Glycols Market Segmentation, Analysis, Future Plans and Forecast 2029

Glycols Market : was valued at US$ 33.26 Bn in 2021 and is expected to reach US$ 53.02 Bn by 2029, at a CAGR of 6% during a forecast period.

Glycols Market Overview:

The automobile industry uses ethylene, propylene, and its derivatives primarily Glycols Market as engine antifreeze and coolant compounds with lower freezing points. Global consumption is anticipated to rise as a result of rising product demand in important end-use industries like food and beverage, textiles, medicine, and aerospace.

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Market Scope:

Increasing demand for the substance in the production of polyester resins will fuel market growth for glycol during the anticipated period. The emphasis of textile makers is turning to readily available, inexpensive chemical intermediates. The product's increased use as a protective group in organic synthesis will be a key factor in the expansion of the glycol market.

Segmentation:

by Product:

• Glass Fiber

• Carbon Fiber

• Other Fibers

by Application:

• Layup Process

• Compression Molding Process

• Resin Injection Molding Process

• Resin Transfer Molding Process

• Filament Winding Process

• Pultrusion Process

According to product, the Ethylene Glycols segment is anticipated to dominate the global market and provide a significant revenue share over the forecast period. The need for mono-ethylene glycols in the textile end-use industry is being driven by the rising demand for polyester in the textile industry. In 2021, textiles accounted for more than 12% of worldwide revenue.

Glycols Market: Research Methodology

Glycols Market: Executive Summary

Market Overview and Definitions
Introduction to Glycols Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry

Glycols Market: Competitive Analysis

MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact

Glycols Market Segmentation

Glycols Market, by Product (2021-2029)
Glycols Market, by Application (2021-2029)

Regional Glycols Market(2021-2029)

Regional Glycols Market, by Product (2021-2029)
Regional Glycols Market, by Application (2021-2029)
Regional Glycols Market, by Country (2021-2029)

Company Profile: Key players

Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments

Key Players:

• SABIC

• Dow Chemical Company

• Sinopec, Corp

• Royal Dutch Shell plc.

• Reliance Industries Ltd.

• Huntsman International LLC

• BASF

• Kuwait Petroleum Corporation

• AkzoNobel N.V.

• Clariant AG

• Formosa Plastics Corporation

• INEOS

• Ultrapar Participacoes S.A. (Ultrapar)

• LOTTE CHEMICAL CORPORATION

• Archer Daniels Midland Company

• Dupont Tate Lyle Bio Products LLC

• Temix International S.R.L.

• Ashland, Inc.

• Cargill Inc.

• LyondellBasell Industries

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Regional Analysis:

With a projected CAGR of 5.0%, Asia Pacific is anticipated to experience the highest growth during the projection period. In order to reduce their reliance on imports and increase the region's energy security and autonomy, countries in the Asia-Pacific region are increasing their production capacity and making investments in new projects.
To improve its manufacturing capacity and generate greater revenues, key participants and small regional companies are implementing merger and expansion tactics. A major driver of growth in Asia-Pacific and North America is anticipated to be the increased demand for cutting-edge, high-quality heating and cooling systems.

• North America

• Europe

• Middle East Africa

• Asia-Pacific

• South America

COVID-19 Impact Analysis on Glycols Market : In addition, the paper evaluates the influence of COVID-19 on the Glycols Market . The primary goal of this research is to assist users in understanding the market in terms of definition, segmentation, market potential, important trends, and challenges that the industry faces across major regions. The study presents a microeconomic and macroeconomic analysis of COVID-19's overall impact on the Glycols Market . The analysis focuses on market share and size, clearly illustrating the impact of the pandemic on the global Glycols Market in the next years.

Key Questions Answered in the Glycols Market Report are:

What will be the Glycols Market 's CAGR throughout the projected period (2022-2029)?
Which market category emerged as the market leader in the Near Field Communication (NFC) India industry?
Who are the key players in the Glycols Market ?
What important trends in the Near Field Communication (NFC) India industry are anticipated to develop throughout the forecast period?
How big will the Glycols Market be in 2029?
In 2020, which business segment had the highest proportion of the Glycols Market ?

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