Welcome!

News Feed Item

Global Triethylene Glycol (TEG) Market is Expected to Reach USD 237.2 Million in 2018: Transparency Market Research

ALBANY, New York, December 10, 2012 /PRNewswire/ --

According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Triethylene Glycol Market (TEG) - Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 - 2018," the global triethylene glycol (TEG) demand was estimated to be worth USD 167.9 million in 2010 and is expected to reach USD 237.2 million by 2018, growing at a CAGR of 4.6% from 2013 to 2018. Asia Pacific led the global market for TEG accounting for 66.2% of the global volumes in 2011, followed by North America and Europe. Asia Pacific along with being the largest market is also the fastest growing market for TEG.

Browse the full report at http://www.transparencymarketresearch.com/teg-market.html

The major factor driving the global market for TEG includes the growth of the global natural gas market and the growing demand for plasticizers in end use industries. Its increasing application as a solvent is also acting as a major factor driving the global market for TEG. However, volatility in raw material prices and regulatory issues associated with the production and use of TEG are expected to have a negative impact on the growth of the global market.

The growing demand of natural gas in the Asia Pacific region creates immense opportunities for major TEG manufacturers as natural gas dehydration represents the largest application of TEG and thus growth of natural gas in Asia Pacific will induce the TEG market in the region to grow.

Related & Recently Published Reports by Transparency Market Research

http://www.transparencymarketresearch.com/tpu-market.html

http://www.transparencymarketresearch.com/phytosterols-market.html

http://www.transparencymarketresearch.com/global-oleochemicals-market.html

http://www.transparencymarketresearch.com/butanediol-butadiene-and-mek-market.html

http://www.transparencymarketresearch.com/injection-molded-plastics-market.html

http://www.transparencymarketresearch.com/water-treatment-chemicals-market.html

http://www.transparencymarketresearch.com/construction-equipment-market.html

Natural gas dehydration accounted for approximately 58.6% of the global TEG demand in 2011. Along with being the biggest market, it is also the fastest growing application market for TEG at a CAGR of 4.8% from 2013 to 2018. Other applications capture smaller amounts of market and are expected to remain stagnant till 2018. Some of the other application segments for TEG include solvents, plasticizers, polyurethane, humectants and polyester resins.

The global market for TEG is facing the threat of being oversupplied, mainly owing to massive capacity additions in the Gulf Council Cooperation (GCC) in recent years. The Kingdom of Saudi Arabia (KSA) is the major consumer of TEG in the GCC. KSA accounted for approximately 63.4% of the GCC demand for TEG in 2011.

Some of the major participants in the global market for TEG include, SABIC (KSA), Dow Chemical (U.S.), Shell (Netherlands), Sinopec (China), Honam Petrochemical (Korea) and so on.

This research is specially designed to estimate and analyze the demand and performance of TEG in a global scenario. The research provides in-depth analysis of TEG manufacturers, trend analysis by segments and demand by geography. The report covers all the major product segments of the TEG market and provides detailed analysis, historical data and statistically refined forecast for the segments covered. The study presents a comprehensive assessment of the stakeholder strategies, winning imperatives for them by segmenting the TEG market as below:

Triethylene Glycol Market, by Application:

-Natural Gas Dehydration

-Solvents

-Plasticizers

-Polyurethane

-Humectants

-Polyester Resins

-Other

The report provides a cross-sectional analysis of all the above segments with respect to the following geographical markets:

  • North America
  • Europe
  • MENA
  • Asia Pacific
  • Rest of the World (RoW)

In addition the report also covers the TEG market for Gulf Council Cooperation (GCC) including the Kingdom of Saudi Arabia (KSA) with their TEG supply demand scenario.

Browse all Chemical Industry Research Reports

Upcoming Reports in Chemical & Materials Market

Cellulose Ether Market

Battery Raw Materials Market

Activated Carbon Market

Refinery Catalyst Market

Plasticizers Market

Biocides Market

Synthetic & Bio-Based Coatings For Automotives

Advanced Materials And Devices For Renewable Energy Market

Epoxy Resins Market

Polyols Market

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: +1-866-552-3453
Email: [email protected]
TMR on Web: Click here
http://www.transparencymarketresearch.com/

SOURCE Transparency Market Research

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...