Glycol Ethers Market Size, Share, Sales, Analysis, Forecast, Industry Competition & Player Profiles 2022 - 2032

Glycol ethers are a group of solvents that are based on alkyl ethers of ethylene glycol or propylene glycol, which are commonly used in paints and cleaners. A high demand for water-soluble ingredients across the end-use industries, such as printing and personal care industries, is expected to boost the growth of the market. The growing demand for water-based coatings that consist of glycol ether as a coalescing agent, has been the primary reason for the growth of the glycol ethers market across the printing and personal care sectors. The waterborne coating market has witnessed considerable growth in the past few years due to the regulatory policies favouring the use of environmental-friendly coatings in the sectors of architecture and other industries.

The glycol ethers product family also has low volatility and strong solvent properties which diversifies its applications in industries such as cosmetics, pharmaceuticals, electronics, personal care and many others. It is primarily used in products that find usage in treating metallic and non-metallic surfaces, laboratory products, and in water treatment processes. Glycol ethers and acetates also find usage in places where it is necessary to improve the flow and leveling characteristics of paints and to lengthen the wet edge, which provide for smoother lapping whilst eliminating brush marks.

The recent uptick in construction starts across the world and positive infrastructure investment scenario has uplifted the demand for glycol ethers in paints. With a promising outlook on automotive production and construction starts, demand for architectural and industrial coatings is projected to rise, further giving impetus for the glycol ethers market over the forecast period. When it comes to the printing industry, multiple substances such as hydrocarbons, alcohols, acetates, and ketones are used as the major solvent. Glycol ether is highly favoured as a tailing solvent that controls the rates of evaporation. For cosmetic purposes, glycol ether is an effective mutual solvent which can also be used as a low-cost alternative to fatty acid isopropyl esters. The compound currently finds use in some personal care products as a preservative and may be used at levels up to an overall concentration of 1.0% by volume.

Driving factors of the Glycol Ethers Market:

Propylene Glycol Ether Acetates (PGEAs) are industrial solvents used in the manufacturing of various different products such as paints, coatings, inks, and cleaners. These products have found extensive adoption as solvents for the development of new products, and reformulations in various end-uses. It can also be used as a solvent for getting rid of solder flux and removing grease and the cleaning of circuit boards. The major factors driving the growth of the market are the surge in the usage of Glycol Ether in cosmetics and personal care products, and the surging demand in the paints and coatings industry. It’s rising in pharmaceutical, cleaners, and paints and coatings sectors due to its favourable properties which include those such as its high water solubility, low volatility, and strong solvent strength, are the factors that are proving to be quite lucrative to the global Glycol Ether market.

The Glycol Ethers Market Segments information:

Although the region segment of North America is expected to remain the largest market, the toxicological studies reflecting on human health hazard caused by lower molecular weight glycol ethers will play a crucial role in the future developments. The usage of the product is now limited in consumer goods owing to the strict regulations established by the associations such as the European Union (EU) and the U.S. Food and Drug Administration (FDA), in the regions of Europe and North America, respectively. The region of Asia-Pacific is expected to dominate the Glycol Ether market across the globe due to the significant growth in demand and thereby, production in industries, such as paints & coatings, adhesives, and cosmetic & personal care.

The paints and coatings industry dominated the End use segment of the glycol ether market. And it is expected to grow during the forecast period, with an anticipated robust demand for paints and coatings from various industries, such as construction, packaging, etc.

Key Players in the Glycol Ethers Market:

• BASF
• The Dow Chemical Company
• Eastman Chemical Company
• SABIC
• Exxon Mobil Corporation
• Sasol
• Huntsman Corporation
• Shell
• Lyondell Basell Industries
• Hannong Chemicals Inc
• Matrix Chemicals
• Biesterfeld AG

The Glycol Ethers Market is segmented as follows:  

By Product

• E-Series
  • By Product
    • Ethylene Glycol Propyl Ether (EGPE)
      • By Application
        • Paints & Coatings
        • Printing Inks
        • Pharmaceuticals
        • Cosmetics
        • Electronics
        • Others
    • Ethylene Glycol Butyl Ether (EGBE)
      
      • By Application
        • Paints & Coatings
        • Printing Inks
        • Chemical Intermediates
        • Others
    • Ethylene Glycol Butyl Ether Acetate (EGBEA)
      • By Application
        • Coatings
        • Chemical Intermediates
        • Cosmetics & Personal Care
        • Electronics
        • Others
    • Other E-series
      • By Application
        • Paints & Coatings
        • Printing Inks
        • Pharmaceuticals
        • Cosmetics
        • Electronics
        • Others
• P-Series
  • By Product
    • Tripropylene Glycol Methyl Ether (TPM)
      
      • By Application
        • Coatings
        • Cleaners
        • Electronics
        • Printing Inks
        • Others
    • Propylene Glycol Methyl Ether (PM)
      
      • By Application
        • Coatings
        • Chemical Intermediates
        • Cosmetics & Personal Care
        • Electronics
        • Others
    • Dipropylene Glycol Methyl Ether (DPM)
      
      • By Application
        • Coatings
        • Cleaners
        • Electronics
        • Adhesives
        • Others
    • Other P-series
      
      • By Application
        • Coatings
        • Cleaners
        • Others

By Region

• North America 
  • United States
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • Rest of APAC
• South America
  • Brazil
  • Rest of South America
• Middle East & Africa
  • UAE
  • South Africa
  • Saudi Arabia
  • Rest of MEA