Press release
Glycols Market valued at USD 35.25 billion in 2022 USD 53.01 billion by 2029, Growth Rate (CAGR) of 6 Parcentage
Glycols Market
This comprehensive report delves into the analysis of the Glycols Market, including insights into the impact of the COVID-19 pandemic on market leaders, followers, and disruptors. The report assesses the varied impact of lockdown measures across regions and segments, providing both short-term and long-term insights crucial for strategic decision-making by region.
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What are Glycols Market Dynamics:
Glycols include ethylene, propylene and their derivatives are predominately used in the automotive sector as engine antifreeze and coolant products with lower freezing points. The growing product demand in key end-use industries including food & beverage, textiles, medical, and aerospace is expected to increase consumption globally. Rising demand for the compound in polyester resins manufacturing will add to glycol market growth in the forecast time frame. Textile manufacturers are shifting focus on low cost and easily accessible chemical intermediates. A surge in the application of the product as a protecting group in organic synthesis will be a major driving force for glycol market growth.
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Glycols Market Regional Insights:
The Asia Pacific region is poised to witness the most significant growth, with an estimated CAGR of 5.0%. Countries in Asia Pacific are expanding production capacities and investing in new projects to reduce dependence on imports, thus enhancing regional energy security and autonomy.
Key participants and local players in various regions are adopting expansion and merger strategies to increase manufacturing capacity and achieve higher profits. The rising demand for advanced and high-quality heating and cooling systems, particularly in Asia-Pacific and North America, driven by HVAC requirements, is expected to be a key factor boosting regional growth.
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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
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
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
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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