Marché mondial du glycol – Tendances et prévisions de l’industrie jusqu’en 2029

Analyse et taille du marché du glycol

L'utilisation du glycol augmente dans plusieurs industries et les propriétés de refroidissement du glycol aident à accomplir diverses tâches. Ces derniers temps, la propriété organique du glycol a joué un rôle essentiel dans la croissance du marché mondial du glycol. L'utilisation de l'éthylène glycol dans le CVC a créé plusieurs facteurs pour la croissance du marché mondial du glycol. De plus, l'augmentation de l'utilisation de composites organiques dans l'industrie de l'emballage des aliments et des boissons favorisera la croissance du marché.

Français Data Bridge Market Research analyse que le marché du glycol était évalué à 35,78 milliards USD en 2021 et devrait atteindre 62,40 milliards USD d'ici 2029, enregistrant un TCAC de 7,20 % au cours de la période de prévision de 2022 à 2029. En plus des informations sur les scénarios de marché tels que la valeur marchande, le taux de croissance, la segmentation, la couverture géographique et les principaux acteurs, les rapports de marché organisés par Data Bridge Market Research comprennent également une analyse approfondie des experts, une production et une capacité géographiquement représentées par l'entreprise, des configurations de réseau de distributeurs et de partenaires, une analyse détaillée et mise à jour des tendances des prix et une analyse des déficits de la chaîne d'approvisionnement et de la demande.

Portée et segmentation du marché du glycol

Market Definition

Glycol is an organic compounds belonging to the alcohol family. In the molecule of glycol, two hydroxyl groups are attached to the different carbon atoms. Glycol is an odorless, colorless, sweet-tasting, flammable and viscous liquid. It can be toxic for human health if taken in high concentrations.

Global Glycol Market Dynamics

Drivers

• Growing demand  of propylene glycol  

Propylene glycol is used in hydraulic fluids and fire-resistant brake as a coolant in the transportation sector for engine cooling. This is widely used as a raw material for de-icing planes and as a heat transfer fluid for high-temperature applications. The rising demand of propylene glycol is expected to boost the growth of the glycol market.

• Huge demand of glycol in food industry

Glycol is widely used to improve several processed food products, flavour, appearance, texture, and shelf life. The significant rise in processed foods is due to hectic lifestyles, growing working population and changing dietary patterns. These are some key factors expected to stimulate the glycol market's growth.

Furthermore, rising demand of the compound in polyester resins manufacturing, rising preferences towards the usages of organic synthesis are expected to boost the growth rate of the glycol market. Also, growing demand of products such as coolants and antifreeze is the major factor that will likely uplift the glycol demand in the market during the forecast period of 2022-2029. 

Opportunities

• Increasing demand of glycol in automotive industry

The rising demand for glycol in the automotive industry is anticipated to increase the growth of the global market. Ethylene glycol has a significantly lower melting point than water, which keeps engines of ethylene from freezing in the winter and works as a coolant to avoid overheating in the summer. Also, ethylene glycol is used in vehicles to absorb combustion heat which is expected to generate lucrative opportunities for the global glycol market.

Furthermore, augmented utilization in paints and coatings, food, pharmaceuticals, combined with use in aircraft de-icing fluid will create a surge in demand for glycol and will increase valuable opportunities for the market's growth rate.

Restraints/ Challenges

• Disadvantages associated with glycol

Health issues due to the use of glycol is the major challenge which has encountered by the glycol manufacturers. Numerous health distresses associated with glycol can adversely affect the market growth rate. However, WHO has specified that the acceptable daily consumption of glycol as a food additive should not exceed 25 mg/ Kilogram of weight. Health issues created by the high consumption of glycol are the major market restrains that will hinder the market's growth rate.

This glycol market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the glycol market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Glycol Market

The outbreak of covid-19 had an adverse impact on the glycol market. The severe disruptions in many manufacturing process and supply-chain operations has majorly affected the market growth rate. Several precautionary lockdowns which has imposed by governments to curb the spread of disease leads to massive financial setbacks for the market. Moreover, people are now more focused on removing non-essential expenses from their budgets which has also decreased the demand for the glycol.

