2-Butoxyethanol (also known as BG, butyl glycol, glycol monobutyl ether and ethylene glycol monobutyl ether) is an organic solvent with the formula C6H14O2. It has been produced commercially for over half a century where it is most commonly used in the paint industry. This is because it is a low volatility solvent and it can therefore both extend the drying times of coatings and improve their flow. Other applications include use as a solvent in printing inks and textile dyes and as a component of hydraulic fluids. It is also a component of drilling and cutting oils. The analysts forecast the global 2-butoxyethanol market to exhibit a CAGR of 4.56% during the period 2019-2024. The report covers the present scenario and the growth prospects of the global 2-butoxyethanol for 2019-2024. To calculate the market size, the report considers the 2-butoxyethanol sales volume and revenue.
The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: regional markets, and application.
Geographically, the global 2-butoxyethanol market is segmented into North America, Asia Pacific, Europe, Middle East & Africa and South America. This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2024.
- North America (U.S., Canada, Mexico, etc.)
- Asia-Pacific (China, Japan, India, Korea, Australia, Indonesia, Taiwan, Thailand, etc.)
- Europe (Germany, UK, France, Italy, Russia, Spain, etc.)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, Egypt, Nigeria, UAE, Israel, South Africa, etc.)
- South America (Brazil, Argentina, Colombia, Chile, Venezuela, Peru, etc.)
Based on application, the 2-butoxyethanol market is segmented into:
- Coatings & Paints
- Printing Inks
- Chemical Intermediates
The report also includes a discussion of the key vendors operating in this market. Some of the leading players in the global 2-butoxyethanol market are:
- Avid Organics Pvt. Ltd.
- BASF SE
- CAC Nantong Chemical Co., Ltd.
- Celanese Corporation
- Dow Chemical Company
- Eastman Chemical Company
- Jiangxi Tianyu Chemical Co., Ltd.
- LyondellBasell Industries N.V.
- Water Chemical Co., Ltd.
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Objective of the study:
- To analyze and forecast the market size of global 2-butoxyethanol market.
- To classify and forecast global 2-butoxyethanol market based on region, and application.
- To identify drivers and challenges for global 2-butoxyethanol market.
- To examine competitive developments such as expansions, mergers & acquisitions, etc., in global 2-butoxyethanol market.
- To conduct pricing analysis for global 2-butoxyethanol market.
- To identify and analyze the profile of leading players operating in global 2-butoxyethanol market.
The report is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities. Key target audience are:
- Manufacturers of 2-butoxyethanol
- Raw material suppliers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to 2-butoxyethanol
The information contained in this report is based upon both primary and secondary sources. Primary research included interviews with 2-butoxyethanol suppliers and industry experts. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports, and proprietary databases.