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Global Ethylene Glycols Market Size Study, by Derivative (MEG, DEG, TEG), by Application (Polyester Fibers, PET, Antifreeze & Coolants), by End Use (Automotive, Textile), and Regional Forecasts 2022-2032

Publisher Bizwit Research & Consulting
Published Mar 15, 2025
Length 285 Pages
SKU # BIZW19841793

Description

The Global Ethylene Glycols Market, valued at approximately USD 17.76 billion in 2023, is expected to witness substantial growth, expanding at a CAGR of 5.30% from 2024 to 2032. Ethylene glycols, known for their versatile applications, are integral to multiple industries, ranging from textile manufacturing and PET production to automotive coolants and industrial solvents. Their widespread use in polyester fibers, which forms the backbone of the textile industry, has played a pivotal role in driving demand. Moreover, the booming PET packaging industry, fueled by the rising consumption of bottled beverages and food packaging solutions, is significantly contributing to the market's expansion.

A major factor propelling the growth of the ethylene glycols market is the automotive industry's reliance on high-performance antifreeze and coolant solutions. With global vehicle production steadily rising, manufacturers are prioritizing advanced cooling systems to enhance engine performance and longevity. Additionally, stringent environmental regulations are pushing companies to develop bio-based ethylene glycol solutions, aligning with the sustainability goals of leading industries. However, the market faces challenges such as fluctuating raw material costs, environmental concerns related to ethylene oxide production, and regulatory restrictions on certain glycol-based chemicals.

The Asia Pacific region dominates the global ethylene glycols market, accounting for the largest share due to its booming textile and automotive industries. Countries like China, India, and Japan are investing heavily in polyester fiber production and PET manufacturing, making them major consumers of ethylene glycols. Meanwhile, North America continues to expand, driven by advancements in bio-based glycol solutions and sustainable PET packaging. Europe, backed by stringent regulatory frameworks, is fostering eco-friendly alternatives and innovations in the automotive coolant sector. Latin America and the Middle East & Africa are emerging as lucrative markets, with increasing investments in industrial expansion and chemical infrastructure.

With growing environmental consciousness, key industry players are shifting towards circular economy strategies, investing in recyclable PET technologies and green glycol production. Companies are scaling up production capacities, optimizing supply chains, and embracing advanced manufacturing techniques to stay competitive in the evolving market landscape. The combination of technological advancements, strategic collaborations, and rising demand from diverse end-use industries will continue to shape the trajectory of the global ethylene glycols market in the coming decade.

Major Market Players Included in This Report:
• BASF SE
• SABIC
• Dow Inc.
• Sinopec Limited
• LyondellBasell Industries N.V.
• Mitsubishi Chemical Corporation
• ExxonMobil Corporation
• India Glycols Limited
• Royal Dutch Shell PLC
• Indorama Ventures Public Company Limited
• Reliance Industries Limited
• Akzo Nobel N.V.
• Huntsman Corporation
• Eastman Chemical Company
• Formosa Plastics Corporation

The Detailed Segments and Sub-Segments of the Market Are Explained Below:

By Derivative:
• Monoethylene Glycol (MEG)
• Diethylene Glycol (DEG)
• Triethylene Glycol (TEG)

By Application:
• Polyester Fibers
• PET (Polyethylene Terephthalate)
• Antifreeze & Coolants

By End Use:
• Automotive
• Textile

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe (ROE)

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific (RoAPAC)

Latin America
• Brazil
• Mexico

Middle East & Africa
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa (RoMEA)

Years Considered for the Study:
• Historical Year: 2022
• Base Year: 2023
• Forecast Period: 2024-2032

Key Takeaways:
• Market estimates & forecasts spanning 10 years from 2022 to 2032.
• Annualized revenue analysis at regional and country levels for each market segment.
• Comprehensive geographical analysis with country-level insights into market performance.
• Competitive landscape assessment, detailing major industry players.
• Strategic insights into business expansion, mergers, acquisitions, and innovations.
• Structural market analysis outlining industry competitiveness.
• Supply-demand analysis highlighting growth opportunities and challenges.

