According to a market report by Lucintel, the future of the global ethylene glycol market looks promising with opportunities in the textile, automotive, healthcare & pharmaceutical, industrial application, chemical, packaging, and construction markets. The global ethylene glycol market is expected to grow with a CAGR of 6.7% from 2025 to 2031. The major drivers for this market are the increasing demand from the automotive sector, the growth in PET production, and the expanding polyester production.A more than 150-page report to understand trends, opportunity and forecast in ethylene glycol market to 2031 by product (monoethylene glycol, diethylene glycol, and triethylene glycol), application (polyester fibers, PET resins, antifreeze & coolants, and others), end use (textile, automotive, healthcare & pharmaceuticals, industrial applications, chemical, packaging, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the product category, monoethylene glycol is expected to witness the highest growth over the forecast period.
Within the end use category, textile is expected to witness the highest growth.
In terms of region, APAC is expected to witness the highest growth over the forecast period.
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BASF, Dow Chemical, Eastman Chemical, Formosa Plastics, Indian Oil, Ineos Group, LG Chem, LOTTE Chemical, LyondellBasell, Mitsubishi Chemical are the major suppliers in the ethylene glycol market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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Roy Almaguer
Lucintel
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Email: [email protected]
Tel. +1-972-636-5056
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