Ethylene Glycol and Ethylene Oxide

Ethylene Glycol and Ethylene Oxide Market Outlook

The global Ethylene Glycol and Ethylene Oxide market is poised for significant growth, projected to reach USD 35.25 billion by 2035, with a Compound Annual Growth Rate (CAGR) of approximately 4.5% from 2025 to 2035. This expansion is driven by an increasing demand for ethylene glycol in the automotive and textile industries, where it is used as an antifreeze and in the production of polyester fibers. Furthermore, the sustained growth in the packaging industry, particularly for PET bottles, is also expected to contribute to the market's upward trajectory. The robust demand for ethylene oxide in various applications such as surfactants and solvents is another pivotal growth factor. Additionally, the rising awareness of sustainable practices and regulations governing solvents and chemicals are likely to boost the adoption of bio-based ethylene glycol products, further enhancing market growth.

Growth Factor of the Market

Several factors are driving the growth of the Ethylene Glycol and Ethylene Oxide market. Firstly, the automotive industry's recovery post-pandemic, coupled with the demand for producing antifreeze and coolant fluids, has created a significant uptick in ethylene glycol consumption. Secondly, the textile industry is increasingly gravitating towards polyester due to its versatility and cost-effectiveness; this shift is accentuating the need for monoethylene glycol (MEG), a primary raw material in polyester production. Additionally, urbanization and the rising population have led to a higher demand for consumer goods, which in turn drives the need for efficient packaging solutions such as PET bottles. Moreover, the increasing focus on sustainable and eco-friendly products is pushing industries to explore bio-based alternatives, which may yield long-term growth opportunities in the market. Lastly, advancements in production technologies that enhance yield and reduce environmental impact are likely to play a crucial role in the market's expansion.

Key Highlights of the Market

• The global Ethylene Glycol and Ethylene Oxide market is projected to reach USD 35.25 billion by 2035.
• Monoethylene Glycol is the leading product type, primarily used in antifreeze and polyester production.
• Asia Pacific is expected to dominate the market, contributing approximately 45% of the total revenue.
• Increased consumer demand for sustainable packaging solutions is driving the PET bottle application segment.
• Technological advancements in production processes are enhancing the market's growth potential.

By Product Type

Monoethylene Glycol:

Monoethylene Glycol (MEG) is the most widely used form of ethylene glycol, primarily due to its applications in antifreeze and coolant formulations, as well as in the production of polyester fibers and PET resins. With the growing automotive industry, the demand for MEG is expected to increase, as it plays an essential role in maintaining vehicle performance and safety. Furthermore, the textile industry utilizes MEG for the production of polyester fibers, which are favored for their durability and versatility. The continuous expansion of the fashion and apparel market contributes to the increasing demand for MEG. Additionally, MEG's use in various end-user industries such as construction, packaging, and consumer goods is further enhancing its significance in the market landscape. The increasing focus on sustainability is also encouraging manufacturers to explore bio-based MEG alternatives, paving the way for innovations in this segment.

Diethylene Glycol:

Diethylene Glycol (DEG) serves as a vital intermediary in the production of various chemicals and products, including plasticizers, resins, and solvents. Its excellent hygroscopic properties make it an essential ingredient in antifreeze formulations, and it is also utilized in the manufacturing of personal care products, textiles, and coatings. As consumer preferences shift towards high-performance materials with enhanced characteristics, the demand for DEG is likely to witness a steady rise. Furthermore, its application in the production of automotive and industrial lubricants adds to its market potential. The growing trend towards eco-friendly and biodegradable products is prompting manufacturers to adopt DEG, as it offers a more sustainable solution compared to traditional chemical alternatives. With an increase in research and development efforts aimed at optimizing the use of DEG in various formulations, this product type is expected to contribute positively to the overall market growth.

