Glycol Ethers Market Leading Player 2022-28
The global glycol ethers market size was valued at USD 6.6 billion in the year 2021 and is expected to grow at a CAGR of 5.6%, during the forecast period 2022 to 2028.Glycol ethers are a class of organic solvents composed of propylene glycol alkyl ethers or ethylene glycol. It has a high melting temperature and is made by reacting alcohols with propylene oxide or ethylene oxide. Glycol ethers are divided into two groups: P-series and E-series. This categorization is based on the oxide utilized in glycol ether synthesis. Sunscreens, Pharmaceuticals, Inks, Cosmetics, Dyes, and Water-based paints utilize E-series glycol ethers, whereas cleansers, degreasers, adhesives and aerosol paints, use P-series glycol ethers. Only a handful of these solvents are hazardous, and most are water soluble and biodegradable. Glycol ethers are unusual compounds that combine the properties of alcohols and non-bases.
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High demand for water-soluble active ingredients is likely
to drive market expansion in end-use sectors also including printing and
personal care. The increasing use of glycol ether as a coalesce agent in
water-based coatings has been a major driver of growth in the personal care and
printing industries. Because of the increased demand for specialized chemicals,
producers have been working on new products that can both serve as a solvent
and be miscible in water. Despite the fact that glycol ethers are made from
crude oil derivatives, their smaller carbon footprint has increased their
attractiveness in a variety of applications. Coatings, and cleaning
applications as well as Printing inks all employ propylene glycol ethers.
Furthermore, propylene glycol ethers reduce viscosity better than glycol ethers
with a higher molecular weight. Resin producers, coating formulators, and
coating applicators utilize them to make protective coatings for usage in
architectural, automotive, and other industries. Propylene glycol ether is
often used in electronics, particularly in the production of TFT-LCDs and
semiconductors. It is used in the degreasing of metals and the cleaning of
specialist equipment in the electronics production process. Moreover, rising
consumer awareness and shifting social attitudes about environmental
sustainability would boost glycol ether demand in the automobile industry.
These reasons are expected to contribute to the global glycol ether market's
expansion.
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1) By Product: E-Series and P-Series.
2) By Application: Solvent, Anti-Icing Agent, Hydraulic
& Brake Fluid and Chemical Intermediate.
3) By End User: Printing, Pharmaceuticals, Paints and
Coatings, Cosmetics & Personal Care and Adhesives.
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