What are the main Production of glycol and its byproducts?

Get complete knowledge about India's Glycol Market In order to produce glycol, ethylene or propylene must be converted, using catalysts, to their corresponding oxides. These oxides then react with water to produce basic glycol. Byproducts like diethylene glycol (DEG), triethylene glycol (TEG), dipropylene glycol (DPG), and tripropylene glycol (TPG) are unavoidably created during this procedure as well. 


These by-products can be separated from one another using distillation or another type of purification method, and they each have their own industrial uses. Consequently, the global glycol market is expected to reach USD 42.5 billion in 2023 and increase at an average yearly rate of 7.02%, according to the Feasibility and Market Study for Chemical Sector. 

Furthermore, ethelyne glycol holds a 73.1% market share, with DEG trailing closely behind with a 9.6% revenue share in 2023. This indicates that, in addition to TEG, DPG, and TPG among others, DEG is not waste but rather a valuable commodity with unique qualities that are beneficial to a variety of international sectors. As a result, they have unique qualities that suit a range of sectors. Additionally, their value has become more widely recognized, creating a high demand that necessitates their effective recovery and purification for both process sustainability and financial feasibility. Check out the market research and Feasibility study for Chemical Sector to learn more about it. 

How Can India Watch Help You?

Reaching out to one of the top-notch and most trusted research agency that can help in gaining success. 

The India Watch can help with market research and Feasibility Study for Chemical Industry whether you are a company house, investor, or business owner intending to enter Glycol production and/or other auxiliary business in the value chain. Please feel free to email us at info@theindiawatch.com with any more questions.

Comments

Popular posts from this blog

Service Sector Needs Strategic Decision Making By Market Research

What Are The Growth Drivers And Limiting Factors In Dental Colleges In India?

What Is The Important Of A Well-Researched Feasibility Report?