Triethylene Glycol:

Triethylene Glycol (TEG) is increasingly being recognized for its application in various sectors, specifically in gas dehydration, manufacturing of plastics, and as a solvent. TEG’s unique properties, including its ability to absorb moisture and its compatibility with various substances, make it a valuable ingredient in the petrochemical industry. The rising demand for effective gas dehydration techniques in industrial applications is likely to bolster the market for TEG, as it plays a crucial role in ensuring the efficiency and safety of natural gas transportation. Additionally, TEG is utilized in the production of antifreeze fluids and personal care products, thus expanding its application scope. The shift towards more sustainable and environmentally friendly chemicals is also promoting the use of TEG as a biodegradable alternative in various formulations. As a result, TEG is expected to witness a notable increase in demand across diverse industrial applications.

Ethylene Glycol Monoethyl Ether:

Ethylene Glycol Monoethyl Ether (EGEE) is primarily utilized as a solvent in various industrial applications, including coatings, paints, and cleaning products. Its high solvency power and low volatility make it particularly effective in formulations that require consistent quality and performance. As the global demand for paints and coatings continues to rise, driven by urban development and infrastructure projects, the demand for EGEE is anticipated to grow significantly. Additionally, EGEE is employed in the production of inks and adhesives, further diversifying its application profile. The increasing trend towards eco-friendly products is also encouraging manufacturers to incorporate EGEE into their formulations, as it is considered less harmful compared to traditional solvents. As industries strive for better performance and lower environmental impact, EGEE is poised to gain traction in the market.

Ethylene Glycol Monobutyl Ether:

Ethylene Glycol Monobutyl Ether (EGBE) is an important solvent used in various applications, including coatings, cleaning agents, and surface treatment products. It is favored for its excellent solvency properties and ability to mix well with a variety of substances. The growing focus on the automotive and construction sectors is significantly contributing to the demand for EGBE, as it is used in paint formulations, varnishes, and adhesives. Additionally, the rise in household cleaning products and personal care items that incorporate EGBE is driving its market growth. As manufacturers emphasize reducing volatile organic compounds (VOCs) in their formulations due to regulatory pressures and consumer preferences, EGBE is emerging as a viable alternative. The versatility of EGBE across different industries is likely to ensure sustained demand in the coming years, underscoring its importance in the Ethylene Glycol and Ethylene Oxide market.

By Application

Antifreeze:

The antifreeze segment is one of the primary applications of ethylene glycol, especially in the automotive industry. Ethylene glycol's low freezing point and high boiling point make it an essential component in maintaining optimal engine performance, preventing coolant from freezing in cold temperatures, and protecting against engine overheating. As the automotive sector continues to expand, particularly in emerging markets, the demand for antifreeze formulations that include ethylene glycol is expected to rise significantly. Furthermore, the increased awareness of vehicle maintenance and performance optimization among consumers is driving the automotive aftermarket for antifreeze products. As electric vehicles gain popularity, the need for high-performance coolant fluids in these vehicles may also drive innovation in antifreeze formulations, leading to further market growth in this application segment.

Polyester Fibers:

Ethylene glycol is a critical raw material in the production of polyester fibers, which are extensively used in textiles and apparel. The textile industry is experiencing a resurgence, driven by rising consumer demand for clothing and fashion products, which in turn is fueling the demand for polyester fibers. Ethylene glycol's ability to produce high-quality polyester with excellent durability and performance characteristics makes it indispensable in the production of a wide range of textile products. Additionally, the increasing popularity of sustainable and recycled polyester fibers is likely to enhance the demand for ethylene glycol as manufacturers seek to meet sustainability targets. As the global fashion industry continues to evolve, the polyester fibers application segment will remain a significant contributor to the overall market growth of ethylene glycol and ethylene oxide.

PET Bottles:

The rise in consumer demand for bottled beverages and packaged goods has led to significant growth in the PET bottle segment, further driving the demand for ethylene glycol. Ethylene glycol is essential in producing polyethylene terephthalate (PET), a widely used plastic for packaging due to its lightweight, durability, and recyclability. The growing trend toward environmentally friendly packaging solutions and the increasing use of recycled PET are expected to further enhance the demand for ethylene glycol in this application. As stringent regulations around single-use plastics continue to shape the packaging landscape, companies are likely to invest in sustainable alternatives, which may lead to innovations in PET bottle production methods. Consequently, the PET bottles application is anticipated to remain a vital segment within the ethylene glycol and ethylene oxide market.

