트리에틸렌글리콜 시장 : 순도, 제품 유형, 용도, 최종사용자 산업별 - 세계 예측(2025-2030년)

The Tri-ethylene Glycol Market was valued at USD 761.89 million in 2023, expected to reach USD 805.40 million in 2024, and is projected to grow at a CAGR of 5.80%, to USD 1,130.93 million by 2030.

Tri-ethylene glycol (TEG) is a chemical compound extensively utilized in various industrial applications due to its properties as a solvent, humectant, and plasticizer. It primarily finds applications in the natural gas dehydration process, serving as a crucial element in removing water vapor from gas streams to prevent pipeline corrosion. This necessity is driven by stringent environmental regulations and the rising demand for efficient and safer gas pipeline systems. Beyond this, TEG is employed in manufacturing products like brake fluids, air conditioning fluids, and as an intermediate in the production of polymers. The end-use industries span across oil & gas, automotive, textile, and industrial manufacturing sectors, with a significant share in the oil & gas segment due to its dehydration properties. Market growth is influenced by factors such as increasing energy demand, technological advancements in natural gas production, and the expanding automotive and HVAC sectors. Latest opportunities lie in the development of bio-based TEG, driven by the trend towards eco-friendly products and sustainability concerns faced by traditional petrochemical-based TEG. However, the market faces challenges such as volatility in crude oil prices, which affects raw material costs, and stringent environmental regulations concerning the production and disposal of TEG. Innovation areas to explore include advancements in production technology to enhance efficiency and decrease environmental impact, alongside improving TEG's utility in emerging applications like renewable energy platforms. The market is inherently competitive and dynamic, with major players investing in research and development to maintain a competitive edge and expand their market reach. Research into alternative and renewable raw materials for TEG synthesis could offer promising new pathways to bolster market growth while aligning with global sustainability goals.

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Tri-ethylene Glycol Market

The Tri-ethylene Glycol Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

• Market Drivers
  • Increasing application of triethylene glycol as a solvent
  • Growing demand for hydraulic and brake fluids
• Market Restraints
  • Flucatiating ethylene prices
• Market Opportunities
  • Growing demand for plasticizers
  • Increasing demand in chemical and automotive industry
• Market Challenges
  • Stringent regulation associated for manufactures

Porter's Five Forces: A Strategic Tool for Navigating the Tri-ethylene Glycol Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Tri-ethylene Glycol Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Tri-ethylene Glycol Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Tri-ethylene Glycol Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Tri-ethylene Glycol Market

A detailed market share analysis in the Tri-ethylene Glycol Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Tri-ethylene Glycol Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Tri-ethylene Glycol Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Tri-ethylene Glycol Market

A strategic analysis of the Tri-ethylene Glycol Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

Key Company Profiles

The report delves into recent significant developments in the Tri-ethylene Glycol Market, highlighting leading vendors and their innovative profiles. These include Akzo Nobel N.V., Ashland Inc., BASF SE, Brenntag SE, China Petrochemical Corporation, Clariant AG, Eastman Chemical Company, Exxon Mobil Corporation, Formosa Plastics Corporation, HELM AG, Huntsman International LLC, India Glycols Limited, Indian Oil Corporation Ltd., Indorama Ventures Public Company Limited, and INEOS AG.

Market Segmentation & Coverage

This research report categorizes the Tri-ethylene Glycol Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Based on Purity, market is studied across Purity 98.2%, Purity 98.5%, and Purity 99.9%.
• Based on Product Type, market is studied across High Purity Grade tri-ethylene Glycol and Regular Grade tri-ethylene Glycol.
• Based on Application, market is studied across Humectants, Natural Gas Dehydration, Polyester Resins, Polyurethanes, and Solvents.
• Based on End-user Industry, market is studied across Agrochemicals, Automotive, Detergents, Food & Beverage, Personal Care, Pharmaceuticals, and Textile.
• Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

Table of Contents

1. Preface

• 1.1. Objectives of the Study
• 1.2. Market Segmentation & Coverage
• 1.3. Years Considered for the Study
• 1.4. Currency & Pricing
• 1.5. Language
• 1.6. Stakeholders

2. Research Methodology

• 2.1. Define: Research Objective
• 2.2. Determine: Research Design
• 2.3. Prepare: Research Instrument
• 2.4. Collect: Data Source
• 2.5. Analyze: Data Interpretation
• 2.6. Formulate: Data Verification
• 2.7. Publish: Research Report
• 2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

