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Global Glycol Industry (2020 to 2027) - The US Market is Estimated at 6 Thousand Tons - ResearchAndMarkets.com

January 8, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Jan 8, 2021--

The “Glycol - Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.

The publisher brings years of research experience to the 6th edition of this report. The 294-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

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Global Glycol Market to Reach 27.4 Thousand Tons by 2027

Amid the COVID-19 crisis, the global market for Glycol estimated at 22.1 Thousand Tons in the year 2020, is projected to reach a revised size of 27.4 Thousand Tons by 2027, growing at a CAGR of 3.1% over the period 2020-2027.

Ethylene Glycol, one of the segments analyzed in the report, is projected to record 3.2% CAGR and reach 22.4 Thousand Tons by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Propylene Glycol segment is readjusted to a revised 2.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at 6 Thousand Tons, While China is Forecast to Grow at 5.7% CAGR

The Glycol market in the U.S. is estimated at 6 Thousand Tons in the year 2020. China, the world’s second largest economy, is forecast to reach a projected market size of 5.6 Thousand Tons by the year 2027 trailing a CAGR of 5.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.9% and 2.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.5% CAGR.

Competitors identified in this market include, among others:

  • BASF SE
  • Akzo Nobel NV
  • Huntsman International LLC
  • Reliance Industries Ltd.
  • SABIC Europe BV
  • Repsol SA
  • Shell Chemicals LP
  • INEOS Bio
  • India Glycols Limited
  • DowDuPont, Inc.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

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1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Glycol Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 42

For more information about this report visit https://www.researchandmarkets.com/r/u5ton8

View source version on businesswire.com:https://www.businesswire.com/news/home/20210108005451/en/

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KEYWORD:

INDUSTRY KEYWORD: CHEMICALS/PLASTICS MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 01/08/2021 12:18 PM/DISC: 01/08/2021 12:19 PM

http://www.businesswire.com/news/home/20210108005451/en