#Diethylene Glycol Price
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Diethylene Glycol Prices | Pricing | Trend | News | Database | Chart | Forecast
Diethylene Glycol (DEG) is an essential chemical compound widely used in various industrial applications, including antifreeze, plasticizers, and the production of resins. The prices of diethylene glycol can fluctuate significantly due to several factors such as raw material availability, manufacturing costs, market demand, and global economic conditions. Understanding the dynamics of DEG pricing is crucial for manufacturers, suppliers, and consumers in industries that depend on this compound. Over the years, the price of DEG has been influenced by the interplay of these factors, creating a complex market environment.
One of the most critical factors affecting diethylene glycol prices is the availability and cost of its raw materials, primarily ethylene. Ethylene is a key feedstock in the production of diethylene glycol, and any disruption in its supply or fluctuations in its price can have a direct impact on DEG pricing. The global ethylene market is subject to frequent volatility due to factors such as crude oil prices, natural gas availability, and geopolitical tensions. Since ethylene is derived from petrochemical sources, the price of crude oil plays a significant role in determining the cost of producing DEG. When crude oil prices rise, the cost of ethylene production increases, which in turn raises the price of DEG. Conversely, a drop in crude oil prices can lead to a reduction in the cost of ethylene and, consequently, a decrease in DEG prices.
In addition to raw material costs, the supply and demand balance in the market plays a vital role in determining the price of diethylene glycol. The demand for DEG is driven by its use in various industries, including textiles, automotive, and construction. When these industries experience growth, the demand for DEG increases, putting upward pressure on prices. Conversely, when these industries face downturns, the demand for DEG may decrease, leading to lower prices. Seasonal variations can also affect demand. For instance, DEG is commonly used in antifreeze formulations, so demand tends to increase during colder months, leading to potential price spikes.
Get Real Time Prices for Diethylene Glycol (DEG): https://www.chemanalyst.com/Pricing-data/diethylene-glycol-66
Another significant factor influencing diethylene glycol prices is the capacity and operational efficiency of production facilities. Any disruption in production, such as plant maintenance, technical issues, or natural disasters, can reduce the supply of DEG, leading to price increases. Moreover, expansions or new plant openings can increase supply, which may result in downward pressure on prices if demand remains constant. The geographical distribution of production facilities also plays a role. Regions with a high concentration of DEG production, such as Asia, tend to have more stable prices due to their large output capacity. In contrast, regions that rely on imports may experience higher price volatility due to shipping costs and supply chain disruptions.
International trade policies and tariffs are additional factors that can influence diethylene glycol prices. Trade restrictions, tariffs, or sanctions imposed on key producing countries can disrupt the global supply chain, leading to price increases in regions that rely heavily on imports. Conversely, free trade agreements or reductions in tariffs can promote a more competitive market, leading to lower prices for consumers. In recent years, trade tensions between major economies have created uncertainty in the global market, contributing to fluctuations in DEG prices.
The environmental regulations governing the production and use of diethylene glycol also impact its market price. As concerns about environmental sustainability grow, stricter regulations on chemical manufacturing processes have been introduced in various countries. Compliance with these regulations often requires companies to invest in cleaner technologies and more efficient production processes, which can increase production costs. These costs are typically passed on to consumers in the form of higher prices. Furthermore, regulations that restrict the use of DEG in certain applications, such as in consumer products, can reduce demand, potentially leading to lower prices.
The role of technological advancements in diethylene glycol production cannot be overlooked. Innovations in production processes, such as the development of more efficient catalytic systems or energy-saving technologies, can reduce manufacturing costs and, consequently, the price of DEG. Companies that adopt these technologies may gain a competitive advantage by offering lower prices, thus influencing overall market trends. However, the initial investment in new technologies can be high, which may temporarily result in higher prices as companies seek to recoup their costs.
Global economic conditions also have a significant impact on diethylene glycol prices. During periods of economic growth, industrial activity tends to increase, boosting demand for DEG and leading to higher prices. Conversely, during economic downturns, industrial output may decline, reducing demand and putting downward pressure on prices. The COVID-19 pandemic, for example, led to a sharp reduction in industrial activity in many sectors, resulting in lower demand for DEG and a subsequent decline in prices. As economies recover, demand for DEG is expected to increase, which could lead to price hikes.
In recent years, the DEG market has been influenced by shifts in consumer preferences and the growing emphasis on sustainability. The increasing demand for eco-friendly products has led to a rise in the use of bio-based chemicals as alternatives to petrochemical-based products like DEG. As a result, the DEG market has faced some competition from bio-based glycols, which may exert downward pressure on prices. However, the production of bio-based glycols is still in its early stages and is often more expensive than conventional DEG production, meaning that bio-based alternatives have not yet significantly affected DEG prices on a global scale.
In conclusion, diethylene glycol prices are influenced by a multitude of factors, including raw material costs, supply and demand dynamics, production capacity, international trade policies, environmental regulations, technological advancements, and global economic conditions. As the DEG market continues to evolve, stakeholders must closely monitor these variables to make informed decisions. With the ongoing developments in sustainability and technology, the DEG market may witness further shifts in pricing trends in the future. Despite the challenges posed by market volatility, the demand for diethylene glycol is expected to remain strong across various industries, ensuring its continued importance in the global chemical market.
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#Diethylene Glycol#Diethylene Glycol Price#Diethylene Glycol Prices#Diethylene Glycol Pricing#Diethylene Glycol News
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Diethylene Glycol Price Trends: An Overview of the Industry Landscape
Diethylene Glycol (C4H10O3) is an inorganic chemical that exhibits characteristic properties of both alcohol and ether groups. It is a stable oily liquid with no color or odor. The compound is slightly viscous and non-corrosive in nature. Diethylene Glycol is a non-volatile, hygroscopic liquid that is soluble in both organic compounds and water.
The boiling point for the chemical measures around 245° C. Hydrolysis of ethylene oxide produces Diethylene Glycol (DEG), the compound comprised of two ethylene glycol molecules linked by the ether bond in between them.
