Global monoethylene glycol market

Monoethylene Glycol market report is a synopsis of how the Monoethylene Glycol market is going to be for the forecast period by also explaining what the market definition, classifications, applications, engagements and market trends are, and also contains the company profiles of all the key players and brands that are dominating the Monoethylene Glycol market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values.

Market Analysis:-

Monoethylene Glycol Market is set to rise from its initial estimated value of USD 25.30 billion in 2018 to an estimated value of USD 36.84 billion by 2026, registering a CAGR of 4.80% in the forecast period of 2019-2026. This rise in market value can be attributed to the increased usage of monoethylene glycol from a various number of segments of the market.

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Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

Key Competitors: 

  • SABIC, MEGlobal B.V.
  • Royal Dutch Shell
  • Braskem
  • Haldor Topsoe A/S
  • Formosa Plastics Corporation
  • DowDuPont
  • Reliance Industries Limited
  • China Petrochemical Corporation
  • BASF SE
  • PTT Global Chemical Public Company Limited
  • Sibur, LOTTE Chemical CORPORATION, Eastman Chemical Company, Exxon Mobil Corporation
  • Huntsman International LLC
  • INEOS
  • Indian Oil Corporation Ltd
  • India Glycols Limited
  • Indorama Corporation
  • Akzo Nobel N.V.
  • Clariant
  • LG Chem
  • Mitsui Chemicals Inc
  • Mitsubishi Chemical Corporation
  • Kuwait Petroleum Corporation (KPC) and more

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Market Drivers & Restraints:

  • Increased demand from the various applications in the market is expected to drive the market growth
  • Advancements and developments in the market is also expected to drive the market growth
  • Toxicity of monoethylene glycol if ingested is expected to restrain the market growth
  • Vulnerable raw material prices and high costs associated with production of monoethylene glycol is also expected to restrain the market growth

Segmentation: 

By Technology Naphtha-Based, Coal & Natural Gas-Based, Bio-Based Bio-Ethanol Production

By Application Fiber, Polyethylene Terephthalate (PET), Film, Antifreeze & Coolant

Market Segment by Regions, regional analysis covers 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), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Regions, regional analysis covers:

  • 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)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Competitive Analysis Global monoethylene glycol market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of monoethylene glycol market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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