Diethylene Glycol Monoethyl Ether Market Size, Share & Trends Analysis Report By Application (Paints, Coatings, & Inks, Chemical Intermediate, Pharmaceutical & Personal Care), By Region, And Segment Forecasts, 2019 - 2025

Published: Dec, 2019 | Pages: 100 | Publisher: Grand View Research
Industry: Chemicals | Report Format: Electronic (PDF)

The global diethylene glycol monoethyl ether market size is projected to reach USD 538.8 million by 2025, expanding at a CAGR of 5.3%, according to a new report by Grand View Research, Inc. Increasing penetration of the product in floor polish and paints, coatings, and inks application is expected to drive the industry over the coming years.

Rising preference of diethylene glycol monoethyl ether market for manufacturing water-based coatings is a major factor contributing to the growth of the overall market for DEGEE. Moreover, there is growing use of the product in formulation of variety of cleaning agents for industrial, household, and institutional cleaners. This factor has positively affected the product demand in cleaning agents. Asia Pacific and Eastern Europe are characterized by rapid urbanization, which is anticipated to propel the demand for residential, commercial, and industrial construction, thereby positively affecting the market for DEGEE.

The product is majorly used in skin treatment formulations in the form of topical creams or gels. Diethylene glycol monoethyl ether is considered to be a safe and tolerable pharmaceutical-grade glycol ether when used at 99.9% purity. It also acts as an intracutaneous depot for multiple drugs to reach different layers of the skin. The solvent is massively gaining demand in dermatology sector as it has the ability to penetrate through the eisoderm of the skin and aid in healing the root cause. Owing to these factors, the product is anticipated to witness high growth in pharmaceutical and personal care application in near future.

Ethylene oxide, which is precursor in manufacturing of DEGEE, is highly regulated by multiple regulatory authorities such as U.S. EPA. These regulations impact the production and industrial consumption of ethylene oxide, thus affecting the entire manufacturing cycle of ethylene oxide-based products. Currently, U.S. is one of the major producers of ethylene oxide owing to abundant availability of feedstock. However, increased restrictions on ethylene oxide plants are anticipated to hinder its production, which, in turn, is expected to have a negative impact on diethylene glycol monoethyl ether manufacturers.

Royal Dutch Shell plc; Ineos; Sinopec; and Mitsui Chemical America, Inc. are the key raw material suppliers to the diethylene glycol monoethyl ether producers. Key product manufacturers are Advance Petrochemicals Ltd., Eastman Chemical Company, Dow, Solventis, LyondellBasell Industries Holdings B.V., and Huntsman Corporation. These players work in collaboration with oil and gas companies in order to ensure uninterrupted and long term procurement of raw materials.

Further key findings from the report suggest:

• Floor polish application was the largest consumer of the product owing to its excellent solvent properties and accounted for 35.4% of total market size, in terms of volume, in 2018

• The paints, coatings, and inks segment is expected to exhibit highest growth rate of 5.5%, in terms of revenue, over the forecast period on account of growing demand of the product in water based and solvent based paints

• High absorbency characteristic of DEGEE market is anticipated to increase its demand as a chemical intermediate in variety of chemical blending processes

