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US Mono Ethylene Glycol Market

ID: MRFR/CnM/13014-HCR
100 Pages
Chitranshi Jaiswal
October 2025

US Mono Ethylene Glycol Market Research Report By Technology (Gas-Based, Naphtha-Based, Coal-Based, Bio-Based), By Function (Chemical Intermediate, Solvent Coupler, Solvent, Humectant) and By Application (Polyester Fiber, PET Products, Antifreeze Coolant, Industrial) - Forecast to 2035

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US Mono Ethylene Glycol Market Infographic
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US Mono Ethylene Glycol Market Summary

As per Market Research Future analysis, the US mono ethylene-glycol market size was estimated at 5.8 USD Billion in 2024. The US mono ethylene-glycol market is projected to grow from 6.13 USD Billion in 2025 to 10.65 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.6% during the forecast period 2025 - 2035

Key Market Trends & Highlights

The US mono ethylene-glycol market is experiencing a shift towards sustainability and technological innovation.

  • Sustainability initiatives are increasingly shaping production processes and consumer preferences in the mono ethylene-glycol market.
  • The automotive sector remains the largest segment, driving substantial demand for mono ethylene-glycol in various applications.
  • Technological advancements are fostering efficiency and reducing costs, contributing to market volatility.
  • Rising demand from the automotive sector and the expansion of PET production are key drivers propelling market growth.

Market Size & Forecast

2024 Market Size 5.8 (USD Billion)
2035 Market Size 10.65 (USD Billion)
CAGR (2025 - 2035) 5.68%

Major Players

SABIC (SA), Dow (US), LyondellBasell (US), BASF (DE), Eastman Chemical (US), Formosa Plastics (TW), Reliance Industries (IN), Ineos (GB), Mitsui Chemicals (JP)

US Mono Ethylene Glycol Market Trends

The mono ethylene-glycol market is currently experiencing notable shifts driven by various factors. Demand for this chemical compound, primarily utilized in antifreeze and as a precursor for polyester fibers, appears to be on an upward trajectory. This trend is likely influenced by the automotive and textile industries, which are increasingly relying on mono ethylene-glycol for their production processes. Additionally, the growing emphasis on sustainability may lead to innovations in production methods, potentially enhancing the market's appeal. Furthermore, fluctuations in raw material prices could impact the overall cost structure, thereby affecting market dynamics. In November 2025, the landscape of the mono ethylene-glycol market seems to be shaped by evolving consumer preferences and regulatory frameworks. The push for eco-friendly alternatives may drive manufacturers to explore bio-based sources of mono ethylene-glycol, which could alter traditional supply chains. Moreover, the ongoing developments in technology and production efficiency might result in lower operational costs, thereby influencing pricing strategies. As the market adapts to these changes, stakeholders must remain vigilant to capitalize on emerging opportunities while navigating potential challenges.

Sustainability Initiatives

The mono ethylene-glycol market is witnessing a shift towards sustainable practices. Manufacturers are increasingly exploring bio-based alternatives to traditional petrochemical sources. This trend is driven by consumer demand for environmentally friendly products and regulatory pressures aimed at reducing carbon footprints. As a result, companies may invest in research and development to create greener production methods.

Technological Advancements

Innovations in production technology are likely to play a crucial role in shaping the mono ethylene-glycol market. Enhanced processes may lead to increased efficiency and reduced costs, allowing manufacturers to optimize their operations. These advancements could also facilitate the development of higher-quality products, meeting the evolving needs of various industries.

Market Volatility

The mono ethylene-glycol market may experience fluctuations due to changes in raw material prices. Factors such as geopolitical tensions, supply chain disruptions, and shifts in demand can contribute to this volatility. Stakeholders must remain adaptable to navigate these challenges, ensuring stability in their operations and pricing strategies.

Market Segment Insights

By Product Technology: Gas-Based (Largest) vs. Bio-Based (Fastest-Growing)

In the US mono ethylene-glycol market, the distribution of market share among different product technologies illustrates a diverse landscape. Gas-based technology stands out as the largest segment, dominating the market due to its established infrastructure and cost efficiency. Meanwhile, naphtha-based technology maintains a significant share, though it faces competition from emerging alternatives like bio-based technology, which carve out their niche by appealing to sustainability trends. The growth trends in this segment are heavily influenced by evolving regulatory standards and increasing demand for eco-friendly product solutions. Bio-based technology, in particular, is gaining momentum as it aligns with consumer preferences for sustainable products, while gas and naphtha-based technologies are adapting to maintain relevance. This dynamic environment is paving the way for innovative advancements and shifts in market leadership.

Gas-Based (Dominant) vs. Bio-Based (Emerging)

Gas-based technology characterizes the dominant market segment in the US mono ethylene-glycol market. Its primary appeal lies in the availability of natural gas, complemented by mature production processes that ensure reliability and cost-effectiveness. Consumers appreciate its high efficiency and low emissions compared to other fossil fuel-based alternatives. Conversely, bio-based technology is considered an emerging segment that is rapidly gaining traction. Driven by market demand for sustainable and renewable products, bio-based mono ethylene-glycol presents a compelling alternative. Although currently a smaller player, its growth potential is significant, positioning it as a forward-looking contender as industries transition towards greener practices. Investment in research and development further fuels bio-based technology’s competitive edge.

By Battery Function: Chemical Intermediate (Largest) vs. Humectant (Fastest-Growing)

In the US mono ethylene-glycol market, the distribution of market share among the battery function segments illustrates a strong dominance of Chemical Intermediate, which holds a significant share, while Humectant is rapidly gaining traction as the fastest-growing segment. Solvent Coupler and Solvent follow, contributing to the diversity of applications within the market, yet lag behind the top two segments in share. Growth trends for this segment are being driven by increasing demand for battery applications, particularly in automotive and electronics. The rising need for more efficient energy storage solutions and advancements in battery technology contribute to the growth of Chemical Intermediate, while Humectant shows promise as consumer preferences shift towards multifunctional products that enhance moisture retention in various applications. Market players are thus focusing on innovating product formulations to meet these evolving demands.

Chemical Intermediate (Dominant) vs. Humectant (Emerging)

Chemical Intermediate, as the dominant segment within the battery function category, serves as a crucial raw material in the production of various energy storage technologies. Its key attributes include high purity and effectiveness in enabling performance enhancements in battery applications. In contrast, Humectant emerges as a rapidly expanding segment, capitalizing on consumer demand for moisture-retaining solutions. Its ability to function across multiple applications makes it appealing to manufacturers looking to innovate. The competitive landscape is shaped by these segments as both seek to meet increasing market demands through improved formulations and sustainable practices.

By Application: Polyester Fiber (Largest) vs. Antifreeze Coolant (Fastest-Growing)

In the US mono ethylene-glycol market, the application segment is primarily driven by Polyester Fiber, which commands a significant share. Following closely, PET Products and Antifreeze Coolant are also notable participants, with Antifreeze Coolant gaining traction in recent years. Industrial applications round off the segment, contributing to the overall diversification and robustness of the market. The growth trends within the application segment reveal a dynamic shift towards Antifreeze Coolant, driven by stringent regulations regarding environmental sustainability and automotive performance. Simultaneously, the demand for Polyester Fiber remains strong, fueled by the increasing popularity of lightweight and durable textiles. As consumer preferences evolve, both segments are expected to innovate, catering to emerging needs and driving the overall market forward.

Polyester Fiber (Dominant) vs. Antifreeze Coolant (Emerging)

Polyester Fiber holds a dominant position in the application segment of the US mono ethylene-glycol market, primarily due to its extensive use in textiles and packaging. This segment benefits from strong demand in the apparel industry and construction projects. In contrast, Antifreeze Coolant, while still emerging, is rapidly gaining market share owing to the growing automotive sector and a heightened focus on eco-friendly products. As vehicle manufacturers seek to enhance performance and sustainability, Antifreeze Coolant is positioned to capitalize on this trend. Together, these applications represent a critical balance of established and innovative uses of mono ethylene-glycol in the market.

Get more detailed insights about US Mono Ethylene Glycol Market

Key Players and Competitive Insights

The mono ethylene-glycol market exhibits a competitive landscape characterized by a blend of established players and emerging innovators. Key growth drivers include the increasing demand for antifreeze and coolant applications, coupled with the rising production of polyester fibers. Major companies such as Dow (US), SABIC (SA), and LyondellBasell (US) are strategically positioned to leverage these trends. Dow (US) focuses on innovation and sustainability, investing in advanced production technologies to enhance efficiency and reduce environmental impact. Meanwhile, SABIC (SA) emphasizes regional expansion and partnerships, aiming to strengthen its market presence in North America. LyondellBasell (US) adopts a dual approach of optimizing its supply chain while exploring digital transformation initiatives, which collectively shape a competitive environment that is both dynamic and responsive to market needs.

The business tactics employed by these companies include localizing manufacturing and optimizing supply chains to enhance operational efficiency. The market structure appears moderately fragmented, with a few dominant players exerting considerable influence. This fragmentation allows for competitive pricing strategies, yet the collective strength of key players fosters a robust environment for innovation and collaboration.

In October 2025, Dow (US) announced a significant investment in a new production facility aimed at increasing its mono ethylene-glycol output by 20%. This strategic move is expected to bolster its market share and meet the growing demand from the automotive and textile industries. The facility's advanced technology is likely to enhance production efficiency, aligning with Dow's sustainability goals by reducing carbon emissions.

In September 2025, SABIC (SA) entered into a strategic partnership with a leading automotive manufacturer to develop bio-based mono ethylene-glycol. This collaboration underscores SABIC's commitment to sustainability and innovation, potentially positioning the company as a leader in eco-friendly solutions within the market. The partnership may also facilitate access to new customer segments, enhancing SABIC's competitive edge.

In August 2025, LyondellBasell (US) launched a digital platform aimed at optimizing its supply chain operations. This initiative is anticipated to improve inventory management and reduce lead times, thereby enhancing customer satisfaction. The integration of digital tools reflects LyondellBasell's commitment to leveraging technology for operational excellence, which could set a new standard in the industry.

