Precision Business Insights has published a report on the global butyl glycol market, estimating its value at USD 1,011.0 million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.3% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here -https://www.precisionbusinessinsights.com/market-reports/butyl-glycol-market
The butyl glycol market focuses on the production and distribution of butyl glycol, a versatile solvent widely used in industries such as paints & coatings, cleaning products, pharmaceuticals, and personal care
Drivers:
- Growing Demand for High-Performance Solvents – Butyl glycol is essential in paints and coatings due to its excellent solvency and moisture retention properties Industrial
- Expansion – Increasing use in automotive, construction, and manufacturing sectors fuels market growth
The global butyl glycol market segmentation:
- By Function: Solvent, Coalescing Aid, Chemical Intermediate, Plasticizer, and Others
- By Application: Paints and Coatings, Printing Inks, Metal Working Fluid, Polymer & Plastics, and Others
- By End User: Building & Construction, Automotive Industry, Chemicals Industry, Electrical & Electronics, Agriculture, Cleaning, Oil & Gas, and Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the butyl glycol market by the region. The report covers all regions and countries; North America was the largest and Asia was the fastest-growing region in the butyl glycol market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Sadara Chemical Company, Anshika Polysurf Ltd., Nippon Nyukazai Co. Ltd., Lotte Chemical Corporation, Lyondell Basell Industries N.V., Eastman Chemical Corporation, Asia Pacific Petrochemicals Co Ltd, Dow Chemical Company, BASF SE, KH Chemicals, Solventis, INEOS.
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