디에틸렌글리콜(DEG) 시장 : 유형별, 용도별, 지역별 규모, 점유율, 성장, 산업 분석, 인사이트, 예측(2026-2034년)

Growth Factors of diethylene glycol (DEG) Market

The global diethylene glycol (DEG) market demonstrated stable expansion in 2025, with a recorded market size of USD 5.21 billion. According to the report year data, the market is projected to reach USD 5.40 billion in 2026 and further expand to USD 7.35 billion by 2034. This growth trajectory highlights the sustained industrial relevance of diethylene glycol across polyester resins, solvents, antifreeze formulations, and chemical intermediates. In 2025, Asia Pacific dominated the global market with a 74% market share, supported by strong industrial output and cost-efficient manufacturing ecosystems.

Diethylene glycol is a colorless, odorless, and hygroscopic organic compound that is fully miscible with water. Its versatility as a solvent, plasticizer, humectant, and chemical intermediate underpins its wide adoption. The compound plays a critical role in the production of unsaturated polyester resins, which are extensively used in construction materials, automotive components, marine composites, coatings, and adhesives. Beyond resins, DEG is also used in brake fluids, hydraulic systems, coolants, cosmetics, and lubricants, ensuring diversified and resilient demand across industries.

Diethylene Glycol Market Trends

A major trend shaping the market is the rising adoption of bio-based and sustainable raw materials. Bio-based diethylene glycol is produced from renewable sources such as sugarcane, corn, and biodiesel byproducts like glycerol. Countries such as Brazil and India, with abundant sugarcane availability, are witnessing increasingly competitive production economics for renewable DEG. Advancements in bio-ethanol conversion technologies have improved yield efficiency, making large-scale production more viable. Investments by companies such as Braskem and Sojitz in renewable ethylene glycol capacity support this shift. Environmental regulations, green certifications, and demand for low-emission chemicals are strengthening the long-term role of bio-based DEG.

Market Dynamics

Market Drivers

The critical role of unsaturated polyester resins remains the primary driver of the diethylene glycol market. These resins are essential in fiber-reinforced plastics used in construction, automotive, and marine sectors. Rapid infrastructure development and the growing preference for lightweight, durable, and cost-effective materials in Asia Pacific, particularly in China and India, continue to support DEG consumption. Expansion of thermosetting resin usage in automotive applications further reinforces DEG's importance within the global chemical value chain.

Market Restraints

Despite its industrial value, diethylene glycol's high toxicity poses a significant restraint. DEG exposure can lead to severe kidney damage, neurological disorders, and, in extreme cases, fatal poisoning. The absence of a specific antidote and difficulties in early detection have resulted in strict regulatory controls, especially for pharmaceutical and consumer applications. These safety concerns limit its use in sensitive sectors and create compliance challenges for manufacturers.

Market Opportunities

Rapid industrialization in emerging economies presents strong growth opportunities. Expanding infrastructure, urban housing, transportation, and manufacturing activities in China, India, and Southeast Asia are increasing demand for DEG-based resins, coatings, adhesives, and plasticizers. Government investments in energy, transport, and housing projects support higher consumption, while rising local manufacturing capabilities encourage long-term market expansion.

Market Challenges

Raw material price volatility, driven by fluctuations in ethylene oxide prices linked to crude oil markets, remains a key challenge. Sudden increases in feedstock costs impact production planning, profitability, and pricing stability. Although some manufacturers are diversifying suppliers or improving operational efficiency, price instability continues to affect market consistency.

Segmentation Analysis

By end-use, polyester resin synthesis holds the dominant share due to its extensive use in fiber composites for construction, automotive, and marine applications. The antifreeze blending segment also shows steady demand, supported by the global vehicle fleet expansion and stricter automotive performance standards that require efficient cooling and heat-transfer solutions.

Regional Outlook

Asia Pacific led the diethylene glycol market with a valuation of USD 3.87 billion in 2025 and USD 4.02 billion in 2026, driven by infrastructure growth, automotive production, and large-scale polyester manufacturing.

North America benefits from steady demand in automotive, construction, and advanced textile applications, supported by innovation and electric vehicle cooling requirements.

Europe maintains stable demand within regulated construction, packaging, and industrial sectors, aligned with sustainability standards.

Latin America experiences gradual growth linked to infrastructure modernization in countries such as Brazil and Mexico.

Middle East & Africa show emerging potential due to industrial diversification and expanding chemical manufacturing capacity.

Competitive Landscape

The market is characterized by moderate to high competition, led by integrated global producers such as Mitsubishi Chemical Group Corporation, SABIC, BASF, China Petrochemical Corporation (Sinopec), Reliance Industries Limited, and Shell. These companies focus on cost efficiency, high-purity grades, long-term contracts, and sustainable product development.

