Monoethylene Glycol (MEG) Market – Global Industry Analysis and Forecast (2023-2029)

Monoethylene Glycol (MEG) Market size is expected to reach US$ 50.39  Bn in year 2029, at a CAGR of 6.2% during the forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.Monoethylene Glycol (MEG) MarketTo know about the Research Methodology:-Request Free Sample Report

Monoethylene Glycol (MEG) Market Dynamics:

Monoethylene glycol is largely used in manufacturing of polyethylene terephthalate (PET) and polyester resins. PET is used in various consumer good products such as for food containers and bottles. Polyester fabrics are widely used in apparels, home furnishings, ropes, conveyer belts and insulating tapes. Monoethylene glycol market based on application has been segmented into fiber, PET, film, antifreeze & coolant and others. Fiber is expected to be the largest segment of application due to large demand of Monoethylene glycol in textile end-use industry for producing synthetic fiber and polyester fiber. Antifreeze & coolant is expected to grow at a highest CAGR during the forecast period due to its demand in automotive and chemical end-use industries. Based on technology the market has been segmented into naphtha-based, coal-and natural gas-based, bio-based Monoethylene glycol production. Naphtha-based segment is expected to grow at a highest CAGR during the forecast period. Geographically, the market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. Asia Pacific holds one of the largest shares of the market for monoethylene glycol and is expected to be the fastest growing market. China and India are the countries largely contribute to the demand for Monoethylene glycol. There is high demand of Monoethylene glycol for production polyester fiber and PET in this region.

Monoethylene Glycol (MEG) Market, Key Highlights:

Monoethylene Glycol (MEG) Market analysis and forecast, in terms of value. Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Monoethylene Glycol (MEG) Market Monoethylene Glycol (MEG) Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. Monoethylene Glycol (MEG) Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study. Monoethylene Glycol (MEG) Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Monoethylene Glycol (MEG) Market are also profiled.

Monoethylene Glycol (MEG) Market Scope:  Inquire before buying

Global Monoethylene Glycol (MEG) Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 33.07 Bn.
Forecast Period 2023 to 2029 CAGR: 6.2% Market Size in 2029: US $ 50.39 Bn.
Segments Covered: by Technology Naphtha-Based Coal-And Natural Gas-Based Bio-Based Monoethylene Glycol Production Technology Providers
by Application Fiber PET Film Antifreeze & Coolant Others

Monoethylene Glycol (MEG) Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Monoethylene Glycol Market, Key Players are

