Glycol is a colorless liquid derived from petrochemicals. It is sweet in taste. It is used as an anti-freeze agent mainly in automobile cooling systems. It is a water-miscible coolant used in various heat transfer and cooling applications also. Glycol is used in various applications such as HVAC systems, automobiles, polyester fiber and resins, textile, airlines, and others.
Technavio’s analysts forecast the global glycol market to grow at a CAGR of 6.48% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global glycol market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Glycol market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Akzo Nobel • BASF • SABIC • Shell • The Dow Chemical Company
Other prominent vendors • DuPont • HaiKe Chemical Group • Huntsman International • India Glycols Limited • INEOS • ME Global • Repsol • Reliance Industries
Market driver • Growing consumption in automobiles • For a full, detailed list, view our report
Market challenge • Volatile petrochemical prices • For a full, detailed list, view our report
Market trend • Trend of bio-based glycols • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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