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US Mono Ethylene Glycol Market

ID: MRFR/CnM/13014-HCR
100 Pages
Chitranshi Jaiswal
October 2025

US Mono Ethylene Glycol Market Research Report By Technology (Gas-Based, Naphtha-Based, Coal-Based, Bio-Based), By Function (Chemical Intermediate, Solvent Coupler, Solvent, Humectant) and By Application (Polyester Fiber, PET Products, Antifreeze Coolant, Industrial) - Forecast to 2035

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US Mono Ethylene Glycol Market Infographic
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US Mono Ethylene Glycol Market Summary

As per analysis, the US mono ethylene glycol market is projected to grow from USD 7.94 Billion in 2025 to USD 14.35 Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.1% during the forecast period (2025 - 2035).

Key Market Trends & Highlights

The US mono ethylene glycol market is poised for growth driven by sustainability and technological advancements.

  • The antifreeze segment remains the largest contributor to the US mono ethylene glycol market, reflecting consistent demand from the automotive sector.
  • The polyester fiber segment is currently the fastest-growing, driven by increasing applications in textiles and packaging.
  • Technological innovations in production processes are enhancing efficiency and reducing environmental impact within the market.
  • Key market drivers include the growing demand from the automotive sector and the expansion of PET production, which are likely to shape future trends.

Market Size & Forecast

2024 Market Size 7.48 (USD Billion)
2035 Market Size 14.35 (USD Billion)
CAGR (2025 - 2035) 6.1%

Major Players

Dow Chemical Company (US), LyondellBasell Industries N.V. (US), Eastman Chemical Company (US), Huntsman Corporation (US), Formosa Plastics Corporation (US), SABIC Innovative Plastics (US), OxyChem (Occidental Petroleum Corporation) (US), Indorama Ventures Public Company Limited (US)

US Mono Ethylene Glycol Market Trends

The US mono ethylene glycol market is currently characterized by a complex interplay of supply and demand dynamics, influenced by various industrial applications and economic factors. This chemical compound, primarily utilized in the production of antifreeze and as a precursor for polyester fibers, has seen a steady demand from sectors such as automotive, textiles, and packaging. The market appears to be adapting to shifts in consumer preferences and regulatory changes, which may impact production processes and sourcing strategies. Furthermore, the increasing focus on sustainability and environmental considerations is likely to shape the future landscape of this market, as manufacturers explore greener alternatives and more efficient production methods. In December 2025, the US mono ethylene glycol market seems poised for potential growth, driven by advancements in technology and innovation within the chemical industry. The ongoing development of bio-based alternatives and recycling initiatives may provide new avenues for expansion. Additionally, fluctuations in raw material prices and geopolitical factors could influence market stability. Stakeholders in this sector are likely to remain vigilant, monitoring trends and adapting strategies to navigate the evolving landscape effectively.

Sustainability Initiatives

The US mono ethylene glycol market is increasingly influenced by sustainability initiatives. Manufacturers are exploring bio-based alternatives and recycling methods to reduce environmental impact. This trend reflects a broader commitment to sustainable practices within the chemical industry, as companies seek to align with consumer preferences for eco-friendly products.

Technological Advancements

Technological advancements are playing a crucial role in shaping the US mono ethylene glycol market. Innovations in production processes and efficiency improvements are enabling manufacturers to optimize operations. These advancements may lead to cost reductions and enhanced product quality, positioning companies to better meet market demands.

Regulatory Changes

Regulatory changes are impacting the US mono ethylene glycol market, as government policies evolve to address environmental concerns. Compliance with new regulations may necessitate adjustments in production methods and sourcing strategies. Companies are likely to adapt to these changes to maintain competitiveness and ensure market access.

Market Segment Insights

By Application: Antifreeze (Largest) vs. Polyester Fiber (Fastest-Growing)

The US mono ethylene glycol market is characterized by a diverse range of applications, with antifreeze leading as the largest segment due to its essential role in automotive and industrial cooling systems. Other significant applications include coolants and resins, which serve vital functions in manufacturing processes. Polyester fiber is emerging strongly, driven by growing demand in the textile and apparel industries, reflecting a shift towards high-performance synthetic fibers.