Polyester Film:

Polyester films are widely utilized across various industries, including packaging, electronics, and medical, owing to their excellent mechanical and thermal properties. Ethylene glycol plays a vital role in the production of these films, especially in the manufacturing of biaxially oriented polyester (BOPET) films, which have gained popularity due to their versatility and performance characteristics. The increasing demand for flexible packaging solutions in the food and beverage sector is driving the growth of polyester films, as they provide excellent barrier properties, thus prolonging product shelf life. Furthermore, innovations in film technology, such as lightweight and biodegradable films, are anticipated to further enhance the demand for polyester films, thereby increasing the need for ethylene glycol as a key raw material in their production.

Others:

In addition to the primary applications mentioned, ethylene glycol and ethylene oxide find use in numerous other applications, including antifreeze in HVAC systems, de-icing solutions for roads, and as a component in many household and industrial cleaning products. Their versatile nature allows them to be incorporated into various formulations across different industries. Ethylene glycol is also utilized in the manufacturing of pharmaceuticals, where it acts as a solvent and stabilizer. The increasing adoption of ethylene glycol in emerging applications such as bioplastics and biofuels is indicative of the evolving market landscape. As industries explore innovative uses for these compounds, the "Others" application segment is expected to witness steady growth, contributing positively to the overall market dynamics.

By Distribution Channel

Direct Sales:

Direct sales channels play a crucial role in the distribution of ethylene glycol and ethylene oxide, allowing manufacturers to establish direct relationships with their customers. This approach enables companies to meet specific customer requirements and foster loyalty through personalized service. The direct sales model is particularly beneficial for large-scale industries that require consistent and bulk supply of these chemicals for their operations. By eliminating intermediaries, manufacturers can also reduce costs and improve profit margins. As the market for ethylene glycol continues to grow, direct sales are expected to remain a significant distribution channel, catering to the needs of diverse industries ranging from automotive to textiles. This channel also facilitates better communication between manufacturers and consumers, enabling the former to adapt to changing demands effectively.

Indirect Sales:

Indirect sales channels encompass a range of intermediaries, including distributors, wholesalers, and retailers that facilitate the supply of ethylene glycol and ethylene oxide to end-users. This distribution model is beneficial in expanding market reach and providing access to a wider customer base, including small- to medium-sized enterprises that might not engage in direct purchases. By utilizing indirect sales, manufacturers can enhance their market presence and leverage the established networks of distributors to penetrate local markets more effectively. Indirect sales channels also enable companies to benefit from market insights and consumer trends gathered by intermediaries, which can inform strategies for product development and marketing. As the demand for ethylene glycol continues to rise, the indirect sales channel will remain an important avenue for reaching diverse customer segments.

By Ingredient Type

Ethylene Oxide:

Ethylene oxide is a versatile chemical compound and a key ingredient in the production of ethylene glycol and various other derivatives. Its primary use is as a precursor in the synthesis of ethylene glycol, which is widely used across multiple applications, including antifreeze, textiles, and packaging. The growing demand for ethylene oxide in producing surfactants, solvents, and antifreeze formulations underscores its significance in the market. Additionally, ethylene oxide is increasingly being used in the production of bio-based chemicals and polymers, aligning with the global shift towards sustainable practices. As industries continue to seek environmentally friendly solutions, the demand for ethylene oxide is expected to rise, driving the overall growth of the ethylene glycol and ethylene oxide market.

Ethylene Glycol:

Ethylene glycol itself is a critical ingredient in various industrial applications, owing to its favorable properties, including low freezing point and high thermal stability. As a primary component in antifreeze formulations, ethylene glycol is indispensable in the automotive sector, ensuring safe operation under extreme temperatures. Additionally, its role as a raw material in producing polyester fibers and PET resins solidifies its importance within the textile and packaging industries. With the increasing demand for sustainable and recycled materials, manufacturers are focusing on improving the efficiency of ethylene glycol production processes, including bio-based alternatives. The dual role of ethylene glycol as both a product and an ingredient ensures its position as a pivotal element in the ethylene glycol and ethylene oxide market.

