Outlook on the World Glycol Ethers Market 2019-2023: Projecting a CAGR of Approx 5%, Led by BASF, DowDuPont, Eastman Chemical Co, LyondellBasell Industries, and Royal Dutch Shell

| Source: Research and Markets Research and Markets

Dublin, July 16, 2019 (GLOBE NEWSWIRE) -- The "Global Glycol Ethers Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

Increasing demand from the automotive industry

Automotive parts are coated with paints and coatings to protect them from moisture, abrasion, chemicals, and high temperature. Glycol ether-based solvents are used in paints and coatings to improve their blush resistance, evaporation rate, solvent release, solubility, and flow out and leveling properties. The demand for automotive paints and coatings will grow among consumers who invest in maintaining their vehicle's utmost appearance.

The high growth of the automotive industry especially in APAC will fuel the demand of automotive paints and coatings and consequently drive the growth of the glycol ethers market at a CAGR of almost 5% during the forecast period.

Rising demand for cosmetics products

Glycol ethers are increasingly being used as a low-cost replacement of fatty acid isopropyl esters and as a solvent for ingredients in cosmetics. The demand for cosmetic skin care products is increasing because of factors such as rapid urbanization, the growing popularity of social networks, growth of the upper middle class, and increasing online beauty spending.

With the rising demand for cosmetics products, the demand for glycol ethers is also expected to grow in the forthcoming years.

Market Dynamics

The report looks at factors such as the rising demand from the construction industry, growing demand from emerging economies, and increasing demand from the automotive industry. However, fluctuation in raw material cost, stringent regulations and policies, and safe handling and transportation of glycol ethers may hamper the growth of the glycol ethers industry over the forecast period.

Segment Analysis

This global glycol ethers market analysis considers the revenue generated from the sales of P-series and E-series glycol ethers. The analysis also considers the demand for glycol ethers in APAC, Europe, MEA, North America, and South America.

In 2018, the P-series segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as growing demand for P-series glycol ethers in coatings and chemical intermediates will play a significant role in the P-series segment to maintain its market position.

Competitive Landscape

With the presence of several players, the global glycol ethers market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several glycol ether companies, that include:

  • BASF SE
  • DowDuPont Inc.
  • Eastman Chemical Co.
  • LyondellBasell Industries Holdings B.V.
  • Royal Dutch Shell PLC

Also, the glycol ethers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

Key Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Comparison by type
  • P-series - Market size and forecast 2018-2023
  • E-series - Market size and forecast 2018-2023
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Increase in production of natural gas in North America
  • Growing demand for architectural coatings
  • Rising demand for cosmetics products

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • BASF SE
  • DowDuPont Inc.
  • Eastman Chemical Co.
  • LyondellBasell Industries Holdings B.V.
  • Royal Dutch Shell PLC

For more information about this report visit https://www.researchandmarkets.com/r/au1q81

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