Diethylene Glycol Market to reach USD 3.62 Bn by 2029: Competitive Landscape, Trends, Statistics, and Segmentation

Diethylene Glycol Market reached a value of USD 2.63 Bn.in 2022 and is expected to reach at USD 3.62 Bn in 2029, at a CAGR 4.63 percent.

Diethylene Glycol Market Report Scope and Research Methodology

The global Diethylene glycol market is primarily driven by the growing demand for plasticizers in the plastics industry, which uses diethylene glycol as a raw material. With the efficient characteristics of Diethylene glycol, such as hygroscopicity and low volatility, the product is expected to witness an increased demand for its gas drying applications during the forecast period.

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The report also provides a detailed analysis of the Diethylene Glycol Market based on the Application, which includes Plasticizer, Personal Care, Chemical Intermediates, Polyester Resins, and Others. Based on the End-User, the Diethylene Glycol Market is segmented into Plastics, Building and Construction, Polymers, Paints and Coatings, Textiles, and Others.

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Diethylene Glycol Market Dynamics

Diethylene glycol is an important chemical intermediary for products like polyester resins and polyurethanes, boosting the market growth. It is widely utilized in the personal care and cosmetics business and can be found in a variety of goods including lotions, skin creams, deodorants, and toothpaste. As a result, increased demand for the product among its end-use sectors is expected to drive market growth during the forecast period.

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However, Diethylene glycol has been used as a substitute in pharmaceutical preparations for nontoxic constituents, which causes more than a dozen epidemics of human poisoning. When consumed by humans, it causes severe systemic and neurologic complications, such as coma, seizures, peripheral neuropathy, and hepatorenal failure. These factors primarily restrain the diethylene glycol market growth across the globe.

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Diethylene Glycol Market Regional Insights

The North American region showed northward direction growth in the third quarter of 2022, thanks to the improved supply of raw materials. The domestic market of Diethylene glycol is witnessing moderate growth in the Asia Pacific region, while in Europe, prices of Diethylene Glycol observed an increase during the third quarter of 2022 due to increased demand for raw materials. Rising energy rates and high prices of ethylene oxide are expected to fluctuate the pricing trend of Diethylene Glycol across the region in the third quarter of 2022.

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Diethylene Glycol Market Segmentation

By Application:

• Plasticizer
• Personal Care
• Chemical Intermediates
• Polyester Resins
• Others

Diethylene Glycol Market Key Competitors include:

• Lyondell Basell Industries Holdings B.V.
• Dow Chemical Company
• Shell International B.V.
• Huntsman International LLC
• Nippon Shokubai Co., Ltd.
• Reliance Industries Limited
• SABIC
• Royal Dutch Shell PLC
• Huntsman International LL
• BASF SE
• Askema AS
• BP place
• Arch Chemicals
• Celanese Corporation

Table of Content for Diethylene Glycol Market

Global Diethylene Glycol Market: Research Methodology

Global Diethylene Glycol Market: Executive Summary

Market Overview and Definitions
Introduction to Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Global Diethylene Glycol Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Global Diethylene Glycol Market Segmentation

Global Market, by Application (2021-2029)

Regional Diethylene Glycol Market (2021-2029)

Regional Market, by Application (2021-2029)
Regional Market, by Country (2021-2029)

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Types:

Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Application
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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