Europe Ethylene Glycol Market Overview
Ethylene Glycol Market in Europe is expected to grow in near future due to its usage as a component in the production of polyesters, especially polyester fibers and bottle resins made of polyethylene terephthalate (PET), and as an anti-freeze component in the automotive sector. Ethylene glycol is a chemical that is very soluble in water and reduces the freezing point of water therefore it is also applied minorly to de-ice fluids and as an ingredient in photographic solutions and inks. However, fluctuation in prices is likely to restrain the Europe Ethylene Glycol Market Growth.
According to 6Wresearch Europe Ethylene Glycol Market size is projected to witness substantial growth in 2019-2025. Growing usage of ethylene glycol in various chemical reactions is driving the Europe Ethylene Glycol Market Growth. The surging expansion of the textile and resin products industries is accelerating the development of the industry. Moreover, Ethylene glycol is used as an antifreeze and dewatering agent which is further boosting the growth of the market.
Key Highlights of the Report:
- Europe Ethylene Glycol Market Overview
- Europe Ethylene Glycol Market Outlook
- Europe Ethylene Glycol Market Forecast
- Historical Data of Europe Ethylene Glycol Market Revenues & Volume for the Period 2015-2018
- Europe Ethylene Glycol Market Size and Europe Ethylene Glycol Market Forecast of Revenues & Volume, Until 2025
- Historical Data of Europe Ethylene Glycol Market Revenues and Volume, By Types, for the Period 2015-2018
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