2-Butoxyethanol Market
2-Butoxyethanol Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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2-Butoxyethanol Market Size and Growth
The 2-Butoxyethanol market is experiencing steady growth driven by demand in coatings, cleaners, and industrial applications. The global market size is projected to reach approximately $2 billion by 2025, expanding at a CAGR of around 4%. Regional growth varies, influenced by industrial activity and regulatory changes impacting solvent usage. Request Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ Dow
◍ BASF
◍ Eastman
◍ Sasol
◍ Lotte Chemical
◍ KH Chemicals
◍ LyondellBasell
◍ Asia Pacific Petrochemicals
◍ Sadara Chemical Company
◍ Recochem Inc.
◍ Jiangsu Ruijia Chemical
◍ Yidachem
◍ Advance Petrochemicals Ltd.
The 2-Butoxyethanol market features key players like Dow, BASF, and Eastman, who utilize it in industrial cleaners and coatings. Companies like Sasol and LyondellBasell contribute through innovation and production efficiency. Growth comes from increased demand in paints and detergents, enhancing their market presence and driving revenues.
- Dow: $55 billion (2022 revenue)
- BASF: $81 billion (2022 revenue)
- Eastman: $10.5 billion (2022 revenue)
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Market Segmentation
By Application
By Product
Industrial Grade
Commercial Grade ◍ Coatings & Paints ◍ Cleaners & Detergents ◍ Inks & Dyes
Others
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Market Growth
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$ X Billion USD
