E-Series Glycol Ether Market: Overview
Glycol ethers are solvents based on alkyl ethers of ethylene/propylene glycol. These solvents have high boiling points and solvent properties of low-molecular-weight ethers and alcohols. Glycol ethers were formerly known as ethyl cellosolves. The word ‘cellosolve’ was registered by Union Carbide Corp. for solvents used for gums, resins, and cellulose esters as a U.S. trademark in 1924. Then, the name was changed to glycol ethers. Glycol ethers is a family of more than 30 solvents. Glycol ethers can provide benefits such as improved wetting properties of water-based products, long-term stability and good shelf-life of products, allowance to work at low concentrations, and little or no odor.
Glycol ethers are of two types: E-series and P-series, depending on whether they are made from ethylene oxide or propylene oxide. Ethylene oxide is reacted with various alcohols such as methanol, n-butanol, and phenol to produce E-series glycol ethers. Ethylene oxide when reacted with n-butanol yields butyl cellosolve (ethylene glycol n-butyl ether). The word butyl designates alcohol from which glycol ether is produced as n-butanol. Butyl cellosolve contains an alcohol group. It can be reacted with additional ethylene oxide to yield di-ethylene glycol butyl ether.
E-Series Glycol Ether Market: Dynamics and Trends
E-series glycol ethers are used in medicines, sunscreens, cosmetics, inks, dyes, and water-based paints. P-series glycol ethers are used in de-greasers, aerosol paints, cleaners, and adhesives. Both E-series glycol ethers and P-series glycol ethers are used as intermediates to undergo further chemical reactions to produce glycol di-ethers and glycol ether acetates. Paints and coatings witness high demand globally.
The properties and composition of E-series glycol ether makes it an essential component of different types of coatings. Types of coatings include but are not limited to oil coatings, marine coatings, and wood coatings. A major property of E-series glycol ether is good solubility in water and most organic solvents and oils. Glycol ethers do not accumulate in the environment. They get broken down in the air and aquatic environment within hours through photolysis. All of them are inherently biodegradable and most of them are readily biodegradable. They get biodegraded within hours in a waste water treatment plant and within days in the environment. Glycol ethers used in consumer products or for professional applications are extensively tested. If used in accordance with the manufacturers’ instructions and if kept under the right conditions, they present no risk to health. The two of the E-series glycol ethers viz. methoxyethanol and ethoxyethanol are known to be toxic for reproduction in humans. For this reason, their use in the production of consumer products has been restricted globally.
E-Series Glycol Ether Market: Segmentation
The E-series glycol ether market can be segmented by type into: EGPE (ethylene glycol propyl ether), EGBE (ethylene glycol butyl ether), EGBEA (ethylene glycol butyl ether acetate), and others; by application into paints & coatings, printing inks, cleaners, cosmetics & pharmaceuticals, and others; and by region into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
E-Series Glycol Ether Market: Region-wise Outlook
The Asia Pacific E-series glycol ether market is expected to witness high growth during the forecast period, due to the increased rate of its adoption in paints and coatings. South Korea is an emerging market for E-series glycol ether in the region. Asia Pacific is closely followed by North America.
E-Series Glycol Ether Market: Key Players
Key players operating in the global E-series glycol ether market are Dow Chemical Company, Eastman Chemicals, Saudi Basic Industries Corporation (SABIC), Exxon Mobil Corporation, and Sasol Ltd.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
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7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
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