Triethylene Glycol (TEG) Market
                     Adroit Market Research
Triethylene Glycol (TEG) 
Market
Size 2017 by Application (Humectants, Natural Gas Dehydration, Plasticizers, 
Polyester Resins, Polyurethanes, Solvents, and Others), By Region and 
Forecast 2018 to 2025
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Adroit Market Research
Triethylene Glycol (TEG) Market Size and Share 2025
• Adroit Market Research published a study titled, “Global Triethylene Glycol (TEG) Market Size 2017 by Application 
(Humectants, Natural Gas Dehydration, Plasticizers, Polyester Resins, Polyurethanes, Solvents, and Others), By Region and 
Forecast 2018 to 2025”. The global triethylene glycol market report includes an evaluation of prevailing trends including 
drivers, restraints and lucrative opportunities. Additional tools such as Porter’s Five Forces analysis, and value chain 
analysis are included to give a holistic global TEG market view. Moreover, the report includes TEG market size pertaining to 
different regions. The global triethylene glycol (TEG) market share has been evaluated for different applications.
• The global TEG market size is projected to reach a valuation of USD 870.6 million by 2025, owing to its excellent 
hygroscopic properties which have aggravated the demand of triethylene glycol in a wide number of applications. The 
increasing need for plasticizers in end-use industries is another factor contributing towards the growth of the global 
triethylene glycol market.
• TEG is used by the oil & gas industry to "dehydrate" natural gas. Triethylene glycols, which have a high boiling point and 
water affinity, are used as a liquid desiccant for natural gas dehydration. Dehydration is the removal of water vapor from 
the refinery tower so that dry hydrocarbon gasses can leave the tower's top. It can also be used to dehydrate other gasses, 
including CO2, H2S and other gases oxygenated. Natural gas dehydration is projected to be the fastest growing application 
holding a valuation of approximately USD 526.1 million by 2025.
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Adroit Market Research
Triethylene Glycol (TEG) Market Size and Share 2025
• Growth in natural gas production on account of increasing industrialization and power demand in emerging Asian countries as well as in Africa 
have boosted the demand for natural gas dehydration. A higher degree of purity, lower vapor losses, and operating costs are the advantages 
offered by TEG which have driven the global triethylene glycol market. In addition, improving gas import, transport and utility infrastructure in 
countries such as China, India, and Brazil is likely to fuel the global triethylene glycol market growth over the predicted period. Favorable 
government policies backing the use of natural gas as a cleaner fuel is anticipated to assist the global triethylene glycol (TEG) market share over 
the forecast period.
• Middle East & Africa are projected to witness a demand volume exceeding 70 kilo tons by 2025, growing in tandem with the global growth 
during the forecast period. Natural gas, being one of the cleanest burning fossil fuels, is in high demand as governments are finding cost-
effective ways to reduce their dependence on coal and oil burning power plants. As a result of this increasing global demand, governments and 
industries throughout the Middle East are now expanding infrastructure for the production of natural gas to extract and monetize the region's 
large supply.
• Alongside Russia and Iran, Qatar has the world's third largest proven natural gas reserve. The World Energy Outlook also predicted that by 
2020, the Middle East will become the second largest gas consumer. The biggest consumption increase comes from the electricity sector. In 
Saudi Arabia, the growing demand for electricity is mainly as a result of population growth and the ongoing drive to meet its current supply 
gap. Bharat Petroleum forecasts that by 2040, the Middle East, which represents the largest natural gas reserves, in particular offshore Iran and 
Qatar, will see an expansion in the production of natural gas by 60%, thus leading to the need for dehydration. Growth in the capacity additions 
is likely to have a positive impact on the growth of the global TEG market size over the forecast years.
• The nature of the global triethylene glycol market is fragmented with the presence of a large number of established players. The primary 
participants include Dow Chemical Company, Huntsman Corporation, BASF AG, Royal Dutch Shell, Eastman Chemical Company, Exxon Mobil 
Corporation, Saudi Basic Industries Corporation, INEOS, LyondellBasell Industries Holdings B.V., and LOTTE Chemical Corporation among others.
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Adroit Market Research
Triethylene Glycol (TEG) Market Size and Share 2025
• Application Overview, 2015-2025 (Kilo Tons) (USD Million)
• Humectants
• Natural Gas Dehydration
• Plasticizers
• Polyester Resins
• Polyurethanes
• Solvents
• Others
• Key Players analysed in the report include
• The Dow Chemical Company
• Huntsman Corporation
• BASF AG
• Royal Dutch Shell
• Eastman Chemical Company
• Others
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Adroit Market Research
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