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Glycol Ether Pricing Overview

Market Overview

Asia

With several producers reducing their operating rates and a few of them

imposing a temporary turnaround, Glycol Ether supply considerably reduced in

Q3. Limited feedstock or sometimes poor margins compelled Butyl Glycol

producers in China to opt for frequent temporary turnarounds. Trade

disruptions caused by the global pandemic followed by poor weather

exacerbated this supply crisis. Demand in China picked up by September due

to early stockpiling activities observed before the Golden Weeklong holidays

scheduled next month. Amidst the supply crises, China launched an anti-

dumping and anti-subsidy probe to check on fair-trade deals from the US

Glycol market. Demand in Southeast Asia appreciably improved as industries

gathered prominent pace to make up for the loss incurred in the previous

quarter. Driven by the reduced imports, prices of Butyl Glycol in India

showcased a consistent month-on-month increment, averaging at USD 768

per MT in Q3.

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data/glycol-ether-49

North America

Demand for several grades of Glycol Ethers including butyl di-glycol, butyl

glycol, and propylene glycol methyl ether witnessed an appreciable revival with

gradual improvement in buying interest observed in the latter half of the

quarter. In the indefinite lockdown period, there was a prominent increment in

the renovation activities that contributed well to the revival in demand from the

construction industry. With easing virus panic in the country, the demand for

Glycol Ethers underwent a substantial increment from the paints sector.

Although relaxation in stringent restrictions levied marginal leverage to the

market players but resurgent cases of coronavirus restrained the awaited

market revival of Glycol Ethers in the US.

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Glycol Ether Pricing Overview

Europe

In the early part of the quarter, the supply of Glycol Ethers remained ample on

the back of subdued demand and no scheduled turnarounds. In late July,

restricted imports from the US aided to stabilize this widened demand and

supply. Substantial revival in downstream demand further supported in

stabilizing the narrowed margins of Glycol Ethers in the region. However, in the

final weeks of September, demand fundamentals tapered off again due to the

resurgence of coronavirus in some parts of the region leading to a fall in prices

of Glycol Ethers.

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disruption in technology and so on. It targets market volatility and ensures

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Glycol Ether Pricing Overview

Services

Market Analysis

Company-wise installed capacity, production volume and plant operating

efficiency is captured directly from manufacturers. Import and Export volume is

captured from government sources and demand for Glycol Ethers is calculated

considering the production, import, export and inventory-levels on the country

and regional level markets.

Pricing Analysis

Glycol Ethers price is correlated with the price trend of raw material Ethylene

Oxide or Propylene Oxide , demand-supply fundamentals and performance of

its downstream industries.

Company Profile

Basic details and information on financial performance of leading global

players in the Glycol Ethers market is presented in a visually captivating

manner. Expansion plans and the company’s strategy is also captured to

understand the vision and mission of the company to help understand the

areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive

primary-based news capturing plant shutdowns/outages/closures, capacity

expansions, operating rates, insights on demand-supply situation, awarding of

technology licenses, new product launch and deals specifying mergers and

acquisitions, strategic investments and disinvestments, to help players

capitalize on market opportunity.

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Glycol Ether Pricing Overview

Methodology

ChemAnalyst gathers information through primary research surveys

conducted with various Glycol Ethers manufacturers, spread across

the domestic and international market, suppliers and dealers/distributors to

gain insights into value-chains and demand-supply scenario to assess the

market situation. Thorough study of company’s annual reports and secondary

sources such as exhaustive search on credible paid databases, including our

internal database is done to verify the information. All the collected information

is analyzed, evaluated and presented in chronological order to depict a

meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and

analyzes various aspects of the Global Glycol Ethers market. The team

analyzes various industrial segments, strategic viewpoints and provides an

analysis of the industry’s performance in the long run. This would enable our

clients in efficiently plan their future investments, mitigate risk, understand the

cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global

supply chains and shift in demand patterns with change in buying behavior of

consumers across the globe.

Several ongoing development projects across industries are tracked,

followed by the details of major projects in the development stage, which can

positively or negatively influence Global Glycol Ethers market.

Pricing is captured through exhaustive primary interviews with domestic and

international manufacturers, traders and importers and customers on daily,

weekly, monthly and yearly basis.

Finally, region-specific markets for Glycol Ethers are analyzed and region-

wise demand pattern is tracked.

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Glycol Ether Pricing Overview

About

Glycol Ether are organic liquid solvents containing ether and alcohol as their

primary functional groups. These compounds are regarded as versatile

solvents for various industrial and domestic uses since they are highly soluble

in water as well as other organic liquids. Overall consumption of Glycol Ethers

is dominated by its utilization as a solvent for numerous formulations like inks,

paints, and cleaning fluids. Other than solvent applications it is also used in

anti-icing agents, brake fluids, and chemical intermediates. It is even

considered an essential compound for manufacturing surface coatings. Glycol

Ethers are conventionally produced by reacting Ethylene Oxide or Propylene

Oxide with alcohols like Ethanol or Butanol in a catalytic process under

isothermal and adiabatic conditions. However, Ethylene Oxide is also reacted

directly with Monoethylene Glycol Ethers to form its higher homologues like

Diethylene Glycol Ethers or Triethylene Glycol Ethers. Glycol Ethers can be

categorized as P-Series and E-Series depending upon whether they are

produced by Propylene Glycol or Ethylene Glycol Ethers.