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 ...