The global demand for TEG as solvents was estimated to be 13 kilo tons in 2010 which is expected to reach 18.1 kilo tons by 2018, growing at a CAGR of 4.5% from 2013 to 2018. The market is mainly driven by the growing use of aromatics and textile solvents which uses TEG.
Albany, NY -- (SBWIRE) -- 07/06/2016 -- The report titled" Triethylene Glycol (TEG) Market – Global Industry Size, Market Share, Trends, Analysis and Forecast, 2012 – 2018" is an effort to determine the demand and supply of triethylene glycol (TEG) at global scenario. The application market of TEG in the report is segmented as natural gas dehydration, plasticizers, solvents, polyurethanes, polyester resins and humectants, and determine the market for each of the segment in terms of volumes and revenues along with their market estimates and forecast from 2010 to 2018.
The study segments the market by key regions including North America, Europe, Asia Pacific, Middle East and North America (MENA) and others, providing regional drivers, restraints and challenges along with market volumes and revenues from 2010 to 2018. The report focuses and provides in depth analysis of the TEG market in Gulf Council Cooperation (GCC) market for TEG and in addition measures the performance of the TEG market in the Kingdom of Saudi Arabia (KSA). The report also provides an in depth analysis of GCC and KSA's TEG production volumes and analyzes the supply demand scenario existing in the region.
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The research report also include in depth competitive analysis. One of the competitive analysis tools included in this report is Porter's five forces analysis, analyzing the bargaining power of suppliers and buyers, threat from new entrants and substitutes and the degree of competition existing among the participants in the market. We have also included company market share for global TEG manufacturers in order to provide the best competitive analysis tool to our client. This report offers a detailed value chain analysis covering the supply lead time across various consumer regions, supply chain networks, supply bottlenecks, changes in lead time and price break up from factory to sales.
The market estimates and forecast for each segment of the report are derived from initial secondary research and to further validate our derived results, we have interviewed C-level executives of major companies operating in the triethylene glycol market through means of primary research to come up with our final results. Some of the companies profiled in this report includes Akzonobel, Dow Chemicals, Huntsman Corporation, Sinopec, BASF, Clariant AG, Formosa Plastic Group, Honam Petrochemical Corporation, Ineos, LyondellBasell, Royal Dutch Shell, SABIC and Exxon Mobil. This report also provides separate profiles for major companies operating in the GCC TEG market. The company profiles provide business overview, financial overview, business strategies, SWOT analysis and recent developments of all the companies mentioned above.
The report provides in-depth competitive landscape, trend analysis by application segments and demand by geography. The report covers all the major application segments of the TEG market and provides detailed analysis along with factors driving and restraining the global and regional market for TEG. The research presents a detailed and comprehensive assessment of the stakeholder strategies and winning imperatives by segmenting the TEG market.
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Inflation is not a part of pricing in this report. Prices of triethylene glycol vary in each region; hence, a similar volume to revenue ratio does not follow for each individual region. For the research report, we conducted in-depth interviews and discussions with a wide range of key industry participants and opinion leaders. Primary research represented the bulk of research efforts, supplemented by an extensive secondary research. We reviewed key players' product literature, annual reports, press releases and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations and agencies. This has proven to be the most reliable, effective and successful approach for obtaining precise market data, capturing industry participants' insights and recognizing business opportunities.
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