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Triethylene Glycol (TEG) Market

  • 4100.00 Dollar US$
  • Published date: August 21, 2020
    • Pune, Maharashtra, India [ Ads Views - 3 ]

Triethylene Glycol (TEG) Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2027, at a 4.7% CAGR during a forecast period. Tri-ethylene glycol is a non-volatile, odorless, colorless, and hygroscopic liquid. Ethylene glycol is synthesized by oxidation of ethylene at high temperature in the existence of silver oxide as catalyst, after the formation of ethylene oxide, then it hydrated and produces mono, di and tri-ethylene glycol. Tri-ethylene glycol is used form manufacturing of vinyl plasticizer, as intermediate in the manufacture of polyols and polyester resins, and as a solvent in various End User Industry’s. Furthermore, Triethylene glycol is also used for moisture elimination in air conditioning systems End User Industry’s. The key role of Triethylene glycol in the petroleum industry makes it an essential Application to assess, with regard to its market at a global level. The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis. The scope of the report includes a comprehensive study of global as well as regional markets for Triethylene Glycol (TEG) with the rationales given for variants in the growth of the industry in certain regions.

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