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Monoethylene Glycol (Meg) Market By Application (Polyethylene Terephthalate (Peg), Polyester Fiber, Coolants & Antifreeze) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Monoethylene is a colorless, odorless liquid which is known as the daughter product of ethylene oxide. Diethylene oxide and triethylene dioxide are the coproducts obtained in the manufacturing process of monoethylene glycol. Monoethylene glycol is widely used in various end-user industries. The major applications of monoethylene glycol range from textile industry to packaging industry. It is used as a raw material in the manufacture of polyethylene terephthalate (PET), polyester fiber and coolant & antifreeze among others. Hence high demand is reported from various end-user industries worldwide.

Asia Pacific accounted for the largest share of global monoethylene glycol market in 2016. China is known as the global textile manufacturer. Polyester is manufactured using monoethylene glycol. These fibers are used on a large scale in the textile industry to manufacture casual wear and sportswear among other apparels. Hence, high demand from the textile industry is boosting growth of monoethylene glycol in the global market. Polyethylene terephthalate accounted as the fastest growing application of MEG in the market. PET is majorly used in the manufacture of bottles and packaging products. Therefore, growing packaging industry and high consumption of PET in this industry is driving the growth of global monoethylene glycol in the market. Monoethylene glycol is also projected to experience growing demand from the automotive industry. It is used in manufacturing automotive coolant and antifreeze. It is also used as a deicing agent in the snowy areas worldwide. Hence, high demand from various end-user industries for different applications has led to growth of global monoethylene glycol market.

Monoethylene glycol (MEG) market is expected to reach over US$ 37.5 Bn by 2022, growing at a CAGR of 6.0% during the forecast period 2016-2021.

Monoethylene Glycol (MEG) Market

Purpose of the Report

The purpose of this strategic research study titled “Global Monoethylene glycol (MEG) Market - Growth, Share, Opportunities, and Competitive Analysis, 2014 – 2021” is to provide company executives, industry investors, and industry participants with in-depth insights to enable them make informed strategic decisions regarding the opportunities in the global monoethylene glycol (MEG) market.

Target Audience

  • Industry Investors
  • Monoethylene glycol (MEG) Providers/Vendors
  • Research Professionals
  • Emerging Companies
  • Raw Material Suppliers/ Buyers
  • Product Suppliers/ Buyers
  • Research Institutes

USP and Key Offerings

The report titled “Global Monoethylene glycol (MEG) Market - Growth, Share, Opportunities, and Competitive Analysis, 2014 – 2021” offers strategic insights into the global monoethylene glycol (MEG) market along with the market size and estimates for the duration 2014 to 2021. The said research study covers in-depth analysis of multiple market segments based on applications, functions and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading monoethylene glycol (MEG) vendors, their expansion strategies, market positioning, and latest developments. Other in-depth analyses provided in the report include:

  • Current and future market trends to justify the forthcoming attractive markets within monoethylene glycol (MEG) industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global monoethylene glycol (MEG) market, of growth, offering market size and estimates for the period from 2014 to 2021, keeping in mind the above mentioned factors.

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Published Date:  May 2016
Category:  Chemicals
Report ID:   57859
Report Format:   PDF
Pages:   120
Rating:    4.5 (55)
Delivery Time: 24 Hours to 48 Hours   
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