Published by news degree
Posted on August 5, 2021
The global ethylene glycol market is forecast to reach USD 78.10 Billion by 2027, according to a new report by Reports and Data. Ethylene glycol is a chemical most commonly used in industrial and commercial applications, including coolant and antifreeze.
It helps keep a car’s engine from freezing during the winter, and also during the summer, it reduces overheating by acting as a coolant. Other applications of ethylene glycol include heat transfer fluids used as industrial coolants for gas heating, compressors, air-conditioning systems, ventilating, and ice skating rinks.
Ethylene glycol is used as a raw material in the production of a broad spectrum of products, including polyester fibers for upholstery, clothes, pillows, and carpet; fiberglass used in products such as bathtubs, bowling balls, and jet skis; and polyethylene terephthalate resin used in bottles and packaging film. Most of these products are cost-efficient, energy-saving, and recyclable as well. Ethylene glycol, in addition to its use in antifreeze, it is also used as an ingredient in printing inks, hydraulic fluids, and paint solvents. It is used as a reagent in making explosives, polyesters, synthetic waxes, and alkyd resins.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2430
The Asia Pacific region dominated the market for ethylene glycol market owing to the surge in demand from the textile industry. The growth of the industrial sector in countries such as India and China are driving the market demand. China held the largest market share in the Asia-Pacific ethylene glycol market. However, the market is also witnessing high demand in other countries of Asia-Pacific, such as Japan, Bangladesh, and Taiwan.
Key participants include:
Reliance Industries, Sinopec, SABIC, DowDuPont, Royal Dutch Shell, Huntsman, AkzoNobel, BASF SE, Lotte Chemical, and Ashland Inc., among others.
Further key findings from the report suggest
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/2430
For the purpose of this report, Reports and Data have segmented into the global Ethylene Glycol market on the basis of type, manufacturing process, application, and region:
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Manufacturing Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2430
Explore Reports and Data’s Prime Analysis of the global Materials and Chemicals Industry:
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About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-ethylene-glycol-market
The post Ethylene Glycol Market Size To Reach USD 78.10 Billion By 2027 Says Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
The global ethylene glycol market is forecast to reach USD 78.10 Billion by 2027, according to a new report by Reports and Data. Ethylene glycol is a chemical most commonly used in industrial and commercial applications, including coolant and antifreeze.
It helps keep a car’s engine from freezing during the winter, and also during the summer, it reduces overheating by acting as a coolant. Other applications of ethylene glycol include heat transfer fluids used as industrial coolants for gas heating, compressors, air-conditioning systems, ventilating, and ice skating rinks.
Ethylene glycol is used as a raw material in the production of a broad spectrum of products, including polyester fibers for upholstery, clothes, pillows, and carpet; fiberglass used in products such as bathtubs, bowling balls, and jet skis; and polyethylene terephthalate resin used in bottles and packaging film. Most of these products are cost-efficient, energy-saving, and recyclable as well. Ethylene glycol, in addition to its use in antifreeze, it is also used as an ingredient in printing inks, hydraulic fluids, and paint solvents. It is used as a reagent in making explosives, polyesters, synthetic waxes, and alkyd resins.
Access Free sample PDF Copy of the Report @ https://www.reportsanddata.com/sample-enquiry-form/2430
The Asia Pacific region dominated the market for ethylene glycol market owing to the surge in demand from the textile industry. The growth of the industrial sector in countries such as India and China are driving the market demand. China held the largest market share in the Asia-Pacific ethylene glycol market. However, the market is also witnessing high demand in other countries of Asia-Pacific, such as Japan, Bangladesh, and Taiwan.
Key participants include:
Reliance Industries, Sinopec, SABIC, DowDuPont, Royal Dutch Shell, Huntsman, AkzoNobel, BASF SE, Lotte Chemical, and Ashland Inc., among others.
Further key findings from the report suggest
Request for Custom Research @ https://www.reportsanddata.com/request-customization-form/2430
For the purpose of this report, Reports and Data have segmented into the global Ethylene Glycol market on the basis of type, manufacturing process, application, and region:
Type Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Manufacturing Process Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Application Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Regional Outlook (Revenue, USD Billion; Volume, Kilo Tons; 2016-2027)
Buy now your Exclusive copy of Report @ https://www.reportsanddata.com/checkout-form/2430
Explore Reports and Data’s Prime Analysis of the global Materials and Chemicals Industry:
Heat Resistant Alloy Market By Type (TACSR, TACSR/AW, TACSR/TW, STACIR/AW, Others), By Application (Primary And Secondary Distribution Conductors, Messenger Support, Bare overhead Transmission Conductor, Others), Distribution Channel (Offline, Online) And Region- Global Forecast To 2027
Ethyl Levulinate Market Size, Share & Analysis, By Type (Food Grade, Industrial Grade), By Application (Food Additives, Fragrances, Pharmaceutical Intermediates, Diesel & Biodiesel, Others), And By Region Forecast To 2028
DeNOx Catalyst Market Size, Growth & Analysis, By Material (Ceramic, Zeolites, Base Metal, Precious Metal) By Type (Honeycomb Type, Flat Type), By Applications (Power Plant, Cement Plant, Refinery Plant, Steel Plant, Transportation Vehicle, Others), And Regional Forecasts To 2027
Unitary Material Market By Type (Lithium Cobalt Oxides, Lithium Nickelate, Lithium Manganate), By Application Type (Consumer Electronic Battery, Automobile Battery, Others), Region-Global Forecast To 2027
Bio-Aromatic Polyester Polyols Market Size, Share & Trends Analysis Report By Type (Green Polyols, Bio Polyols), By Application (Adhesives, Sealants, Coatings, Polyurethane Foams), By End-User (Packaging, Construction, Transportation, Furniture & Bedding, Others), By Region (North America, Europe, Asia Pacific, Middle East and Africa, Latin America), Competitive Strategies and Segment Forecasts for 2016 – 2026
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: sales@reportsanddata.com
Read Our Innovative Blogs @ https://www.reportsanddata.com/blogs
Read Full Press Release: https://www.reportsanddata.com/press-release/global-ethylene-glycol-market
The post Ethylene Glycol Market Size To Reach USD 78.10 Billion By 2027 Says Reports And Data first appeared on News Degree | Hub for Latest and Trending News from Around the Globe.
