The Global Ethylene Glycol Monobutyl Ether (EGBE) Market was valued at USD 1.45 Billion in 2023 and is projected to reach USD 1.98 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 4.2% during the forecast period (2024–2030). This steady growth is driven by its widespread use as a solvent in paints and coatings, cleaners, and the automotive industry, alongside increasing demand from emerging economies and the shift towards more effective and environmentally compliant formulations.

As industries worldwide seek high-performance solvents that balance efficacy with regulatory standards, the key producers of Ethylene Glycol Monobutyl Ether are at the forefront of innovation and supply chain reliability. In this analysis, we profile the Top 10 Companies in the Ethylene Glycol Monobutyl Ether Industry—a group of chemical giants and specialized manufacturers shaping the market dynamics.

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🔟 1. Dow Chemical Company

Headquarters: Midland, Michigan, USA
Key Offering: High-purity Ethylene Glycol Monobutyl Ether, Specialty Solvents

Dow is a global leader in the production of ethylene oxide derivatives, including Ethylene Glycol Monobutyl Ether. Its extensive portfolio serves the paints, coatings, and industrial cleaning sectors, supported by a robust global distribution network and significant production capacity.

Strategic Focus:

• Investment in sustainable production technologies

• Development of low-VOC solvent blends

• Strong R&D focus on product innovation and application development

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9️⃣ 2. Eastman Chemical Company

Headquarters: Kingsport, Tennessee, USA
Key Offering: Eastman™ EB Solvent (Ethylene Glycol Monobutyl Ether)

Eastman is a premier supplier of specialty chemicals, with EGBE being a key product in its solvent portfolio. The company is recognized for its high-quality standards and commitment to sustainability, catering to demanding applications in coatings and cleaning formulations.

Strategic Focus:

• Circular economy initiatives for chemical production

• Customer-centric application support and technical service

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8️⃣ 3. LyondellBasell Industries

Headquarters: Houston, Texas, USA / Rotterdam, Netherlands
Key Offering: Ethylene Glycol Monobutyl Ether, Oxo alcohols and derivatives

As one of the world’s largest plastics, chemicals, and refining companies, LyondellBasell is a major producer of ethylene oxide and its derivatives. The company’s scale and integrated operations provide a competitive advantage in the EGBE market.

Strategic Focus:

• Optimization of production efficiency across global assets

• Expansion of oxy-products capacity to meet growing demand

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7️⃣ 4. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: Butyl glycol (Ethylene Glycol Monobutyl Ether), Solvent blends

BASF is a leading global chemical company with a comprehensive portfolio of solvents. Its Butyl glycol product is widely used in architectural and industrial coatings, inks, and cleaning agents, supported by a strong global production and distribution footprint.

Strategic Focus:

• Focus on bio-based and renewable raw material pathways

• Development of tailored solvent solutions for specific customer needs

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6️⃣ 5. Ineos Oxide

Headquarters: Brussels, Belgium
Key Offering: Ethylene Glycol Monobutyl Ether, Glycol Ethers portfolio

Ineos Oxide is a major player in the European market for ethylene and propylene oxide derivatives. The company produces a range of glycol ethers, including EGBE, serving various industrial sectors from its strategically located manufacturing facilities.

• Maintaining a leading market position in Europe

• Operational excellence and supply chain reliability

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5️⃣ 6. SABIC (Saudi Basic Industries Corporation)

Headquarters: Riyadh, Saudi Arabia
Key Offering: Ethylene Glycol Monobutyl Ether, Chemicals

SABIC is a global diversified chemicals company, and a significant producer of ethylene glycol and its derivatives. Its integrated petrochemical operations provide a strong feedstock advantage for EGBE production, catering to markets in Asia, the Middle East, and beyond.

Strategic Focus:

• Leveraging feedstock integration for cost leadership

• Geographic expansion and market development initiatives

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4️⃣ 7. Repsol

Headquarters: Madrid, Spain
Key Offering: Glycol Ethers, including Ethylene Glycol Monobutyl Ether

Repsol’s chemical arm is a key supplier of basic petrochemicals and derivatives in Southern Europe and Latin America. The company produces EGBE for regional markets, with a focus on the paints, coatings, and cleaning sectors.

• Decarbonization of industrial processes

• Strengthening position in Iberian and Latin American markets

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3️⃣ 8. KH Neochem Co., Ltd.

Headquarters: Tokyo, Japan
Key Offering: High-purity Ethylene Glycol Monobutyl Ether, Specialty Chemicals

KH Neochem is a leading Japanese manufacturer of oxo chemicals and derivatives. The company is a prominent supplier of EGBE in the Asia-Pacific region, known for its high product quality and technical expertise.

Strategic Focus:

• Expansion of production capabilities in Asia

• Focus on high-growth application segments like electronics and pharmaceuticals

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2️⃣ 9. India Glycols Limited

Headquarters: Gurugram, India
Key Offering: Ethylene Glycol Monobutyl Ether, Bio-based glycols

India Glycols Limited is a leading Indian company with a strong focus on green technology-based glycols. It produces EGBE and has a growing presence in both domestic and international markets, supported by its bio-ethylene glycol capabilities.

Strategic Focus:

• Pioneering bio-route manufacturing for glycol ethers

• Capitalizing on strong domestic market growth

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1️⃣ 10. Lotte Chemical

Headquarters: Seoul, South Korea
Key Offering: Ethylene Glycol Monobutyl Ether, Aromatics and Base Chemicals

Lotte Chemical is a major petrochemical producer in South Korea and Southeast Asia. The company manufactures EGBE as part of its extensive chemical portfolio, serving diverse industrial applications across the region.

Strategic Focus:

• Vertical integration and capacity expansion

• Strengthening market position in the dynamic Asia-Pacific region

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🌍 Outlook: The Future of Ethylene Glycol Monobutyl Ether is Evolving with Industry Demands

The Ethylene Glycol Monobutyl Ether market is navigating a period of transformation. While established applications in coatings and cleaners continue to drive volume, the industry is responding to regulatory pressures, environmental considerations, and the demand for higher performance.

📈 Key Trends Shaping the Market:

• Increasing regulatory scrutiny on VOC emissions, driving demand for compliant formulations

• Growing adoption in emerging economies, particularly in Asia-Pacific

• Research and development into bio-based routes for EGBE production

• Expansion into new application areas such as pharmaceuticals and agrochemicals

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Ethylene Glycol Monobutyl Ether Market – View in Detailed Research Report

The companies listed above are not only supplying a critical industrial solvent—they are enabling innovation and sustainability across a wide range of essential industries.