A New Future Market Insights Report Forecasts the Impact of COVID-19 Pandemic on Butyl Glycol Market Growth Post 2021
A New Future Market Insights Report Forecasts the Impact of COVID-19 Pandemic on Butyl Glycol Market Growth Post 2021
Published by mark itwired
Posted on August 17, 2021
Butyl glycol also known as 2-Butoxyethanol is acolourless, slightly
hygroscopic, neutral, high-boiling, low-volatility liquid with a mild
odour that is used as a solvent and starting material for many
reactions. In addition to that, it is used as a solvent for aqueous
coating systems (water-based paints). Butyl glycol belongs to the family
of glycol ethers. Glycol ethers consist of two components, an alcohol
andether. According to the nature of alcohol, molecules of this class
can be divided into two groups: E series and P series which correspond
to ethylene and propylene respectively. Butyl glycol belongs to E series
of glycol ethers. Butyl glycol is miscible with water and common
organic solvents in all proportions at room temperature. It shows the
reactions typically shown by alcohols, such as esterification,
etherification, oxidation and formation of acetates and like most
ethers, it forms peroxides in the presence of atmospheric oxygen.
The growth of water-based coatings that use glycol ethers as
coalescing agents has been the major factor behind the growth of the
butyl glycol market. In the major regions of the world, growth has been
primarily for the butyl products such as butyl glycol; the methyl and
ethyl product groups have been in decline. This decline has been
primarily due to the increased concern about the toxicological effects
of some ethylene oxide–based glycol ethers. Butyl glycol is a mildly
hazardous chemical owing to which, care must be taken during its
handling.
Based on geography, the market of butyl glycol can be segmented as
follows: In 2009, the United States was the world’s largest producer,
consumer and exporter of E-series glycol ethers, including butyl glycol;
however, by 2013, China became the largest consumer, followed by the
United States, Western Europe and Japan. The United States continues to
be the largest producer and exporter of butyl glycol. According to
market forecasts, growth in butyl glycol consumption will be greatest in
China, during 2013–2018, followed by the Middle East and other
countries in Asia (excluding China and Japan) .
Butyl glycol is used as a solvent in ink and coating industry. It is
also used as a solvent in lacquer thinners. Butyl glycol is a low
volatility solvent, hence it is used to extend the drying time of
coatings and it is also used to increase their flow properties. It is
very useful for paints based on cellulose nitrate or cellulose ethers.
It improves the brushability of certain paints such as alkyd resin
paints and reduces their viscosity. Additionally, it improves the flow
of urea and melamine Butyl glycol lowers the minimum film forming
temperature and improves the evaporation behavior of the volatile
constituents during hot air or infra red drying. Further application of
butyl glycol are: it is used as a solvent in printing inks, it is a
component in surface cleaners and is used to degrease metal surfaces, it
is component in hydraulic fluids and drilling oils, it is used as an
accelerator in the manufacture of butyl glycol acetate which is also a
solvent and it is also used an acceleratorfor the production of
plasticizers among others.
The major players in the market of butyl glycol are: Eastman
Chemicals Co, LyondellBasell, BASF AG, Asia Pacific Petrochemicals Co
Ltd, Dow Chemicals, Parsidan Chemicals Co, Paras Dyes and Chemicals,
Beijing East Guangming Chemical Co., Ltd. and QingdaoSanlianxiang
Chemical Co., Ltd among others.
This research report presents a comprehensive assessment of the
market and contains thoughtful insights, facts, historical data and
statistically-supported and industry-validated market data and
projections with a suitable set of assumptions and methodology. It
provides analysis and information by categories such as market segments,
regions, product types and distribution channels.
Amines Market FMI’s
analysis gives an insight into key market trends, strategies, regional
players and various segments on the basis of form, type, application and
region.
Firearm Lubricants Market Find insights into global market scenario and segmentation on the basis of ingredients, application, source and region.
