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Global Glycol Ether Market to reach USD 10.28 billion by 2028

Global Glycol Ether Market Size study, by Type (E-Series, P-Series), by Application (Solvent, Anti-icing, Hydraulic and Brake Fluid, Chemical Intermediates), by End-Use (Paints & Coatings, Printing, Pharmaceuticals, Cosmetics and Personal Care, Others) and Regional Forecasts 2022-2028

Product Code: EPRE-11934085
Publish Date: 30-04-2022
Page: 200

Global Glycol Ether Market is valued at approximately USD 6.88 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.90 % over the forecast period 2022-2028. Glycol Ethers are a class of solvents that are composed of ethylene glycol or propylene glycol alkyl ethers that are extensively used in paints and cleansers. These solvents often have a greater boiling point, as well as the beneficial solvent characteristics of ethers and alcohols with smaller molecular weights. Rising application of Glycol Ethers in paints & coatings, expanding pharmaceutical, cosmetic, and skincare industries and rising demand from construction industry has driven the adoption of Glycol Ether across the projected period. For Instance: As per the reports of the World Bank, construction industry spending has increased by 4.2 percent in 2020 compared to 2019, which will eventually result in a rise in demand for Glycol Ether. Also, rising investment for the expansion of the Market is most likely to boost the overall growth of the Glycol Ether Market. However, health risks associated with Glycol Ether and high cost price of the raw materials can obstruct the Market’s expansion over the projection period of 2022-2028.
The key regions considered for the Global Glycol Ether Market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Rising construction and renovation project is driving the Market growth in North America. Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. The Market is expected to grow during the projected period, due to the presence of highly populated countries and rising investments in construction projects.
Major Market players included in this report are:
BASF SE
Dow Chemical Company
Eastman Chemical Company
FBC Chemical Corporation
Hannong chemicals Inc.
Henan GP Chemicals
Huntsman Corporation
INEOS
India Glycols Ltd.
Jiangsu Yida Chemicals

The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:

By Type:
E-Series
P-Series
By Application:
Solvent
Anti-icing
Hydraulic and Brake Fluid
Chemical Intermediates
By End-Use:
Paints & Coatings
Printing
Pharmaceuticals
Cosmetics and Personal Care
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Glycol Ether Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Glycol Ethers Market, by Region, 2020-2028 (USD Billion)
1.2.2. Glycol Ethers Market, by Type, 2020-2028 (USD Billion)
1.2.3. Glycol Ethers Market, by Application, 2020-2028 (USD Billion)
1.2.4. Glycol Ethers Market, by End-Use, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Glycol Ethers Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Glycol Ethers Market Dynamics
3.1. Glycol Ethers Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising application of Glycol Ethers in paints and coatings
3.1.1.2. Expanding pharmaceutical, cosmetic, and skincare industries
3.1.1.3. Rising demand from construction industry
3.1.2. Market Challenges
3.1.2.1. Health risks associated with Glycol Ether
3.1.2.2. High cost price of the raw materials
3.1.3. Market Opportunities
3.1.3.1. Rising investment for the expansion of Market

Chapter 4. Global Glycol Ethers Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2019-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Glycol Ethers Market, by Type
6.1. Market Snapshot
6.2. Global Glycol Ethers Market by Type, Performance – Potential Analysis
6.3. Global Glycol Ethers Market Estimates & Forecasts by Type, 2019-2028 (USD Billion)
6.4. Glycol Ethers Market, Sub Segment Analysis
6.4.1. E-Series
6.4.2. P-Series

Chapter 7. Global Glycol Ethers Market, by Application
7.1. Market Snapshot
7.2. Global Glycol Ethers Market by Application, Performance – Potential Analysis
7.3. Global Glycol Ethers Market Estimates & Forecasts by Application, 2019-2028 (USD Billion)
7.4. Glycol Ethers Market, Sub Segment Analysis
7.4.1. Solvent
7.4.2. Anti-icing
7.4.3. Hydraulic and Brake Fluid
7.4.4. Chemical Intermediates

Chapter 8. Global Glycol Ethers Market, by End-Use
8.1. Market Snapshot
8.2. Global Glycol Ethers Market by End-Use, Performance – Potential Analysis
8.3. Global Glycol Ethers Market Estimates & Forecasts by End-Use, 2019-2028 (USD Billion)
8.4. Glycol Ethers Market, Sub Segment Analysis
8.4.1. Paints and Coatings
8.4.2. Printing
8.4.3. Pharmaceuticals
8.4.4. Cosmetics and Personal Care
8.4.5. Others

Chapter 9. Global Glycol Ethers Market, Regional Analysis

9.1. Glycol Ethers Market, Regional Market Snapshot
9.2. North America Glycol Ethers Market
9.2.1. U.S. Glycol Ethers Market
9.2.1.1. Type breakdown estimates & forecasts, 2019-2028
9.2.1.2. Application breakdown estimates & forecasts, 2019-2028
9.2.1.3. End-Use breakdown estimates & forecasts, 2019-2028
9.2.2. Canada Glycol Ethers Market
9.3. Europe Glycol Ethers Market Snapshot
9.3.1. U.K. Glycol Ethers Market
9.3.2. Germany Glycol Ethers Market
9.3.3. France Glycol Ethers Market
9.3.4. Spain Glycol Ethers Market
9.3.5. Italy Glycol Ethers Market
9.3.6. Rest of Europe Glycol Ethers Market
9.4. Asia-Pacific Glycol Ethers Market Snapshot
9.4.1. China Glycol Ethers Market
9.4.2. India Glycol Ethers Market
9.4.3. Japan Glycol Ethers Market
9.4.4. Australia Glycol Ethers Market
9.4.5. South Korea Glycol Ethers Market
9.4.6. Rest of Asia Pacific Glycol Ethers Market
9.5. Latin America Glycol Ethers Market Snapshot
9.5.1. Brazil Glycol Ethers Market
9.5.2. Mexico Glycol Ethers Market
9.6. Rest of The World Glycol Ethers Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1 BASF SE
10.2.1.1 Key Information
10.2.1.2 Overview
10.2.1.3 Financial (Subject to Data Availability)
10.2.1.4 Container End-Use Summary
10.2.1.5 Recent Developments

10.2.2 Dow Chemical Company
10.2.3 Eastman Chemical Company
10.2.4 FBC Chemical Corporation
10.2.5 Hannong chemicals Inc.
10.2.6 Henan GP Chemicals
10.2.7 Huntsman Corporation
10.2.8 INEOS
10.2.9 India Glycols Ltd.
10.2.10 Jiangsu Yida Chemicals
Chapter 11. Research Process

11.1 Research Process
11.1.1 Data Mining
11.1.2 Analysis
11.1.3 Market Estimation
11.1.4 Validation
11.1.5 Publishing
11.2 Research Attributes
11.3 Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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