By Region

The regional analysis of the Ethylene Glycol and Ethylene Oxide market highlights the dominance of the Asia Pacific region, which is expected to account for approximately 45% of the overall market share by 2035. This growth can be attributed to the rapid industrialization and urbanization occurring in countries like China and India, driving the demand for ethylene glycol in the textile, automotive, and packaging sectors. Furthermore, the increasing investments in manufacturing capabilities and infrastructure development in the region will likely bolster the market for ethylene glycol and ethylene oxide. With a projected CAGR of around 5% during the forecast period, the Asia Pacific region is set to lead the market, establishing itself as a significant hub for production and consumption.

North America and Europe are also key players in the Ethylene Glycol and Ethylene Oxide market, contributing approximately 25% and 20% to the global revenue, respectively. The North American market is supported by a robust automotive industry and a growing focus on sustainable practices, leading to increased demand for ethylene glycol-based products. In Europe, stringent regulations on chemicals and a push for eco-friendly solutions are driving innovation in the ethylene glycol market. Although these regions are witnessing steady growth, their market shares are comparatively lower than that of Asia Pacific. As the global market for ethylene glycol continues to evolve, regional dynamics will play a crucial role in shaping industry trends and opportunities.

Opportunities

The Ethylene Glycol and Ethylene Oxide market presents numerous opportunities for growth, particularly in the development of bio-based products and sustainable practices. As consumers become increasingly aware of environmental concerns, there is a growing demand for eco-friendly alternatives to traditional chemicals. This shift towards sustainability is prompting manufacturers to explore bio-based ethylene glycol solutions, which not only reduce carbon footprints but also cater to the evolving consumer preferences for green products. Investing in research and development to create innovative formulations that leverage renewable resources can open up new revenue streams for companies in this space. As industries strive to meet regulatory requirements and sustainability goals, the demand for bio-based alternatives is poised to rise, offering significant opportunities for growth in the ethylene glycol market.

Additionally, the expansion of the packaging industry, especially in emerging markets, presents a wealth of opportunities for the Ethylene Glycol and Ethylene Oxide market. As the global population continues to grow, the demand for efficient and durable packaging solutions is expected to increase substantially. This growth is particularly prominent in the food and beverage sector, where demand for PET bottles and packaging materials made from ethylene glycol is on the rise. Companies that can adapt to these changing consumer demands and innovate their product offerings to cater to the packaging market will likely find rewarding opportunities. Furthermore, partnerships and collaborations with packaging manufacturers can enhance market presence and expand distribution networks, positioning companies favorably within the evolving market landscape.

Threats

Despite the robust growth prospects of the Ethylene Glycol and Ethylene Oxide market, several threats could hinder progress. One of the primary concerns is the volatility in raw material prices, particularly petroleum-based products, which directly impacts the production costs of ethylene glycol and ethylene oxide. Fluctuations in crude oil prices and supply chain disruptions can lead to increased manufacturing costs, affecting profit margins and pricing strategies. Additionally, the ongoing geopolitical tensions and trade disputes could create uncertainties in sourcing raw materials and hinder international trade, impacting market growth. Furthermore, stringent regulations surrounding chemical manufacturing and environmental impacts can impose additional compliance costs and operational challenges for companies in this space.

Another significant threat to the Ethylene Glycol and Ethylene Oxide market is the potential emergence of alternative materials and technologies that could replace traditional applications. As industries seek innovative solutions and more sustainable alternatives, the risk of losing market share to competitors utilizing novel materials becomes a pressing concern. Companies must remain vigilant and adaptable to changing trends and consumer preferences, ensuring they invest in research and development to maintain competitiveness. Furthermore, successful market penetration of bio-based alternatives and regulatory shifts favoring greener products could pose additional challenges for conventional ethylene glycol and ethylene oxide producers, necessitating a proactive approach to innovation and market positioning.

