Glycols Market Size, Share, Trends, Industry Analysis Report: By Product, Application, End-Use Industry, and Region

Description

List of Tables

The global glycols market size is expected to reach USD 89.80 billion by 2034, according to a new study by Polaris Market Research. The report "Glycols Market Size, Share, Trends, Industry Analysis Report: By Product (Propylene Glycol and Ethylene Glycol), Application, End-Use Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

Glycol is a viscous, colorless, and odorless organic chemical compound. It is widely used in antifreeze solutions, cosmetics, printing inks, de-icing agents, textiles, and brake fluids. Ethylene glycol, propylene glycol, dipropylene glycol, and triethylene glycol are some commonly used glycol types.

The expanding packaging industry, fueled by changing consumer tastes and the swift rise in e-commerce, is propelling the growth of the glycols market. Glycols such as ethylene glycol and polyethylene glycol are important in packaging, functioning as humectants, solvents, or coatings. Furthermore, the increasing need for propylene glycol in the cosmetics, pharmaceuticals, and food & beverage industries is aiding the growth of the glycols market expansion.

As it is a non-toxic solvent, propylene glycol finds extensive use in pharmaceutical, food and beverage, and personal care goods. The development of the glycol market is progressing because of its wide application in numerous end-use sectors, such as aircraft de-icing, construction (HVAC systems, insulation), and packaging (PET resins). Rising demand from sectors like textiles, packaging, and growing polyester fiber production, along with the need for sustainable solutions, is generating numerous opportunities in the glycol market.

Key Highlights of Glycols Market Report

Based on product, the ethylene glycol segment dominated the glycols market in 2024. This is attributed to the expanding automobile industry and the rising demand for dependable and effective engine cooling solutions.

Based on application, the automotive segment dominated the market in 2024. The expansion of the global automotive industry has led to increased demand for glycols in engine systems.

North America dominated the global market in 2024 due to the high demand for glycols from the growing automotive and industrial sectors in the region.

The Asia Pacific glycols market is projected to witness the fastest growth during the forecast period, driven by rising construction activities and increased emphasis on sophisticated industrial processes in the region.

A few of the major market players are Royal Dutch Shell plc, ExxonMobil Corporation, Dow Dupont, Saudi Basic Industries Corporation (SABIC), LyondellBasell Industries, Total S.A., and China Petroleum & Chemical Corporation.

Polaris Market Research has segmented the glycols market report on the basis of product, application, end-use industry, and region:

By Product Outlook (Revenue - USD Billion, 2020-2034)

Propylene Glycol
Ethylene Glycol

By Application Outlook (Revenue - USD Billion, 2020-2034)

HVAC
Airlines
Pipeline Maintenance
Automotive
Textiles
Medical
Polyester Fibers & Resins
Others

By End-Use Industry Outlook (Revenue - USD Billion, 2020-2034)

Packaging
Cosmetics
Textiles
Automotive & Transportation
Food & Beverage
Pharmaceuticals
Others

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1539

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Glycols Market Insights

4.1. Glycols Market - Market Snapshot
4.2. Glycols Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Rising Demand for Polyurethane (PU) and Polyester Films
  - 4.2.1.2. Growing Use in Automotive Applications
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. Health Concerns Related to Use of Glycols
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry Among Existing Firms (High)
4.4. PESTEL Analysis
4.5. Glycols Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Glycols Market, by Product

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Glycols Market, by Product, 2020-2034 (USD Billion)
5.3. Propylene Glycol
- 5.3.1. Global Glycols Market, by Propylene Glycol, by Region, 2020-2034 (USD Billion)
5.4. Ethylene Glycol
- 5.4.1. Global Glycols Market, by Ethylene Glycol, by Region, 2020-2034 (USD Billion)

