Ethylene Glycols Top Companies-Recent Developments, Business Strategy, Deal Strategy, Patent Strategy, Benchmarking and Management Outlook

Date : November 2024

Ethylene Glycols Market Size Analysis and Top Companies

The global ethylene glycols market size is estimated to hit around USD 29.96 billion by 2033, increasing from USD 17.84 billion in 2023 with a CAGR of 5.32% from 2023 to 2033.The top companies operating in the ethylene glycols market are Reliance Industries Ltd. (India), Huntsman Corporation (US), SABIC (Saudi Arabia), BASF SE (Germany), Kuwait Petroleum Corporation (Kuwait), AkzoNobel (Netherlands), Clariant (Switzerland), Formosa Plastics Group (Taiwan), Exxon Mobil Corp. (US), Ineos Oxide (UK), Ultrapar Participacoes Sa (Brazil), LyondellBasell Industries (Netherlands), Honam Petrochemical Corporation (South Korea), and Others.

Market Report Coverage

Report Coverage Details
Market Size by 2033 USD 29.96 Billion
Market Size in 2023 USD 17.84 Billion
Market Growth Rate from 2023 to 2033 CAGR of 5.32%
Largest Market North America
Base Year 2023
Forecast Period 2023 to 2033
Segments Covered Derivative Type, Application, End Use, and Regions
Regions Covered North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa

Ethylene Glycols Key Players

Ethylene Glycols Key Players

  • Reliance Industries Ltd. (India)
  • Huntsman Corporation (US)
  • SABIC (Saudi Arabia)
  • BASF SE (Germany)
  • Kuwait Petroleum Corporation (Kuwait)
  • AkzoNobel (Netherlands)
  • Clariant (Switzerland)
  • Formosa Plastics Group (Taiwan)
  • Exxon Mobil Corp. (US)
  • Ineos Oxide (UK)
  • Ultrapar Participacoes Sa (Brazil)
  • LyondellBasell Industries (Netherlands)
  • Honam Petrochemical Corporation (South Korea)

Recent Developments

  • In March 2024, Dow Inc. announced its investment plan to grow ethylene derivatives capacity in the U.S., such as carbonate solvents, an essential raw material for lithium-ion batteries.
  • In January 2024, SABIC made the last investment decision for the SABIC Fujian Petrochemical Complex in China, which is a mixed-feed steam cracker anticipated to produce up to 1.8 million tons of ethylene yearly.

We have prepared a service to support you. please feel free to contact us at sales@precedenceresearch.com | +1 804 441 9344