The numerical and statistical data brought together to produce this Ethylene Glycol Market report is mostly denoted with the graphs, tables and charts which make this report more user-friendly. Besides, the report provides insights into revenue growth and sustainability initiative. Additionally, this report helps the manufacturer in finding out the effectiveness of the existing channels of distribution, advertising programs or media, selling methods and the best way of distributing the goods to the eventual consumers. The Ethylene Glycol Market report is a professional in-depth study on the current state of the market. Taking up such market research report is all the time beneficial for any company, whether it is a small scale or large scale, for marketing of products or services.
Data Bridge Market Research analyses that the ethylene glycol market was valued at USD 29.12 billion in 2021 and is to reach an estimated value of 34.21 billion by the end of the forecast period and to grow at a CAGR of 4.14% during the forecast period and Data Bridge Market Research report on ethylene glycol market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
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Market Overview:
The organic compound ethylene glycol has the formula (CH2OH)2. It is a toxic, colourless, odourless, low-volatility, viscous, and hygroscopic liquid. It is completely miscible with water and a wide range of organic liquids. Hydroxyl groups on glycols are subjected to the standard alcohol chemistry, yielding a wide range of possible derivatives.
Ethylene glycol is an organic compound that is used in the production of polyester fibre as a raw material. It serves as a coolant in automobile engines. It also serves as a heat transfer agent. Furthermore, mixing ethylene glycol with water has the added benefit of preventing corrosion, acid degradation, and the growth of certain bacteria. MEG is a key raw material in the production of polyethylene terephthalate (PET). PET made from MEG is used to make bottles of drinking water, carbonated drinks, and food packaging.
Some of the major players operating in the ethylene glycol market are:
- DuPont (U.S.)
- Solvay (Belgium)
- DAIKIN (Japan)
- Dow (U.S.)
- 3M (U.S.)
- H.B. Fuller Company (U.S.)
- AVERY DENNISON CORPORATION (U.S.)
- Sealed Air (U.S.)
- SABIC (Saudi Arabia)
- Arkema (France)
- LyondellBasell Industries Holdings B.V. (Netherlands)
- Exxon Mobil Corporation (U.S.)
- Mitsui Chemicals Inc., (Japan)
- Braskem (Brazil)
- TotalEnergies (France)
- Novamont SpA (Italy)
- Biome Bioplastics (UK),
- PTT Global Chemical Public Company Limited (Thailand)
- KURARAY CO., LTD. (Japan)
Global Ethylene Glycol Market Scope:
Global ethylene glycol market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Monoethylene glycol (MEG)
- Di-ethylene glycol (DEG)
- Tri-ethylene glycol (TEG)
Application
- Polyester fiber and films
- Polyethylene terephthalate
- Antifreeze and coolant
- Others
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TABLE OF CONTENTS
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Pipeline Analysis
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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