Glycol Market to Witness Massive Growth by 2032| Chemtex, Clariant, Evonik

HTF MI recently introduced Global Glycol Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Dow Chemical, BASF, SABIC, Huntsman Corporation, LyondellBasell, India Glycols Limited, MEGlobal, Reliance Industries Limited, Eastman Chemical Company, Sinopec, Shell Chemicals, Mitsubishi Chemical, Chemtex, AkzoNobel, ExxonMobil, Evonik, Clariant, Formosa Plastics, SK Chemicals, Mitsubishi Gas Chemical, Dow Chemical Company, SABIC, INEOS, Temix International S.R.L, Ashland, Inc, AkzoNobel N.V, Clariant AG, LOTTE CHEMICAL CORPORATION
Cargill Inc, BASF.

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According to HTF Market Intelligence, the Global Glycol market is expected to grow from USD 44.2 Billion in 2024 to USD 77.6 Billion by 2032, with a CAGR of 7.3% from 2025 to 2032.

The Glycol market is segmented by Types (Ethylene Glycol, Propylene Glycol, Polyethylene Glycol, Diethylene Glycol, Bio-based Glycol), Application (Automotive Coolants, Heat Transfer Fluids, Plasticizers, Food & Beverage Additives, Pharmaceuticals) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

Definition:
Glycol refers to a class of organic compounds belonging to the alcohol family, characterized by the presence of two hydroxyl (-OH) groups attached to adjacent carbon atoms. The most commonly known glycols are ethylene glycol and propylene glycol, which are widely used in various industrial and commercial applications. Ethylene glycol is primarily utilized as an antifreeze in cooling and heating systems, while propylene glycol serves as a safer alternative in food, pharmaceuticals, and cosmetics due to its lower toxicity. Glycols are also used as solvents, plasticizers, and intermediates in the production of polyester resins and other polymers. Their properties, such as low freezing points and high boiling points, make them valuable in automotive, construction, and chemical industries. The demand for glycols is driven by their versatility and adaptability in addressing diverse industry needs.

Dominating Region:
• Asia-Pacific

Fastest-Growing Region:
• Asia-Pacific

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Glycol market segments by Types: Ethylene Glycol, Propylene Glycol, Polyethylene Glycol, Diethylene Glycol, Bio-based Glycol

Detailed analysis of Glycol market segments by Applications: Automotive Coolants, Heat Transfer Fluids, Plasticizers, Food & Beverage Additives, Pharmaceuticals

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

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Glycol Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

Points Covered in Table of Content of Global Glycol Market:
Chapter 01 - Glycol Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Glycol Market - Pricing Analysis
Chapter 05 - Global Glycol Market Background or History
Chapter 06 - Global Glycol Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Glycol Market
Chapter 08 - Global Glycol Market Structure & worth Analysis
Chapter 09 - Global Glycol Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Glycol Market Research Methodology

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

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This release was published on openPR.