Global Ethylene Glycol Market 2025-2029

Ethylene Glycol Market 2025-2029

The ethylene glycol market is forecasted to grow by USD 18421.6 mn during 2024-2029, accelerating at a CAGR of 8.9% during the forecast period. The report on the ethylene glycol market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for polyester fibers, growth in electric vehicle sector, and industrialization in emerging economies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Technavio's ethylene glycol market is segmented as below:

By Type

• MEG
• DEG
• TEG

By Application

• Polyester fiber and films
• PET
• Antifreeze and coolant
• Others

By Industry Application

• Textile
• Packaging
• Automotive

By Geographical Landscape

• APAC
• North America
• Europe
• Middle East and Africa
• South America

This study identifies the focus on sustainable production as one of the prime reasons driving the ethylene glycol market growth during the next few years. Also, increasing demand for bio-based meg and emerging applications of ethylene glycol will lead to sizable demand in the market.

The report on the ethylene glycol market covers the following areas:

• Ethylene Glycol Market sizing
• Ethylene Glycol Market forecast
• Ethylene Glycol Market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ethylene glycol market vendors that include BASF SE, China Petrochemical Corp., Eastman Chemical Co., Equate Petrochemical Co, Exxon Mobil Corp., Huntsman Corp., India Glycols Ltd., Indorama Ventures Public Co. Ltd., INEOS Group Holdings S.A., Lotte Chemical Corp., LyondellBasell Industries NV, Mitsubishi Chemical Group Corp., Nan Ya Plastic Corp., NIPPON SHOKUBAI CO. LTD., PETRONAS Chemicals Group Berhad, PTT Global Chemical Public Co. Ltd., Reliance Industries Ltd., Saudi Basic Industries Corp., Shell plc, and The Dow Chemical Co.. Also, the ethylene glycol market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth. Show more