Unraveling the Mysteries of Diethylene Glycol Price Trends: A Market Analysis

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Diethylene Glycol (C4H10O3) is an inorganic chemical that exhibits characteristic properties of both alcohol and ether groups. It is a stable oily liquid with no color or odor. The compound is slightly viscous and non-corrosive in nature. Diethylene Glycol is a non-volatile, hygroscopic liquid that is soluble in both organic compounds and water.

The boiling point for the chemical measures around 245° C. Hydrolysis of ethylene oxide produces Diethylene Glycol (DEG), the compound comprised of two ethylene glycol molecules linked by the ether bond in between them.

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Vietnam, South Korea, and China are the primary exporting countries that export DEG. On the other hand, the key importing countries for the same are Vietnam, India, and the Philippines.

Key Details About the Diethylene Glycol Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Diethylene Glycol price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Diethylene Glycol Price Trends, including India Diethylene Glycol price, USA Diethylene Glycol price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Diethylene Glycol Price Trend:

Diethylene Glycol is a building block used in organic chemical synthesis for chemicals like Morpholine and 1,4-Dioxane. It is used as a solvent for nitrocellulose, dyes, and oils. The compound is a humectant used in tobacco, glue, cork, printing inks, etc. It is included in manufacturing brake fluids, wallpaper strippers, artificial log and haze solutions, heating fuel, lubricants, etc.

Additionally, DEG produces saturated and unsaturated polyester resins, plasticizers, and polyurethanes. It is included in various personal care products, such as lotions, creams, deodorants, etc. In medical sectors, a diluted solution of Diethylene Glycol is used as a cryoprotectant to prevent ice formation.

Key Players:

  • CNPC
  • Reliance Group
  • SABIC
  • BASF
  • Royal Dutch Shell PLC

News & Recent Development

  • Date: March 10, 2023– India’s drug manufacturers banned the supply of propylene glycol sourced from a firm in Delhi that supplied the chemical to Marion Biotech, which produced cough syrup that contained an unacceptable amount of Diethylene Glycol and ethylene glycol, which turned out to be the cause for the death of 18 children at Uzbekistan.

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