Infinium Global Research has added a new report on Global Tri-ethylene Glycol (TEG) Market. The report predicts the market size of Tri-ethylene Glycol (TEG) is expected to reach XX billion by 2023.

Tri-ethylene glycol is a colorless, odorless, non-volatile and hygroscopic liquid. Ethylene glycol is prepared commercially by oxidation of ethylene at high temperature in the presence of silver oxide catalyst, followed by hydration of ethylene oxide to yield mono, di and tri-ethylene glycol as co-products. Tri-ethylene glycol finds use as vinyl plasticizer, as intermediate in the manufacture of polyester resins and polyols, and as a solvent in many miscellaneous applications. The main uses of tri-ethylene glycol depend upon its hygroscopic properties. Furthermore, air conditioning system uses tri-ethylene glycol as dehumidifiers and when volatilized as an air disinfectant for bacteria and virus control.

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Market Insights
The global Tri-ethylene Glycol market was sized over USD XX billion in 2015. The global Tri-ethylene Glycol market is projected to grow with a CAGR between 4.5% and 5.0% during 2017-2023 and reach USD XX billion by 2023. Growing natural gas production and increasing demand for plasticizers are considered to be the key factor driving the global tri-ethylene glycol market over the forecast period. Furthermore, increasing use of tri-ethylene glycol to produce variety of products for industrial and commercial use such as solvents, adhesives & coatings, lubricants, polyurethane foams, emulsifiers and thermoplastics are also driving the global tri-ethylene glycol market significantly. Moreover, growing use of tri-ethylene glycol due its hygroscopic nature in air conditioning systems and dehydration of natural gas will also drive the tri-ethylene glycol market globally over the forecast period. However, volatility in the prices of crude oil consider to be the primary raw material for the production of TEG and unfavorable regulations related to manufacture and application of TEG will restrain the growth of this market over the forecast period. Hence, increasing oil & gas exploration activities and rapid industrialization in emerging economies will bring more opportunities to the global tri-ethylene glycol market over the forecast period.

Segments Covered:
The report segments the Tri-ethylene Glycol market by application and by region. Market segmentation based on application includes natural gas dehydration, solvents, plasticizers, polyurethanes, humectants, polyester resins and others. Natural gas dehydration segment is likely to continue its dominance and is also expected to grow at the highest CAGR over the forecast period due to high consumption of TEG in natural gas dehydration from developed nations.

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Company Profiles
• SABIC
• Reliance Industries Ltd
• LyondellBasell
• Eastman Chemicals
• ExxonMobil
• The Dow Chemical Company
• Sinopec
• China Petroleum & Chemical Corporation
• Clariant
• INEOS Group Ltd
• Royal Dutch Shell
• BASF
• Huntsman Corporation
• Indorama Venture
• Formosa Plastics
Key topics covered:
1. Preface
2. Executive Summary
3. Global Tri-ethylene Glycol Market Overview
4. Global Tri-ethylene Glycol Market : IGR Snapshots
5. Global Tri-ethylene Glycol market by Application (USD Million, KT) 2017 – 2023
6. Global Tri-ethylene Glycol Market Analysis, by Region (USD Million, KT) 2017 – 2023
7. Company Profiles

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