On the other side, the growing demand for personal care products due to increasing awareness regarding hygiene is expected to recover the growth rate of the glycol market.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• In July 2021, Dow augmented propylene glycol (P.G.) capacity at its existing facility by 80,000 tons per year in Map Ta Phut, Thailand which is bringing the total capacity to 250,000 tons per year. This increased capacity boosts Dow’s existing asset infrastructure to support constant growth in high-value applications. This also aids the company to gain consumers’ attention in fast-growing markets.
• In January 2021, the Indian Oil Corporation has announced the Indian Oil Ethylene Glycol Project at Paradip, which comprises of a 180 KTA Ethylene Recovery Unit and a 357 KTA Ethylene Glycol Unit, which will produce 332 KTA MEG. This project will aid in merging the Polyester business tion by way of producing Mono Ethylene Glycol (MEG), which is used to produce bottle grade chips, polyester fibers, and polyester film grade chips.

Global Glycol Market Scope

The glycol market is segmented on the basis of product, application and end-user industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

• Ethylene Glycol

Monoethylene Glycol

Diethylene Glycol

Triethylene Glycol

• Propylene Glycol

Application

• Automotive
• HVAC
• Textiles
• Airlines
• Medical
• Pipeline Maintenance
• Polyester Fibers and Resins
• Food and Beverage
• Others

End-user Industry

• Automotive and Transportation
• Packaging
• Food and Beverage
• Cosmetics
• Pharmaceuticals
• Textile
• Other End-user Industries

Glycol Market Regional Analysis/Insights

The glycol market is analyzed and market size insights and trends are provided by country, product, application and end-user industry as referenced above.

The countries covered in the glycol market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America and Europe dominate the glycol market in terms of market share. This is due to the increasing adoption of innovative approaches and manufacturing technologies.in this region.

L'Asie-Pacifique devrait être la région qui connaîtra le développement le plus rapide au cours de la période de prévision 2022-2029 en raison de la production croissante de monoéthylène glycol et de la prévalence croissante d'une énorme base de consommateurs dans cette région. La demande croissante de glycol de plusieurs industries utilisatrices finales telles que les cosmétiques, le textile, l'emballage, l'alimentation et les boissons et d'autres dans des pays comme la Corée du Sud, l'Inde, la Chine, le Japon et les pays d'Asie du Sud-Est devrait stimuler la croissance du marché dans cette région.

La section pays du rapport fournit également des facteurs d'impact sur les marchés individuels et des changements dans la réglementation du marché qui ont un impact sur les tendances actuelles et futures du marché. Des points de données tels que l'analyse de la chaîne de valeur en aval et en amont, les tendances techniques et l'analyse des cinq forces du porteur, les études de cas sont quelques-uns des indicateurs utilisés pour prévoir le scénario de marché pour les différents pays. En outre, la présence et la disponibilité des marques mondiales et les défis auxquels elles sont confrontées en raison de la concurrence importante ou rare des marques locales et nationales, l'impact des tarifs nationaux et les routes commerciales sont pris en compte tout en fournissant une analyse prévisionnelle des données nationales.   

Analyse du paysage concurrentiel et des parts de marché du glycol

Le paysage concurrentiel du marché du glycol fournit des détails par concurrent. Les détails inclus sont la présentation de l'entreprise, les finances de l'entreprise, les revenus générés, le potentiel du marché, les investissements dans la recherche et le développement, les nouvelles initiatives du marché, la présence mondiale, les sites et installations de production, les capacités de production, les forces et les faiblesses de l'entreprise, le lancement du produit, la largeur et l'étendue du produit, la domination des applications. Les points de données ci-dessus fournis ne concernent que l'orientation des entreprises liée au marché du glycol.

Certains des principaux acteurs opérant sur le marché du glycol sont :

• Dow (États-Unis)
• LyondellBasell Industries NV (Pays-Bas)
• BASF SE (Allemagne)
• ADM (États-Unis)
• Global Bio-chem Technology Group Company Limited (Chine)
• Produits biologiques DuPont Tate & Lyle (États-Unis)
• SKC (Corée du Sud)
• Temix Oleo (Italie)
• INEOS Oxide (Suisse)
• Huntsman International LLC (États-Unis)
• ADEKA CORPORATION (Japon)
• Chaoyang Chemicals, Inc. (États-Unis)
• Manali Petrochemicals Limited (Inde)
• Haike Chemical Group Co., Ltd. (Chine)
• Arch Chemicals Inc, (États-Unis)
• Repsol (Espagne)
• Midland Company (États-Unis)
• Helm AG (Allemagne)
• Shell Plc (Royaume-Uni)

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