Product Code: ETC322466 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Malaysia Diethylene Glycol Market is likely to experience consistent growth rate gains over the period 2025 to 2029. The growth rate starts at 7.22% in 2025 and reaches 8.99% by 2029.
The Diethylene Glycol market in Malaysia is projected to grow at a growing growth rate of 8.11% by 2027, highlighting the country's increasing focus on advanced technologies within the Asia region, where China holds the dominant position, followed closely by India, Japan, Australia and South Korea, shaping overall regional demand.
Diethylene glycol finds applications in the production of resins, plastics, and as a solvent. The market may grow in tandem with the chemicals and plastics industries in Malaysia. Factors such as industrial expansion and the need for versatile solvents in different applications may shape the market`s future.
The Malaysia diethylene glycol market is expected to see steady demand, primarily driven by its use in various industrial applications, including as a solvent and coolant. Diethylene glycol`s versatility and low toxicity make it valuable in industries such as textiles, plastics, and automotive. The market may also benefit from developments in these sectors and the expansion of manufacturing activities in Malaysia. Additionally, its use in pharmaceuticals and as a de-icing agent could contribute to sustained demand.
Challenges in the Malaysia diethylene glycol market include price volatility and competition from alternative glycols. Diethylene glycol prices can be influenced by factors like raw material costs and demand fluctuations. Additionally, the market faces competition from monoethylene glycol and other glycol derivatives that offer similar properties. Managing pricing stability and differentiating diethylene glycol products will be key challenges for market players.
Diethylene glycol is a crucial industrial chemical with applications in various sectors, including the manufacture of polyester fibers and antifreeze products. The market in Malaysia may have witnessed fluctuations during the COVID-19 pandemic, influenced by disruptions in supply chains and changes in demand patterns. As industrial production and global trade recover, the diethylene glycol market is likely to stabilize and grow in tandem with the broader economy.
The diethylene glycol market in Malaysia is a critical component of the chemical industry, with various applications, including as a solvent, coolant, and chemical intermediate. Major international chemical companies like Shell, Eastman Chemical, and SABIC are prominent players in this market, along with local chemical manufacturers and distributors. The demand for diethylene glycol remains tied to the overall health of the chemical sector and industrial activities in the country.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Malaysia Diethylene Glycol Market Overview |
3.1 Malaysia Country Macro Economic Indicators |
3.2 Malaysia Diethylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Malaysia Diethylene Glycol Market - Industry Life Cycle |
3.4 Malaysia Diethylene Glycol Market - Porter's Five Forces |
3.5 Malaysia Diethylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Malaysia Diethylene Glycol Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Malaysia Diethylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for diethylene glycol in various industries such as textiles, plastics, and automotive sectors |
4.2.2 Growth in population and urbanization leading to higher consumption of consumer products containing diethylene glycol |
4.2.3 Favorable government regulations and policies supporting the manufacturing and usage of diethylene glycol |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting the production cost of diethylene glycol |
4.3.2 Environmental concerns and regulations regarding the disposal and impact of diethylene glycol on the environment |
4.3.3 Competition from alternative products and substitutes in the market |
5 Malaysia Diethylene Glycol Market Trends |
6 Malaysia Diethylene Glycol Market, By Types |
6.1 Malaysia Diethylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Malaysia Diethylene Glycol Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Malaysia Diethylene Glycol Market Revenues & Volume, By Plasticizer, 2021-2031F |
6.1.4 Malaysia Diethylene Glycol Market Revenues & Volume, By Solvent, 2021-2031F |
6.1.5 Malaysia Diethylene Glycol Market Revenues & Volume, By Polyester Resin, 2021-2031F |
6.1.6 Malaysia Diethylene Glycol Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.1.7 Malaysia Diethylene Glycol Market Revenues & Volume, By Freezing Point Depressant, 2021-2031F |
6.1.8 Malaysia Diethylene Glycol Market Revenues & Volume, By Lubricant, 2021-2031F |
6.1.9 Malaysia Diethylene Glycol Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Malaysia Diethylene Glycol Market Revenues & Volume, By Others, 2021-2031F |
6.2 Malaysia Diethylene Glycol Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Malaysia Diethylene Glycol Market Revenues & Volume, By Plastic Industry, 2021-2031F |
6.2.3 Malaysia Diethylene Glycol Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.4 Malaysia Diethylene Glycol Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Malaysia Diethylene Glycol Market Revenues & Volume, By Agrochemical, 2021-2031F |
6.2.6 Malaysia Diethylene Glycol Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.2.7 Malaysia Diethylene Glycol Market Revenues & Volume, By Cement Industry, 2021-2031F |
7 Malaysia Diethylene Glycol Market Import-Export Trade Statistics |
7.1 Malaysia Diethylene Glycol Market Export to Major Countries |
7.2 Malaysia Diethylene Glycol Market Imports from Major Countries |
8 Malaysia Diethylene Glycol Market Key Performance Indicators |
8.1 Average selling price of diethylene glycol in the Malaysian market |
8.2 Import and export volume of diethylene glycol in Malaysia |
8.3 Capacity utilization rate of diethylene glycol manufacturing plants in Malaysia |
8.4 Number of new product developments or innovations in the diethylene glycol market in Malaysia |
8.5 Adoption rate of diethylene glycol in emerging application industries in Malaysia |
9 Malaysia Diethylene Glycol Market - Opportunity Assessment |
9.1 Malaysia Diethylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Malaysia Diethylene Glycol Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Malaysia Diethylene Glycol Market - Competitive Landscape |
10.1 Malaysia Diethylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Malaysia Diethylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |