Market Overview:
The global ethylene glycol butyl ether acetate 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 paints and coatings, printing ink, cleaners, pharmaceuticals, and other applications across the globe. In terms of type, the market is segmented into between 98% and 99%, above 99%, and others. The majority of the ethylene glycol butyl ether acetate produced in the world falls within between 98% and 99%. In terms of application, paints and coatings held a major share of around 36% in 2017; it is followed by printing ink (30%), cleaners (15%), pharmaceuticals (10%), others (9%). Regionally speaking, North America accounted for around one-third share of the global ethylene glycol butyl ether acetate market in 2017; it was followed by Europe, Asia Pacific excluding Japan (APEJ), Latin America, Japan Middle East & Africa (MEA).
Product Definition:
Ethylene Glycol Butyl Ether Acetate is a colorless liquid with a fruity odor. It is used as an industrial solvent and in the production of plastics, lacquers, and other coatings.
between 98% and 99%:
98% - 99% is a range of hydrocarbons with boiling points ranging from that of ethylene glycol (110 °C) to butyl alcohol (160 °C). It consists of aliphatic compounds and aromatic compounds. The major components in this range are n-butane, n-pentane, and n-hexane.
above 99%:
The upper limit of 99% is a very delicate issue. It depends upon the degree of purity required, the application involved and other factors. For ethylene glycol butyl ether acetate, it means that more than 99% of the ingredients are acetic acid or its compounds which is considered as safe for use in food & beverage applications.
Is there any difference between EGBE.
Application Insights:
Paints and coatings emerged as the leading application segment in 2017, with a volume share of over 40%. This is attributed to its high solubility in water, which allows easy penetration into substrates. It is also used for thinning paints without changing their consistency. Ethylene glycol butyl ether acetate exhibits excellent anti-corrosion properties, which are likely to propel its demand in industrial applications over the coming years.
Printing ink was another prominent application segment accounting for a significant market share in 2017 owing to its superior characteristics including fast dryness and good lubrication that enhance nib performance. However, declining printing press runs across various regions may hinder growth prospects of this product category during the forecast period.
Ethylene glycol butyl ether acetate finds extensive usage as an emulsifier and dispersant along with being used as an intermediate chemical within several other end-use industries such as pharmaceuticals.
Regional Analysis:
Asia Pacific was the largest regional market in 2017 and accounted for a share of over 45%. The region is expected to witness high growth on account of rising product demand from various application industries, such as printing ink, pharmaceuticals, paints and coatings. China is one of the major producers as well as consumers of ethylene glycol butyl ether acetate owing to easy availability of raw materials at low cost.
Europe was the second-largest consumer in 2017 owing to presence several key manufacturers including Evonik Industries AG; INEOS Group PLC.; Lanxess A GmbH; Sherwin-Williams Co.; BASF SE; Huntsman International LLC among others. These companies are focusing on increasing their production capacities by acquiring new or existing facilities from other companies or through expansion projects which will drive industry growth over the forecast period.
Growth Factors:
- Increasing demand from end-use industries such as paints and coatings, adhesives and sealants, and printing inks
- Rising demand for EGBA in emerging economies due to the growth of their automotive and construction industries
- Growing use of EGBA as a solvent in various applications such as pharmaceuticals, agrochemicals, and personal care products
- Increasing production capacity of key manufacturers to meet the rising global demand for EGBA
- Technological advancements that have led to the development of new applications for EGBA
Scope Of The Report
Report Attributes
Report Details
Report Title
Ethylene Glycol Butyl Ether Acetate Market Research Report
By Type
between 98% and 99%, above 99%
By Application
Paints and Coatings, Printing Ink, Cleaners, Pharmaceuticals, Others
By Companies
BASF SE, The Dow Chemical Company, Eastman Chemicals, Saudi Basic Industries Corporation, Huntsman Corporation, Shell Chemicals, LyondellBasell Chemical Company, Sasol
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Ethylene Glycol Butyl Ether Acetate Market Report Segments:
The global Ethylene Glycol Butyl Ether Acetate market is segmented on the basis of:
Types
between 98% and 99%, above 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
Paints and Coatings, Printing Ink, Cleaners, Pharmaceuticals, 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:
- BASF SE
- The Dow Chemical Company
- Eastman Chemicals
- Saudi Basic Industries Corporation
- Huntsman Corporation
- Shell Chemicals
- LyondellBasell Chemical Company
- Sasol
Highlights of The Ethylene Glycol Butyl Ether Acetate 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:
- between 98% and 99%
- above 99%
- By Application:
- Paints and Coatings
- Printing Ink
- Cleaners
- Pharmaceuticals
- 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 Ethylene Glycol Butyl Ether Acetate 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?
