Why did the Butyl Glycol Price Change in July 2025? Butyl Glycol Price Index in South Korea dropped 10.3% quarter-on-quarter, closing at USD 1178/MT FOB Busan by June 2025.

Get comprehensive insights into the Butyl Glycol market, with a focused analysis of the Butyl Glycol price trend across Asia, Europe, North America, Latin America, and the Middle East Africa.

The global butyl glycol market is estimated at USD 3.5 billion in 2025. It is projected to grow at a CAGR of 3.5% during the forecast period, reaching USD 4.9 billion by 2035.

Country Wise Analysis

Competitive Outlook

Get the latest insights on price movement and trend analysis of Ethylene Glycol in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

The global Butyl Glycol market stood around 1001 thousand tonnes in 2024 and is expected to grow at a CAGR of 4.29% during the forecast period until 2035.

Global Butyl Glycol market size 2021 was recorded $1046.47 Million whereas by the end of 2025 it will reach $1258 Million. According to the author, by 2033 Butyl Glycol market size will become $1817.97. Butyl Glycol market will be growing at a CAGR of 4.71% during 2025 to 2033.

The global butyl glycol market size was valued at around USD 4.33 billion in 2024 and is projected to grow at a CAGR of more than 3.8%, reaching USD 7.03 billion revenue by 2037. Solvents segment is expected to hold the largest share, due to growing use of solvents in agriculture and printing.

Butyl Glycol Market is estimated to be US$7.5 billion by 2034 with a CAGR of 9.00% during the forecast period

Why did the Glycol Ether Price Change in July 2025? The Glycol Ether Price Index in North America saw a quarter-on-quarter increase of 6.2% in Q2 2025, as prices increased to USD 1628/MT FOB Houston primarily due to steady demand and escalating feedstock and upstream costs.

Butyl Glycol Ethers Market Outlook

The global butyl glycol ethers market size was valued at approximately USD 1.2 billion in 2023 and is projected to reach USD 1.8 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.5% during the forecast period. The growth of the butyl glycol ethers market is largely driven by the increasing demand from end-user industries such as construction, automotive, and household applications. The versatility of butyl glycol ethers, with their excellent solvency and compatibility properties, makes them an indispensable component in various industrial formulations, thereby propelling their market growth.

One of the significant growth factors contributing to the expansion of the butyl glycol ethers market is the rising demand for sustainable and eco-friendly products. As industries worldwide are under pressure to reduce volatile organic compounds (VOCs) emissions, butyl glycol ethers, known for their low toxicity and biodegradable nature, have become an attractive alternative. This trend is particularly evident in the paints and coatings industry, where manufacturers are increasingly incorporating butyl glycol ethers to comply with stringent environmental regulations and enhance product performance. Additionally, the growing consumer awareness regarding environmental and health impacts has further accelerated the adoption of butyl glycol ethers across various sectors.

The rapid urbanization and industrialization in developing economies are also fueling the demand for butyl glycol ethers. Countries in Asia Pacific and Latin America are experiencing significant infrastructural developments, leading to a surge in construction activities. Butyl glycol ethers are widely used in this sector for their effective role in formulations of paints, coatings, and adhesives, which are essential for modern construction projects. Furthermore, the automotive industry, with its increasing production and sales, particularly in emerging markets, is another critical driver contributing to the heightened demand for these solvents, as they play a crucial role in automotive refinishing and component manufacturing.

Technological advancements and innovations in manufacturing processes are another pivotal factor influencing the market growth of butyl glycol ethers. The development of advanced production technologies has not only improved the efficiency and cost-effectiveness of butyl glycol ethers but also enhanced their application scope. Innovations aimed at producing high-performance glycol ethers, with better solubility and stability, are attracting new application areas, thereby opening additional avenues for market expansion. Moreover, the strategic collaborations and partnerships between key industry players and research institutions have led to the introduction of new and improved formulations, catering to the diverse needs of various sectors.

