According to latest analysis by Gen Consulting Company, the global glycols market is poised to grow by 12.0 million tons during 2022-2028, progressing at a CAGR of 4.1% during the forecast period.
This industry report offers market estimates of the global market, followed by a detailed analysis of the product, end user, and region. The global market data on glycols can be segmented by product: ethylene glycol, propylene glycol, others. The ethylene glycol segment held the largest share of the global glycols market in 2021 and is anticipated to hold its share during the forecast period. Glycols market is further segmented by end user: automotive and transportation, cosmetics, food and beverages, packaging, pharmaceuticals, textile, others. Based on region, the glycols market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW).
The ethylene glycol market is further segmented into diethylene glycol (DEG), monoethylene glycol (MEG), polyethylene glycol (PEG), triethylene glycol (TEG). In 2021, the MEG segment made up the largest share of the glycols market.
The global glycols market is highly competitive. The leading players in the glycols market include BASF SE, China Petroleum & Chemical Corporation (Sinopec), China Sanjiang Fine Chemicals Company Limited, Dow Inc., Huntsman Corporation, India Glycols Ltd., Indian Oil Corporation Limited, Indorama Ventures PCL, INEOS Group Limited, Lotte Chemical Corporation, LyondellBasell Industries N.V., MEGlobal International FZE, Mitsubishi Chemical Holdings Corporation, Nouryon Holding B.V., Oxiteno S.A., PETRONAS Chemicals Group Berhad (PCG), Rabigh Refining & Petrochemical Company (Petro Rabigh), Reliance Industries Limited, Saudi Basic Industries Corporation (SABIC), Shell plc, The Archer-Daniels-Midland Company, Vinmar International Ltd.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 4.1% |
| Pages | 26 |
| Key Players | BASF SE, China Petroleum & Chemical Corporation (Sinopec), China Sanjiang Fine Chemicals Company Limited, Dow Inc., Huntsman Corporation, India Glycols Ltd., Indian Oil Corporation Limited, Indorama Ventures PCL, INEOS Group Limited, Lotte Chemical Corporation, LyondellBasell Industries N.V., MEGlobal International FZE, Mitsubishi Chemical Holdings Corporation, Nouryon Holding B.V., Oxiteno S.A., PETRONAS Chemicals Group Berhad (PCG), Rabigh Refining & Petrochemical Company (Petro Rabigh), Reliance Industries Limited, Saudi Basic Industries Corporation (SABIC), Shell plc, The Archer-Daniels-Midland Company, Vinmar International Ltd. |
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