The global glycols market size is expected to reach USD 89.80 billion by 2034, according to a new study by Polaris Market Research. The report “Glycols Market Size, Share, Trends, Industry Analysis Report: By Product (Propylene Glycol and Ethylene Glycol), Application, End-Use Industry, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Glycol is a viscous, colorless, and odorless organic chemical compound. It is widely used in antifreeze solutions, cosmetics, printing inks, de-icing agents, textiles, and brake fluids. Ethylene glycol, propylene glycol, dipropylene glycol, and triethylene glycol are some commonly used glycol types.
The expanding packaging industry, fueled by changing consumer tastes and the swift rise in e-commerce, is propelling the growth of the glycols market. Glycols such as ethylene glycol and polyethylene glycol are important in packaging, functioning as humectants, solvents, or coatings. Furthermore, the increasing need for propylene glycol in the cosmetics, pharmaceuticals, and food & beverage industries is aiding the growth of the glycols market expansion.
As it is a non-toxic solvent, propylene glycol finds extensive use in pharmaceutical, food and beverage, and personal care goods. The development of the glycol market is progressing because of its wide application in numerous end-use sectors, such as aircraft de-icing, construction (HVAC systems, insulation), and packaging (PET resins). Rising demand from sectors like textiles, packaging, and growing polyester fiber production, along with the need for sustainable solutions, is generating numerous opportunities in the glycol market.
Do you have questions? Request a sample or make an inquiry before buying this report by clicking the link below: https://www.polarismarketresearch.com/industry-analysis/glycols-market/request-for-sample
By Product Outlook (Revenue – USD Billion, 2020–2034)
By Application Outlook (Revenue – USD Billion, 2020–2034)
By End-Use Industry Outlook (Revenue – USD Billion, 2020–2034)
By Regional Outlook (Revenue – USD Billion, 2020–2034)
Report Attributes |
Details |
Market Size Value in 2024 |
USD 48.16 billion |
Market Size Value in 2025 |
USD 50.95 billion |
Revenue Forecast by 2034 |
USD 89.80 billion |
CAGR |
6.50% from 2025 to 2034 |
Base Year |
2024 |
Historical Data |
2020–2023 |
Forecast Period |
2025–2034 |
Quantitative Units |
Revenue in USD billion and CAGR from 2025 to 2034 |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
|
Regional Scope |
|
Competitive Landscape |
|
Report Format |
|
Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
For Specific Research Requirements |