• Asia Pacific dominated the industry with a volume share of 54.1% in 2018

• Europe is expected to witness a CAGR of 5.2%, in terms of revenue, from 2019 to 2025 due to the presence of major personal care product manufacturing companies, particularly in U.K., France, and Germany and high investment in production of innovative and effective personal care products.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Market segmentation & scope
                 1.2 Market definition
                 1.3 Information procurement
                     1.3.1 Purchased database
                     1.3.2 GVR's internal database
                     1.3.3 Secondary sources
                     1.3.4 Third party perspective
                     1.3.5 Primary research
                 1.4 Information analysis & data analysis models
Chapter 2 Executive Summary
                 2.1 Market outlook
                 2.2 Segment outlook
                 2.3 Competitive insights
Chapter 3 Market Variables, Trends & Scope
                 3.1 Market lineage outlook
                 3.2 Penetration and growth prospect mapping, 2014 - 2025
                 3.3 Value chain analysis
                     3.3.1 Raw material trends
                     3.3.2 Vendor selection criteria
                     3.3.3 Sales channel analysis
                     3.3.4 Price trend analysis
                 3.4 Technology overview
                 3.5 Supply and demand dynamics
                 3.6 Regulatory & policy landscape
                     3.6.1 Product classification codes
                 3.7 Market dynamics
                     3.7.1 Market driver analysis
                         3.7.1.1 Rising demand for cosmeceutical products
                         3.7.1.2 Rising utilization in the production of water-based surface coatings as replacements for solvent-based coatings
                     3.7.2 Market restraint impact analysis
                         3.7.2.1 The presence of stringent regulations regarding ethylene oxide
                 3.8 Trade analysis
                 3.9 Industry analysis tools
                     3.9.1 Porter's analysis
                         3.9.1.1 Supplier power
                         3.9.1.2 Buyer power
                         3.9.1.3 Threat of substitutes
                         3.9.1.4 Threat of new entrants
                         3.9.1.5 Competitive rivalry
                     3.9.2 PESTEL analysis
Chapter 4 Diethylene Glycol Monoethyl Ether Market: Application Outlook
                 4.1 Application market introduction
                 4.2 Diethylene glycol monoethyl ether market estimates & forecast, by application
                     4.2.1 Paints, coatings & inks
                         4.2.1.1 Market estimates & forecasts, in paints, coatings & inks, 2014 - 2025 (Kilotons) (USD Million)
                     4.2.2 Chemical intermediate
                         4.2.2.1 Market estimates & forecasts, in chemical intermediate, 2014 - 2025 (Kilotons) (USD Million)
                     4.2.3 Floor polish
                         4.2.3.1 Market estimates & forecasts, in floor polish, 2014 - 2025 (Kilotons) (USD Million)
                     4.2.4 Pharmaceutical & personal care
                         4.2.4.1 Market estimates & forecasts, in pharmaceutical & personal care, 2014 - 2025 (Kilotons) (USD Million)
                     4.2.5 Other applications
                         4.2.5.1 Market estimates & forecasts, in other applications, 2014 - 2025 (Kilotons) (USD Million)
Chapter 5 Diethylene glycol monoethyl ether Market: Regional Outlook
                 5.1 Diethylene glycol monoethyl ether market: Regional market introduction
                 5.2 North America
                     5.2.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                     5.2.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.2.3 U.S.
                         5.2.3.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.2.3.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.2.4 Canada
                         5.2.4.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.2.4.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.2.5 Mexico
                         5.2.5.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.2.5.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                 5.3 Europe
                     5.3.1 Market estimates & forecasts,, 2014 - 2025 (Kilotons) (USD Million)
                     5.3.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.3.3 Germany
                         5.3.3.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.3.3.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.3.4 U.K.
                         5.3.4.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.3.4.2 Market volume & revenue, by application2014 - 2025 (Kilotons) (USD Million)
                     5.3.5 France
                         5.3.5.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.3.5.2 Market volume & revenue, by application2014 - 2025 (Kilotons) (USD Million)
                 5.4 Asia Pacific
                     5.4.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                     5.4.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.4.3 China
                         5.4.3.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.4.3.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.4.4 India
                         5.4.4.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.4.4.2 Market volume & revenue, by application2014 - 2025 (Kilotons) (USD Million)
                     5.4.5 Japan
                         5.4.5.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.4.5.2 Market volume & revenue, by application2014 - 2025 (Kilotons) (USD Million)
                     5.4.6 South Korea
                         5.4.6.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.4.6.2 Market volume & revenue, by application2014 - 2025 (Kilotons) (USD Million)
                 5.5 Latin America
                     5.5.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                     5.5.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.5.3 Brazil
                         5.5.3.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.5.3.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                 5.6 Middle East & Africa
                     5.6.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                     5.6.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
                     5.6.3 Saudi Arabia
                         5.6.3.1 Market estimates & forecasts, 2014 - 2025 (Kilotons) (USD Million)
                         5.6.3.2 Market volume & revenue, by application, 2014 - 2025 (Kilotons) (USD Million)
Chapter 6 Diethylene glycol monoethyl ether Market: Competitive Analysis
                 6.1 Key global players & recent developments & their impact on the industry
                 6.2 Company market position analysis
                 6.3 List of key vendors
                     6.3.1 List of key manufacturers
                     6.3.2 List of key distributors
                     6.3.3 List of potential end-users
                 6.4 Strategy Framework
Chapter 7 Company Profiles
                 7.1 Advance Petrochemicals Ltd
                     7.1.1 Company introduction
                     7.1.2 Financial information
                     7.1.3 Product portfolio
                     7.1.4 Contact information
                     7.1.5 Strategic initiatives
                 7.2 Eastman Chemical Company
                     7.2.1 Company introduction
                     7.2.2 Financial information
                     7.2.3 Product portfolio
                     7.2.4 Contact information
                 7.3 Dow
                     7.3.1 Company introduction
                     7.3.2 Financial information
                     7.3.3 Product portfolio
                     7.3.4 Contact information
                     7.3.5 Strategic initiatives
                 7.4 Solventis
                     7.4.1 Company introduction
                     7.4.2 Financial information
                     7.4.3 Product portfolio
                     7.4.4 Contact information
                 7.5 Huntsman Corporation
                     7.5.1 Company introduction
                     7.5.2 Financial information
                     7.5.3 Product portfolio
                     7.5.4 Contact information
                     7.5.5 Strategic initiatives
                 7.6 LyondellBasell Industries Holdings B.V.
                     7.6.1 Company introduction
                     7.6.2 Financial information
                     7.6.3 Product portfolio
                     7.6.4 Contact information
                     7.6.5 Strategic initiatives
                 7.7 Swastik Oil
                     7.7.1 Company introduction
                     7.7.2 Financial information
                     7.7.3 Product portfolio
                     7.7.4 Contact information
                     7.7.5 Strategic initiatives
                 7.8 Jiangsu Yida Chemical Co., Ltd.
                     7.8.1 Company introduction
                     7.8.2 Financial information
                     7.8.3 Product portfolio
                     7.8.4 Contact information
                 7.9 HANNONG CHEMICALS, INC.
                     7.9.1 Company introduction
                     7.9.2 Financial information
                     7.9.3 Product portfolio
                     7.9.4 Contact information
                     7.9.5 Strategic initiatives
                 7.10 Monument Chemical
                     7.10.1 Company introduction
                     7.10.2 Financial information
                     7.10.3 Product portfolio
                     7.10.4 Contact information
                 7.11 Jiangsu Dynamic Chemical Co., Ltd.
                     7.11.1 Company introduction
                     7.11.2 Financial information
                     7.11.3 Product portfolio
                     7.11.4 Contact information
                 7.12 Jiangsu Ruijia Chemistry Co., Ltd.
                     7.12.1 Company introduction
                     7.12.2 Financial information
                     7.12.3 Product portfolio
                     7.12.4 Contact information
                 7.13 Clariant
                     7.13.1 Company introduction
                     7.13.2 Financial information
                     7.13.3 Product portfolio
                     7.13.4 Contact information