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Vietnam, South Korea, and China are the primary exporting countries that export DEG. On the other hand, the key importing countries for the same are Vietnam, India, and the Philippines.
Key Details About the Diethylene Glycol Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Diethylene Glycol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The Diethylene Glycol Price Trends, including India Diethylene Glycol price, USA Diethylene Glycol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Diethylene Glycol Price Trend:
Additionally, DEG produces saturated and unsaturated polyester resins, plasticizers, and polyurethanes. It is included in various personal care products, such as lotions, creams, deodorants, etc. In medical sectors, a diluted solution of Diethylene Glycol is used as a cryoprotectant to prevent ice formation.
Key Players:
CNPC
Reliance Group
SABIC
BASF
Royal Dutch Shell PLC
News & Recent Development
Date: March 10, 2023- India's drug manufacturers banned the supply of propylene glycol sourced from a firm in Delhi that supplied the chemical to Marion Biotech, which produced cough syrup that contained an unacceptable amount of Diethylene Glycol and ethylene glycol, which turned out to be the cause for the death of 18 children at Uzbekistan.
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We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.
To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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Top Di Ethylene Glycol (DEG) Manufacturer | Leading Supplier And Manufacturer of Chemical and Petrochemical Products | Chemical Iran
Looking for a reliable diethylene glycol (DEG) manufacturer? Choose Chemical Iran, your trusted partner for top-quality chemical and petrochemical products. With years of experience, we ensure dependable service, competitive pricing, and timely delivery. Visit our website now to learn more about our wide range of offerings and how we can support your business with premium-grade DEG and other chemicals!
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Understanding Key Industrial Chemicals and Their Suppliers
In today’s industrial landscape, specific chemicals play a vital role across various sectors, from manufacturing to agriculture. This article delves into essential Barite suppliers compounds like monoethylene glycol (MEG), diethylene glycol (DEG), bentonite powder, barite powder, caustic soda, and sodium bicarbonate. We’ll explore their uses, suppliers, pricing trends, and why they matter in various industries.
What is Monoethylene Glycol?
Monoethylene glycol (MEG) is a colorless, odorless liquid. It serves multiple purposes, including:
Antifreeze in cooling systems: MEG prevents the freezing of engine coolants.
Production of polyester fibers: MEG is crucial in manufacturing PET (polyethylene terephthalate).
As a solvent in various applications: Industries use it in paints, inks, and coatings.
Pricing and Suppliers
The price of MEG fluctuates based on demand, production costs, and market trends. Recently, the average price of MEG has been around $900 to $1,100 per ton. Key suppliers and manufacturers include:
BASF
SABIC
LyondellBasell
These companies dominate the market due to their extensive production capabilities and global reach.
Diethylene Glycol: An Overview
Diethylene glycol (DEG) is another essential chemical derived from ethylene glycol. It has several industrial applications:
Used as a solvent: DEG is effective in formulations for paints and varnishes.
Manufacturing plasticizers: These additives enhance the flexibility of plastics.
In the production of resins: DEG plays a crucial role in making polyester and epoxy resins.
Market Dynamics and Prices
Currently, the price for DEG is in the range of $1,000 to $1,200 per ton. Major suppliers include:
Reliance Industries
Eastman Chemical Company
Shell Chemicals
These suppliers help maintain a steady flow of DEG into the market, meeting the demands of various sectors.
Bentonite Powder: Importance and Applications
Bentonite powder is a versatile clay material widely used in various industries, including:
Construction: It acts as a sealant for landfills and ponds.
Oil and gas: Bentonite serves as a drilling mud, aiding in the extraction of oil and natural gas.
Foundry: It is crucial in molding sand for metal casting.
Pricing and Suppliers
The price of bentonite powder typically ranges from $75 to $150 per ton, depending on quality and purity. Notable suppliers include:
Black Hills Bentonite
American Colloid Company
Ashapura Group
These manufacturers ensure a consistent supply of bentonite to meet industry demands.
Barite Powder: Essential for Drilling
Barite powder is crucial in the oil and gas industry, primarily as a weighting agent in drilling fluids. Its high density helps control pressure while drilling, preventing blowouts.
Market Pricing and Suppliers
Barite prices hover around $150 to $200 per ton. Key suppliers in the market include:
Schlumberger
Halliburton
BariteWorld
These companies provide reliable sources of barite, supporting the energy sector's needs.
Caustic Soda: A Fundamental Chemical
Caustic soda (sodium hydroxide) is a strong alkaline compound essential for various processes, including:
Manufacturing soap and detergents: It’s a key ingredient in saponification.
Chemical manufacturing: Used to produce various chemicals, including chlorine and plastics.
Pulp and paper: Caustic soda is used in the pulping process to separate lignin from cellulose.
Supplier Landscape and Pricing
The price of caustic soda generally ranges from $500 to $800 per ton. Major suppliers include:
OxyChem
Dow Chemical
Westlake Chemical
These manufacturers maintain significant production capacities, ensuring steady availability in the market.
Sodium Bicarbonate: Versatile and Essential
Sodium bicarbonate, commonly known as baking soda, has various applications:
Food industry: It serves as a leavening agent in baking.
Pharmaceuticals: Used in antacids and as a pH buffer.
Cleaning: Effective in various cleaning products due to its mild abrasive properties.
Pricing and Supplier Insights
The price of sodium bicarbonate typically ranges from $300 to $500 per ton. Key suppliers include:
Solvay
Church & Dwight
Tosoh
These suppliers play a critical role in ensuring the availability of sodium bicarbonate across sectors.
Soda Ash: An Industry Staple
Soda ash (sodium carbonate) is a fundamental chemical used in glass manufacturing, detergents, and other applications.
Supplier Landscape and Pricing
The price of soda ash generally ranges from $300 to $600 per ton. Leading suppliers include:
OCI Chemical Corporation
Ciner Resources
Tronox
These companies provide essential supplies to various industries, maintaining a robust market presence.
