The report is designed to provide a holistic view of the Diethylene Glycol Monobutyl Ether Acetate Market . It provides the industry overview with market growth analysis with a historical & futuristic perspective for the following parameters; revenue, demands, and supply data (as applicable). Regional estimates and forecasts & trend analysis for eac country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Luxemburg, Rest of Europe, Japan, China, South Korea, India, Australia And New Zealand, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America UAE, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa, etc.), and region (North America, Europe, Asia-Pacific, Middle East and Africa (MEA), and Latin America) are also available in the study. The impact of the COVID-19, and also forecasts its recovery post-COVID-19.
Data Bridge Market Research analyses that the Diethylene glycol monobutyl ether acetate market was valued at USD in 126.95 million 2021 and is expected to reach USD 171.08 million by 2029, registering a CAGR of 3.80% during the forecast period of 2022 to 2029.
Top Companies in the Diethylene Glycol Monobutyl Ether Acetate Market
Eastman Chemical Company (U.S.), Dow (U.S.), Solventis (U.S.), Huntsman International LLC (U.S.), LyondellBasell Industries N.V. (Netherland), Jiangsu Dynamic Chemical Co., Ltd (China), Tedia (U.S.), SHINKO ORGANIC CHEMICAL INDUSTRY LTD (Japan)., Shell Chemicals (U.S.), BASF SE (Germany), SABIC (Saudi Arabia), SASOL (South Africa), KH Neochem Co., Ltd. (Japan), YIDA CHEMICAL (China), Parchem fine & specialty chemicals (U.S.), Merck KGaA (Germany), SANKYO CHEMICAL CO.,LTD. (Japan)
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This report segments the Diethylene Glycol Monobutyl Ether Acetate Market are:
Type
≥99.0%
≥98.0%
Others
End-Use
Paints and Coatings
Electric Industry
Medical and Pesticide
Chemical Industry
Others
Application
Detergents and Cleaners
Inks
Chemical Intermediate
Surface Coatings
Others
Drivers
High usage of diethylene glycol monobutyl ether for formulation of paints
Diethylene glycol monobutyl ether acetate is widely used as an auxiliary coalescing agent in the emulsion paints. Also, diethylene glycol monobutyl ether acetate is used as latex coalescent in the manufacturing of low VOC paints. Besides, it finds application as a solvent in the silk screen printing ink due to its slow speed of volatilization and low solubility. Paints and coatings are progressively gaining traction in developed countries due to the high rate of renovation activities, which boost the demand of the diethylene glycol monobutyl ether and drive the market's growth rate.
Rising demand of diethylene glycol monobutyl ether acetate in printing ink industry
Diethylene glycol monobutyl ether acetate is used as solvent in the specialty printing ink industry because of its excellent performance. It is also used for ink formulation to manufacture ball-point pens. Printing inks are highly used in consumer goods and packaging. The constant growing demand for printing on various packaging materials due to growing treand for e-commerce platforms is expected to positively impact the growth of the diethylene glycol monobutyl ether acetate dueing forecast period.
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Recent industry trends and developments
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-Potential and niche segments/regions exhibiting promising growth.
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