全球三乙二醇 (TEG) 市场 – 行业趋势和 2029 年预测

 三乙二醇 (TEG) 市场分析和规模

三乙二醇 (TEG) 在多个行业的使用量都在增加，三乙二醇 (TEG) 的冷却特性有助于完成各种任务。近年来，三乙二醇 (TEG) 的有机特性在全球三乙二醇 (TEG) 市场的增长中起着至关重要的作用。乙烯三乙二醇 (TEG) 在暖通空调中的使用为全球三乙二醇 (TEG) 市场的增长增加了几个因素。此外，发电和运输等多个行业对石油和天然气的需求不断增长，将在 2022-2029 年的预测期内提高三乙二醇的整体市场需求。

Data Bridge Market Research 分析称，2021 年三乙二醇 (TEG) 市场价值为 7.5117 亿美元，预计到 2029 年将达到 10.2802 亿美元，在 2022 年至 2029 年的预测期内复合年增长率为 4.00%。除了对市场价值、增长率、细分、地理覆盖范围和主要参与者等市场情景的见解外，Data Bridge Market Research 策划的市场报告还包括深入的专家分析、按地理位置表示的公司生产和产能、分销商和合作伙伴的网络布局、详细和更新的价格趋势分析以及供应链和需求的缺口分析。

三乙二醇 (TEG) 市场范围和细分

Market Definition

Triethylene glycol (TEG) is an organic compounds belonging to the alcohol family. Triethylene glycol (TEG), is a water-soluble, transparent, viscous and odourless liquid which is completely miscible with water as well as other liquids. Triethylene shows almost similar properties like other glycol compounds. It is preferably used in those applications in which require a low volatility and high boiling point than diethylene glycol.   

Global Triethylene Glycol (TEG) Market Dynamics

Drivers

• Increasing demand of triethylene glycol (TEG) in industrial and commercial

Triethylene glycol (TEG) is used to produce a several product for commercial and industrial use including polyurethane foams, emulsifiers, solvents, adhesives & coatings, lubricants and thermoplastics. Rising penetration of plastic in several consumer goods such as containers, kitchenware and industrial products has generated the demand for the plasticizers which is expected to boost the growth of the triethylene glycol (TEG) market.

• High usage of triethylene glycol (TEG) as a solvent

 Triethylene glycol (TEG) is an excellent solvent and used in variety of applications such as printing inks, cleaning compounds and aromatic hydrocarbon separations. Thus, the high usage of triethylene glycol (TEG) as a solvent in several purposes is expected to drive the growth rate of the market

• Growing demand of triethylene glycol (TEG) as reactant

Triethylene glycol (TEG) is also used as a reactant in the manufacture of polyester resins which are used in several end-use industries such as packaging, automotive bodies, construction materials, textiles, and electrical appliances. The rising demand of triethylene glycol (TEG) as reactant is anticipated to boost the growth rate of the market. Furthermore, rising demand of the compound in polyester resins manufacturing, rising preferences towards the usages of organic synthesis are some other major factor that will likely uplift the triethylene glycol (TEG) demand in the market during the forecast period of 2022-2029. 

Opportunities

• Increasing demand of triethylene glycol (TEG) in automotive industry

The rising demand for triethylene glycol (TEG) in the automotive industry is anticipated to increase the growth of the global market. Triethylene glycol (TEG) has a significantly lower melting point than water, which keeps and maintain engines from freezing in the winter and works as a coolant to avoid overheating in the summer. Also, ethylene triethylene glycol (TEG) is used in vehicles to absorb combustion heat which is expected to generate lucrative opportunities for the global triethylene glycol (TEG) market. Furthermore, augmented utilization in paints and coatings combined with use in aircraft de-icing fluid will create a surge in demand for triethylene glycol (TEG) and will increase valuable opportunities for the market's growth rate.

Restraints/ Challenges

• Increasing costs of triethylene glycol (TEG)  prices

The market in the forecast period applications is dominated by lower grades of ethylene glycols such as diethylene glycol (DEG) and Mono-ethylene glycol (MEG), due to which, the prices of TEG are increasing which may hamper the growth of overall growth market in coming years.

This triethylene glycol (TEG) 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 triethylene glycol (TEG) 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 Triethylene Glycol (TEG) Market

The outbreak of COVID-19 had an adverse impact on the triethylene glycol (TEG) 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 triethylene glycol (TEG). 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 triethylene glycol (TEG) 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.

Global Triethylene Glycol (TEG) Market Scope

The triethylene glycol (TEG) market is segmented on the basis of type, 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.

Type

• Industrial Grade
• Purity 98.2%
• Purity 98.5%
• Purity 99.6%
• Other

Application

• Natural gas dehydration
• Solvents
• Plasticizers
• Polyurethanes
• Humectants
• Polyester Resins
• Others

 End User Industry

• Automotive
• Agrochemicals
• Food and Beverage
• Textile
• Personal Care
• Pharmaceuticals
• Detergents
• Others

Triethylene Glycol (TEG) Market Regional Analysis/Insights

The triethylene glycol (TEG) market is analysed and market size insights and trends are provided by country, type, application and end-user industry as referenced above.

The countries covered in the triethylene glycol (TEG) 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.

Asia-Pacific dominates the triethylene glycol (TEG) market in terms of market share. This is due to the due to the growing government spending in the natural gas exploration in China and India. China is the largest source of the greenhouse gas and India at third largest rank and also, the fastest growing countries in this region.

North America dominates the triethylene glycol (TEG) market in terms of market share. North America holds the second largest market after Asia Pacific in triethylene glycol (TEG) market due to the rising trend for natural gas-based power plants in Canada and the U.S.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Triethylene Glycol (TEG) Market Share Analysis

The triethylene glycol (TEG) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to triethylene glycol (TEG) market.

Some of the major players operating in the triethylene glycol (TEG) market are:

• Dow (U.S.)
• LyondellBasell Industries N.V. (Netherlands)
• BASF SE (Germany)
• ADM (U.S.)
• Global Bio-chem Technology Group Company Limited (China)
• DuPont Tate & Lyle Bio Products (U.S.)
• SKC (South Korea)
• Temix Oleo (Italy)
• INEOS Oxide (Switzerland)
• Huntsman International L.l..C (U.S.)
• ADEKA CORPORATION (Japan)
• Chaoyang Chemicals, Inc. (U.S.)
• Manali Petrochemicals Limited (India)
• Haike Chemical Group Co., Ltd. (China)
• Arch Chemicals Inc, (U.S.)
• Repsol (Spain)
• Midland Company (U.S.)
• Helm AG（德国）
• 壳牌有限公司（英国）

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