6. Global Glycols Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Glycols Market, by Application, 2020-2034 (USD Billion)
6.3. HVAC
- 6.3.1. Global Glycols Market, by HVAC, by Region, 2020-2034 (USD Billion)
6.4. Airplanes
- 6.4.1. Global Glycols Market, by Airplanes, by Region, 2020-2034 (USD Billion)
6.5. Pipeline Maintenance
- 6.5.1. Global Glycols Market, by Pipeline Maintenance, by Region, 2020-2034 (USD Billion)
6.6. Automotive
- 6.6.1. Global Glycols Market, by Automotive, by Region, 2020-2034 (USD Billion)
6.7. Textiles
- 6.7.1. Global Glycols Market, by Textiles, by Region, 2020-2034 (USD Billion)
6.8. Medical
- 6.8.1. Global Glycols Market, by Medical, by Region, 2020-2034 (USD Billion)
6.9. Polyester Fibers & Resins
- 6.9.1. Global Glycols Market, by Polyester Fibers & Resins, by Region, 2020-2034 (USD Billion)
6.10. Others
- 6.10.1. Global Glycols Market, by Others, by Region, 2020-2034 (USD Billion)

7. Global Glycols Market, by End-Use Industry

7.1. Key Findings
7.2. Introduction
- 7.2.1. Global Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
7.3. Packaging
- 7.3.1. Global Glycols Market, by Packaging, by Region, 2020-2034 (USD Billion)
7.4. Cosmetics
- 7.4.1. Global Glycols Market, by Cosmetics, by Region, 2020-2034 (USD Billion)
7.5. Textiles
- 7.5.1. Global Glycols Market, by Textiles, by Region, 2020-2034 (USD Billion)
7.6. Automotive & Transportation
- 7.6.1. Global Glycols Market, by Automotive & Transportation, by Region, 2020-2034 (USD Billion)
7.7. Food & Beverage
- 7.7.1. Global Glycols Market, by Food & Beverage, by Region, 2020-2034 (USD Billion)
7.8. Pharmaceuticals
- 7.8.1. Global Glycols Market, by Pharmaceuticals, by Region, 2020-2034 (USD Billion)
7.9. Others
- 7.9.1. Global Glycols Market, by Others, by Region, 2020-2034 (USD Billion)

