The global butyl glycol market size was valued at USD 960.1 million in 2022 and is poised to grow at a significant CAGR of 5.3% during the forecast period 2023-29. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the butyl glycol market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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The global butyl glycol market segmentation:
1) By Function: Solvent, Coalescing Aid, Chemical Intermediate, Plasticizer, and Others.
2) By Application: Paints and Coatings, Printing Inks, Metal Working Fluid, Polymer Plastics, and Others.
3) By End User: Building Construction, Automotive Industry, Chemicals Industry, Electrical Electronics, Agriculture, Cleaning, Oil Gas, and Others.
The primary factors of the butyl glycol market drivers are the increasing demand for polyester films and pu adhesives. The butyl glycol market report helps to provide the best results for business enhancement and business growth. It further helps to obtain the reactions of consumers to a novel product or service. It becomes possible for business players to take action for changing perceptions. It uncovers and identifies potential issues of the customers. It becomes easy to obtain the reactions of the customers to a novel product or service. It also enlightens further advancement, so it suits its intended market.
The butyl glycol market research report gives a comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Asia Pacific was the largest region in the butyl glycol market report, accounting for the highest share in 2021. It was followed by North America, and then the other, regions.
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The important profiles and strategies adopted by butyl glycol market key players are Sadara Chemical Company, Anshika Polysurf Ltd., Nippon Nyukazai Co. Ltd., Lotte Chemical Corporation, Lyondell Basell Industries N.V., Eastman Chemical Corporation, Asia Pacific Petrochemicals Co Ltd, Dow Chemical Company, BASF SE, KH Chemicals, Solventis, INEOS, covered here to help them in strengthening their place in the market.
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