Antifreeze (Dominant) vs. Polyester Fiber (Emerging)

Antifreeze is a dominant application in the US mono ethylene glycol market, primarily used for vehicle cooling and preventing engine overheating. Its consistent demand is fueled by the automotive industry's growth and the increasing need for effective coolants in various machinery. Conversely, polyester fiber is an emerging segment, gaining traction due to heightened demand in fashion and home textiles. This segment benefits from innovations in manufacturing, offering better performance and sustainability. As consumers lean towards eco-friendly products, the shift in consumer preferences further propels the growth of polyester fiber in the market.

By End Use: Automotive (Largest) vs. Textiles (Fastest-Growing)

In the US mono ethylene glycol market, the automotive sector holds the largest market share, driven by the extensive use of MEG in antifreeze and coolant formulations. Textiles rank as the fastest-growing segment, fueled by the increasing demand for polyester fibers, which rely significantly on mono ethylene glycol. Together, these segments underscore the diverse applications of MEG within key industries, with strong implications for market dynamics. As industries evolve, the automotive sector is expected to adapt to new technologies, while the textiles sector undergoes rapid transformations with innovations in fiber technology. The growth in construction and chemical manufacturing applications also complements these trends, with a focus on sustainable materials driving future demand. The overall expansion of these segments highlights the importance of mono ethylene glycol in various industrial processes across the US economy.

Automotive: Dominant vs. Textiles: Emerging

The automotive segment is a dominant force in the US mono ethylene glycol market, primarily utilized in the production of engine coolants and antifreeze vital for vehicle performance and safety. This segment benefits from large-scale production and consistent demand as automotive manufacturers continue to rely on MEG for efficient thermal management solutions. In contrast, the textiles sector is categorized as emerging, experiencing rapid growth due to the rising popularity of synthetic fibers, which require mono ethylene glycol for their production. As consumer preferences shift towards sustainable and durable materials, the textiles segment will likely enhance its market position, creating a dynamic interplay between these two crucial sectors in the MEG market.

By Type: Ethylene Oxide Process (Largest) vs. Direct Oxidation Process (Fastest-Growing)

In the US mono ethylene glycol market, the 'Ethylene Oxide Process' holds the largest market share due to its widespread adoption and efficiency in producing high-purity mono ethylene glycol. This process dominates the landscape, being the foundational method used in numerous applications, especially for antifreeze agents and plastics. In contrast, the 'Direct Oxidation Process' is emerging with a rapidly growing presence, appealing to manufacturers seeking alternative methods that contribute to lower environmental impact and energy consumption.

Ethylene Oxide Process (Dominant) vs. Hydrolysis Process (Emerging)

The 'Ethylene Oxide Process' remains the dominant method employed in the production of mono ethylene glycol, favored for its established infrastructure and ability to yield consistent quality products. This method is heavily integrated within the petrochemical sector and leverages economies of scale effectively. Meanwhile, the 'Hydrolysis Process' is gaining traction as an emerging alternative, attracting interest for its potential to reduce feedstock costs and its application in sustainable practices. As regulations become stricter and sustainability becomes a market focus, the hydrolysis process is increasingly being viewed as a viable option for future production, albeit still in a nascent phase compared to the dominance of ethylene oxide.

By Distribution Channel: Direct Sales (Largest) vs. Online Sales (Fastest-Growing)

In the US mono ethylene glycol market, distribution channels play a significant role in shaping the purchasing behavior of consumers. Direct sales are the largest channel, accounting for a substantial portion of the market share, owing to established relationships between manufacturers and end-users. Meanwhile, distributors also hold a significant share, providing essential logistics and support to various industries, including automotive and chemicals. Online sales have emerged as a competitive channel, gaining traction among a growing base of customers preferring convenience and streamlined purchasing processes.

