Press release
Ethylene Glycol Market Surges with Sustainable Innovations and Global Demand Spike in 2025 | Trending key players - Shell plc, Dow Chemical Company, BASF SE.
Ethylene Glycol Market
The Ethylene Glycol Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Ethylene Glycol Market refers to the global industry involved in the production, distribution, and application of ethylene glycol, a colorless, odorless organic compound primarily used as an antifreeze and coolant in automotive and industrial applications. It is also a key raw material in the manufacturing of polyester fibers, resins, and polyethylene terephthalate (PET) for packaging and textiles.
Prominent Industry players in the Ethylene Glycol Market
The prominent players in Ethylene Glycol market research report are: 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.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News
October 16, 2023 - BASF SE: Expanded production capacity of ethylene oxide and derivatives by ~400,000 metric tons/year at its Antwerp, Belgium site. This investment enhances BASF's market position in Europe and supports its growing customer base.
October 17, 2022 - SABIC (via Jubail United Petrochemicals): Established its third Ethylene Glycols Plant, with a 700,000 metric tons/year capacity for Monoethylene Glycol (MEG), and is set to commence commercial operations.
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Market Segments
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.
The Ethylene Glycol industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Ethylene Glycol Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Ethylene Glycol Market?
✒ Who are the prominent players in the Ethylene Glycol Market?
✒ How is the regulatory landscape affecting the Ethylene Glycol Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Ethylene Glycol Market?
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