Regionally, Asia Pacific holds a prominent position in the butyl glycol ethers market, accounting for a substantial share of the global demand. This dominance is attributed to the robust industrial base and the increasing demand from end-user industries such as construction and automotive in countries like China and India. North America and Europe also represent significant markets, driven by technological advancements and stringent environmental regulations promoting the use of low-VOC solvents. Additionally, Latin America and the Middle East & Africa are witnessing gradual growth, propelled by the expanding industrial landscape and infrastructural development projects. These regions present substantial opportunities for market players to expand their footprint and capitalize on the growing demand for butyl glycol ethers.

Guerbet Alcohols, known for their branched structure, are gaining traction in various industrial applications due to their unique properties. These alcohols are particularly valued in the formulation of personal care products and cosmetics, where their emollient and moisturizing characteristics enhance product performance. The demand for Guerbet Alcohols is also rising in the pharmaceutical industry, where they are used as excipients and in drug delivery systems. Their compatibility with a wide range of ingredients and their ability to improve the stability of formulations make them a preferred choice among manufacturers. As the market for sustainable and biodegradable ingredients expands, Guerbet Alcohols are well-positioned to meet the growing consumer demand for eco-friendly products.

Ethylene Glycol

Why did the Mono Ethylene Glycol Price Change in July 2025? North America Mono Ethylene Glycol (MEG) Spot Price declined during the Q2 2025, especially in the US market where it declined by 4.8%, settling at USD 460/MT FOB US Gulf in June.

The Asia Pacific butyl glycol market size is expected to grow at a CAGR of 4.70% between 2025 and 2034, driven by the rising demand from various end use sectors such as paints and coatings and printing inks.

Global Butyl Glycol Acetate market size 2025 was XX Million. Butyl Glycol Acetate Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Butyl Glycol Market Outlook

The global Butyl Glycol market size was valued at approximately USD 1.5 billion in 2023 and is projected to reach USD 2.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 4.8% over the forecast period. The growth of this market can be attributed to increasing demand across various industries such as paints and coatings, textiles, and cleaning products. The versatility of butyl glycol as a solvent and its application in numerous industrial processes have led to a rising demand that underpins its market growth. Additionally, urbanization and industrialization, especially in emerging markets, are propelling further expansion.

A key growth factor influencing the butyl glycol market is its widespread application in the paints and coatings industry. As urbanization accelerates, the demand for residential and commercial infrastructure continues to rise, driving the need for paints and coatings. Butyl glycol, acting as a solvent, finds significant usage in these applications to improve product flow and finish, which is crucial for high-quality surface coatings. Furthermore, innovations in eco-friendly and sustainable paint formulations that incorporate butyl glycol are also fostering market expansion. This shift towards sustainable solutions aligns with growing environmental concerns and regulations aimed at reducing VOC emissions, thereby bolstering the market.

The cleaning products industry is another sector contributing to the growth of the butyl glycol market. With increasing awareness about hygiene and cleanliness, especially in the context of global health emergencies, there is a heightened demand for effective cleaning agents. Butyl glycol's role as a component in cleaning products enhances their performance by acting as a solvent and improving the efficacy of active ingredients. This increased demand is supported by both consumer preferences for more effective cleaning solutions and industrial requirements for maintaining hygiene standards, particularly in environments such as hospitals and food processing facilities.

Moreover, the textile industry is enhancing the market dynamics for butyl glycol. In textile processing, butyl glycol is utilized as a solvent for dyes and in formulations for textile finishing. The growth of the fashion and textile industries, driven by consumer trends and a surge in e-commerce, is encouraging the demand for such solvents. Additionally, the movement towards eco-friendlier textile production processes that minimize environmental impact is leading to increased adoption of butyl glycol, which is known for its relatively lower toxicity and environmental footprint compared to some alternative solvents.

Regionally, the Asia Pacific is expected to dominate the butyl glycol market during the forecast period, with a substantial share of the global market. This dominance is largely due to rapid industrialization and urbanization in countries such as China and India, where infrastructure development and increasing consumer markets drive the demand for end-use sectors like paints, coatings, and textiles. North America and Europe also hold significant shares, driven by technological advancements and a focus on sustainable product developments. Meanwhile, Latin America and the Middle East & Africa are emerging markets with potential growth opportunities due to expanding industrial activities and urban development projects.