• 5.1. Market Dynamics
  • 5.1.1. Drivers
    • 5.1.1.1. Increasing application of triethylene glycol as a solvent
    • 5.1.1.2. Growing demand for hydraulic and brake fluids
  • 5.1.2. Restraints
    • 5.1.2.1. Flucatiating ethylene prices
  • 5.1.3. Opportunities
    • 5.1.3.1. Growing demand for plasticizers
    • 5.1.3.2. Increasing demand in chemical and automotive industry
  • 5.1.4. Challenges
    • 5.1.4.1. Stringent regulation associated for manufactures
• 5.2. Market Segmentation Analysis
• 5.3. Porter's Five Forces Analysis
  • 5.3.1. Threat of New Entrants
  • 5.3.2. Threat of Substitutes
  • 5.3.3. Bargaining Power of Customers
  • 5.3.4. Bargaining Power of Suppliers
  • 5.3.5. Industry Rivalry
• 5.4. PESTLE Analysis
  • 5.4.1. Political
  • 5.4.2. Economic
  • 5.4.3. Social
  • 5.4.4. Technological
  • 5.4.5. Legal
  • 5.4.6. Environmental

6. Tri-ethylene Glycol Market, by Purity

• 6.1. Introduction
• 6.2. Purity 98.2%
• 6.3. Purity 98.5%
• 6.4. Purity 99.9%

7. Tri-ethylene Glycol Market, by Product Type

• 7.1. Introduction
• 7.2. High Purity Grade tri-ethylene Glycol
• 7.3. Regular Grade tri-ethylene Glycol

8. Tri-ethylene Glycol Market, by Application

• 8.1. Introduction
• 8.2. Humectants
• 8.3. Natural Gas Dehydration
• 8.4. Polyester Resins
• 8.5. Polyurethanes
• 8.6. Solvents

9. Tri-ethylene Glycol Market, by End-user Industry

• 9.1. Introduction
• 9.2. Agrochemicals
• 9.3. Automotive
• 9.4. Detergents
• 9.5. Food & Beverage
• 9.6. Personal Care
• 9.7. Pharmaceuticals
• 9.8. Textile

10. Americas Tri-ethylene Glycol Market

• 10.1. Introduction
• 10.2. Argentina
• 10.3. Brazil
• 10.4. Canada
• 10.5. Mexico
• 10.6. United States

11. Asia-Pacific Tri-ethylene Glycol Market

• 11.1. Introduction
• 11.2. Australia
• 11.3. China
• 11.4. India
• 11.5. Indonesia
• 11.6. Japan
• 11.7. Malaysia
• 11.8. Philippines
• 11.9. Singapore
• 11.10. South Korea
• 11.11. Taiwan
• 11.12. Thailand
• 11.13. Vietnam

12. Europe, Middle East & Africa Tri-ethylene Glycol Market

• 12.1. Introduction
• 12.2. Denmark
• 12.3. Egypt
• 12.4. Finland
• 12.5. France
• 12.6. Germany
• 12.7. Israel
• 12.8. Italy
• 12.9. Netherlands
• 12.10. Nigeria
• 12.11. Norway
• 12.12. Poland
• 12.13. Qatar
• 12.14. Russia
• 12.15. Saudi Arabia
• 12.16. South Africa
• 12.17. Spain
• 12.18. Sweden
• 12.19. Switzerland
• 12.20. Turkey
• 12.21. United Arab Emirates
• 12.22. United Kingdom

13. Competitive Landscape

• 13.1. Market Share Analysis, 2023
• 13.2. FPNV Positioning Matrix, 2023
• 13.3. Competitive Scenario Analysis
• 13.4. Strategy Analysis & Recommendation

Companies Mentioned

• 1. Akzo Nobel N.V.
• 2. Ashland Inc.
• 3. BASF SE
• 4. Brenntag SE
• 5. China Petrochemical Corporation
• 6. Clariant AG
• 7. Eastman Chemical Company
• 8. Exxon Mobil Corporation
• 9. Formosa Plastics Corporation
• 10. HELM AG
• 11. Huntsman International LLC
• 12. India Glycols Limited
• 13. Indian Oil Corporation Ltd.
• 14. Indorama Ventures Public Company Limited
• 15. INEOS AG