Triethylene Glycol Market by Purity (Purity 98.2%, Purity 98.5%, and Purity 99.9%), Application (Plasticizer, Dehumidifying Agent, Dehydration of Natural Gas, Brake Fluids, and Others), and End User (Textile, Oil & Gas, Construction, Automotive, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027
|
A06176
|
Pages: NA
|
Jul 2020 |
398 Views
|
|
|
|
Author(s) :
Eswara Prasad
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
COVID-19
Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Triethylene Glycol Market
Request Now !Triethylene Glycol Market Overview -2027
Triethylene glycol (TEG), also known as triglycol, is an ether-alcohol derivate belonging to class of organic chemical. Triethylene glycol is characterized by having two distinct hydroxyl groups. It is transparent, soluble in acetone, ethanol, acetic acid, and pyridine but partially soluble in diethyl ether and insoluble in fat, oil, and a wide variety of hydrocarbons. TEG is a colorless liquid with mild odor and heavier than water, and it is water-soluble. In addition, TEG exhibits hygroscopic property and it reacts with a wide variety of hydrocarbons. TEG produces flammable and toxic gases whilereacting with a blend of alcohols along with nitrides, alkali metals, and strong reducing agents.TEG forms ester along with water when it reacts with oxoacids and carboxylic acids.
Increase in application of TEG as a plasticizer to manufacture plastic, as an additive in clay, cement, and concrete is anticipated to drive the market demand. TEGused as a dehydrating agent owing to its hygroscopic nature, is expected to further fuel the demand over the projected timeframe. In addition, TEG utilized in the manufacturingdifferent products, such as polyester resin, PET, emulsifier, adhesive, and polyurethane foams, are expected to boost the demand during the forecast period. However, availability of other ethylene derivates, such as monoethylene glycol and diethylene glycol owing to their low price and fewer environmental hazards hamper the market growth. Nonetheless, increase in utilization of TEG in the automotive segment in break grease and polish material is anticipated to explore new customer segments creating further opportunities.
The global triethylene glycol market is segmented into purity, application, end-user, and region. By purity, the market is divided into purity 98.2%, purity 98.5% and purity 99.9%. By application, the market is categorizedintoplasticizer, dehumidifying agent, dehydrationof natural gas, brake fluids and others. TEG is utilized as a dehumidifying agent in the oil & gas industry as well as in the air conditioner owing to its hygroscopic nature. By end user, the market is classified into textile, oil & gas, construction, automotive, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East and Africa).
Some of the key players operating in the global triethylene glycol market are The Dow Chemical Company, Huntsman Corporation, Royal Dutch Shell, Eastman Chemical Company, Exxon Mobil Corporation, Lyondell Basell Industries Holdings B.V., Lotte Chemical Corporation, BASF AG, INEOS Ltd., Saudi Basic Industries and Others.
Key Benefits for Stakeholders:
-
The global triethylene glycol market size has been analyzed across four major regions.
-
Porter’s five force analysis helps to analyze the potential of buyers & suppliers and the competitive scenario of the market for strategy building.
-
The report outlines the current market trends and future scenario of the market size from 2019 to 2027 to understand the prevailing opportunities and potential investment pockets.
-
Major countries in each region have been mapped according to their revenue contribution to the regional market.
-
The key drivers, restraints, opportunities, and trends along with their detailed impact analysis are elucidated in the study.
-
The global triethylene glycol market analysis covers in-depth information of the major industry participants.
Scope of the Report:
|
Report Metric |
Details |
|
Market size available for years |
2019–2027 |
|
Base year considered |
2019 |
|
Forecast period |
2020–2027 |
|
Forecast units |
Value (USD), Volume (Tons) |
|
Segments covered |
Purity, Application, End User, and Region |
|
Regions covered |
North America, Europe, Asia-Pacific, and LAMEA |
|
Companies covered |
The Dow Chemical Company, Huntsman Corporation, Royal Dutch Shell, Eastman Chemical Company, Exxon Mobil Corporation, Lyondell Basell Industries Holdings B.V., Lotte Chemical Corporation, BASF AG, INEOS Ltd., Saudi Basic Industries and Others. |
Key Market Segmentation:
|
ATTRIBUTE |
DETAILS |
|
By Purity |
|
|
By Application |
|
|
By End User
|
|
|
By Region |
|
Questions answered in the global triethylene glycol market research report:
-
What is the market during the forecast period?
-
What will be the global triethylene glycol market size from 2020 to 2027?
-
Who are the leading manufacturing companies in the market?
-
How the major current trends will shape the global triethylene glycol market in the future?
-
What are the driving factors and opportunities in the market?
-
Which will be the niches at which players profiling with thorough plans, financials, and recent advancements should set a presence?
-
Why are some of the segments flourishing at the highest growth rate while others experience a steady growth?
-
What are the conclusions of the report?
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Triethylene Glycol Market
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,769$5,192 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $ 699/m
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.