Monoethylene Glycol Market: Growing Demand from Asia Pacific to Drive Market at 6.1% CAGR ,2015-23

Transparency Market
Research
Monoethylene Glycol Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2015 - 2023
Published Date
18-Aug-2015
121 Page Report
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Press Release
Global Monoethylene Glycol Market: Growing Demand from
Asia Pacific to Drive Market at 6.1% CAGR during 2015-2023 :
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Monoethylene Glycol Market
REPORT DESCRIPTION
Monoethylene Glycol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015
- 2023
According to a recent market research report published by Transparency Market Research, the global
monoethylene glycol market is estimated to expand at a CAGR of 6.1% during the period between 2015 and
2023. The report, titled “Monoethylene Glycol Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2015 - 2023,” projects the global monoethylene glycol market to be worth US$40.85 bn
by 2023. The overall market stood at a valuation of US$27.21 bn in 2014. Based on volume, the market stood
at 24,782.6 kilo tons in 2014.
Browse the full Monoethylene Glycol (MEG) Market for Polyester Fiber, Polyethylene Terephthalate
(PET), Antifreeze, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2023 report at : http://www.transparencymarketresearch.com/monoethylene-glycolmarket.html
The report points out that the growing demand for polyester fiber in Asia Pacific has boosted the growth of the
global monoethylene glycol market. The increasing production of polyethylene terephthalate (PET) will further
augment the market growth during the forecast horizon. However, the report states that the fluctuating prices of
feedstock materials are expected to restrain the market. Monoethylene glycol is produced from ethylene, which
is a downstream product of natural gas and crude oil. Hydration of ethylene-intermediator ethylene oxide
produces monoethylene glycol. The fluctuating prices of crude oil and natural gas will negatively impact the
production of monoethylene glycol. Further, sustainability issues related to monoethylene glycol are anticipated
to hamper the market, especially across the developed economies. The overall market has a huge opportunity
to grow with the production of bio-based monoethylene glycol (MEG) and the emerging application of
monoethylene glycol in solar panels.
In terms of application, the report segments the global monoethylene glycol market into PET, polyester fiber,
antifreeze, and others. In 2014, the demand for monoethylene glycol was the highest for application in
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Monoethylene Glycol Market
polyester. However, during the forecast horizon, the application of PET is projected to witness the fastest
growth due to the growing usage of PET as packaging materials across the food and beverage industry. Low
cost and high durability of PET have contributed significantly towards the growth of the application segment. In
fact, PET is expected to be the most attractive segment in the market in the coming years.
The report studies the global monoethylene glycol market across five key regions: Asia Pacific, Europe, North
America, Latin America, and Middle East and Africa. The market is expected to grow significantly in Asia
Pacific with increased production of polyester fiber in the region.
Get FREE Sample Of This Report : http://www.transparencymarketresearch.com/sample/sample.php?
flag=S&rep_id=2251
The report profiles some of the key players in the global monoethylene glycol market such as Royal Dutch
Shell plc, Sinopec Zhenhai Refining & Chemical Company, Mitsubishi Chemical Corporation (MCC), Saudi
Arabia Basic Industries Corporation (SABIC), Nan Ya Plastics Corporation, Reliance Industries Limited, BASF
SE, The Dow Chemical Company, Lotte Chemical Corporation, and LyondellBasell Industries N.V. The report
further provides insightful information about the key players including their product portfolio, business strategy,
financial overview, and recent development.
The monoethylene glycol market has been segmented into:
Monoethylene Glycol (MEG) Market - Application Analysis
•
Polyester Fiber
•
Polyethylene Terephthalate (PET)
•
Antifreeze
•
Others (Including Intermediate Chemicals)
Monoethylene Glycol (MEG) Market - Regional Analysis
•
North America
•
Europe
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Monoethylene Glycol Market
•
Asia Pacific
•
Latin America
•
Middle East and Africa (MEA)
Browse The Press Release Of Market :
http://www.transparencymarketresearch.com/pressrelease/global-monoethylene-glycol-market.htm
TABLE OF CONTENT
Chapter 1 Preface
1.1 Report Description
1.2 Research Scope & Assumptions
1.3 Market Segmentation
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global MEG Market, 2010-2025, (Kilo Tons) (US$ Mn)
2.2 MEG: Market Snapshot (2014 and 2023)
Chapter 3 MEG Market: Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis
3.3 Market Drivers
3.3.1 Rising demand for polyester fiber in Asia Pacific
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3.3.2 Increasing production of polyethylene terephthalate (PET)
3.4 Restraints
3.4.1 Fluctuating prices of feedstock materials
3.5 Opportunity
3.5.1 Bio-based Monoethylene Glycol (MEG)
3.5.2 Emerging Application in Solar Panels
3.6 Porter’s Five Forces Analysis
3.6.1 Bargaining Power of Suppliers
3.6.2 Bargaining Power of Buyers
3.6.3 Threat of Substitutes
3.6.4 Threat of New Entrants
3.6.5 Degree of Competition
3.7 Market Attractiveness Analysis
3.8 Company Market Share Analysis, 2014
Chapter 4 Price Trend Analysis
4.1 MEG: Global Price Trends, 2010-2023
Chapter 5 MEG Market – Application Analysis
5.1 Global MEG Market: Application Overview
5.1.1 Global MEG Market Volume Share, by Application, 2014 and 2023
5.2 MEG Market: By Application
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Monoethylene Glycol Market
5.2.1 Global MEG Market for Polyester Fiber, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.2.2 Global MEG Market for PET, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.2.3 Global MEG Market for Antifreeze, 2014 – 2023 (Kilo Tons) (US$ Mn)
5.2.4 Global MEG Market for Others, 2014 – 2023 (Kilo Tons) (US$ Mn)
Chapter 6 MEG Market: Regional Analysis
6.1 Global MEG Market - Regional Overview
6.1.1 Global MEG Market Share Volume, by Region, 2014-2023
6.2 North America
6.2.1 North America MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.2.2 North America MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.2.3 US MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.2.4 US MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.2.5 Canada MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.2.6 Canada MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.2.7 Mexico MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.2.8 Mexico MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.3 Europe
6.3.1 Europe MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.3.2 Europe MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.3.3 Germany MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
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6.3.4 Germany MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.3.5 Turkey MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.3.6 Turkey MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.3.7 U.K. MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.3.8 U.K. MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.3.9 France MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.3.10 France MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.3.11 Italy MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.3.12 Italy MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.3.13 Rest of Europe MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.3.14 Rest of Europe MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.4 Asia Pacific
6.4.1 Asia Pacific MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.4.2 Asia Pacific MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.4.3 China MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.4.4 China MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.4.5 India MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.4.6 India MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.4.7 ASEAN MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.4.8 ASEAN MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
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6.4.9 Rest of Asia Pacific MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.4.10 Rest of Asia Pacific MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.5 Latin America
6.5.1 Latin America MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.5.2 Latin America MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.5.3 Brazil MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.5.4 Brazil MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.5.5 Rest of Latin America MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.5.6 Rest of Latin America MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.6 Middle East and Africa (MEA)
6.6.1 MEA MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.6.2 MEA MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.6.3 GCC MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.6.4 GCC MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.6.5 South Africa MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.6.6 South Africa MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
6.6.7 Rest of MEA MEG Market Volume, by Application, 2010-2023 (Kilo Tons)
6.6.8 Rest of MEA MEG Market Revenue, by Application, 2010-2023 (US$ Mn)
Chapter 7 MEG Market: Production Analysis, 2014
Chapter 8 Company Profiles
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Monoethylene Glycol Market
8.1 Royal Dutch Shell plc
8.1.1 Company Overview
8.1.2 Product Portfolio
8.1.3 Financial Overview
8.1.4 Business Strategy
8.1.5 Recent Development
8.2 Reliance Industries Limited
8.2.1 Company Overview
8.2.2 Product Portfolio
8.2.3 Financial Overview
8.2.4 Business Strategy
8.2.5 Recent Development
8.3 Saudi Basic Industries Corporation (SABIC)
8.3.1 Company Overview
8.3.2 Product Portfolio
8.3.3 Financial Overview
8.3.4 Business Strategy
8.3.5 Recent Development
8.4 BASF SE
8.4.1 Company Overview
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8.4.2 Product Portfolio
8.4.3 Financial Overview
8.4.4 Business Strategy
8.4.5 Recent Development
8.5 Mitsubishi Chemical Corporation (MCC)
8.5.1 Company Overview
8.5.2 Product Portfolio
8.5.3 Financial Overview
8.5.4 Business Strategy
8.5.5 Recent Development
8.6 Nan Ya Plastics Corporation
8.6.1 Company Overview
8.6.2 Product Portfolio
8.6.3 Financial Overview
8.6.4 Business Strategy
8.6.5 Recent Development
8.7 Lotte Chemical Corporation
8.7.1 Company Overview
8.7.2 Product Portfolio
8.7.3 Financial Overview
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Monoethylene Glycol Market
8.7.4 Business Strategy
8.7.5 Recent Development
8.8 The Dow Chemical Company
8.8.1 Company Overview
8.8.2 Product Portfolio
8.8.3 Financial Overview
8.8.4 Business Strategy
8.8.5 Recent Development
8.9 Sinopec Zhenhai Refining & Chemical Company (ZRCC)
8.9.1 Company Overview
8.9.2 Product Portfolio
8.9.3 Financial Overview
8.9.4 Business Strategy
8.9.5 Recent Development
8.10. LyondellBasell Industries N.V.
8.10.1 Company Overview
8.10.2 Product Portfolio
8.10.3 Financial Overview
8.10.4 Business Strategy
8.10.5 Recent Development
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Monoethylene Glycol Market
8.11 Others
Chapter 9 Primary Research – Key Findings
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Global Monoethylene Glycol (MEG) Market stood at US$ 27.21 Bn at US$ 27.21 Bn in 2014 and is anticipated to reach US$ 40.85 Bn in 2023, expanding at a CAGR of 6.1% between 2015 and 2023

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