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Diethylene Glycol Market Report and Forecast 2024-2032

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    Report

  • 187 Pages
  • December 2023
  • Region: Global
  • Expert Market Research
  • ID: 5921443
According to the report, the global diethylene glycol market reached a volume of 2.86 million metric tons in 2022. Aided by rising demand for solvent across industries like paints and coatings, the market is projected to further grow at a CAGR of 4.8% between 2024 and 2032.

Diethylene glycol, a colourless organic compound, primarily finds its utility as a solvent in industries and as a cooling agent. Derived from ethylene oxide, it is renowned for its hygroscopicity and ability to mix well with water, alcohol, and other organic solvents. This versatility ensures diethylene glycol’s pertinence in an array of applications, from manufacturing plastics and resins to its role in the formulation of brake fluid, lubricants, and even personal care products.

A pivotal factor boosting the diethylene glycol market growth is the compound's escalating use in the production of polyester resins and antifreeze formulations. With the automotive sector experiencing robust expansion, there is an intensifying demand for antifreeze products, thereby directly impacting the market demand. Additionally, diethylene glycol's significant role in the textile industry, where it is used as a conditioning agent and in the production of synthetic fibres, contributes to its increasing market prominence.

Major diethylene glycol market trends also highlight a surge in demand as a result of the growing construction and infrastructure development activities globally. The compound’s use in paint, adhesive, and sealant industries favours the market expansion, given the consistent need for these products in construction-related tasks.

Moreover, the personal care industry’s reliance on diethylene glycol as a humectant in products like creams, lotions, and shampoos, further enhances the diethylene glycol market size on the global scale. With consumer inclination towards personal grooming and skincare on the rise, this segment is bound to provide impetus to the market’s growth trajectory.

Region-wise, the Asia Pacific region, spearheaded by countries like China and India, emerges as a dominant player in the market, attributed to their vast industrial base and ongoing development projects. North America and Europe, with their advanced manufacturing sectors and stringent quality standards, also hold significant diethylene glycol market share.

Market Segmentation

The market can be divided based on application, end use, and region.

Market Breakup by Application

  • Antifreeze and Coolant
  • Solvents
  • Humectants
  • Polyester Resins and Plasticisers
  • Emulsifiers and Lubricants
  • Others

Market Breakup by End Use

  • Agrochemical
  • Automotive
  • Cosmetic and Personal Care
  • Paints and Coatings
  • Oil and Gas
  • Textiles
  • Plastics Industry
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other developments, of the major companies operating in the global diethylene glycol market. Some of the major players explored in the report are as follows:
  • LyondellBasell Industries Holdings B.V.
  • Dow Chemical Company
  • Shell International B.V.
  • Huntsman International LLC
  • Nippon Shokubai Co., Ltd.
  • Reliance Industries Limited
  • SABIC
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Diethylene Glycol Market Analysis
8.1 Key Industry Highlights
8.2 Global Diethylene Glycol Historical Market (2018-2023)
8.3 Global Diethylene Glycol Market Forecast (2024-2032)
8.4 Global Diethylene Glycol Market by Application
8.4.1 Antifreeze and Coolant
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Solvents
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Humectants
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Polyester Resins and Plasticisers
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Emulsifiers and Lubricants
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Diethylene Glycol Market by End Use
8.5.1 Agrochemical
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Automotive
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Cosmetic and Personal Care
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Paints and Coatings
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Oil and Gas
8.5.5.1 Historical Trend (2018-2023)
8.5.5.2 Forecast Trend (2024-2032)
8.5.6 Textiles
8.5.6.1 Historical Trend (2018-2023)
8.5.6.2 Forecast Trend (2024-2032)
8.5.7 Plastics Industry
8.5.7.1 Historical Trend (2018-2023)
8.5.7.2 Forecast Trend (2024-2032)
8.5.8 Others
8.6 Global Diethylene Glycol Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Diethylene Glycol Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Diethylene Glycol Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Diethylene Glycol Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Diethylene Glycol Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Diethylene Glycol Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter's Five Forces Analysis
14.2.1 Supplier's Power
14.2.2 Buyer's Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Price Analysis
16.1 North America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.2 Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.3 Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.4 Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)
16.5 Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032)
17 Manufacturing Process
17.1 Overview
17.2 Detailed Process Flow
17.3 Operation Involved
18 Competitive Landscape
18.1 Market Structure
18.2 Company Profiles
18.2.1 LyondellBasell Industries Holdings B.V.
18.2.1.1 Company Overview
18.2.1.2 Product Portfolio
18.2.1.3 Demographic Reach and Achievements
18.2.1.4 Certifications
18.2.2 Dow Chemical Company
18.2.2.1 Company Overview
18.2.2.2 Product Portfolio
18.2.2.3 Demographic Reach and Achievements
18.2.2.4 Certifications
18.2.3 Shell International B.V.,
18.2.3.1 Company Overview
18.2.3.2 Product Portfolio
18.2.3.3 Demographic Reach and Achievements
18.2.3.4 Certifications
18.2.4 Huntsman International LLC
18.2.4.1 Company Overview
18.2.4.2 Product Portfolio
18.2.4.3 Demographic Reach and Achievements
18.2.4.4 Certifications
18.2.5 Nippon Shokubai Co., Ltd.
18.2.5.1 Company Overview
18.2.5.2 Product Portfolio
18.2.5.3 Demographic Reach and Achievements
18.2.5.4 Certifications
18.2.6 Reliance Industries Limited
18.2.6.1 Company Overview
18.2.6.2 Product Portfolio
18.2.6.3 Demographic Reach and Achievements
18.2.6.4 Certifications
18.2.7 SABIC
18.2.7.1 Company Overview
18.2.7.2 Product Portfolio
18.2.7.3 Demographic Reach and Achievements
18.2.7.4 Certifications
18.2.8 Others
19 Key Trends and Developments in the Market
Additional Customisations Available
1. Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investment
List of Key Figures and Tables
1. Global Diethylene Glycol Market: Key Industry Highlights, 2018 and 2032
2. Global Diethylene Glycol Historical Market: Breakup by Application (Million Metric Tons), 2018-2023
3. Global Diethylene Glycol Market Forecast: Breakup by Application (Million Metric Tons), 2024-2032
4. Global Diethylene Glycol Historical Market: Breakup by End Use (Million Metric Tons), 2018-2023
5. Global Diethylene Glycol Market Forecast: Breakup by End Use (Million Metric Tons), 2024-2032 Global Diethylene Glycol Historical Market: Breakup by Region (Million Metric Tons), 2018-2023
6. Global Diethylene Glycol Market Forecast: Breakup by Region (Million Metric Tons), 2024-2032
7. North America Diethylene Glycol Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
8. North America Diethylene Glycol Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
9. Europe Diethylene Glycol Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
10. Europe Diethylene Glycol Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
11. Asia Pacific Diethylene Glycol Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
12. Asia Pacific Diethylene Glycol Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
13. Latin America Diethylene Glycol Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
14. Latin America Diethylene Glycol Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
15. Middle East and Africa Diethylene Glycol Historical Market: Breakup by Country (Million Metric Tons), 2018-2023
16. Middle East and Africa Diethylene Glycol Market Forecast: Breakup by Country (Million Metric Tons), 2024-2032
17. North America Historical Price Trends and Forecast 2018-2028
18. Europe Historical Price Trends and Forecast 2018-2028
19. Asia Pacific Historical Price Trends and Forecast 2018-2028
20. Latin America Historical Price Trends and Forecast 2018-2028
21. Middle East and Africa Historical Price Trends and Forecast 2018-2028
22. Global Diethylene Glycol Market Structure

Companies Mentioned

  • LyondellBasell Industries Holdings B.V.
  • Dow Chemical Company
  • Shell International B.V.
  • Huntsman International LLC
  • Nippon Shokubai Co. Ltd.
  • Reliance Industries Limited
  • SABIC

Methodology

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