The Glycol Ethers Market is expected to grow at > 5.3% during 2021-2026, according to a report from Stratview Research.
COVID-19 pandemic – Boon or a Curse to the industry?
The outbreak of COVID-19 has severely impacted several industries across the world. Tough government measures such as lockdown of major economies, has pressed the ‘pause button’ for most of the industries. For most of the industries, the revenue has gone down in 2020 and has resumed an uptrend gradually from 2021.
Key insights on Glycol Ethers Market
Glycol Ethers Market is likely to witness an impressive CAGR of 5.3% during the forecast period. Growing usage of glycol ethers in cosmetics and personal care products, and increasing product demand in the paints and coatings industry are the major factors fueling the growth of the market during the forecast period.
Asia-Pacific is estimated to be the dominating region in the market owing to growing demand for products such as paints and coatings, and adhesives from various end-user industries such as automotive, electronics, construction, and adhesives during the forecast period. Further, countries such as India, Vietnam, China, and Indonesia being the major countries with growing demand for architectural paints and coatings, adhesives, owing to several construction projects, are expected to accelerate the regional market growth over the forecast period. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.
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Market Scope & Market Segmentation
Glycol Ethers Market Share: By End-User Industry Type
Based on the end-user industry type, the glycol ethers market is segmented as paints and coatings, printing, pharmaceuticals, cosmetics and personal care, adhesives, and others. The paints and Coatings segment is estimated to be the dominating end-user industry in the market owing to the rapid growth in product demand from various industries such as construction, automotive, and packaging, boosting the market growth during the forecast period.
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Which key questions will this report answer?
This market research report focuses to deliver relevant information regarding the market trends, structure and growth during the forecast period of 2020-2025. It also offers insights into different market segments and other factors affecting the market.
Some of the key questions answered by the report are:
Stratview Research’s reports are generated after accumulating data from various authenticated sources. > 10 primary interviews with industry experts are conducted by us for every report. Insights gained from primary interviews, in-depth analysis of company statements and annual reports, accompanied by a number of articles, whitepapers, and reports help us to connect the dots and triangulate the market in the most effective manner.
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