India Diethylene Glycol Market Size, Share, and COVID-19 Impact Analysis, By Application (Plasticizers, Personal Care, Chemical Intermediates, Lubricant, Other), By End-User Industry (Plastics, Agrochemicals, Cosmetic and Personal Care, Paints and Coatings, Other), and India Diethylene Glycol Market Insights, Industry Trend, Forecasts to 2035

India Diethylene Glycol Market Size Insights Forecasts To 2035

• The India Diethylene Glycol Market Size Was Estimated At USD 217.5 Million In 2024
• The Market Size Is Expected To Grow At A CAGR Of Around 6.3% From 2025 To 2035
• The India Diethylene Glycol Market Size Is Expected To Reach USD 426 Million By 2035

According to a research report published by Spherical Insights & Consulting, The India Diethylene Glycol Market Size Is Anticipated To Reach USD 426 Million By 2035, Growing At A CAGR Of 6.3% From 2025 To 2035. India diethylene glycol market is driven by rising demand from polyester resins, textiles, automotive antifreeze, and pharmaceuticals. Rapid industrialization, infrastructure growth, expanding packaging sector, and increasing use of solvents and plasticizers further support steady market growth.

Market Overview

India diethylene glycol (DEG) market size refers to the production and consumption of DEG, a colorless, hygroscopic liquid widely used as a solvent, antifreeze, plasticizer, and chemical intermediate. The market is growing steadily due to rising demand from polyester resins, textiles, automotive coolants, pharmaceuticals, and packaging industries. Rapid industrialization, urban infrastructure development, expansion of the textile and plastic processing sectors, and increasing domestic chemical manufacturing capacity are key growth drivers. Supportive government policies promoting local chemical production further strengthen market expansion.

One major trend is increasing consumption of DEG in polyester resins and PET manufacturing, driven by strong demand from textiles and packaging. Second, the growth of the automotive sector is boosting DEG usage in antifreeze and coolant formulations due to rising vehicle production. Third, pharmaceutical and personal care industries are adopting higher-purity DEG grades to meet stringent quality and safety standards. Fourth, import substitution is gaining momentum as Indian producers expand capacities to reduce dependence on international suppliers, improving supply security and price stability across end-use industries.

Technological advancements in the India diethylene glycol market size focus on process efficiency, product purity, and sustainability. Manufacturers are adopting advanced catalytic hydration and distillation technologies to improve yield and energy efficiency while reducing emissions. Automation and digital monitoring systems are being integrated into production plants to ensure consistent quality and lower operational costs. Additionally, efforts toward cleaner production, waste heat recovery, and improved by-product management align with environmental regulations. These technological improvements enhance competitiveness, support large-scale downstream applications, and position India as a stronger regional supplier of diethylene glycol.

Report Coverage

This research report categorizes the market size for the India diethylene glycol market based on various segments and regions, and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the India diethylene glycol market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the India diethylene glycol market.

Driving Factors

The India diethylene glycol market size is driven by strong demand from polyester resins, textiles, and PET packaging industries, supported by rapid urbanization and rising consumer goods consumption. Growth in the automotive sector increases DEG usage in antifreeze and coolant applications. Expanding pharmaceutical and personal care industries further boost demand for high-purity grades. Additionally, increasing domestic chemical manufacturing capacity, import substitution initiatives, infrastructure development, and supportive government policies encouraging local production collectively contribute to sustained market growth across multiple end-use sectors.

Restraining Factors

The India diethylene glycol market size faces restraints from fluctuating raw material prices linked to ethylene oxide and crude oil volatility. Strict environmental and safety regulations increase compliance costs for manufacturers. Additionally, health concerns over DEG misuse, supply chain disruptions, and competition from alternative glycols limit market expansion and affect overall demand growth.

Market Segmentation

The India diethylene glycol market share is classified into application and end-user industry.

• The chemical intermediates segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The India diethylene glycol market size is segmented by application into plasticizers, personal care, chemical intermediates, lubricants, and others. Among these, the chemical intermediates segment accounted for the largest revenue market share in 2024 and is expected to grow at a significant CAGR during the forecast period. The chemical intermediates segment dominates the market because DEG is widely used in producing polyester resins, polyurethanes, and specialty chemicals. The rapid growth of the textile, packaging, construction, and automotive sectors increases demand for these downstream products. Additionally, DEG’s cost-effectiveness, versatility, and compatibility with large-scale industrial processes make it a preferred raw material for manufacturers, resulting in higher consumption compared to personal care, lubricants, and plasticizer applications.

• The plastics segment accounted for the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The India diethylene glycol market size is segmented by end user industry into plastics, agrochemicals, cosmetic and personal care, paints and coatings, and other. Among these, the plastics segment accounted for the largest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. The plastics segment dominates the market due to its extensive use in polyester resins, PET, and polymer intermediates. Rapid growth in the packaging, textiles, construction, and automotive industries drives high plastic consumption. Diethylene glycol improves the flexibility, durability, and processing efficiency of plastics, making it a preferred input. Large-scale production volumes and continuous demand from plastic manufacturers result in significantly higher DEG usage compared to agrochemicals, paints and coatings, and personal care industries.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the India diethylene glycol market size, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Reliance Industries Limited
• Indian Oil Corporation Limited (IOCL)
• Tata Chemicals Limited
• Acuro Organics Limited
• Vizag Chemical International
• India Glycols Limited
• Mine Chem India
• Rivaan Pharmachem Private Limited
• Neet Preservatives
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the India, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the India diethylene glycol market based on the below-mentioned segments:

India Diethylene Glycol Market, By Application

• Plasticizers
• Personal Care
• Chemical Intermediates
• Lubricant
• Other

India Diethylene Glycol Market, By End-User Industry

• Plastics
• Agrochemicals
• Cosmetic and Personal Care
• Paints and Coatings
• Other