United States Ethylene Glycol Monopropyl Ether Market was valued at USD 0.8 Billion in 2022 and is projected to reach USD 1.3 Billion by 2030, growing at a CAGR of 7.0% from 2024 to 2030.
The US Ethylene Glycol Monopropyl Ether (EGPE) market has been steadily growing due to its increasing use in various industries such as paints, coatings, cleaning products, and personal care. As a versatile solvent, EGPE is a crucial component in the formulation of products requiring low volatility and high solubility. It is primarily utilized for its ability to dissolve a wide range of chemical substances, making it a go-to solution for many manufacturing processes.
The demand for EGPE in the US is driven by its widespread application in industrial and commercial sectors. One of the key drivers of growth is the expanding construction and automotive industries, where EGPE is used in the production of cleaning agents, surface coatings, and degreasers. With the rising need for eco-friendly and high-performance materials, EGPE’s unique properties make it highly sought after. Moreover, the personal care sector, where EGPE is used in cosmetics and toiletries, further boosts the market demand.
Notably, the market is also influenced by the broader trends in the chemical industry, including the push for more sustainable solutions. As manufacturers seek to reduce their environmental impact, there has been an increase in the production of bio-based alternatives to traditional chemicals, which directly affects the EGPE market. In particular, formulations with lower toxicity and improved environmental profiles are becoming increasingly popular, opening up new growth opportunities for EGPE producers.
According to market reports, the EGPE market in the US is expected to continue its upward trajectory, with a significant increase in the adoption of EGPE-based formulations across various applications. Along with rising demand, technological advancements in the production of EGPE are enhancing the efficiency and scalability of manufacturing processes, which is likely to lead to a reduction in costs over time.
As the market for EGPE expands, its role in industries like automotive, cleaning, and personal care will continue to grow. The US Ethylene Glycol Monopropyl Ether market is poised for a promising future, with an emphasis on sustainable practices and innovative solutions, much like the broader trends seen in markets like the 100 Gigabit Fiber Optic Transceiver Market, where new technologies are shaping the future of industry standards.
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Eastman
Prasol Chemicals
Dow
Shell
India Glycols
Monument Chemical
Addtek Chemical
Jiangsu Dynamic Chemical
Jiangsu Yida Chemical
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Ethylene Glycol Monopropyl Ether Market
Paints and Coatings
Personal Care Products
Cleaning Agents
Adhesives and Sealants
Textiles
Construction
Automotive
Consumer Goods
Industrial
Healthcare
Aqueous Solutions
Concentrates
Solvent-Based
Emulsions
Water-Based Formulations
Solvent-Based Formulations
Powdered Formulations
Paste Formulations
Industrial Grade
Pharmaceutical Grade
Cosmetic Grade
Specialty Grade
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Ethylene Glycol Monopropyl Ether Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Ethylene Glycol Monopropyl Ether Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Ethylene Glycol Monopropyl Ether Market, By Type
6. US Ethylene Glycol Monopropyl Ether Market, By Application
7. US Ethylene Glycol Monopropyl Ether Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Ethylene Glycol Monopropyl Ether Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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