Diethylene Glycol Monobutyl Ether Acetate: Introduction

  • Diethylene glycol monobutyl ether acetate (2-(2-Butoxyethoxy) ethanol) is an absorbent consisting of high boiling point. It helps improve the co2 solubility, as it is rich in carbonyl and ether groups. Diethylene glycol monobutyl ether acetate is produced by the reaction of ethylene oxide and n-butanol with an alkalic catalyst.
  • Diethylene glycol monobutyl ether acetate is a high boiling glycol ether acetate that is used as a solvent in oil, resins, and printing ink industries owing to its high stability. It is also used as selective solvent in separation of alcohols and ketones by distillation. Rise in demand for printing inks is anticipated to positively impact the diethylene glycol monobutyl ether acetate market in the near future.

Key Drivers and Restraints of Global Diethylene Glycol Monobutyl Ether Acetate Market

  • The diethylene glycol monobutyl ether acetate market has been developing significantly of late. This can be primarily ascribed to the high performance and increasing recognition of diethylene glycol monobutyl ether acetate as a solvent across the globe. Diethylene glycol monobutyl ether acetate plays an important role in addressing several issues associated with co2 solubility and stability under fire conditions. Rise in usage of diethylene glycol monobutyl ether acetate in commercial printing inks and as process solvent is expected to propel the diethylene glycol monobutyl ether acetate market during the forecast period.
  • Growth in demand for industrial coatings is anticipated to create significant opportunities for the diethylene glycol monobutyl ether acetate market. Rise in industrialization across the globe is a key factor that is driving the industrial coatings market. This, in turn, is estimated to boost the global demand for diethylene glycol monobutyl ether acetate during the forecast period.

Diethylene Glycol Monobutyl Ether Acetate: Application Segment

  • In terms of application, the global diethylene glycol monobutyl ether acetate market can be segmented into detergents & cleaners, inks, chemical intermediates, surface coatings, and others
  • The inks segment is expected to account for significant share of the global diethylene glycol monobutyl ether acetate market during the forecast period. It is anticipated to be followed by the surface coatings segment.
  • The detergents & cleaners segment is likely to expand at a rapid pace during the forecast period, due to the expansion of the household care industry around the globe

Diethylene Glycol Monobutyl Ether Acetate: End-use Segment

  • In terms of end-use, the global diethylene glycol monobutyl ether acetate market can be divided into paints, medical, chemical, electronics, and others
  • The paints segment is estimated to expand at a rapid pace during the forecast period. It is projected to be followed by the chemical segment.

Covid-19 Impact on Diethylene Glycol Monobutyl Ether Acetate Market

  • On January 30, 2020, the International Health Regulations Emergency Committee of the World Health Organization (WHO) declared the Coronavirus disease (COVID-19) outbreak a public health emergency of international concern. Originating in China, the virus has spread to at least 213 countries and territories around the world.
  • Several governments and private sector businesses are operating at a limited capacity or have ceased operations completely due to recent events surrounding the COVID-19 pandemic
  • Manufacture of various consumer goods and other products across the globe has come to a halt due to the unavailability of raw materials, shortage of labor, etc. This is projected to hamper the diethylene glycol monobutyl ether acetate market.

North America to Dominate Diethylene Glycol Monobutyl Ether Acetate Market

  • In terms of region, the global diethylene glycol monobutyl ether acetate market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
  • North America dominated the global diethylene glycol monobutyl ether acetate market in 2020. This trend is anticipated to continue during the forecast period owing to the high consumption of diethylene glycol monobutyl ether acetate, especially in the U.S. The diethylene glycol monobutyl ether acetate market in Europe is anticipated to expand at a rapid pace owing to the increase in demand for industrial chemicals in Germany and France.

Key Manufacturers Operating in Global Diethylene Glycol Monobutyl Ether Acetate Market

The global diethylene glycol monobutyl ether acetate market was consolidated in 2020. Major players have prominent presence in developed and developing countries. Key manufacturers operating in the global diethylene glycol monobutyl ether acetate market include:

  • BASF SE
  • Dow
  • Tokyo Chemical Industry Co., Ltd.
  • Solventis
  • Huntsman International LLC.
  • LyondellBasell Industries Holdings B.V.
  • Jiangsu Dynamic Chemical Co., Ltd.
  • Tedia Solvents
  • SHINKO ORGANIC CHEMICAL INDUSTRY LTD.
  • Shell Chemicals
  • Eastman Chemical Company

Global Diethylene Glycol Monobutyl Ether Acetate Market: Research Scope

Global Diethylene Glycol Monobutyl Ether Acetate Market, by Application

  • Detergents & Cleaners
  • Inks
  • Chemical Intermediates
  • Surface Coatings
  • Others

Global Diethylene Glycol Monobutyl Ether Acetate Market, by End-use

  • Paints
  • Medical
  • Chemical
  • Electronics
  • Others

Global Diethylene Glycol Monobutyl Ether Acetate Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

This intelligence report by TMR is the outcome of intense study and rigorous assessment of various dynamics shaping the growth of the market. TMR nurtures a close-knit team of analysts, strategists, and industry experts who offer clients tools, methodologies, and frameworks to make smarter decisions. Our objective, insights, and actionable analytics provide CXOs and executives to advance their mission-critical priorities with confidence.

The scrutiny of the various forces impacting the dynamics of the market, and key and associated industries, guides enterprises in understanding various consumer propositions. Our clients leverage these insights and perspectives to enhance customer experience in the fast-paced business environment.

All our insights and perspectives are broadly based on 4 Pillars or Stages: ASBC-S, which offer an elaborate and customizable framework for the success of an organization. The essence and the roles of these in organizational successes are highlighted below:

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The study presents scrutiny of region-specific consumer and technology trends, including the most recent industry dynamics. These broadly cover but not limited to

  • North America, South America, and the Americas
  • Asia Pacific and Japan
  • Europe
  • Latin America
  • Middle East and Africa

The study offers data-driven insights and guidance of several aspects. Some of the more notable questions are:

  • What are the major recent trends that can influence the product life cycle and the RoI?
  • Which regulatory trends shape corporate-level, business-level, and functional-level strategies?
  • Which micromarketing initiatives of leading players will bring in investments?
  • What can be the best framework and tools for PESTLE analysis?
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  • What is the current and expected intensity of competition the market in the near future?

Disclaimer: This market research study is an ongoing effort and extreme care has been taken to maintain the highest levels of accuracy at all stages. However, in the light of the rapidly evolving business dynamics, some region-specific or other segment-specific changes may take time to be part of the study.

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Diethylene Glycol Monobutyl Ether Acetate Market