Ethoxydiglycol Market Outlook -2030
Ethoxydiglycol is better known as diethylene glycol monoethyl ether, is a cosmetic grade solvent. It is soluble in both water and oil. Ethoxydiglycol is mostly used to dissolve ingredients to decrease thickness. This solvent is most commonly used for the production of skin care products where it acts as an outstanding solvent and carrier. Ethoxydiglycol is largely used solvent or co-solvent, which can be utilized in hydrophilic or lipophilic state due to its solubility in ethanol, propylene glycol, vegetable oils, water, and butylene glycol. It finds usage in hair and skin care products, eye and facial makeup, fragrances, personal hygiene products, and shaving products. Ethoxydiglycol even assure distribution of ingredients in the product to help it give better effect. A solubilizer for instance ethoxydiglycol is used to keep the product preparation well mixed.
COVID-19 Impact analysis
- During the pandemic ethoxydiglycol market has witnessed fall in demand owing to supply chain disruptions in the cosmetics industry, which is considered as the major application area for ethoxydiglycol.
Top Impacting Factors
Cosmetics and personal care are one of the key applications of ethoxydiglycol. Ethoxydiglycol is utilized in cosmetics and personal care formulations as a solving agent and efficacy booster. Ethoxydiglycol market has witnessed rapid growth from the past few years as it adds important features to the final products, which is to be ultimately bought by the customers. Owing to these added elements, people are easily drawn to the marketing of active elements present in the product. The other key influence resulting in the rise of personal care chemicals is the increased purchasing power of middle-class consumers. The increased in environmental and health concerns among consumers has constrained the cosmetics industry to offer eco-friendly products that do not affect the environment as well as human health.
Market Trends
- The increasing number of new beauty items and the concern for good appearance, has led to the significant increase in the market for beauty products and cosmetics. The Asia-Pacific region has become one of the largest manufacturers and consumers of ethoxydiglycol. The production has reached new heights, and the region has become a major hub for exporting cosmetics and personal care products to developed & developing nations, such as the U.S.
- At the current state, reach of personal care products in India is comparatively lower when compared to developed or even other developing countries. Nonetheless, improving economic environment and rising purchasing power of the Indian population is anticipated to give rise to the adoption of personal care products in the country.
- Technology arrivals, acquisitions and R&D work are some of the major strategies taken by players in the ethoxydiglycol market. In 2019, the market of ethoxydiglycol has been consolidated by the top five players accounting for the most of the ethoxydiglycol market share.
Key Benefits of the Report
- This study presents the analytical depiction of the ethoxydiglycol industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the ethoxydiglycol market share.
- The current market is quantitatively analyzed to highlight the ethoxydiglycol market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed ethoxydiglycol market analysis based on competitive intensity and how the competition will take shape in coming years
Questions answered in the ethoxydiglycol market Report
- Who are the leading market players active in the ethoxydiglycol market?
- What current trends will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What future projections would help in taking further strategic steps?
- What is "ethoxydiglycol Market"?
- What does "ethoxydiglycol Market" allow organizations to achieve?
Ethoxydiglycol Market Report Highlights
| Aspects | Details |
 By Grade |
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 By Application |
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 By Region |
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 Key Market Players | Wacker Chemie AG., Kowa Company Ltd., Adeka Corporation, Sumitomo Seika Chemicals Co., Ltd., OQ Chemicals, AECI Group, Eastman Chemical Company, Nantong Acetic Acid Chemical Plant, Shanxi Huatai Chemical Co. Ltd., Huayi Chemical Co., Ltd. |
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