The global Diethylene Glycol Monobutyl Ether Acetate Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Diethylene Glycol Monobutyl Ether Acetate market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Data Bridge Market Research analyses that the Diethylene glycol monobutyl ether acetate market was valued at USD in 126.95 million 2021 and is expected to reach USD 171.08 million by 2029, registering a CAGR of 3.80% during the forecast period of 2022 to 2029.
Top Companies in the Global Diethylene Glycol Monobutyl Ether Acetate Market:
Eastman Chemical Company (U.S.), Dow (U.S.), Solventis (U.S.), Huntsman International LLC (U.S.), LyondellBasell Industries N.V. (Netherland), Jiangsu Dynamic Chemical Co., Ltd (China), Tedia (U.S.), SHINKO ORGANIC CHEMICAL INDUSTRY LTD (Japan)., Shell Chemicals (U.S.), BASF SE (Germany), SABIC (Saudi Arabia), SASOL (South Africa), KH Neochem Co., Ltd. (Japan), YIDA CHEMICAL (China), Parchem fine & specialty chemicals (U.S.), Merck KGaA (Germany), SANKYO CHEMICAL CO.,LTD. (Japan), among others.
Grab Sample Copy of Report:
Market Segmentation:
The diethylene glycol monobutyl ether acetate market is segmented on the basis of type, end-use and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- ≥99.0%
- ≥98.0%
- Others
End-Use
- Paints and Coatings
- Electric Industry
- Medical and Pesticide
- Chemical Industry
- Others
Application
- Detergents and Cleaners
- Inks
- Chemical Intermediate
- Surface Coatings
- Others
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
North America dominates the diethylene glycol monobutyl ether acetate market in terms of revenue and market share. The U.S. dominates the North America diethylene glycol monobutyl ether acetate market due to the growing applications of the product in residential and commercial floor cleaning, paints and coatings industry and industrial machinery. The prevalence of several market players is likely to propel the growth of the market in this region.
Asia-Pacific is anticipated to be the fastest developing region during the forecast period of 2022-2029. China will anticipate to hold the maximum growth rate in Asia-Pacific diethylene glycol monobutyl ether acetate market due to the growing preferences towards high-performance printing inks. Also, the growth of the packaging sector is likely to boost the market growth rate in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Browse The Report Description:
Market Dynamics
Drivers
- High usage of diethylene glycol monobutyl ether for formulation of paints
Diethylene glycol monobutyl ether acetate is widely used as an auxiliary coalescing agent in the emulsion paints. Also, diethylene glycol monobutyl ether acetate is used as latex coalescent in the manufacturing of low VOC paints. Besides, it finds application as a solvent in the silk screen printing ink due to its slow speed of volatilization and low solubility. Paints and coatings are progressively gaining traction in developed countries due to the high rate of renovation activities, which boost the demand of the diethylene glycol monobutyl ether and drive the market's growth rate.
- Rising demand of diethylene glycol monobutyl ether acetate in printing ink industry
Diethylene glycol monobutyl ether acetate is used as solvent in the specialty printing ink industry because of its excellent performance. It is also used for ink formulation to manufacture ball-point pens. Printing inks are highly used in consumer goods and packaging. The constant growing demand for printing on various packaging materials due to growing treand for e-commerce platforms is expected to positively impact the growth of the diethylene glycol monobutyl ether acetate dueing forecast period.
Opportunities
- Growing demand of diethylene glycol monobutyl ether acetate for cleaning fluids formulation
Diethylene glycol monobutyl ether acetate is widely used as an effective solvent in the formulation of cleaning fluids. This compound is mainly used in the manufacturing of household detergents. Diethylene glycol monobutyl ether acetate is used as cleaning agents across several industries, mainly in electronics. However, major companies such as Solventis and BASF have formulated high-performance cleaners using diethylene glycol monobutyl ether acetate, which are largely preferred for household and industrial cleaning applications. Thus, the growing demand for diethylene glycol monobutyl ether acetate for cleaning application is expeted to generate lucrative opportunities for market growth.
Browse Other Trending Reports:
Global Textured Wheat Protein Market – Industry Trends and Forecast to 2029
https://www.databridgemarketresearch.com/reports/global-textured-wheat-protein-market
Global Birch Water Market - Industry Trends and Forecast to 2029
https://www.databridgemarketresearch.com/reports/global-birch-water-market
Global Urodynamic Equipment Market – Industry Trends and Forecast to 2029
https://www.databridgemarketresearch.com/reports/global-urodynamic-equipment-market
About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market.
Contact Us:
Data Bridge Market Research
Tel: +1-888-389.80-2818 | +44 208 089 1725 | +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek