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Tri-ethylene glycol is a colorless, odorless, non-volatile and hygroscopic liquid. Ethylene glycol is prepared commercially by oxidation of ethylene at high temperature in the presence of silver oxide catalyst, followed by hydration of ethylene oxide to yield mono, di and tri-ethylene glycol as co-products. Tri-ethylene glycol finds use as vinyl plasticizer, as intermediate in the manufacture of polyester resins and polyols, and as a solvent in many miscellaneous applications. The main uses of tri-ethylene glycol depend upon its hygroscopic properties. Furthermore, air conditioning system uses tri-ethylene glycol as dehumidifiers and when volatilized as an air disinfectant for bacteria and virus control.
According to our (Global Info Research) latest study, the global Tri-ethylene Glycol (TEG) market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
This report is a detailed and comprehensive analysis for global Tri-ethylene Glycol (TEG) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Tri-ethylene Glycol (TEG) market size and forecasts, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Tri-ethylene Glycol (TEG) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Tri-ethylene Glycol (TEG) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kiloton), and average selling prices (US$/Ton), 2018-2029
Global Tri-ethylene Glycol (TEG) market shares of main players, shipments in revenue ($ Million), sales quantity (Kiloton), and ASP (US$/Ton), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Tri-ethylene Glycol (TEG)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Tri-ethylene Glycol (TEG) market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SABIC, Reliance Industries Ltd, LyondellBasell, Eastman Chemicals and ExxonMobil, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Tri-ethylene Glycol (TEG) market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Purity: 99.5%min
- Purity: 99.9%min
- Others
Market segment by Application
- Dehydrating and Dehumidifying Agent
- Plasticisers
- Solvents
- Others
Major players covered
- SABIC
- Reliance Industries Ltd
- LyondellBasell
- Eastman Chemicals
- ExxonMobil
- Dow
- Sinopec
- China Petroleum & Chemical Corporation
- Clariant
- INEOS Group Ltd
- Royal Dutch Shell
- BASF
- Huntsman Corporation
- Indorama Venture
- Formosa Plastics
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tri-ethylene Glycol (TEG) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tri-ethylene Glycol (TEG), with price, sales, revenue and global market share of Tri-ethylene Glycol (TEG) from 2018 to 2023.
Chapter 3, the Tri-ethylene Glycol (TEG) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tri-ethylene Glycol (TEG) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Tri-ethylene Glycol (TEG) market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tri-ethylene Glycol (TEG).
Chapter 14 and 15, to describe Tri-ethylene Glycol (TEG) sales channel, distributors, customers, research findings and conclusion.