Direct Sales (Dominant) vs. Online Sales (Emerging)

Direct sales in the US mono ethylene glycol market are characterized by direct interaction between manufacturers and consumers, ensuring efficient supply chain management and customer service. This channel is favored by large industrial consumers who prioritize bulk purchasing and negotiated pricing. In contrast, online sales are rapidly emerging, driven by the increasing digitization of commerce and consumer preference for user-friendly purchasing options. Online platforms offer competitive pricing, product comparisons, and delivery services that appeal to smaller customers and new market entrants, thus contributing to their rapid growth in the sector.

Get more detailed insights about US Mono Ethylene Glycol Market

Key Players and Competitive Insights

The mono ethylene glycol market exhibits a competitive landscape characterized by a blend of established players and emerging innovators. Key growth drivers include the increasing demand for antifreeze and coolant applications, coupled with the rising production of polyester fibers. Major companies such as Dow Chemical Company (US), LyondellBasell Industries N.V. (US), and Eastman Chemical Company (US) are strategically positioned to leverage these trends. Dow Chemical Company (US) focuses on innovation and sustainability, investing in advanced production technologies to enhance efficiency and reduce environmental impact. LyondellBasell Industries N.V. (US) emphasizes regional expansion and supply chain optimization, aiming to strengthen its market presence across North America. Meanwhile, Eastman Chemical Company (US) is actively pursuing digital transformation initiatives to streamline operations and improve customer engagement, collectively shaping a competitive environment that prioritizes adaptability and responsiveness.

In terms of business tactics, companies are increasingly localizing manufacturing to mitigate supply chain disruptions and enhance responsiveness to regional market demands. The market structure appears moderately fragmented, with a few dominant players exerting considerable influence while allowing room for smaller entities to thrive. This dynamic fosters a competitive atmosphere where innovation and operational efficiency are paramount.

In November 2025, Dow Chemical Company (US) announced the launch of a new bio-based mono ethylene glycol product line, which is expected to significantly reduce carbon emissions during production. This strategic move aligns with the growing emphasis on sustainability within the industry and positions Dow as a leader in eco-friendly solutions. The introduction of this product line not only enhances Dow's portfolio but also responds to increasing consumer demand for sustainable alternatives.

In October 2025, LyondellBasell Industries N.V. (US) completed the expansion of its mono ethylene glycol production facility in Texas, increasing its capacity by 15%. This expansion is strategically important as it allows LyondellBasell to meet the rising demand from the automotive and textile sectors, thereby solidifying its competitive edge. The enhanced capacity is likely to improve supply chain reliability and reduce lead times for customers.

In September 2025, Eastman Chemical Company (US) entered into a strategic partnership with a leading technology firm to integrate AI-driven analytics into its production processes. This collaboration aims to optimize operational efficiency and reduce waste, reflecting a broader trend towards digitalization in the industry. By leveraging AI, Eastman is poised to enhance its decision-making capabilities and improve overall productivity, which could yield significant competitive advantages.

As of December 2025, the competitive trends in the mono ethylene glycol market are increasingly defined by digitalization, sustainability, and technological integration. Strategic alliances are becoming more prevalent, enabling companies to pool resources and expertise to navigate complex market challenges. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is evident, suggesting that future competitive differentiation will hinge on the ability to adapt and innovate in response to evolving market demands.

Key Companies in the US Mono Ethylene Glycol Market market include

Industry Developments

The US Mono Ethylene Glycol Market has seen significant developments in recent months, particularly with companies such as Indorama Ventures and ExxonMobil expanding their production capabilities to meet rising demand from downstream applications. In September 2023, Indorama Ventures announced plans to enhance its manufacturing facility in Texas, resulting in a projected increase in output. Current affairs indicate a surge in demand driven by sectors such as automotive and textiles, thus elevating the need for Mono Ethylene Glycol.

Furthermore, in July 2023, ExxonMobil revealed its intentions to acquire a facility from Sabic, enhancing its market standing and ensuring a more robust supply chain integration. Over the past few years, there has been a steady growth in valuation for key players within the market; for example, the investments from Dow and BASF have positioned them favorably amid increasing competitive pressures. The market dynamics have also been influenced by fluctuating raw material prices and regulatory changes focused on environmental sustainability.

