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Global Glycol Market 2017-2021

Global Glycol Market 2017-2021

About Glycol

Glycol is a colorless liquid derived from petrochemicals. It is sweet in taste. It is used as an anti-freeze agent mainly in automobile cooling systems. It is a water-miscible coolant used in various heat transfer and cooling applications also. Glycol is used in various applications such as HVAC systems, automobiles, polyester fiber and resins, textile, airlines, and others.

Technavio’s analysts forecast the global glycol market to grow at a CAGR of 6.48% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global glycol market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Glycol market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Akzo Nobel
  • BASF
  • SABIC
  • Shell
  • The Dow Chemical Company
Other prominent vendors
  • DuPont
  • HaiKe Chemical Group
  • Huntsman International
  • India Glycols Limited
  • INEOS
  • ME Global
  • Repsol
  • Reliance Industries
Market driver
  • Growing consumption in automobiles
  • For a full, detailed list, view our report
Market challenge
  • Volatile petrochemical prices
  • For a full, detailed list, view our report
Market trend
  • Trend of bio-based glycols
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Glycol market 2017-2021

Technavio recognizes the following companies as the key players in the global glycol market: Akzo Nobel, BASF, SABIC, Shell, and The Dow Chemical Company

Other Prominent Vendors in the market are: DuPont, HaiKe Chemical Group, Huntsman International, India Glycols Limited, INEOS, ME Global, Repsol, and Reliance Industries

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Trend of bio-based glycols. The demand for bio-based glycols is expected to grow at a CAGR of above 8% during the forecast period. As various governments are taking initiatives toward mitigating environmental concerns, they are utilizing non-perishable resources. Many initiatives have been taken toward the release of hazardous petrochemical process pollutants during the various production process. These initiatives are expected to raise the demand for bio-based products that includes bio-based glycols.”

According to the report, one of the major drivers for this market is Growing consumption in automobiles. Glycols are used as an important anti-freezing agent in automobiles. It lowers the freezing point of a water-based liquid and increases its boiling point when mixed with water. Once glycol is added to water, its freezing temperature goes down below 32⁰ Fahrenheit. Thus, it is also known as engine coolant.

Further, the report states that one of the major factors hindering the growth of this market is Volatile petrochemical prices. Polyethylene is mainly derived from crude oil. It can also be extracted from natural gas and coal. The prices of crude oil, polyethylene, and ethylene are inter-dependent. Crude oil prices across the globe fluctuate according to the varying market demand. Fluctuations in oil prices affect the price of ethylene. So, when the crude oil prices are high, polyethylene producers use natural gas in the place of crude oil to produce ethylene to increase their profit margin. Thus, even though there might be a weak co-relation between crude oil prices and polyethylene, t ethylene prices are still dependent on prices of crude oil.

Companies Mentioned

Akzo Nobel, BASF, SABIC, Shell, The Dow Chemical Company, DuPont, HaiKe Chemical Group, Huntsman International, India Glycols Limited, INEOS, ME Global, Repsol, and Reliance Industries

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Global glycol market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
    • Market size and forecast
      • Table Global glycol market - Market size and forecast 2016-2021 ($ mn)
      • Table Global glycol market - Year over year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2016-2021 (%)
    • Comparison by application
      • Table Comparison by application
    • HVAC - Market size and forecast
      • Table HVAC - Market size and forecast 2016-2021 ($ mn)
      • Table HVAC - Year over year growth 2017-2021 (%)
    • Automobiles - Market size and forecast
      • Table Automobiles - Market size and forecast 2016-2021 ($ mn)
      • Table Automobiles - Year over year growth 2017-2021 (%)
    • Polyester fiber and resins - Market size and forecast
      • Table Polyester fiber and resins - Market size and forecast 2016-2021 ($ mn)
      • Table Polyester fiber and resins - Year over year growth 2017-2021 (%)
    • Textiles - Market size and forecast
      • Table Textiles- Market size and forecast 2016-2021 ($ mn)
      • Table Textiles - Year over year growth 2017-2021 (%)
    • Airlines - Market size and forecast
      • Table Airlines - Market size and forecast 2016-2021 ($ mn)
      • Table Airlines - Year over year growth 2017-2021 (%)
    • Other applications - Market size and forecast
      • Table Other applications - Market size and forecast 2016-2021 ($ mn)
      • Table Other applications - Year over year growth 2017-2021 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast
      • Table APAC - Market size and forecast 2016-2021 ($ mn)
      • Table APAC - Year over year growth 2017-2021 (%)
    • EMEA - Market size and forecast
      • Table EMEA - Market size and forecast 2016-2021 ($ mn)
      • Table EMEA - Year over year growth 2017-2021 (%)
    • Americas - Market size and forecast
      • Table Americas - Market size and forecast 2016-2021 ($ mn)
      • Table Americas - Year over year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Crude oil prices from October 2016 to September 2017 ($ per barrel)
  • Market trends
  • Vendor landscape
    • Competitive landscape
  • Vendor analysis
    • Vendor overview
    • Akzo Nobel
      • Table Akzo Nobel: Geographic segmentation by revenue 2016
      • Table Akzo Nobel: Business segmentation by revenue 2016
    • BASF
      • Table BASF: Product segment based on revenue in 2016
      • Table BASF: Geographic segment based on revenue in 2016
    • SABIC
      • Table SABIC: Business segmentation by revenue 2016
      • Table SABIC: Geographic segmentation
    • Shell
      • Table Shell: Business segmentation by revenue 2016 (% share)
      • Table Shell: Geographic segmentation by revenue 2016 (% share)
    • The Dow Chemical Company
      • Table The Dow Chemical Company: Business segmentation by revenue 2016 (% share)
      • Table The Dow Chemical Company: Geographical segmentation by revenue 2016 (% share)
  • Appendix
    • List of abbreviations
  • Explore Technavio

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