1. SABIC (Saudi Arabia) 2. Formosa (Taiwan) 3. Dowdupont (US) 4. BASF (Germany) 5. MEGlobal (UAE) 6. Sinopec (China) 7. Shell (Netherlands) 8. Reliance (India) 9. SIBUR (Russia) 10. PTTGC (Thailand) 11. Royal Dutch Shell 12. AkzoNobel 13. The Dow Chemicals 14. Mitsubishi Chemical 15. Lotte Chemical Corporation 16. Zhenhai Refining & Chemical Co., Nan Ya Plastics Corporation 17. LyondellBasell Industries 18. ExxonMobil Corporation 19. Chemtex Speciality Limited 20. India Glycols Frequently Asked Questions: 1. Which region has the largest share in Global Monoethylene Glycol Market? Ans: Asia Pacific region holds the highest share in 2022. 2. What is the growth rate of Global  Market? Ans: The Global Market is growing at a CAGR of 6.2% during forecasting period 2023-2029. 3. What is scope of the Global market report? Ans: Global  Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global  market? Ans: The important key players in the Global Market are – SABIC (Saudi Arabia), Formosa (Taiwan), Dowdupont (US), BASF (Germany), MEGlobal (UAE), Sinopec (China), Shell (Netherlands), Reliance (India), SIBUR (Russia), PTTGC (Thailand), Royal Dutch Shell, AkzoNobel, The Dow Chemicals, Mitsubishi Chemical, Lotte Chemical Corporation, Zhenhai Refining & Chemical Co., Nan Ya Plastics Corporation, LyondellBasell Industries, ExxonMobil Corporation, Chemtex Speciality Limited, and India Glycols 5. What is the study period of this market? Ans: The Global  Market is studied from 2022 to 2029.
1. Monoethylene Glycol (MEG) Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Monoethylene Glycol (MEG) Market: Dynamics 2.1. Monoethylene Glycol (MEG) Market Trends by Region 2.1.1. North America Monoethylene Glycol (MEG) Market Trends 2.1.2. Europe Monoethylene Glycol (MEG) Market Trends 2.1.3. Asia Pacific Monoethylene Glycol (MEG) Market Trends 2.1.4. Middle East and Africa Monoethylene Glycol (MEG) Market Trends 2.1.5. South America Monoethylene Glycol (MEG) Market Trends 2.2. Monoethylene Glycol (MEG) Market Dynamics by Region 2.2.1. North America 2.2.1.1. North America Monoethylene Glycol (MEG) Market Drivers 2.2.1.2. North America Monoethylene Glycol (MEG) Market Restraints 2.2.1.3. North America Monoethylene Glycol (MEG) Market Opportunities 2.2.1.4. North America Monoethylene Glycol (MEG) Market Challenges 2.2.2. Europe 2.2.2.1. Europe Monoethylene Glycol (MEG) Market Drivers 2.2.2.2. Europe Monoethylene Glycol (MEG) Market Restraints 2.2.2.3. Europe Monoethylene Glycol (MEG) Market Opportunities 2.2.2.4. Europe Monoethylene Glycol (MEG) Market Challenges 2.2.3. Asia Pacific 2.2.3.1. Asia Pacific Monoethylene Glycol (MEG) Market Drivers 2.2.3.2. Asia Pacific Monoethylene Glycol (MEG) Market Restraints 2.2.3.3. Asia Pacific Monoethylene Glycol (MEG) Market Opportunities 2.2.3.4. Asia Pacific Monoethylene Glycol (MEG) Market Challenges 2.2.4. Middle East and Africa 2.2.4.1. Middle East and Africa Monoethylene Glycol (MEG) Market Drivers 2.2.4.2. Middle East and Africa Monoethylene Glycol (MEG) Market Restraints 2.2.4.3. Middle East and Africa Monoethylene Glycol (MEG) Market Opportunities 2.2.4.4. Middle East and Africa Monoethylene Glycol (MEG) Market Challenges 2.2.5. South America 2.2.5.1. South America Monoethylene Glycol (MEG) Market Drivers 2.2.5.2. South America Monoethylene Glycol (MEG) Market Restraints 2.2.5.3. South America Monoethylene Glycol (MEG) Market Opportunities 2.2.5.4. South America Monoethylene Glycol (MEG) Market Challenges 2.3. PORTER’s Five Forces Analysis 2.4. PESTLE Analysis 2.5. Technology Roadmap 2.6. Regulatory Landscape by Region 2.6.1. North America 2.6.2. Europe 2.6.3. Asia Pacific 2.6.4. Middle East and Africa 2.6.5. South America 2.7. Key Opinion Leader Analysis For Monoethylene Glycol (MEG) Industry 2.8. Analysis of Government Schemes and Initiatives For Monoethylene Glycol (MEG) Industry 2.9. Monoethylene Glycol (MEG) Market Trade Analysis 2.10. The Global Pandemic Impact on Monoethylene Glycol (MEG) Market 3. Monoethylene Glycol (MEG) Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2022-2029 3.1. Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 3.1.1. Naphtha-Based 3.1.2. Coal-And Natural Gas-Based 3.1.3. Bio-Based Monoethylene Glycol Production 3.1.4. Technology Providers 3.2. Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 3.2.1. Fiber 3.2.2. PET 3.2.3. Film 3.2.4. Antifreeze & Coolant 3.2.5. Others 3.3. Monoethylene Glycol (MEG) Market Size and Forecast, by Region (2022-2029) 3.3.1. North America 3.3.2. Europe 3.3.3. Asia Pacific 3.3.4. Middle East and Africa 3.3.5. South America 4. North America Monoethylene Glycol (MEG) Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 4.1. North America Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 4.1.1. Naphtha-Based 4.1.2. Coal-And Natural Gas-Based 4.1.3. Bio-Based Monoethylene Glycol Production 4.1.4. Technology Providers 4.2. North America Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 4.2.1. Fiber 4.2.2. PET 4.2.3. Film 4.2.4. Antifreeze & Coolant 4.2.5. Others 4.3. North America Monoethylene Glycol (MEG) Market Size and Forecast, by Country (2022-2029) 4.3.1. United States 4.3.1.1. United States Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 4.3.1.1.1. Naphtha-Based 4.3.1.1.2. Coal-And Natural Gas-Based 4.3.1.1.3. Bio-Based Monoethylene Glycol Production 4.3.1.1.4. Technology Providers 4.3.1.2. United States Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 4.3.1.2.1. Fiber 4.3.1.2.2. PET 4.3.1.2.3. Film 4.3.1.2.4. Antifreeze & Coolant 4.3.1.2.5. Others 4.3.2. Canada 4.3.2.1. Canada Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 4.3.2.1.1. Naphtha-Based 4.3.2.1.2. Coal-And Natural Gas-Based 4.3.2.1.3. Bio-Based Monoethylene Glycol Production 4.3.2.1.4. Technology Providers 4.3.2.2. Canada Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 4.3.2.2.1. Fiber 4.3.2.2.2. PET 4.3.2.2.3. Film 4.3.2.2.4. Antifreeze & Coolant 4.3.2.2.5. Others 4.3.3. Mexico 4.3.3.1. Mexico Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 4.3.3.1.1. Naphtha-Based 4.3.3.1.2. Coal-And Natural Gas-Based 4.3.3.1.3. Bio-Based Monoethylene Glycol Production 4.3.3.1.4. Technology Providers 4.3.3.2. Mexico Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 4.3.3.2.1. Fiber 4.3.3.2.2. PET 4.3.3.2.3. Film 4.3.3.2.4. Antifreeze & Coolant 4.3.3.2.5. Others 5. Europe Monoethylene Glycol (MEG) Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 5.1. Europe Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 5.2. Europe Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 5.3. Europe Monoethylene Glycol (MEG) Market Size and Forecast, by Country (2022-2029) 5.3.1. United Kingdom 5.3.1.1. United Kingdom Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 5.3.1.2. United Kingdom Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 5.3.2. France 5.3.2.1. France Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 5.3.2.2. France Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 5.3.3. Germany 5.3.3.1. Germany Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 5.3.3.2. Germany Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 5.3.4. Italy 5.3.4.1. Italy Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 5.3.4.2. Italy Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 5.3.5. Spain 5.3.5.1. Spain Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 5.3.5.2. Spain Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 5.3.6. Sweden 5.3.6.1. Sweden Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 5.3.6.2. Sweden Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 5.3.7. Austria 5.3.7.1. Austria Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 5.3.7.2. Austria Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 5.3.8. Rest of Europe 5.3.8.1. Rest of Europe Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 5.3.8.2. Rest of Europe Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6. Asia Pacific Monoethylene Glycol (MEG) Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 6.1. Asia Pacific Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.2. Asia Pacific Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3. Asia Pacific Monoethylene Glycol (MEG) Market Size and Forecast, by Country (2022-2029) 6.3.1. China 6.3.1.1. China Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.1.2. China Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3.2. S Korea 6.3.2.1. S Korea Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.2.2. S Korea Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3.3. Japan 6.3.3.1. Japan Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.3.2. Japan Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3.4. India 6.3.4.1. India Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.4.2. India Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3.5. Australia 6.3.5.1. Australia Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.5.2. Australia Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3.6. Indonesia 6.3.6.1. Indonesia Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.6.2. Indonesia Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3.7. Malaysia 6.3.7.1. Malaysia Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.7.2. Malaysia Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3.8. Vietnam 6.3.8.1. Vietnam Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.8.2. Vietnam Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3.9. Taiwan 6.3.9.1. Taiwan Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.9.2. Taiwan Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 6.3.10. Rest of Asia Pacific 6.3.10.1. Rest of Asia Pacific Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 6.3.10.2. Rest of Asia Pacific Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 7. Middle East and Africa Monoethylene Glycol (MEG) Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 7.1. Middle East and Africa Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 7.2. Middle East and Africa Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 7.3. Middle East and Africa Monoethylene Glycol (MEG) Market Size and Forecast, by Country (2022-2029) 7.3.1. South Africa 7.3.1.1. South Africa Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 7.3.1.2. South Africa Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 7.3.2. GCC 7.3.2.1. GCC Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 7.3.2.2. GCC Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 7.3.3. Nigeria 7.3.3.1. Nigeria Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 7.3.3.2. Nigeria Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 7.3.4. Rest of ME&A 7.3.4.1. Rest of ME&A Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 7.3.4.2. Rest of ME&A Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 8. South America Monoethylene Glycol (MEG) Market Size and Forecast by Segmentation (by Value in USD Million) 2022-2029 8.1. South America Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 8.2. South America Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 8.3. South America Monoethylene Glycol (MEG) Market Size and Forecast, by Country (2022-2029) 8.3.1. Brazil 8.3.1.1. Brazil Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 8.3.1.2. Brazil Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 8.3.2. Argentina 8.3.2.1. Argentina Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 8.3.2.2. Argentina Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 8.3.3. Rest Of South America 8.3.3.1. Rest Of South America Monoethylene Glycol (MEG) Market Size and Forecast, by Technology (2022-2029) 8.3.3.2. Rest Of South America Monoethylene Glycol (MEG) Market Size and Forecast, by Application (2022-2029) 9. Global Monoethylene Glycol (MEG) Market: Competitive Landscape 9.1. MMR Competition Matrix 9.2. Competitive Landscape 9.3. Key Players Benchmarking 9.3.1. Company Name 9.3.2. Business Segment 9.3.3. End-user Segment 9.3.4. Revenue (2022) 9.3.5. Company Locations 9.4. Leading Monoethylene Glycol (MEG) Market Companies, by market capitalization 9.5. Market Structure 9.5.1. Market Leaders 9.5.2. Market Followers 9.5.3. Emerging Players 9.6. Mergers and Acquisitions Details 10. Company Profile: Key Players 10.1. SABIC (Saudi Arabia) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. Formosa (Taiwan) 10.3. Dowdupont (US) 10.4. BASF (Germany) 10.5. MEGlobal (UAE) 10.6. Sinopec (China) 10.7. Shell (Netherlands) 10.8. Reliance (India) 10.9. SIBUR (Russia) 10.10. PTTGC (Thailand) 10.11. Royal Dutch Shell 10.12. AkzoNobel 10.13. The Dow Chemicals 10.14. Mitsubishi Chemical 10.15. Lotte Chemical Corporation 10.16. Zhenhai Refining & Chemical Co., Nan Ya Plastics Corporation 10.17. LyondellBasell Industries 10.18. ExxonMobil Corporation 10.19. Chemtex Speciality Limited 10.20. India Glycols 11. Key Findings 12. Industry Recommendations 13. Monoethylene Glycol (MEG) Market: Research Methodology 14. Terms and Glossary
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