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Diethylene Glycol (DEG) Market Booming Due to Dow Chemical Company, SABIC, Reliance Industries Ltd

05-17-2018 03:05 PM CET | Industry, Real Estate & Construction

Press release from: MarketResearchFuture

Diethylene Glycol

Diethylene Glycol

Market research future published a raw research report on Global Diethylene Glycol Market that contains the information from 2018 to 2022. Global Diethylene Glycol market is expected to grow with the CAGR of approximately 4.3% from 2017 to 2022, and with this it is predictable to cross USD 350 Million by 2022

Download Sample Report @ https://www.marketresearchfuture.com/sample_request/1713

The key players of global diethylene glycol market report include- SINOPEC Corporation, Dow Chemical Company, SABIC, Reliance Industries Ltd, Formosa Plastics Corporation, Shell International B.V., Alberta & Orient Glycol Company ULC, TOC Glycol Company Limited, Huntsman Corporation, and Indorama Ventures Public Company Limited.

The market for Diethylene Glycol is driven by the growth of automotive and building and construction industry. The market is highly influenced by the automotive and building & construction industries in emerging nations of China, India, and Brazil. The regions are marked with rapid urbanization and lot of government initiatives and investments schemes for the infrastructure improvement. This augments the demand for paints and coatings in construction as well as automotive market. This makes the automotive industry the largest end-user market for this type of coating.

Competitive Analysis

The organic compound has varied application in the automotive sector along with other strategic sectors of oil & gas construction and personal care. With rapid economic development in the emerging nations of APAC, the demand has increased for automobiles. This change in the trend for the automotive sector has induced the demand for paints and coatings the industry. Various uses of DEG such as raw material in the production of polyester resins & plasticizers, dehydrating agent in natural gas, humectants, textile lubricant & coupling agent, solvent in printing inks, solvent in textile dyeing, etc have further fueled the demand for DEG.

For Technical and Professional Details Book Complete Diethylene Glycol (DEG) Market Report at https://www.marketresearchfuture.com/reports/diethylene-glycol-deg-market-1713

Segmentation Analysis

The report has analyzed the market based on the two segments: application and end-use in the regions of North America, Europe, APAC and rest of the world. On the basis of application Paints & Coatings is expected to show the largest market share by 2022 due to the high demand for paints and coatings from emerging nations. The global diethylene glycol is expected to cross USD 350 Million at the end of the forecasted period and is expected to grow at CAGR of approximately 4.3% from 2016 to 2022.

Regional Analysis

This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global diethylene glycol market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Market Research Future
Email: sales@marketresearchfuture.com

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