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.
Technavio’s 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
Technavio’s 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 driver • Increasing demand for PET containers • For a full, detailed list, view our report
Market challenge • Volatile crude oil prices • For a full, detailed list, view our report
Market trend • Bio-based MEG: Sustainable production • For a full, detailed list, view our 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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68 pages •
By Infiniti Research Limited
• Oct 2016
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Crude Oil Price
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