List of Tables

1. PESTEL Analysis
2. Diethylene glycol monoethyl ether market estimates & forecats, in paints, coatings & inks, 2014 - 2025 (Kilotons) (USD Million)
3. Diethylene glycol monoethyl ether market estimates & forecasts, in paints, coatings & inks, 2014 - 2025 (Kilotons) (USD Million)
4. Diethylene glycol monoethyl ether market estimates & forecasts, in chemical intermediate, 2014 - 2025 (Kilotons) (USD Million)
5. Diethylene glycol monoethyl ether market estimates & forecasts, in floor polish, 2014 - 2025 (Kilotons) (USD Million)
6. Diethylene glycol monoethyl ether market estimates & forecasts, in pharmaceutical & personal care, 2014 - 2025 (Kilotons) (USD Million)
7. Diethylene glycol monoethyl ether market estimates & forecasts, in other applications, 2014 - 2025 (Kilotons) (USD Million)
8. North America diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
9. North America diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
10. North America diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
11. U.S. diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
12. U.S. diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
13. U.S. diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
14. Canada diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
15. Canada diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
16. Canada diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
17. Mexico diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
18. Mexico diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
19. Mexico diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
20. Europe diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
21. Europe diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
22. Europe diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
23. Germany diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
24. Germany diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
25. Germany diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
26. U.K. diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
27. U.K. diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
28. U.K. diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
29. France diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
30. France diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
31. France diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
32. Asia Pacific diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
33. Asia Pacific diethylene glycol monoethyl ether market volume, by application , 2014 - 2025 (Kilotons)
34. Asia Pacific diethylene glycol monoethyl ether market revenue, by application , 2014 - 2025 (USD Million)
35. China diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
36. China diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
37. China diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
38. India diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
39. India diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
40. India diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
41. Japan diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
42. Japan diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
43. Japan diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
44. South Korea diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
45. South Korea diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
46. South Korea diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
47. Latin America diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
48. Latin America diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
49. Latin America diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
50. Brazil diethylene glycol monoethyl ether market estimate and forecasts, 2014 - 2025 (Kilotons) (USD Million)
51. Brazil diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
52. Brazil diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
53. Middle East & Africa diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
54. Middle East & Africa diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
55. Middle East & Africa diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)
56. Saudi Arabia diethylene glycol monoethyl ether market estimates and forecasts, 2014 - 2025 (Kilotons) (USD Million)
57. Saudi Arabia diethylene glycol monoethyl ether market volume, by application, 2014 - 2025 (Kilotons)
58. Saudi Arabia diethylene glycol monoethyl ether market revenue, by application, 2014 - 2025 (USD Million)

List of Figures

1. Diethylene glycol monoethyl ether market segmentation
2. Information procurement
3. Data analysis models
4. Market formulation and validation
5. Data validating & publishing
6. Industry Trends
7. Diethylene glycol monoethyl ether market volume & revenue, 2014 - 2025 (Kilotons) (USD Million)
8. Diethylene glycol monoethyl ether price trend (2014 - 2018)
9. Diethylene glycol monoethyl ether value chain
10. Application Market Volume, 2018 & 2025 (Kilotons)