Triethylene Glycol Market Forecast, Demand and Cost Structure Analysis Till 2022
“Global Triethylene Glycol Market report includes in-depth analysis of industry by recent technologies, trends, opportunities, challenges, key players and business strategies considering types, segment and future outlook.�
11 Sep 2018 - Global Triethylene Glycol (TEG) Market is anticipated to reach USD 718.3 million by 2022. Tri-ethylene glycol is an odorless, colorless, hygroscopic liquid and non-volatile in nature. Ethylene glycol is commercially prepared by oxidation of ethylene at high temperature in the presence of catalyst silver oxide, followed by hydration of ethylene oxide to produce mono, di and tri-ethylene glycol as sub-products. Tri-ethylene glycol is used as vinyl plasticizer, as in-between in the manufacture of polyester polyols and resins, and as a solvent in several various applications. The factors that propel the growth of the TEG industry include rising demand for solvents and increasing oil & gas investigation activities across the world. On the other hand, there are factors that may hamper the growth of the market including higher derivatives of glycols, and high cost of production. Triethylene Glycol Market is anticipated to grow at a significant CAGR of 3.5% in the upcoming period as the scope, product types, and its applications are increasing across the globe. Triethylene Glycol (TEG) industry may be explored by product type, application, and geography. Request Sample Copy of this Market Research @ https://www.millioninsights.com/industryreports/triethylene-glycol-teg-market/request-sample