Diethylene Glycol Monomethyl Ether Market – Trends, Regulations And Competitive Landscape Outlook to 2025

Global Diethylene Glycol Monomethyl Ether Market: Overview

Diethylene glycol monomethyl ether is an item gotten from ethylene oxide and methanol. Artificially, it is otherwise called methyl diglycol or 2-hydroxy-2-methoxy-diethyl ether. Industrially, it is known as methyl carbitol. Diethylene glycol monomethyl ether is a dissolvable which is great for application in different saps and glues. It is a non-unstable dissolvable and henceforth, it is utilized distinctly in unique veneer details. It is utilized chiefly in nitrocellulose enamels in order to improve qualities of veneers. It very well may be effectively balanced out with the utilization of little amounts of added substances, for example, 2, 6-ditert-butyl-4-methylphenol (0.005%). Diethylene glycol monomethyl ether has magnificent weakening limit. It is used in the avionics business as FSII (fuel framework icing inhibitor), which is additionally called enemy of icing or dicing specialist. It is additionally utilized in the printing ink industry and in the creation of ballpoint pen ink.

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In addition to uses listed above, diethylene glycol monomethyl ether is used for applications such as architectural coatings, brake fluids, graphic arts, institutional cleaners, process solvents, protective coatings, textile, and wood coatings.

Global Diethylene Glycol Monomethyl Ether Market: Drivers and Restraints

Rise in the demand for diethylene glycol monomethyl ether in the paints & coatings industry and its extensive use in the petrochemicals industry are factors augmenting the diethylene glycol monomethyl ether market. This is prompting companies to increase the production of diethylene glycol monomethyl ether. Additionally, easy availability of raw materials is anticipated to boost the demand for diethylene glycol monomethyl ether in the near future.

The global diethylene glycol monomethyl ether market is witnessing technological advancements. Companies are constantly striving to develop new and better methods to manufacture these chemicals. Development of new processes for the manufacture of diethylene glycol monomethyl ether and emergence of its applications are estimated to propel the market in the next few years. However, volatility in prices of raw materials is projected to hamper the market during the forecast period.

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Based on application, the diethylene glycol monomethyl ether market can be segmented into de-icing additives, solvents, coupling agents, deactivators & stabilizers, and others. The solvents segment dominates the market, owing to extensive use of diethylene glycol monomethyl ether as a solvent in various applications in developing economies such as India and China.

Based on end-use industry, the diethylene glycol monomethyl ether market can be divided into paints & coatings, petrochemicals, textile, agriculture, and others. The paints & coatings segment dominates the market owing to excellent properties of diethylene glycol monomethyl ether as a solvent in paint and coatings.

Global Diethylene Glycol Monomethyl Ether Market: Regional Outlook

Based on geography, the global diethylene glycol monomethyl ether market can be classified into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is anticipated to constitute a key share of the global market during the forecast period. The market in Asia Pacific is estimated to expand at a significant pace from 2018 to 2026, due to rise in the demand for diethylene glycol monomethyl ether in the textile industry in the region. Middle East & Africa is likely to be an attractive market for diethylene glycol monomethyl ether during the forecast period, due to increase in the demand for the chemical in the paints & coatings industry in the region.

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