Product Type Analysis

The Butyl Glycol market segmentation by product type includes Industrial Grade, Pharmaceutical Grade, and Others. Industrial grade butyl glycol constitutes the largest segment due to its extensive application across various industries such as paints and coatings, textiles, and cleaning products. The high demand in these sectors is attributed to butyl glycol's effectiveness as a solvent and its capability to enhance the performance of the products it is integrated into. Additionally, industrial grade butyl glycol is often preferred for its cost-effectiveness and efficiency in large-scale production processes, making it a staple in manufacturing and processing industries worldwide.

Pharmaceutical grade butyl glycol is gaining traction, albeit at a slower pace than its industrial counterpart. This segment is witnessing growth due to its application in the pharmaceutical industry where high purity solvents are essential. The pharmaceutical sector demands strict compliance with regulatory standards, which pharmaceutical grade butyl glycol meets, thus ensuring safety and efficacy in drug formulations. As the global pharmaceutical industry expands, driv

In Q1 2025, Diethylene Glycol (DEG) prices in the North American region exhibited an overall bearish trend, despite some upward fluctuations during January and February. The quarter commenced with a bullish sentiment in early January, primarily driven by supply-side constraints amid anticipated Ethylene Oxide (EO) shortages, high production costs, and planned maintenance turnarounds. Additionally, logistical issues like rising container rates and port strike threats further tightened supply, while demand remained improved in the paints and coatings segment due to robust automotive sales.

Snapshot img

The ethylene oxide and ethylene glycol market has the potential to grow by USD 19.55 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 4.89%.

This ethylene oxide and ethylene glycol market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by product (ethylene oxide and ethylene glycol) and geography (APAC, Europe, North America, MEA, and South America). The ethylene oxide and ethylene glycol market report also offers information on several market vendors, including BASF SE, Dow Inc., Formosa Plastics Corp., INEOS Group Holdings SA, LG Electronics Inc., LyondellBasell Industries NV, Reliance Industries Ltd., Royal Dutch Shell Plc, and Saudi Basic Industries Corp. among others.

What will the Ethylene Oxide and Ethylene Glycol Market Size be in 2021?

Browse TOC and LoE with selected illustrations and example pages of Ethylene Oxide and Ethylene Glycol Market

Get Your FREE Sample Now!

Ethylene Oxide and Ethylene Glycol Market: Key Drivers and Trends

The developments in end-user industries are notably driving the ethylene oxide and ethylene glycol market growth, although factors such as fluctuation in prices of raw materials may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ethylene oxide and ethylene glycol industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This ethylene oxide and ethylene glycol market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Ethylene Oxide and Ethylene Glycol Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

BASF SE
Dow Inc.
Formosa Plastics Corp.
INEOS Group Holdings SA
LG Electronics Inc.
LyondellBasell Industries NV
Reliance Industries Ltd.
Royal Dutch Shell Plc
Saudi Basic Industries Corp.

The vendor landscape of the ethylene oxide and ethylene glycol market entails successful business strategies deployed by the vendors. The ethylene oxide and ethylene glycol market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the ethylene oxide and ethylene glycol market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Ethylene Oxide and Ethylene Glycol Market?

For more insights on the market share of various regions Request for a FREE sample now!

46% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for ethylene oxide and ethylene glycol in APAC.

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. The surge in demand for PET packaging will facilitate the ethylene oxide and ethylene glycol market growth in APAC over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Ethylene Oxide and Ethylene Glycol Market?

To gain further insights on the market contribution of various segments Request for a FREE sample

The ethylene oxide and ethylene glycol market share growth by the ethylene oxide segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the ethylene oxide and ethylene glycol market size. Furthermore, our analysts have indicated actionable market insights on p

Global Butyl Glycol Ethers market size 2025 was XX Million. Butyl Glycol Ethers Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The U.S. ethylene glycol market totaled $959M in 2024, surging by 9.9% against the previous year. In general, consumption, however, saw a pronounced decrease. Ethylene glycol consumption peaked at $1.5B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

Global Butyl Glycol Ethers comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2024 - 2032. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.

The global ethylene glycol market value reached approximately USD 48.21 Billion in 2024. The market is projected to grow at a CAGR of 4.70% between 2025 and 2034, reaching a value of around USD 76.31 Billion by 2034.