1 / 6

monoethylene glycol market Growth & Forecast To 2027

The study segments the monoethylene glycol industry in light of major classification such as product type, potential markets, application, and end-user.

RayMarchant
Download Presentation

monoethylene glycol market Growth & Forecast To 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Monoethylene Glycol Market To Reach USD 36.98 Billion By 2026

  2. Market Summary According to the current analysis of Reports and Data, The global monoethyleneglycol market was valued at USD 25.62 Billion in 2018 and is expected to reach USD 36.98 Billion by year 2026, at a CAGR of 4.7%. Monoethylene glycol is primarily used in the manufacturing of PET and polyester resins. Monoethyleneglycol is produced from ethylene via ethylene oxide, which is hydrated through thermal or catalytic process. Monoethyleneglycol (MEG) is a colorless, odorless, syrupy liquid with sweet taste. Mono-ethylene Glycol (MEG) can be used for applications that require chemical intermediates for resins, solvent couplers, freezing point depression, solvents, humectants and chemical intermediates. The increasing use of monoethyleneglycol in polyester fiber and polyethylene terephthalate (PET) industries is propelling the growth of the global monoethyleneglycol market. The product is a significant raw material for industrial of resins, deicing fluids, heat transfer fluids, automotive antifreeze and coolants, water-based adhesives, latex paints and asphalt emulsions, electrolytic capacitors, textile fibers, paper, and leather. It can also be used as a coolant material, anti-corrosion agent, dewatering agent, anti-freeze, aircraft anti-icerand deicers, and chemical intermediate. Further key findings from the reportsuggest: •Polyester fabrics are extensively used in apparels, home furnishings, yarns & ropes and other industrial applications including conveyer belts and insulating tapes which are likely to drive the demand for MEG over the forecast period. •The production of Polyester fibers in the past years has been increasing. This increasing trend will also be observed during the forecast period.Roughly, 0.345 Kg of MEG is used to make 1 Kg of Polyester

  3. Market Summary Key Players: LyondellBasell, The Dow Chemical Company, ME Global, SABIC, ExxonMobil Corporation, Formosa Plastic Group, AkzoNobel and Honam Petrochemical Corporation Segmentation: Technology (Revenue,USD Million; 2016–2026) • Naphtha-Based • Coal-And Natural Gas-Based • Bio-Based Monoethylene Glycol Production • Technology Providers Application (Revenue,USD Million; 2016–2026) • Fiber • PET • Film • Antifreeze & Coolant • Others Fill in your details to get your hands on an Exclusive Sample of this Report @https://www.reportsanddata.com/sample-enquiry-form/1763

  4. Market Summary Regional Outlook for Industrial Filters Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Avail this report at Attractive Discount rates! Click here to know more @ https://www.reportsanddata.com/discount-enquiry-form/1763

  5. Major highlights of the report: An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market •

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

More Related