Competitor Outlook

• Dow Chemical Company
• Royal Dutch Shell
• Eastman Chemical Company
• Indorama Ventures Public Company Limited
• Sabic
• BASF SE
• Huntsman Corporation
• Formosa Plastics Corporation
• Oxiteno S.A.
• Reliance Industries Limited
• China National Petroleum Corporation (CNPC)
• LG Chem
• INEOS Group
• Alpek S.A.B. de C.V.
• Purac Biochem

The competitive landscape of the Ethylene Glycol and Ethylene Oxide market is characterized by a mix of established players and emerging companies striving to capture market share. Major companies such as Dow Chemical Company and Royal Dutch Shell hold significant portions of the market due to their large-scale production capabilities and extensive distribution networks. These companies are heavily investing in research and development to innovate their product offerings and improve sustainability practices, ensuring they remain leaders in the industry. Furthermore, collaborations and strategic partnerships with other organizations are common among these key players, allowing them to leverage each other’s strengths and enhance their market presence.

Indorama Ventures, a leader in the production of PET resins and fibers, is also a formidable competitor in the ethylene glycol market. Its commitment to sustainability and focus on recycling has positioned the company favorably in the eyes of environmentally conscious consumers. Similarly, BASF SE and Eastman Chemical Company are making strides in developing bio-based ethylene glycol products, providing them with a competitive edge in the evolving market landscape. The entry of new players offering innovative solutions is intensifying competition, making it essential for established companies to continuously adapt and innovate to maintain their market positions.

Moreover, companies like Reliance Industries Limited and Formosa Plastics Corporation are expanding their production capacities to meet the growing demand for ethylene glycol in emerging markets. These firms are also investing in sustainable production methodologies, aligning their operations with the global push for greener practices. The focus on cost efficiency and operational excellence is allowing these companies to enhance their competitive advantages in a market that is becoming increasingly dynamic. As the Ethylene Glycol and Ethylene Oxide market continues to grow, companies that prioritize innovation, sustainability, and strategic partnerships are likely to emerge as key players in shaping the future of the industry.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Sabic
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 BASF SE
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 LG Chem
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 INEOS Group
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Oxiteno S.A.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Purac Biochem
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Royal Dutch Shell
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Alpek S.A.B. de C.V.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Dow Chemical Company
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Huntsman Corporation
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Eastman Chemical Company
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Reliance Industries Limited
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Formosa Plastics Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Indorama Ventures Public Company Limited
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 China National Petroleum Corporation (CNPC)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Ethylene Glycol and Ethylene Oxide Market, By Application
    • 6.1.1 Antifreeze
    • 6.1.2 Polyester Fibers
    • 6.1.3 PET Bottles
    • 6.1.4 Polyester Film
    • 6.1.5 Others
  • 6.2 Ethylene Glycol and Ethylene Oxide Market, By Product Type
    • 6.2.1 Monoethylene Glycol
    • 6.2.2 Diethylene Glycol
    • 6.2.3 Triethylene Glycol
    • 6.2.4 Ethylene Glycol Monoethyl Ether
    • 6.2.5 Ethylene Glycol Monobutyl Ether
  • 6.3 Ethylene Glycol and Ethylene Oxide Market, By Ingredient Type
    • 6.3.1 Ethylene Oxide
    • 6.3.2 Ethylene Glycol
  • 6.4 Ethylene Glycol and Ethylene Oxide Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Ethylene Glycol and Ethylene Oxide Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Ethylene Glycol and Ethylene Oxide market is categorized based on

By Product Type

• Monoethylene Glycol
• Diethylene Glycol
• Triethylene Glycol
• Ethylene Glycol Monoethyl Ether
• Ethylene Glycol Monobutyl Ether

By Application

• Antifreeze
• Polyester Fibers
• PET Bottles
• Polyester Film
• Others

By Distribution Channel

• Direct Sales
• Indirect Sales

By Ingredient Type

• Ethylene Oxide
• Ethylene Glycol

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Dow Chemical Company
• Royal Dutch Shell
• Eastman Chemical Company
• Indorama Ventures Public Company Limited
• Sabic
• BASF SE
• Huntsman Corporation
• Formosa Plastics Corporation
• Oxiteno S.A.
• Reliance Industries Limited
• China National Petroleum Corporation (CNPC)
• LG Chem
• INEOS Group
• Alpek S.A.B. de C.V.
• Purac Biochem