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World - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jan 1, 2025

World - Ethylene Glycol (Ethanediol) - Market Analysis, Forecast, Size, Trends And Insights

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Nov 13, 2023

The World's Best Import Markets for Ethylene Glycol

Ethylene glycol is a versatile compound that finds extensive use in various industries such as automotive, textiles, and pharmaceuticals. It is primarily used as a raw material for the production of polyester fibers, antifreeze solutions, and resins. As the demand for these products continues to rise, so does the import market for ethylene glycol.

World's Best Import Markets for Ethylene Glycol

Based on the latest data from IndexBox platform, the world's top import markets for ethylene glycol in terms of import value in 2022 are as follows:

  1. China - $4.5 Billion
  2. India - $812.5 Million
  3. Turkey - $665.1 Million
  4. Belgium - $468.5 Million
  5. Indonesia - $294.4 Million
  6. Germany - $263.2 Million
  7. Mexico - $260.2 Million
  8. Spain - $216.2 Million
  9. United States - $214.1 Million
  10. Pakistan - $211.1 Million

These countries make up a significant portion of the global import market for ethylene glycol, collectively accounting for billions of dollars worth of imports.

China - The Largest Importer of Ethylene Glycol

China, with an import value of $4.5 billion in 2022, stands at the top of the list. The country's growing economy and rapid industrialization have fueled the demand for ethylene glycol. It is extensively used in the production of polyester fibers, which are widely used in textiles and other applications.

India follows closely as the second-largest importer of ethylene glycol, with an import value of $812.5 million. The country's expanding population and rising disposable incomes have driven the demand for polyester-based products, contributing to the import market for ethylene glycol.

Turkey is another significant importer, with an import value of $665.1 million. The country's chemical industry relies on ethylene glycol for the production of various chemicals and polymers. Its strategic location as a gateway between Europe and Asia makes it an attractive import market for ethylene glycol.

Europe's Contribution to the Global Import Market

Belgium, with an import value of $468.5 million, plays a vital role in Europe's import market for ethylene glycol. The country's chemical industry heavily relies on ethylene glycol as a raw material for the production of polyester fibers, films, and resins.

Germany, with an import value of $263.2 million, is another significant player in Europe's import market for ethylene glycol. The country's automotive and textile industries drive the demand for ethylene glycol-based products.

Spain, with an import value of $216.2 million, also contributes to Europe's import market. The country's diverse industrial sectors, including automotive, construction, and textiles, rely on ethylene glycol for various applications.

Other Key Import Markets

While China and India dominate the import market for ethylene glycol, other countries also play a significant role:

Indonesia, with an import value of $294.4 million, has witnessed a steady increase in the demand for ethylene glycol due to its growing textile and packaging industries.

Mexico, with an import value of $260.2 million, has a growing automotive sector that utilizes ethylene glycol for cooling systems and antifreeze solutions.

The United States, with an import value of $214.1 million, has a diverse range of industries that consume ethylene glycol, including pharmaceuticals, personal care products, and automotive.

Pakistan, with an import value of $211.1 million, is a promising future market for ethylene glycol. The country's growing population and expanding industrial sectors are driving the demand for ethylene glycol-based products.

In conclusion, the import market for ethylene glycol is experiencing significant growth, driven by the demand from various industries across the world. China, India, and Turkey lead the pack, followed by European countries such as Belgium, Germany, and Spain. Other countries like Indonesia, Mexico, the United States, and Pakistan also contribute to the global import market. By leveraging platforms like IndexBox, businesses can stay informed and capitalize on the opportunities presented by these import markets.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global ethylene glycol market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20142310 - Ethylene glycol (ethanediol)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

DIC Corporation, Hexion LLC, Chang Chun Plastics Co. Ltd., Mitsui Chemicals Inc., Georgia Pacific Chemicals LLC, Prefere Resins, Kolon Industries Inc., SI Group, Sumitomo Bakelite Co. Ltd, BASF, Hitachi Chemical Co. Ltd., Plastics Engineering Company, RPM International Inc., KCC Corporation, Altex Coatings Inc., Nippon Paint Marine Coatings Co., Von Roll USA Inc., Lewcott Corp., Norplex-Micarta, HA International, Opta Minerals, Perstorp Polyols, Capital Resin Corporation

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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