Report overview
Tri-ethylene glycol is a colorless, odorless, non-volatile and hygroscopic liquid. Ethylene glycol is prepared commercially by oxidation of ethylene at high temperature in the presence of silver oxide catalyst, followed by hydration of ethylene oxide to yield mono, di and tri-ethylene glycol as co-products. Tri-ethylene glycol finds use as vinyl plasticizer, as intermediate in the manufacture of polyester resins and polyols, and as a solvent in many miscellaneous applications. The main uses of tri-ethylene glycol depend upon its hygroscopic properties. Furthermore, air conditioning system uses tri-ethylene glycol as dehumidifiers and when volatilized as an air disinfectant for bacteria and virus control.
This report aims to provide a comprehensive presentation of the global market for Tri-ethylene Glycol (TEG), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Tri-ethylene Glycol (TEG). This report contains market size and forecasts of Tri-ethylene Glycol (TEG) in global, including the following market information:
Global Tri-ethylene Glycol (TEG) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Tri-ethylene Glycol (TEG) Market Sales, 2018-2023, 2024-2029, (Kiloton)
Global top five Tri-ethylene Glycol (TEG) companies in 2022 (%)
The global Tri-ethylene Glycol (TEG) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Purity: 99.5%min Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Tri-ethylene Glycol (TEG) include SABIC, Reliance Industries Ltd, LyondellBasell, Eastman Chemicals, ExxonMobil, Dow, Sinopec, China Petroleum & Chemical Corporation and Clariant, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Tri-ethylene Glycol (TEG) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tri-ethylene Glycol (TEG) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Tri-ethylene Glycol (TEG) Market Segment Percentages, by Type, 2022 (%)
Purity: 99.5%min
Purity: 99.9%min
Others
Global Tri-ethylene Glycol (TEG) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Tri-ethylene Glycol (TEG) Market Segment Percentages, by Application, 2022 (%)
Dehydrating and Dehumidifying Agent
Plasticisers
Solvents
Others
Global Tri-ethylene Glycol (TEG) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Kiloton)
Global Tri-ethylene Glycol (TEG) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tri-ethylene Glycol (TEG) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Tri-ethylene Glycol (TEG) revenues share in global market, 2022 (%)
Key companies Tri-ethylene Glycol (TEG) sales in global market, 2018-2023 (Estimated), (Kiloton)
Key companies Tri-ethylene Glycol (TEG) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
SABIC
Reliance Industries Ltd
LyondellBasell
Eastman Chemicals
ExxonMobil
Dow
Sinopec
China Petroleum & Chemical Corporation
Clariant
INEOS Group Ltd
Royal Dutch Shell
BASF
Huntsman Corporation
Indorama Venture
Formosa Plastics
Outline of Major Chapters:
Chapter 1: Introduces the definition of Tri-ethylene Glycol (TEG), market overview.
Chapter 2: Global Tri-ethylene Glycol (TEG) market size in revenue and volume.
Chapter 3: Detailed analysis of Tri-ethylene Glycol (TEG) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Tri-ethylene Glycol (TEG) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Tri-ethylene Glycol (TEG) capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
