Market Overview:
The global butyl triglycol ether market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for butyl triglycol ether in various applications such as brake fluid, cutting and hydraulic oil, textile dye, coating, cleaner and others. North America is expected to lead the global butyl triglycol ether market during the forecast period followed by Europe and Asia Pacific.
Product Definition:
Butyl triglycol ether is a colorless liquid with a slightly sweet odor. It is used as an additive in foods and beverages, and as a solvent in chemical synthesis.
70% Purtiy:
70% Purtiy is a type of polyurethane. It is a polymer, which contains 70% of the total hydrogen and carbon content by weight. The product has high demand in various end-use industries such as furniture, automotive & transportation, construction and packaging among others.
Other:
Other is also known as tert-butyl alcohol or t-butyl alcohol. It is a colorless liquid with a strong odor. Other name brands of tert-butyl alcohol are Croda, Aldrich, and Eastman Chemical Company.
Application Insights:
The global butyl triglycol ether market is segmented on the basis of application into brake fluid, cutting and hydraulic oil, textile dye, coating, cleaner and other applications. The brake fluid segment emerged as the largest application in 2017 with a volume share of over 40%. This large share can be attributed to growing demand for high-performance braking fluids from various industries such as automotive and transportation.
Brake fluids are used across multiple industries owing to their ability to provide excellent heat resistance properties along with low volatility levels that ensure smooth functioning even at high temperatures. These factors are likely to drive growth over the forecast period.
Regional Analysis:
Asia Pacific was the largest market for global BTEE with a revenue share of over 40% in 2017. The region is also expected to be the fastest-growing market at an estimated CAGR of XX% from 2018 to 2030 owing to increasing product demand from various application industries in emerging economies such as China, India, and Japan.
The growth can be attributed to rising industrial activities coupled with government support for promoting manufacturing industry across Asia Pacific countries including China, Indonesia, Malaysia, Thailand and Vietnam among others.
Europe accounted for a significant share of global butyl triglycol ethers market due its large automotive sector along with growing number of manufacturers operating within it especially Germany who are amongst top 3 producers globally along with U.
Growth Factors:
- Increasing demand for Butyl Triglycol Ether in various end-use industries such as cosmetics, pharmaceuticals, and agrochemicals is expected to drive the market growth.
- Butyl Triglycol Ether is used as a solvent in various chemical processes and it offers high purity and thermal stability which is likely to fuel the market growth.
- Growing awareness about the benefits of using Butyl Triglycol Ether in various end-use applications is projected to boost the market growth over the forecast period.
- Rising investments by key players for expanding their production capacities is anticipated to propel the Butyl Triglycol Ether market growth during the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Butyl Triglycol Ether Market Research Report
By Type
70% Purtiy, Other
By Application
Brake Fluid, Cutting and Hydraulic Oil, Textile Dye, Coating, Cleaner, Other
By Companies
Sasol, Lotte Chemical, BASF, Asia Pacific Petrochemical, NIPPON NYUKAZAI
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
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Butyl Triglycol Ether Market Report Segments:
The global Butyl Triglycol Ether market is segmented on the basis of:
Types
70% Purtiy, Other
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
Brake Fluid, Cutting and Hydraulic Oil, Textile Dye, Coating, Cleaner, 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:
- Sasol
- Lotte Chemical
- BASF
- Asia Pacific Petrochemical
- NIPPON NYUKAZAI
Highlights of The Butyl Triglycol 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:
- 70% Purtiy
- Other
- By Application:
- Brake Fluid
- Cutting and Hydraulic Oil
- Textile Dye
- Coating
- Cleaner
- 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 Butyl Triglycol 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?
Butyl triglycol ether is a solvent used in the production of polyurethanes and other synthetic materials.
Some of the major players in the butyl triglycol ether market are Sasol, Lotte Chemical, BASF, Asia Pacific Petrochemical, NIPPON NYUKAZAI.
The butyl triglycol ether market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Butyl Triglycol Ether Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Butyl Triglycol Ether Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Butyl Triglycol Ether Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Butyl Triglycol Ether Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Butyl Triglycol Ether Market Size & Forecast, 2020-2028
4.5.1 Butyl Triglycol Ether Market Size and Y-o-Y Growth
4.5.2 Butyl Triglycol Ether Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 70% Purtiy
5.2.2 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Brake Fluid
6.2.2 Cutting and Hydraulic Oil
6.2.3 Textile Dye
6.2.4 Coating
6.2.5 Cleaner
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Butyl Triglycol Ether Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Butyl Triglycol Ether Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 70% Purtiy
9.6.2 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Brake Fluid
9.10.2 Cutting and Hydraulic Oil
9.10.3 Textile Dye
9.10.4 Coating
9.10.5 Cleaner
9.10.6 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 70% Purtiy
10.6.2 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Brake Fluid
10.10.2 Cutting and Hydraulic Oil
10.10.3 Textile Dye
10.10.4 Coating
10.10.5 Cleaner
10.10.6 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 70% Purtiy
11.6.2 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Brake Fluid
11.10.2 Cutting and Hydraulic Oil
11.10.3 Textile Dye
11.10.4 Coating
11.10.5 Cleaner
11.10.6 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 70% Purtiy
12.6.2 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Brake Fluid
12.10.2 Cutting and Hydraulic Oil
12.10.3 Textile Dye
12.10.4 Coating
12.10.5 Cleaner
12.10.6 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 70% Purtiy
13.6.2 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Brake Fluid
13.10.2 Cutting and Hydraulic Oil
13.10.3 Textile Dye
13.10.4 Coating
13.10.5 Cleaner
13.10.6 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Butyl Triglycol Ether Market: Competitive Dashboard
14.2 Global Butyl Triglycol Ether Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sasol
14.3.2 Lotte Chemical
14.3.3 BASF
14.3.4 Asia Pacific Petrochemical
14.3.5 NIPPON NYUKAZAI
