Report ID:
Diethylene Glycol Market Size, Share, Growth Analysis, By Application(Plasticizer, Solvent, Printing Inks, Paint Pigments), By End-Use Industry(Plastic Industry, Paints and Coatings, Automotive, Agrochemical), By Region(North America, U.S., Canada, Mexico) - Industry Forecast 2025-2032
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Diethylene Glycol Market Insights
Market Overview:
The global diethylene glycol market is being driven primarily by increased demand from the plastic, cement, automotive, paints and coatings, and oil and gas industries. Rapid industrialization and urbanisation in developing economies such as China and India have increased the demand for new dwellings to house the growing population in both urban and rural areas. As a result, the building and construction industries in these countries have expanded dramatically in recent years, increasing cement demand and production. DEG is commonly used as a grinding aid in the cement industry to obtain higher cement fineness and smooth mill operation, boost throughput, and minimise energy consumption. Demand for DEG is predicted to increase from cement producers over the forecast period, owing to an increase in cement demand and production. The major key players operating in the global diethylene glycol market include Reliance Industries, GC Glycol Company and BASF SE among others.
Diethylene Glycol Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Renewable Electricity by segment aggregation, the contribution of the Renewable Electricity in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Diethylene Glycol Market Report Snapshots
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