China Ethylene Glycol Market (2020-2026) | Size, Value, Revenue, Analysis, Industry, Forecast, Share, Growth, Companies, Outlook, Trends & COVID-19 IMPACT

China Ethylene Glycol Market is expected to register tremendous growth over the coming years, primarily due to burgeoning demand for polyester fibers in the textile industry, due to the increase in demand for poly-yearns clothes. Additionally, an increase in the demand for PET bottles and polyester fibers have further bolstered the ethylene glycol market in China. Further, as food brands are seeking safer and healthier packaging alternatives, demand for PET packaging is increasing, which in turn would lead to an increase in the demand for ethylene glycol in the country. However, the market trend is changing from inorganic ethylene glycol chemical products towards organic ethylene glycol chemical products.

According to 6Wresearch, China Ethylene Glycol Market is anticipated to register growth during 2020-2026. China is considered as one of the major textile-manufacturer across the globe. Thus, a rise in demand for polyester fibers from the textile industry is expected to subsequently drive the demand for polyethylene glycol in this region, as polyester fiber is widely used in the manufacturing of carpets, upholstery, conveyor belts, and seat belts. Further, the Chinese government has come up with initiatives to de-bottleneck the petrochemical industry which would further create opportunities for the ethylene glycol market.

By Application, polyethylene terephthalate (PET) resin is the fastest-growing segment in the China ethylene Glycol market one of the major supporting industry for the PET segment is food and beverage, which uses PET resin for manufacturing of water bottles and food containers, is expanding in China. Moreover, ethylene glycol is being extensively used in medical sterilization and as a heat transfer agent and coolant in geothermal pumps and air conditioning systems.

 The China ethylene glycol market report thoroughly covers the market by product types, applications. China's ethylene glycol market outlook report provides an unbiased and detailed analysis of the on-going China ethylene glycol market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

The rising use of the pharmaceutical vehicular industry is expected to be a growth proliferating factor for the China ethylene glycol market in the coming timeframe. An increase in the manufacture of cosmetics is anticipated to be another factor expected to leave a positive impact on the overall market growth in the near future and is expected to bring in bountiful opportunities for the ethylene glycol makers and the potential industrialists and the to be investors of the market to benefit from fortunate business growth and double-digit business growth in the coming years. Additionally, rapid industrialization in the country is anticipated to contribute towards the growth of the ethylene glycol market in the country in the near market forecast years. An increase in the industrial application of ethylene glycol especially for the manufacture of polyester fibers in the cloth industry is expected to contribute to the market growth.

China ethylene glycol market is anticipated to gain momentum during the forecast period 2020-26F on the back of the rising potential growth of the automotive industry. Further, the china automotive industry is expected to gain momentum in the coming timeframe underpinned by the rising need to cool vehicle engines and prevent it from overheating process, and this driver acts as a catalyst towards the growth of the china ethylene glycol market in the upcoming six years. Additionally, the rising manufacturing industry is expected to gain momentum in the coming six years on the back of the rising need in manufacturing plastics bottles and work solvents in paints and this would benefit the china ethylene glycol market in the coming timeframe. 

Key Highlights of The Reports:

• China Ethylene Glycol Market Overview
• China Ethylene Glycol Market Outlook
• China Ethylene Glycol Market Forecast
• Historical Data of China Ethylene Glycol Market Revenues and Volume for the Period 2016-2019
• China Ethylene Glycol Market Size & Ethylene Glycol Market Forecast of Revenues and Volume, Until 2026
• Historical Data of China Ethylene Glycol Market Revenues and Volume, By Product Types for the Period 2016-2019
• Market Size & Forecast of China Ethylene Glycol Market Revenues and Volume, By Product Types, Until 2026
• Historical Data of China Ethylene Glycol Market Revenues and Volume, By Applications for the Period 2016-2019
• Market Size & Forecast of China Ethylene Glycol Market Revenues and Volume, By Applications, Until 2026
• Market Drivers and Restraints
• China Ethylene Glycol Market Trends and Industry Life Cycle
• Porter’s Five Force Analysis and Market Opportunity Assessment
• China Ethylene Glycol Market Share, By Players
• China Ethylene Glycol Market Overview on Competitive Benchmarking
• Company Profiles

Markets Covered

The China Ethylene Glycol Market report provides a detailed analysis of the following market segments:

• By Product Types
  • Monoethylene Glycol
  • Diethylene Glycol
  • Triethylene glycol
    
    
• By Applications
  • Automotive Industry
  • Textile Industry
  • Paint Industry
  • PET Industry
  • Others (Paper & Pulp, Food & Beverages, optic fibers, etc.)

Other Key Reports Available:

• Japan Ethylene Glycol Market Report
• India Ethylene Glycol Market Report
• Australia Ethylene Glycol Market Report
• Indonesia Ethylene Glycol Market Report
• Thailand Ethylene Glycol Market Report
• Vietnam Ethylene Glycol Market Report
• Malaysia Ethylene Glycol Market Report
• Singapore Ethylene Glycol Market Report
• Philippines Ethylene Glycol Market Report

Frequently Asked Questions About the Market Study (FAQs):