Skip to main content

Triethylene Glycol Market Price, Size & Scope, Product Estimates & Strategy Framework To 2014 - 2025

Tri-ethylene glycol is an odorless, colorless, hygroscopic liquid and non-volatile in nature. Ethylene glycol is commercially prepared by oxidation of ethylene at high temperature in the presence of catalyst silver oxide, followed by hydration of ethylene oxide to produce mono, di and tri-ethylene glycol as sub-products. Tri-ethylene glycol is used as vinyl plasticizer, as in-between in the manufacture of polyester polyols and resins, and as a solvent in several various applications.

The factors that propel the growth of the TEG industry include rising demand for solvents and increasing oil & gas investigation activities across the world. On the other hand, there are factors that may hamper the growth of the market including higher derivatives of glycols, and high cost of production. Triethylene Glycol Market is anticipated to grow at a significant CAGR of 3.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe.

Request A Free Sample  - https://www.millioninsights.com/industry-reports/triethylene-glycol-teg-market/request-sample

Triethylene Glycol (TEG) industry may be explored by product type, application, and geography. The market may be explored by product type as industrial Grade, and Other. The key application that could be explored in the TEG Market include Solvents, Polyester Resins, Natural gas dehydration, Plasticizers, Humectants, Polyurethanes, and Others. The “Natural Gas Dehydration” segment led the Triethylene Glycol industry in 2015 and is anticipated to maintain its dominance by 2022.

Asia-Pacific accounted for the major share of the Triethylene Glycol (TEG) Market Size in 2014 and will continue to lead in the forecast period. The factors that could be attributed to the growth includes rising use of gas as a fuel source in India, China, Japan, and South Korea. Improved demand for TEG in the region.

Some of the key players that fuel the growth of the Triethylene Glycol industry comprise ExxonMobil, LyondellBasell, Honeywell International Inc. E.I. duPont de Nemours & Company, 3M, Ineos, Honam Petrochemical Corporation, Shell, SABIC, Clariant, and Reliance Industries Ltd. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Comments

Post a Comment

Popular posts from this blog

Functional Tea Market is expected to boost the growth of the market over the forecast period.

Functional Tea refers to a series of teas that can contribute to bodily functions. In 2019, the market size of Functional Tea is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. Download Request sample copy -  https://www.innovationmarketresearch.com/market-reports/functional-tea-market/request-sample In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Functional Tea. This report studies the global market size of Functional Tea, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Functional Tea sales volume, revenue, market share and growth rate for each key company, and also covers the breakdown data (sal...
Post a Comment
Read more

Global oriented strand board (OSB) market size was estimated over USD 8.0 million in 2014.

Global oriented strand board (OSB) market size was estimated over USD 8.0 million in 2014. The growing substitution of plywood by OSB in applications such as residential construction and commercial sector is expected to have a positive impact on market demand. The high strength to weight ratio and easy installation advantages provided by oriented strand board are driving market growth of these products. This product is consumed for both non-structural and structural applications such as shelving, pallet manufacture, frames, furniture, industrial tabletops, dry storage pallets, packaging and crafting. Technological advancements in countries such as Brazil, Russia, China, and India for the development of new products is anticipated to create new growth avenues over the forecast period. Download Free Sample  -  https://www.millioninsights.com/industry-reports/oriented-strand-board-osb-market/request-sample Increasing consumption of office furniture and home furniture is likely to...
Post a Comment
Read more

Global Varied Color Lipstick Market Growth and Forecast, 2018 -2028 : Radiant Insights, Inc

In the context of China-US trade war and global economic volatility and uncertainty, it will have a big influence on this market. Varied Color Lipstick Report by Material, Application, and Geography - Global Forecast to 2023 is a professional and comprehensive research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China). Download Free Sample Copy  -  https://www.radiantinsights.com/research/global-varied-color-lipstick-market-research-report-2020-2024/request-sample In this report, the global Varied Color Lipstick market is valued at USD XX million in 2020 and is projected to reach USD XX million by the end of 2024, growing at a CAGR of XX% during the period 2020 to 2024. The report firstly introduced the Varied Color Lipstick basics: definitions, classifications, applications and market overview; product specif...
Post a Comment
Read more