Market Overview:
The global diethylene glycol monoethyl ether acetate (DCAC) market is expected to register a CAGR of 5.5% during the forecast period, 2018-2030. The market growth can be attributed to the increasing demand for DCAC in paints & coatings and electric industry applications. Additionally, the growing demand for medical & pesticide applications is also expected to fuel the growth of the global DCAC market during the forecast period. Based on type, above 99.0% grade segment is projected to account for a major share of the global DCAC market in 2018. This can be attributed to its high purity and superior performance as compared to other grades available in the market.
Product Definition:
Diethylene glycol monoethyl ether acetate (DCAC) is a colorless, flammable liquid. It is used as a solvent for paints, coatings, and inks.
Above 99.0%:
Diethylene glycol monoethyl ether acetate (DCAC) is a colorless liquid with an odor similar to that of gasoline. It is used as a coalescing agent in the production of polyurethane foams and as an additive for increasing the viscosity of paint materials.
Above 98.0%:
Diethylene glycol monoethyl ether acetate (DCAC) is a colorless liquid with an odor similar to that of paint thinner. It is used as a coalescing agent in the production of polyurethane foams and as an additive for increasing the viscosity of plasticizers. DCAC has applications in coatings, adhesives, sealants, and elastomers industries along with being used as a solvent for cleaning metal parts.
Application Insights:
Paints & coatings was the largest application segment in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2030. The product is widely used as an industrial solvent due to its low boiling point, high toxicity and non-corrosive nature. It is also employed in several other applications such as metal plating, dry cleaning solvents, wood preservative solutions among others.
The electric industry segment accounted for USD 801 million in 2015 owing to the growing demand for dielectric fluids which are used across multiple industries such as power generation and telecommunication among others. DCAC acts as an excellent replacement for diethyl ether which is no longer manufactured commercially due to its higher cost coupled with lower performance comparedto Diethylene glycol monoethyl ether acetate (Diethyl Ether).
Regional Analysis:
Asia Pacific was the largest market for diethylene glycol monoethyl ether acetate and accounted for over 45% of the global demand in 2016. The region is expected to witness significant growth on account of increasing industrialization, coupled with rising foreign investments in China, India, and South Korea.
The growing electric vehicle production industry along with government support is expected to drive DCAEA consumption in Asia Pacific paints & coatings application from 2017 to 2030. In addition, rapid urbanization coupled with increasing construction spending is anticipated to augment product demand over the forecast period.
North America emerged as a major consumer owing to stringent regulations regarding VOC emissions by EPA and other environmental protection agencies that have resulted into substitution of solvents such as TCE.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, textiles, adhesives and sealants is expected to drive the growth of Diethylene Glycol Monoethyl Ether Acetate (DCAC) market over the forecast period.
- Rising awareness about benefits of using Diethylene Glycol Monoethyl Ether Acetate (DCAC) in various applications is projected to propel the market growth.
- Growing demand for eco-friendly solvents is anticipated to create new opportunities for Diethylene Glycol Monoethyl Ether Acetate (DCAC) market in near future.
- Technological advancements in production process are likely to boost the demand for Diethylene Glycol Monoethyl Ether Acetate (DCAC) over the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Diethylene Glycol Monoethyl Ether Acetate (DCAC) Market Research Report
By Type
Above 99.0%, Above 98.0%, Others
By Application
Paints & Coatings, Electric Industry, Medical & Pesticide, Chemical Industry, Others
By Companies
Eastman Chemical, KH Neochem Co., Ltd, LyondellBasell, Shinko Organic Chemical, Jiangsu Dynamic Chemical, Jiangsu Hualun, Jiangsu Yida Chemical, Jiangsu RuiJia Chemical, India Glycols Limited (IGL), Jiangsu Yinyan Specialty 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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Diethylene Glycol Monoethyl Ether Acetate (DCAC) Market Report Segments:
The global Diethylene Glycol Monoethyl Ether Acetate (DCAC) market is segmented on the basis of:
Types
Above 99.0%, Above 98.0%, Others
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
Paints & Coatings, Electric Industry, Medical & Pesticide, Chemical Industry, 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:
- Eastman Chemical
- KH Neochem Co., Ltd
- LyondellBasell
- Shinko Organic Chemical
- Jiangsu Dynamic Chemical
- Jiangsu Hualun
- Jiangsu Yida Chemical
- Jiangsu RuiJia Chemical
- India Glycols Limited (IGL)
- Jiangsu Yinyan Specialty Chemical
Highlights of The Diethylene Glycol Monoethyl Ether Acetate (DCAC) 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:
- Above 99.0%
- Above 98.0%
- Others
- By Application:
- Paints & Coatings
- Electric Industry
- Medical & Pesticide
- Chemical Industry
- 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 Monoethyl Ether Acetate (DCAC) 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.
