IMARC Group은 2024년 세계 디에틸렌글리콜(DEG) 시장 규모가 338만 톤에 이르렀으며, IMARC Group은 2025년부터 2033년까지 연평균 3.8% 성장률(CAGR)을 기록하여 2033년에는 474만 톤에 달할 것으로 예측하고 있습니다. 이 시장은 주로 폴리에스테르 산업에서 중요한 역할, 자동차 및 건설 분야에서의 응용 확대, 생산 기술 발전에 의해 주도되고 있으며 신흥국이 수요 증가에 큰 역할을하고 있습니다.
시장 성장과 규모DEG 시장은 강력한 성장세를 보이고 있으며, 다양한 산업에서의 중요한 역할이 시장 확대에 기여하고 있습니다. 섬유, 플라스틱, 자동차, 건축 등에서의 용도에 힘입어 향후 성장세가 지속될 것으로 예상됩니다.
주요 시장 촉진요인 : DEG 시장의 주요 촉진요인으로는 폴리에스테르 수지 및 가소제 생산에 광범위하게 사용, 부동액 및 냉각제 배합에 필수적인 성분으로서의 역할, 친환경 소재에 대한 수요 증가 등을 들 수 있습니다.
기술 발전 : DEG 생산 기술의 발전으로 제조업체는 증가하는 수요에 효율적으로 대응할 수 있게 되었습니다. 이러한 기술 혁신은 제품의 품질과 환경적 지속가능성 향상에 초점을 맞추고 있습니다.
산업 응용 : DEG는 섬유, 플라스틱, 자동차, 페인트 및 코팅, 화장품 등 다양한 산업에서 응용되고 있습니다. 그 다재다능함과 독특한 특성으로 인해 이들 분야에서 귀중한 성분으로 사용되고 있습니다.
주요 시장 동향 : 주요 동향으로는 지속가능성을 중시하는 경향이 강화되고 있으며, DEG는 환경 친화적인 소재에 사용되고 있습니다. 또한, 아시아태평양은 산업화와 경제 성장으로 인해 DEG 시장의 지배적인 세력으로 부상하고 있습니다.
지리적 동향 : 아시아태평양은 역동적인 산업 환경과 다양한 분야의 응용 분야 확대로 인해 DEG 시장의 가장 큰 부문이 되었습니다. 북미와 유럽을 포함한 다른 지역도 안정적인 수요를 유지하고 있습니다.
경쟁 환경 : DEG 시장의 주요 업체들은 연구개발에 투자하고, 생산능력을 확장하고, 전략적 파트너십을 체결하여 시장에서의 입지를 강화하고 있습니다. 지속가능성에 대한 노력과 규제 표준을 준수하는 것은 각 회사의 전략에 필수적인 요소입니다.
도전과 기회 : 규제 준수와 친환경 대체품의 필요성 등 도전과제가 있습니다. 그러나 신흥 시장, 특히 DEG 수요가 증가하고 있는 라틴아메리카와 중동 지역에서는 기회가 넘쳐납니다. 시장의 성장 궤적은 지속가능하고 혁신적인 소재에 대한 세계의 변화와 일치합니다.
폴리에스테르 산업의 수요 증가
디에틸렌글리콜(DEG) 시장은 주로 폴리에스터 수지와 폴리에틸렌 테레프탈레이트(PET) 생산에 광범위하게 사용되고 있으며, DEG는 주요 원료로서 폴리에스터 수지의 특성에 크게 기여하여 내구성과 다용도성을 향상시키는 데 기여하고 있습니다. 섬유용 폴리에스터 섬유와 포장용 PET의 수요 증가에 힘입은 폴리에스터 산업의 성장은 DEG의 수요에 직접적인 영향을 미칩니다. 특히 인구가 증가하고 가처분 소득이 증가하는 신흥국의 섬유 산업 확대는 이러한 성장에 중요한 역할을 하고 있습니다. 또한, 기존 소재보다 재활용성이 높고 무게가 가볍다는 장점으로 인해 포장 용도가 PET로 전환되고 있는 것도 DEG의 수요를 더욱 증가시키고 있습니다.
