Glycol Acetate Market Estimated To Record Highest Cagr By 2031

Market Overview

The escalating growth of paint & coatings and printing & ink industries is anticipated to drive the growth of the glycol acetate market in the forecast period. Increasing demand for eco-friendly and non-toxic waterborne coatings in a variety of industrial applications such as packaging, protective coatings, and others are driving the growth of the glycol acetate market in the forecast period.

Better adhesion and low surface tension properties increase the demand for glycol acetate in several industries. The glycol acetate market is estimated to grow but from a smaller base. Increasing industrial applications of waterborne coatings are expected to drive its demand across the globe. Key players in the glycol acetate market are focusing on increasing awareness about their product portfolio, which helps them to enhance their market presence across the globe.

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Waterborne Coatings a Bright Spot for the Glycol Acetate Market

Due to increasing awareness about environmental impact, the demand for environment-friendly, green construction is on the rise across the globe. Governments are stepping up efforts to reduce carbon emissions from construction activities, which is driving the demand for waterborne coatings. The increasing usage of waterborne latex coatings in the industrial sector will boost the demand for glycol acetate across the globe.

The high growth of industrial activities coupled with increasing penetration of printing application of glycol acetate is expected to drive the glycol acetate market growth over the forecast period. Additionally, the widening applications of glycol acetate due to several innovations in various industries are expected to bring future opportunities.

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Glycol Acetate Market Segmentation

Global glycol acetate market can be segmented on the basis of type and end-use industry.

On the basis of type, the glycol acetate market can be segmented as:

• Propyl Glycol Acetate
• Butyl Glycol Acetate
• Others

On the basis of end-use industry, the glycol acetate market can be segmented as:

• Paints & Coatings
• Printing & Inks
• Cosmetic & Personal Care
• Electronics
• Others

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Glycol Acetate Key Market Players

Manufacturers are employing advanced coating technologies in order to enhance efficiency of waterborne coatings. Players are targeting a wide range of applications, by introducing more advanced coating and pigment technologies. Leading players in the glycol acetate market are mentioned below:

• Dow Chemicals
• Solventis
• Asia Pacific Petrochemical Co., Ltd.
• KH Chemicals
• Dhalop chemicals
• Pure Chemicals Co.
• Tokyo Chemical Inc
• Fortune Chemicals Limited
• Saanvi Corp

The glycol acetate market report covers exhaustive analysis on:

• Glycol Acetate Market Segments
• Glycol Acetate Market Dynamics
• Glycol Acetate Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain

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