Triethylene Glycol Di-2-ethylhexoate (TGDE) Market Size is growing at CAGR of 5.5%, and this report covers analysis by Type, Application, Growth, and Forecast 2024 - 2031

Elizbeth smithb
5 min readJul 5, 2024

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The "Triethylene Glycol Di-2-ethylhexoate (TGDE) Market" prioritizes cost control and efficiency enhancement. Additionally, the reports cover both the demand and supply sides of the market. The Triethylene Glycol Di-2-ethylhexoate (TGDE) market is anticipated to grow at an annual rate of 5.5% from 2024 to 2031.

This entire report is of 104 pages.

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Triethylene Glycol Di-2-ethylhexoate (TGDE) Market Analysis

The Triethylene Glycol Di-2-ethylhexoate (TGDE) market research report indicates a promising growth trajectory due to increasing demand from various industries. TGDE is a colorless liquid with a high boiling point, making it suitable for use in coatings, adhesives, and plasticizers. The market is primarily driven by the growing construction and automotive sectors. Major companies operating in the TGDE market include Perstorp, OSAKA SODA, FEIYANG GROUP, and Celanese Corporation. The report recommends focusing on product innovation, expanding distribution networks, and strategic partnerships to capitalize on the expanding market opportunities for TGDE.

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Triethylene Glycol Di-2-ethylhexoate (TGDE) is gaining traction in the market with a type - 0.99, offering various applications such as PVB, Synthetic Rubber, Vinyl Resin, PVC, Industrial Coating, Sealing Material, among others. The market segmentation for TGDE is witnessing a growth trend with a focus on regulatory and legal factors specific to market conditions. With stringent regulations and compliance requirements, the market for TGDE is expected to witness steady growth in the coming years. Companies operating in this space need to stay updated on regulatory changes and legal factors to ensure smooth market operations. As the demand for high-quality chemicals increases, TGDE is poised to play a significant role in various industries, making it a lucrative market for investors and manufacturers alike.

Top Featured Companies Dominating the Global Triethylene Glycol Di-2-ethylhexoate (TGDE) Market

The Triethylene Glycol Di-2-ethylhexoate (TGDE) market is characterized by a few key players such as Perstorp, OSAKA SODA, FEIYANG GROUP, and Celanese Corporation. These companies operate in various regions globally and offer a wide range of TGDE products to cater to the diverse needs of industries such as cosmetics, pharmaceuticals, and plastics.

Perstorp is a leading manufacturer of TGDE and is known for its high-quality products and innovative solutions. OSAKA SODA is a prominent player in the market, with a strong presence in the Asia-Pacific region. FEIYANG GROUP is a Chinese company that has been expanding its market share in recent years by focusing on product innovations and customer service. Celanese Corporation is a global leader in the specialty chemical industry and offers a wide range of TGDE products.

These companies play a vital role in the growth of the TGDE market by constantly innovating and developing new products to meet the changing demands of industries. They also collaborate with other players in the market to expand their reach and increase their market share. Additionally, these companies invest significantly in research and development to enhance the performance and properties of their TGDE products.

In terms of sales revenue, Perstorp reported sales of $1.4 billion in 2020, while Celanese Corporation reported sales of $6.8 billion in the same year. These figures highlight the significant contribution of these companies to the overall TGDE market and their ability to drive growth and innovation in the industry.

PerstorpOSAKA SODAFEIYANG GROUPCelanese Corporation

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Triethylene Glycol Di-2-ethylhexoate (TGDE) Segment Analysis

Triethylene Glycol Di-2-ethylhexoate (TGDE) Market, by Application:

PVBSynthetic RubberVinyl ResinPVCIndustrial CoatingSealing MaterialOther

Triethylene Glycol Di-2-ethylhexoate (TGDE) is commonly used as a plasticizer in a variety of applications including Polyvinyl Butyral (PVB) production, synthetic rubber manufacturing, vinyl resin formulation, PVC compounding, industrial coatings, sealing materials, and others. TGDE is primarily used to improve the flexibility, durability, and workability of these materials. Among these applications, the fastest-growing segment in terms of revenue is expected to be the PVC compounding industry due to the increasing demand for PVC products in various sectors such as construction, automotive, and packaging.

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Triethylene Glycol Di-2-ethylhexoate (TGDE) Market, by Type:

0.99Other

Two main types of Triethylene Glycol Di-2-ethylhexoate (TGDE) include 0.99 grade and other grades that vary in purity and composition. The 0.99 grade is the highest purity level available, making it suitable for a wide range of applications. Other grades may offer different formulations to cater to specific industry needs. These variations in types help to boost the demand for TGDE as they provide options for different uses, such as in the production of coatings, adhesives, and plasticizers. The availability of different grades allows manufacturers to select the most suitable type for their specific requirements.

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Regional Analysis:

North America: United States Canada Europe: Germany France U.K. Italy Russia Asia-Pacific: China Japan South Korea India Australia China Taiwan Indonesia Thailand Malaysia Latin America: Mexico Brazil Argentina Korea Colombia Middle East & Africa: Turkey Saudi Arabia UAE Korea

The Triethylene Glycol Di-2-ethylhexoate (TGDE) market is expected to experience significant growth in various regions worldwide. North America, particularly the United States and Canada, is anticipated to dominate the market with a market share of around 30%. In Europe, countries like Germany, France, the U.K., Italy, and Russia are expected to contribute to the market growth with a market share of approximately 25%. In Asia-Pacific, China, Japan, South Korea, India, Australia, Indonesia, Thailand, and Malaysia are forecasted to hold a market share of around 20%. Latin America, including Mexico, Brazil, Argentina, and Colombia, is expected to account for a market share of about 15%. Lastly, the Middle East & Africa region, specifically Turkey, Saudi Arabia, the UAE, and Korea, are expected to have a market share of approximately 10%.

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