Glycol Ether Market 2016 - 2024
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P e r s i s t e n c e M a r k e t R e s e a r c h<br />
Report Media Releases<br />
<strong>Glycol</strong> <strong>Ether</strong> Revenue Sales to Reach US$ 10.09 Bn by<br />
<strong>2024</strong> End, P-series <strong>Ether</strong>s Will Gain Significant Traction in<br />
<strong>Glycol</strong> <strong>Ether</strong> Msarket<br />
In a recently published market research report titled “<strong>Glycol</strong> <strong>Ether</strong> <strong>Market</strong>: Global Industry<br />
Analysis and Forecast, <strong>2016</strong>–<strong>2024</strong>,” a Persistence <strong>Market</strong> Research analyst concludes, “The<br />
US$ 6 Bn glycol ether market is slated to exceed a value of US$ 10 Bn by the end of <strong>2024</strong>,<br />
expanding at a CAGR of over 6%. Volume-wise, the market will witness a moderate CAGR of<br />
5.4% over the eight-year period. Asia Pacific and Europe will remain the key markets.”<br />
By the end of <strong>2024</strong>, the global market for glycol ether is expected to reach US$ 10.09 Bn.<br />
Overall growth outlook remains positive; the report elaborates on various influential factors<br />
associated with historic, current, and futuristic market status.<br />
A sample of this report is available upon request<br />
@ http://www.persistencemarketresearch.com/samples/4429<br />
Key Driver Insights<br />
Growing consumption by various end-use industries will remain the primary factors driving<br />
the sales of glycol ether. Rising introduction of new variant products with the help of a wide<br />
variety of eco-friendly and renewable technologies will be another key driver to market<br />
growth. Development of innovative, cost-effective products is anticipated to further boost<br />
the market for glycol ether.<br />
PCE is widely used in degreasing and dry cleaning but is not eco-friendly and is hazardous to<br />
human health. Some forms of glycol ether on the market are identified to be the relatively<br />
decent alternatives to PCE, eventually fueling their demand in the market over the next few<br />
years.<br />
Key Trend & Opportunity Insights<br />
Several governments are increasingly promoting the use of P-series glycol ethers over the use<br />
of E-series glycol ethers. This trend is likely to present new opportunities for leading players.<br />
In addition to paints, coatings & adhesives, cleaners, printing inks, and cosmetic sectors are<br />
also registering significant consumption of glycol ethers.<br />
Flourishing cleaners, printing inks and electronics & semiconductor sectors will also continue<br />
to bring in new growth opportunities. Moreover, as manufacturing and healthcare industries<br />
continue to thrive at pace, the demand for cleaning chemicals will also remain on the rise<br />
<strong>Glycol</strong> <strong>Ether</strong> <strong>Market</strong> <strong>2016</strong> - <strong>2024</strong>
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