Australia Diethylene Glycol (DEG) Market

Australia Diethylene Glycol (DEG) Market Overview:

The Australia diethylene glycol (DEG) market size reached 0.07 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 0.10 Million Tons by ​2033​, exhibiting a growth rate (CAGR) of 3.85% during ​2025-2033​. Rising investments in advanced mining infrastructure, including transportation and processing facilities, are fueling the market growth. Besides this, the broadening of retail outlets and e-commerce portals, which is enhancing the accessibility of food items, is contributing to the expansion of the Australia diethylene glycol (DEG) market share.

Australia Diethylene Glycol (DEG) Market Trends:

Increasing mining activities

The growing mining activities are positively influencing the market. With the rising employment of mining equipment, large quantities of coolants, lubricants, and hydraulic fluids are in high demand to ensure smooth functioning. As per the IMARC Group, the Australia mining equipment market size reached USD 1.38 Billion in 2024. Diethylene glycol (DEG) acts as a key component in the formulation of these fluids, providing stability and performance under extreme conditions. The mining sector is also utilizing DEG in the production of explosives and as a chemical intermediate for certain processing chemicals. As mining activities are expanding to meet worldwide demand for minerals like iron ore, lithium, and gold, the need for efficient machinery maintenance and processing solutions is increasing. The need for premium fluids and products based on diethylene glycol (DEG) is also being driven by mining firms' emphasis on operational efficiency and safety. DEG employment is also being encouraged by growing expenditures in mining infrastructure, including as processing and transportation facilities. The consistent need for diethylene glycol (DEG) is growing as Australia's mining sector fortifies its position and investigates new mining areas. In addition to promoting the use of dependable chemical products like DEG, mining businesses strive for longer equipment lifespans and lower maintenance costs.

Growing vehicle production

Increasing vehicle production is propelling the Australia diethylene glycol (DEG) market growth. As per industry reports, a news record was registered, with 1,237,287 vehicles being sold in Australia in 2024, led by the Ford Ranger ute for the second year in a row, followed by the Toyota RAV4 SUV. As more vehicles are manufactured, the demand for durable and efficient automotive fluids is rising, supporting smooth engine performance and safety. DEG is widely used in the formulation of antifreeze and de-icing solutions, making it important for vehicle maintenance in varying weather conditions. The growing focus on vehicle quality and longer life spans is further increasing the utilization of high-performance fluids containing DEG. The broadening of Australia's automotive sector, including electric vehicles (EVs), is also creating the need for advanced cooling systems that rely on DEG-based products.

Rising applications in food and beverage (F&B) industry

Increasing applications of DEG in the F&B industry are offering a favorable market outlook. DEG is used in the production of polyester resins, which help create strong and flexible packaging for beverages, food product containers, and storage solutions. As the food and beverage industry is thriving, the need for safe, durable, and high-quality packaging materials is becoming critical, boosting the utilization of DEG-derived items. In food processing facilities, DEG-based products are also employed in cooling systems and heat transfer fluids to maintain proper temperatures during manufacturing. With the rising demand for processed, packaged, and frozen food items across Australia, the role of reliable packaging and efficient production processes is strengthening. The expansion of retail outlets and e-commerce sites is enhancing the accessibility of food items, catalyzing the demand for DEG. As per the Australian Bureau of Statistics, food retailing grew by 0.6%, equating to 86.1 Million, in February 2024.

Australia Diethylene Glycol (DEG) Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on application and end use industry.

Application Insights:

• Antifreeze and Coolant
• Solvents
• Humectants
• Polyester Resins and Plasticizers
• Emulsifiers and Lubricants
• Others

The report has provided a detailed breakup and analysis of the market based on the application. This includes antifreeze and coolant, solvents, humectants, polyester resins and plasticizers, emulsifiers and lubricants, and others.

End Use Industry Insights:

• Agrochemical
• Automotive
• Cosmetic and Personal Care
• Paints and Coatings
• Oil and Gas
• Textiles
• Plastics
• Others

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes agrochemical, automotive, cosmetic and personal care, paints and coatings, oil and gas, textiles, plastics, and others.

Regional Insights:

• Australia Capital Territory & New South Wales
• Victoria & Tasmania
• Queensland
• Northern Territory & Southern Australia
• Western Australia

The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Australia Diethylene Glycol (DEG) Market Report Coverage:

Key Questions Answered in This Report:

• How has the Australia diethylene glycol (DEG) market performed so far and how will it perform in the coming years?
• What is the breakup of the Australia diethylene glycol (DEG) market on the basis of application?
• What is the breakup of the Australia diethylene glycol (DEG) market on the basis of end use industry?
• What is the breakup of the Australia diethylene glycol (DEG) market on the basis of region?
• What are the various stages in the value chain of the Australia diethylene glycol (DEG) market? 
• What are the key driving factors and challenges in the Australia diethylene glycol (DEG) market?
• What is the structure of the Australia diethylene glycol (DEG) market and who are the key players?
• What is the degree of competition in the Australia diethylene glycol (DEG) market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Australia diethylene glycol (DEG) market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Australia diethylene glycol (DEG) market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Australia diethylene glycol (DEG) industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.