The global ethylene glycol market is forecast to reach USD 78.10 Billion by 2027, according to a new report by Reports and Data.
New York City, United States – June 9, 2020 /MarketersMedia/ —
Ethylene glycol is a chemical most commonly used in industrial and commercial applications, including coolant and antifreeze. It helps keep a car’s engine from freezing during the winter, and also during the summer, it reduces overheating by acting as a coolant. Other applications of ethylene glycol include heat transfer fluids used as industrial coolants for gas heating, compressors, air-conditioning systems, ventilating, and ice skating rinks. Ethylene glycol is used as a raw material in the production of a broad spectrum of products, including polyester fibers for upholstery, clothes, pillows, and carpet; fiberglass used in products such as bathtubs, bowling balls, and jet skis; and polyethylene terephthalate resin used in bottles and packaging film.
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Key players mentioned in the research report are:
Reliance Industries, Sinopec, SABIC, DowDuPont, Royal Dutch Shell, Huntsman, AkzoNobel, BASF SE, Lotte Chemical, and Ashland Inc., among others.
In terms of applications, the global Ethylene Glycol market can be segmented into:
Polyester Fiber
PET Bottle
Antifreeze
PET Films/Others
Industrial
In terms of types, the global Ethylene Glycol market can be segmented into:
Monoethylene Glycol (MEG)
Diethylene Glycol (DEG)
Triethylene Glycol (TEG)
The Ethylene Glycol Market is analyzed on the basis of dynamics of demand and supply, pricing, total volume produced, revenue generated, and others. The manufacturing is studied on the basis of several factors such as manufacturing plant distribution, industry production, production capacity, and research and development. It also delivers accurate market evaluations with the use of SWOT analysis, investment analysis, returns analysis, and growth trend analysis, and others.
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For geographical segmentation, regional supply, application-wise, and type-wise demand, key players, and others, this report covers the following regions: North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report sheds light on the competitive landscape of the market that covers the product offerings, services, market shares, and business overview. This Ethylene Glycol Market research report covers various dynamic aspects like the market drivers, restraints and challenges, and growth prospects. The prominent and leading companies are profiled in the report.
Key coverage of the report:
• Detailed overview of Ethylene Glycol Market
• In-depth analysis of the changing Ethylene Glycol Market dynamics
• Market segmentation by type, application, region, etc.
• Historical, current, and projected Ethylene Glycol Market size in terms of both volume and value
• Latest industry trends and technological developments
• Competitive landscape of the global Ethylene Glycol Market
• Key strategies of major players
• Potential segments/regions exhibiting promising growth opportunities
Reasons to buy the report:
• Extensive analysis of the market on both global and regional levels.
• Major changes in the competitive landscape.
• Segmentation on the basis of type, application, geography, and others.
• Historical and future market forecast in terms of size, share, growth, volume & sales.
• Key changes in the market’s overall dynamics & developments.
• Industry size & share analysis along with growth trends.
• New emerging segments and regions.
• Prevalent business strategies by key market players.
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This research report delivers a 360 overview of the competitive landscape of the Global Ethylene Glycol Market. Furthermore, it includes massive data regarding the latest trends, technological advancements, and methodologies. The study analyzes the Global Ethylene Glycol Market in a detailed and extensive manner for the readers to gain better insights.
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