Conclusion
Understanding the significance Mineral and market dynamics of these chemicals is vital for industries that rely on them. From MEG and DEG to bentonite and barite powders, each chemical serves critical roles across sectors. Reliable suppliers and competitive pricing ensure that manufacturers can maintain their production processes efficiently.
This overview helps readers grasp the importance of these chemicals, their suppliers, and current market trends. By staying informed about these aspects, businesses can make better decisions regarding sourcing and production strategies.
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✨Triethylene glycol (TEG)✨
Colorless and odorless, green and environmentally friendly. Used as a solvent, extractant, desiccant, also used in printing ink as a moisture absorbent, softener, and can also be used in air conditioning system cleaning agents as a disinfectant.
Triethylene glycol is a good substitute for diethylene glycol and is safer 💪🏻
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ジエチレングリコール (Diethylene Glycol) の価格動向: 詳細なチャート、市場分析、将来の見通し
ジエチレングリコール (Diethylene Glycol) の価格はさまざまな要因の影響を受けるため、業界関係者は市場動向を常に把握しておくことが不可欠です。DEG は、不凍液、ブレーキ液の製造、樹脂や可塑剤の製造における溶剤など、さまざまな用途で使用される多用途の化学物質です。DEG の価格動向は、主に原材料のコスト、生産能力、業界全体の需要、および世界経済状況によって左右されます。
DEG 価格の主な決定要因の 1 つは、その生産に使用される主要な原材料であるエチレンオキシドのコストです。エチレンオキシドの価格は、原油と天然ガスから得られるエチレンの価格と密接に関連しています。したがって、原油価格の変動は、エチレンオキシド、ひいては DEG の生産コストに大きな影響を与えます。原油価格が上昇すると、エチレンとエチレンオキシドのコストが上昇し、DEG 価格が上昇します。逆に、原油価格が下落すると、DEG の生産コストが下がり、市場価格が下がる可能性があります。
さまざまな業界からの需要も、DEG の価格に影響を与える上で重要な役割を果たしています。不凍液および冷却剤業界は、特にこれらの製品の需要が高い厳しい冬の気候の地域で、DEG の最大の消費者の 1 つです。さらに、DEG は樹脂や可塑剤の製造における溶剤として使用されるため、その価格はプラスチックおよび建設業界の業績に左右されます。したがって、経済成長、産業生産高、建設活動レベルは、DEG の需要とその市場価格に直接影響を与える可能性があります。
生産能力と供給動向も DEG の価格に影響します。工場のメンテナンス、予期しない停止、サプライ チェーンの問題など、生産に混乱が生じると、市場での DEG の入手性が制限され、価格が上昇する可能性があります。一方、生産能力の拡大や既存工場の生産量の増加は供給を増加させ、需要が追いつかなければ価格が下がる可能性があります。
リアルタイムでジエチレングリコール (Diethylene Glycol)価格: https://www.analystjapan.com/Pricing-data/diethylene-glycol-150
世界貿易と地政学的要因も DEG の価格変動にさらに影響します。主要な生産国と消費国間の貿易政策、関税、輸出入規制は、さまざまな地域での DEG の入手性とコストに影響を与える可能性があります。さらに、為替レートは輸入原材料や完成品の価格に影響を及ぼし、現地市場での価格調整につながる可能性があります。
要約すると、ジエチレングリコールの価格は、原材料費、産業需要、生産能力、および世界経済状況の相互作用によって形成されます。DEG に依存する企業にとって、これらの要因を理解し、市場動向を監視することは、情報に基づいた調達と価格決定を行うために不可欠です。
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Glycols Market : A View of the Industry's Advancements and Opportunities
The global glycols market size is anticipated to reach USD 49.36 billion by 2026 growing at a CAGR of 5.1% from 2018 to 2026 according to a new report published by Polaris Market Research. The report ‘Glycols Market Share, Size, Trends, & Industry Analysis Report, By Product (Propylene Glycol, Ethylene Glycol (Mono-ethylene Glycol, Di-ethylene Glycol, Tri-ethylene Glycol), By Applications (Textiles, Automotive, HVAC, Medical, Airline, Others), By Regions: Segment Forecast, 2018 – 2026’provides insights on the current market scenario and the future prospects. Increasing demand for ethylene and propylene glycol is owing to its increasing demand from a many primary end-use industries.
Large volumes of ethylene glycols are consumed for manufacturing of automotive coolant or antifreeze. Ethylene glycols are non-corrosive, stable chemicals with high flash points. Propylene glycols are relatively nontoxic liquids that are practically odorless and colorless. Some of its primary applications include heat transfer fluids, paints & coatings, antifreeze coolants, functional fluids and plasticizers.
The hygroscopicity of these products makes it an important conditioning agent in in vinyl floor tiles, cork, adhesives, cellulose sponges, synthetic rubbers, printing inks and paper products. Ethylene glycol is also used in formulations development of the alkyd-type resins that has linear chain structures and even in unsaturated polyester resins. It is also used in the dehydration of natural gas. Apart from these the product has several applications in polyester, textile, HVAC, medical, airline and food & beverage industry.
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MEG is the largest volume product produced of all the ethylene glycols. Polyester grade EG are among the leading application-based product production. This product grade is used in manufacturing of PET resins, fibers and several other substances such as tire cords, textiles, soft drinks, video tapes and water containers.
The high purity and industrial grade EG are utilized in formulation of various products that require hygroscopic, solvent, or high boiling point physiognomies. Some of these end-use products include printing inks, paints, cleaners, heat transfer fluids, hydraulic fluids, and electronics. The antifreeze grade EG is one of the major primary components in manufacturing of engine coolants especially for automotive.
Diethylene glycol (DEG) has excellent solvent properties and has higher boiling point, specific gravity and viscosity. Some of the primary applications of DEG include adhesives, heat transfer fluids, cement processing and cleansers. Moreover, it is also used as a chemical intermediate in the production of polyurethanes and unsaturated polyester resins.
Application segments of these products has increased significantly over the years as a synchrony or as a result of development and production of high quality of customer specific grades of these products and hence demand for these products has been increasing and is also anticipated to increase further in the near future.
However, owing to constant price volatility in petrochemicals production over the past few years, prices of ethylene and propylene glycol has also been fluctuating over the past two years across all the regional markets. This was owing to the different demand supply trends of the product in all the regional markets and as an attempt to meet that, product prices have been significantly affected.
In 2017, Asian Pacific glycols industry faced a few challenges in terms of longer supply terms and slower market growth in the downstream polyester terephthalate (PET), polyester fiber and yarn sectors. The listing of monoethylene futured as a product in the China’s Dalian Commodity Exchange (DCE) and added certain uncertainty to MEG price movements. In 2016 as well, the Asia Pacific market experienced volatility and was a challenging market space.
However, the average global prices of MEG saw gains in the first quarter of 2017 though it stabilized by the end of the year. It was mainly due to the increase in demand for polyester fibers from other regional markets and an overall reduction in production output from the major global suppliers of MEG.
The worldwide glycols market is a competitive marketspace with moderate degree of integration across the value chain by several market players. Some of the lading market participants include ExxonMobil Corporation, Saudi Basic Industries Corporation (SABIC), Dow Dupont, Royal Dutch Shell plc, LyondellBasell Industries, Total S.A., and China Petroleum & Chemical Corporation.
Polaris Market Research has segmented the global glycols market on the basis of product, application and region:
Glycols Product Outlook (Revenue, USD Billion, 2015 – 2026)
Propylene glycol
Ethylene glycol
Mono-ethylene glycol
Di-ethylene glycol
Glycols Application Outlook (Revenue, USD Billion, 2015 – 2026)
Polyethylene
Textiles
Automotive
HVAC
Medical
Airline
Polyester Fiber & Resins
Food & Beverage
Others
Glycols Regional Outlook (Revenue, USD Billion, 2015 – 2026)
North America
S.
Canada
Europe
Germany
UK
France
Italy
Spain
Belgium
Russia
Netherlands
Rest of Europe
Asia-Pacific
China
India
Japan
Korea
Singapore
Malaysia
Indonesia
Thailand
Philippines
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Argentina
Rest of LATAM
Middle East & Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
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Mono Ethylene Glycol Market on the Rise: Projected 3.2% CAGR Growth 2023-2030
The global Mono Ethylene Glycol (MEG) market has experienced significant expansion during the historic period from 2015 to 2022 and is projected to grow at a Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period until 2030. This growth is primarily attributed to the increasing demand from various end-use industries, including Polyester Fibre and Yarn, PET Resin, and Polyester Film.
Mono Ethylene Glycol (MEG) is a slightly viscous, colorless, odorless organic compound with a sweet taste. It is also known as 1,2-ethanediol and is soluble in most organic compounds, alcohols, and water. MEG is mainly produced from Ethylene through the hydrolysis of Ethylene Oxide, along with the production of two co-products, Diethylene Glycol (DEG) and Triethylene Glycol (TEG). The feedstocks used for MEG production include natural gas, coal, naphtha, and bioethanol. MEG has various niche applications in resins, deicing fluids, heat transfer fluids, automobile antifreeze and coolants, water-based adhesives, latex paints, asphalt emulsions, electrolytic capacitors, textile fibers, pulp, and leather.
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Being awarded ‘The Product Innovator of the Year, 2023’, ChemAnalyst is an indispensable tool for navigating the risks of today's ever-changing chemicals market.
The platform helps companies strategize and formulate their chemical procurement by tracking real time prices of more than 400 chemicals in more than 25 countries.
ChemAnalyst also provides market analysis for more than 1000 chemical commodities covering multifaceted parameters including Production, Demand, Supply, Plant Operating Rate, Imports, Exports, and much more. The users will not only be able to analyse historical data but will also get to inspect detailed forecasts for upto 10 years. With access to local field teams, the company provides high-quality, reliable market analysis data for more than 40 countries.
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Diethylene Glycol Market is Expected to Grow at a CAGR of 5.12% by 2035
According to ChemAnalyst report, “Diethylene Glycol (DEG) Market Analysis: Plant Capacity, Production, Operating Efficiency, Demand & Supply, End Use, Sales Channel, Region, Competition, Trade, Customer & Price Intelligence Market Analysis, 2015-2035”, The Diethylene Glycol (DEG) market witnessed significant growth as its demand reached 3.25 million tonnes in 2020 and is anticipated to grow at a healthy CAGR of 5.12% in the span of the next ten years. Consistently increasing demand for Diethylene Glycol from various end-use industries, including paint and coatings, automotive, textiles, cosmetic and personal care, building and construction, agrochemical, and others, is likely to boost the DEG market in the forecast period. The rising demand from the flourishing plastic industry is expected to drive the market in the upcoming years.
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Diethylene glycol is a stable, colorless, odorless, poisonous, and hygroscopic liquid with the molecular formula C4H10O3. DEG is completely miscible in water and consists of four carbon dimers of ethylene glycol. It is synthesized by the partial hydrolysis of Ethylene Oxide and as a co-product of ethylene glycol (MEG) and triethylene glycol. DEG is extensively used as a solvent that makes it useful in cleaners, cement processing, heat transfer fluids, and adhesives. Diethylene Glycol is commercially used in the manufacturing of antifreeze, brake fluid, cigarettes, some dyes, and medicines. It also finds its applications in the production of saturated and unsaturated polyester resins, polyurethanes, humectants, and plasticizers.
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Diethylene Glycol (DEG) Market is segmented based on end-use, applications, distribution channel, and region. Based on various applications, the DEG market is divided into plasticizers, solvents, polyester resins, chemical intermediates, lubricants, dehydrants, cosmetic and personal care products, freezing product depressants, and others. The plasticizers segment accounts for the largest share in the DEG market around the world as it is widely used as a key raw material for various products like paper, cork, synthetic sponges, flexible PVC, etc. Rising consumption for flexible and lightweight PVC due to its massive utilization in medical devices, automotive parts, adhesive films, extruded wires, and others have bolstered the demand for Diethylene Glycol across the globe. The rising demand for DEG in the making of personal care products like skin creams, lotions, deodorants, etc., is expected to drive the market in the near future.
On the basis of end-use, the Diethylene Glycol market is segmented into plastic, paint and coatings, automotive, textiles, agrochemical, cosmetic and personal care, building and construction, and others. The plastic industry dominates the Diethylene Glycol market owing to the continuously increasing demand for plasticizers and polyurethanes across the globe. Rapidly increasing demand for DEG from the downstream automotive and paint and coatings industries is likely to drive the market in the upcoming years. Rising building and construction activities in nations like China and India will further boost the demand for DEG by the cement manufacturers, further augmenting its market in the forecast period.
Covid -19 Impact:
In 2020, due to the outbreak of COVID-19, The Diethylene Glycol market was severely affected around the globe. In terms of demand, the market showcased a downtrend due to the imposition of nationwide lockdowns and strict social distancing norms by leading authorities in several countries. Major end-use industries, including textiles, paint and coatings, automotive, and others, witnessed a downward trajectory due to the disruption in the supply chain of raw materials. The less availability of manpower has directly affected the production activities of these industries, thereby resulting in a decline in the demand for feedstock such as DEG.
Among different regions, the Asia Pacific region holds the largest share in the DEG market in 2020 and is likely to maintain its dominance until the next ten years. In emerging economies, growing industrialization along with Government spending on infrastructure development is expected to boost the demand for DEG, further propelling its market in the Asia Pacific region in the upcoming years. Rapidly increasing demand for polyester resins, polyurethanes, plasticizers, etc., from various downstream industries, including automotive, plastic, and others, will bolster the DEG market across the region. Infrastructure projects in the Asia Pacific region like the ‘Smart City Project’ are expected to drive the demand for Diethylene Glycol from the cement manufacturers in the future.
Market Players:
Reliance Industries
GC Glycol Company
BASF SE
Royal Dutch Shell PLC
Huntsman International LLC
India Glycol Limited
Indian Oil Corporation
SABIC
Lyondell Basell Industries
Mitsubishi Chemical Corporation
Acuro Organics Limited
Sibur
Indorama LLC., and Others.
“The rapidly increasing demand for Diethylene Glycol from various end-use industries including agrochemicals, cosmetic and personal care, automotive, and others is likely to boost the DEG market across the world in the upcoming years. The increasing disposable income and rising industrialization around the world has led to a rise in the demand for DEG which will propel its market in the forecast period. The government expenditure on infrastructure activities in emerging nations is likely to augment the DEG market in the future.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.
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Diethylene Glycol Prices Trend | Pricing | Database | Index | News | Chart
North America:
During the first quarter of 2024, the North American Diethylene Glycol (DEG) market experienced significant challenges that drove prices upwards. A bullish market emerged due to a limited supply caused by the closure of several production plants amid severe cold weather. The high demand in the antifreeze sector, driven by freezing temperatures, further fueled price increases. Additionally, fluctuations in raw material costs and strong demand for automobile antifreeze impacted the market.
In the United States, similar factors led to significant price changes. Prices remained stable during the first two months, supported by existing inventory levels meeting downstream demand. However, the final month of the quarter saw a surge in prices due to constrained supply exacerbated by disruptions in freight, particularly from the Red Sea incident. Price adjustments by key players, including Indorama Venture, also influenced market trends.
In summary, the DEG market in North America, particularly in the United States, saw price increases during the first quarter of 2024. Key drivers included heightened demand from downstream industries, fluctuating raw material costs, and increased freight charges. In the US, DEG prices rose by over 14% compared to the same quarter the previous year and by more than 13% compared to the preceding quarter of 2023.
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APAC:
The Diethylene Glycol (DEG) market in the APAC region witnessed steady demand during the first quarter of 2024. The market showed signs of recovery after a decline in the previous quarter, as downstream industries began to increase their demand. Although there were some concerns regarding high stock inventories, the market managed to maintain a moderate level of demand. Volatile crude oil prices impacted the prices of DEG and its derivatives. South Korea, one of the key players in the market, experienced stable supply levels, ensuring uninterrupted production activities. However, logistics freight charges slightly affected the product's price, resulting in a minor decrease in the latter half of the quarter. Despite this, sellers maintained their profit margins due to the limited availability of materials in the region. The top three factors influencing the market during the quarter were the recovery in demand from downstream industries, fluctuating crude oil prices, and limited material availability. Fortunately, no plant shutdowns were reported during this period. DEG prices in South Korea showed an 8% increase compared to the same quarter last year and a slight increase of 12% compared to the previous quarter of 2023.
Europe:
In the first quarter of 2024, the European Diethylene Glycol (DEG) market faced several factors influencing price dynamics. Plant closures led to limited supply, tightening availability, and pushing prices upwards. Multiple shutdowns across the region exacerbated these constraints. Additionally, ongoing geopolitical tensions in the Red Sea area disrupted global trade routes, driving up freight costs and further impacting DEG prices. In Germany, a key player in the European market, DEG trends were bullish. Increased demand from sectors like polyester and polyurethane collided with transportation disruptions caused by strikes and adverse weather conditions. These disruptions, coupled with plant closures, contributed to rising freight charges and logistical complexities, further impacting DEG prices in the country. As a result, the first quarter's price of DEG CFR Hamburg in Germany stood at USD 1150/MT, marking a significant increase compared to the same period the previous year and signaling positive price momentum. In summary, during the first quarter of 2024, the DEG market in Europe faced supply limitations, transportation disruptions (including strikes and adverse weather conditions), and fluctuations in feedstock prices. Germany specifically felt the effects of these factors, influencing the pricing dynamics of DEG in the region.
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Staying Competitive: Managing Ethylene Oxide Production Costs in a Global Market
The latest report titled Ethylene Oxide Production Cost by Procurement Resource, a global procurement research and consulting firm, provides an in-depth cost analysis of the production process of Ethylene Oxide.
Procurement Resource study is based on the latest prices and other economic data available. It also offers additional analysis of the report with detailed breakdown of all cost components (capital investment details, production cost details, economics for another plant location, dynamic cost model). In addition, the report incorporates the production process with detailed process and material flow, capital investment, operating costs along with financial expenses and depreciation charges.
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Procurement Resource’s detailed report describes the stepwise consumption of material and utilities along with a detailed process flow diagram. Furthermore, the study assesses the latest developments within the industry that might influence Ethylene Oxide production cost, looking into capacity expansions, plant turnarounds, mergers, acquisitions, and investments.
Procurement Resource Assessment of Ethylene Oxide Production Process:
1. Ethylene Oxide Production Cost From Catalytic Reaction Between Ethylene and Oxygen: This report gives a summary of the production process and expense assessment for ethylene glycol industrial production in a ethylene glycol manufacturing plant. This method involves the utilization of silver metal as a catalyst to react ethylene and oxygen in a reactor. This reaction produces ethylene oxide, water, carbon dioxide, as well as heat. Then, these produced gases are cooled and scrubbed with water and potassium carbonate solution. This process dissolves ethylene oxide, which is then extracted from the solution by distillation.
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2. Ethylene Oxide Production Cost From Ethylene: This report provides an overview of the production process of and expense evaluation of ethylene glycol industrial production across ethylene glycol manufacturing plant. In this method, ethylene and oxygen are reacted with each other in a reactor at temperatures ranging from 200 to 300 degrees Celsius. Further, the obtained product undergoes cooling and scrubbing by using potassium carbonate as well as water. Lastly, ethylene oxide is separated from the solution via a desorption and distillation process.
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Product Definition:
Ethylene glycol is a chemical compound represented by the formula HOCH2CH2OCH2OH. This compound is a colorless and odorless thick liquid that has low toxicity. Ethylene glycol has various applications, including automobile and textile industries. Additionally, it has three types, namely Monoethylene Glycol (MEG), Diethylene Glycol (DEG), and Triethylene Glycol (TEG). MEG has numerous applications, such as being a chemical intermediate in the production of other chemicals like polyurethanes and phthalate plasticizers. It can also be used as a coolant and heat-transfer agent, antifreeze, precursor to polymers, among others. DEG, on the other hand, is an organic compound used mainly as a precursor to polymers and as a solvent. However, DEG is toxic and can cause damage to the kidneys, liver, and central nervous system. It can also irritate the skin. Lastly, TEG is a colorless and thick liquid that is soluble in water and has a sweet taste.
Market Drivers:
The ethylene glycol market is currently experiencing a surge in demand, primarily driven by the textile and automotive industries. This increased demand can be attributed to advancements in production technology, which have made bio-based ethylene glycol a more popular and viable option. As a result, the market is expected to witness significant growth during the forecast period. The textile industry is expected to be a major contributor to this growth as it continues to expand rapidly. Additionally, the PET resin industry is also expected to see considerable growth, which will result in greater consumption of ethylene glycol. The packaging industry has also experienced a significant uptick in growth due to the changes in consumer lifestyles. As more people opt for food containers and bottles made from PET, there will be an increased demand for MEG, further boosting the ethylene glycol market.
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Procurement Resource work with a diverse range of procurement teams across industries to get real-time data and insights that can be effectively implemented by our customers. As a team of experts, we also track the prices and production costs of an extensive range of goods and commodities, thus, providing you with updated and reliable data.
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Diethylene Glycol Prices trend remained stagnant due to uncertain demand fundamentals from the downstream industry. Market of feedstock Ethylene reacts in response to the fluctuating crude oil prices in the international market. Low demand from the polyester and plastic sectors caught market participants anxious in the first quarter, resulting in dull prices of DEG. DEG prices is North America were assessed at USD 857/MT CFR Texas in February 2022. In addition, supply chain disruptions, rising energy prices, and the war between Russia and Ukraine pressurized the commodity's price, as export and import of the product in the regional market were disrupted, which resulted in weaker market sentiments.
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Exploring Key Industrial Chemicals: MEG, DEG, and More
In the world of industrial chemicals, a few substances stand out due to their versatility and importance. Monoethylene glycol (MEG) and diethylene glycol (DEG) are two key players in this space, widely used in various applications, from antifreeze to plastics. Alongside them, bentonite powder, caustic soda, sodium bicarbonate, soda ash, and barite powder are crucial materials in different industries. Understanding their uses, suppliers, manufacturers, and pricing can help businesses make informed decisions.
What is Monoethylene Glycol (MEG)?
Monoethylene glycol (MEG) is a colorless, odorless liquid that is hygroscopic (absorbs moisture from the air). It plays a vital role in several industries, including:
Textiles: Used in fiber production.
Automotive: Acts as an antifreeze and coolant.
Packaging: Serves as a precursor to polyethylene terephthalate (PET) used in plastic bottles.
Key Characteristics of MEG
Chemical Formula: C2H6O2
Boiling Point: 197.3 °C (387.1 °F)
Viscosity: Low, making it easy to handle in manufacturing processes.
MEG Suppliers and Manufacturers
When sourcing MEG, it's essential to work with reliable suppliers and manufacturers. They ensure consistent quality and supply stability. Notable MEG suppliers include large chemical companies like BASF, LyondellBasell, and SABIC. These companies maintain high production standards and provide a range of grades to meet specific industry needs.
Pricing Trends for MEG
The price of monoethylene glycol can fluctuate based on factors like:
Feedstock costs: Ethylene and natural gas prices impact MEG production costs.
Demand-supply dynamics: Seasonal demands in the automotive and textile sectors can affect pricing.
As of recent reports, the average price of MEG stands around $1,000 to $1,200 per metric ton, but it varies by region and market conditions.
Understanding Diethylene Glycol (DEG)
Diethylene glycol (DEG) is another essential glycol, similar to MEG, but with a slightly different structure and applications. DEG is mainly used in:
Solvent applications: It's a great solvent for resins and oils.
Manufacturing plastics: Acts as a plasticizer.
Antifreeze formulations: Helps lower the freezing point of fluids.
Characteristics of DEG
Chemical Formula: C4H10O3
Boiling Point: 245 °C (473 °F)
Viscosity: Higher than MEG, making it useful in specific formulations.
DEG Suppliers and Manufacturers
Top DEG suppliers include reputable companies such as OxyChem, Shell, and Eastman Chemical Company. These manufacturers offer various grades of DEG tailored for specific applications.
Current Pricing for DEG
The price of diethylene glycol can be influenced by similar factors as MEG, including global oil prices and market demand. Currently, DEG prices hover around $1,200 to $1,500 per metric ton.
Exploring Bentonite Powder
Bentonite powder is a clay material derived from volcanic ash, known for its unique properties. It's commonly used in:
Drilling fluids: Helps stabilize boreholes in the oil and gas industry.
Cat litter: Absorbs moisture and odor.
Construction: Used as a binding agent.
Bentonite Suppliers and Manufacturers
Key players in the bentonite market include American Colloid Company, Wyo-Ben, and Bentonite Performance Minerals. They provide high-quality bentonite tailored for various applications.
Pricing Trends for Bentonite
The price of bentonite varies based on quality and application but typically ranges from $100 to $300 per ton.
Caustic Soda (Sodium Hydroxide)
Caustic soda, or sodium hydroxide, is a highly versatile chemical used across multiple industries, including:
Pulp and paper: For pulping wood.
Textiles: In the dyeing process.
Food processing: As a pH regulator.
Suppliers and Manufacturers
Major caustic soda suppliers include Olin Corporation, Dow Chemical, and Koch Industries. They ensure quality and consistent supply.
Pricing for Caustic Soda
The price of caustic soda can vary widely, currently falling between $300 and $500 per ton, depending on purity and supplier.
Sodium Bicarbonate
Sodium bicarbonate, or baking soda, is a common compound with applications in:
Food: As a leavening agent.
Pharmaceuticals: In antacids.
Cleaning products: For its mild abrasive properties.
Sodium Bicarbonate Suppliers
Top suppliers include Arm & Hammer, Solvay, and Tata Chemicals. These companies provide a range of sodium bicarbonate products for different uses.
Pricing Trends
The price of sodium bicarbonate typically ranges from $200 to $400 per ton based on market demand and purity levels.
Soda Ash (Sodium Carbonate)
Soda ash is essential in glass production, detergent manufacturing, and chemical processing. It's a key ingredient that:
Acts as a flux in glass making: Lowers the melting point of silica.
Used in water treatment: Helps control acidity.
Suppliers and Manufacturers
Major players in the soda ash market include Nirma Limited, OCI Chemical Corporation, and Ciner Resources. They offer both natural and synthetic soda ash.
Pricing for Soda Ash
The price of soda ash can fluctuate but generally sits between $150 and $250 per ton.
Barite Powder
Barite powder is a mineral used primarily in the oil and gas industry for drilling fluids. Its high density makes it valuable for:
Well drilling: Stabilizes boreholes and reduces fluid loss.
Paints and coatings: Provides a white pigment.
Suppliers and Manufacturers
Notable barite suppliers Petrochemical include Schlumberger, Halliburton, and Excalibar Minerals LLC. They ensure high-quality products for the drilling industry.
Current Pricing for Barite
The price of barite typically ranges from $100 to $200 per ton, depending on quality and processing.
Conclusion
Understanding the complexities of these industrial chemicals—MEG, DEG, bentonite powder, caustic soda, sodium bicarbonate, soda ash, and barite powder—helps businesses make better purchasing decisions. Each chemical serves critical roles across various industries, and knowing the key suppliers and pricing trends is essential for effective procurement strategies. By focusing on reliable suppliers and staying informed about market dynamics, businesses can optimize their operations and maintain a competitive edge.
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Global Ethylene Glycol (EG) Market Study 2014 - 2030
Analysis of the ETHYLENE GLYCOL (EG) MARKET
A comprehensive market study on the ETHYLENE GLYCOL (EG) MARKET Market provides an overview of the demand-supply and consumption patterns of Ethylene Glycol (EG) Market across six different regions. This market study describes the Ethylene Glycol (EG) Market Market, with focus on major countries and their subsequent demand for different segments. This report on the global Ethylene Glycol (EG) Market market offers a complete overview of various factors impacting positively or negatively on the overall growth of the Keyword market.
Distinct market estimations and forecasts are presented in this comprehensive Ethylene Glycol (EG) Market market study. Various secondary sources such as encyclopedia, directories, technical handbooks, company annual reports, industry association publications, magazine articles, world economic outlook, and databases have been referred to identify and collect information useful for this extensive commercial study of Ethylene Glycol (EG) Market. Moreover, both micro-economic and macro-economic factors have been considered to arrive at growth rate and size estimation in the short and long-term forecast. Prismane Consulting supplements this with primary research. The primary sources are experts from related industries and suppliers. For market forecast, and production / plant operating rates, we assume numerous reasons that drive production including new production capacity is brought on-stream, Planned, and unplanned outages of existing capacities and Subdued demand from end-use applications.
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The current COVID-19 pandemic is causing high and rising human costs worldwide. Isolation, nationwide lockdowns, and widespread closures to stop the spread of the virus have severely impacted the economy. As a result, the global economy declined by an around of -3.5% in 2020, much worse and below the 2008-2009 subprime mortgage crisis. The global economy has grown between 5% and 6% in 2021 and 2022 due to the normalization brought in the regional economic activities on back of the fading COVID-19 pandemic and stability in the crude oil prices. The economic activities have been aided by the new policies surrounding financial, agricultural, industrial, and manufacturing sector. The report on Ethylene Glycol (EG) Market Market studies and outlines the impact of COVID-19 and presents the forecasts for the short, mid and long-term. The report also covers Macro-economic factors like GDP, Population and World Economic integration, Economic & Energy Outlook, Industry & Policy Developments, End-use Industry / Applications Market, Reasoning & Analysis, Insightful Commentary, Market Review, Comparative Analysis, Latest Trends and market developments, Key players, Strategic Issues and Recommendations, Business Opportunity Assessment and much more.
Global Ethylene Glycol Demand Supply Analysis By Type,
By Applications (Volume, Value) (2014–2030)
Strategic Issues
Capacity Analysis – Plants and Projects (2014 – 2030)
Capacity
Production
Producing Companies
Capacity Additions and Investments
Location
Salient Statistics
Technology / Process
Demand Analysis and Forecast (2014 – 2030)
Capacity
Production
Operating Rate
Import
Export
Net Trade
Demand
Demand Growth Rate (%)
Driving Force Analysis
Global Ethylene Glycol Market, By Type
Monoethylene Glycol (MEG)
Diethylene Glycol (DEG)
Triethylene Glycol (TEG)
Global Ethylene Glycol Market, By Applications
Chemical Intermediates
- Polyester
- Solvents
- Others
Antifreeze & Coolants
Others
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디에틸렌 글리콜 가격 동향: 상세 차트, 시장 분석 및 향후 전망
디에틸렌 글리콜(DEG)은 부동액 및 개인 위생 제품부터 의약품, 심지어 식품 첨가물에 이르기까지 광범위한 응용 분야를 갖춘 다용도 산업용 화학 물질입니다. DEG에 의존하는 기업의 경우, 끊임없이 변화하는 DEG 가격 환경을 탐색하는 것은 정보에 입각한 구매 결정과 비용 최적화를 위해 매우 중요합니다. 그러나 정확한 최신 DEG 가격 정보를 얻는 것은 어려울 수 있습니다.
디에틸렌 글리콜 가격에 영향을 미치는 요인
DEG 가격을 결정하는 데에는 다음과 같은 여러 요소가 중요한 역할을 합니다.
공급원료 비용: DEG 생산의 주요 원료인 에틸렌 글리콜은 최종 가격에 큰 영향을 미칩니다. 에틸렌 글리콜 가격의 변동은 DEG 가격 변동으로 직접적으로 해석됩니다. 공급 및 수요 역학: 수요와 공급에 대한 시장 힘의 상호작용은 매우 중요합니다. DEG 공급이 수요를 초과하면 가격이 하락하는 경향이 있습니다. 반대로 제한된 공급과 높은 수요는 가격을 상승시킬 수 있습니다. 원유 가격: 석유 파생상품인 원유 가격 변동은 DEG 가격에 간접적으로 영향을 미칠 수 있습니다. 에틸렌 글리콜 생산은 탄화수소에 의존하기 때문에 원유 가격 급등은 DEG 비용 증가로 이어질 수 있습니다. 지리적 위치: 운송 비용, 수입 관세 및 현지 시장 역학으로 인해 DEG 가격에 지역적 차이가 있습니다. 조달 전문가는 국제 공급업체로부터 DEG를 조달할 때 이러한 요소를 고려해야 합니다. 경쟁력 있는 디에틸렌 글리콜 가격을 찾기 위한 전략
화학 시장 분석 보고서: 평판이 좋은 화학 시장 조사 회사의 보고서를 구독하면 DEG 가격 동향, 예측 및 영향 요인 분석에 대한 귀중한 통찰력을 얻을 수 있습니다. 온라인 가격 집계자: 여러 온라인 플랫폼이 다양한 DEG 공급업체의 가격 데이터를 집계합니다. 이러한 플랫폼은 다양한 공급업체의 가격을 빠르고 편리하게 비교할 수 있는 방법을 제공할 수 있습니다. 직접적인 공급업체 커뮤니케이션: 신뢰할 수 있는 DEG 공급업체와 강력한 관계를 구축하면 가격을 직접 협상하고 잠재적으로 특히 대량 구매의 경우 더 나은 거래를 확보할 수 있습니다. 산업 협회 보고서: 화학 산업 협회는 귀중한 DEG 가격 정보가 포함된 시장 보고서를 종종 발행합니다. 리드 생성을 위한 DEG 가격 지식 활용
DEG 가격을 이해하는 것은 단순히 가장 저렴한 옵션을 찾는 것 이상입니다. 이 지식이 어떻게 리드 생성으로 전환될 수 있는지는 다음과 같습니다.
실시간 디에틸렌 글리콜(DEG) 가격 추적: https://www.analystkorea.com/Pricing-data/diethylene-glycol-deg-1094
비용 절감 파트너 되기: DEG 시장 동향에 따라 구매 결정을 최적화함으로써 잠재 고객을 위한 귀중한 파트너로 자리매김하여 고객이 비용 절감을 달성하도록 도울 수 있습니다. 효과적인 협상: DEG 가격 책정에 대한 지식을 통해 공급업체와 보다 효과적으로 협상하고 고객을 위한 최상의 거래를 확보하여 가치 제안을 강화하고 새로운 리드를 유치할 수 있습니다. 신뢰할 수 있는 공급업체 관계 구축: DEG 가격 책정에 대한 전문성을 입증하면 공급업체와의 신뢰가 강화됩니다. 이는 장기적으로 더 나은 가격 조건을 제공하고 새로운 비즈니스 기회의 문을 열어줄 수 있습니다. DEG 가격 책정을 마스터함으로써 귀하는 경쟁 우위를 확보하고 DEG 시장에서 성공적인 리드 생성 잠재력을 발휘할 수 있습니다. 정보를 지속적으로 유지하는 것은 고객의 비용을 최적화하고 원활한 공급망을 보장하여 궁극적으로 비즈니스를 번창시키는 데 핵심입니다.
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