Glycols Market was valued at US$ 35.25 Bn in 2022 and is expected to reach US$ 53.01 Bn by 2029, at a CAGR of 6% during a forecast period.
Glycols Market Overview
The recently published Glycols Market Report by Maximize Market Research is available in the market. Maximize Market research is an international business consultancy firm, serving large and medium size players across the world. It has got clients in more than 34 countries. The impact of the market is normal after the Covid Lockdown has been analyzed in the report and the market is showing an upward trend even in the midst of an economic slowdown.
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Glycols Market Scope
Market experts estimate that the Glycols market will grow steadily from 2022 to 2029. Leading industry players are expected to continue to make aggressive moves to rapidly build the sector through 2022. The Glycols market analysis report covers import and export consumption, supply and demand chain, costs, shares, sales volumes, revenues, and gross profits. The report also examines the manufacturing bases, capacity, production, factory prices, revenues, and market share of each manufacturer in the Glycols market.
Glycols Market Segmentation
by Product
Ethylene Glycol
Mono-ethylene glycol
Di-ethylene glycol
Tri-ethylene glycol
Propylene Glycol
by Application
Automotive
HVAC
Textiles
Airline
Medical
Pipeline Maintenance
Polyester Fibers & resin
Food & Beverage Processing
Others
Based on product, the Ethylene glycols segment is expected to contribute a major revenue share to the global market and is expected to maintain its dominance over the forecast period. The growing demand for polyester in the textile industry is driving the demand for Mono-ethylene glycols in the textile end-use industry. Textiles accounted for over 12% of global revenue in 2022.
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Glycols Market Key Players
1. SABIC
2. Dow Chemical Company
3. Sinopec, Corp
4. Royal Dutch Shell plc.
5. Reliance Industries Ltd.
6. Huntsman International LLC
7. BASF
8. Kuwait Petroleum Corporation
9. AkzoNobel N.V.
10. Clariant AG
11. Formosa Plastics Corporation
12. INEOS
13. Ultrapar Participacoes S.A. (Ultrapar)
14. LOTTE CHEMICAL CORPORATION
15. Archer Daniels Midland Company
16. Dupont Tate & Lyle Bio Products LLC
17. Temix International S.R.L.
18. Ashland, Inc.
19. Cargill Inc.
20. LyondellBasell Industries
Regional Analysis
The European region, North American region, Asia-Pacific region, the Middle East and Africa region, and Latin America are the five primary world regions included in the report. The Glycols Industry Research identifies the market’s key geographies, as well as notable segments and sub-segments. The Glycols market report includes figures, geographies, revenue, and in-depth analysis of the business chain structure, opportunities, and industry news of the Glycols market.
The following countries are researched in the report:
- United States (USA)
- Canada
- Mexico
- Germany
- France
- United Kingdom (UK)
- Russia
- Italy
- China
- Japan
- South Korea
- India
- Southeast Asia
- Australia
- Brazil
- Saudi Arabia
Key Questions answered in the Glycols Market Report are:
- What is the expected Glycols market size by 2029?
- What is the forecast period of the Glycols Market?
- What are the Glycols market segments?
- What is the competitive scenario of the Glycols market?
- Which region held the largest market share in the Glycols Market?
- What are the opportunities for the Glycols Market?
- What are the restraining factors in the Glycols market?
- Who are the key players of the Glycols market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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