Product Code: ETC324160 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
United Arab Emirates (UAE) Ethylene Glycol market currently, in 2023, has witnessed an HHI of 6377, Which has decreased slightly as compared to the HHI of 7478 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The UAE Ethylene Glycol Market is centered on the production and distribution of ethylene glycol, a versatile chemical compound used primarily as a coolant and antifreeze in various industrial and automotive applications. This market includes manufacturers, automotive service providers, and industries reliant on effective temperature control systems. It highlights the critical role of ethylene glycol in maintaining operational efficiency in the UAE`s industrial and transportation sectors.
The UAE Ethylene Glycol market is thriving due to multiple driving factors. Firstly, the rising demand for antifreeze and coolant products in the automotive sector is bolstering the glycol market as ethylene glycol is a key ingredient in these formulations. Additionally, the construction industry`s growth is boosting the demand for glycols in applications such as HVAC systems and insulation materials. Furthermore, the UAE`s strategic location and well-established infrastructure facilitate the export of ethylene glycol to neighboring regions, further enhancing market growth.
The UAE Ethylene Glycol market grapples with environmental sustainability concerns. Meeting stringent environmental regulations while ensuring efficient production processes poses a significant challenge. Moreover, the market faces pressure to adopt greener technologies and reduce carbon footprint, which may entail substantial investments. Securing sustainable and cost-effective sources of feedstock materials is another critical hurdle for market players.
The UAE Ethylene Glycol market has witnessed notable shifts in recent times. The COVID-19 pandemic had a significant impact on this sector, causing disruptions in the global supply chain and fluctuations in demand. With the gradual recovery post-pandemic, the market is showing signs of stabilization. Companies in the UAE are strategically adapting to new market dynamics, focusing on sustainable production practices and exploring innovative applications for ethylene glycol.
Ethylene glycol is widely used as an antifreeze and coolant in the UAE`s automotive and industrial sectors. Key players in this market include multinational chemical companies such as SABIC (Saudi Basic Industries Corporation) and Dow Chemical, which manufacture and supply ethylene glycol products to the UAE market.
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 United Arab Emirates (UAE) Ethylene Glycol Market Overview |
3.1 United Arab Emirates (UAE) Country Macro Economic Indicators |
3.2 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume, 2021 & 2031F |
3.3 United Arab Emirates (UAE) Ethylene Glycol Market - Industry Life Cycle |
3.4 United Arab Emirates (UAE) Ethylene Glycol Market - Porter's Five Forces |
3.5 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United Arab Emirates (UAE) Ethylene Glycol Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 United Arab Emirates (UAE) Ethylene Glycol Market Trends |
6 United Arab Emirates (UAE) Ethylene Glycol Market, By Types |
6.1 United Arab Emirates (UAE) Ethylene Glycol Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume, By MEG, 2021-2031F |
6.1.4 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume, By DEG, 2021-2031F |
6.1.5 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume, By TEG, 2021-2031F |
6.2 United Arab Emirates (UAE) Ethylene Glycol Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume, By PET, 2021-2031F |
6.2.3 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume, By Polyester Fiber, 2021-2031F |
6.2.4 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume, By Antifreeze, 2021-2031F |
6.2.5 United Arab Emirates (UAE) Ethylene Glycol Market Revenues & Volume, By Films, 2021-2031F |
7 United Arab Emirates (UAE) Ethylene Glycol Market Import-Export Trade Statistics |
7.1 United Arab Emirates (UAE) Ethylene Glycol Market Export to Major Countries |
7.2 United Arab Emirates (UAE) Ethylene Glycol Market Imports from Major Countries |
8 United Arab Emirates (UAE) Ethylene Glycol Market Key Performance Indicators |
9 United Arab Emirates (UAE) Ethylene Glycol Market - Opportunity Assessment |
9.1 United Arab Emirates (UAE) Ethylene Glycol Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 United Arab Emirates (UAE) Ethylene Glycol Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United Arab Emirates (UAE) Ethylene Glycol Market - Competitive Landscape |
10.1 United Arab Emirates (UAE) Ethylene Glycol Market Revenue Share, By Companies, 2024 |
10.2 United Arab Emirates (UAE) Ethylene Glycol Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |