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Mordor Intelligence has published a new report on the\u00a0Ethylene Glycol\u00a0Market, offering a comprehensive analysis of trends, growth drivers, and future projections.<\/p>\n
Ethylene Glycol Market Overview<\/strong><\/p>\n The global\u00a0ethylene glycol market<\/a>\u00a0is on a steady growth path, with the market size estimated at 41.34 million tons in 2025 and projected to reach 53.83 million tons by 2030. The market is experiencing a compound annual growth rate (CAGR) of approximately 5.42% during the forecast period.\u00a0Ethylene glycol is essential for polyester fibers, PET resins, and antifreeze, with demand rising in automotive, textiles, and plastics. Producers are investing in bio-based routes and large-scale facilities to boost supply flexibility and sustainability.<\/p>\n Ethylene Glycol Market<\/strong> Trends & Developments<\/strong><\/p>\n Surging PET Bottle Demand in Emerging Economies<\/strong><\/p>\n Urban population growth and rising disposable incomes in countries such as India, Indonesia, Nigeria, and Vietnam are fueling the production of PET bottles. Localized bottling hubs\u00a0are reducing\u00a0logistics\u00a0costs and\u00a0encouraging\u00a0on-site inventory of\u00a0monoethylene\u00a0glycol (MEG).<\/p>\n Electrification and Advanced Coolants for EVs<\/strong><\/p>\n The shift toward electric mobility is creating\u00a0additional\u00a0demand for ethylene-glycol-based coolants. EV battery systems require precise thermal management to\u00a0maintain\u00a0optimal\u00a0performance, and liquid coolants outperform air-cooling alternatives in efficiency and heat transfer. Automotive manufacturers are increasingly designing redundant coolant loops, which significantly increases per-vehicle ethylene glycol requirements compared with traditional combustion engines.<\/p>\n Capacity Expansions by Mega-Crackers in Asia<\/strong><\/p>\n Asia\u2019s mega-cracker projects, including major facilities in China and Vietnam, are reshaping global ethylene glycol supply dynamics. These projects integrate ethane and naphtha feedstocks, enabling large-scale MEG production at lower costs. While short-term margin pressures may occur due to increased supply, integrated complexes with downstream PTA and polyester production will gain long-term cost advantages and reinforce their position in the ethylene glycol market.<\/p>\n Ethylene Glycol Applications and Processes<\/strong>\u00a0Market<\/strong>\u00a0Division<\/strong><\/p>\n By Product Type:<\/strong><\/p>\n By Manufacturing Process:<\/strong><\/p>\n By Application:<\/strong><\/p>\n By End-user Industry:<\/strong><\/p>\n By Geography:<\/strong><\/p>\n Explore Our Full Library of\u00a0Chemicals & Materials\u00a0Research Reports \u2013 \u00a0<\/strong>https:\/\/www.mordorintelligence.com\/market-analysis\/chemicals-materials?utm_source=emailwire<\/strong><\/a>\u00a0<\/strong><\/p>\n Top Companies\u00a0in the Ethylene Glycol Industry<\/strong><\/p>\n Conclusion<\/strong><\/p>\n The\u00a0Ethylene Glycol Market\u00a0outlook\u00a0remains\u00a0strong, driven by rising polyester fiber and PET packaging demand, growing EV coolant use, and adoption of bio-based production. Asia-Pacific will continue leading, while North America and Europe focus on bio-MEG and circular economy initiatives. With both conventional and renewable production routes, the industry is well-positioned to balance cost, compliance, and sustainability, supporting steady long-term market growth.<\/p>\n Industry Related Reports<\/strong><\/p>\n The\u00a0Monoethylene\u00a0Glycol Market<\/a> was valued at 36.52 million tons in 2025 and is projected to grow from 38.41 million tons in 2026 to 49.42 million tons by 2031, registering a CAGR of 5.17% during 2026\u20132031. Growth is driven by rising polyester fiber and PET resin demand from textile, packaging, and beverage industries, along with expanding manufacturing capacity in Asia-Pacific.<\/p>\n The Ethylene Glycol Diacetate Market<\/a> is estimated at 66.67 kilotons in 2025 and is expected to reach 82.28 kilotons by 2030, at a CAGR of 4.30% during 2025\u20132030. Increasing use of EGDA as a solvent and plasticizer in coatings, inks, and specialty chemical formulations, coupled with industrial coatings growth, is supporting steady market expansion.<\/p>\n The Glycol Market<\/a> size is estimated at 48.73 million tons in 2025 and is forecast to reach 64.29 million tons by 2030, growing at a CAGR of 5.7% during 2025\u20132030. Demand is fueled by applications in antifreeze and coolants, PET production, and chemical intermediates, alongside increasing automotive production and packaging consumption worldwide.<\/p>\n About Mordor Intelligence:<\/strong><\/p>\n Mordor Intelligence is a trusted partner for businesses\u00a0seeking\u00a0comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.<\/p>\n With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence\u00a0possesses\u00a0a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.<\/p>\n For any inquiries or to access the full report, please contact:<\/strong><\/p>\n media@mordorintelligence.com<\/a>\n
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