Global Diethylene Glycol (DEG) Market Set to Grow Exponentially During the Forecast 2015-2021

New York City, NY -- (SBWIRE) -- 10/07/2016 -- Diethylene glycol (DEG) also known as ethylene diglycol is an organic compound. The compound is colorless, almost odorless, poisonous and a hygroscopic liquid with a sweetish taste. It is soluble in water, alcohol, ether, acetone and ethylene glycol. This compound is largely used as a solvent. DEG is chemically produced by the partial hydrolysis of ethylene oxide. Demand for the derivatives of the primary product ethylene glycol will drive the market for Diethylene glycol. The compound is normally found to be a contaminant in a variety of consumer products that has resulted in a number of epidemics of poisoning for a long period. DEG is a poisonous compound is toxic to the environment as well. Hence, the governments of various countries have imposed various regulations against its use.