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

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

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 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:

Shell
LOTTE CHEMICAL
Akzo Nobel
Sinopec
MEGlobal
SABIC
Reliance Industries
LyondellBasell Industries Holdings
SIBUR
Formosa
NAN YA PLASTICS
BASF
Chemtex Speciality
Dow
India Glycols
Royal Dutch Shell
Huntsman International

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

Bio – Based Monoethylene Glycol (MEG)
Gas Based Monoethylene Glycol (MEG)
Naphtha Based Monoethylene Glycol (MEG)
Coal Based Monoethylene Glycol (MEG)
Methanol – To – Olefins Monoethylene Glycol (MEG)

On the basis of applications, the market covers:

Textiles & Leather
Packaging
Adhesives & Sealants
Paints & Coatings
Chemical
Others

Major Regions 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