Market Overview:
The global ethylene glycol monomethyl ether market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for solvents, coatings, dyes, and other applications from various end-use industries. In terms of volume, the global ethylene glycol monomethyl ether market is projected to reach 2,811 kilotons by 2030. Based on type, the global ethylene glycol monomethyl ether market can be segmented into purity more than or equal to 99% and purity less than 99%. The purity more than or equal to 99% segment is expected to account for a larger share of the overall market in terms of volume during the forecast period. This can be attributed to its growing demand from various end-use industries as compared with that of other types of ethylene glycol monomethyl ethers. In terms of application, the global ethylene glycol monomethyl ether market can be divided into solvent applications and coating applications among others. The solvent application segment is estimated account for a larger share in terms revenue generated by this product during 2018-2030 owing higher adoption rates across developed countries such as UDS and Japan .
Product Definition:
Ethylene glycol monomethyl ether (EGME) is a colorless, flammable liquid with a mild ether-like odor. It is used as an industrial solvent and as a component of brake and hydraulic fluids.
Purity More than or euqal to 99%:
Purity more than or equal to 99%, it's usage.
I am new to this industry, so I would like to know from those who are experienced in this field, what is purity more than or euqal to 99%, it's usage.
Purity < 99%:
Purity < 99% is a type of ethylene glycol monomethyl ether. It is also known as 1-ethyl-1-methylpyrrolidinium or 1-MMP for short. Purity < 99% has the same molecular formula as regular ethylene glycol monomethyl ether, but its ionic strength and molecular weight are very low compared to that of regular ethylene glycol monomethyl ether.
Application Insights:
Ethylene glycol monomethyl ether is used as a solvent in the manufacturing of paints and coatings. The segment accounted for a market share of over 35% in terms of revenue in 2017. Paints and coatings are used across all end-use industries including automotive, construction, industrial, decorative painting & coating applications. Increasing demand from various application industries such as food & beverage, pharmaceuticals is expected to drive growth during the forecast period.
The product has high purity level which makes it suitable for use as an etchant or cleaner in various processes such as cleaning electronic components where there is no risk of contamination by residual solvents or other materials that may be present during production process. It also finds application across several other end-use industries including metalworking fluids and glass where it acts as an effective solvent owing to its low toxicity levels compared to others on the market today.
Regional Analysis:
Asia Pacific was the leading regional market in 2017 and is expected to witness significant growth over the forecast period. The region accounts for a major share of global production owing to low labor costs and increasing industrialization. China, India, Japan, South Korea are some of the largest consumers due to high economic development coupled with rapid urbanization resulting in growing population.
The Asia Pacific ethylene glycol monomethyl ether market is also driven by rapidly expanding end-use industries such as paints & coatings, textile & fabrics, dyes & pigments and pharmaceuticals across emerging countries such as Indonesia, Vietnam and Thailand among others. Increasing demand for automobiles has led automotive manufacturers in these regions to increase their utilization of ethylene glycol monomethyl ether which will further propel product demand over the coming years.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and packaging
- Growing investments in the ethylene glycol monomethyl ether market by key players
- Rising awareness about the benefits of using ethylene glycol monomethyl ether among consumers
- Technological advancements in production processes of ethylene glycol monomethyl ether
- Stringent environmental regulations for emissions from manufacturing facilities
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethylene Glycol Monomethyl Ether Market Research Report
By Type
Purity More than or euqal to 99%, Purity < 99%
By Application
Solvent, Coating, Dyes, Other
By Companies
Monument Chemical, Advance Petrochemicals, Jiangsu Dynamic Chemical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Ethylene Glycol Monomethyl Ether Market Report Segments:
The global Ethylene Glycol Monomethyl Ether market is segmented on the basis of:
Types
Purity More than or euqal to 99%, Purity < 99%
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solvent, Coating, Dyes, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Monument Chemical
- Advance Petrochemicals
- Jiangsu Dynamic Chemical
Highlights of The Ethylene Glycol Monomethyl Ether Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Purity More than or euqal to 99%
- Purity < 99%
- By Application:
- Solvent
- Coating
- Dyes
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ethylene Glycol Monomethyl Ether Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ethylene glycol monomethyl ether is a clear, colorless liquid with a sweet odor. It is used as an antifreeze, solvent, and emulsifier.
Some of the major companies in the ethylene glycol monomethyl ether market are Monument Chemical, Advance Petrochemicals, Jiangsu Dynamic Chemical.
The ethylene glycol monomethyl ether market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ethylene Glycol Monomethyl Ether Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ethylene Glycol Monomethyl Ether Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ethylene Glycol Monomethyl Ether Market - Supply Chain
4.5. Global Ethylene Glycol Monomethyl Ether Market Forecast
4.5.1. Ethylene Glycol Monomethyl Ether Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ethylene Glycol Monomethyl Ether Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ethylene Glycol Monomethyl Ether Market Absolute $ Opportunity
5. Global Ethylene Glycol Monomethyl Ether Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Type
5.3.1. Purity More than or euqal to 99%
5.3.2. Purity < 99%
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ethylene Glycol Monomethyl Ether Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Application
6.3.1. Solvent
6.3.2. Coating
6.3.3. Dyes
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ethylene Glycol Monomethyl Ether Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ethylene Glycol Monomethyl Ether Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ethylene Glycol Monomethyl Ether Demand Share Forecast, 2019-2026
9. North America Ethylene Glycol Monomethyl Ether Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Application
9.4.1. Solvent
9.4.2. Coating
9.4.3. Dyes
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Type
9.7.1. Purity More than or euqal to 99%
9.7.2. Purity < 99%
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ethylene Glycol Monomethyl Ether Demand Share Forecast, 2019-2026
10. Latin America Ethylene Glycol Monomethyl Ether Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Application
10.4.1. Solvent
10.4.2. Coating
10.4.3. Dyes
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Type
10.7.1. Purity More than or euqal to 99%
10.7.2. Purity < 99%
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ethylene Glycol Monomethyl Ether Demand Share Forecast, 2019-2026
11. Europe Ethylene Glycol Monomethyl Ether Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Application
11.4.1. Solvent
11.4.2. Coating
11.4.3. Dyes
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Type
11.7.1. Purity More than or euqal to 99%
11.7.2. Puity < 99%
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ethylene Glycol Monomethyl Ether Demand Share, 2019-2026
12. Asia Pacific Ethylene Glycol Monomethyl Ether Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Application
12.4.1. Solvent
12.4.2. Coating
12.4.3. Dyes
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Type
12.7.1. Purity More than or euqal to 99%
12.7.2. Purity < 99%
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ethylene Glycol Monomethyl Ether Demand Share, 2019-2026
13. Middle East & Africa Ethylene Glycol Monomethyl Ether Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Application
13.4.1. Solvent
13.4.2. Coating
13.4.3. Dyes
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ethylene Glycol Monomethyl Ether Market Size and Volume Forecast by Type
13.7.1. Purity More than or euqal to 99%
13.7.2. Purity < 99%
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ethylene Glycol Monomethyl Ether Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ethylene Glycol Monomethyl Ether Market: Market Share Analysis
14.2. Ethylene Glycol Monomethyl Ether Distributors and Customers
14.3. Ethylene Glycol Monomethyl Ether Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Monument Chemical
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Advance Petrochemicals
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Jiangsu Dynamic Chemical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
