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Glycol Market Analysis Report, Growth, Trends and Forecast from 2017 to 2024

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Request for TOC report @ Global product market is highly fragmented and competitive in nature. Some of the key companies are Huntsman, MEGlobal, Idemitsu, Shell, SABIC, BASF and Dow Chemical Company. The companies are competing to increase market share and their customer base. Manufacturers are investing heavily in expansion projects to meet rising demand of consumers. – PowerPoint PPT presentation

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Title: Glycol Market Analysis Report, Growth, Trends and Forecast from 2017 to 2024


1
Glycol Market Analysis, Applications, and Segment
Forecasts, 2024 Global Market Insights, Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Regional Analysis of Glycol Market
  • Asia-Pacific region is anticipated to witness
    significant demand of the product in forecast
    period owing to rising demand of polyethylene
    terephthalate in packaging industry. Growing
    demand of product for industrial applications in
    the region will further support product
    penetration. Packaging and textile industry are
    the largest consumer of organic compounds. The
    product is widely used as a chemical intermediate
    in fabrics, upholstery, and carpets
    manufacturing. The region is native to a large
    number of producers which will supplement rising
    product demand. Increasing concern over
    production of ethylene glycol from coal in China
    will further add to product growth. Further,
    China investment to raise production capacities
    will propel glycol market demand in forecast
    period.
  • North America is projected to provide various
    growth opportunities for the product owing to
    surge in product application in polyethylene
    terephthalate production over forecast period.
    Product is widely used for manufacturing PET and
    rising demand from the electrical electronic
    and automotive industries in U.S will lead to
    surge in consumption of product. At the same
    time, surge in demand for product as industrial
    alcohol will further add to glycol market growth.
    Escalating

3
  • Application Analysis of Glycol Market
  • Growing demand of product as a coolant and
    antifreeze will propel the glycol market in
    forecast time frame. Product application as a
    heat transfer agent in automobiles, computers,
    and air conditioning appliances are expected to
    increase considerably in coming years which will
    add to glycol market growth. Increasing demand
    for the product as a raw material for
    manufacturing polyester fibers especially
    polyethylene terephthalate is most significant
    factor responsible for glycol market growth in
    forecast period.
  • The product affinity for water and high boiling
    point properties make product even more popular,
    and its application as a desiccant will continue
    to witness significant gains in forecast period.
    Upsurge in preference of the product as a
    dehydrating agent to remove water vapors from
    natural gas will lead to glycol market growth in
    forecast period. Minor application of product
    includes manufacturing of capacitors, an
    anti-corrosive substance in liquid cooling
    systems, vaccines and screen cleaning solutions.

4
Competitive Market Share of Glycol Market
  • Global product market is highly fragmented and
    competitive in nature. Some of the key companies
    are Huntsman, MEGlobal, Idemitsu, Shell, SABIC,
    BASF and Dow Chemical Company. The companies are
    competing to increase market share and their
    customer base. Manufacturers are investing
    heavily in expansion projects to meet rising
    demand of consumers.
  • In 2016, Huntsman completed an expansion project
    in North America to increase its ethylene oxide
    capacity by more than 24 percent. Ethylene oxide
    is used as a raw material for production of
    glycol for manufacturing agricultural,
    electronics and personal care products. Emerging
    countries mainly China offer great business
    opportunities for glycol market growth owing to
    surge in petrochemical business.

5

Browse Full Market Research Report On Glycol
Market _at_ http//bit.ly/2rjFPiW Request for an
in-depth table of contents for this report
_at_ https//www.gminsights.com/request-toc/upcoming/
1451
6
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