Monoethylene Glycol Market: Global Product Intelligence, Industry Analysis, Size, Share, Growth, Trends and Forecast – 2023

We have produced a new premium report Monoethylene Glycol Market. The report covers the analysis of global as well as regional markets of Monoethylene Glycol. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Monoethylene Glycol Market by grades(polyester grade, industrial grade, antifreeze grade and low conductivity grade), applications(polyester resin, polyester fibers, antifreeze & coolants, chemical intermediates, heat transfer fluids) through main geographies in the Global Monoethylene Glycol Market such as North America, Europe, Asia-Pacific and RoW. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Monoethylene Glycol Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Monoethylene Glycol Market are Nan YA Plastics (Huizhou), Zhenhai Refining & Chemicals, BASF SE, Exxonmobil Corportion, Formosa Plastic Group, Akzonobel, Lyondellbasell, Meglobal and Honam Petrochemical Corporation. The global monoethylene glycol market is projected to grow with a CAGR between 6.0% and 6.5% during 2017-2023.

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Segments covered:

The report segments the monoethylene glycol market by grades and by applications. Monoethylene glycol market segmentation based on different grades include polyester grade, industrial grade, antifreeze grade and low conductivity grade. Moreover, the global monoethylene glycol market based on application is segmented into polyester resin, polyester fibers, antifreeze & coolants, chemical intermediates, heat transfer fluids and others.

Geographic coverage and analysis:

The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section the key trends and market size for each geography is provided over the period of 2017 – 2023. Due to consumption of nearly half of the global mono ethylene glycol. Furthermore, Asia Pacific is expected to continue its dominance and is anticipated to grow at the highest CAGR rate over the forecast period due to rapid growth of end use industries such as automobile, packaging, and textile in China, India and South Korea. Following the Asia Pacific Region, North America and Europe were also accounted to have a strong hold on global mono ethylene glycol market. Furthermore, these regions are expected to have a moderate growth rate over the forecast period owing to their serial recovery from the economic slowdown. Moreover, Latin America (covered in row region) is expected to grow gradually over the forecast period due to rapid industrialization and changing lifestyle of the consumers in Brazil and other countries.

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Companies Profiled:

The companies covered in the report include Sabic, The Dow Chemical Company, Royal Dutch Shell Plc, Reliance Industries Limited, Nan YA Plastics (Huizhou), Zhenhai Refining & Chemicals, BASF SE, Exxonmobil Corportion, Formosa Plastic Group, Akzonobel, Lyondellbasell, Meglobal and Honam Petrochemical Corporation.

Report highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of monoethylene glycol globally as well as regionally. Moreover, IGR-growth matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as porter’s five forces analysis and value chain analysis of monoethylene glycol.

Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the monoethylene glycol market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market strategies of the leading players. This report will help manufacturers, suppliers and distributors of the monoethylene glycol market to understand the present and future trends in this market and formulate their strategies accordingly.

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