Triethylene glycol (TEG) is a colorless, viscous liquid with molecular formula C6H14O4. It is soluble in water, ethanol, acetone, acetic acid, glycerine, pyridine, and aldehydes. TEG is used as a plasticizer for vinyl polymers. Plus it is used in construction materials, cleaning products, fabric, textile and leather products, paints and coatings, personal care products, and plastic products.
The global Triethylene glycol (TEG) market is segmented by type (Industrial grade, Purity 98.2%, Purity 98.5%, Purity 99.6%, and others), by application (natural gas dehydration, solvents, plasticizers, polyurethanes, polyester resins, and others), by end-user industry (automotive, agrochemicals, food and beverage, textile, personal care, pharmaceuticals, detergents, others), and by region (Asia-Pacific, North America, Europe, South America, the Middle East, and Africa).
Triethylene glycol specifications
Triethylene glycol (TEG) is an important non-volatile industrial solvent, which is also useful in the dehydration of gases, manufacture of insecticides and in the synthesis of some organic derivatives. It is generated as a byproduct during the oxidation process of ethylene at high temperatures, and in the presence of silver oxide acting as a catalyst.
TEG specifications | |
CAS No. | 112-27-6 |
HS Code | 29094900 |
Packaging | Drum |
Triethylene glycol (TEG) market
The global Triethylene glycol market was valued at USD 806 million in 2022 and is expected to grow at a CAGR of 3.6% from 2023 to 2032. Triеthylеnе glycol function in the oil & gas industry sector makes it an essential commodity.
In terms of market share, Asia-Pacific dominates the triethylene glycol (TEG) market. This is due to the natural gas exploration in China and India. China and India are the fastest growing countries in this region.
Triethylene glycol (TEG) market, by application
Based on application, the Triethylene glycol market has been segmented into:
- Natural gas dehydration
- Solvents
- Plasticizers
- Polyurethanes
- Polyester Resins
- Others
One of the important uses for Triethylene glycol is natural gas dehydration. Triеthylеnе glycol is essential for extracting water vapor from natural gas streams in the natural gas processing. The market share of Triеthylеnе glycol in natural gas dehydration applications is expected to exponentially increase as the demand for natural gas rises internationally due to rising industrialization.
Triethylene glycol (TEG) market, by region
Based on region, the Triethylene glycol market has been segmented into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Asia-Pacific dominates the triethylene glycol (TEG) market in terms of market share. China and India are the fastest growing countries in this region. North America holds the second largest market after Asia Pacific in Triethylene glycol (TEG) market, due to the rising trend for natural gas-based power plants in Canada and the U.S.
Triethylene glycol (TEG) market, by end-user industry
Based on end-user industry, the TEG market is segmented into:
- Automotive
- Agrochemicals
- Food and beverage
- Textile
- Personal care
- Pharmaceuticals
- Detergents
- Others
The textile segment dominated TEG market with a market share of around 48% in 2022. In the textile sector, Triеthylеnе glycol is used in the manufacturing fiber, dyeing, and finishing techniques. Triеthylеnе glycol market share in textile applications is anticipated to grow the most during the forecast years.
Triethylene glycol (TEG) market drivers
The primary driver of the global Triethylene glycol market is the rising demand across various end-user industries. This market growth is largely due to the expanding use of plastics in different industries. As plastics become an integral part of our lives, the need for plasticizers has increased. TEG is a key component in plasticizer formulations.
Triethylene glycol (TEG) market opportunities
The rising demand for triethylene glycol (TEG) in the automotive industry is expected to drive the growth of the global market. TEG has a significantly lower melting point than water, preventing engines from freezing in winter and serving as a coolant to avoid overheating in summer. Plus, TEG is used in vehicles to absorb combustion heat, which is anticipated to create lucrative opportunities for the global TEG market. These applications will generate valuable opportunities for market growth and significantly enhance the TEG market.
FAQ
What are different types of Triethylene glycol (TEG) available in the Market?
Based on type, the Triethylene glycol market has been segmented into industrial grade, purity 98.2%, purity 98.5%, purity 99.6%, and others.
What is the Triethylene glycol (TEG) Market size?
The global Triethylene glycol market was valued at USD 806 million in 2022 and is expected to grow at a CAGR of 3.6% from 2023 to 2032.
What is the fastest growing region in Triethylene glycol (TEG) market?
In terms of market share, Asia-Pacific dominates the triethylene glycol (TEG) market. This is due to the natural gas exploration in China and India. China and India are the fastest growing countries in this region.
What is Triethylene glycol (TEG)?
Triethylene glycol (TEG) is an organic compounds belonging to the alcohol family. It is a water-soluble, transparent, viscous and odourless liquid which is completely miscible with water as well as other liquids. TEG is used in those applications in which require a low volatility and high boiling point than diethylene glycol.
What is the CAS number of TEG?
The CAS number of TEG is 112-27-6.