Triethylene Glycol Market is a natural compound that has a place in the ethylene glycol product classification. It is a liquid in actual structure and exhibits qualities such as being uncomplicated, water soluble, odorless and sticky in nature. It shows advantages in applications where less unpredictability than diethyl glycol is required and in situations where a high limit is required or high article atomic load is desired.
Triethylene glycol is also known to exhibit moisture retention properties, which is helpful for hygroscopic applications. Triethylene glycol has an important application as a petroleum gas desiccant. Triethylene glycol is also used to wick away moisture in cooling systems. Triethylene glycol’s vital role in the gasoline business makes it an important item to evaluate in terms of its worldwide market.
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It is very evident that the significant development of the worldwide compound industry recently has also contributed to the market development of triethylene glycol on a worldwide scale. Triethylene glycol also finds important uses in the composition of solvents and plasticizers, thus finding uses in the automotive industry.
The rapid development of the auto business, especially in fast-developing economies such as India, China and Southeast Asia, is intended to further fuel the transnational development of interest in triethylene glycol. Likewise, triethylene glycol has found a growing number of end products in the plastics, polymers, and rubber stores, which is currently helping manufacturers’ triethylene glycol businesses, and the pattern is expected to continue to some extent over the next few years.
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The increasing demand for triethylene glycol in the manufacture of polyester resins, polyester fibers and polyethylene terephthalate (PET) resin has also fueled the global triethylene glycol market. In addition, the use of triethylene glycol in the manufacture of alkyl resins used in the paint and pigment industry has also increased, signifying an important correlation between the growth of the paint and pigment industry and the triethylene glycol market.
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Some of the Market Players in the Global Triethylene Glycol Market are:
- Exxon Mobile
- The Dow Chemical Company
- Helm Inc
- Brenntag Netherlands BV
- Shell Chemicals
- India Glycols Limited
- TOC Glycol Company Limited
- Huntsman Corporation
- BASF SE
- Lotte Chemical Corporation
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