Glycol Ethers Market is estimated to be US$ 10.80 Billion by 2030 with a CAGR of 5.7% during the forecast period 2030
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Glycol 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 used widely since 1960s in every industrial, personal and household products. Glycol Ethers are used mostly as a solvents. Propylene oxide glycol ethers are used in cleaners, degreasers, adhesives and aerosol paints. Ethylene oxide glycol ethers are used in cosmetics, sunscreen, water based paints, pharmaceutical, dyes and ink. Polyglycerols are highly biocompatible and multi-hydroxy functional polymers. Polyglycerol acts as PEG substitute with its applications like utilization as a component in biodegradable biomaterials for diagnostics and also has applications in bioconjugation.?Glycol Ethers are widely used in coatings and paint industries which helps in protection of product from corrosion and helps in finishing of products. Popular cleaning products like Simple Green All Purpose Cleaner, Windex, Formula 409, Aerosol, Lemon Fresh Pine-Sol contains glycol ethers. Propylene glycol are used as a solvent in making inks, nail polish, nail polish removers, paint, household cleaning agents and cleansers. As a result, the increased use of glycol ethers in variety of industries has given boosts to the growth of the market.
The report?“?Global Glycol Ethers Market, By Type (Ethylene Oxide (E-series), Propylene Oxide (P-series), and Others), By Application (Paints, Cosmetics, Liquid Soaps, Cleaning Compounds, Pharmaceutical, Coatings, and Others), and?By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030 ”
Key Highlights:
Analyst View:
Glycol Ethers demand is growing around the world, owing to wide variety of applications in paint, coatings, cosmetic products. Increase demand from customers in various home, personal care and automotive industries will help to increase in growth of Glycol Ethers market.
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Key Market Insights from the report:
Global Glycol 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%.The Global?Extremity Tissue Expanders?Market?is segmented based on Type, Application and Region.
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Competitive Landscape & their strategies of?Global?Glycol Ethers?Market:
The prominent players operating in the?Global?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.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
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