Glycol Market Size By Key Players, Deployment Type, Applications, Vertical, and Region Forecast 2022-2031

The glycol market is expected to register at a CAGR of over 4% during the forecast period. Major factors driving the market studied are increasing demand for polyester films, PU adhesives, and PET bottles from the packaging industry and increasing demand for propylene glycol from the food & beverage industry. On the flip side, the toxic nature of ethylene glycol and unfavorable conditions arising due to the COVID-19 outbreak is hindering the growth of the market.

– The packaging industry is expected to dominate the global glycol market over the forecast period.
– Asia-Pacific region represents the largest market and is also expected to be the fastest-growing market over the forecast period owing to the increasing consumption from countries, such as China, India, and Japan.

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Key Market Trends

Packaging Industry to Dominate the Market


– The packaging industry is one of the largest sectors in the global economy and is one of the fastest-growing sectors. The industry is anticipated to register a CAGR of more than 7% during the forecast period.
– Polyester films, made from ethylene glycol, are used in many types of packaging applications, ranging from food and drugs to industrial and consumer goods. Thus, growth in the packaging industry would ensure continuous demand for glycols.
– PET (polyethylene terephthalate) plastic bottles and containers, produced by the polymerization of ethylene glycol and terephthalic acid, are among the most popular consumer pack types in the global consumer packaging market. The market is expected to register a CAGR of more than 8% during the forecast period.
– Hence, the packaging industry is expected to be the fastest-growing market over the forecast period.

Glycol Market
Coupling Agent Market
Alpha Olefins Market
Microcrystalline Cellulose Market
Elastomeric Membrane Market
Hydroxypropyl Cellulose Market
Adiponitrile Market
High-temperature Thermoplastic Market
Polyurea Market
Fatty Alcohol Market

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