Global Diethylene Glycol Ethyl Methyl Ether Market - Growth Rate, Revenue Forecasting and Share 2027


Posted January 17, 2022 by kenresearchcompany

Global Diethylene Glycol Ethyl Methyl Ether Market- Share, Size, Type, Countries, Future Prospects, Competitive Situation with Gross Margin, and Forecast Period by 2027
 
Diethylene glycol ethyl methyl ether, or DEME, is an organic solvent with the chemical formula as C7H16O3. It belongs to glycol ether group. It is a kind of polyhydric alcohol ether which has the high boiling point. Moreover, it is also one of important derivatives of ethylene glycol and Diethylene Glycol. It is a colorless and the clear liquid with the boiling point of 179 °C also widely known as 1-ethoxy-2-(2-methoxyethoxy)ethane, Diethylene glycol ethyl methyl ether, ethylmethylether diethylenglykolu , Trioxadecane and Ethane,1-ethoxy-2-(2-methoxyethoxy). It also has a good solubility & can be used as gas absorbent, extractor and paint stripper. In addition, it is also used in electronic chemical industry for the non-aqueous electrolyte solvent by substituting the water, electro-chemical equipment, rechargeable battery and electrolyte reaction of organic compound, etc.

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Referring to the study, “Global Diethylene Glycol Ethyl Methyl Ether (DEME, CAS 1002-67-1) Market, 2021-2027” some of the key companies that are presently operating in the global Diethylene Glycol Ethyl Methyl Ether market include Jiangsu Dynamic Chemical Co., Ltd., Anhui Lixing Chemical Co., Ltd., TOHO Chemical Industry Co., Ltd., Lianyungang Ruiwei Chemical Co., Ltd., Shuyang Hengrun Fine Chemical Co., Ltd. and among others. Companies are continuously determined to develop new & advanced methods for manufacturing such chemicals. Furthermore, the development of novel processes to produce the diethylene glycol ethyl methyl ether and emergence of new applications are likely to further propel the market during the forecast period.

Based on application, diethylene ‘Global Diethylene Glycol Ethyl Methyl Ether Market’ can be categorized as adhesives, miscellaneous, coatings and electronics. Coatings segment is predicted to exhibit higher growth rate because of excellent properties of diethylene glycol ethyl methyl ether as a solvent in coatings during the forecast period.

Rise in demand for diethylene glycol ethyl methyl ether in the paints & coatings industry, followed by easy availability of raw materials and growth in consumer spending are some major factors, which are responsible for growth of the diethylene glycol ethyl methyl ether market. Apart from this, volatility in prices of raw materials of diethylene glycol ethyl methyl ether may impact the market. Additionally, the rapid development of a new process for the production of diethylene glycol ethyl methyl ether and its increasing application in various industry verticals offer significant opportunities for the world market.

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Based on regional analysis, the Asia-Pacific is a leading region in global diethylene glycol ethyl methyl ether market owing to rapid infrastructural development, growth in population and rise in demand from paint & coating industry across the region. The North-America and Europe regions are estimated to witness higher growth rate due to presence of leading chemical companies and rapid growth in construction activities in emerging economies over the forecast period. It is expected that future of the global diethylene glycol ethyl methyl ether market will be optimistic on account of rise in usage of paints & coatings coupled with growth in demand from various end-use industries during the forecast period.

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Last Updated January 17, 2022