The report "Monoethylene Glycol (MEG) Market by Application (Fiber, PET, Antifreeze & Coolant, Film), Technology, and Geography (Asia Pacific, North America, Europe, Middle East & Africa, and South America) - Global Forecast to 2022" published by MarketsandMarkets™, the growing demand for MEG in the Fiber, PET, and film applications coupled with high demand in APAC region are driving the MEG Market. The growing demand for polyester in textile industry is driving the demand of MEG in textile end-use industry.
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Research Methodology
This study estimates the size of the MEG market for 2017 and projects its growth by 2022. It provides a detailed qualitative and quantitative analysis of the MEG market. Secondary sources, such as Hoovers, Bloomberg Business Week, and Factiva, among others have been used to identify and collect information useful for this extensive, commercial study of the MEG market. Primary sources such as experts from related industries and suppliers of MEG have been interviewed to obtain and verify critical information and assess future prospects of the MEG market.
Target Audience:
Manufacturers of MEG
Chemical Suppliers
Traders, Distributors, and Suppliers of MEG
Raw Material Suppliers
Government and Research Organizations
Industry Associations
Antifreeze & coolant is the fastest growing application owing to its high growth in automotive and chemical end-use industries. Ethylene glycol is the most widely used coolant in APAC which is also the fastest growing market and accounted for more than 80% of the total coolant market in 2015.
The key players operating in the MEG Market are SABIC (Saudi Arabia), Formosa (Taiwan), Dow (US), BASF SE (Germany), MEGlobal (UAE), Sinopec (China), Shell (Netherlands), Reliance (India), and SIBUR (Russia). These companies undertake dynamic business strategies that propel the growth of the MEG Market.
Early buyers will receive 10% customization on this report.
For more details: https://www.prnewswire.com/news-releases/monoethylene-glycol-meg-market-worth-3040-billion-usd-by-2022-671601603.html
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