Several factors are driving the growth of the Glycol Market. Firstly, the expanding automotive industry is a key driver as it directly influences the demand for glycols. With the increasing production of vehicles worldwide, the need for antifreeze agents and coolants is also rising, thereby boosting glycol consumption.
Additionally, the growth of the construction industry is propelling the demand for glycols. These compounds are used as deicing agents for roads, ensuring safe transportation during winter. Moreover, glycols are also used in the construction of buildings to prevent the freezing of water pipes and protect against corrosion.
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