Market Overview:
India diethylene glycol (DEG) market size is projected to exhibit a growth rate (CAGR) of XX% during 2024-2032. The increasing number of construction activities, the rising focus of key players on sustainability, and the expanding personal care industry are primarily augmenting the market growth across the country.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
XX% |
Diethylene glycol (DEG) possesses the chemical formula C4H10O3 and is primarily manufactured through the partial hydrolysis of ethylene oxide, resulting in its co-production with ethylene glycol and triethylene glycol. This viscous and hygroscopic liquid is transparent, colorless, and lacks odor, featuring a sweet taste and exhibiting low volatility. Its complete solubility in water, alcohol, acetone, and various organic compounds renders DEG valuable as a solvent and a crucial component in various industrial products. Additionally, it serves a vital role in the production of brake fluids, textile dyes, cigarettes, resins, oils, paint pigments, and printing inks. Beyond these applications, diethylene glycol functions as an antifreeze, plasticizer, lubricant, and liquid fuel. Presently, it plays a pivotal role across diverse industries, including paints and coatings, automotive, construction, textile, plastics, chemicals, and personal care.
India Diethylene Glycol (DEG) Market Trends:
The diethylene glycol market in India is undergoing significant changes, driven by various factors that underscore its diverse applications and evolving industry dynamics. Firstly, the expanding industrial sectors in the country, such as paints and coatings, automotive, and textiles, are propelling the demand for DEG. Moreover, the construction industry in India is witnessing a boom, contributing to the increased usage of diethylene glycol in various building-related materials, including paints, adhesives, and coatings. Besides this, the rising focus on sustainable practices and environmental consciousness is also influencing the diethylene glycol market across the country. Additionally, industries are increasingly exploring eco-friendly alternatives, and this shift is prompting innovations in DEG formulations to align with greener practices. Apart from this, manufacturers are striving to develop products that not only meet industrial requirements but also adhere to environmental standards. Furthermore, the personal industry in India is embracing diethylene glycol for its role in formulations, such as creams, lotions, and shampoos. In line with this, changing consumer preferences and the elevating consciousness among individuals towards personal grooming are expected to fuel the market growth across the country over the forecasted period.
India 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 level for 2024-2032. Our report has categorized the market based on application and end use industry.
Application Insights:
- Antifreeze and Coolant
- Solvents
- Humectants
- Polyester Resins and Plasticisers
- 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 plasticisers, emulsifiers and lubricants, and others.
End Use Industry Insights:
- Agrochemical
- Automotive
- Cosmetic and Personal Care
- Paints and Coatings
- Oil and Gas
- Textiles
- Plastics Industry
- 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 industry, and others.
Regional Insights:
- North India
- West and Central India
- South India
- East and Northeast India
The report has also provided a comprehensive analysis of all the major regional markets, which include North India, West and Central India, South India, and East and Northeast India.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. 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.
India Diethylene Glycol (DEG) Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Million |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
- Application
- End Use Industry
- Region
|
Applications Covered |
Antifreeze and Coolant, Solvents, Humectants, Polyester Resins and Plasticisers, Emulsifiers and Lubricants, Others |
End Use Industries Covered |
Agrochemical, Automotive, Cosmetic and Personal Care, Paints and Coatings, Oil and Gas, Textiles, Plastics Industry, Others |
Regions Covered |
North India, West and Central India, South India, East and Northeast India |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India diethylene glycol (DEG) market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India diethylene glycol (DEG) market?
- What is the breakup of the India diethylene glycol (DEG) market on the basis of application?
- What is the breakup of the India diethylene glycol (DEG) market on the basis of end use industry?
- What are the various stages in the value chain of the India diethylene glycol (DEG) market?
- What are the key driving factors and challenges in the India diethylene glycol (DEG)?
- What is the structure of the India diethylene glycol (DEG) market and who are the key players?
- What is the degree of competition in the India 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 India diethylene glycol (DEG) market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the India 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 India 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.