Global Mono Ethylene Glycol (MEG) Market Growth 2023-2029
Monoethylene glycol is a colorless, virtually odorless and slightly viscous liquid. It is miscible with water, alcohols, aldehydes and many organic compounds.
LPI (LP Information)' newest research report, the “Mono Ethylene Glycol (MEG) Industry Forecast” looks at past sales and reviews total world Mono Ethylene Glycol (MEG) sales in 2022, providing a comprehensive analysis by region and market sector of projected Mono Ethylene Glycol (MEG) sales for 2023 through 2029. With Mono Ethylene Glycol (MEG) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Mono Ethylene Glycol (MEG) industry.
This Insight Report provides a comprehensive analysis of the global Mono Ethylene Glycol (MEG) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Mono Ethylene Glycol (MEG) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Mono Ethylene Glycol (MEG) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Mono Ethylene Glycol (MEG) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Mono Ethylene Glycol (MEG).
The global Mono Ethylene Glycol (MEG) market size is projected to grow from US$ 28070 million in 2022 to US$ 46160 million in 2029; it is expected to grow at a CAGR of 46160 from 2023 to 2029.
Currently, leaning on the natural oil resources, manufacturers in this industry are concentrated in North America, Europe, Middle East, China and Asia Pacific. Global major monoethylene glycol producers are Sabic, Sinopec, Formosa Plastic, Shell, EQUATE, Lotte Chemical, Dow, SPDC, CNPC, Reliance Industry, INEOS, BASF, NIOC, SHAZAND Company, OUCC. Those companies are all global famous oil companies, with about 61% market shares.
This report presents a comprehensive overview, market shares, and growth opportunities of Mono Ethylene Glycol (MEG) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Fiber Grade
Technical Grade
Segmentation by application
Polyester Fibre
PET Bottle & Films
Antifreeze and Coolants
Chemical Intermediates
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
BASF
LyondellBasell
Shell
Chemtex Speciality
SABIC
Lotte Chemical
MEGlobal
Formosa Plastics Group (FPG)
Reliance Industries
Petro Rabigh
India Glycols
INEOS
Sinopec
Nippon Shokubai
Arham Petrochem
Exxon Mobil
Key Questions Addressed in this Report
What is the 10-year outlook for the global Mono Ethylene Glycol (MEG) market?
What factors are driving Mono Ethylene Glycol (MEG) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Mono Ethylene Glycol (MEG) market opportunities vary by end market size?
How does Mono Ethylene Glycol (MEG) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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