Conclusion

The diethylene glycol market shows consistent and structured growth from 2025 to 2034, supported by strong polyester resin demand, industrial expansion in Asia Pacific, and increasing applications across construction and automotive sectors. While toxicity concerns and raw material volatility present challenges, ongoing innovation, sustainability initiatives, and emerging market industrialization are expected to sustain the market's long-term relevance without altering the core demand fundamentals.

CAGR CAGR of 3.90% during 2026-2034

Segmentation By End-use

• Polyurethane Synthesis
• Polyester Resin Synthesis
• Solvent
• Antifreeze Blending
• Others

By Geography

• North America (By End-use and Country)
  • U.S. (End-use)
  • Canada (End-use)
• Europe (By End-use and Country)
  • Germany (End-use)
  • U.K. (End-use)
  • France (End-use)
  • Italy (End-use)
  • Spain (End-use)
  • Rest of Europe (End-use)
• Asia Pacific (By End-use and Country)
  • China (End-use)
  • India (End-use)
  • Japan (End-use)
  • South Korea (End-use)
  • Rest of Asia Pacific (End-use)
• Latin America (By End-use and Country)
  • Brazil (End-use)
  • Mexico (End-use)
  • Rest of Latin America (End-use)
• Middle East & Africa (By End-use and Country)
  • Saudi Arabia (End-use)
  • South Africa (End-use)
  • Rest of Middle East & Africa (End-use)

Table of Content

1. Introduction

• 1.1. Research Scope
• 1.2. Market Segmentation
• 1.3. Research Methodology
• 1.4. Definitions and Assumptions

2. Executive Summary

3. Market Dynamics

• 3.1. Market Drivers
• 3.2. Market Restraints
• 3.3. Market Opportunities

4. Key Insights

• 4.1. Key Emerging Trends
• 4.2. Key Developments: Mergers, Acquisition, Partnership, etc.
• 4.3. Insights on Sustainability
• 4.4. Latest Technological Advancement
• 4.5. Porters Five Forces Analysis
• 4.6. Tariff Impact Analysis

5. Global Diethylene Glycol Market Analysis, Insights and Forecast, 2021-2034

• 5.1. Key Findings / Summary
• 5.2. By End-use
  • 5.2.1. Polyurethane Synthesis
  • 5.2.2. Polyester Resin Synthesis
  • 5.2.3. Solvent
  • 5.2.4. Antifreeze Blending
  • 5.2.5. Others
• 5.3. By Region
  • 5.3.1. North America
  • 5.3.2. Europe
  • 5.3.3. Asia Pacific
  • 5.3.4. Latin America
  • 5.3.5. Middle East & Africa

6. North America Diethylene Glycol Market Analysis, Insights and Forecast, 2021-2034

• 6.1. Key Findings / Summary
• 6.2. By End-use
  • 6.2.1. Polyurethane Synthesis
  • 6.2.2. Polyester Resin Synthesis
  • 6.2.3. Solvent
  • 6.2.4. Antifreeze Blending
  • 6.2.5. Others
• 6.3. By Country
  • 6.3.1. U.S
    • 6.3.1.1. By End-use
      • 6.3.1.1.1. Polyurethane Synthesis
      • 6.3.1.1.2. Polyester Resin Synthesis
      • 6.3.1.1.3. Solvent
      • 6.3.1.1.4. Antifreeze Blending
      • 6.3.1.1.5. Others
  • 6.3.2. Canada
    • 6.3.2.1. By End-use
      • 6.3.2.1.1. Polyurethane Synthesis
      • 6.3.2.1.2. Polyester Resin Synthesis
      • 6.3.2.1.3. Solvent
      • 6.3.2.1.4. Antifreeze Blending
      • 6.3.2.1.5. Others

7. Europe Diethylene Glycol Market Analysis, Insights and Forecast, 2021-2034

• 7.1. Key Findings / Summary
• 7.2. By End-use
  • 7.2.1. Polyurethane Synthesis
  • 7.2.2. Polyester Resin Synthesis
  • 7.2.3. Solvent
  • 7.2.4. Antifreeze Blending
  • 7.2.5. Others
• 7.3. By Country
  • 7.3.1. Germany
    • 7.3.1.1. By End-use
      • 7.3.1.1.1. Polyurethane Synthesis
      • 7.3.1.1.2. Polyester Resin Synthesis
      • 7.3.1.1.3. Solvent
      • 7.3.1.1.4. Antifreeze Blending
      • 7.3.1.1.5. Others
  • 7.3.2. U.K.
    • 7.3.2.1. By End-use
      • 7.3.2.1.1. Polyurethane Synthesis
      • 7.3.2.1.2. Polyester Resin Synthesis
      • 7.3.2.1.3. Solvent
      • 7.3.2.1.4. Antifreeze Blending
      • 7.3.2.1.5. Others
  • 7.3.3. France
    • 7.3.3.1. By End-use
      • 7.3.3.1.1. Polyurethane Synthesis
      • 7.3.3.1.2. Polyester Resin Synthesis
      • 7.3.3.1.3. Solvent
      • 7.3.3.1.4. Antifreeze Blending
      • 7.3.3.1.5. Others
  • 7.3.4. Italy
    • 7.3.4.1. By End-use
      • 7.3.4.1.1. Polyurethane Synthesis
      • 7.3.4.1.2. Polyester Resin Synthesis
      • 7.3.4.1.3. Solvent
      • 7.3.4.1.4. Antifreeze Blending
      • 7.3.4.1.5. Others
  • 7.3.5. Spain
    • 7.3.5.1. By End-use
      • 7.3.5.1.1. Polyurethane Synthesis
      • 7.3.5.1.2. Polyester Resin Synthesis
      • 7.3.5.1.3. Solvent
      • 7.3.5.1.4. Antifreeze Blending
      • 7.3.5.1.5. Others
  • 7.3.6. Rest of Europe
    • 7.3.6.1. By End-use
      • 7.3.6.1.1. Polyurethane Synthesis
      • 7.3.6.1.2. Polyester Resin Synthesis
      • 7.3.6.1.3. Solvent
      • 7.3.6.1.4. Antifreeze Blending
      • 7.3.6.1.5. Others

8. Asia-Pacific Diethylene Glycol Market Analysis, Insights and Forecast, 2021-2034

• 8.1. Key Findings / Summary
• 8.2. By End-use
  • 8.2.1. Polyurethane Synthesis
  • 8.2.2. Polyester Resin Synthesis
  • 8.2.3. Solvent
  • 8.2.4. Antifreeze Blending
  • 8.2.5. Others
• 8.3. By Country
  • 8.3.1. China
    • 8.3.1.1. By End-use
      • 8.3.1.1.1. Polyurethane Synthesis
      • 8.3.1.1.2. Polyester Resin Synthesis
      • 8.3.1.1.3. Solvent
      • 8.3.1.1.4. Antifreeze Blending
      • 8.3.1.1.5. Others
  • 8.3.2. India
    • 8.3.2.1. By End-use
      • 8.3.2.1.1. Polyurethane Synthesis
      • 8.3.2.1.2. Polyester Resin Synthesis
      • 8.3.2.1.3. Solvent
      • 8.3.2.1.4. Antifreeze Blending
      • 8.3.2.1.5. Others
  • 8.3.3. Japan
    • 8.3.3.1. By End-use
      • 8.3.3.1.1. Polyurethane Synthesis
      • 8.3.3.1.2. Polyester Resin Synthesis
      • 8.3.3.1.3. Solvent
      • 8.3.3.1.4. Antifreeze Blending
      • 8.3.3.1.5. Others
  • 8.3.4. South Korea
    • 8.3.4.1. By End-use
      • 8.3.4.1.1. Polyurethane Synthesis
      • 8.3.4.1.2. Polyester Resin Synthesis
      • 8.3.4.1.3. Solvent
      • 8.3.4.1.4. Antifreeze Blending
      • 8.3.4.1.5. Others
  • 8.3.5. Rest of Asia Pacific
    • 8.3.5.1. By End-use
      • 8.3.5.1.1. Polyurethane Synthesis
      • 8.3.5.1.2. Polyester Resin Synthesis
      • 8.3.5.1.3. Solvent
      • 8.3.5.1.4. Antifreeze Blending
      • 8.3.5.1.5. Others
      • 8.3.5.1.6. Others

9. Latin America Diethylene Glycol Market Analysis, Insights and Forecast, 2021-2034

• 9.1. Key Findings / Summary
• 9.2. By End-use
  • 9.2.1. Polyurethane Synthesis
  • 9.2.2. Polyester Resin Synthesis
  • 9.2.3. Solvent
  • 9.2.4. Antifreeze Blending
  • 9.2.5. Others
• 9.3. By Country
  • 9.3.1. Brazil
    • 9.3.1.1. By End-use
      • 9.3.1.1.1. Polyurethane Synthesis
      • 9.3.1.1.2. Polyester Resin Synthesis
      • 9.3.1.1.3. Solvent
      • 9.3.1.1.4. Antifreeze Blending
      • 9.3.1.1.5. Others
  • 9.3.2. Mexico
    • 9.3.2.1. By End-use
      • 9.3.2.1.1. Polyurethane Synthesis
      • 9.3.2.1.2. Polyester Resin Synthesis
      • 9.3.2.1.3. Solvent
      • 9.3.2.1.4. Antifreeze Blending
      • 9.3.2.1.5. Others
  • 9.3.3. Rest of Latin America
    • 9.3.3.1. By End-use
      • 9.3.3.1.1. Polyurethane Synthesis
      • 9.3.3.1.2. Polyester Resin Synthesis
      • 9.3.3.1.3. Solvent
      • 9.3.3.1.4. Antifreeze Blending
      • 9.3.3.1.5. Others

