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2021
Dipropylene Glycol N-butyl Ether Market

Dipropylene Glycol n-Butyl Ether Market by Purity (> 98.5%, ? 98.5%), Application (Chemical Intermediate, Cleaner, Coating and Others) and End user industry (Automotive, Architectural, Aerospace, And Construction and others): Global Opportunity Analysis and Industry Forecast, 2021-2030

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Dec 2021 | 85 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Dipropylene Glycol n-Butyl Ether is a cleaning agent that can also be used in cosmetics such as facial soaps because of its capacity to remove dirt and other impurities while also retaining moisture. It works wonders on soap scum, mold, and mildew. It acts by removing scum or discoloration from a surface, similar to its sister component Dipropylene Glycol Propyl Ether. It is easily biodegradable and unlikely to bioaccumulate in food chains in the environment. Furthermore, compared to many alternatives, Dipropylene Glycol n-Butyl Ether is less harmful to aquatic organisms. Because of the threat of bacterial and viral infections, the entire market for cleaners is expected to increase rapidly. The need for cleaners is likely to increase as customers become more aware of the need to control such diseases. Furthermore, cleaner formulation improvements, such as multi-purpose cleaners, are predicted to promote global consumption of such goods.

Market Scope and Structure Analysis

Report Metric

Details

  Market Size Available for Years

  2020–2030

  Base Year Considered

  2020

  Forecast Period

  2021–2030

  Forecast Unit

  Value (USD) and Volume (Kilo Tons)

  Segments Covered

  Purity, Application, End user industry, and Region

  Regions Covered

  North America, Europe, Asia-Pacific, LAMEA

  Companies Covered

Jiangsu Dynamic Chemical Co., Ltd., LyondellBasell Industries Holdings B.V., Banner Chemicals Limited, Monument Chemical, YIDA CHEMICAL, Henan Haofei Chemical Co. Ltd., AECOCHEM, Henan GP Chemicals Co. Ltd.

 

COVID-19 Impact analysis
The COVID-19 global lockout, as well as the post-COVID norms and restrictions, had an impact on the Dipropylene Glycol n-Butyl Ether market. The market, on the other hand, quickly recovered as key players adopted best practices, safety measures, sanitary standards, and government-imposed restrictions.
The COVID-19 outbreak has highlighted the importance of maintaining good cleanliness at home in order to prevent the virus from spreading. Many consumers have reacted by panic-buying cleaning supplies to verify they are virus-free, resulting in increased demand for Dipropylene Glycol n-Butyl Ether during the COVID-19 outbreak.

Top Impacting Factors
The global outbreak of viruses has raised consumer awareness of the importance of keeping the environment and surfaces clean. As a result, increased awareness is expected to boost global cleaning product demand. Manufacturers of home cleaners are focusing on the creation of new and creative eco-friendly cleansers to address the increased demand of consumers worldwide. Dipropylene glycol n-butyl ether's environmentally friendly qualities are expected to increase its use in many products, boosting global demand. In recent years, the use of environmentally friendly ingredients as part of sustainable or green chemistry has increased significantly in the coatings business. The expansion of eco-friendly coatings is being aided by increased consumer awareness of sustainable products and increasingly stringent environmental rules requiring the reduction of VOC emissions. One of the most important elements driving market expansion has been the environmentally favorable nature of dipropylene glycol n-butyl ether-based coatings. Dipropylene glycol n-butyl ether has been exempted by major regulatory agencies such as REACH, the U.S. EPA, and China's Ministry of Ecology and Environment because it is a readily biodegradable organic solvent with low human and animal toxicity (MEE). The European Union has classified it as a non-VOC chemical, which is likely to encourage its use in coatings and cleansers.

Market Trends
A. Schulman, Inc., a prominent global supplier of high-performance plastic compounds, composites, and powders, has been acquired by LyondellBasell, one of the world's top plastics, chemicals, and refining firms. This acquisition leverages LyondellBasell's complementary strengths, delivering a significant value offer to clients and preparing the company for future growth in this market.
The Bayport, Texas factory of Nova Molecular Technologies has been acquired by Monument Chemical. Monument will be able to increase its capabilities to better serve its custom manufacturing and tolling-services clients, as well as enhance its solvents and intermediates range, particularly in high-purity applications, as a result of the acquisition.
Key Segments Covered

Purity 
> 98.5%
≤ 98.5% 
Application
Chemical Intermediate
Cleaner
Coating
Other 
End user industry 
Automotive
Architectural
Aerospace
Construction
Others

Region 

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Key Benefits of the Report

  • This study presents the analytical depiction of the dipropylene glycol n-butyl ether industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Dipropylene glycol n-butyl ether market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the dipropylene glycol n-butyl ether market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed Dipropylene glycol n-butyl ether market analysis based on competitive intensity and how the competition will take shape in coming years

Questions answered in the dipropylene glycol n-butyl ether Report

  • Who are the leading market players active in the dipropylene glycol n-butyl ether market?
  • What current trends will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the market?
  • What future projections would help in taking further strategic steps?
  • Upcoming Report specific FAQs Examples: Can be utilized randomly 4-5 FAQs per RD OR other from own suggestions, suitable for upcoming report. 
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  •     What are the key benefits of the " dipropylene glycol n-butyl ether “Market report?
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