Global Mono Ethylene Glycol MEG Market Research Report 2023(Status and Outlook)

Global Mono Ethylene Glycol MEG Market Research Report 2023(Status and Outlook)

Report Overview

Monoethylene Glycol (MEG) or ethylene glycol is one of the important commercially available glycol. It is produced industrially from ethylene or ethylene oxide. In this process of manufacturing MEG two co-products are obtained, diethylene glycol (DEG) and triethylene glycol (TEG).

It is an important raw material for the number of industrial applications including manufacturing of polyester fiber, fabrics and polyethylene terephthalate used to manufacture bottles. Other industrial uses comprise of being used as a coolant, heat transfer agents, antifreeze and also as a hydrate inhibitor in gas pipelines.

The Global Mono Ethylene Glycol MEG Market Size was estimated at USD 20230.00 million in 2022 and is projected to reach USD 25220.50 million by 2029, exhibiting a CAGR of 3.20% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Mono Ethylene Glycol MEG market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Mono Ethylene Glycol MEG Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Mono Ethylene Glycol MEG market in any manner.

Global Mono Ethylene Glycol MEG Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Akzo Nobel

BASF

Dow

Huntsman International

LyondellBasell

Shell

Chemtex Speciality

SABIC

Lotte Chemical

MEGlobal

Formosa Plastics Group (FPG)

Reliance Industries

India Glycols

INEOS

GELSENCHEM

Sinopec

Nippon Shokubai

Petro Rabigh

Nan Ya Plastics

Market Segmentation (by Type)

Gas Based

Naphtha Based

Coal Based

Others

Market Segmentation (by Application)

Utility Vehicles

Passenger Cars

Commercial Vehicles

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Mono Ethylene Glycol MEG Market

Overview of the regional outlook of the Mono Ethylene Glycol MEG Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors