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Glycol ethers are a group of organic solvents based on ethers on ethylene glycol or propylene glycol. These solvents have high boiling points and are usually used in paints and cleaners. Glycol ethers are called E-series or P-series, depending on whether they are made from ethylene oxide or propylene oxide. Mostly E-series glycol ethers are used in sunscreens, inks, pharmaceuticals, and cosmetics. On the other hand, P-series are found in cleaners, degreasers, aerosol paints, and adhesives. Most of the glycol ethers are water-soluble, biodegradable, and few of them are considered to be toxic. Glycol ethers are extensively used as solvents due to their tendency to be soluble in both organic liquids and water.
Key Market Driver -
Increasing use of glycol ethers in paints & coatings
Key Market Restraint -
Regulations on the use of glycol ethers
The key market driver for the global glycol ethers market is the increasing use of glycol ethers in paints & coatings. Paints & coatings are in high demand from several industries for protective applications, which is expected to drive the glycol ethers market.
Key market restraint for the global glycol ethers market is the regulations on the use of glycol ether. Long exposure of excessive amounts of glycol ethers has known to cause reduced fertility and congenital disabilities in humans and animals.
Based on type, the market is segmented into E-series glycol ethers and P-series glycol ethers. Based on application, the market is segmented into paints & coatings, cleaners, pharmaceutical, cosmetics & personal care, inks & dyes, adhesives, and others.
From a geographical standpoint, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Some of the notable companies in global glycol ethers market are BASF SE, The Dow Chemical Company, Royal Dutch Shell, LyondellBasell Industries, Ineos Oxide, India Glycols Ltd., SABIC, Nippon Nyukazai Co., Ltd., Sasol, FBC Chemicals, KH Neochem Co. Ltd., and other key players.
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The global glycol ethers market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific occupies the major share of the glycol ethers market due to growing industrial and construction activities in developing nations such as India, the Philippines, Indonesia, and Vietnam. Besides, the high demand for personal care products is also growing the market in this region. In North America, regulations on fuel emissions have raised the demand for glycol ethers, for low emission oxygenated diesel fuel. In Europe, the growing cosmetics industry, and awareness regarding personal care has led to the rise in demand for glycol ethers in this region. In Latin America, growth in the glycol ethers market will be primarily due to expanding pharmaceutical industries. The Middle East & Africa will witness growth in glycol ethers market because of the growing need for paints & coatings, and adhesives from expanding industries in this region.
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