Market Research Reports, Business Consulting Services & Analytics

Pharmaceuticals is driving and offering major growth in the E-Series Glycol Ether Market.

HYDERABAD, TELANGANA, INDIA, February 6, 2023 /EINPresswire.com/ -- IndustryARC, in its latest report, predicts that The E-Series Glycol Ether Market size is estimated to reach US$2.3 billion by 2027 after growing at a CAGR of 4.2% during the forecast period 2022-2027. The E-Series Glycol Ether is ethylene oxide-based, water-soluble, and a strong solvent. The glycol ether forms solvents that are based on alkyl ethers of ethylene glycol or propylene glycol. The E-Series Glycol Ethers consist of ethylene glycol butyl ether acetate (EGBEA), ethylene glycol propyl ether (EGPE), ethylene glycol butyl ether (EGBE), ethylene glycol ethyl ether (EGEE), or ethyl cellosolve and others that have major demand for applications in cleaning, pharmaceuticals, automotive, cosmetics, and others. The report offers a complete analysis of the market, its major segments, growth factors, trends, drivers and challengers, key players and more.

Click here to browse the complete report summary:
https://www.industryarc.com/Research/E-series-Glycol-Ether-Market-Research-500122

Key takeaways:

This IndustryARC report on the E-Series Glycol Ether Market highlights the following areas -

1. Asia-Pacific dominates the E-Series Glycol Ether Market, owing to the flourishing applications of E-Series Glycol Ethers in major sectors such as construction, pharmaceuticals, cosmetics, and others, along with major urbanization and established base in this region.

2. The flourishing building and construction industry is driving the E-Series Glycol Ether Market, owing to increasing demand for paints, coatings, lacquers, and others, thereby boosting the growth in the market.

3. The bolstering demand for E-Series Glycol Ethers in the cosmetic & personal care sector for applications in face care products, body care, and hair care is increasing, thereby offering major growth in the market.

4. However, the hazardous impacts of the E-Series Glycol Ethers such as nausea, respiratory irritations, and others create a major challenge in the market, due to restrictions implemented on the usage of such toxic substances.

Interested in knowing more relevant information? Click here:
https://www.industryarc.com/pdfdownload.php?id=500122

Segmental Analysis:

1. The construction sector is growing rapidly due to factors such as urbanization, increasing spending on infrastructure development, and initiatives for additional housing construction. For instance, according to Oxford Economics, the global construction sector output is projected to reach US$15.2 trillion between 2020 and 2030, with an increase of 42%.

2. Asia-Pacific region held the largest share in the E-Series Glycol Ether Market in 2021 up to 42%. The robust growth of E-Series Glycol Ether in APAC is influenced by a flourishing production base for glycol ethers, high demand from major industries such as construction, automotive, and others, and booming urbanization and rapid advancements in this region.

3. The rapid growth in the construction sector is due to rising income, urbanization, emphasis on sustainable and green buildings, and rising production for various architectural and infrastructural projects.

Competitive Landscape:

The top 5 players in the E-Series Glycol Ether Industry are -

1. BASF SE
2. Eastman Chemicals
3. The Dow Chemical Company
4. Basic Industries Corporation (SABIC)
5. LyondellBasell Chemical Company

Click on the following link to buy the E-Series Glycol Ether Market Report:
https://www.industryarc.com/reports/request-quote?id=500122

Why Choose IndustryARC?

IndustryARC is one of the leading market research and consulting firms in the world. It produces over 500 unique market reports annually. If you are looking for a detailed overview of a particular market, you can simply connect with the team at IndustryARC. You can not only buy your preferred market report from the website, but also get personalized assistance on specific reports.

Related Reports:

A. Glycol Ethers Market
https://www.industryarc.com/Report/11707/glycol-ethers-market.html

B. Butyl Glycol Market
https://www.industryarc.com/Report/15663/butyl-glycol-market.html

Contact Us:
Mr. Venkat Reddy
IndustryARC
Email: venkat@industryarc.com, sales@industryarc.com
USA: (+1) 970-236-3677, (+1) 815-656-4596
IND: (+91) 40-485-49062

Venkat Reddy
IndustryARC
+1 614-588-8538
venkat@industryarc.com
Visit us on social media:
Facebook
Twitter
LinkedIn

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.