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Global Triethylene Glycol (TEG) Market Research Report 2019 to 2025

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The global TEG market size is projected to reach a valuation of USD 870.6 million by 2025, owing to its excellent hygroscopic properties which have aggravated the demand of triethylene glycol in a wide number of applications. – PowerPoint PPT presentation

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Title: Global Triethylene Glycol (TEG) Market Research Report 2019 to 2025


1
Global Triethylene Glycol (TEG) Market Size 2017
  • by Application (Humectants, Natural Gas
    Dehydration, Plasticizers, Polyester Resins,
    Polyurethanes, Solvents, and Others), By Region
    and Forecast 2018 to 2025

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2
Global Triethylene Glycol (TEG) Market Size and
Forecast, 2015-2025
  • Adroit Market Research published a study titled,
    Global Triethylene Glycol (TEG) Market Size 2017
    by Application (Humectants, Natural Gas
    Dehydration, Plasticizers, Polyester Resins,
    Polyurethanes, Solvents, and Others), By Region
    and Forecast 2018 to 2025.
  • The global triethylene glycol market report
    includes an evaluation of prevailing trends
    including drivers, restraints and lucrative
    opportunities. Additional tools such as Porters
    Five Forces analysis, and value chain analysis
    are included to give a holistic global TEG market
    view. Moreover, the report includes TEG market
    size pertaining to different regions. The global
    triethylene glycol (TEG) market share has been
    evaluated for different applications.
  • The global TEG market size is projected to reach
    a valuation of USD 870.6 million by 2025, owing
    to its excellent hygroscopic properties which
    have aggravated the demand of triethylene glycol
    in a wide number of applications.
  • The increasing need for plasticizers in end-use
    industries is another factor contributing towards
    the growth of the global triethylene glycol
    market.
  • TEG is used by the oil gas industry to
    "dehydrate" natural gas. Triethylene glycols,
    which have a high boiling point and water
    affinity, are used as a liquid desiccant for
    natural gas dehydration. 
  • Browse the complete report on _at_
    https//www.adroitmarketresearch.com/industry-repo
    rts/triethylene-glycol-teg-market

3
Global Triethylene Glycol (TEG) Market Size and
Forecast, 2015-2025
  • Dehydration is the removal of water vapor from
    the refinery tower so that dry hydrocarbon gasses
    can leave the tower's top. It can also be used to
    dehydrate other gasses, including CO2, H2S and
    other gases oxygenated. Natural gas dehydration
    is projected to be the fastest growing
    application holding a valuation of approximately
    USD 526.1 million by 2025.
  • Growth in natural gas production on account of
    increasing industrialization and power demand in
    emerging Asian countries as well as in Africa
    have boosted the demand for natural gas
    dehydration.
  • A higher degree of purity, lower vapor losses,
    and operating costs are the advantages offered by
    TEG which have driven the global triethylene
    glycol market.
  • In addition, improving gas import, transport and
    utility infrastructure in countries such as
    China, India, and Brazil is likely to fuel the
    global triethylene glycol market growth over the
    predicted period. Favorable government policies
    backing the use of natural gas as a cleaner fuel
    is anticipated to assist the global triethylene
    glycol (TEG) market share over the forecast
    period.
  • Middle East Africa are projected to witness a
    demand volume exceeding 70 kilo tons by 2025,
    growing in tandem with the global growth during
    the forecast period. Natural gas, being one of
    the cleanest burning fossil fuels, is in high
    demand as governments are finding cost-effective
    ways to reduce their dependence on coal and oil
    burning power plants.
  • As a result of this increasing global demand,
    governments and industries throughout the Middle
    East are now expanding infrastructure for the
    production of natural gas to extract and monetize
    the region's large supply.

4
Global Triethylene Glycol (TEG) Market Size and
Forecast, 2015-2025
  • Alongside Russia and Iran, Qatar has the world's
    third largest proven natural gas reserve. The
    World Energy Outlook also predicted that by 2020,
    the Middle East will become the second largest
    gas consumer. The biggest consumption increase
    comes from the electricity sector. In Saudi
    Arabia, the growing demand for electricity is
    mainly as a result of population growth and the
    ongoing drive to meet its current supply gap.
    Bharat Petroleum forecasts that by 2040, the
    Middle East, which represents the largest natural
    gas reserves, in particular offshore Iran and
    Qatar, will see an expansion in the production of
    natural gas by 60, thus leading to the need for
    dehydration.
  • Growth in the capacity additions is likely to
    have a positive impact on the growth of the
    global TEG market size over the forecast
    years.The nature of the global triethylene glycol
    market is fragmented with the presence of a large
    number of established players. The primary
    participants include Dow Chemical Company,
    Huntsman Corporation, BASF AG, Royal Dutch Shell,
    Eastman Chemical Company, Exxon Mobil
    Corporation, Saudi Basic Industries Corporation,
    INEOS, LyondellBasell Industries Holdings B.V.,
    and LOTTE Chemical Corporation among others.
  • Key Players analysed in the report include
  • The Dow Chemical Company
  • Huntsman Corporation
  • BASF AG
  • Royal Dutch Shell
  • Eastman Chemical Company
  • Others

5
Key segments of the Global Triethylene Glycol
(TEG) market
  • Application Overview, 2015-2025 (Kilo Tons) (USD
    Million)
  • Humectants
  • Natural Gas Dehydration
  • Plasticizers
  • Polyester Resins
  • Polyurethanes
  • Solvents
  • Others
  • Regional Over view, 2015-2025 (Kilo Tons) (USD
    Million)
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa
  • Purchase a single user copy of the global
    Triethylene Glycol (TEG) market report _at_
    https//www.adroitmarketresearch.com/researchrepor
    t/purchase/733

6
About Us
  • Adroit Market Research is an India-based business
    analytics and consulting company. Our target
    audience is a wide range of corporations,
    manufacturing companies, product/technology
    development institutions and industry
    associations that require understanding of a
    markets size, key trends, participants and
    future outlook of an industry. We intend to
    become our clients knowledge partner and provide
    them with valuable market insights to help create
    opportunities that increase their revenues. We
    follow a code Explore, Learn and Transform. At
    our core, we are curious people who love to
    identify and understand industry patterns, create
    an insightful study around our findings and churn
    out money-making roadmaps. Our analysts have
    tracked high growth markets in chemicals
    materials, healthcare pharmaceuticals,
    semiconductor electronics, energy power, food
    retail, consumer goods, technology, and
    machinery equipment sectors across the world to
    identify new opportunities, potential customers,
    prepare go-to-market (GTM) strategies, identify
    segments for revenue growth for companies, and
    many more.
  • US Headquarters3131 McKinney Ave Ste 600
    Dallas, TX 75204 ,U.S.A 
  • Phone 1 (214) 884-6068
  • Email sales_at_adroitmarketresearch.com
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