Monoethylene Glycol (MEG) Market is expected to grow at the CAGR of 6.3% during 2017-2025

According to a recently published report by Brisk Insights, the Global Monoethylene Glycol (MEG) Market is expected to grow at the CAGR of 6.3% during 2017-2025. The global monoethylene glycol (MEG) market is segmented on the basis of application and geography. The report on global monoethylene glycol (MEG) market (by application and geography) provides a detailed overview and predictive analysis of the market.

Full report available on Monoethylene Glycol (MEG) Market: Global Industry Size, Growth, Share and Forecast to 2025 report at

Market Insights

Synthetic gas (carbon monoxide and hydrogen) is oxidized in the presence of methanol to produce monoethylene. Conversely, increasing popularity of bio-based monoethylene glycol is estimated to offer opportunities in upcoming years. Polyethylene terephthalate (PET) is the fastest growing application of the monoethylene glycol market. Increase in usage of polyethylene terephthalate in the packaging industry is projected to boost the monoethylene glycol market. The popularity of PET has been growing in developing economies as a cheaper and lighter replacement for glass in the manufacture of bottles and packaging. The application scope of PET is growing at a very fast rate across emerging economies, significantly to the demand for monoethylene glycol. Growing production of polyester fiber in Asia Pacific is also likely to drive the demand for monoethylene glycol in the near future. The demand for monoethylene glycol is also increasing significantly in Latin America and MEA due to increasing consumption of polyester and PET.

Scope of the report

1. Global Monoethylene Glycol (MEG) Market, by Application, 2015–2025 (Kilo Tons) (US$ Mn)

1.1. Polyethylene Terephthalate (PET)
1.2. Polyester Fiber
1.3. Coolants & Antifreeze
1.4. Others (Intermediate Chemicals, Heat Transfer Fluids, etc.)

2. Global Monoethylene Glycol (MEG) Market, by Geography, 2015-2025 (Kilo Tons) (US$ Mn)

2.1. North America
2.1.1. U.S.
2.1.2. Canada
2.2. Europe
2.2.1. U.K.
2.2.2. Germany
2.2.3. Rest of Europe
2.3. Asia Pacific
2.3.1. China
2.3.2. Japan
2.3.3. India
2.3.4. Rest of Asia Pacific
2.4. Latin America (LATAM)
2.4.1. Brazil
2.4.2. Mexico
2.4.3. Rest of Latin America
2.5. Middle East and Africa (MEA)
2.5.1. GCC
2.5.2. Rest of Middle East and Africa

3. Company Profiles

3.1. AkzoNobel
3.2. ExxonMobil Corporation
3.3. Formosa Plastic Group
3.4. Honam Petrochemical Corporation
3.5. LyondellBasell
3.6. ME Global
3.7. Reliance Industries Ltd.
3.8. SABIC
3.9. Shell PLC.

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