ChemAnalyst Market Research Report

North America In the fourth quarter of 2023, the Diethylene Glycol (DEG) market in North America experienced a mix of challenges and opportunities.  The market was primarily affected by disruptions in both supply and demand, leading to fluctuating prices. First, the overall supply of DEG in the region remained low to moderate, with concerns about sluggish growth in production due to a decrease in new orders and subdued export markets. On the demand side, there was moderate to high demand from various industries, including the antifreeze sector, which showed signs of a gradual recovery. However, there was sluggish demand from the downstream polyester resin and plastic sectors. Additionally, the market experienced fluctuations in feedstock prices, which had a cascading effect on DEG prices.   In the USA, the largest market in the region,  Diethylene Glycol prices  saw a slight increase in October and November, followed by a decrease in December. The price change f...

North America In the fourth quarter of 2023, the Diethylene Glycol (DEG) market in North America experienced a mix of challenges and opportunities.  The market was primarily affected by disruptions in both supply and demand, leading to fluctuating prices. First, the overall supply of DEG in the region remained low to moderate, with concerns about sluggish growth in production due to a decrease in new orders and subdued export markets. On the demand side, there was moderate to high demand from various industries, including the antifreeze sector, which showed signs of a gradual recovery. However, there was sluggish demand from the downstream polyester resin and plastic sectors. Additionally, the market experienced fluctuations in feedstock prices, which had a cascading effect on DEG prices.   In the USA, the largest market in the region, DEG prices saw a slight increase in October and November, followed by a decrease in December. The price change from the previous...

Diethylene Glycol (DEG), a crucial chemical compound with the molecular formula C4H10O3, occupies a pivotal position in various industries, and comprehending its market price dynamics is essential for stakeholders navigating this intricate landscape. As a versatile solvent, humectant, and chemical intermediate, Diethylene Glycol is integral to applications in the production of resins, plastics, textiles, and as a coolant in industrial processes. The market price of Diethylene Glycol is intricately tied to the demand emanating from these diverse sectors. The plastics and resins industry significantly influences the pricing of Diethylene Glycol due to its application as a key component in the production of polyester resins. Polyester resins, derived from the reaction of DEG with phthalic anhydride or terephthalic acid, find extensive use in the manufacturing of fiberglass-reinforced plastics, laminates, and coatings. Fluctuations in construction activities, infrastructure projects, or co...

Diethylene Glycol (DEG) is a crucial chemical compound with widespread applications across various industries, playing a pivotal role in the global market. As we delve into the dynamics of the Diethylene Glycol market price, it's imperative to understand the multifaceted factors influencing its fluctuations. The global Diethylene Glycol market is intricately linked to the broader chemical industry, where it serves as a versatile and indispensable component. With a molecular formula of C4H10O3, DEG is a colorless, odorless, and hygroscopic liquid, characterized by its miscibility in water and various organic solvents. One of the primary drivers of the Diethylene Glycol market price is its role as a key intermediate in the production of polyester resins. Polyester resins, derived from DEG, find extensive use in the manufacturing of various products, including plastics, fibers, and packaging materials. The demand for these end-use products, in turn, influences the Diethylene Glycol ma...