Diethylene glycol is a colorless, practically odorless organic compound produced by partial hydrolysis of ethylene oxide. It is a low viscosity and low volatility liquid with a sweet taste. Diethylene glycol is widely utilized as a solvent for paint pigments, resins, textile dyes, oils, and printing. It is also used as a raw material in the manufacture of thermoplastic polyurethanes, plasticizers, and polyester resins. Diethylene glycol is also exploited as a humectant in paper and pulp, leather processing, tobacco manufacturing, and printing inks applications.
MARKET DYNAMICS
Diethylene glycol is extensively used as a plasticizer in the plastics industry. Increasing demand for the product from the plastics industry is anticipated to propel the demand for diethylene glycol in the coming years. It is also used as a chemical intermediate for products such as polyurethanes and polyester resins and. Hence, the diethylene glycol market is witnessing robust demand from the chemical industry. This is projected to drive the global diethylene glycol market in the next few years.
MARKET SCOPE
The "Global Diethylene Glycol Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the diethylene glycol market with detailed market segmentation by application, end-use industry and geography. The global diethylene glycol market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading diethylene glycol market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global diethylene glycol market is segmented on the basis of form application and end-use industry. On the basis of application, diethylene glycol market is segmented into into plasticizers, personal care, chemical intermediates, polyester resins, and others. On the basis of end-use industry, market is segmented into plastics, buildings and construction, polymers, paints and coatings, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global diethylene glycol market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The diethylene glycol market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the diethylene glycol market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the diethylene glycol market in these regions.
MARKET PLAYERS
The reports cover key developments in the diethylene glycol market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from diethylene glycol market are anticipated to lucrative growth opportunities in the future with the rising demand for organic shrimps in the global market. Below mentioned is the list of few companies engaged in the diethylene glycol market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the diethylene glycol market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- China Petrochemical Corporation
- Dow, Inc.
- Huntsman
- India Glycols Limited
- Indian Oil Corporation Ltd
- Merck KGaA
- NIPPON SHOKUBAI CO., LTD
- Reliance Industries Limited
- SABIC
- Shell
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.