openPR Logo
Press release

Ethylene Glycol Market reached US$ 29.2 billion in 2022 and is expected to reach US$ 40.1 billion by 2031 - Shell plc, Dow Chemical Company, BASF SE.

12-09-2024 12:35 PM CET | Chemicals & Materials

Press release from: DataM Intelligence 4market Research LLP

Ethylene Glycol Market

Ethylene Glycol Market

The Ethylene Glycol Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Ethylene Glycol market report is an essential resource for market participants who are looking to gain a comprehensive understanding of the market and identify opportunities for growth.

Download a Free sample PDF (Use Corporate email ID to Get Higher Priority) at: https://datamintelligence.com/download-sample/Ethylene-Glycol-market

Global Ethylene Glycol Market reached US$ 29.2 billion in 2022 and is expected to reach US$ 40.1 billion by 2031, growing with a CAGR of 4.2% during the forecast period 2024-2031.

Ethylene glycol is a colorless, odorless liquid commonly used as an antifreeze in automotive cooling systems and as a raw material in polyester production. It has excellent thermal properties and low freezing points, making it ideal for industrial applications. However, it is toxic if ingested and requires careful handling. Ethylene glycol is also utilized in HVAC systems and as a solvent in various industries. Innovations focus on developing safer and greener alternatives.

Competitive Landscape

The section also contains information related to the new product launches, mergers, acquisitions, collaborations, etc., to give a clear understanding about the competitive landscape prevailing in the global market. With an emphasis on strategies there have been several primary developments done by major companies such as

Saudi Basic Industries Corporation, Shell plc, Dow Chemical Company, BASF SE, Sinopec Corp, Reliance Industries Limited, Mitsubishi Chemical Corporation, LyondellBasell Industries Holdings B.V., Lotte Chemical Corporation and Huntsman Corporation.

Key Developments:

❁ On October 16, 2023, BASF SE announced an expansion of its ethylene oxide and derivatives production capacity at its integrated site in Antwerp, Belgium. This investment adds 400,000 metric tons per year to its capacity, reflecting the company's focus on supporting customer growth and strengthening its position in the European market.

Get Customization in the report as per your requirements + Exclusive Bundle & Multi-User Discounts: https://datamintelligence.com/customize/Ethylene-Glycol-market

Market Segments

The detailed segmentation offered in the report will help customers get a clear idea about the market segments and the factors that will drive segmental growth. The Ethylene Glycol market has been segmented

By Type: Monoethylene Glycol (MEG), Diethylene Glycol (DEG), Triethylene Glycol (TEG), Others.

By Technology: Gas-Based, Naptha-Based, Coal-Based, Bio-Based, Methanol-Based, Others.

By Application: Solvent Coupler, Chemical Intermediate, Solvent, Humectant, Others.

By End-User: Transportation, Packaging, Oil & Gas, Building and Construction, Food & Beverages, Sports, Fabric & Textiles, Personal Care & Cosmetics, Medical & healthcare, Others.

Research Process

Both primary and secondary data sources have been used in the global Ethylene Glycol Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

Regional Analysis for Ethylene Glycol Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

**The full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted**

This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Ethylene Glycol market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Ethylene Glycol Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Ethylene Glycol market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Ethylene Glycol Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

Unlock Year-End Savings! Get Up to 30% Off: https://www.datamintelligence.com/buy-now-page?report=Ethylene-Glycol-market

Frequently asked questions:

➠ What is the global sales value, production value, consumption value, import and export of Ethylene Glycol market?

➠ Who are the global key manufacturers of the Ethylene Glycol Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?

➠ What are the Ethylene Glycol market opportunities and threats faced by the vendors in the global Ethylene Glycol Industry?

➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?

➠ What focused approach and constraints are holding the Ethylene Glycol market?

➠ What are the different sales, marketing, and distribution channels in the global industry?

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Ethylene Glycol Market reached US$ 29.2 billion in 2022 and is expected to reach US$ 40.1 billion by 2031 - Shell plc, Dow Chemical Company, BASF SE. here

News-ID: 3778763 • Views:

