Glycols Market Size, Share, Trends And Forecast To 2026
                     Glycols Market
Set to Exceed USD 49.36 Billion by 2026 | CAGR: 5.1%
“Glycols Market Share, Size, Trends, & Industry Analysis 
Report, By Product (Propylene Glycol, Ethylene Glycol 
(Mono-ethylene Glycol, Di-ethylene Glycol, Tri-ethylene 
Glycol), By End-Use (Textiles, Automotive, HVAC, Medical, 
Airline, Others), By Regions: Segment Forecast, 2018 - 
2026”
Glycols Market Estimate & Forecast to 2026
The global glycols market size is anticipated to reach USD 49.36 billion by 2026 growing at a 
CAGR of 5.1% from 2018 to 2026 according to a new report published by Polaris Market 
Research.  The report ‘Glycols Market Share, Size, Trends, & Industry Analysis 
Report, By Product (Propylene Glycol, Ethylene Glycol (Mono-ethylene Glycol, Di-
ethylene Glycol, Tri-ethylene Glycol), By Applications (Textiles, Automotive, HVAC, 
Medical, Airline, Others), By Regions: Segment Forecast, 2018 – 2026’ provides 
insights on the current market scenario and the future prospects. Increasing demand for 
ethylene and propylene glycol is owing to its increasing demand from a many primary end-
use industries.
 
Large volumes of ethylene glycols are consumed for manufacturing of automotive coolant or 
antifreeze. Ethylene glycols are non-corrosive, stable chemicals with high flash points. 
Propylene glycols are relatively nontoxic liquids that are practically odorless and colorless. 
Some of its primary applications include heat transfer fluids, paints & coatings, antifreeze 
coolants, functional fluids and plasticizers.
The hygroscopicity of these products makes it an important conditioning agent in in vinyl 
floor tiles, cork, adhesives, cellulose sponges, synthetic rubbers, printing inks and paper 
products. Ethylene glycol is also used in formulations development of the alkyd-type resins 
that has linear chain structures and even in unsaturated polyester resins. It is also used in 
the dehydration of natural gCaospy.r igAht p© Paorlatris  fMraorkemt Re steharechs &e Co ntshulteing  pLLrP o20d18u. Acll tR ightsa Rses esrvedveral applications in 2
polyester, textile, HVAC, medical, airline and food & beverage industry.
Glycols Market Scope
By Product By Application By Region
• Propylene glycol • Polyethylene • North America (U.S., Canada)
• Ethylene glycol • Textiles • Europe (Germany,
• Automotive • UK, France, Italy, Spain, Belgium, 
• HVAC Russia, Netherlands, Rest of Europe)
• Medical • Asia Pacific (China, India, Japan, Korea, 
• Airline Singapore, Malaysia, Indonesia, 
• Polyester Fiber & Thailand, Philippines)
Resins • Latin America (Brazil, Mexico, 
• Food & Beverage Argentina, Rest of LATAM)
• Others • Middle East & Africa (UAE, Saudi 
Arabia, South Africa, Rest of MEA)
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Glycols Market Estimate & Forecast to 2026
In 2017, Asian Pacific glycols industry faced a few challenges in terms of longer supply 
terms and slower market growth in the downstream polyester terephthalate (PET), polyester 
fiber and yarn sectors. The listing of monoethylene futured as a product in the China’s 
Dalian Commodity Exchange (DCE) and added certain uncertainty to MEG price movements. 
In 2016 as well, the Asia Pacific market experienced volatility and was a challenging market 
space.
Access Research Report On Glycols Market
 
However, the average global prices of MEG saw gains in the first quarter of 2017 though it 
stabilized by the end of the year. It was mainly due to the increase in demand for polyester 
fibers from other regional markets and an overall reduction in production output from the 
major global suppliers of MEG.
 
The worldwide glycols market is a competitive marketspace with moderate degree of 
integration across the value chain by several market players. Some of the lading market 
participants include ExxonMobil Corporation, Saudi Basic Industries Corporation (SABIC), 
Dow Dupont, Royal Dutch Shell plc, LyondellBasell Industries, Total S.A., and China 
Petroleum & Chemical Corporation.
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Glycols Market Size
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