Glycols Market Growth Probability, Leading Vendors and Future Scenario up to 2026

19/ago/2019 14:13:30 Polaris Market Research Contatta l'autore

New York, NY 19 August 2019: The global  glycols market  size is anticipated to reach USD 49.36 billion by 2026 growing at a CAGR of 5.1% from 2018 to 2026 according to a new report published by Polaris Market Research. The report  'Glycols Market Share, Size, Trends, and Industry Analysis Report, By Product (Propylene Glycol, Ethylene Glycol (Mono-ethylene Glycol, Di-ethylene Glycol, Tri-ethylene Glycol), By Applications (Textiles, Automotive, HVAC, Medical, Airline, Others), By Regions: Segment Forecast, 2018 - 2026 '  provides insights into current market scenarios and future prospects Increasing demand for ethylene and propylene glycol is owing to its increasing demand from many primary end-use industries . 

Large volumes of ethylene glycols are consumed for manufacturing of automotive coolant or antifreeze. Ethylene glycols are non-corrosive, stable chemicals with high flash points. Propylene glycols are relatively nontoxic liquids that are practically odorless and colorless. Some of its primary applications include heat transfer fluids, paints & coatings, antifreeze coolants, functional fluids and plasticizers.

 The hygroscopicity of these products makes it an important conditioning agent in vinyl floor tiles, cork, adhesives, cellulose sponges, synthetic rubbers, printing inks and paper products. Ethylene glycol is also used in formulation of alkyd type resins which has linear chain structures and even unsaturated polyester resins. It is also used in the dehydration of natural gas. Apart from these the product has several applications in polyester, textile, HVAC, medical, airline and food & beverage industry.

 MEG is the largest volume produced of all the ethylene glycols. Polyester grade EG are among the leading application-based product production. This product grade is used in manufacturing of PET resins, fibers and various other substances such as tire cords, textiles, soft drinks, video tapes and water containers.

 


Request for a sample of this research report @  https://www.polarismarketresearch.com/industry-analysis/glycols-market/request-for-sample  

 


The high purity and industrial grade EG are utilized in formulation of various products that require hygroscopic, solvent, or high boiling point physiognomies. Some of these end-use products include printing inks, paints, cleaners, heat transfer fluids, hydraulic fluids, and electronics. The antifreeze grade is one of the major manufacturing components of engine coolants especially for automotive.

 Diethylene glycol (DEG) has excellent solvent properties and has higher boiling point, specific gravity and viscosity. Some of the primary applications of DEG include adhesives, heat transfer fluids, cement processing and cleansers. Moreover, it is also used as a chemical intermediate in the production of polyurethanes and unsaturated polyester resins.

 The application of the following lines has increased significantly over the years. near future.

However, prices of ethylene and propylene glycol have been fluctuating over two years across the regional markets. The product market has been significantly affected.

 

Browse summary of this report with TOC @  https://www.polarismarketresearch.com/industry-analysis/glycols-market  

 


In 2017, the Asian Pacific glycols industry faced with a few challenges in terms of lower down market growth in the downstream polyester terephthalate (PET), polyester fiber and yarn sectors. The listing of monoethylene futured as a product in the China's Dalian Commodity Exchange (DCE) and added certain uncertainty to MEG price movements. In 2016 as well, the Asia Pacific market experienced volatility and was a challenging market space.

However, the average global prices of MEG saw gains in the first quarter of 2017 though it stabilized by the end of the year. It was mainly due to the increase in demand for polyester fibers from other major global suppliers of MEG.

The global market is a competitive marketplace with moderate degree of integration across the value chain by several market players. Some of the lading market participants include ExxonMobil Corporation, Saudi Basic Industries Corporation (SABIC), Dow Dupont, Royal Dutch Shell plc, LyondellBasell Industries, Total SA, and China Petroleum & Chemical Corporation.

 Polaris Market Research has segmented the global glycols market on the basis of product, application and region:


Glycols Product Outlook (Revenue, USD Billion, 2015 - 2026)
 

·          Propylene glycol

·          Ethylene glycol

or     Mono-ethylene glycol

or     Di-ethylene glycol

Glycols Application Outlook (Revenue, USD Billion, 2015 - 2026) 

·          Polyethylene

·          Textiles

·          Automotive

·          HVAC

·          Medical

·          Airline

·          Polyester Fiber & Resins

·          Food & Beverage

·          Others

Glycols Regional Outlook (Revenue, USD Billion, 2015 - 2026)     

·          North America

or     U.S.

or     Canada

·          Europe

or     Germany

or     UK

or     France

or     Italy

or     Spain

or     Belgium

or     Russia

or     Netherlands

or     Rest of Europe

·          Asia-Pacific

or     China

or     India

or     Japan

or     Korea

or     Singapore

or     Malaysia

or     Indonesia

or     Thailand

or     Philippines

or     Rest of Asia-Pacific

·          Latin America

or     Brazil

or     Mexico

or     Argentina

o     Rest of LATAM

·          Middle East & Africa

or     UAE

or     Saudi Arabia

or     South Africa

·          Rest of MEA

 


Get Exclusive Discount on This Report @  https://www.polarismarketresearch.com/industry-analysis/glycols-market/request-for-discount-pricing 


About Polaris Market Research
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clients spread across different enterprises. We at Polaris are obliged to serve our different customer bases across the industries of healthcare, technology, semi-conductors and chemicals among various other industries around the world. We strive to provide customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thus helping them to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced and extremely qualified team of experts including SMEs, analysts and consultants,


Contact Us:
Mr. Likhil Corporate Sales, USA Polaris Market Research Phone: 1-646-568-9980 Email: 
sales@polarismarketresearch.com
Web: 
www.polarismarketresearch.com

 

blog comments powered by Disqus
Comunicati.net è un servizio offerto da Factotum Srl