×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

US Glycol Market

ID: MRFR/CnM/16933-HCR
100 Pages
Garvit Vyas
October 2025

US Glycol Market

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

US Glycol Market Infographic
Purchase Options

US Glycol Market Summary

As per Market Research Future analysis, the US glycol market Size was estimated at 9.5 USD Billion in 2024. The US glycol market is projected to grow from 10.19 USD Billion in 2025 to 20.59 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 7.2% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US glycol market is experiencing a robust growth trajectory driven by sustainability and technological advancements.

  • Sustainability initiatives are increasingly shaping the US glycol market, reflecting a broader commitment to environmental responsibility.
  • The automotive sector remains the largest segment, with a notable rise in demand for antifreeze solutions contributing to market expansion.
  • Technological advancements are fostering innovation, particularly in the production processes of glycol derivatives.
  • Rising demand for antifreeze solutions and the expansion of chemical manufacturing are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 9.5 (USD Billion)
2035 Market Size 20.59 (USD Billion)
CAGR (2025 - 2035) 7.29%

Major Players

BASF SE (DE), Dow Inc. (US), LyondellBasell Industries N.V. (NL), SABIC (SA), Eastman Chemical Company (US), Huntsman Corporation (US), Ineos Group Limited (GB), Oxea GmbH (DE), Formosa Plastics Corporation (TW)

US Glycol Market Trends

The glycol market in the United States is currently experiencing notable shifts driven by various factors. The demand for glycol, particularly ethylene glycol and propylene glycol, is influenced by its extensive applications in industries such as automotive, construction, and consumer goods. As environmental regulations become more stringent, manufacturers are increasingly focusing on sustainable production methods and bio-based alternatives. This transition appears to be reshaping the competitive landscape, as companies strive to meet both regulatory requirements and consumer preferences for greener products. Furthermore, the ongoing advancements in technology are likely to enhance production efficiency, potentially lowering costs and increasing availability in the market. In addition, the glycol market is witnessing a rise in demand from the automotive sector, where glycol serves as a key component in antifreeze and coolant formulations. The growth of electric vehicles may also impact the market, as these vehicles require different cooling solutions. Overall, the current trends suggest a dynamic environment where innovation and sustainability are at the forefront, indicating a promising outlook for the glycol market in the United States.

Sustainability Initiatives

There is a growing emphasis on sustainable practices within the glycol market. Companies are exploring bio-based alternatives to traditional glycol products, aiming to reduce environmental impact. This trend aligns with increasing consumer demand for eco-friendly solutions and stricter regulations on chemical production.

Technological Advancements

Innovations in production technologies are transforming the glycol market. Enhanced manufacturing processes are likely to improve efficiency and reduce costs. These advancements may also facilitate the development of new applications for glycol, further expanding its market reach.

Automotive Sector Growth

The automotive industry continues to be a significant driver of demand for glycol products. As vehicle technologies evolve, particularly with the rise of electric vehicles, the requirements for cooling solutions are changing. This shift may lead to new opportunities within the glycol market.

Market Segment Insights

By Product: Ethylene Glycol (Largest) vs. Propylene Glycol (Fastest-Growing)

In the US glycol market, the distribution of market share is significantly tilted towards ethylene glycol, which holds a dominant position thanks to its wide-ranging applications in antifreeze and coolant production. On the other hand, propylene glycol, while representing a smaller share, is rapidly capturing attention due to its increasing usage in food additives, pharmaceuticals, and cosmetic products. This shift in preferences is reshaping the competitive landscape, driving more investments into the propylene glycol segment. Looking ahead, the growth trends in the US glycol market indicate a robust future for both segments, fueled by rising demand in various industrial applications. Ethylene glycol is expected to maintain its supremacy, supported by continuous innovations in production processes that enhance its economic viability. In contrast, propylene glycol is gaining momentum as consumers favor safer and more eco-friendly alternatives, particularly in food and personal care sectors. This dual growth, albeit at different rates, positions both segments favorably in the evolving market dynamics.

Ethylene Glycol: Dominant vs. Propylene Glycol: Emerging

Ethylene glycol is positioned as the dominant player in the US glycol market, owing to its extensive applications, primarily in the automotive and manufacturing industries. Its stability in pricing and availability ensures consistent demand, solidifying its status over the years. Conversely, propylene glycol is recognized as an emerging segment driven by health-conscious consumer trends. Its versatility allows it to be utilized in food, pharmaceuticals, and cosmetics, attracting investment and innovation. As regulations around food safety and environmental concerns tighten, propylene glycol's appeal is likely to surge, marking a significant shift in the market landscape.

