Global Ethylene Glycol Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Ethylene Glycol market size was valued at USD 32680 million in 2023 and is forecast to a readjusted size of USD 39090 million by 2030 with a CAGR of 2.6% during review period.
Ethylene glycol is a versatile organic compound which has properties such as clarity and viscosity.
Ethylene glycol acts as a hydroscopic liquid at room temperature. It is used in polyester films, fibers, and PET resin that are used for packaging, as well as a raw material in antifreeze coolants. MEG is the most important type of ethylene glycol, which is used in fibers, films, and bottles. DEG and TEG glycol is obtained as a co-product during the manufacturing process of MEG.
The Global Info Research report includes an overview of the development of the Ethylene Glycol industry chain, the market status of Coolant and Heat-Transfer Agent (Monoethylene Glycol (MEG), Diethylene Glycol (DEG)), Antifreeze (Monoethylene Glycol (MEG), Diethylene Glycol (DEG)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Ethylene Glycol.
Regionally, the report analyzes the Ethylene Glycol markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Ethylene Glycol market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Ethylene Glycol market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Ethylene Glycol industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Monoethylene Glycol (MEG), Diethylene Glycol (DEG)).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Ethylene Glycol market.
Regional Analysis: The report involves examining the Ethylene Glycol market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Ethylene Glycol market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Ethylene Glycol:
Company Analysis: Report covers individual Ethylene Glycol manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Ethylene Glycol This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Coolant and Heat-Transfer Agent, Antifreeze).
Technology Analysis: Report covers specific technologies relevant to Ethylene Glycol. It assesses the current state, advancements, and potential future developments in Ethylene Glycol areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Ethylene Glycol market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Ethylene Glycol market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Monoethylene Glycol (MEG)
Diethylene Glycol (DEG)
Triethylene Glycol (TEG)
Market segment by Application
Coolant and Heat-Transfer Agent
Antifreeze
Precursor to Polymers
Other
Major players covered
DOW Chemical
Huntsman International
Reliance Industries
SABIC Innovative Plastics
Sinopec
Akzonobel
BASF
Clariant
Shell
Ineos Oxide
Exxon Mobil
Formosa Plastics
Lotte Chemical
Mitsubishi Chemical
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ethylene Glycol product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ethylene Glycol, with price, sales, revenue and global market share of Ethylene Glycol from 2019 to 2024.
Chapter 3, the Ethylene Glycol competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ethylene Glycol breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Ethylene Glycol market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ethylene Glycol.
Chapter 14 and 15, to describe Ethylene Glycol sales channel, distributors, customers, research findings and conclusion.