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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 monoethyl ether acetate is a clear, colorless liquid with a sweet odor. It is used as an antifreeze, solvent, and emulsifier.
Some of the major players in the diethylene glycol monoethyl ether acetate (dcac) market are Eastman Chemical, KH Neochem Co., Ltd, LyondellBasell, Shinko Organic Chemical, Jiangsu Dynamic Chemical, Jiangsu Hualun, Jiangsu Yida Chemical, Jiangsu RuiJia Chemical, India Glycols Limited (IGL), Jiangsu Yinyan Specialty Chemical.
The diethylene glycol monoethyl ether acetate (dcac) 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 Monoethyl Ether Acetate (DCAC) 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 Monoethyl Ether Acetate (DCAC) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Diethylene Glycol Monoethyl Ether Acetate (DCAC) 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 Monoethyl Ether Acetate (DCAC) 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 Monoethyl Ether Acetate (DCAC) Market Size & Forecast, 2020-2028 4.5.1 Diethylene Glycol Monoethyl Ether Acetate (DCAC) Market Size and Y-o-Y Growth 4.5.2 Diethylene Glycol Monoethyl Ether Acetate (DCAC) 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 Above 99.0%
5.2.2 Above 98.0%
5.2.3 Others
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 Paints & Coatings
6.2.2 Electric Industry
6.2.3 Medical & Pesticide
6.2.4 Chemical Industry
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Diethylene Glycol Monoethyl Ether Acetate (DCAC) 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 Monoethyl Ether Acetate (DCAC) 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 Above 99.0%
9.6.2 Above 98.0%
9.6.3 Others
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 Paints & Coatings
9.10.2 Electric Industry
9.10.3 Medical & Pesticide
9.10.4 Chemical Industry
9.10.5 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 Above 99.0%
10.6.2 Above 98.0%
10.6.3 Others
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 Paints & Coatings
10.10.2 Electric Industry
10.10.3 Medical & Pesticide
10.10.4 Chemical Industry
10.10.5 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 Above 99.0%
11.6.2 Above 98.0%
11.6.3 Others
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 Paints & Coatings
11.10.2 Electric Industry
11.10.3 Medical & Pesticide
11.10.4 Chemical Industry
11.10.5 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 Above 99.0%
12.6.2 Above 98.0%
12.6.3 Others
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 Paints & Coatings
12.10.2 Electric Industry
12.10.3 Medical & Pesticide
12.10.4 Chemical Industry
12.10.5 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 Above 99.0%
13.6.2 Above 98.0%
13.6.3 Others
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 Paints & Coatings
13.10.2 Electric Industry
13.10.3 Medical & Pesticide
13.10.4 Chemical Industry
13.10.5 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 Monoethyl Ether Acetate (DCAC) Market: Competitive Dashboard
14.2 Global Diethylene Glycol Monoethyl Ether Acetate (DCAC) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eastman Chemical
14.3.2 KH Neochem Co., Ltd
14.3.3 LyondellBasell
14.3.4 Shinko Organic Chemical
14.3.5 Jiangsu Dynamic Chemical
14.3.6 Jiangsu Hualun
14.3.7 Jiangsu Yida Chemical
14.3.8 Jiangsu RuiJia Chemical
14.3.9 India Glycols Limited (IGL)
14.3.10 Jiangsu Yinyan Specialty Chemical