According to an industry report by Fact.MR, a supplier of market research and competitive information, the global dipropylene glycol n-propyl ether market is predicted to generate US$ 9.5 billion by 2033, growing at 9% CAGR from 2023 to 2033.
Dipropylene glycol n-propyl ether is an odourless liquid with a slow rate of evaporation. It serves as a coalescent and a solvent in aqueous latex paints. Dipropylene glycol n-propyl ether is advised for use in a number of applications due to its exceptional combination of hydrophilic and hydrophobic properties, which makes it miscible with water and oil.
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Major Stakeholders
- Eastman Chemical Company
- Monument Chemical
- India Glycols
- ADEKA CORPORATION
- Jiangsu Yida Chemical Co., Ltd
- LyondellBasell Industries Holdings B.V
- MIDLAND CHEMICALS LTD
- Global Bio-chem Technology Group Company Limited
- Manali Petrochemicals Limited
- Jiangsu Dynamic Chemical
- The Dow Chemical Company
Key Statistics Supporting the Surge
- The global dipropylene glycol n-propyl ether market is valued at US$ 4 million in 2023.
- Worldwide sales of dipropylene glycol n-propyl ether are anticipated to hit US$ 9.5 million by 2033.
- The market is projected to increase rapidly at a CAGR of 9% from 2023 to 2033.
- Asia Pacific accounted for 40% share of the global market in 2022.
- The detergent segment is predicted to evolve at a CAGR of 8.3% during the forecast period.
Competitive Analysis
To maintain and grow their global presence, major players in the dipropylene glycol n-propyl ether market are constantly adopting tactics including collaborations, R&D projects, investments, and acquisitions.
The Dow Chemical Company offers DOWANOL™ DPnP. DOWANOL™ DPnP evaporates more slowly and has a little higher hydrophobicity than DOWANOL™ PnP. When compared to other glycol ethers, it possesses a near-midrange balance of hydrophilic and hydrophobic qualities, as well as significant water solubility. DOWANOL™ DPnP is a high-performance glycol ether solvent that delivers good coalescing capabilities in combinations with more hydrophobic glycols. DOWANOL™ DPnP glycol ether can also be combined with other substances to replace or displace Butyl CELLOSOLVE™ glycol ether (commonly called DOWANOL EB glycol ether). DOWANOL™ DPnP is also used in coatings and cleaning formulas to lower surface tension and increase solubility. It is useful for a wide range of applications due to its strong chemical stability, low odor, and low toxicity.
Due to its peculiar lipophobe/hydrophobe balance, which provides a wide range of coalescent efficiency for different resins, dipropylene glycol n-propyl ether is an effective coalescent agent in aqueous coatings.
An extremely common solvent used in the creation of cleaning fluids is dipropylene glycol n-propyl ether. This is a crucial component of metal detergents and dry cleaning solutions. It is used in metal detergents because to its capacity to remove hydrophobic stains from uneven surfaces. It is effective at removing grease from machines. Since it can remove grease stains by creating an appropriate lather, this solvent is frequently used in dry cleaning liquid detergents. As a result, the market expansion is anticipated to be aided by the rising demand for dipropylene glycol n-propyl ether for cleaning applications.
Industry Research
- By Application :
- Solvents
- Chemical Intermediates
- Coatings
- Detergents
- Latex Paints
- Other Applications
- By Region :
Regional Analysis
During the forecast period, Asia Pacific is anticipated to dominate the global market for dipropylene glycol n-propyl ether. The markets in Asia Pacific are growing faster thanks to Japan and South Korea. When it comes to revenue production, North America and Europe are expected to come in second to Asia Pacific.
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