According to a market report by Lucintel, the future of the global coal-to-ethylene glycol market looks promising with opportunities in the antifreeze, coolant & heat transfer agent, dewatering agent, hydrate inhibition, and precursor to polymer markets. The global coal-to-ethylene glycol market is expected to reach an estimated $1 billion by 2030 with a CAGR of 9.6% from 2024 to 2030. The major drivers for this market are rising adoption for the production of polyesters for the fiber and packaging applications, increasing demand for polyester fibers and films for various textiles and industrial applications, and diversifying the utilization of ethylene glycol across a range of industries.
A more than 150–page report is developed to understand Trends,
opportunity and forecast in coal-to-ethylene glycol market to 2030 by type
(antifreeze-grade meg, glyoxal-grade meg, pc-grade meg, polyester-grade meg,
and upr-grade meg), product (direct method ethylene glycol, olefin method
ethylene glycol, and oxalate ethylene glycol), application (antifreeze, coolant
& heat transfer agent, dewatering agent, hydrate inhibition, and precursor
to polymers), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
In this market, antifreeze-grade meg, glyoxal-grade meg, pc-grade meg,
polyester-grade meg, and upr-grade meg are the major segments of
coal-to-ethylene glycol market by type. Lucintel forecasts that
antifreeze-grade meg will remain the largest segment over the forecast period
due to its increasing adoption in various applications, such as engine
coolants, heat transfer fluids, and deicing fluids.
Within this market, coolant & heat transfer will remain the largest
segment.
APAC will remain the largest region over the forecast period due to
increasing demand for petrochemicals and rising government polices and
regulations in the region.
Download sample by clicking on coal-to-ethylene
glycol market.
BASF, Danhua Chemical Technology, Eastman Chemical Company, Formosa
Plastics, Huntsman International, INEOS, and Johnson Matthey are the major
suppliers in the coal-to-ethylene glycol market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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