More Releases from DataM Intelligence 4market Research LLP

United States Ceramic Armor Market Driven by Demand for Lightweight Protection | Major Companies are BAE Systems Plc, Lockheed Martin Corporation, Northrop Grumman Corporation.
United States Ceramic Armor Market Driven by Demand for Lightweight Protection | …
The Global Ceramic Armor Market reached US$ 2.0 billion in 2022 and is expected to reach US$ 3.9 billion by 2031, growing with a CAGR of 8.1% during the forecast period 2024-2031. The ceramic armor market includes protective materials designed to resist ballistic threats by using lightweight, high-hardness ceramics like alumina, silicon carbide, and boron carbide. These armors are widely deployed in military vehicles, aircraft, naval vessels, and personal protective equipment.
United States Bioprocess Technology Market 2024-2031: Comprehensive Analysis of Cell Culture, Fermentation, Downstream Processing, and Advanced Biomanufacturing Systems Driving Biologics, Vaccines, and Personalized Medicine
United States Bioprocess Technology Market 2024-2031: Comprehensive Analysis of …
The Global Bioprocess Technology Market is expected to reach at a high CAGR during the forecast period 2024-2031. The bioprocess technology market centers on techniques that use living cells, enzymes, or biological systems for manufacturing biopharmaceuticals, vaccines, and biofuels. Key processes include fermentation, cell culture, downstream purification, and bioreactor development. The market is expanding with the rise of biologics, biosimilars, and personalized medicine. Automation, single-use technologies, and continuous bioprocessing are enhancing
United States Smart Fabric Market Outlook 2024-2031: Interactive and Functional Textiles Driving Innovation in Healthcare, Military, Sports, Automotive, and Entertainment Applications
United States Smart Fabric Market Outlook 2024-2031: Interactive and Functional …
Global Smart Fabric Market reached US$ 2.6 billion in 2023 and is expected to reach US$ 6.7 billion by 2031, growing with a CAGR of 12.8% during the forecast period 2024-2031. The smart fabric market involves textiles integrated with electronic components, sensors, and nanomaterials to provide interactive and functional properties. These fabrics can monitor health, regulate temperature, generate energy, or improve athletic performance. Applications span healthcare, defense, sportswear, and consumer electronics.
United States Polyphenylene Sulfide Market Forecast 2024-2031: Trends, Innovations, and Growth Drivers in Heat-Resistant, Chemically Stable, and Flame-Retardant PPS for Automotive, Aerospace, and Industrial Applications
United States Polyphenylene Sulfide Market Forecast 2024-2031: Trends, Innovatio …
The Global Polyphenylene Sulfide (PPS) Market reached US$ 2.6 billion in 2022 and is expected to reach US$ 5.3 billion by 2031, growing with a CAGR of 9.6% during the forecast period 2024-2031. The polyphenylene sulfide (PPS) market focuses on high-performance thermoplastic polymers known for their exceptional heat resistance, dimensional stability, and chemical resistance. PPS is widely used in automotive, electronics, aerospace, and industrial applications where durability under extreme conditions is

All 5 Releases


More Releases for Glycol

Major Market Shift in Caprylyl Glycol Industry: Innovation With Bio-Based Glycol …
What Is the Forecasted Market Size and Growth Rate for the Caprylyl Glycol Market? The caprylyl glycol market has grown significantly in recent years. It is forecasted to rise from $1.59 billion in 2024 to $1.71 billion in 2025, with a CAGR of 7.6%. This growth is fueled by the increasing popularity of skincare products, the demand for organic cosmetics, the rising need for natural preservatives, expansion in end-use industries, and
Global Glycol Market: Robust Growth Driven by Industrial Expansion and Innovatio …
Glycol Market: Surging From $42.23 Billion in 2024 to $62.02 Billion in 2029 with 8% CAGR Driven by Automotive Industry Growth and Major Technological Advancements What Is The Projected Market Size Of The Global Glycol Market And Its Growth Rate? • The global glycol market size is projected to grow from $42.23 billion in 2024 to $45.54 billion in 2025, with a robust 7.8% CAGR. • The strong growth in the historic period
Polyethylene Glycol Market Report 2024 - Polyethylene Glycol Market Share And Tr …
"The Business Research Company recently released a comprehensive report on the Global Polyethylene Glycol Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get Your Free Exclusive Sample
Automotive Antifreeze Market : Ethylene Glycol, Propylene Glycol and Glycerin 20 …
The global automotive antifreeze market was valued at $4.92 billion in 2019, and is projected to reach $6.01 billion by 2027, registering a CAGR of 7.9% for the forecast period 2020-2027. Download Report Sample at https://www.alliedmarketresearch.com/request-sample/2557 The key players analyzed in this automotive antifreeze market report are Castrol, Chevron Corporation, Exxon Mobil Corporation, Halfords Group PLC., Motul, Prestone Products Corporation, Rock Oil Company LLC., Royal Dutch Shell
Automotive Antifreeze Market : Ethylene Glycol, Propylene Glycol and Glycerin 20 …
The Global Automotive Antifreeze Market by Fluid Type ( Ethylene Glycol, Propylene Glycol and Glycerin), Technology (Inorganic Additive Technology (IAT), Organic Acid Technology (OAT) and Hybrid Organic Acid Technology (HOAT)), Application (Passenger vehicle, Commercial vehicle and Construction vehicle), and Distribution Channel (Original Equipment Manufacturers (OEMs) and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020-2027 was valued at $4.92 billion in 2019, and is projected to reach $6.01 billion by 2027,
Glycol Dehydration Unit Market Glycol Dehydration Unit Market 2028
Persistence Market Research delivers key insights on the global glycol dehydration unit market, in its report titled, 'Glycol Dehydration Unit Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028'. Over the forecast years, the global glycol dehydration unit market is expected to show a positive outlook. The market value is expected to increase at a healthy pace over the forecast period. Based on the glycol type segment, the triethylene glycol segment is