Rising Demand from the Cosmetics Industry to Propel the Demand for Ethoxydiglycol Market
Added: (Tue Jan 15 2019)
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According to a new report published by Transparency Market Research, the ethoxydiglycol market will record significant growth owing to the rising demand from the cosmetics industry across the globe. The report titled, “Ethoxydiglycol Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026,” anticipates that the global market will grow remarkably during the forecast period.
Ethoxydiglycol, also known as diethylene glycol monethyl ether, is a cosmetic grade solvent. It is soluble in water and oil. Ethoxydiglycol is primarily used to dissolve ingredients to decrease viscosity. This solvent is widely used for skin care product preparations where it acts as an excellent solvent and carrier. Ethoxydiglycol is an extensively used solvent or co-solvent, which can be used in hydrophilic or lipophilic phases due to its solubility in ethanol, propylene glycol, vegetable oils, water, and butylene glycol. It finds application in hair and skin care products, eye and facial makeup, fragrances, personal cleanliness products, and shaving products. Ethoxydiglycol ensures even distribution of ingredients in the product to help it provide better effect. A solubilizer such as ethoxydiglycol is used to keep the product formulation well mixed.
Increase in awareness among consumers about personal hygiene and increase in per capita spending on personal care products are expected to boost the demand for ethoxydiglycol during the forecast period. Rise in concern regarding chemicals used in the personal care industry is likely to hamper the ethoxydiglycol market. In terms of the application, the ethoxydiglycol market is segmented into hair care, skin care, personal care, and pharmaceuticals. The skin care segment is further classified into facial makeup, shaving, and others. Skin care and personal care segments dominate the ethoxydiglycol market.
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