Butyl Glycol Ethers Market Scope
Glycol ether are based on the alkyl ethers of ethylene glycol or propylene glycol which are used in paint and cleaners. In addition to this is has also applications in printing inks and textile dyes. The butyl glycol is an oily liquid which is colourless, clear and has mild odour. Furthermore, the glycol ether are classified into e series and p series glycol ether. They are prepared from ethylene oxide and propylene oxide respectively. These series of glycol acts as an intermediate which undergoes for chemical reactions. These factors are increasing the demand for butyl glycol ether.
The Butyl Glycol Ethers market study is segmented, by Application (Solvent, Anti-Icing Agent, Hydraulic and Brake Fluid and Chemical Intermediate) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Butyl Glycol Ethers market throughout the predicted period.
Dow (United States), BASF (Germany), Eastman (United States), Sasol (South Africa), KH Neochem (Japan), LyondellBasell (Netherlands), India Glycols (India), Recochem Inc. (Canada) and Jiangsu Ruijia Chemical (China) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Butyl Glycol Ethers market by Type, Application and Region.
On the basis of geography, the market of Butyl Glycol Ethers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In 2018, BASF has acquired business and assets of Bayer. The acquisition will help the company to add assets to agricultural solutions portfolio. It also ensures the attractive offerings to the customers.
Market Trend
- Increasing Technological Advancements is leading to Increasing Applications
Market Drivers
- Rising Usage in Paints and Coatings is Fueling the Market Growth
- Growing Applications of Butyl Glycol Ethers
Opportunities
- Rising Residential and Commercial Constructions around the Globe
- Increasing Disposable Income
Challenges
- High Toxicity of Butyl Glycol Ethers
- Growing Concerns of Tanning and Hyperpigmentation
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations