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Monoethylene Glycol Market Analysis, By Technology By Application, By End Use, Forecasts to 2026

  • ID: 5356022
  • Report
  • August 2019
  • Region: Global
  • 265 pages
  • Reports and Data

FEATURED COMPANIES

  • AkzoNobel
  • ExxonMobil Corporation
  • Formosa Plastic Group
  • LyondellBasell
  • ME Global
  • SABIC
Increasing consumption of Monoethylene Glycol (MEG) for production of polyethylene terephthalate (PET) resins and polymer fabrics is a key factor driving market revenue growth.

Market Size - USD 27.79 Billion in 2020, Market Growth - CAGR of 4.7%, Market Trends - Rising demand for bio-based monoethylene glycol from end-use industries.

The global monoethylene glycol market size is expected to reach USD 39.98 Billion in 2028, and register a CAGR of 4.7% during the forecast period. Growing demand for monoethylene glycol as a raw material in making resins, heat transfer fluids, deicing fluids, automotive antifreeze and coolants, latex paints and asphalt emulsions, water-based adhesives, electrolytic capacitors, paper, textile fibers, and leather is a major factor expected to drive growth of the global monoethylene glycol market. In addition, MEG can be used as an anti-corrosion agent, chemical intermediate, coolant material, anti-freeze, de-watering agent, and aircraft anti-icer and deicers.

Growing demand for non-ionic surfactants and booming textile and fiber industries are resulting in higher demand for monoethylene glycol, thereby driving market growth during the forecast period. In addition, monoethylene glycol is used for making polyester fabrics, which are widely used making home furnishings, apparels, yarns and ropes, insulating tapes and conveyer belts, among others.

However, fluctuating raw material costs such as crude oil, and harmful effects of over exposure to MEG are major factors that could hamper growth of the global monoethylene glycol market. Consumption or absorption of monoethylene glycol could affect the heart, nervous system, and kidneys, which is another factor restraining market growth to some extent.

Some Key Findings From the Report:
  • Among the application segments, the fiber segment accounted for the largest revenue share of 41.5% in 2020.
  • The Asia Pacific market accounted for major revenue share in 2020, valued at USD 9.70 Billion in 2020, and is expected to continue with its dominance over the forecast period, due to presence of large number of major players and well-established chemical industry in countries in the region.
  • Key players profiled in the report include LyondellBasell, The Dow Chemical Company, ME Global, SABIC, ExxonMobil Corporation, Formosa Plastic Group, AkzoNobel, and Honam Petrochemical Corporation. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global monoethylene glycol market is segmented on the basis of technology, application, end use and region:

Technology Outlook (Revenue, USD Billion; 2018 - 2028)
  • Naphtha-Based
  • Coal-And Natural Gas-Based
  • Bio-Based Monoethylene Glycol Production
  • Technology Providers
Application Outlook (Revenue, USD Billion; 2018 - 2028)
  • Fiber
  • PET
  • Film
  • Antifreeze & Coolant
  • Others
End Use Outlook (Revenue, USD Billion; 2018 - 2028)
  • Packaging
  • Automotive
  • Textiles
  • Chemicals
  • Paper
  • Leather
Region Outlook (Revenue, USD Billion; 2018 - 2028)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Benelux
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Middle East and Africa
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of Middle East & Africa
Reasons to Buy the Report
  • A robust analysis and estimation of the Monoethylene Glycol Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
  • A holistic competitive landscape of the all the major players in the Monoethylene Glycol Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
  • Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
  • Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
  • Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • AkzoNobel
  • ExxonMobil Corporation
  • Formosa Plastic Group
  • LyondellBasell
  • ME Global
  • SABIC
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary
2.1. Summary Snapshot, 2018 - 2026

Chapter 3. Indicative Metrics
3.1. Development of bio-based MEG
3.2. Worldwide increase in coal plants

Chapter 4. Monoethylene Glycol (MEG)Segmentation & Impact Analysis
4.1. Monoethylene Glycol (MEG)Segmentation Analysis
4.2. Monoethylene Glycol (MEG)Market Value Chain Analysis, 2016-2026
4.3. Regulatory framework
4.4. Monoethylene Glycol (MEG)Market Impact Analysis
4.4.1. Market driver analysis
4.4.1.1. High demand in antifreeze and coolants
4.4.1.2. Increasing demand for polyester fiber
4.4.2. Market restraint analysis
4.4.2.1. Lack of awareness
4.4.2.2. Toxicity of MEG
4.5. Key opportunities prioritized
4.6. Monoethylene Glycol (MEG)Pricing Analysis
4.7. Industry analysis - Porter's
4.8. Monoethylene Glycol (MEG)PESTEL Analysis

Chapter 5. Monoethylene Glycol (MEG)Market By Technology Type Insights & Trends
5.1. Monoethylene Glycol (MEG)Technology Type dynamics & Market Share, 2018 & 2026
5.2. Naphtha-Based
5.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.3. Coal-And Natural Gas-Based
5.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.4. Bio-based monoethylene glycol production
5.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
5.5. Technology providers
5.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
5.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 6. Monoethylene Glycol (MEG)Market By Application Type Insights & Trends
6.1. Monoethylene Glycol (MEG)Application Type dynamics & Market Share, 2018 & 2026
6.2. Fiber
6.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.3. PET
6.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.4. Antifreeze Coolants
6.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.5. Film
6.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
6.6. Other
6.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
6.6.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 7. Monoethylene Glycol (MEG)Market By End Use Insights & Trends
7.1. Monoethylene Glycol (MEG)End Use dynamics & Market Share, 2018 & 2026
7.2. Packaging
7.2.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.2.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.3. Automobile
7.3.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.3.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.4. Textiles
7.4.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.4.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.5. Chemical
7.5.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.5.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.6. Paper
7.6.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.6.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)
7.7. Leather
7.7.1. Market estimates and forecast, 2016 - 2026 (USD Million)
7.7.2. Market estimates and forecast, by region, 2016 - 2026 (USD Million)

Chapter 8. Monoethylene Glycol (MEG)Market Regional Outlook
8.1. Monoethylene Glycol (MEG)Market share by region, 2018 & 2026
8.2. North America
8.2.1. North America Monoethylene Glycol (MEG)Market estimates and forecast, 2016 - 2026, (USD Million)
8.2.2. North America Monoethylene Glycol (MEG)Market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.2.3. North America Monoethylene Glycol (MEG)Market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.2.4. North America Monoethylene Glycol (MEG)Market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.2.5. North America Monoethylene Glycol (MEG)Market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.2.6. U.S.
8.2.6.1. U.S. Monoethylene Glycol (MEG)Market estimates and forecast, 2016 - 2026, (USD Million)
8.2.6.2. U.S. Monoethylene Glycol (MEG)Market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.2.6.3. U.S. Monoethylene Glycol (MEG)Market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.2.6.4. U.S. Monoethylene Glycol (MEG)Market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.2.6.5. U.S. Monoethylene Glycol (MEG)Market estimates and forecast by End use, 2016 - 2026, (USD Million)
8.2.7. Canada
8.2.7.1. Canada Monoethylene Glycol (MEG)Market estimates and forecast, 2016 - 2026, (USD Million)
8.2.7.2. Canada Monoethylene Glycol (MEG)Market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.2.7.3. Canada Monoethylene Glycol (MEG)Market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.2.7.4. Canada Monoethylene Glycol (MEG)Market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.2.7.5. Canada Monoethylene Glycol (MEG)Market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.3. Europe
8.3.1. Europe Monoethylene Glycol (MEG)Market estimates and forecast, 2016 - 2026, (USD Million)
8.3.2. Europe Monoethylene Glycol (MEG)Market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.3.3. Europe Monoethylene Glycol (MEG)Market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.3.4. Europe Monoethylene Glycol (MEG)Market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.3.5. Europe Monoethylene Glycol (MEG)Market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.3.6. Germany
8.3.6.1. Germany Monoethylene Glycol (MEG)Market estimates and forecast, 2016 - 2026, (USD Million)
8.3.6.2. Germany Monoethylene Glycol (MEG)Market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.3.6.3. Germany Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.3.6.4. Germany Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.3.6.5. Germany Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.3.7. France
8.3.7.1. France Monoethylene Glycol (MEG)Market estimates and forecast, 2016 - 2026, (USD Million)
8.3.7.2. France Monoethylene Glycol (MEG)Market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.3.7.3. France Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.3.7.4. France Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.3.7.5. France Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.3.8. U.K.
8.3.8.1. U.K Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.3.8.2. U.K Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.3.8.3. U.K. Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.3.8.4. U.K. Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.3.8.5. U.K. Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.3.9. Spain
8.3.9.1. Spain Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.3.9.2. Spain Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.3.9.3. Spain. Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.3.9.4. Spain Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.3.9.5. Spain Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.3.10. Italy
8.3.10.1. Italy Monoethylene Glycol (MEG)Market estimates and forecast, 2016 - 2026, (USD Million)
8.3.10.2. Italy Monoethylene Glycol (MEG)Market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.3.10.3. Italy Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.3.10.4. Italy Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.3.10.5. Italy Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.3.11.2. Rest of Europe Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.3.11.3. Rest of Europe Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.3.11.4. Rest of Europe Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.3.11.5. Rest of Europe Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.4. Asia Pacific
8.4.1. Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.4.2. Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.4.3. Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.4.4. Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.4.5. Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.4.6. China
8.4.6.1. China Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.4.6.2. China Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.4.6.3. China Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.4.6.4. China Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.4.6.5. China Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.4.7. Japan
8.4.7.1. Japan Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.4.7.2. Japan Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.4.7.3. Japan Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.4.7.4. Japan Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.4.7.5. Japan Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.4.8. India
8.4.8.1. India Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.4.8.2. India Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.4.8.3. India Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.4.8.4. India Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.4.8.5. India Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.4.9. Rest of Asia Pacific
8.4.9.1. Rest of Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.4.9.2. Rest of Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.4.9.3. Rest of Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.4.9.4. Rest of Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.4.9.5. Rest of Asia Pacific Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.5. Middle East & Africa
8.5.1. Middle East and Africa Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.5.2. Middle East and Africa Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.5.3. Middle East and Africa Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.5.4. Middle East and Africa Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.5.5. Middle East and Africa Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.6. Latin America
8.6.1. Latin America Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.6.2. Latin America Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.6.3. Latin America Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.6.4. Latin America Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.6.5. Latin America Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)
8.6.6. Brazil
8.6.6.1. Brazil Monoethylene Glycol (MEG)market estimates and forecast, 2016 - 2026, (USD Million)
8.6.6.2. Brazil Monoethylene Glycol (MEG)market estimates and forecast by Type, 2016 - 2026, (USD Million)
8.6.6.3. Brazil Monoethylene Glycol (MEG)market estimates and forecast by Technology Type, 2016 - 2026, (USD Million)
8.6.6.4. Brazil Monoethylene Glycol (MEG)market estimates and forecast by Application Type, 2016 - 2026, (USD Million)
8.6.6.5. Brazil Monoethylene Glycol (MEG)market estimates and forecast by End Use, 2016 - 2026, (USD Million)

Chapter 9. Competitive Landscape
9.1. Market Revenue Share by Manufacturers
9.2. Manufacturing Cost Breakdown Analysis
9.3. Mergers & Acquisitions
9.4. Strategy Benchmarking
9.5. Vendor Landscape

Chapter 10. Company Profiles
10.1. LyondellBasell
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Product Length Benchmarking
10.1.4. Strategic Initiatives
10.2. The Dow Chemical Company
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Product Length Benchmarking
10.2.4. Strategic Initiatives
10.3. ME Global
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Product Length Benchmarking
10.3.4. Strategic Initiatives
10.4. SABIC
10.4.1. Company Overview
10.4.2. Financial Performance
10.4.3. Product Length Benchmarking
10.4.4. Strategic Initiatives
10.5. ExxonMobil Corporation
10.5.1. Company Overview
10.5.2. Financial Performance
10.5.3. Product Length Benchmarking
10.5.4. Strategic Initiatives
10.6. Formosa Plastic Group
10.6.1. Company Overview
10.6.2. Financial Performance
10.6.3. Product Length Benchmarking
10.6.4. Strategic Initiatives
10.7. AkzoNobel
10.7.1. Company Overview
10.7.2. Financial Performance
10.7.3. Product Length Benchmarking
10.7.4. Strategic Initiatives
10.8. Honam Petrochemical Corporation
10.8.1. Company Overview
10.8.2. Financial Performance
10.8.3. Product Length Benchmarking
10.8.4. Strategic Initiatives
Note: Product cover images may vary from those shown
  • LyondellBasell
  • The Dow Chemical Company
  • ME Global
  • SABIC
  • ExxonMobil Corporation
  • Formosa Plastic Group
  • AkzoNobel
  • Honam Petrochemical Corporation
Note: Product cover images may vary from those shown

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