Product Code: ETC322467 | 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 Singapore Diethylene Glycol Market may undergo a gradual slowdown in growth rates between 2025 and 2029. Starting high at 6.09% in 2025, the market steadily declines to 2.75% by 2029.
The Diethylene Glycol market in Singapore is projected to grow at a growing growth rate of 5.57% 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 is a versatile chemical compound used in various applications, including as a solvent, antifreeze, and in the production of resins and plastics. The Singapore diethylene glycol market is closely tied to the region`s industrial and manufacturing sectors. The growth in these sectors, along with increasing demand for automotive and consumer goods, drives the demand for diethylene glycol in Singapore.
The Singapore diethylene glycol market is growing steadily due to its versatile applications in the chemical and industrial sectors. Diethylene glycol is used as a solvent, coolant, and antifreeze in various processes, including the production of resins, plastics, and textiles. The market`s growth is propelled by the expanding manufacturing activities in Singapore and the need for reliable industrial chemicals. Moreover, diethylene glycol`s properties as a hygroscopic substance make it valuable for moisture control in industrial processes, further contributing to market expansion.
The diethylene glycol market in Singapore is confronted with challenges related to price volatility. Diethylene glycol is a critical ingredient in various industries, including pharmaceuticals and textiles. Fluctuations in raw material prices and supply chain disruptions can significantly impact the market`s stability. Moreover, stringent quality standards and safety regulations add complexity to production and distribution. Managing these factors effectively while ensuring product quality and safety remains a continuous challenge for stakeholders in the diethylene glycol market.
The Singapore diethylene glycol market experienced fluctuations during the pandemic as demand varied across sectors like chemicals, textiles, and automotive. Supply chain disruptions and reduced industrial activity affected this market. As economic activities normalize, the market is expected to stabilize and align with industry-specific trends.
Major participants in the Singapore diethylene glycol market are chemical manufacturers such as BASF SE and Shell Chemicals.
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 Singapore Diethylene Glycol Market Overview |
3.1 Singapore Country Macro Economic Indicators |
3.2 Singapore Diethylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 Singapore Diethylene Glycol Market - Industry Life Cycle |
3.4 Singapore Diethylene Glycol Market - Porter's Five Forces |
3.5 Singapore Diethylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Singapore Diethylene Glycol Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Singapore Diethylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand from end-use industries such as textiles, plastics, and pharmaceuticals |
4.2.2 Growing investments in infrastructure projects in Singapore |
4.2.3 Favorable government regulations supporting the use of diethylene glycol in various applications |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Stringent regulations on environmental and health safety standards |
4.3.3 Competition from alternative products impacting market growth |
5 Singapore Diethylene Glycol Market Trends |
6 Singapore Diethylene Glycol Market, By Types |
6.1 Singapore Diethylene Glycol Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Singapore Diethylene Glycol Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Singapore Diethylene Glycol Market Revenues & Volume, By Plasticizer, 2021-2031F |
6.1.4 Singapore Diethylene Glycol Market Revenues & Volume, By Solvent, 2021-2031F |
6.1.5 Singapore Diethylene Glycol Market Revenues & Volume, By Polyester Resin, 2021-2031F |
6.1.6 Singapore Diethylene Glycol Market Revenues & Volume, By Chemical Intermediate, 2021-2031F |
6.1.7 Singapore Diethylene Glycol Market Revenues & Volume, By Freezing Point Depressant, 2021-2031F |
6.1.8 Singapore Diethylene Glycol Market Revenues & Volume, By Lubricant, 2021-2031F |
6.1.9 Singapore Diethylene Glycol Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Singapore Diethylene Glycol Market Revenues & Volume, By Others, 2021-2031F |
6.2 Singapore Diethylene Glycol Market, By End-Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Singapore Diethylene Glycol Market Revenues & Volume, By Plastic Industry, 2021-2031F |
6.2.3 Singapore Diethylene Glycol Market Revenues & Volume, By Paints and Coatings, 2021-2031F |
6.2.4 Singapore Diethylene Glycol Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.5 Singapore Diethylene Glycol Market Revenues & Volume, By Agrochemical, 2021-2031F |
6.2.6 Singapore Diethylene Glycol Market Revenues & Volume, By Oil and Gas, 2021-2031F |
6.2.7 Singapore Diethylene Glycol Market Revenues & Volume, By Cement Industry, 2021-2031F |
7 Singapore Diethylene Glycol Market Import-Export Trade Statistics |
7.1 Singapore Diethylene Glycol Market Export to Major Countries |
7.2 Singapore Diethylene Glycol Market Imports from Major Countries |
8 Singapore Diethylene Glycol Market Key Performance Indicators |
8.1 Average selling price of diethylene glycol in Singapore |
8.2 Capacity utilization rate of diethylene glycol manufacturers |
8.3 Research and development expenditure on innovative diethylene glycol products |
8.4 Number of new product launches in the diethylene glycol market in Singapore |
8.5 Adoption rate of diethylene glycol in emerging applications such as energy storage systems |
9 Singapore Diethylene Glycol Market - Opportunity Assessment |
9.1 Singapore Diethylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Singapore Diethylene Glycol Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Singapore Diethylene Glycol Market - Competitive Landscape |
10.1 Singapore Diethylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 Singapore Diethylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |