Ethylene Glycol Market 2022: Global Price Analysis, Size, Share, Demand, Growth, Trends, and Report 2027
The latest report by IMARC Group, titled "Ethylene Glycol Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global ethylene glycol market price . The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global ethylene glycol market size reached US$ 42.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 55.4 Billion by 2027, exhibiting a growth rate (CAGR) of 4.57% during 2022-2027. Ethylene glycol represents a transparent and slightly viscous chemical compound that is usually used as an industrial coolant and antifreeze. It is also utilized as a raw material for the production of polyester fibers, fiberglass, polyethylene terephthalate resin, etc., that find extensive applications in the manufacturing of upholstery, bowling balls, bathtubs, packaging materials, etc....