Global Mono Ethylene Glycol (MEG) Market 2017-2021

  • ID: 4390899
  • Report
  • Region: Global
  • 74 pages
  • TechNavio
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FEATURED COMPANIES

  • Akzo Nobel
  • BASF
  • Chemtex Speciality
  • Huntsman International
  • India Glycols
  • LOTTE CHEMICAL
  • MORE
About Mono Ethylene Glycol

Mono ethylene glycol (MEG) is a clear, colorless, slightly volatile, nearly odorless, and faintly viscous liquid. It is miscible with alcohol, water, and many organic compounds and has a chemical formula C2H6O2. MEG is 50% more hygroscopic than glycerol at room temperature. MEG is an important raw material for various industrial applications such as the manufacture of polyester fibers, polyethylene terephthalate (PET), antifreeze and coolants.

The analysts forecast the global mono ethylene glycol (MEG) market to grow at a CAGR of 6.27% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global mono ethylene glycol (MEG) market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
  • APAC
  • North America
  • Europe
  • ROW
The report, Global Mono Ethylene Glycol (MEG) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Akzo Nobel
  • BASF
  • Huntsman International
  • LyondellBasell Industries Holdings
  • Royal Dutch Shell
Other prominent vendors
  • Chemtex Speciality
  • India Glycols
  • LOTTE CHEMICAL
  • MEGlobal
  • NAN YA PLASTICS
  • Reliance Industries
  • SABIC
Market drivers
  • Increasing demand for PET containers
  • For a full, detailed list, view the full report
Market challenges
  • Volatile crude oil prices
  • For a full, detailed list, view the full report
Market trends
  • Bio-based MEG: Sustainable production
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
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FEATURED COMPANIES

  • Akzo Nobel
  • BASF
  • Chemtex Speciality
  • Huntsman International
  • India Glycols
  • LOTTE CHEMICAL
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Market outline
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by application
  • Global MEG market by application
  • Global MEG market for polyester fibers
  • Global MEG market for PET
  • Global MEG market for antifreeze and coolants
  • Global MEG market for other applications
PART 07: Geographical segmentation
  • Global MEG market by geography
  • MEG market in APAC
  • MEG market in North America
  • MEG market in Europe
  • MEG market in ROW
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Bio-based MEG: Sustainable production
  • New capacities for growing market
  • Rising use of MEG as deicing agent
PART 11: Vendor landscape
  • Competitive scenario
  • Key market vendors
  • Other prominent vendors
PART 12: Key vendor analysis
  • Akzo Nobel
  • BASF
  • Huntsman International
  • LyondellBasell Industries Holdings
  • Royal Dutch Shell
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Routes for MEG production
Exhibit 02: Methods for MEG production
Exhibit 03: Segmentation of global MEG market
Exhibit 04: Global MEG market 2016 and 2021 ($ millions)
Exhibit 05: Market forecast: Global MEG market 2016-2021
Exhibit 06: Five forces analysis
Exhibit 07: Global MEG market by application 2016
Exhibit 08: Global MEG market by application 2021
Exhibit 09: Global MEG market for polyester fibers 2016 and 2021 ($ millions)
Exhibit 10: Market forecast: Global MEG market for polyester fibers 2016-2021
Exhibit 11: Global MEG market for PET 2016 and 2021 ($ millions)
Exhibit 12: Market forecast: Global MEG market for PET 2016-2021
Exhibit 13: Global MEG market for antifreeze and coolants 2016 and 2021 ($ millions)
Exhibit 14: Market forecast: Global MEG market for antifreeze and coolants 2016-2021
Exhibit 15: Global MEG market for other applications 2016 and 2021 ($ millions)
Exhibit 16: Market forecast: Global MEG market for other applications 2016-2021
Exhibit 17: Global MEG market by geography 2016
Exhibit 18: Global MEG market by geography 2021
Exhibit 19: MEG market in APAC 2016 and 2021 ($ millions)
Exhibit 20: Market forecast: MEG market in APAC 2016-2021
Exhibit 21: MEG market in North America 2016 and 2021 ($ millions)
Exhibit 22: Market forecast: MEG market in North America 2016-2021
Exhibit 23: MEG market in Europe 2016 and 2021 ($ millions)
Exhibit 24: Market forecast: MEG market in Europe 2016-2021
Exhibit 25: MEG market in ROW 2016 and 2021 ($ millions)
Exhibit 26: Market forecast: MEG market in ROW 2016-2021
Exhibit 27: Global motor vehicle sales 2015-2020 (millions of units)
Exhibit 28: Global passenger vehicle sales 2015-2020 (millions of units)
Exhibit 29: Global commercial vehicle sales 2015-2020 (millions of units)
Exhibit 30: Key market vendors
Exhibit 31: Akzo Nobel: Business segmentation by revenue 2016
Exhibit 32: Akzo Nobel: Geographic segmentation by revenue 2016
Exhibit 33: BASF: Business segmentation by revenue 2016
Exhibit 34: BASF: Geographical segmentation by revenue 2016
Exhibit 35: Huntsman International: Business segmentation by revenue 2016
Exhibit 36: Huntsman International: Geographical segmentation by revenue 2016
Exhibit 37: LyondellBasell Industries Holdings: Business segmentation by revenue 2016
Exhibit 38: LyondellBasell Industries Holdings: Geographical segmentation by revenue 2016
Exhibit 39: Royal Dutch Shell: Business segmentation by revenue 2016
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FEATURED COMPANIES

