Feb 21, 2020   SOURCE: BusinessWire

Global Monoethylene Glycol Market Analysis, Trends, and Forecasts 2020-2025 - ResearchAndMarkets.com

The "Monoethylene Glycol (MEG) - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Monoethylene Glycol (MEG) market worldwide is projected to grow by US$8.2 Billion, driven by a compounded growth of 4.3%.

Fiber, one of the segments analyzed and sized in this study, displays the potential to grow at over 4.7%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$10.6 Billion by the year 2025, Fiber will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 3.4% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$292.7 Million to the region's size and clout in the next 5 to 6 years. Over US$237.5 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Fiber will reach a market size of US$474.3 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 6.9% over the next couple of years and add approximately US$2.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

  • Akzo Nobel NV
  • BASF SE
  • Clariant AG
  • DowDuPont, Inc.
  • Eastman Chemical Company
  • EQUATE Petrochemical - MEGlobal
  • Exxon Mobil Corporation
  • Formosa Plastics Corporation
  • Huntsman International LLC
  • India Glycols Limited
  • Indian Oil Corporation Ltd.
  • Indorama Ventures Public Company Limited
  • Ineos Oxide
  • Kuwait Petroleum Corporation
  • LG Chem
  • Lotte Chemical Corporation
  • Mitsubishi Chemical Corporation
  • Mitsui Chemicals, Inc.
  • PTT Global Chemical Public Company Limited
  • Reliance Industries Ltd.
  • Royal Dutch Shell PLC
  • SABIC (Saudi Basic Industries Corporation)
  • SIBUR Holding OJSC
  • Sinopec Corporation

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Monoethylene Glycol (MEG): A Prelude
  • Increasing Demand and Resultant Surge in Production of Polyester Fiber Boosts Demand for MEG
  • Global Demand for Polyester Fiber: Breakdown in Million Metric Tons for the Years 2017, 2019, 2021, 2023 and 2025
  • Global Fiber Demand: Percentage Breakdown by Fiber Type for the Year 2017
  • MEG: Production Capacity and Pricing Trend
  • Global MEG Production Capacity in Million tons by Region for the Year 2018
  • Global Mono-Ethylene Glycol Capacity in Million Tons by Process for the Year 2018
  • Projected MEG Production Capacity Expansions Worldwide by Select Companies through 2021 in 000 Tonnes/Year
  • Global Monthly MEG Prices in US$/Ton by Select Regions for the Year 2017
  • MEG Prices in China and the US in US$/Ton by Month for the Year 2016-2017
  • Competition
  • MEG: A Fragmented Market
  • Global Glycol Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
  • Global Competitor Market Shares
  • Monoethylene Glycol (MEG) Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Growing Use of PET in Packaging Industries Bode Well for Growth of MEG Market
  • Global PET Bottles Market: Sales in Billion Units for the Years 2017, 2019, 2021, 2023 and 2025
  • Growing Demand for MEG in Antifreeze & Coolant Applications
  • High Potential for the Development of Bio-Based MEG: An Opportunity Indicator
  • Product Overview
  • Monoehtylene Glycol (MEG) - An Introduction

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Monoethylene Glycol (MEG) Market Share (in %) by Company: 2019 & 2025
  • Increasing Demand for Antifreeze Components in HVAC, Automotive and Aerospace Industries Drives Growth in the US MEG Market
  • US Antifreeze Market: Revenues in US$ Million by Applications for the Years 2017, 2019, 2021 and 2023
  • Market Analytics

CANADA

JAPAN

CHINA

  • Huge Demand for Polyester from Textiles and PET Bottles Drives Growth for MEG in China
  • Chinese MEG Market: Imports and Exports of MEG in Million Tons for the Years 2016 and 2017
  • Chinese MEG Market: Imports of MEG to China by Origin from Select Countries in Tonnes for the Year 2018
  • Rising Demand for Antifreeze Components in Automotive Industry: Business Case for MEG Growth
  • Market Analytics

EUROPE

  • Market Facts & Figures
  • European Monoethylene Glycol (MEG) Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

  • Indian MEG Market: An Overview
  • Imports and Exports of MEG in the Indian Market in KT for the Years 2015-16 and 2016-17
  • Market Analytics

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/pb2tnc