Diethylene Glycol Trends and Forecast
The future of the global diethylene glycol market looks promising with opportunities in the polymer, coating, paint, chemical, plastic, and building & construction markets. The global diethylene glycol market is expected to reach an estimated $3.0 billion by 2030 with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are growing urbanization and industrialization in emerging economies, increasing usage of DEG in the manufacturing of solvents, dyes, and adhesives, as well as, rising interest in lightweight cars with the goal of improving fuel economy.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Diethylene Glycol by Segment
The study includes a forecast for the global diethylene glycol by application, end use, and region.
Diethylene Glycol Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Personal Care
• Chemical Intermediate
• Polyester Resin
• Solvent
• Plasticizer
• Others
Diethylene Glycol Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Polymers
• Coatings
• Paints
• Chemicals
• Plastics
• Building & Construction
• Others
Diethylene Glycol Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Diethylene Glycol Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies diethylene glycol companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the diethylene glycol companies profiled in this report include-
• India Glycols
• Crystal India
• Pon Pure Chemicals
• Mitsubishi Chemical
• Tokyo Chemical Industry
• Reliance Industries
• SABIC
Diethylene Glycol Market Insights
Lucintel forecasts that personal care is expected to witness the highest growth over the forecast period.
Within this market, paints will remain the largest segment due to increasing ethylene glycol use in water-based coatings as a substitute to high VOC emitting solvent-based coatings.
APAC is expected to witness highest growth over the forecast period due to growing government investments in infrastructure development and rapid industrialization in India and China.
Features of the Global Diethylene Glycol Market
Market Size Estimates: Diethylene glycol market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Diethylene glycol market size by application, end use, and region in terms of value ($B).
Regional Analysis: Diethylene glycol market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different application, end use, and regions for the diethylene glycol market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the diethylene glycol market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the diethylene glycol market size?
Answer: The global diethylene glycol market is expected to reach an estimated $3.0 billion by 2030.
Q2. What is the growth forecast for diethylene glycol market?
Answer: The global diethylene glycol market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the diethylene glycol market?
Answer: The major drivers for this market are growing urbanization and industrialization in emerging economies, increasing usage of DEG in the manufacturing of solvents, dyes, and adhesives, as well as, rising interest in lightweight cars with the goal of improving fuel economy.
Q4. What are the major segments for diethylene glycol market?
Answer: The future of the global diethylene glycol market looks promising with opportunities in the polymer, coating, paint, chemical, plastic, and building & construction markets.
Q5. Who are the key diethylene glycol market companies?
Answer: Some of the key diethylene glycol companies are as follows:
• India Glycols
• Crystal India
• Pon Pure Chemicals
• Mitsubishi Chemical
• Tokyo Chemical Industry
• Reliance Industries
• SABIC
Q6. Which diethylene glycol market segment will be the largest in future?
Answer: Lucintel forecasts that personal care is expected to witness the highest growth over the forecast period.
Q7. In diethylene glycol market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to growing government investments in infrastructure development and rapid industrialization in India and China.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the diethylene glycol market by application (personal care, chemical intermediate, polyester resin, solvent, plasticizer, and others), end use (polymers, coatings, paints, chemicals, plastics, building & construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Diethylene Glycol Market, Diethylene Glycol Market Size, Diethylene Glycol Market Growth, Diethylene Glycol Market Analysis, Diethylene Glycol Market Report, Diethylene Glycol Market Share, Diethylene Glycol Market Trends, Diethylene Glycol Market Forecast, Diethylene Glycol Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.