Glycols Market Set for Steady Expansion by 2025: Current Trends, Future Outlook, and Strategic Innovations Through 2032

Glycols Market

The glycols market, in terms of revenue, was estimated to be worth USD 48.16 billion in 2024. It is poised to reach USD 89.80 billion by 2034, growing at a CAGR of 6.50% from 2025 to 2034.

What Are Glycols?

Glycols are a group of organic compounds associated with the alcohol family. They are commonly known as antifreeze and are known to have a sweet taste. They are widely used in various industrial applications, including antifreeze, coolant systems, and as humectants in cosmetics and food products. The two most widely known glycols are ethylene glycol, which is toxic and used primarily in antifreeze and industrial applications, and propylene glycol, a safer, non-toxic alternative used in food, cosmetics, and pharmaceuticals.

A sample report can be viewed by visiting here: https://www.polarismarketresearch.com/industry-analysis/glycols-market/request-for-sample

Who Are Key Market Players?

The report highlights the major companies in the market, detailing their product portfolios, market shares, financial health, regional presence, segment revenues, and SWOT analyses. Some of the prominent players operating in the market include:

Segmentation by Top Companies:

BASF SE
China Petroleum & Chemical Corporation
Dow Dupont
ExxonMobil Corporation
Huntsman International LLC
LyondellBasell Industries
Royal Dutch Shell plc
Saudi Basic Industries Corporation (SABIC)
Total S.A.

How is the market segmented?

The glycols market is mainly segmented on the basis of product, application, end-use industry, and region.

Based on product, the ethylene glycol segment dominated the market in 2024 owing to the growing automobile industry and rising requirement for reliable and productive engine cooling solutions.

Based on application, the automotive segment dominated the market in 2024. This is because glycols, particularly ethylene glycol and propylene glycol, are important constituents of engine cooling systems, serving as antifreeze and coolant to prohibit freezing and overheating, thus sanctioning dependable and productive vehicle performance.

Glycols Market, Product Outlook (Revenue - USD Billion, 2020-2034)

Propylene Glycol
Ethylene Glycol

Glycols Market, Applications Outlook (Revenue - USD Billion, 2020-2034)

HVAC
Airlines
Pipeline Maintenance
Automotive
Textiles
Medical
Polyester Fibers & Resins
Others

Glycols Market, End-use Outlook (Revenue - USD Billion, 2020-2034)

Packaging
Cosmetics
Textiles
Automotive & Transportation
Food & Beverage
Pharmaceuticals
Others

Explore the complete report here: https://www.polarismarketresearch.com/industry-analysis/glycols-market

What Are Major Market Drivers?

Polyethylene terephthalate (PET), polyester films, and polyurethane (PU) adhesives are being widely utilized, covering several sectors. Ethylene glycol is an important constituent in the generation of these films. PU and polyester films find extensive applications in the food and beverage industry for packaging juices, soft drinks, water, alcoholic beverages, and edible oils, which propel the glycols market ahead.

Ethylene glycol is an important constituent of engine coolants and antifreeze solutions, which assist in maintaining internal combustion engines operating at their perfect temperature, circumvent freezing in cold places, and prohibit overheating in warm conditions. These coolants and antifreeze agents are popular because of the growing automotive industry globally.

How Is Regional Analysis Done?

Glycols Market, Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
Product Outlook
Propylene Glycol
Ethylene Glycol
Applications Outlook
HVAC
Airlines
Pipeline Maintenance
Automotive
Textiles
Medical
Polyester Fibers & Resins
Others

Research Methodology:

The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them study and filter it thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports and white papers have been used by data analysts for an insightful understanding of the market.

Important Points for Glycols Market Analysis:

✅ Market Players & Competitor Analysis: This report highlights key industry players, including their company profiles, product specifications, production capacity, sales performance, revenue, pricing, and profit margins. It also provides an in-depth competitive landscape analysis, detailing vendor insights and the challenges major market players face.

✅ Global & Regional Market Analysis: A comprehensive overview of the global and regional market landscape, including status, outlook, and forecasts. The report breaks down sales volume, revenue projections, and regional performance, offering detailed insights by product type and application.

✅ Market Trends: Covers key industry trends, including rising competition and ongoing technological advancements.

✅ Opportunities & Growth Drivers: Identifies emerging market demands and innovations shaping the industry's future.

Reason to buy this Glycols Market Report:

1️⃣ Understand the current and future of the glycols market in both established and rising markets.
2️⃣ The report enlightens the massive patterns, causes, and impact factors globally and regionally.
3️⃣ The latest developments within the Glycols Market and details of the industry leaders alongside their market share and methods.
4️⃣ It looks into vital developments like extensions, agreements, new product launches, and acquisitions on the horizon.
5️⃣ Analysis of the market's potential, preferred position, opportunity, difficulty, restrictions, and hazards on a world and regional level.

Why Choose the Glycols Market Report?
☛ Unbiased Insights & In-Depth Market Analysis
☛ 24/7 Customer Support to assist with any queries
☛ Expert Analysts dedicated to delivering high-quality research
☛ Trusted by 500+ Companies for strategic growth
☛ A Systematic & Methodical Research Approach for accurate market assessments

Purchase This Premium Research Report at: https://www.polarismarketresearch.com/buy/537/0

Top Trending Reports of Polaris Market Research:

Caprylic Triglyceride Market: https ://www.polarismarketresearch.com/industry-analysis/caprylic-triglycerides-marketet

Acrylic Acid Market: https://www.linkedin.com/pulse/acrylic-acid-market-size-share-revenue-agohf

Biobased Polycarbonate Market: https://www.polarismarketresearch.com/industry-analysis/biobased-polycarbonate-market

Contact:

Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter

About Polaris Market Research & Consulting, Inc:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

This release was published on openPR.