Global Monoethylene Glycol (MEG) Market Research Report 2022 - Market Size, Current Insights and Development Trends

SKU ID : Maia-21081844 | Publishing Date : 16-Jun-2022

Monoethylene glycol (MEG) is a colorless, odorless, syrupy liquid with a sweet taste. Monoethylene glycol is produced from ethylene via ethylene oxide, which is hydrated through the thermal or catalytic process. The product is an important raw material for manufacturing of resins, deicing fluids, heat transfer fluids, automotive antifreeze and coolants, water-based adhesives, latex paints and asphalt emulsions, electrolytic capacitors, textile fibers, paper, and leather.
The Monoethylene Glycol (MEG) market has witnessed a growth from USD XX million to USD XX million from 2017 to 2022. With a CAGR of X.X%, this market is estimated to reach USD XX million in 2029.

The report focuses on the Monoethylene Glycol (MEG) market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides strategies for companies to overcome threats posed by COVID-19.

Technological innovation and advancement will further optimize the performance of the product, enabling it to acquire a wider range of applications in the downstream market. Moreover, customer preference analysis, market dynamics (drivers, restraints, opportunities), new product release, impact of COVID-19, regional conflicts and carbon neutrality provide crucial information for us to take a deep dive into the Monoethylene Glycol (MEG) market.

Major Players in the Monoethylene Glycol (MEG) market are:
Sinopec
LOTTE CHEMICAL
BASF
Shell
Huntsman International
Dow
Reliance Industries
Formosa
SABIC
Royal Dutch Shell
LyondellBasell Industries Holdings
SIBUR
India Glycols
MEGlobal
Akzo Nobel
NAN YA PLASTICS
Chemtex Speciality

On the basis of types, the Monoethylene Glycol (MEG) market is primarily split into:
Fiber Grade
Industrial Grade
Antifreeze Grade

On the basis of applications, the market covers:
Polyester Fibre
Polyester Resins
Antifreeze and Coolants
Chemical Intermediates
Others

Major Region

s or countries covered in this report:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others

Years considered for this report:


Historical Years:

2017-2021

Base Year:

2021

Estimated Year:

2022

Forecast Period:

2022-2029

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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