Investor Alert

May 25, 2020, 9:27 a.m. EDT

Glycol Ether Market to partake significant development of $8.5 billion during 2020-2025

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May 25, 2020 (Market Insight Reports) -- Increasing focus on development of smart cities coupled with growing construction and renovation activities is anticipated to boost E series glycol ether market demand. Rising investment on residential and commercial projects for the development of hospitals, offices, universities and libraries in emerging countries of Asia as well as European countries including Slovenia, Ukraine and Czech Republic will favor glycol ether industry trends in the coming years.

Shifting consumer perception towards aesthetic features of automobiles is anticipated to accelerate tripropylamines glycol methyl ether (TPM) demand for automotive coatings application. Increased spending capabilities of consumers along with growing focus towards deployment of advanced features such as enhanced safety and braking systems in vehicles is fueling the product demand.

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Top Companies

  1. BASF

  2. The Dow Chemical Company

  3. Eastman Chemical Company

  4. SABIC

  5. Exxon Mobil Corporation

  6. Sasol

  7. Huntsman Corporation

  8. Shell

  9. LyondellBasell Industries

  10. Hannong Chemicals Inc

  11. Matrix Chemicals

  12. Biesterfeld AG

Growth Drivers are

  1. Europe: Increasing inclination towards sun protection products

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