DUBLIN--(BUSINESS WIRE)--The "Global
Glycol Ethers Market - Segmented by Type, Application, End-User Industry
and Geography - Growth, Trends, and Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
The market for glycol ethers is expected to register a significant growth during the forecast period, 2018 to 2023.
Glycol ethers, such as PEG-25 propylene glycol stearate, PEG-75 propylene glycol stearate, PEG-120 propylene glycol stearate, and PEG-55 propylene glycol oleate help various ingredients dissolve in a solvent, and hence are used in various cosmetic formulations. According to a report by L'Oreal, the global cosmetics industry was estimated to be around EUR 205 billion in 2016, growing at a rate of more than 4% through the years.
Paints & coatings industry is one of the major end-users of glycol ether. These are widely used in the formulation of architectural and automotive coatings. With growing consumer spending and rising population, the global automotive production has been increasing constantly. According to ACEA, the global production of motor vehicles was somewhere around 96 million units in 2016.
Asia-Pacific represents the largest regional market of the global glycol ethers market with almost 40% of the market share. The accelerating demand for eco-friendly coatings and the increasing demand from the automotive sector are the major drivers for the Asia-Pacific glycol ethers market.
- BASF SE
- Eastman Chemical Company
- FBC Chemical
- India Glycols Limited
- KH Neochem Co. Ltd
- LyondellBasell Industries Holdings B.V.
- Nippon Nyukazai Co. Ltd.
- Recochem Inc.
Royal Dutch Shell plc
- Sasol Limited
Key Topics Covered:
2. Executive Summary
3. Market Insights
4. Market Dynamics
5. Market Segmentation and Analysis
6. Regional Market Analysis
7. Competitive Landscape
8. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/qqdb5l/global_glycol?w=4