DUBLIN, Dec 1, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "E-series Glycol Ether Market by Type (EGPE, EGBE, EGBEA), Application (Paints & Coatings, Printing Ink, Cleaners, Cosmetics & Personal Care, Pharmaceuticals, Automotive, Chemical Intermediates), and Region - Global Forecast to 2021" report to their offering.
The glycol ethers market was valued at USD 1.64 Billion in 2015 and is projected to reach USD 2.13 Billion by 2021, at a CAGR of 4.3% between 2016 and 2021 Major factors driving the growth of the E-series glycol ethers market include high demand for E-series glycol ethers from diverse applications in areas owing to its exceptional properties such as high water solubility, low volatility, and effective strength. The E-series glycol ethers market has been segmented on the basis of type, application, and region. According to application, the market has been further classified into paints & coatings, cleaners, printing ink, automotive, chemical intermediates, pharmaceuticals, cosmetics & personal care, among others. Among all applications, the paints & coatings segment accounted for the largest share of the E-series glycol ethers market in 2015. This large share is mainly attributed to the latest technological advancements and development of new grades for different coating applications. However, pharmaceuticals is the fastest-growing segment. In the pharmaceuticals sector, E-series glycol ethers are used in several medical products, such as ointments, eye drops, and laxatives. Major types of E-series glycol ethers include EGPE, EGBE, and EGBEA that are used extensively in diverse applications areas. EGPE is a colorless, water-miscible solvent providing a slow evaporation rate, good viscosity control in waterborne resins, and high flash point. Ethylene glycol butyl ether (EGBE) is a key ingredient in numerous products, ranging from industrial and consumer cleaning solutions to water- and solvent-based paints & coatings. EGBEA is derived from the reaction of butyl ether, derived from monoethylene butyl glycol, with acetic acid. Key Topics Covered: 1 Introduction2 Research Methodology3 Executive Summary4 Premium Insights5 Market Overview6 Industry Trends7 E-series Glycol Ethers Market, By Type8 E-series Glycol Ethers Market, By Application9 E-series Glycol Ethers Market, By Region10 Competitive Landscape11 Company Profiles