Diethylene Glycol (DEG) Market
Diethylene Glycol (DEG) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Diethylene Glycol (DEG) Market Size and Growth
The Diethylene Glycol (DEG) market is experiencing steady growth, driven by increasing applications in antifreeze, solvents, and plastics. The market size is projected to reach approximately $3.5 billion by 2026, reflecting a CAGR of around 5%. Key trends include rising demand in Asia-Pacific and advancements in production technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ SINOPEC
◍ Shell
◍ Reliance Industries Ltd.
◍ SABIC
◍ The Kuwait Olefins Co.
◍ Formosa Plastics Corp
◍ TOC Glycol Company Limited
◍ Huntsman Corp
◍ DowDuPont
◍ Alberta & Orient Glycol
◍ Indorama Ventures
The Diethylene Glycol (DEG) market features major players like SINOPEC, Shell, and Reliance Industries, who utilize DEG in applications such as antifreeze and chemical manufacturing. Companies like SABIC and Huntsman fuel market growth through innovation and expansion, reporting revenues ranging from billions to millions in their chemical segments.
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Market Segmentation
By Application
Paints&Coatings
Adhesives
Plastics
Personal Care
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By Product
Industrial Grade
Pharmaceutical Grade
Food Grade
Market Growth
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$ X Billion USD
