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Asia Ethylene Glycol Market: By Type (MEG, TEG and DEG), By End-User Application (Polyester Fibres, PET bottles/films, Antifreeze and Others) and By Geography - Forecast to 2020 Published on – 18 February, 2016 | Number of pages : 88 Single User Price: $3650 MarketIntelReports newly published a research report on Asia Ethylene Glycol Market with covering detailed analysis on market segmentation, global notable vendors, geographical outlook, price & financial updates, segment & application approach and future forecasts.
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The Report “Asia Ethylene Glycol Market: By Type (MEG, TEG and DEG), By End-User Application (Polyester Fibres, PET bottles/films, Antifreeze and Others) and By Geography – Forecast to 2020”, published by MarketIntelReports, estimates the market to reach $15.6 billion by 2020 Ethylene Glycol (EG) is a derived product of ethylene oxide. EG is an organic compound which is mainly used as a raw-material in various applications such as manufacturing of polyester fibers in textile industry, polyethylene terephthalate (PET) in bottle manufacturing and production of antifreeze in automotive industry. There are three types of ethylene glycol such as mono- ethylene glycol (MEG), diethylene glycol (DEG) and triethylene glycol (TEG).
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Mono-ethylene glycol is commonly used for commercial purposes. While production of Mono-ethylene glycol, two co-products are also formed i.e. diethylene glycol (DEG) and triethylene glycol (TEG).MEG are mainly used in antifreeze, polyesters, polyethylene terephthalate (PET), used for fibers, film, solid-state resins, and other products. DEG and TEG are used in variety of end products and also as chemical intermediates. The key factors that led to escalating demand for ethylene glycol is the rise in usage of plastics i.e. PET bottles/films in the food and beverages packaging industry. According to a recent study from MarketIntelReports the Asian market value of ethylene glycol was nearly equal to $11.7 Billion in 2014, where the polyester fibres accounted for 69% of the total market. China is the dominating country in mono-ethylene glycol market in APAC region. Click Here To Check Complete Report
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China is the leading market with generated revenue of $8.41 million revenue in 2014, projected to upsurge at a high CAGR of 6.5% in the forecast period 2014-2020. China and India are the major contributor of Asian ethylene glycol market. The Major Players in Asian Ethylene Glycol Market includes: China Petrochemical Corporation NAN YA PLASTICS Corporation Reliance Industries Limited Oriental Union Chemical Corporation Royal Dutch Shell plc. The Asia Ethylene Glycol Report provides detailed analysis of the different type of end-users market, type, and end-user applications. The Asia Ethylene Glycol Market study across various end-user industries is incorporated in the report: Polyester Fibers PET Bottles/Films Antifreeze Others Asia ethylene glycol market is also presented from the perspective of key countries for above mention end-user industries. Production and demand scenario for ethylene glycol (EG) is highlighted and major market players are profiled. Download Sample Brochure
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Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors? You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report. Make an Inquiry Before Buying
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Asia Ethylene Glycol Market: By Type (MEG, TEG and DEG), By End-User Application (Polyester Fibres, PET bottles/films, Antifreeze and Others) and By Geography - Forecast to 2020 A detailed qualitative analysis of the factors responsible for driving and restraining growth of the Asia Ethylene Glycol: Market Shares, Strategies, and Forecasts, Worldwide, 2016 to 2022 and future opportunities are provided in the report. Contact: 1-302-684-6088 sales@marketintelreports.com www.marketintelreports.com Click Here To Order Asia Ethylene Glycol Market Research Report Click Here To Order Asia Ethylene Glycol Market Research Report
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