Ethylene glycol (CH?OH)? is a colorless, clear, viscous liquid. It is used as a raw material for producing fiberglass, polyester fiber, and terephthalate resin. These compounds are further employed for manufacturing bathtubs, upholsteries, bowling balls, and packaging materials. Ethylene glycol is also extensively used as an antifreeze in airplanes, cars, and boats to prevent the radiators from overheating or freezing. Apart from this, ethylene glycol is deployed as an industrial coolant in heating, ventilating, and air conditioning (HVAC) systems and ice-skating rings. Consequently, it is witnessing a significant demand in various consumer products, including hydraulic brake fluids, automotive antifreeze, solvents, and paints.
The rising demand for ethylene glycol in the manufacturing of plastic packaging materials is primarily driving the market growth. Additionally, the increasing demand for ethylene glycol for the manufacturing of polyethylene terephthalate (PET) packaging solutions is acting as another growth-inducing factor. In line with this, rapid industrialization has further intensified the product adoption in extensive industrial applications due to its high boiling point, hygroscopicity, and resistance to corrosion, which is supporting the market growth. Moreover, the rising use of polyester fibers as a cushioning material in comforters, pillows, and upholstery paddings is providing a significant boost to the market growth. Furthermore, the increasing environmental concerns have prompted manufacturers to introduce bio-based variants of ethylene glycol, which is providing an impetus to the market growth. Other factors, such as the increasing research and development (R&D) activities, rising use of ethylene glycol in the pharmaceutical industry, and the rapid incorporation of the novel coal to ethylene glycol technology (CTEG), are creating a positive outlook for the market.
This production cost analysis report by Syndicated Analytics is the result of a comprehensive examination of the ethylene glycol manufacturing process. The study covers all the requisite aspects that one needs to know while making a foray into the ethylene glycol industry. It is based on the latest economic data and presents exhaustive insights about the primary process flow, raw material requirements, reactions involved, utility costs, operating costs, capital investments, pricing, margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the ethylene glycol industry.
The following technical and economic aspects are included in the report:
Impact of COVID-19
Mass Balance and Raw Material Requirements
Various Types of Unit Operations Involved
Raw Material Costs
Land and Construction Costs
Key Questions Answered in This Report?
What are the various unit operations involved in manufacturing ethylene glycol?
What are the raw material requirements and costs in manufacturing ethylene glycol?
What are the utility requirements and costs in manufacturing ethylene glycol?
What are the manpower requirements and costs in manufacturing ethylene glycol?
What are the packaging requirements and costs in manufacturing ethylene glycol?
What are the transportation requirements and costs in manufacturing ethylene glycol?
What are the land requirements and costs in manufacturing ethylene glycol?
What are the construction requirements and costs in manufacturing ethylene glycol?
What are the profit margins in ethylene glycol?
What should be the pricing mechanism of ethylene glycol?
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2 Scope and Methodology
2.1 Objectives of the Study
2.3 Research Methodology
3 Executive Summary
4 Global Ethylene Glycol Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Impact of COVID-19
4.4 Market Forecast
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Ethylene Glycol Price Trends
4.7.2 Product Margins
5 Ethylene Glycol Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Production Cost Analysis
6.1 Raw Material Cost Analysis
6.1.1 Price Trend of Raw Materials Required
6.1.2 Total Expense on Raw Materials
6.2 Utility Cost Analysis
6.2.1 Electricity Costs
6.2.2 Steam Costs
6.2.3 Process Water Costs
6.2.4 Total Expense on Utilities
6.3 Operating Cost Analysis
6.3.1 Salaries and Wages
6.3.2 Plant Overheads
6.3.3 Tax and Insurance
6.3.4 Packaging Costs
6.3.5 Transportation Costs
6.3.6 Sales and Administration Costs
6.3.7 Total Operating Costs
6.4 Capital Cost Analysis
6.4.1 Land and Site Development Costs
6.4.2 Civil Work Costs
6.4.3 Plant Machinery and Commissioning Costs
184.108.40.206 Plant Machinery Costs
220.127.116.11 Auxiliary Equipment Cost
18.104.22.168 Electrical Works and Piping Costs
22.214.171.124 Other Fixed Costs
6.4.4 Working Capital Requirements for Plant Operation
6.4.5 Total Capital Investment Required
6.5 Total Production Cost
7.1 Raw Material Suppliers
7.2 Pant Machinery Suppliers
List of Figures
Figure 1: Global: Ethylene Glycol Market: Major Drivers and Challenges
Figure 2: Global: Ethylene Glycol Market: Value Trends (in Million US$), 2016-2021
Figure 3: Global: Ethylene Glycol Market Forecast: Value Trends (in Million US$), 2022-2027
Figure 4: Global: Ethylene Glycol Market: Breakup by Segment (in %), 2021
Figure 5: Global: Ethylene Glycol Market: Breakup by Region (in %), 2021
Figure 6: Ethylene Glycol: Price Trends, 2016 & 2021
Figure 7: Ethylene Glycol: Margins Across Various Stages of the Supply Chain
Figure 8: Ethylene Glycol: Breakup of Costs
Figure 9: Ethylene Glycol Price Structure
Figure 10: Ethylene Glycol: Manufacturing Process Flow
Figure 11: Ethylene Glycol: Manufacturing Process: Conversion Rate of Raw Materials
Figure 12: Ethylene Glycol: Raw Material Price Trends, 2016 & 2021
List of Tables
Table 1: Ethylene Glycol Manufacturing: Raw Material Requirements
Table 2: Ethylene Glycol Manufacturing: Raw Material Costs
Table 3: Ethylene Glycol Manufacturing: Electricity Costs
Table 4: Ethylene Glycol Manufacturing: Steam Costs
Table 5: Ethylene Glycol Manufacturing: Process Water Costs
Table 6: Ethylene Glycol Manufacturing: Total Utility Costs
Table 7: Ethylene Glycol Manufacturing Plant: Costs Related to Salaries and Wages
Table 8: Ethylene Glycol Manufacturing: Packaging Costs
Table 9: Ethylene Glycol Manufacturing: Transportation Costs
Table 10: Ethylene Glycol Manufacturing: Sales and Administration Costs
Table 11: Ethylene Glycol Manufacturing: Total Operating Costs
Table 12: Ethylene Glycol Manufacturing: Costs Related to Land and Site Development
Table 13: Ethylene Glycol Manufacturing: Costs Related to Civil Works
Table 14: Ethylene Glycol Manufacturing: Costs Related to Plant Machinery
Table 15: Ethylene Glycol Manufacturing: Costs Related to Auxiliary Equipment
Table 16: Ethylene Glycol Manufacturing: Costs Related to Electrical works and Piping
Table 17: Ethylene Glycol Manufacturing: Total Costs Related to Plant Machinery and Commissioning
Table 18: Ethylene Glycol Manufacturing: Working Capital Requirements
Table 19: Ethylene Glycol Manufacturing: Total Capital Investment Required
Table 20: Ethylene Glycol Manufacturing: Total Production Cost
Table 21: Ethylene Glycol Manufacturing: Raw Material Suppliers
Table 22: Ethylene Glycol Manufacturing: Machinery Suppliers