Overall, these factors illustrate ongoing shifts and opportunities within the US Mono Ethylene Glycol Market sector, showcasing resilience and adaptation to market needs.

Future Outlook

US Mono Ethylene Glycol Market Future Outlook

The US mono ethylene glycol market is projected to grow at a 6.1% CAGR from 2024 to 2035, driven by increasing demand in automotive and industrial applications.

New opportunities lie in:

  • Expansion of bio-based mono ethylene glycol production facilities.
  • Development of advanced recycling technologies for glycol recovery.
  • Strategic partnerships with automotive manufacturers for tailored solutions.

By 2035, the market is expected to solidify its growth trajectory, reflecting robust demand and innovation.

Market Segmentation

US Mono Ethylene Glycol Market Type Outlook

  • Ethylene Oxide Process
  • Direct Oxidation Process
  • Hydrolysis Process
  • Thermal Cracking Process

US Mono Ethylene Glycol Market End Use Outlook

  • Automotive
  • Textiles
  • Construction
  • Chemical Manufacturing
  • Electronics

US Mono Ethylene Glycol Market Application Outlook

  • Antifreeze
  • Coolants
  • Polyester Fiber
  • Resins
  • Solvents

US Mono Ethylene Glycol Market Distribution Channel Outlook

  • Direct Sales
  • Distributors
  • Online Sales
  • Retail

Report Scope

MARKET SIZE 20247.48(USD Billion)
MARKET SIZE 20257.94(USD Billion)
MARKET SIZE 203514.35(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR)6.1% (2024 - 2035)
REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR2024
Market Forecast Period2025 - 2035
Historical Data2019 - 2024
Market Forecast UnitsUSD Billion
Key Companies ProfiledDow Chemical Company (US), LyondellBasell Industries N.V. (US), Eastman Chemical Company (US), Huntsman Corporation (US), Formosa Plastics Corporation (US), SABIC Innovative Plastics (US), OxyChem (Occidental Petroleum Corporation) (US), Indorama Ventures Public Company Limited (US)
Segments CoveredApplication, End Use, Type, Distribution Channel
Key Market OpportunitiesGrowing demand for sustainable mono ethylene glycol from bio-based feedstocks in the US mono ethylene glycol market.
Key Market DynamicsRising demand for sustainable products drives innovation in the US mono ethylene glycol market.
Countries CoveredUS

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FAQs

What is the expected market size of the US Mono Ethylene Glycol Market in 2024?

The US Mono Ethylene Glycol Market is expected to be valued at 9.5 USD Billion in 2024.

What is the projected market size of the US Mono Ethylene Glycol Market by 2035?

By 2035, the US Mono Ethylene Glycol Market is projected to reach a value of 18.0 USD Billion.

What is the expected compound annual growth rate (CAGR) for the US Mono Ethylene Glycol Market from 2025 to 2035?

The expected CAGR for the US Mono Ethylene Glycol Market from 2025 to 2035 is 5.982%.

Which segment of the US Mono Ethylene Glycol Market is expected to have the largest market share in 2024?

In 2024, the naphtha-based segment is expected to have the largest market share at 4.0 USD Billion.

What will be the market size of the gas-based segment of the US Mono Ethylene Glycol Market in 2035?

The gas-based segment is projected to grow to 6.0 USD Billion by 2035.

Who are the key players in the US Mono Ethylene Glycol Market?

Major players in the US Mono Ethylene Glycol Market include Indorama Ventures, Shell, and ExxonMobil, among others.

What is the projected market size for the coal-based segment by 2035?

The coal-based segment is expected to reach a market size of 2.8 USD Billion by 2035.

How is the demand for bio-based mono ethylene glycol expected to change by 2035?

The bio-based mono ethylene glycol segment is anticipated to grow to 1.2 USD Billion by 2035.

What growth opportunities exist in the US Mono Ethylene Glycol Market?

Opportunities exist in rising applications across various industries, including automotive and textiles.

How does the US Mono Ethylene Glycol Market currently respond to global economic factors?

The market is actively adapting to global supply chain dynamics and shifts in demand driven by economic factors.

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