As of November 2025, current competitive trends in the mono ethylene-glycol market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are shaping the landscape, enabling companies to pool resources and expertise to drive innovation. The shift from price-based competition to a focus on technology, supply chain reliability, and sustainable practices is evident. Moving forward, competitive differentiation is likely to evolve, with companies that prioritize innovation and sustainability gaining a distinct advantage in this rapidly changing market.

Key Companies in the US Mono Ethylene Glycol Market market include

Industry Developments

The US Mono Ethylene Glycol Market has seen significant developments in recent months, particularly with companies such as Indorama Ventures and ExxonMobil expanding their production capabilities to meet rising demand from downstream applications. In September 2023, Indorama Ventures announced plans to enhance its manufacturing facility in Texas, resulting in a projected increase in output. Current affairs indicate a surge in demand driven by sectors such as automotive and textiles, thus elevating the need for Mono Ethylene Glycol.

Furthermore, in July 2023, ExxonMobil revealed its intentions to acquire a facility from Sabic, enhancing its market standing and ensuring a more robust supply chain integration. Over the past few years, there has been a steady growth in valuation for key players within the market; for example, the investments from Dow and BASF have positioned them favorably amid increasing competitive pressures. The market dynamics have also been influenced by fluctuating raw material prices and regulatory changes focused on environmental sustainability.

Overall, these factors illustrate ongoing shifts and opportunities within the US Mono Ethylene Glycol Market sector, showcasing resilience and adaptation to market needs.

Future Outlook

US Mono Ethylene Glycol Market Future Outlook

The mono ethylene-glycol market is projected to grow at a 5.68% CAGR from 2024 to 2035, driven by increasing demand in automotive and industrial applications.

New opportunities lie in:

  • Expansion of bio-based mono ethylene-glycol production facilities
  • Development of advanced recycling technologies for MEG
  • Strategic partnerships with automotive manufacturers for sustainable solutions

By 2035, the market is expected to achieve robust growth, driven by innovation and sustainability initiatives.

Market Segmentation

US Mono Ethylene Glycol Market Application Outlook

  • Polyester Fiber
  • PET Products
  • Antifreeze Coolant
  • Industrial

US Mono Ethylene Glycol Market Battery Function Outlook

  • Chemical Intermediate
  • Solvent Coupler
  • Solvent
  • Humectant

US Mono Ethylene Glycol Market Product Technology Outlook

  • Gas-Based
  • Naphtha-Based
  • Coal-Based
  • Bio-Based

Report Scope

MARKET SIZE 20245.8(USD Billion)
MARKET SIZE 20256.13(USD Billion)
MARKET SIZE 203510.65(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)5.68% (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["SABIC (SA)", "Dow (US)", "LyondellBasell (US)", "BASF (DE)", "Eastman Chemical (US)", "Formosa Plastics (TW)", "Reliance Industries (IN)", "Ineos (GB)", "Mitsui Chemicals (JP)"]
Segments CoveredProduct Technology, Battery Function, Application
Key Market OpportunitiesGrowing demand for sustainable alternatives in the mono ethylene-glycol market presents significant opportunities.
Key Market DynamicsRising demand for mono ethylene glycol in automotive and industrial applications drives competitive dynamics and innovation.
Countries CoveredUS

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FAQs

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

The US Mono Ethylene Glycol Market is expected to be valued at 9.5 USD Billion in 2024.

What is the projected market size of the US Mono Ethylene Glycol Market by 2035?

By 2035, the US Mono Ethylene Glycol Market is projected to reach a value of 18.0 USD Billion.

What is the expected compound annual growth rate (CAGR) for the US Mono Ethylene Glycol Market from 2025 to 2035?

The expected CAGR for the US Mono Ethylene Glycol Market from 2025 to 2035 is 5.982%.

Which segment of the US Mono Ethylene Glycol Market is expected to have the largest market share in 2024?

In 2024, the naphtha-based segment is expected to have the largest market share at 4.0 USD Billion.

What will be the market size of the gas-based segment of the US Mono Ethylene Glycol Market in 2035?

The gas-based segment is projected to grow to 6.0 USD Billion by 2035.

Who are the key players in the US Mono Ethylene Glycol Market?

Major players in the US Mono Ethylene Glycol Market include Indorama Ventures, Shell, and ExxonMobil, among others.

What is the projected market size for the coal-based segment by 2035?

The coal-based segment is expected to reach a market size of 2.8 USD Billion by 2035.

How is the demand for bio-based mono ethylene glycol expected to change by 2035?

The bio-based mono ethylene glycol segment is anticipated to grow to 1.2 USD Billion by 2035.

What growth opportunities exist in the US Mono Ethylene Glycol Market?

Opportunities exist in rising applications across various industries, including automotive and textiles.

How does the US Mono Ethylene Glycol Market currently respond to global economic factors?

The market is actively adapting to global supply chain dynamics and shifts in demand driven by economic factors.

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