DEG는 자동차 산업에서 필수적인 부동액 및 냉각제로 사용되고 있습니다. 특히 신흥국의 자동차 산업 성장은 DEG 시장을 견인하는 중요한 요소입니다. 이러한 성장은 자동차 생산량 증가, 소비자의 소비력 증가, 자동차 유지보수에 대한 중요성 증가에 기인합니다. 또한, DEG는 불포화 폴리에스테르 수지의 생산에도 사용되며, 건설 산업에서 라미네이트, 코팅, 유리섬유 보강에 널리 사용되고 있습니다. 특히 중국, 인도 등 아시아태평양에서는 도시화와 인프라 개발로 인해 건설 활동이 지속적으로 확대되고 있으며, 이는 DEG 시장을 발전시키는 데 매우 중요한 역할을 하고 있습니다.
기술의 발전과 용도의 다양화
DEG 생산 공정의 지속적인 기술 발전은 보다 효율적이고 비용 효율적인 제조로 이어져 다양한 산업 분야에서 더 쉽게 사용할 수 있게 되었습니다. 생산 기술의 혁신은 대체 원료의 사용과 에너지 효율적인 공정을 가능하게 하여 시장 성장에 기여하고 있습니다. 또한, 용제, 가소제, 퍼스널케어 제품 제조 등 다양한 분야에 걸친 DEG의 다양한 용도는 시장 범위를 넓히고 있습니다. 산업용에서 소비재에 이르기까지 다양한 용도에서 DEG의 다용도성은 그 중요성을 강조하며 시장 확대의 원동력이 되고 있습니다. 또한, 인쇄 잉크, 페인트, 접착제 등 새로운 용도로 DEG의 사용이 증가하고 있는 것도 시장 성장에 기여하고 있습니다.
The global diethylene glycol (DEG) market size reached 3.38 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 4.74 Million Tons by 2033, exhibiting a growth rate (CAGR) of 3.8% during 2025-2033. The market primarily driven by its critical role in the polyester industry, expanding applications in automotive and construction sectors, and advancements in production technology, with emerging economies playing a significant part in its demand rise.
Market Growth and Size: The DEG market is experiencing robust growth, with its critical role in various industries contributing to its expansion. It is expected to continue growing, driven by its applications in textiles, plastics, automotive, and construction.
Major Market Drivers: Key drivers of the DEG market include its widespread use in the production of polyester resins and plasticizers, its role as an essential component in antifreeze and coolant formulations, and the increasing demand for eco-friendly materials.
Technological Advancements: Advancements in DEG production technology are enabling manufacturers to meet the growing demand efficiently. These innovations focus on improving product quality and environmental sustainability.
Industry Applications: DEG finds applications in various industries, including textiles, plastics, automotive, paints and coatings, cosmetics, and more. Its versatility and unique properties make it a valuable component in these sectors.
Key Market Trends: Key trends include the growing emphasis on sustainability, with DEG being used in eco-friendly materials. Additionally, the Asia Pacific region is emerging as a dominant force in the DEG market due to its industrialization and economic growth.
Geographical Trends: Asia Pacific stands as the largest segment in the DEG market, driven by its dynamic industrial landscape and expanding applications across diverse sectors. Other regions, including North America and Europe also maintain stable demand.
Competitive Landscape: Key players in the DEG market are investing in research and development, expanding production capacities, and forming strategic partnerships to strengthen their market presence. Sustainability initiatives and adherence to regulatory standards are integral to their strategies.
Challenges and Opportunities: Challenges include regulatory compliance and the need for eco-friendly alternatives. However, opportunities abound in emerging markets, especially in Latin America and the Middle East, where DEG demand is on the rise. The market's growth trajectory aligns with the global shift toward sustainable and innovative materials.
Increasing demand in the polyester industry
The diethylene glycol (DEG) market is primarily driven by its extensive use in the production of polyester resins and polyethylene terephthalate (PET). DEG, as a key raw material, contributes significantly to the properties of polyester resins, enhancing their durability and versatility. The growth in the polyester industry, fueled by the rising demand for polyester fibers in textiles and PET in packaging applications, directly impacts the demand for DEG. The textile industry's expansion, particularly in emerging economies with growing populations and increasing disposable incomes, plays a crucial role in this growth. Moreover, the shift towards PET in packaging, due to its recyclability and weight advantages over traditional materials, further amplifies the demand for DEG.
