Ethoxydiglycol Market - Forecast(2023 - 2028)

Report Code: CMR 90754 Report Format: PDF + Excel

Overview

Ethoxydiglycol Market size is forecast to reach $XX by 2025, after growing at a CAGR of 4.2% during 2020-2025. Ethoxydiglycol, also known as diethylene glycol monethyl ether, is a cosmetic grade solvent which is soluble in ethanol. Ethoxydiglycol is a component of wood stains for wood, for setting the twist and conditioning yarns and cloth in textile soaps, textile printing, and lacquers and is primarily used to dissolve ingredients to decrease viscosity. Due to its wide application in skin and hair care products, facial and eye makeup, personal cleanliness products, fragrances, and shaving products, ethoxydiglycol market is expected to grow during the forecast period.

Report Coverage

The report: “Ethoxydiglycol Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Ethoxydiglycol Industry.


Key Takeaways

  • Increase in awareness among consumers about personal hygiene and increase in per capita spending on personal care products are anticipated to boost demand for ethoxydiglycol during the forecast period.
  • The primary factor driving the cosmetic industry include growing demand from the ethnic groups for beauty products that are tailored according to their needs.
  • With the growth in the purchasing power of the people especially the middle class, the demand for products like anti-ageing formulas and hair removal items has grown.

By End User - Segment Analysis

Personal care and cosmetics segment held the largest share of the ethoxydiglycol market in 2019 growing at a CAGR of 4.5% during the forecast period. Ethoxydiglycol is an odorless liquid used mainly as a superior solubilizer and efficacy booster for cosmetic active ingredients such as skincare bigshot vitamin C, self-tanning active DHA or the anti-acne gold standard, benzoyl peroxide. Other than that it can also be used in hair care products where it gives a longer-lasting and more uniform coloring. It even prevents the formation of split ends. Ethoxydiglycol is widely used for skincare product preparations where it acts as an excellent solvent and carrier. Ethoxydiglycol ensures even distribution of ingredients in the product to help it provide a better effect.

Geography - Segment Analysis

Asia Pacific dominated the ethoxydiglycol market with a share of more than 35% during the forecast period. In various countries such as China and India, high investments are being made in R&D. The health and hygiene at the workplace, household and in industries achieve the living standards and life expectancy that most people in APAC enjoy today. It nurtures wellness among people and helps family to stay healthy and avoid illness. Companies in the professional cleaning sector of the International Association for Soaps, Detergents and Maintenance Products (AISE) contribute to securing high levels of cleanliness and where appropriate disinfection in any place outside the home, helping to reduce or eliminate contact with serious and potentially fatal infection agents.

North America and Europe holds a significant share of the ethoxydiglycol market. According to Cosmetics Europe Association the cosmetic and personal care industry in Europe was valued at $93.06 billion at retail sales price in 2017. Scientists in Europe is developing products through reformulations and the adoption of traditional procedures for innovating new cosmetic products. The European Scientists are using materials at a molecular level to develop whole new generation products, not only for cosmetic products such as sun creams but also medicines, electronics, and telecoms. The European Union Cosmetics Regulation is another factor driving the market. As the adulteration and harmful chemical content are making the risk assessment high.

Drivers – Ethoxydiglycol Market

·         Rising awareness of personal well-being and grooming among consumers

Ethoxydiglycol market has observed rapid growth from the past few years as the middle-class consumers get easily attracted to the marketing of active ingredients present in the product. The other major influence resulting in the growth of personal care chemicals is the augmented purchasing power of middle-class consumers. The rise in environmental and health concerns among consumers has forced the cosmetics industry to offer eco-friendly products that do not harm the environment as well as human health.

Challenges – Ethoxydiglycol Market

·         Unstable properties of the chemicals used in personal care industry

The major drawback of ethoxydiglycol market is the unstable properties of the chemicals like active ingredients. The formulations of active ingredients are unstable. Thus they may disintegrate rapidly in certain formulations which are complex and contain many other ingredients.

Therefore, the safe and stable incorporation of these ingredients in the final product many times becomes a risky and cost-intensive process. Also, the consumer's shift towards natural ingredients may also threaten the growth of the market.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the ethoxydiglycol market. In 2019, the market of ethoxydiglycol has been consolidated by the top five players accounting for xx% of the ethoxydiglycol market share. Major top 10 companies of ethoxydiglycol market are BASF SE, DowDuPont Inc., Thermo Fisher Scientific, Eastman Chemical Company, Merck KGaA, LyondellBasell Industries Holdings B.V., Ineos Oxide Ltd., Alzo International Inc. and Finetech Industry Limited among others.

Acquisition

  • In May 2019, Solabia Group acquired Algatech Ltd., a innovative leader in the development, cultivation and commercialisation of ingredients delivered from microalgae and used by leading food supplement, food and cosmetic brands worldwide.

1. Ethoxydiglycol Market - Overview
        1.1 Definitions and Scope
2. Ethoxydiglycol Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Ethoxydiglycol Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Ethoxydiglycol Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Ethoxydiglycol Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Ethoxydiglycol Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Ethoxydiglycol Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Ethoxydiglycol Market - By Product Type(Market Size -$Million / $Billion)
9. Ethoxydiglycol Market - By Type(Market Size -$Million / $Billion)
10. Ethoxydiglycol - By End-user(Market Size -$Million / $Billion)
10.1 Personal Care/ Cosmetics
10.2 Industrial Cleaners
10.3 Pharmaceuticals
10.4 Flavor and fragrances
10.5 Paints & Coatings
10.6 Textile printing and dyeing
10.7 Others 
11. Ethoxydiglycol- By Geography (Market Size -$Million / $Billion)
        11.1 Ethoxydiglycol Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Ethoxydiglycol- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Ethoxydiglycol- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Ethoxydiglycol - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Ethoxydiglycol - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Ethoxydiglycol Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Ethoxydiglycol Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Ethoxydiglycol Market - Key Company List by Country Premium
15. Ethoxydiglycol Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Alzo International Inc
        15.3 Dowdupont Inc
        15.4 Eastman Chemical Company
        15.5 Finetech Industry Limited
        15.6 Ineos Oxide Ltd
        15.7 Lyondellbasell Industry Holding B V
        15.8 Merck Kgaa
        15.9 Thermo Fisher Scientific
        15.10 Company 9
        15.11 Company 10 & More
*Financials would be provided on a best efforts basis for private companies
16. Ethoxydiglycol Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Ethoxydiglycol Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends