Tri-ethylene Glycol (TEG) Market - Detailed Study Analysis and Forecast by 2023

Infinium Global Research has added a new report on Global Tri-ethylene Glycol Market: Trends Analysis and Forecast 2023.  The report presents analysis global as well as regional markets of Tri-ethylene Glycol over the period of 2015 to 2023. Moreover, the IGR-Growth Matrix given in the report provides key focus areas and investment areas the market players can focus on. The market size is presented in terms of value for the historic year 2015 and estimated for forecast period of 2017 to 2023.

The global Tri-ethylene Glycol market was dominated by the Asia Pacific region followed by the North American and Middle East Tri-ethylene Glycol market. On the basis of countries, the U.S., China, Saudi Arabia, Qatar and India led the global Tri-ethylene Glycol market. The growing demand for Tri-ethylene Glycol in the solvents, polyurethanes and humectants application has played a major role in driving the Tri-ethylene Glycol market across the globe. Similarly factors such as rapid industrialization leading to an increase in investments, new establishments for oil & gas exploration activities and properties of Tri-ethylene Glycol such as odourless and hygroscopic are some of the important factors responsible for the growth of the global Tri-ethylene Glycol market.

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Furthermore, growing natural gas production and increasing demand for plasticizers are considered to be the key factor driving the global tri-ethylene glycol market over the forecast period. Furthermore, increasing use of tri-ethylene glycol to produce variety of products for industrial and commercial use such as solvents, adhesives & coatings, lubricants, polyurethane foams, emulsifiers and thermoplastics are also driving the global tri-ethylene glycol market significantly. Moreover, growing use of tri-ethylene glycol due its hygroscopic nature in air conditioning systems and dehydration of natural gas will also drive the tri-ethylene glycol market globally over the forecast period.

Tri-ethylene Glycol is used for the applications such as natural gas dehydration, solvents, plasticizers, polyurethanes, humectants, polyester resins and others. The report identifies the largest application for which Tri-ethylene Glycol is used. Among the geographies Asia Pacific is expected to be the largest market for the Tri-ethylene Glycol market over the Forecast period from 2017 to 2023. The report covers the analysis of global as well as regional markets of the Tri-ethylene Glycol market.

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Moreover the report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand globally as well as regionally. Moreover, Infinium Global Research- Growth Matrix (IGR- Growth Matrix) given in the report brings an insight on the investment areas that existing or new market players can consider.

The report provides insights into the market using analytical tools such as Porter’s five forces analysis and value chain analysis of Tri-ethylene Glycol. Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the Tri-ethylene Glycol that will impact the demand during the forecast period.

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The Infinium Global Research- Growth Matrix (IGR- Growth Matrix) provided in this report highlights key investing markets in the world. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. Additionally, the analysis highlights rise and fall in the market shares of the key players in the market. This report will help manufacturers, suppliers and distributors to understand the present and future trends in this market and formulate their strategies accordingly.

The companies covered in the report include SABIC, Reliance Industries Ltd, LyondellBasell, Eastman Chemicals, ExxonMobil, The Dow Chemical Company, Sinopec, China Petroleum & Chemical Corporation, Clariant, INEOS Group Ltd, Royal Dutch Shell, BASF, Huntsman Corporation, Indorama Venture and Formosa Plastics.

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