By Application: Automotive (Largest) vs. HVAC (Fastest-Growing)

The US glycol market exhibits a diverse application segment with Automotive leading the charge, enjoying a significant share compared to other applications. The HVAC sector, while smaller in size, shows remarkable growth potential as energy efficiency standards evolve and climate control needs increase. Among the other applications, Textiles, Airlines, and Medical also contribute notably to the market, showcasing varied preferences and usage patterns. In recent years, the growth in the US glycol market has been driven primarily by technological advancements in Automotive and rising demand for efficient HVAC solutions. The shift towards sustainable practices in industries such as Food and Beverage further bolsters the market. Additionally, the increasing need for effective pipeline maintenance and the expansion of the textile industry are expected to fuel demand, positioning these sectors as key players in the overall growth landscape.

Automotive: Dominant vs. HVAC: Emerging

The Automotive sector stands as the dominant application within the US glycol market, leveraging its extensive use in engine cooling and antifreeze formulations. This segment benefits from the growing automotive industry, which places high importance on efficient thermal management systems. Conversely, the HVAC sector is emerging as a significant player, driven by enhanced focus on energy efficiency and environmental sustainability. Its use in cooling systems is expected to grow rapidly, fueled by innovations in technology. As infrastructure development accelerates, HVAC applications are likely to experience heightened demand, further solidifying their place in the market. The balance between these two segments highlights the dynamic nature of application-specific needs within the US glycol market.

By End User: Automotive and Transportation (Largest) vs. Cosmetics (Fastest-Growing)

The market share distribution among the end user segments in the US glycol market indicates that Automotive and Transportation is the largest segment, reflecting a strong demand driven by vehicle production and maintenance needs. Segments such as Packaging and Food and Beverage follow closely, benefiting from increased product demand. In contrast, Cosmetics and Pharmaceuticals segments showcase steady growth amidst changing consumer preferences toward sustainable and functional products, enhancing their market presence. Growth trends in the US glycol market are largely propelled by modernization in the Automotive sector, which makes significant use of glycols for antifreeze and other vital applications. Additionally, the Cosmetics segment is accelerating, fueled by innovative product formulations and a rising inclination towards organic ingredients among consumers. This shift indicates increasing opportunities for growth across both established and emerging segments as market dynamics evolve.

Automotive and Transportation (Dominant) vs. Cosmetics (Emerging)

The Automotive and Transportation segment is characterized by its extensive utilization of glycols for various applications, particularly as coolants and antifreeze agents. This segment dominates the US glycol market due to a steadily increasing vehicle population and the concurrent demand for effective maintenance products. Its established position is further supported by ongoing automotive innovations that demand high-quality glycol products. Conversely, the Cosmetics segment represents an emerging market within the US glycol market, gaining traction as consumers prioritize skincare and beauty formulation products with glycol-based ingredients. The shift towards clean and green formulations, along with growing awareness regarding the benefits of glycol, positions this segment for significant growth, attracting both established brands and new entrants into the market.

Get more detailed insights about US Glycol Market

Key Players and Competitive Insights

The glycol market exhibits a dynamic competitive landscape characterized by a blend of innovation, strategic partnerships, and regional expansion. Key players such as Dow Inc. (US), BASF SE (DE), and Eastman Chemical Company (US) are at the forefront, each employing distinct strategies to enhance their market positioning. Dow Inc. (US) focuses on sustainability and digital transformation, aiming to reduce its carbon footprint while optimizing production processes. BASF SE (DE) emphasizes innovation through research and development, particularly in bio-based glycols, which aligns with the growing demand for sustainable products. Eastman Chemical Company (US) is actively pursuing strategic partnerships to bolster its supply chain resilience and expand its product offerings, thereby enhancing its competitive edge.

The market structure appears moderately fragmented, with several players vying for market share. Key tactics such as localizing manufacturing and optimizing supply chains are prevalent among these companies, allowing them to respond swiftly to regional demands and fluctuations in raw material prices. The collective influence of these major players shapes the competitive environment, fostering a landscape where agility and responsiveness are paramount.

In October 2025, Dow Inc. (US) announced a significant investment in a new production facility aimed at increasing its capacity for sustainable glycol production. This strategic move is likely to enhance Dow's ability to meet the rising demand for eco-friendly products, positioning the company as a leader in sustainability within the glycol market. The investment underscores Dow's commitment to innovation and aligns with broader industry trends towards greener alternatives.

