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Showing posts with the label Diethylene Glycol (DEG) Market

Diethylene Glycol (DEG) Market ,COVID19 impact on Industry and Outlook 2030

Diethylene Glycol (DEG) Market The Diethylene Glycol market growth is projected to grow at a staggering CAGR rate of 4.8% during the forecast period of 2021–2030. Also, the expected market valuation by the end of the period is compiled at USD 3.8 billion. These projections have been made after gaining deep market insights and the performance of the key market players across the globe. Diethylene glycol is used as a plasticizer in the production of plastics such as polyurethane, which has emerged as a major driver for the global Diethylene Glycol Industry to the growing demand for polyurethane in a number of industrial applications. Polyurethane has become a popular material in the construction and automotive industries due to its benefits in terms of imparting solid insulation from environmental components. The growing scope of these industries is likely to be a major driver for the diethylene glycol market over the forecast period. The use of diethylene glycol as a solvent for dyes,