Feb 13, 2019   SOURCE: BusinessWire

Global Ethylene Glycol Market (2019-2023) is Witnessing High Growth from Developing Countries - ResearchAndMarkets.com

The "Global Ethylene Glycol Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The global ethylene glycol market will register a CAGR of almost 4% by 2023.

The global ethylene glycol market is witnessing high growth from developing countries

Many vendors are shifting their manufacturing activities to these developing countries. Factors such as availability of raw materials, low transportation costs, cheap labor and less stringent regulations are expected to drive the market's growth.

The emergence of China and India as the manufacturing hubs for textiles and packaging industries in APAC is also expected to drive the demand for ethylene glycol. The growth of the automobile industry in APAC is attributed to the development of road infrastructure and increase in per capita of vehicles owned.

Increase in demand from PET bottles

The growing use of ethylene glycol for the production of PET bottles is expected to drive the market's growth. PET resins are used in the production of beverage bottles and injection molded consumer product containers. The ongoing product development and technological enhancement in the global PET bottles market help in the establishment of value proposition to buyers.

Growing concerns associated with plastic packaging

The growing environmental concern regarding the use of plastics for packaging will be a major challenge for the global ethylene glycol market. Further, the improper disposal of plastic packaging along with food waste results in consumption by animals: causing life threats to the animal habitat. In addition, the volatile organic compounds (VOCs) emitted during the process of packaging pose a significant threat to the environment.

Competitive Landscape

The market appears to be moderately fragmented and with the presence of few vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Polyester fiber and films - Market size and forecast 2018-2023
  • PET - Market size and forecast 2018-2023
  • Antifreeze and coolant - Market size and forecast 2018-2023
  • Others - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Middle East and Africa - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DRIVERS AND CHALLENGES

PART 10: MARKET TRENDS

  • Introduction of novel production technology for ethylene glycol
  • Growing demand for bio-based ethylene glycol
  • Increase in production of natural gas in the US

PART 11: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 12: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • China Petroleum & Chemical
  • DowDuPont
  • LyondellBasell Industries Holdings
  • SABIC
  • Shell International

For more information about this report visit https://www.researchandmarkets.com/research/qt4zgj/global_ethylene?w=4