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The report on Tri-ethylene Glycol Market by application(natural gas dehydration, solvents, plasticizers, polyurethanes, humectants, polyester resins) trends analysis and forecasts up to 2023

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the report on tri ethylene glycol market

The report on Tri-ethylene Glycol Market by application(natural gas dehydration, solvents,

plasticizers, polyurethanes, humectants, polyester resins) trends analysis and forecasts up to 2023

studies the market sizes, key trends and opportunities in the main geographies such as North

America, Europe, Asia-Pacific, Rest of the World. According to the report the Global Tri-ethylene

Glycol Market is projected to grow with a CAGR between 4.5% and 5.0% in terms of value over the

period of 2017-2023. The growth in the world market is primarily driven by significant contribution

by North America (Leading region) region to this market.

Browse Research Report:

https://www.infiniumglobalresearch.com/chemical_material/global_tri_ethylene_glycol_market

Market Insights

The global tri-ethylene glycol market was sized over USD XX billion in 2015. The global tri-ethylene

glycol market is projected to grow with a CAGR between 4.5% and 5.0% during 2017-2023 and

reach USD XX billion by 2023. Growing natural gas production and increasing demand for

plasticizers are considered to be the key factor driving the global tri-ethylene glycol market over

the forecast period. Furthermore, increasing use of tri-ethylene glycol to produce variety of

products for industrial and commercial use such as solvents, adhesives & coatings, lubricants,

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polyurethane foams emulsifiers and thermoplastics

polyurethane foams, emulsifiers and thermoplastics are also driving the global tri-ethylene glycol

market significantly. Moreover, growing use of tri-ethylene glycol due its hygroscopic nature in air

conditioning systems and dehydration of natural gas will also drive the tri-ethylene glycol market

globally over the forecast period. However, volatility in the prices of crude oil consider to be the

primary raw material for the production of TEG and unfavorable regulations related to

manufacture and application of TEG will restrain the growth of this market over the forecast

period. Hence, increasing oil & gas exploration activities and rapid industrialization in emerging

economies will bring more opportunities to the global tri-ethylene glycol market over the forecast

period.

Get Sample Copy of this Report:

https://www.infiniumglobalresearch.com/Reports/MakeSampleRequest/763

Segments Covered:

The report segments the tri-ethylene glycol market by application and by region. Market

segmentation based on application includes natural gas dehydration, solvents, plasticizers,

polyurethanes, humectants, polyester resins and others. Natural gas dehydration segment is likely

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to continue its dominance and is also expected

to continue its dominance and is also expected to grow at the highest CAGR over the forecast

period due to high consumption of TEG in natural gas dehydration from developed nations.

Geographic Coverage and Analysis:

The report provides regional analysis covering geographies such as North America, Europe, Asia-

Pacific, Latin America and Rest of the World. In this section the key trends and market size for each

geography is provided over the period of 2017 – 2023.

Asia Pacific is accounted to be the largest market owing more than 50 % of global TEG volume

share in 2015 and it is expected to grow at a highest CAGR rate due to growing chemical industry as

well as automotive industry especially in India and China. Furthermore, increasing use of gas and

high technical recoverable shale gas deposits in India, China, South Korea and Japan with favorable

government regulations will bring more opportunities for the global tri-ethylene glycol market in

Asia Pacific region. Moreover, North America is the second largest market region due to increasing

natural gas production coupled with growing trend for natural gas based power plants.

Furthermore, in RoW region Middle East such as Saudi Arabia, Qatar, and Iran are also anticipated

to grow at a strong CAGR rate due to presence of immense natural gas reserves in these countries.

In addition, owing to abundance feedstock and easy accessibility to end use industries are also

favoring the growth of TEG market in this region over the forecast period.

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get 15 discount for early purchase of global

“Get 15% discount for early purchase of Global Tri-ethylene Glycol Market report by clicking the

following link, Use code IGRD15 to request the discount in the given form”

https://www.infiniumglobalresearch.com/Reports/requestdiscount/763

Companies Profiled:

The companies covered in the report include SABIC, Reliance Industries Ltd, LyondellBasell,

Eastman Chemicals, ExxonMobil, The Dow Chemical Company, Sinopec, China Petroleum &

Chemical Corporation, Clariant, INEOS Group Ltd, Royal Dutch Shell, BASF, Huntsman Corporation,

Indorama Venture and Formosa Plastics.

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro

indicators. In addition, this report provides insights on the factors that are driving and restraining

the demand of Tri-ethylene Glycol globally as well as regionally. Moreover, IGR-Growth Matrix

analysis given in the report brings an insight on the investment areas that existing or new market

players can consider. The report provides insights into the market using analytical tools such as

Porter’s five forces analysis and value chain analysis of tri-ethylene glycol.

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moreover the study highlights current market

Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We

also have highlighted future trends in the tri-ethylene glycol market that will impact the demand

during the forecast period. Moreover, the competitive analysis given in each regional market brings

an insight on the market share of the leading players. Additionally, the analysis highlights rise and

fall in the market shares of the key players in the market. This report will help manufacturers,

suppliers and distributors of the tri-ethylene glycol market to understand the present and future

trends in this market and formulate their strategies accordingly.

About Us

Infinium Global Research and Consulting Solutions is started with a single motto of being business

partner of first choice. We at Infinium work on the strengths of our clients to ensure we help them

consolidate their market position. We firmly believe in the fact that ‘if you are able to develop

newer opportunities then you find there is no dearth of opportunities for you. With our strategic

research approaches and deep dive in the market segments, we try to find out new opportunities

that our clients can encash with their existing resources. Our experts with over 100 years of

cumulative experience in research offer the best in the industry services to our clients to ensure

that they achieve their business goals.

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contact us

Contact Us

Infinium Global Research,

Toll Free:

U.S. + Canada: 1-800-638-0796,

UK: +44-2033182010

Website: https://www.infiniumglobalresearch.com

Email: sales@infiniumglobalresearch.com

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