  • Akzo Nobel
  • BASF
  • Chemtex Speciality
  • Huntsman International
  • India Glycols
  • LOTTE CHEMICAL
  • MORE
New Report Released: - Global Mono Ethylene Glycol (MEG) Market 2017-2021

The author of the report recognizes the following companies as the key players in the global mono ethylene glycol (MEG) market: Akzo Nobel, BASF, Huntsman International, LyondellBasell Industries Holdings, and Royal Dutch Shell.

Other Prominent Vendors in the market are: Chemtex Speciality, India Glycols, LOTTE CHEMICAL, MEGlobal, NAN YA PLASTICS, Reliance Industries, and SABIC.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is Bio-based MEG: Sustainable production. There is pressure on producers for using sustainable production methods. Though most manufacturers are welcoming this, small manufacturers are finding it hard to keep up with the increasing competition. With the increase in focus on sustainability and favorable government regulations for green procurement policies, the global bio-based MEG market will experience significant opportunities in the packaging and textile industries.”

According to the report, one of the major drivers for this market is Increasing demand for PET containers. The rising demand for PET containers from application industries, including packaging, is anticipated to drive the growth of the global MEG market during the forecast period. The increasing scope of application for PET in numerous consumer goods, which includes food containers and bottles, is anticipated to drive demand for MEG. Excellent strength and impact resistance properties of PET containers will propel the growth of the global MEG market.

Further, the report states that one of the major factors hindering the growth of this market is Volatile crude oil prices. Constant fluctuations in the prices of raw materials used in the production of MEG pose a challenge to MEG manufacturers. Ethylene, the major raw material of MEG, is derived from petrochemicals. The price of petrochemicals depends on the price of crude oil. Owing to the volatile political situation in Iraq, the second largest producer of crude oil in the Organization of the Petroleum Exporting Countries, there is an increased volatility in the price of crude oil in the international market. This resulted in a significant rise in prices of major petrochemicals in the last five years. As the prices of MEG cannot keep up with the fluctuating prices of their raw materials, there is now a gap between the production costs and sales values of MEG manufacturers.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Akzo Nobel
  • BASF
  • Huntsman International
  • LyondellBasell Industries Holdings
  • Royal Dutch Shell
  • Chemtex Speciality
  • India Glycols
  • LOTTE CHEMICAL
  • MEGlobal
  • NAN YA PLASTICS
  • Reliance Industries
  • SABIC
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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