PUBLISHER: SkyQuest | PRODUCT CODE: 1244326
PUBLISHER: SkyQuest | PRODUCT CODE: 1244326
Global Butyl Glycol Market Size, Share, Growth Analysis, By Function(Solvent, Coalescing Aid), By Application(Paints, Coatings) - Industry Forecast 2022-2028
Global Butyl Glycol Market was valued at USD 0.83 Billion in 2021, and it is expected to reach a value of USD 1.17 Billion by 2028, at a CAGR of 5.0% over the forecast period (2022 - 2028).
The butyl glycol market is expected to increase moderately in the foreseeable future despite restricted environmental regulations. It appears that exposure to butyl glycol is having a detrimental effect on vocations as more data become available. Butyl glycol is predicted to have stable growth over the next years due to the increased demand for paints and coating materials in developed and target countries, like the US. Since demand is anticipated to rise significantly over the next five years, the sector will continue to utilise the multiple butyl glycol uses.
Top-down and bottom-up approaches were used to estimate and validate the size of Global Butyl Glycol Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report
The Global Butyl Glycol Market is segmented based on Function, Application, and Region. Based on the Function, the market is segmented as Solvent, Coalescing Aid, Chemical Intermediate, Plasticizer, Other. Based on the Application, the market is segmented as Paints and Coatings, Printing Inks, Metal Working Fluid, Polymer & Plastics, Others. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Driver
A rise in paint demand would put pressure on the global butyl glycol market
The demand for butyl glycol to be utilised in the production of water-based paint and coatings is rising as a result of the expansion of the global paint and coatings industry. Major manufacturers are interested in developing technology solutions that are specifically tailored to meet commercial needs. The availability of butyl glycol substitutes could also cause the global butyl glycol market to stagnate.
With the help of strict government regulations and expensive raw materials, the global market for butyl glycol can be hampered. Butyl glycol is listed under Neath the Toxics Release Inventory due to its toxic character (TRI). Short-term exposure to butyl glycol may also result in pulmonary edoema or necrosis, whereas long-term exposure may also result in a number of chronic illnesses such nausea, anorexia, anaemia, and harmful reproductive abnormalities. The global market for butyl glycol is anticipated to be constrained for the duration of the forecast period by rising environmental safety developments, the production of high-quality and environmentally friendly products, advancing technology, and the reformulation of recent products.
Restraint
Despite a significant increase in demand, butyl glycol is expected to experience a slight fall in demand because of its detrimental effects on humans when exposed. Industrial workers have been noted to suffer from chronic conditions like nausea, renal damage, and liver damage. Regulators are also passing amendments that restrict the use and import of butyl glycol and its parent substance in an effort to solve this issue. Throughout the course of the projection period, it is anticipated that the creation of high-quality, environmentally friendly products, rising technologies, and the reformulation of new products would all have a detrimental effect on the global butyl glycol market.
Market Trends
Instead of generic product improvement, butyl glycol market participants are increasingly customising their offerings to fit the demands of specific applications. Butyl glycol is also a raw material used to create a variety of products, including fibre glass, carpets, furniture, pillows, and garments made of polyester fabric. Moreover, the creation of other products, such as polyethylene terephthalate, uses these goods. Most produced things are recyclable and reasonably priced. These characteristics make it a sustainable choice, which is causing the demand for butyl alcohol to increase.
Table of Contents
Executive Summary
Market overview
- Exhibit: Executive Summary - Chart on Market Overview
- Exhibit: Executive Summary - Data Table on Market Overview
- Exhibit: Executive Summary - Chart on Global Butyl Glycol Market Characteristics
- Exhibit: Executive Summary - Chart on Market by Geography
- Exhibit: Executive Summary - Chart on Market Segmentation
- Exhibit: Executive Summary - Chart on Incremental Growth
- Exhibit: Executive Summary - Data Table on Incremental Growth
- Exhibit: Executive Summary - Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy-scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Butyl Glycol Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