8. Global Glycols Market, by Geography

8.1. Key Findings
8.2. Introduction
- 8.2.1. Glycols Market Assessment, by Geography, 2020-2034 (USD Billion)
8.3. Glycols Market - North America
- 8.3.1. North America: Glycols Market, by Product, 2020-2034 (USD Billion)
- 8.3.2. North America: Glycols Market, by Application, 2020-2034 (USD Billion)
- 8.3.3. North America: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.3.4. Glycols Market - US
  - 8.3.4.1. US: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.3.4.2. US: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.3.4.3. US: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.3.5. Glycols Market - Canada
  - 8.3.5.1. Canada: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.3.5.2. Canada: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.3.5.3. Canada: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
8.4. Glycols Market - Europe
- 8.4.1. Europe: Glycols Market, by Product, 2020-2034 (USD Billion)
- 8.4.2. Europe: Glycols Market, by Application, 2020-2034 (USD Billion)
- 8.4.3. Europe: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.4. Glycols Market - UK
  - 8.4.4.1. UK: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.4.4.2. UK: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.4.4.3. UK: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.5. Glycols Market - France
  - 8.4.5.1. France: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.4.5.2. France: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.4.5.3. France: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.6. Glycols Market - Germany
  - 8.4.6.1. Germany: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.4.6.2. Germany: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.4.6.3. Germany: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.7. Glycols Market - Italy
  - 8.4.7.1. Italy: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.4.7.2. Italy: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.4.7.3. Italy: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.8. Glycols Market - Spain
  - 8.4.8.1. Spain: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.4.8.2. Spain: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.4.8.3. Spain: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.9. Glycols Market - Netherlands
  - 8.4.9.1. Netherlands: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.4.9.2. Netherlands: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.4.9.3. Netherlands: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.10. Glycols Market - Russia
  - 8.4.10.1. Russia: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.4.10.2. Russia: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.4.10.3. Russia: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.4.11. Glycols Market - Rest of Europe
  - 8.4.11.1. Rest of Europe: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.4.11.2. Rest of Europe: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.4.11.3. Rest of Europe: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
8.5. Glycols Market - Asia Pacific
- 8.5.1. Asia Pacific: Glycols Market, by Product, 2020-2034 (USD Billion)
- 8.5.2. Asia Pacific: Glycols Market, by Application, 2020-2034 (USD Billion)
- 8.5.3. Asia Pacific: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.4. Glycols Market - China
  - 8.5.4.1. China: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.5.4.2. China: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.5.4.3. China: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.5. Glycols Market - India
  - 8.5.5.1. India: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.5.5.2. India: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.5.5.3. India: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.6. Glycols Market - Malaysia
  - 8.5.6.1. Malaysia: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.5.6.2. Malaysia: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.5.6.3. Malaysia: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.7. Glycols Market - Japan
  - 8.5.7.1. Japan: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.5.7.2. Japan: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.5.7.3. Japan: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.8. Glycols Market - Indonesia
  - 8.5.8.1. Indonesia: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.5.8.2. Indonesia: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.5.8.3. Indonesia: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.9. Glycols Market - South Korea
  - 8.5.9.1. South Korea: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.5.9.2. South Korea: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.5.9.3. South Korea: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.10. Glycols Market - Australia
  - 8.5.10.1. Australia: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.5.10.2. Australia: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.5.10.3. Australia: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.5.11. Glycols Market - Rest of Asia Pacific
  - 8.5.11.1. Rest of Asia Pacific: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.5.11.2. Rest of Asia Pacific: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.5.11.3. Rest of Asia Pacific: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
8.6. Glycols Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Glycols Market, by Product, 2020-2034 (USD Billion)
- 8.6.2. Middle East & Africa: Glycols Market, by Application, 2020-2034 (USD Billion)
- 8.6.3. Middle East & Africa: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.4. Glycols Market - Saudi Arabia
  - 8.6.4.1. Saudi Arabia: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.6.4.2. Saudi Arabia: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.6.4.3. Saudi Arabia: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.5. Glycols Market - UAE
  - 8.6.5.1. UAE: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.6.5.2. UAE: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.6.5.3. UAE: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.6. Glycols Market - Israel
  - 8.6.6.1. Israel: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.6.6.2. Israel: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.6.6.3. Israel: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.7. Glycols Market - South Africa
  - 8.6.7.1. South Africa: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.6.7.2. South Africa: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.6.7.3. South Africa: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.6.8. Glycols Market - Rest of Middle East & Africa
  - 8.6.8.1. Rest of Middle East & Africa: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.6.8.2. Rest of Middle East & Africa: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.6.8.3. Rest of Middle East & Africa: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
8.7. Glycols Market - Latin America
- 8.7.1. Latin America: Glycols Market, by Product, 2020-2034 (USD Billion)
- 8.7.2. Latin America: Glycols Market, by Application, 2020-2034 (USD Billion)
- 8.7.3. Latin America: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.7.4. Glycols Market - Mexico
  - 8.7.4.1. Mexico: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.7.4.2. Mexico: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.7.4.3. Mexico: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.7.5. Glycols Market - Brazil
  - 8.7.5.1. Brazil: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.7.5.2. Brazil: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.7.5.3. Brazil: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.7.6. Glycols Market - Argentina
  - 8.7.6.1. Argentina: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.7.6.2. Argentina: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.7.6.3. Argentina: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)
- 8.7.7. Glycols Market - Rest of Latin America
  - 8.7.7.1. Rest of Latin America: Glycols Market, by Product, 2020-2034 (USD Billion)
  - 8.7.7.2. Rest of Latin America: Glycols Market, by Application, 2020-2034 (USD Billion)
  - 8.7.7.3. Rest of Latin America: Glycols Market, by End-Use Industry, 2020-2034 (USD Billion)

9. Competitive Landscape

9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
9.2. Partnerships/Collaborations/Agreements/Exhibitions

10. Company Profiles

10.1. BASF SE
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
10.2. China Petroleum & Chemical Corporation
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
10.3. Dow DuPont
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
10.4. ExxonMobil Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
10.5. Huntsman International LLC
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
10.6. LyondellBasel Industries
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
10.7. Royal Dutch Shell plc
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
10.8. Saudi Basic Industries Corporation (SABIC)
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
10.9. Total S.A.
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development