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Glycols Market Revenue and Value Chain Analysis 2018-2025

The rising HVAC demand for advanced and high quality heating and cooling systems is expected to be a key factor steering the growth in the coming years. The Global Glycols Market value is anticipated to exceed USD 47.2 billion by 2025, according to a new report by Grand View Research, Inc.


Glycols include ethylene, propylene and its derivatives are predominately used in the automotive sector as engine antifreeze and coolant products with lower freezing points. The growing product demand in key end-use industries including food & beverage, textiles, medical, and aerospace are expected to increase the consumption globally.Heavy industrialization in countries such as Japan, China, and India have contributed significantly to the glycols demand over the recent past.

Heating, ventilating, and air conditioning (HVAC) sector dominated the global consumption with demand exceeding 4,100 kilo tons in 2015. Textiles accounted for over 12% of global revenue in 2015. Stringent chemical disposal regulations in the North American and European region have contributed to this demand in the recent past and are expected to continue the trend over the forecast period.

To Know More About Glycols Market Please Visit Us @ https://www.grandviewresearch.com/industry-analysis/glycols-market

Growing R&D initiatives by key participants coupled with technological advancements to discover novel diol products with higher efficiency level and durability are expected to create new opportunities for the industrial applications.

Top Players of Glycols Market:

Major multinational companies including BASF, Dow Chemical Company, Royal Dutch Shell, Huntsman International LLC, SABIC, AkzoNobel, DuPont, and Reliance Industries dominated the global glycol market.

Market Segmentation of Glycols Market:

The Global Glycols Market segmented on the basis of Product, Application and Region.

By Product:

    Ethylene Glycol
        Mono-ethylene glycol
        Di-ethylene glycol
        Tri-ethylene glycol
    Propylene Glycol

By Application:

    Automotive
    HVAC
    Textiles
    Airline
    Medical
    Pipeline Maintenance
    Polyester Fibers & Resin
    Food & Beverage Processing

By Region:

    North America
    Europe
    Asia Pacific
    Central & South America
    Middle East & Africa

Inquire about Glycols Market with Our Experts @ https://www.grandviewresearch.com/inquiry/3895
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