The Mexico Diethylene Glycol (DEG) Market size reached 0.05 Million Tons in 2024. Looking forward, IMARC Group expects the market to reach 0.07 Million Tons by 2033, exhibiting a growth rate (CAGR) of 3.83% during 2025-2033. The market is influenced by increasing demand in major industries like plastics, automotive, textiles, and construction as a solvent, plasticizer, and chemical intermediate. The growth of infrastructure and automobile sector that enhances consumption of DEG-based items such as coolants and adhesives, along with the advancements in production technology and intensified trade with the United States and other world allies further fuels the Mexico diethylene glycol (DEG) market share.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | 0.05 Million Tons |
Market Forecast in 2033 | 0.07 Million Tons |
Market Growth Rate 2025-2033 | 3.83% |
Increased Industrial Applications Demand
The Mexican market for diethylene glycol (DEG) is growing significantly due to its rising demand in numerous industrial applications. DEG is extensively used as a plasticizer in flexible plastics production, making them stronger and more flexible. It also acts as a solvent in coatings and paints, making the application process easier and enhancing the quality of the finish. The automotive sector also depends on DEG for the production of antifreeze and coolants to achieve maximum engine performance and lifespan. In addition, DEG is used as a chemical intermediate in producing resins and adhesives to achieve the formation of tough and durable materials. This broad spectrum of applications emphasizes the critical importance of DEG which further drives the Mexico diethylene glycol (DEG) market growth and innovation.
Technological Advances in Production
Technological advances in the production of DEG are significantly contributing to the development of the DEG market in Mexico. New technologies have improved catalytic processes in the production of DEG, with reduced production costs and higher yields. Improved technologies make the production more efficient, allowing companies to improve productivity at a minimum rise in costs, thus remaining cost-competitive in the market. Moreover, there is an increasing shift toward bio-based and renewable production processes for DEG. Companies are investigating the utilization of renewable feedstocks and plant-based feedstocks to manufacture bio-based DEG, which is in line with the growing consumer demand for green products. This transition toward sustainable production processes addresses the eco-friendly market segment and also makes Mexican producers pioneers in the global shift toward greener chemical manufacturing.
Market Positioning and Strategic Trade Dynamics
Mexico's geographical position in foreign trade heavily weighs on its contribution to the world DEG market. In 2023, foreign trade involving 2,2'-Oxybisethanol, which is widely referred to as DEG, by Mexico was around US$ 22.9 Million. Mexico mostly imports DEG from Belgium, Switzerland, the United States, China, and Saudi Arabia, and exports it mainly to the United States. This trading pattern indicates Mexico's integration within the North American value chain, allowing for smooth border transportation of DEG. The geographical concentration of DEG trade in certain areas indicates the role played by strategic alliances and trade agreements in influencing Mexico's market position. By using its commercial relations and optimizing supply chain, Mexico can promote its competitiveness within the global market of DEG, with steady supplies to capture the increasing demand at home and abroad.
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:
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:
The report has provided a detailed breakup and analysis of the market based on the end use industry. This includes agrochemical, automotive, cosmetic and personal care, paints and coatings, oil and gas, textiles, plastics, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Mexico, Central Mexico, Southern Mexico and others.
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.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million Tons |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Applications Covered | Antifreeze and Coolant, Solvents, Humectants, Polyester Resins and Plasticizers, Emulsifiers and Lubricants, Others |
End Use Industries Covered | Agrochemical, Automotive, Cosmetic and Personal Care, Paints and Coatings, Oil and Gas, Textiles, Plastics, Others |
Regions Covered | Northern Mexico, Central Mexico, Southern Mexico, Others |
Customization Scope | 10% Free Customization |
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:
Key Benefits for Stakeholders: