Monoethylene Glycol Market Growing at 3.2% CAGR Will Hit 31000 Million US$in 2025

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Los Angeles, CA -- (ReleaseWire) -- 04/20/2019 --Monoethylene glycol is a colorless, virtually odorless and slightly viscous liquid. It is miscible with water, alcohols, aldehydes and many organic compounds.

Monoethylene glycol (MEG), which is mainly used in polyester industry, has an irreplaceable position in the chemical industry. Also, it can be used in antifreeze and coolants industry, chemical intermediates industry, heat transfer fluids industry and etc.

Raw material of monoethylene glycol is ethylene oxide. Most monoethylene glycol manufacturers also produced raw material by themselves, which may reduce production cost greatly.

The global Monoethylene Glycol (MEG) market was 24100 million US$ in 2018 and is expected to 31000 million US$ by the end of 2025, growing at a CAGR of 3.2% between 2019 and 2025.

This report studies the Monoethylene Glycol (MEG) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Monoethylene Glycol (MEG) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

SABIC

Sinopec

Formosa Plastics Group (FPG)

Shell

EQUATE

Lotte Chemical

Dow

SPDC

CNPC

Reliance Industries

OUCC

INEOS

LyondellBasell

BASF

NIOC

Farsa Chimie

PTT Global Chemical

IndianOil

Indorama Ventures

Sibur

PJSC Kazanorgsintez

Nippon Shokubai

SHAZAND Company

Huntsman

Maruzen Petrochemical

By the product type, the market is primarily split into

Fiber Grade

Industrial Grade

Antifreeze Grade

By the end users/application, this report covers the following segments

Polyester Fibre

Polyester Resins

Antifreeze and Coolants

Chemical IntermediatesMonoethylene glycol is a colorless, virtually odorless and slightly viscous liquid. It is miscible with water, alcohols, aldehydes and many organic compounds.

Monoethylene glycol (MEG), which is mainly used in polyester industry, has an irreplaceable position in the chemical industry. Also, it can be used in antifreeze and coolants industry, chemical intermediates industry, heat transfer fluids industry and etc.

Raw material of monoethylene glycol is ethylene oxide. Most monoethylene glycol manufacturers also produced raw material by themselves, which may reduce production cost greatly.

The global Monoethylene Glycol (MEG) market was 24100 million US$ in 2018 and is expected to 31000 million US$ by the end of 2025, growing at a CAGR of 3.2% between 2019 and 2025.

This report studies the Monoethylene Glycol (MEG) market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Monoethylene Glycol (MEG) in these regions, from 2014 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

SABIC

Sinopec

Formosa Plastics Group (FPG)

Shell

EQUATE

Lotte Chemical

Dow

SPDC

CNPC

Reliance Industries

OUCC

INEOS

LyondellBasell

BASF

NIOC

Farsa Chimie

PTT Global Chemical

IndianOil

Indorama Ventures

Sibur

PJSC Kazanorgsintez

Nippon Shokubai

SHAZAND Company

Huntsman

Maruzen Petrochemical

By the product type, the market is primarily split into

Fiber Grade

Industrial Grade

Antifreeze Grade

By the end users/application, this report covers the following segments

Polyester Fibre

Polyester Resins

Antifreeze and Coolants

Chemical Intermediates

Key Regions split in this report:

North America

Asia-Pacific

Europe

Central & South America

Middle East & Africa

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