10. Middle East & Africa Diethylene Glycol Market Analysis, Insights and Forecast, 2021-2034

• 10.1. Key Findings / Summary
• 10.2. By End-use
  • 10.2.1. Polyurethane Synthesis
  • 10.2.2. Polyester Resin Synthesis
  • 10.2.3. Solvent
  • 10.2.4. Antifreeze Blending
  • 10.2.5. Others
• 10.3. By Country
  • 10.3.1. Saudi Arabia
    • 10.3.1.1. By End-use
      • 10.3.1.1.1. Polyurethane Synthesis
      • 10.3.1.1.2. Polyester Resin Synthesis
      • 10.3.1.1.3. Solvent
      • 10.3.1.1.4. Antifreeze Blending
      • 10.3.1.1.5. Others
  • 10.3.2. South Africa
    • 10.3.2.1. By End-use
      • 10.3.2.1.1. Polyurethane Synthesis
      • 10.3.2.1.2. Polyester Resin Synthesis
      • 10.3.2.1.3. Solvent
      • 10.3.2.1.4. Antifreeze Blending
      • 10.3.2.1.5. Others
  • 10.3.3. Rest of Middle East & Africa
    • 10.3.3.1. By End-use
      • 10.3.3.1.1. Polyurethane Synthesis
      • 10.3.3.1.2. Polyester Resin Synthesis
      • 10.3.3.1.3. Solvent
      • 10.3.3.1.4. Antifreeze Blending
      • 10.3.3.1.5. Others

11. Competitive Landscape

• 11.1. Company Market Share/Ranking Analysis, By Key Players, 2025
• 11.2. Company Profile
  • 11.2.1. Mitsubishi Chemical Group Corporation
    • 11.2.1.1. Overview
    • 11.2.1.2. Description
    • 11.2.1.3. Product Portfolio
    • 11.2.1.4. Financials (As per Availability)
    • 11.2.1.5. Recent Developments
  • 11.2.2. Reliance Industries Limited
    • 11.2.2.1. Overview
    • 11.2.2.2. Description
    • 11.2.2.3. Product Portfolio
      • 11.2.2.3.1. Financials (As per Availability)
    • 11.2.2.4. Recent Developments
  • 11.2.3. Shell
    • 11.2.3.1. Overview
    • 11.2.3.2. Description
    • 11.2.3.3. Product Portfolio
    • 11.2.3.4. Financials (As per Availability)
    • 11.2.3.5. Recent Developments
  • 11.2.4. SABIC
    • 11.2.4.1. Overview
    • 11.2.4.2. Description
    • 11.2.4.3. Product Portfolio
    • 11.2.4.4. Financials (As per Availability)
    • 11.2.4.5. Recent Developments
  • 11.2.5. NIPPON SHOKUBAI CO., LTD.
    • 11.2.5.1. Overview
    • 11.2.5.2. Description
    • 11.2.5.3. Product Portfolio
    • 11.2.5.4. Financials (As per Availability)
    • 11.2.5.5. Recent Developments
  • 11.2.6. BASF
    • 11.2.6.1. Overview
    • 11.2.6.2. Description
    • 11.2.6.3. Product Portfolio
    • 11.2.6.4. Financials (As per Availability)
    • 11.2.6.5. Recent Developments
  • 11.2.7. China Petrochemical Corporation
    • 11.2.7.1. Overview
    • 11.2.7.2. Description
    • 11.2.7.3. Product Portfolio
    • 11.2.7.4. Financials (As per Availability)
    • 11.2.7.5. Recent Developments
  • 11.2.8. PETRONAS
    • 11.2.8.1. Overview
    • 11.2.8.2. Description
    • 11.2.8.3. Product Portfolio
    • 11.2.8.4. Financials (As per Availability)
    • 11.2.8.5. Recent Developments
  • 11.2.9. MEGlobal
    • 11.2.9.1. Overview
    • 11.2.9.2. Description
    • 11.2.9.3. Product Portfolio
    • 11.2.9.4. Financials (As per Availability)
    • 11.2.9.5. Recent Developments
  • 11.2.10. Junsei Chemical Co.,Ltd.
    • 11.2.10.1. Overview
    • 11.2.10.2. Description
    • 11.2.10.3. Product Portfolio
    • 11.2.10.4. Financials (As per Availability)
    • 11.2.10.5. Recent Developments

12. Strategic Recommendations