In September 2025, BASF SE (DE) launched a new line of bio-based glycols derived from renewable resources. This initiative not only reflects BASF's dedication to sustainability but also addresses the increasing consumer preference for environmentally friendly products. The introduction of bio-based options may potentially reshape market dynamics, as competitors may need to adapt their offerings to remain relevant in a rapidly evolving landscape.

In August 2025, Eastman Chemical Company (US) entered into a strategic partnership with a leading technology firm to enhance its digital capabilities in production and supply chain management. This collaboration is expected to streamline operations and improve efficiency, allowing Eastman to respond more effectively to market demands. The integration of advanced technologies could provide Eastman with a competitive advantage, particularly in an environment where digitalization is becoming increasingly critical.

As of November 2025, current trends in the glycol market are heavily influenced by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are playing a crucial role in shaping the competitive landscape, enabling companies to leverage shared resources and expertise. Looking ahead, it appears that competitive differentiation will increasingly hinge on innovation and technology rather than solely on price. Companies that prioritize sustainable practices and invest in advanced technologies are likely to emerge as leaders in this evolving market.

Key Companies in the US Glycol Market market include

Future Outlook

US Glycol Market Future Outlook

The glycol market is projected to grow at a 7.29% CAGR from 2024 to 2035, driven by increasing demand in automotive and industrial applications.

New opportunities lie in:

  • Development of bio-based glycol products to meet sustainability goals.
  • Expansion of glycol distribution networks in emerging markets.
  • Investment in advanced glycol production technologies for cost efficiency.

By 2035, the glycol market is expected to achieve robust growth, driven by innovation and strategic investments.

Market Segmentation

US Glycol Market Product Outlook

  • Ethylene Glycol
  • Propylene Glycol

US Glycol Market End User Outlook

  • Automotive and Transportation
  • Packaging
  • Food and Beverage
  • Cosmetics
  • Pharmaceuticals
  • Textile
  • Others

US Glycol Market Application Outlook

  • Automotive
  • HVAC
  • Textiles
  • Airlines
  • Medical
  • Pipeline Maintenance
  • Polyester Fibers and Resins
  • Food and Beverage
  • Others

Report Scope

MARKET SIZE 20249.5(USD Billion)
MARKET SIZE 202510.19(USD Billion)
MARKET SIZE 203520.59(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)7.29% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies Profiled["BASF SE (DE)", "Dow Inc. (US)", "LyondellBasell Industries N.V. (NL)", "SABIC (SA)", "Eastman Chemical Company (US)", "Huntsman Corporation (US)", "Ineos Group Limited (GB)", "Oxea GmbH (DE)", "Formosa Plastics Corporation (TW)"]
Segments CoveredProduct, Application, End User
Key Market OpportunitiesGrowing demand for bio-based glycols driven by sustainability initiatives and regulatory support.
Key Market DynamicsRising demand for bio-based glycols driven by sustainability initiatives and regulatory pressures in the US market.
Countries CoveredUS

Leave a Comment

FAQs

What is the expected market size of the US Glycol Market in 2024?

The US Glycol Market is expected to be valued at 8.0 USD Billion in 2024.

What will be the market size of the US Glycol Market by 2035?

By 2035, the US Glycol Market is anticipated to reach a valuation of 18.0 USD Billion.

What is the expected CAGR for the US Glycol Market from 2025 to 2035?

The expected CAGR for the US Glycol Market from 2025 to 2035 is 7.651 percent.

Which product segment will dominate the US Glycol Market?

Ethylene Glycol is projected to be the dominant product segment in the US Glycol Market.

What are the expected values for Ethylene Glycol and Propylene Glycol in 2024?

Ethylene Glycol is expected to be valued at 4.5 USD Billion and Propylene Glycol at 3.5 USD Billion in 2024.

What will be the market value for Ethylene Glycol by 2035?

By 2035, the market value for Ethylene Glycol is expected to rise to 10.2 USD Billion.

What will be the expected market size for Propylene Glycol by 2035?

The expected market size for Propylene Glycol by 2035 is projected to be 7.8 USD Billion.

Who are the key players competing in the US Glycol Market?

Key players in the US Glycol Market include ExxonMobil, Shell, Reliance Industries, and BASF among others.

What are the key applications driving the US Glycol Market's growth?

Key applications driving growth in the US Glycol Market include antifreeze, solvents, and plasticizers.

What challenges are currently faced by the US Glycol Market?

The US Glycol Market faces challenges such as fluctuating raw material prices and environmental regulations.

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions