Tri-ethylene Glycol (TEG) Market
Tri-ethylene Glycol (TEG) Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Tri-ethylene Glycol (TEG) Market Size and Growth
The Tri-ethylene Glycol (TEG) market is experiencing steady growth due to rising demand in industries such as petrochemicals and textiles. The global market size is projected to reach approximately $1.7 billion by 2028, driven by increasing applications and innovations in production processes. Competitive dynamics and environmental regulations shape market conditions.
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Companies Covered
(Covid 19 Impact Covered)
◍ SABIC
◍ Reliance Industries Ltd
◍ LyondellBasell
◍ Eastman Chemicals
◍ ExxonMobil
◍ Dow
◍ Sinopec
The Tri-ethylene Glycol (TEG) market features companies such as SABIC, Reliance Industries, and LyondellBasell, leveraging TEG in various applications like antifreeze and petrochemicals. Their innovations and production capacity drive market growth. Sales revenue for select companies: SABIC ~$34B, Reliance ~$66B, LyondellBasell ~$14B.
◍ China Petroleum & Chemical Corporation
◍ Clariant
◍ INEOS Group Ltd
◍ Royal Dutch Shell
◍ BASF
◍ Huntsman Corporation
◍ Indorama Venture
◍ Formosa Plastics
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Market Segmentation
By Application
◍ Plasticisers
By Product
◍ Purity: 99.5%min
◍ Solvents
◍ Purity: 99.9%min ◍ Others ◍ Dehydrating and Dehumidifying Agent
◍ Others
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Market Growth
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$ X Billion USD
