethers Market Company Profile
- Hannong Chemicals*
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Dow Chemical Company
- FBC Chemicals
- BASF SE
- India Glycols Ltd.
- KH Neochem Co.
- SABIC
- Solvay SA
- Royal Dutch Shell
- Nippon Nyukazai Co. Ltd.
- Eastman Chemical Company
- LyondellBasell
- Huntsman Corporation
- Sasol
- Ineos Oxide
- Sadara Chemical
- Kemipex
- Henan GP Chemical
- Recochem
- Oxiteno
“*” marked represents similar segmentation in other categories in the respective section
Glycol Ethers Market Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Thickness Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for medical carts Strategies
- Key Questions this Study will Answer
- Market Snippet, By Type
- Market Snippet, By Application
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Type
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Ethylene Oxide (E-series)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Propylene Oxide (P-series)
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, By Application, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Paints
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Cosmetics
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Liquid Soaps
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Cleaning Compounds
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Pharmaceutical
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
-
- Coatings
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Coatings
-
- Others
- Overview
- Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), 2020 – 2030
- Others
- Global Market, By Region, 2020 – 2030, (US$ Bn)
- Overview
- Market Value and Forecast (US$ Bn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- UK
- France
- Germany
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- India
- Japan
- South Korea
- China
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Bn), By Type, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Application, 2020 – 2030
- Market Size and Forecast (US$ Bn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- The Dow Chemical Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- FBC Chemicals
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- BASF SE
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- India Glycols Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- KH Neochem Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- SABIC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Solvay SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Royal Dutch Shell
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nippon Nyukazai Co. Ltd.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Eastman Chemical Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- LyondellBasell
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Huntsman Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sasol
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ineos Oxide
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Hannong Chemicals
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Sadara Chemical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Kemipex
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Henan GP Chemical
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Recochem
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Oxiteno
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
Glycol Ethers Market Highlights
FAQs
Glycol Ethers market is segmented based on type, application, and region.
Rise in use of Glycol Ethers in coating and painting industries is one of the leading factors for the global glycol ethers market growth.
The Asia-pacific market is estimated to witness a significantly high revenue share over the forecast period, owing to growing population, especially in countries such as India and China, and technological advancements.
The key players operating the glycol ethers market includes, The Dow Chemical Company, FBC Chemicals, BASF SE, India Glycols Ltd., KH Neochem Co., SABIC, Solvay SA, Royal Dutch Shell, Nippon Nyukazai Co. Ltd., Eastman Chemical Company, LyondellBasell, Huntsman Corporation, Sasol, Ineos Oxide, Hannong Chemicals, Sadara Chemical, Kemipex, Henan GP Chemical, Recochem, Oxiteno, etc.