Ethylene glycol butyl ether acetate is a solvent used in many industrial and cosmetic products. It is also used as a antifreeze.
Some of the major players in the ethylene glycol butyl ether acetate market are BASF SE, The Dow Chemical Company, Eastman Chemicals, Saudi Basic Industries Corporation, Huntsman Corporation, Shell Chemicals, LyondellBasell Chemical Company, Sasol.
The ethylene glycol butyl ether acetate 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 Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate Market Size & Forecast, 2018-2028
4.5.1 Ethylene Glycol Butyl Ether Acetate Market Size and Y-o-Y Growth
4.5.2 Ethylene Glycol Butyl Ether Acetate Market Absolute $ Opportunity
Chapter 5 Global Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Type
5.2.1 between 98% and 99%
5.2.2 above 99%
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Applications
6.2.1 Paints and Coatings
6.2.2 Printing Ink
6.2.3 Cleaners
6.2.4 Pharmaceuticals
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate Analysis and Forecast
9.1 Introduction
9.2 North America Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Type
9.6.1 between 98% and 99%
9.6.2 above 99%
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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Applications
9.10.1 Paints and Coatings
9.10.2 Printing Ink
9.10.3 Cleaners
9.10.4 Pharmaceuticals
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 Ethylene Glycol Butyl Ether Acetate Analysis and Forecast
10.1 Introduction
10.2 Europe Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Type
10.6.1 between 98% and 99%
10.6.2 above 99%
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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Applications
10.10.1 Paints and Coatings
10.10.2 Printing Ink
10.10.3 Cleaners
10.10.4 Pharmaceuticals
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 Ethylene Glycol Butyl Ether Acetate Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Type
11.6.1 between 98% and 99%
11.6.2 above 99%
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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Applications
11.10.1 Paints and Coatings
11.10.2 Printing Ink
11.10.3 Cleaners
11.10.4 Pharmaceuticals
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 Ethylene Glycol Butyl Ether Acetate Analysis and Forecast
12.1 Introduction
12.2 Latin America Ethylene Glycol Butyl Ether Acetate 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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Type
12.6.1 between 98% and 99%
12.6.2 above 99%
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 Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Applications
12.10.1 Paints and Coatings
12.10.2 Printing Ink
12.10.3 Cleaners
12.10.4 Pharmaceuticals
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) Ethylene Glycol Butyl Ether Acetate Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ethylene Glycol Butyl Ether Acetate 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) Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Type
13.6.1 between 98% and 99%
13.6.2 above 99%
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) Ethylene Glycol Butyl Ether Acetate Market Size Forecast by Applications
13.10.1 Paints and Coatings
13.10.2 Printing Ink
13.10.3 Cleaners
13.10.4 Pharmaceuticals
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 Ethylene Glycol Butyl Ether Acetate Market: Competitive Dashboard
14.2 Global Ethylene Glycol Butyl Ether Acetate Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BASF SE
14.3.2 The Dow Chemical Company
14.3.3 Eastman Chemicals
14.3.4 Saudi Basic Industries Corporation
14.3.5 Huntsman Corporation
14.3.6 Shell Chemicals
14.3.7 LyondellBasell Chemical Company
14.3.8 Sasol
