Market Overview:
The global diethylene glycol butyl 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 coatings, inks, solvents, and other applications from various end-use industries. Diethylene glycol butyl ether is used as an intermediate in the production of various chemicals and products such as polyurethanes, paints & coatings, adhesives & sealants, printing inks, textiles auxiliaries etc. It has excellent properties such as low volatility and good solvency that make it suitable for use in these applications. North America accounted for the largest share of the global diethylene glycol butyl ether market in 2017 followed by Europe and Asia Pacific.
Product Definition:
Diethylene glycol butyl ether (DGBE) is a colorless, volatile liquid that is widely used as an industrial solvent. It has a mild, sweet odor and is soluble in water. DGBE can be used as a paint or lacquer thinner, or as a cleaning agent for metal parts. It is also used in the production of plastics, resins, and other chemicals.
Industrial Grade:
Industrial grade is a high purity, technical grade of ethylene glycol butyl ether. It has applications in various end-use industries including food & beverage, pharmaceuticals and cosmetics among others. Diethylene Glycol Butyl Ether (DGBE) is one such industrial-grade product that finds its application in the diethylene glycol butyl ether market.
Excellent Grade:
Excellent grade is a high purity, crystalline, and odorless diethylene glycol butyl ether. It has the same properties as regular-grade DEG except that its purity is higher than 90%. Its production process is also different. In short, it's a very pure form of DEG with no impurities at all.
Application Insights:
In terms of volume, the coating application led the global diethylene glycol butyl ether market with a share of over 40.0% in 2017. This is attributed to increasing demand for coatings from various end-use industries including construction and automotive among others. Coatings are used in various industrial applications such as food packaging, metal plating, wood finishing and paper coating among others. The growing use of coatings in consumer goods such as refrigerators, washing machines and microwave ovens is expected to drive the product demand over the forecast period.
Regional Analysis:
Asia Pacific was the largest consumer of diethylene glycol butyl ether with a consumption share of over 60% in 2017. The region is expected to witness significant growth on account of increasing product demand from various application industries. Rapid industrialization and urbanization along with rising disposable income levels are anticipated to be the key driving factors for the market expansion over the forecast period.
The Asia Pacific was followed by North America, which accounted for a revenue share of 22% in 2017 owing to high consumption levels coupled with growing applications industry in countries such as U.S., Canada, and Mexico that have extensive manufacturing bases for solvents and coatings sector.
Growth Factors:
- Increasing demand for Diethylene Glycol Butyl Ether in various end-use industries such as automotive, construction, and pharmaceuticals due to its properties such as low volatility, non-toxic, and odorless.
- Rising demand for Diethylene Glycol Butyl Ether from emerging countries due to the growth of their economies and the increasing population.
- Growing awareness about the benefits of using Diethylene Glycol Butyl Ether among consumers is expected to boost its demand over the forecast period.
- Technological advancements in production processes are projected to fuel the growth of Diethylene Glycol Butyl Ether market over the forecast period. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Diethylene Glycol Butyl Ether Market Research Report
By Type
Industrial Grade, Excellent Grade
By Application
Coating, Ink, Solvent, Others
By Companies
DOW, LyondellBasell, Eastman, Optimal, BASF, Kyowa Hakko Kirin, Sasol, INEOS, Yida, Tianyin
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
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Diethylene Glycol Butyl Ether Market Report Segments:
The global Diethylene Glycol Butyl Ether market is segmented on the basis of:
Types
Industrial Grade, Excellent Grade
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
Coating, Ink, Solvent, Others
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:
- DOW
- LyondellBasell
- Eastman
- Optimal
- BASF
- Kyowa Hakko Kirin
- Sasol
- INEOS
- Yida
- Tianyin
Highlights of The Diethylene Glycol Butyl 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:
- Industrial Grade
- Excellent Grade
- By Application:
- Coating
- Ink
- Solvent
- Others
- 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 Diethylene Glycol Butyl 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?
Diethylene glycol butyl ether is a clear, colorless liquid with a sweet odor. It is used as an antifreeze, solvent, and paint thinner.
Some of the major players in the diethylene glycol butyl ether market are DOW, LyondellBasell, Eastman, Optimal, BASF, Kyowa Hakko Kirin, Sasol, INEOS, Yida, Tianyin.
The diethylene glycol butyl 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 Diethylene Glycol Butyl 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 Diethylene Glycol Butyl Ether Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Diethylene Glycol Butyl 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 Diethylene Glycol Butyl 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 Diethylene Glycol Butyl Ether Market Size & Forecast, 2020-2028 4.5.1 Diethylene Glycol Butyl Ether Market Size and Y-o-Y Growth 4.5.2 Diethylene Glycol Butyl 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 Industrial Grade
5.2.2 Excellent Grade
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 Coating
6.2.2 Ink
6.2.3 Solvent
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Diethylene Glycol Butyl 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 Diethylene Glycol Butyl 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 Industrial Grade
9.6.2 Excellent Grade
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 Coating
9.10.2 Ink
9.10.3 Solvent
9.10.4 Others
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 Industrial Grade
10.6.2 Excellent Grade
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 Coating
10.10.2 Ink
10.10.3 Solvent
10.10.4 Others
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 Industrial Grade
11.6.2 Excellent Grade
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 Coating
11.10.2 Ink
11.10.3 Solvent
11.10.4 Others
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 Industrial Grade
12.6.2 Excellent Grade
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 Coating
12.10.2 Ink
12.10.3 Solvent
12.10.4 Others
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 Industrial Grade
13.6.2 Excellent Grade
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 Coating
13.10.2 Ink
13.10.3 Solvent
13.10.4 Others
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 Diethylene Glycol Butyl Ether Market: Competitive Dashboard
14.2 Global Diethylene Glycol Butyl Ether Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DOW
14.3.2 LyondellBasell
14.3.3 Eastman
14.3.4 Optimal
14.3.5 BASF
14.3.6 Kyowa Hakko Kirin
14.3.7 Sasol
14.3.8 INEOS
14.3.9 Yida
14.3.10 Tianyin