Table of Contents

285 Pages
Chapter 1. Global Ethylene Glycols Market Executive Summary
1.1. Global Ethylene Glycols Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. {By Derivative}
1.3.2. {By Application}
1.3.3. {By End Use}
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Ethylene Glycols Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory Frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Ethylene Glycols Market Dynamics
3.1. Market Drivers
3.1.1. Rising Demand for Polyester Fibers and PET Applications
3.1.2. Increasing Automotive Cooling Requirements
3.1.3. Advances in Bio-based Glycol Production
3.2. Market Challenges
3.2.1. Fluctuating Raw Material Prices
3.2.2. Stringent Environmental Regulations
3.2.3. High Production Costs
3.3. Market Opportunities
3.3.1. Expansion in Emerging Markets
3.3.2. Technological Advancements in Process Optimization
3.3.3. Adoption of Circular Economy Strategies
Chapter 4. Global Ethylene Glycols Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Ethylene Glycols Market Size & Forecasts by Derivative 2022-2032
5.1. Segment Dashboard
5.2. Global Ethylene Glycols Market: {Derivative} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
5.2.1. Monoethylene Glycol (MEG)
5.2.2. Diethylene Glycol (DEG)
5.2.3. Triethylene Glycol (TEG)
Chapter 6. Global Ethylene Glycols Market Size & Forecasts by Application 2022-2032
6.1. Segment Dashboard
6.2. Global Ethylene Glycols Market: {Application} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
6.2.1. Polyester Fibers
6.2.2. PET (Polyethylene Terephthalate)
6.2.3. Antifreeze & Coolants
Chapter 7. Global Ethylene Glycols Market Size & Forecasts by End Use 2022-2032
7.1. Segment Dashboard
7.2. Global Ethylene Glycols Market: {End Use} Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
7.2.1. Automotive
7.2.2. Textile
Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Company 1
8.3.1.1. Key Information
8.3.1.2. Overview
8.3.1.3. Financial (Subject to Data Availability)
8.3.1.4. Product Summary
8.3.1.5. Market Strategies
8.3.2. Company 2
8.3.3. Company 3
8.3.4. Company 4
8.3.5. Company 5
8.3.6. Company 6
8.3.7. Company 7
8.3.8. Company 8
8.3.9. Company 9
8.3.10. Company 10
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
List of Tables
TABLE 1. Global Ethylene Glycols Market, Report Scope
TABLE 2. Global Ethylene Glycols Market Estimates & Forecasts by Region 2022-2032 (USD Million/Billion)
TABLE 3. Global Ethylene Glycols Market Estimates & Forecasts by Derivative 2022-2032 (USD Million/Billion)
TABLE 4. Global Ethylene Glycols Market Estimates & Forecasts by Application 2022-2032 (USD Million/Billion)
TABLE 5. Global Ethylene Glycols Market Estimates & Forecasts by End Use 2022-2032 (USD Million/Billion)
TABLE 6. Global Ethylene Glycols Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 7. Global Ethylene Glycols Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 8. Global Ethylene Glycols Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 9. Global Ethylene Glycols Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 10. Global Ethylene Glycols Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 11. Global Ethylene Glycols Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 12. Global Ethylene Glycols Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 13. Global Ethylene Glycols Market by Region, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 14. Global Ethylene Glycols Market by Segment, Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 15. U.S. Ethylene Glycols Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 16. U.S. Ethylene Glycols Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
TABLE 17. U.S. Ethylene Glycols Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
TABLE 18. Canada Ethylene Glycols Market Estimates & Forecasts, 2022-2032 (USD Million/Billion)
TABLE 19. Canada Ethylene Glycols Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
TABLE 20. Canada Ethylene Glycols Market Estimates & Forecasts by Segment 2022-2032 (USD Million/Billion)
…
(This list is not complete; the final report contains more than 100 tables. The list may be updated in the final deliverable.)
List of Figures
FIGURE 1. Global Ethylene Glycols Market, Research Methodology
FIGURE 2. Global Ethylene Glycols Market, Market Estimation Techniques
FIGURE 3. Global Market Size Estimates & Forecast Methods
FIGURE 4. Global Ethylene Glycols Market, Key Trends 2023
FIGURE 5. Global Ethylene Glycols Market, Growth Prospects 2022-2032
FIGURE 6. Global Ethylene Glycols Market, Porter’s 5 Force Model
FIGURE 7. Global Ethylene Glycols Market, PESTEL Analysis
FIGURE 8. Global Ethylene Glycols Market, Value Chain Analysis
FIGURE 9. Global Ethylene Glycols Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 10. Global Ethylene Glycols Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 11. Global Ethylene Glycols Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 12. Global Ethylene Glycols Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 13. Global Ethylene Glycols Market by Segment, 2022 & 2032 (USD Million/Billion)
FIGURE 14. Global Ethylene Glycols Market, Regional Snapshot 2022 & 2032
FIGURE 15. North America Ethylene Glycols Market 2022 & 2032 (USD Million/Billion)
FIGURE 16. Europe Ethylene Glycols Market 2022 & 2032 (USD Million/Billion)
FIGURE 17. Asia-Pacific Ethylene Glycols Market 2022 & 2032 (USD Million/Billion)
FIGURE 18. Latin America Ethylene Glycols Market 2022 & 2032 (USD Million/Billion)
FIGURE 19. Middle East & Africa Ethylene Glycols Market 2022 & 2032 (USD Million/Billion)
FIGURE 20. Global Ethylene Glycols Market, Company Market Share Analysis (2023)
…
(This list is not complete; the final report contains more than 50 figures. The list may be updated in the final deliverable.)

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