North America Glycol Ethers Market Size, Share, and COVID-19 Impact Analysis, By Product (E-Series and P-Series), By Application (Paints & Coatings, Printing, Pharmaceuticals, and Electronics), and North America Glycol Ethers Market Insights, Industry Trend, Forecasts to 2033

North America Glycol Ethers Market Insights Forecasts to 2033

• The North America Glycol Ethers Market is growing at a CAGR of 6.3% from 2023 to 2033
• The North America Glycol Ethers Market Size is Expected to Hold a Significant Share by 2033.

The North America Glycol Ethers Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 6.3% from 2023 to 2033.

Market Overview

The North America glycol ethers market refers to the industry involved in producing, distributing, and consuming glycol ethers, which are solvents derived from ethylene and propylene oxides. These compounds are widely utilized in various applications, including paints and coatings, pharmaceuticals, personal care products, and industrial cleaners, owing to their excellent solvency, low volatility, and high chemical stability. The market is primarily driven by the expanding construction and automotive sectors, which require glycol ethers to formulate paints, coatings, and adhesives. Additionally, the growing demand for water-based coatings, supported by stringent environmental regulations, is further propelling market growth. The rising adoption of glycol ethers in the personal care industry, particularly in cosmetic and skincare formulations, also contributes to market expansion. Government initiatives aimed at promoting environmentally friendly and low-VOC (volatile organic compound) solvents are significantly influencing market dynamics. Regulatory bodies such as the Environmental Protection Agency (EPA) in the United States have implemented stringent guidelines to curb emissions from industrial solvents, fostering the shift toward eco-friendly alternatives. Moreover, investments in sustainable manufacturing practices and research into bio-based glycol ethers are gaining momentum, further shaping the market landscape.

Report Coverage

This research report categorizes the market for the North America glycol ethers market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America glycol ethers market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America glycol ethers market.

Driving Factors

The North America glycol ethers market is driven by increasing demand from key end-use industries such as construction, automotive, and personal care. The rising adoption of water-based coatings, driven by stringent environmental regulations, is a major growth factor. Expanding industrial and household cleaning applications further contribute to market expansion. Additionally, advancements in bio-based glycol ethers and growing awareness regarding sustainable solvents are influencing market trends. Regulatory policies from agencies such as the Environmental Protection Agency (EPA) are promoting the use of low-VOC and eco-friendly alternatives, encouraging manufacturers to develop sustainable solutions and enhance product innovation.

Restraining Factors

Stringent environmental regulations on certain glycol ether variants, fluctuating raw material prices, and health concerns associated with prolonged exposure to specific glycol ethers pose challenges. Additionally, the availability of alternative solvents limits market growth in certain applications.

Market segmentation

The North America glycol ethers market share is classified into products and applications.

• The P-series segment is expected to hold the largest market share through the forecast period.   

The North America glycol ethers market is segmented by product into E-series and P-series. Among these, the P-series segment is expected to hold the largest market share through the forecast period. This dominance is primarily attributed to the increasing demand for low-toxicity and environmentally friendly solvents across various industries, including paints and coatings, pharmaceuticals, personal care, and cleaners.

• The paints & coatings segment is expected to hold the largest market share through the forecast period.

The North America glycol ethers market is segmented by application into paints & coatings, printing, pharmaceuticals, and electronics. Among these, the paints & coatings segment is expected to hold the largest market share through the forecast period. This dominance is driven by the expanding construction and automotive industries, where glycol ethers are widely used as solvents in water-based paints, varnishes, and coatings.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America glycol ethers market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• BASF SE
• LyondellBasell Industries Holdings B.V.
• Eastman Chemical Company
• Dow Chemical Company
• Ineos Oxide
• SABIC
• NIPPON NYUKAZAI CO., LTD.
• Sasol
• FBC Chemicals
• KH Neochem Co. Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the North America glycol ethers market based on the below-mentioned segments:

North America Glycol Ethers Market, By Product

• E-Series
• P-Series

North America Glycol Ethers Market, By Application

• Paints & Coatings
• Printing
• Pharmaceuticals
• Electronics