DEG finds applications in antifreeze and coolant formulations, which are essential in the automotive sector. The growth of the automotive industry, especially in developing countries, is a significant factor driving the DEG market. This growth is attributed to increasing vehicle production, the rise in consumer spending power, and the growing emphasis on vehicle maintenance. Additionally, DEG is used in the production of unsaturated polyester resins, widely utilized in the construction industry for laminates, coatings, and fiberglass reinforcements. The ongoing expansion in construction activities, driven by urbanization and infrastructural development, particularly in Asia-Pacific regions, such as China and India, also plays a pivotal role in propelling the DEG market forward.
Advancements in technology and diversified applications
Continual technological advancements in the production process of DEG have led to more efficient and cost-effective manufacturing, making it more accessible for various industries. Innovations in production techniques have enabled the use of alternative raw materials and energy-efficient processes, contributing to market growth. Furthermore, DEG's diversified applications across different sectors, such as in the manufacture of solvents, plasticizers, and personal care products, broaden its market scope. The versatility of DEG in various applications, ranging from industrial uses to consumer products, underscores its growing importance and drives the market's expansion. The increasing utilization of DEG in emerging applications, such as in the formulation of printing inks, paints, and adhesives, also contributes to its market growth.
Antifreeze and Coolant
Solvents
Humectants
Polyester Resins and Plasticizers
Emulsifiers and Lubricants
Others
Polyester resins and plasticizers account for the majority of the market share
The diethylene glycol (DEG) market's most significant application segment is in the production of polyester resins and plasticizers. DEG plays a critical role in enhancing the properties of polyester resins, making them durable and flexible. This segment's prominence is primarily due to the widespread use of polyester resins in industries such as construction, automotive, and packaging. Polyester resins are favored for their versatility and effectiveness in manufacturing fiberglass-reinforced materials, laminates, and coatings. Additionally, DEG is utilized as a plasticizer, improving the performance and characteristics of various plastic materials. The rise in demand for lightweight, durable, and recyclable plastics further drives the need for DEG, solidifying its position as the largest and most influential segment in the market.
On the other hand, DEG serves as a key component in antifreeze and coolant formulations, primarily in the automotive industry. It plays a crucial role in maintaining the engine's temperature stability, ensuring optimal performance in both extreme cold and hot conditions. The steady growth of the automotive sector, driven by increasing vehicle production and the need for reliable engine protection, fuels the demand for DEG in this application segment.
Furthermore, DEG finds extensive use as a solvent in industries such as paints, coatings, and adhesives. Its excellent solubility properties make it a preferred choice for these applications. DEG contributes to the consistency and durability of coatings and paints, making them resistant to environmental factors. The continuous growth in construction and renovation activities, coupled with the demand for high-quality finishes, propels the need for DEG in the solvents segment.
Additionally, DEG serves as a humectant in the cosmetic and personal care industry, aiding products in retaining moisture. With consumers increasingly focusing on skincare and personal wellness, the demand for DEG in this segment is on the rise. DEG's contribution to the quality and effectiveness of various skincare and personal care products makes it an essential component in this industry.
Moreover, DEG is employed as an emulsifying agent and lubricant in various industrial processes. Its ability to enhance the stability of emulsions and reduce friction in mechanical systems makes it valuable in this segment. The continuous expansion of industrial activities and manufacturing processes contributes to the demand for DEG as an emulsifier and lubricant.
Agrochemical
Automotive
Cosmetic and Personal Care
Paints and Coatings
Oil and Gas
Textiles
Plastics
Others
Plastics hold the largest share in the industry
DEG plays a pivotal role in enhancing the properties of plastics, making them more durable, flexible, and versatile. The plastics industry encompasses a wide range of applications, including packaging, construction, automotive, and consumer goods. DEG's contribution to the production of lightweight and recyclable plastics aligns with the industry's sustainability goals, further solidifying its position as the largest and most influential segment in the market. As the demand for eco-friendly and innovative plastics continues to grow, DEG remains at the forefront of this dynamic industry.
On the other hand, DEG is a crucial component in antifreeze and coolant formulations, making the automotive industry a significant consumer of DEG. It plays a vital role in ensuring optimal engine performance, even in extreme temperature conditions. With the global automotive sector experiencing steady growth, particularly in emerging markets, the demand for DEG in this sector remains robust. DEG's role in engine protection and temperature control is integral to the automotive industry's reliability and efficiency.
