Regional Growth Insights: Asia-Pacific Leads Ethylene Glycol Consumption
The global ethylene glycol market size is poised for substantial growth, with forecasts indicating a market value of USD 75,303.1 million by 2034. The market, valued at USD 40,017 million in 2024, is expected to expand at a robust compound annual growth rate (CAGR) of 6.5% over the next decade. This growth trajectory highlights the increasing demand for ethylene glycol across various industrial applications and sectors. Ethylene glycol, a key organic compound, is widely used in the production of polyester fibers, antifreeze, and various industrial applications. Its versatility and efficiency make it a critical component in numerous sectors, including automotive, textiles, and construction. As industries continue to evolve and expand, the demand for ethylene glycol is expected to rise proportionally. Get Ahead with Our Report: Request Your Sample Now! https://www.futuremarketinsights.com/reports/sample/rep-gb-13820 Prominent Drivers of the Ethylene Glycol Market Rising ...