Press release
Glycols Market was valued at USD 35.25 billion in 2022 and is projected to reach USD 53.01 billion by 2029, exhibiting a CAGR of 6%
Glycols Market
The report delves into an in-depth analysis of the Glycols Market, encompassing the impact of the COVID-19 lockdown on market leaders, followers, and disruptors. Examining the varied implementation of lockdown measures across different regions and countries, the report assesses the distinct impacts on regional segments. It provides a comprehensive overview of both short-term and long-term effects on the market, aiding decision-makers in formulating strategies and plans for companies across regions.
To generate accurate and reliable insights, the research methodology employed for this report is based on rigorous data collection, thorough market analysis, and statistical validation. A blend of primary and secondary research sources has been utilized to ensure the credibility and authenticity of the information presented in the report.
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What are Glycols Market Dynamics:
The Glycols Market is influenced by various dynamic factors that shape its growth and development. Understanding these market dynamics is essential for stakeholders to make informed decisions and strategize effectively. The key dynamics impacting the Glycols Market include:
Increasing Demand in End-Use Industries: Glycols, particularly ethylene and propylene derivatives, find extensive applications in several end-use industries such as automotive, textiles, food & beverage, medical, aerospace, and HVAC systems. The rising demand for these products in these industries drives the consumption of glycols globally.
Growing Polyester Resin Manufacturing: Glycols, especially ethylene glycols, are vital components in the production of polyester resins, which are widely used in textiles, packaging, and construction materials. The increasing demand for polyester resins boosts the glycols market growth.
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Glycols Market Regional Insights:
Asia Pacific is poised to witness substantial growth during the forecast period, projected to attain an estimated CAGR of 5.0%. Countries in this region are actively expanding production capacities and investing in new projects to reduce import dependence, thereby enhancing regional energy security and autonomy.
North America and Asia-Pacific are experiencing rising demand for advanced heating and cooling systems, particularly HVAC solutions, contributing to their growth in the Glycols Market.
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What is Glycols Market Segmentation:
by Product
Ethylene Glycol
Mono-ethylene glycol
Di-ethylene glycol
Tri-ethylene glycol
Propylene Glycol
by Application
Automotive
HVAC
Textiles
Airline
Medical
Pipeline Maintenance
Polyester Fibers & resin
Food & Beverage Processing
Others
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Who are Glycols Market Key Players:
1. SABIC
2. Dow Chemical Company
3. Sinopec, Corp
4. Royal Dutch Shell plc.
5. Reliance Industries Ltd.
6. Huntsman International LLC
7. BASF
8. Kuwait Petroleum Corporation
9. AkzoNobel N.V.
10. Clariant AG
11. Formosa Plastics Corporation
12. INEOS
13. Ultrapar Participacoes S.A. (Ultrapar)
14. LOTTE CHEMICAL CORPORATION
15. Archer Daniels Midland Company
16. Dupont Tate & Lyle Bio Products LLC
17. Temix International S.R.L.
18. Ashland, Inc.
19. Cargill Inc.
20. LyondellBasell Industries
Table of content for the Glycols Market includes:
Global Glycols Market: Research Methodology
Global Glycols Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Glycols 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 Glycols Market Segmentation
Global Market, by Product (2022-2029)
Global Market, by Application (2022-2029)
Regional Glycols Market (2021-2029)
Regional Market, by Product (2022-2029)
Regional Market, by Application (2022-2029)
Regional Market, by Country (2022-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
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 Product and 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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