August 10, 2022

Global Monoethylene Glycol Market Report to 2028

DUBLIN, June 16, 2022 /PRNewswire/ — The ‘Monoethylene Glycol Market, By Production Process, By Application, By End-Use Industry, And By Region – Size, Share, Outlook, and Opportunity Analysis, 2021-2028‘ report was added to from ResearchAndMarkets.com offer.

Monoethylene glycol is also known as 1,2-ethanediol and is soluble in a wide range of chemical compounds, alcohols and water. The hydrolysis of ethylene oxide mainly produces it, with the emission of two co-products, diethylene glycol (DEG) and triethylene glycol (TEG).

Natural gas, coal, naphtha and bioethanol are the raw materials used to manufacture monoethylene glycol. The market is therefore divided into four types based on the sources from which it is manufactured. Natural gas, followed by naphtha and coal, accounts for the majority of monoethylene glycol production. Due to growing environmental concerns, most companies are now focusing on the production of bio-based monoethylene glycol rather than petrochemical monoethylene glycol.

Monoethylene glycol is used in coolants and deicing materials due to its chemical characteristics, which include high viscosity, high boiling point and low freezing point. PET and polyester resins are made primarily from monoethylene glycol. It is frequently used as a raw ingredient in the production of polyester fabrics and fibers.

Among other things, it is used as a coolant, antifreeze, dehydrating agent, chemical intermediate, humectant and anti-corrosion agent. Monoethylene glycol is also used in the manufacture of tobacco, food and beverages, pharmaceuticals and cosmetics, among others.

The expansion of the monoethylene glycol market would be aided by the growing demand for PET packaging in various commercial and industrial end-use applications. Clothing, industrial fabrics and non-woven fabrics are just a few of the industries where fibers are used.

Some of the characteristics of these fabrics, such as resistance to moisture, stains, oil and water, have led to an increase in demand. It is abrasion and wrinkle resistant. Due to these characteristics, the use of fibers in the textile sector and the monoethylene glycol market will increase during the forecast period.

On the other hand, MEG is extremely toxic to humans; Consumption has been shown to negatively influence the kidneys, heart, and central nervous system, which limits the growth of the market.

Main characteristics of the study:

  • This report provides an in-depth analysis of the Global Monoethylene Glycol Market, Market Size (Billion US$ & Tons) and Compound Annual Growth Rate (%CAGR) for the forecast period (2022-2028), considering 2020 as the base year.
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
  • This study also provides key insights into the market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
  • It profiles leading players of the global Monoethylene Glycol market based on the following parameters: Company Highlights, Product Portfolio, Key Highlights, Financial Performance and Strategies
  • The main companies covered in this study are Reliance Industries Limited, Saudi Basic Industries Corporation, BASF SE, India Glycols Limited, LyondellBasell Industries Holdings BV, Chemtex Specialty Limited, Royal Dutch Shell PLC, Nouryon, Mitsubishi Chemical Corporation and Eastman Chemical Company .
  • The information in this report would enable marketers and managing authorities of companies to make informed decisions regarding their future product launches, type upgrade, market expansion, and marketing tactics.
  • The Global Monoethylene Glycol Market report is targeted at various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants and financial analysts.
  • Stakeholders would have an ease in making decisions through various strategic matrices used to analyze the global Monoethylene Glycol market.

Main topics covered:

1. Research objectives and hypotheses

2. Competence of the market

  • Description of the report
  • Market definition and scope
  • Summary
  • Market extract, by production process
  • Market Extract, By Application
  • Market Extract, by End-Use Industry
  • Market extract, by region
  • Consistent Opportunity Map (COM)

3. Market dynamics, regulation and trend analysis

  • Market dynamics
  • Drivers
  • Supply-side drivers
  • Demand Side Drivers
  • Economic factors
  • Constraints
  • Market opportunities
  • Regulatory scenario
  • Industry trend
  • PEST analysis
  • PORTER’s analysis
  • New Product Approvals/Launch
  • Promotion and marketing initiatives

4. Global Monoethylene Glycol Market- Impact of Coronavirus (COVID-19) Pandemic

  • Insight
  • Factors Affecting the Global Monoethylene Glycol Market – COVID-19
  • Impact analysis

5. Global Monoethylene Glycol Market, by Production Process, 2017-2028 (USD Billion and Tons)

  • Introduction
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Industry trends
  • gas-based
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • naphtha-based
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Charcoal-based
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Methane to olefins
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Bio-sourced
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028

6. Global Monoethylene Glycol Market, by Application, 2017-2028 (USD Billion and Tons)

  • Introduction
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Industry trends
  • Polyester fiber
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Polyethylene terephthalate (PET) resins
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Polyethylene terephthalate (PET) film
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Antifreeze
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Others
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028

7. Global monoethylene glycol market, by end-use industry, 2017-2028 (USD billion and tons)

  • Introduction
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Industry trends
  • Textile
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Plastic wrap
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Automotive
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028
  • Others
  • Market share analysis, 2017 and 2028 (%)
  • Annual Growth Analysis, 2021 – 2028

8. Global Monoethylene Glycol Market, by Region, 2017-2028 (USD Billion and Tons)

9. Competitive Landscape

  • Market share analysis
  • Company Profiles
  • Reliance Industries Limited
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans
  • Saudi Society for Basic Industries
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans
  • BASF SE
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans
  • India Glycols Limited
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans
  • LyondellBasell Industries Holdings BV
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans
  • Chemtex Specialty Limited
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans
  • Royal Dutch Shell PLC
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans
  • nourion
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans
  • Mitsubishi Chemical Corporation
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans
  • Eastman Chemical Company
  • Product portfolio
  • Financial performance
  • Key Strategies
  • RECENT DEVELOPMENTS
  • Future plans

10. Branch

For more information on this report, visit https://www.researchandmarkets.com/r/p380hi

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