The latest report published by Reports and Data is a work of meticulous research on the global Glycol Ethers industry. It delves into the core structure of the industry to highlight its key segments and various micro-economic and macro-economic factors that influence industry growth. The report elucidates the key market dynamics such as market size, market share, market growth drivers, restraints, threats, and opportunities using advanced analytical methods including SWOT analysis and Porter’s Five Forces analysis. It further offers market revenue growth in terms of gross profits, regional market revenues, industry revenue growth rate, sales statistics, manufacturing costs, production & consumption, supply & demand, and key market players’ financial standing.
The Glycol Ethers market report offers latest updates on the COVID-19 situation of the market, as well as the profound changes that followed the outbreak. In the COVID-19 Impact Analysis section of the report, major focus has been laid on the severe effects of the pandemic on the industry’s functioning. Moreover, market experts at Reports and Data offer research-backed insights into the Glycol Ethers industry and identify the key barriers to industry growth. The aim of this report is to enable businesses to optimize their growth strategies and capitalize on the emerging opportunities.
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Further key findings from the report suggest
- The Glycol Ethers market held a market share of USD 91 Billion in the year 2018 that is forecasted to grow at a rate of 5.1% during the forecast period.
- In context to Product Type, the P-series segment generated a higher revenue of USD 3.88 Billion in 2018, with a CAGR of 5.4% during the forecast period. The elevated application of P-series GE in various products ranging from cleaners, degreasers, adhesives, and aerosol paints because of its low toxicity as compared to E-series products contributes to the revenue generated by this segment.
- In context to End-user, the Paints and Coatings segment is leading the market that generated the highest revenue of USD 2.21 Billion in 2018 with a growth rate of 5.3% during the forecast period. The revenue generated by the segment is attributed to the applicability of this compound as a solvent for paints and coatings that results in its extensive use in paints and coatings. The rising demand for paints and coatings from construction and automotive sector also contributes to the market share occupied by this segment.
- In context to Application, the Solvent segment generated the highest revenue of USD 2.80 Billion in 2018, with a CAGR of 5.4% during the forecast period. The applicability of the compound as a solvent in various products like dyes, grime, and grease in industrial cleaning and specialty formulations, solvents for insecticides due to its excellent solvency, contributes to the revenue generated by this segment.
- In regards to the region, North America held 0% of the market in 2018, with a growth rate of 5.2% during the forecast period. Factors like the presence of well-established, mature automotive, growth of the electronics sector is supporting the expansion of the market in this region.
- Key participants include The DowDuPont Chemical Company, BASF SE, SABIC, LyondellBasell Industries, N.V., Royal Dutch Shell PLC (Shell), Eastman Chemical Company, Sasol, Nippon Nyukazai Co. Ltd., India Glycols Limited and FBC Chemical.
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For the purpose of this report, Reports and Data have segmented the global Glycol Ethers market according to Product Type, End-user, Application, and Region:
Product Type Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- P-series
- E-series
End-user Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Paints and Coatings
- Pharmaceuticals
- Printing
- Cosmetics and Personal Care
- Electronics
- Others
Application Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- Solvent
- Hydraulic and Brake Fluid
- Anti-Icing Agent
- Chemical Intermediate
Regional Outlook (Volume, Kilo Tons; Revenue, USD Billion; 2016-2026)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
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Reasons to purchase this report:
- The industry analysis report offers actionable insights into the global Glycol Ethers industry and discusses the major growth propellers, limitations, opportunities, and challenges existing in the market.
- The report closely investigates the present and historical market scenarios to help readers predict the market situation over the next seven years.
- The report systematically profiles the leading companies operating in the Glycol Ethers market, and, at the same time, highlights their long-term business expansion strategies.
- In-depth scrutiny of the Glycol Ethers business landscape with accurate market projections for the forecast period.
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