Butyl glycol has the potential of producing peroxides in the presence of atmospheric oxygen, outspreading the drying time of coatings as well as enhance the brushability of alkyd resin paints by lowering their viscosity. Low evaporation number of butyl glycol assists the development of enamel properties without alarming the drying period.
MARKET DYNAMICS
The butyl glycol market has witnessed a significant growth owing to the expansion of the paints and coatings industry. Moreover, the surfactant properties of butyl glycol is known to boost the butyl glycol market in the coming years. The growing demand for butyl glycol from the Asia Pacific region provides a vast market opportunity for the key players operating in the butyl glycol market.
MARKET SCOPE
The "Global Butyl Glycol Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the Butyl glycol market with detailed market segmentation by function, end-use industry, and geography. The global butyl glycol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Butyl glycol market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global butyl glycol market is segmented on the basis of function and end-use industry. On the basis of function, the butyl glycol market is segmented into solvents, chemical intermediates, and others. Based on end-use industry the global butyl glycol market is divided into paints & coatings, printing inks, metalworking fluids, electrical & electronics, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Butyl glycol market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Butyl glycol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Butyl glycol market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Butyl glycol market in these regions.
MARKET PLAYERS
The reports cover key developments in the Butyl glycol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Butyl glycol market are anticipated to lucrative growth opportunities in the future with the rising demand for Butyl glycol in the global market. Below mentioned is the list of few companies engaged in the Butyl glycol market.
he report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Butyl glycol market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Anshika Polysurf Ltd.
- Asia Pacific Petrochemicals Co Ltd
- BASF SE
- Dow Chemical Company
- Eastman Chemical Corporation
- Lotte Chemical Corporation
- Lyondellbasell Industries N.V.
- Nippon Nyukazai Co. Ltd.
- Sadara Chemical Company
- Sasol
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