市場調査レポート
商品コード
1244326
ブチルグリコールの世界市場:市場規模、シェア、成長分析、機能別(溶剤、凝集剤)、用途別(塗料、コーティング)-産業予測(2022年~2028年)Global Butyl Glycol Market Size, Share, Growth Analysis, By Function(Solvent, Coalescing Aid), By Application(Paints, Coatings) - Industry Forecast 2022-2028 |
ブチルグリコールの世界市場:市場規模、シェア、成長分析、機能別(溶剤、凝集剤)、用途別(塗料、コーティング)-産業予測(2022年~2028年) |
出版日: 2022年11月28日
発行: SkyQuest
ページ情報: 英文 157 Pages
納期: 3~5営業日
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世界のブチルグリコールの市場規模は、2021年の8億3,000万米ドルから、2028年には11億7,000万米ドルになると予測されており、2022年から2028年までの予測期間中のCAGRは5.0%となっています。塗料需要の増加、厳しい政府規制高価な原材料は、市場の成長を抑制しています。
当レポートでは、世界のブチルグリコール市場について調査しており、市場概要、市場分析、企業プロファイルなど、包括的な情報を提供しています。
Global Butyl Glycol Market was valued at USD 0.83 Billion in 2021, and it is expected to reach a value of USD 1.17 Billion by 2028, at a CAGR of 5.0% over the forecast period (2022 - 2028).
The butyl glycol market is expected to increase moderately in the foreseeable future despite restricted environmental regulations. It appears that exposure to butyl glycol is having a detrimental effect on vocations as more data become available. Butyl glycol is predicted to have stable growth over the next years due to the increased demand for paints and coating materials in developed and target countries, like the US. Since demand is anticipated to rise significantly over the next five years, the sector will continue to utilise the multiple butyl glycol uses.
Top-down and bottom-up approaches were used to estimate and validate the size of Global Butyl Glycol Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Segments covered in this report
The Global Butyl Glycol Market is segmented based on Function, Application, and Region. Based on the Function, the market is segmented as Solvent, Coalescing Aid, Chemical Intermediate, Plasticizer, Other. Based on the Application, the market is segmented as Paints and Coatings, Printing Inks, Metal Working Fluid, Polymer & Plastics, Others. Based on Region it is categorized into North America, Europe, Asia-Pacific, Latin America, and MEA.
Driver
A rise in paint demand would put pressure on the global butyl glycol market
The demand for butyl glycol to be utilised in the production of water-based paint and coatings is rising as a result of the expansion of the global paint and coatings industry. Major manufacturers are interested in developing technology solutions that are specifically tailored to meet commercial needs. The availability of butyl glycol substitutes could also cause the global butyl glycol market to stagnate.
With the help of strict government regulations and expensive raw materials, the global market for butyl glycol can be hampered. Butyl glycol is listed under Neath the Toxics Release Inventory due to its toxic character (TRI). Short-term exposure to butyl glycol may also result in pulmonary edoema or necrosis, whereas long-term exposure may also result in a number of chronic illnesses such nausea, anorexia, anaemia, and harmful reproductive abnormalities. The global market for butyl glycol is anticipated to be constrained for the duration of the forecast period by rising environmental safety developments, the production of high-quality and environmentally friendly products, advancing technology, and the reformulation of recent products.
Restraint
Despite a significant increase in demand, butyl glycol is expected to experience a slight fall in demand because of its detrimental effects on humans when exposed. Industrial workers have been noted to suffer from chronic conditions like nausea, renal damage, and liver damage. Regulators are also passing amendments that restrict the use and import of butyl glycol and its parent substance in an effort to solve this issue. Throughout the course of the projection period, it is anticipated that the creation of high-quality, environmentally friendly products, rising technologies, and the reformulation of new products would all have a detrimental effect on the global butyl glycol market.
Market Trends
Instead of generic product improvement, butyl glycol market participants are increasingly customising their offerings to fit the demands of specific applications. Butyl glycol is also a raw material used to create a variety of products, including fibre glass, carpets, furniture, pillows, and garments made of polyester fabric. Moreover, the creation of other products, such as polyethylene terephthalate, uses these goods. Most produced things are recyclable and reasonably priced. These characteristics make it a sustainable choice, which is causing the demand for butyl alcohol to increase.