Mono Ethylene Glycol Market Research Report - Forecast to 2023 Industry Survey, Growth, Competitive Landscape and Forecasts to 2023 PREPARED BY Market Research Future (Part of Wantstats Research & Media Pvt. Ltd.)

Mono Ethylene Glycol Market Research Report- Forecast to 2023 The Global Monoethylene Glycol (MEG) Market is growing rapidly mainly due to the prominence of MEG the as a raw material in the manufacturing of resins, heat transfer fluids, de-icing fluids, automotive antifreeze and coolants, latex paints and asphalt emulsions, water-based adhesives, electrolytic capacitors, paper, leather, and textile fibers. Besides, the augmenting demand for MEG in the production of polyester fiber and PET acts as a tailwind substantiating the market growth to an extent. Recognizing the traction the market is witnessing currently; Market Research Future (MRFR) has in its recently published study report asserts that the Global Mono Ethylene Glycol Market will garner fabulous accruals by 2023, posting a steady CAGR during the assessment period ( ). Additional factors supporting the market growth include increasing population along with the increasing urbanization & industrialization worldwide. Improving economy across the globe augments the demand for the product from the industries such as packaging, automotive, and textiles, enhancing consumers purchasing power. On the other hand, the volatility in raw material cost and health hazards related to the product use are expected to present challenges to the market growth. Nevertheless, the emergence of production of bio-based MEG from sugar is expected to provide substantial opportunities to the market growth over the review period. Mono Ethylene Glycol Market - Overview

Mono Ethylene Glycol Market Research Report- Forecast to 2023 The MRFR analysis is segmented into three key dynamics:- By Applications: Polyester Fiber, Polyethylene Terephthalate (PET), Antifreeze & Coolants, Solvent, and Chemical Intermediate among others. By End-Use Industries: Packaging, Automotive, Textiles, Paper, Leather, and Chemicals, among others. By Regions: North America, Europe, APAC and the Rest-of-the-World. View Full Press Segmental Analysis

Mono Ethylene Glycol Market Research Report- Forecast to 2023 Regional Outlook The Asia Pacific region leads the Global Mono-Ethylene Glycol Market with the largest market share. The market is growing with the increasing demand for polyester fiber, consumer goods manufacturing and the expanding production capacities in the region. Besides, the increasing industrial sector in China and India fosters the market growth in the region. The region is expected to retain its dominance during the forecast period. On the other hand, Monoethylene Glycol Market in North America and Europe region are expected to experience a sluggish growth due to the stringent regulations imposed on the manufacturing of the product by various associations such as Toxic Substances Control Act, European Protection Agency, and European Union.

Mono Ethylene Glycol Market Research Report- Forecast to 2023 Major Players in this Research Mono Ethylene Glycol Market Prominent Players: SABIC (Saudi Arabia) The Dow Chemical Company (U.S.) Akzo Nobel N. V. (Netherlands) Mitsubishi Chemical Corporation (Japan) Royal Dutch Shell plc (Netherlands) LOTTE Chemical CORPORATION (South Korea) China Petroleum & Chemical Corporation (China) Exxon Mobil Corporation (U.S.) BASF SE (Germany) MEGlobal (UAE) Formosa Plastics Corporation (Taiwan) Get Free Sample

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