Furthermore, DEG is widely used in the paints and coatings industry as a solvent and additive. Its excellent solubility properties make it an ideal choice for formulating high-quality coatings and paints. DEG contributes to the consistency and durability of coatings, making them resistant to environmental factors. As construction and renovation activities continue to rise, along with the demand for aesthetically pleasing finishes, the paints and coatings industry relies on DEG to meet these requirements.
Also, the cosmetic and personal care industry utilizes DEG as a humectant, aiding products in retaining moisture. With consumers increasingly focused on skincare and personal wellness, the demand for DEG in this segment is on the rise. DEG's role in enhancing the effectiveness of various skincare and personal care products positions it as a crucial ingredient in this industry.
Besides this, DEG is an essential component in the textile industry, particularly in the production of polyester fibers. The sector's growth, driven by increasing population and disposable incomes in emerging economies, directly impacts the demand for DEG. DEG enhances the properties of polyester, making it a preferred choice in various textile applications.
Moreover, DEG is used in the oil and gas industry as a hydrate inhibitor, preventing the formation of hydrates that can obstruct pipelines and equipment. As the oil and gas exploration and production activities continue, the demand for DEG in this segment remains steady, contributing to the industry's operational efficiency and safety.
Apart from this, DEG is employed in agrochemical formulations, enhancing the effectiveness of pesticides and herbicides. As agriculture plays a crucial role in ensuring food security, the demand for DEG in agrochemicals remains stable, supporting the industry's efforts to maximize crop yield and quality.
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia-Pacific leads the market, accounting for the largest diethylene glycol (DEG) market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia-Pacific accounted for the largest market share.
Asia Pacific takes the lead as the largest regional segment in the diethylene glycol (DEG) market. The region's remarkable economic growth, industrialization, and population expansion drive substantial demand for DEG. Industries such as textiles, plastics, automotive, and construction, which rely heavily on DEG, have experienced significant expansion in countries, including China, India, and Southeast Asian nations. The transition towards eco-friendly and recyclable materials in packaging and construction further amplifies the demand for DEG in the Asia Pacific region. Its position as the largest segment highlights the region's role as a key driver of the global DEG market.
Furthermore, North America presents a mature yet stable market for DEG, with consistent demand across various industries. The automotive, paints and coatings, and cosmetics sectors rely on DEG for its unique properties. Additionally, the region's focus on technological advancements and sustainability initiatives drives the use of DEG in these applications.
On the other hand, Europe shares a similar trend with North America, maintaining a mature market for DEG. The automotive and construction sectors remain prominent consumers of DEG, while stringent environmental regulations in Europe contribute to the demand for DEG in coatings and paints.
Besides this, Latin America is an emerging market for DEG, showing growth potential in industries such as textiles, cosmetics, and agrochemicals. The region's expanding consumer base and growing manufacturing sector contribute to the rising demand for DEG. Latin America's appetite for DEG is on the rise, although it may not match the scale of Asia Pacific.
Furthermore, the Middle East and Africa region exhibit growing demand for DEG, particularly in the oil and gas sector, where DEG serves as a hydrate inhibitor. The region's energy industry, coupled with infrastructure development, drives the use of DEG in preventing hydrate formation.
Key players in the diethylene glycol (DEG) market are actively focusing on several strategic initiatives to maintain and expand their market presence. These initiatives include investments in research and development to innovate and develop new DEG formulations that meet changing industry requirements, particularly in terms of eco-friendliness and performance. Additionally, companies are enhancing their production capacities to meet the growing demand for DEG, particularly in high-growth regions, such as Asia Pacific. Market leaders are also forging partnerships and collaborations with downstream industries to ensure a steady supply chain and strengthen customer relationships. Furthermore, sustainability initiatives and adherence to regulatory standards are becoming integral to the strategies of key players to align with global environmental goals and meet customer expectations.
The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
BASF SE
India Glycols Limited
Indorama Ventures Public Company Limited
LyondellBasell Industries Holdings B.V.
Merck KGaA
Mitsubishi Chemical Corporation
Nippon Shokubai Co. Ltd.
Pon Pure Chemicals Group
Reliance Industries Limited
Saudi Basic Industries Corporation (Saudi Aramco)
Shell plc
TCI Chemicals (India) Pvt. Ltd.
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.