Global Mono Ethylene Glycol MEG Markethas been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The growing demand for polyester from the textile industry is also likely to stimulate the MEG market during the forecast period.
The driving force for polyester fibers market is the increasing demand from the textile industry, primarily in the Asia-Pacific region. The rise in demand from the automotive industry, where MEG is used as antifreeze and coolants, is a major factor contributing to the growth of the mono-ethylene glycol market in Asia-Pacific.
North America and Europe are likely to show a sluggish growth owing to the presence of stringent regulations regarding the manufacturing of the product. The demonstration plant is likely to be built in Denmark, where operations are likely to begin in Reason to Purchase the Report To understand the impact of various production process type on the market.
To understand the dominating application and end-user industry in the market. Identify the countries expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players. Customization of the Report This report can be customized to meet your requirements.
Please connect with our analyst, who will ensure you get a report that suits your needs.Ethylene Glycol or Mono Ethylene Glycol prices are covered weekly by ICIS reporters in Europe, US, Asia and China.
There are also margin reports in Europe, US and Asia. The global mono-ethylene glycol (MEG) market is expected to witness a CAGR of % owing to the increase in utilization of polyethylene terephthalate (PET) in the packaging industry. The growing demand for polyester from the textile industry is also likely to stimulate the MEG market during the forecast period.
The global market for ethylene glycol is expected to reach USD billion by , according to a new study by Grand View Research, Inc.
Growing demand for polyethylene terephthalate (PET) for packaging applications, primarily in Asia Pacific and Latin America is expected to .
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