Diethylene Glycol Prices, Demand, News, Chart and Forecast

𝐃𝐢𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐆𝐥𝐲𝐜𝐨𝐥 𝐏𝐫𝐢𝐜𝐞𝐬 𝐈𝐧 𝐔𝐒𝐀

• 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬: 760 USD/MT

The diethylene glycol prices in the USA for Q4 2023 reached 760 USD/MT in December. October and November recorded slight price increases, followed by a decline in the month of December.

The latest report by IMARC Group, titled "𝐃𝐢𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐆𝐥𝐲𝐜𝐨𝐥 𝐏𝐫𝐢𝐜𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭 𝟐𝟎𝟐𝟒: 𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝, 𝐂𝐡𝐚𝐫𝐭, 𝐌𝐚𝐫𝐤𝐞𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬, 𝐍𝐞𝐰𝐬, 𝐃𝐞𝐦𝐚𝐧𝐝, 𝐇𝐢𝐬𝐭𝐨𝐫𝐢𝐜𝐚𝐥 𝐚𝐧𝐝 𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐃𝐚𝐭𝐚," provides a thorough examination of the 𝐃𝐢𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐆𝐥𝐲𝐜𝐨𝐥 𝐏𝐫𝐢𝐜𝐞𝐬. This report delves into the price of Diethylene Glycol globally, presenting a detailed analysis, along with an informative Price Chart. Through comprehensive Price analysis, the report sheds light on the key factors influencing these trends. Additionally, it includes historical data to offer context and depth to the current pricing landscape. The report also explores the Demand, analyzing how it impacts market dynamics. To aid in strategic planning, the price forecast section provides insights into price forecast, making this report an invaluable resource for industry stakeholders.

𝐃𝐢𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐆𝐥𝐲𝐜𝐨𝐥 𝐏𝐫𝐢𝐜𝐞𝐬 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

• 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚: 651 USD/MT
• 𝐆𝐞𝐫𝐦𝐚𝐧𝐲: 870 USD/MT
• 𝐒𝐚𝐮𝐝𝐢 𝐀𝐫𝐚𝐛𝐢𝐚: 610 USD/MT

𝗥𝗲𝗽𝗼𝗿𝘁 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴:

• 𝗠𝗼𝗻𝘁𝗵𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗤𝘂𝗮𝗿𝘁𝗲𝗿𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription
• 𝗕𝗶𝗮𝗻𝗻𝘂𝗮𝗹𝗹𝘆 𝗨𝗽𝗱𝗮𝘁𝗲𝘀: Annual Subscription

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:  https://www.imarcgroup.com/diethylene-glycol-pricing-report/requestsample

𝐃𝐢𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐆𝐥𝐲𝐜𝐨𝐥  𝐏𝐫𝐢𝐜𝐞 𝐓𝐫𝐞𝐧𝐝- 𝐋𝐚𝐬𝐭 𝐐𝐮𝐚𝐫𝐭𝐞𝐫

The diethylene glycol (DEG) market is influenced by several key factors driving its demand across various industries. One of the primary drivers is the increasing use of DEG in the production of polyester fibers and resins, particularly in textiles and packaging materials. The growth of the textile industry, fueled by rising consumer demand for apparel and home textiles, has significantly bolstered DEG consumption. Additionally, the expanding automotive sector utilizes diethylene glycol in antifreeze and coolant formulations, further propelling the market growth.

The construction industry also contributes to the demand for DEG due to its application in producing solvents, plasticizers, and as a humectant in construction materials. Technological advancements in manufacturing processes have improved the efficiency of DEG production, thereby reducing costs and increasing availability. Furthermore, the trend toward sustainability has encouraged the adoption of bio-based DEG, appealing to environmentally conscious consumers. These factors collectively drive the growth of the diethylene glycol market. 

𝐃𝐢𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐆𝐥𝐲𝐜𝐨𝐥 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬

In the second quarter of 2024, the North American Diethylene Glycol (DEG) market faced a significant decline in pricing, primarily influenced by several critical factors. A notable reduction in demand from the downstream resin manufacturing sector, coupled with a sluggish construction industry, contributed to this downward trend.

Furthermore, elevated freight rates and fluctuating crude oil prices added to the bearish sentiment, while high inventory levels exacerbated the situation. In the United States, these challenges were especially evident, leading to substantial price shifts. The market experienced consistent decreases in DEG prices as low demand from various industries resulted in an oversupply. 

In the second quarter of 2024, the Diethylene Glycol (DEG) market in the Asia Pacific region experienced significant price increases due to several driving factors. Rising production costs, particularly from elevated feedstock prices of Ethylene Oxide, combined with heightened demand from resin manufacturing sectors, shaped the pricing landscape. Additionally, fluctuations in crude oil prices further contributed to increased production expenses, exerting upward pressure on DEG prices. Seasonal dynamics, notably the surge in construction activities following spring, also enhanced the demand for downstream products, positively impacting DEG pricing. 

In the second quarter of 2024, the Diethylene Glycol (DEG) market in Europe experienced notable fluctuations influenced by varying feedstock prices and seasonal shifts in demand from downstream industries. The volatility in crude oil prices, coupled with low purchasing sentiment and reduced consumption in end-use sectors due to rising inflation and increasing interest rates, collectively impacted the overall pricing landscape. Germany was particularly affected by these dynamics, witnessing the most significant price variations in the region. Logistical challenges and localized disruptions, combined with shifting demand from key industries, created a complex market environment.  

In the second quarter of 2024, the Diethylene Glycol (DEG) market in the MEA region experienced a significant increase in pricing, primarily driven by several interrelated factors. Supply chain challenges, notably congestion and equipment shortages at major ports, alongside strong demand from downstream sectors, exerted upward pressure on DEG prices. Steady demand from local resin producers, coupled with active construction activities, helped maintain this upward momentum. Additionally, rising feedstock costs and logistical hurdles further reinforced this trend, highlighting a bullish sentiment in the market. 

𝐒𝐩𝐞𝐚𝐤 𝐓𝐨 𝐀𝐧𝐚𝐥𝐲𝐬𝐭 : https://www.imarcgroup.com/request?type=report&id=22384&flag=C

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗣𝗿𝗶𝗰𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

• 𝗔𝘀𝗶𝗮 𝗣𝗮𝗰𝗶𝗳𝗶𝗰: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand
• 𝗘𝘂𝗿𝗼𝗽𝗲: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
• 𝗡𝗼𝗿𝘁𝗵 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: United States and Canada
• 𝗟𝗮𝘁𝗶𝗻 𝗔𝗺𝗲𝗿𝗶𝗰𝗮: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
• 𝗠𝗶𝗱𝗱𝗹𝗲 𝗘𝗮𝘀𝘁 & 𝗔𝗳𝗿𝗶𝗰𝗮: Saudi Arabia, UAE, Israel, Iran, South Africa, Nigeria, Oman, Kuwait, Qatar, Iraq, Egypt, Algeria, and Morocco

𝗡𝗼𝘁𝗲: The current country list is selective, detailed insights into additional countries can be obtained for clients upon request.

𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀:

𝗜𝗠𝗔𝗥𝗖 𝗚𝗿𝗼𝘂𝗽
134 N 4th St. Brooklyn, NY 11249, USA
𝗘𝗺𝗮𝗶𝗹: sales@imarcgroup.com
𝗧𝗲𝗹 𝗡𝗼:(𝗗) +91 120 433 0800
𝗨𝗻𝗶𝘁𝗲𝗱 𝗦𝘁𝗮𝘁𝗲𝘀: +1-631-791-1145

𝗔𝗯𝗼𝘂𝘁 𝗨𝘀:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.