Specialty Silica Market FMI’s
report highlights parent market trends and strategies in the market
with segments and dynamics through the forecast period (2019-2029).
About FMI
Future Market Insights (FMI) is a leading provider of market
intelligence and consulting services, serving clients in over 150
countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and
industry analysis help businesses navigate challenges and make critical
decisions with confidence and clarity amidst breakneck competition. Our
customized and syndicated market research reports deliver actionable
insights that drive sustainable growth. A team of expert-led analysts at
FMI continuously tracks emerging trends and events in a broad range of
industries to ensure that our clients prepare for the evolving needs of
their consumers.
Butyl glycol also known as 2-Butoxyethanol is acolourless, slightly hygroscopic, neutral, high-boiling, low-volatility liquid with a mild odour that is used as a solvent and starting material for many reactions. In addition to that, it is used as a solvent for aqueous coating systems (water-based paints). Butyl glycol belongs to the family of glycol ethers. Glycol ethers consist of two components, an alcohol andether. According to the nature of alcohol, molecules of this class can be divided into two groups: E series and P series which correspond to ethylene and propylene respectively. Butyl glycol belongs to E series of glycol ethers. Butyl glycol is miscible with water and common organic solvents in all proportions at room temperature. It shows the reactions typically shown by alcohols, such as esterification, etherification, oxidation and formation of acetates and like most ethers, it forms peroxides in the presence of atmospheric oxygen.
The growth of water-based coatings that use glycol ethers as coalescing agents has been the major factor behind the growth of the butyl glycol market. In the major regions of the world, growth has been primarily for the butyl products such as butyl glycol; the methyl and ethyl product groups have been in decline. This decline has been primarily due to the increased concern about the toxicological effects of some ethylene oxide–based glycol ethers. Butyl glycol is a mildly hazardous chemical owing to which, care must be taken during its handling.
Based on geography, the market of butyl glycol can be segmented as follows: In 2009, the United States was the world’s largest producer, consumer and exporter of E-series glycol ethers, including butyl glycol; however, by 2013, China became the largest consumer, followed by the United States, Western Europe and Japan. The United States continues to be the largest producer and exporter of butyl glycol. According to market forecasts, growth in butyl glycol consumption will be greatest in China, during 2013–2018, followed by the Middle East and other countries in Asia (excluding China and Japan) .
Butyl glycol is used as a solvent in ink and coating industry. It is also used as a solvent in lacquer thinners. Butyl glycol is a low volatility solvent, hence it is used to extend the drying time of coatings and it is also used to increase their flow properties. It is very useful for paints based on cellulose nitrate or cellulose ethers. It improves the brushability of certain paints such as alkyd resin paints and reduces their viscosity. Additionally, it improves the flow of urea and melamine Butyl glycol lowers the minimum film forming temperature and improves the evaporation behavior of the volatile constituents during hot air or infra red drying. Further application of butyl glycol are: it is used as a solvent in printing inks, it is a component in surface cleaners and is used to degrease metal surfaces, it is component in hydraulic fluids and drilling oils, it is used as an accelerator in the manufacture of butyl glycol acetate which is also a solvent and it is also used an acceleratorfor the production of plasticizers among others.
The major players in the market of butyl glycol are: Eastman Chemicals Co, LyondellBasell, BASF AG, Asia Pacific Petrochemicals Co Ltd, Dow Chemicals, Parsidan Chemicals Co, Paras Dyes and Chemicals, Beijing East Guangming Chemical Co., Ltd. and QingdaoSanlianxiang Chemical Co., Ltd among others.
This research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, product types and distribution channels.
Amines Market FMI’s analysis gives an insight into key market trends, strategies, regional players and various segments on the basis of form, type, application and region.
Firearm Lubricants Market Find insights into global market scenario and segmentation on the basis of ingredients, application, source and region.
Specialty Silica Market FMI’s report highlights parent market trends and strategies in the market with segments and dynamics through the forecast period (2019-2029).
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.