Monoethylene Glycol (MEG) Market is Projected to Rise by US$ 28500 Mn till 2023

BusinessIndustryReports have new report on “Global Monoethylene Glycol (MEG) Market 2019-2023”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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Monoethylene Glycol (MEG) market size to maintain the average annual growth rate of 0.0287721863427 from 21000.0 million $ in 2014 to 24200.0 million $ in 2018, market analysts believe that in the next few years, Monoethylene Glycol (MEG) market size will be further expanded, we expect that by 2023, The market size of the Monoethylene Glycol (MEG) will reach 28500.0 million $.

Monoethylene glycol is an odorless, colorless and barely viscous liquid which is miscible in alcohols, water, aldehydes and many other organic compounds. Monoethylene glycol is one of the key commercially available glycols. The coproducts such as diethylene glycol and triethylene glycol are obtained in the manufacturing process of MEG from ethylene oxide.

Owing to their superior chemical properties including high viscosity, low freezing point and high boiling point MEG is widely employed in the manufacture coolants and deicing materials. Burgeoning automotive sector coupled with aircraft manufacturing units in emerging economies of Asia Pacific and Latin America is further likely to fuel market demand. However, threat of substitutes from higher glycol byproducts such as DEG and TEG coupled with high cost involved in refining of ethylene glycols is challenge MEG market over the next seven years. Potential health hazards of MEG on account of its toxic nature are further anticipated to pose a credible threat to market.

Key Players:

1 SABIC

2 Sinopec

3 Formosa Plastics Group (FPG)

4 Shell

5 EQUATE

6 Lotte Chemical

7 Dow and more...............

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The report covers the Segments and sub-segments of the Global Monoethylene Glycol (MEG) Market by:

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 Fiber Grade

2 Industrial Grade

3 Antifreeze Grade

Industry Segmentation:

1 Polyester Fibre

2 Polyester Resins

3 Antifreeze and Coolants

4 Chemical Intermediates

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Key questions answered in the report include:

1 What are the key factors driving the Monoethylene Glycol (MEG) market?

2 What are the key market trends impacting the growth of the global Monoethylene Glycol (MEG) market?

3 What are the challenges to Monoethylene Glycol (MEG) market growth?

4 Who are the key vendors in the global Monoethylene Glycol (MEG) market?

5 What are the market opportunities and threats faced by the vendors in the global Monoethylene Glycol (MEG) market?

6 What are the key outcomes of the five forces analysis of the global Monoethylene Glycol (MEG) market?

Table of Content:

1 Monoethylene Glycol (MEG) Product Definition

2 Global Monoethylene Glycol (MEG) Manufacturer Share and Market Overview

3 Manufacturer Monoethylene Glycol (MEG) Business Introduction

4 Global Monoethylene Glycol (MEG) Market Segmentation (Region Level)

5 Global Monoethylene Glycol (MEG) Market Segmentation (Product Type Level)

6 Global Monoethylene Glycol (MEG) Market Segmentation (Industry Level)

7 Global Monoethylene Glycol (MEG) Market Segmentation (Channel Level)

8 Monoethylene Glycol (MEG) Market Forecast 2019-2023

9 Monoethylene Glycol (MEG) Segmentation Product Type

10 Monoethylene Glycol (MEG) Segmentation Industry

11 Monoethylene Glycol (MEG) Cost of Production Analysis

12 Conclusion

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