Press release
Monoethylene Glycol Market Outlook, Opportunity And Demand Analysis, Forecast to 2023
Request sample report here : https://www.psmarketresearch.com/market-analysis/monoethylene-glycol-market/report-sample
The increasing demand for non-ionic surfactant and growing textile & fiber industries are expected to create ample opportunities for the growth of the global monoethylene glycol market, during the forecast period.
Based on application, the monoethylene glycol market can be segmented into antifreeze, polyester fiber, polyethylene terephthalate (PET), and others. The major application areas of monoethylene glycol are polyester fiber and polyethylene terephthalate (PET).
Monoethylene glycol is commonly known as ethylene glycol that is a colorless, sweet tasting, and odorless organic compound. Monoethylene glycol is manufactured from ethylene, a downstream product of natural gas and crude oil. Monoethylene glycol is one of the most important raw materials required for industrial applications.
Geographically, Asia-Pacific is the largest market for monoethylene glycol. During the forecast period, the Asia-Pacific monoethylene glycol market is expected to grow at the fastest rate, owing to the presence of large number of fibers and textile manufacturers in the region.
Read full summary of report here : https://www.psmarketresearch.com/market-analysis/monoethylene-glycol-market
Several major players such as Reliance Industries Limited and Royal Dutch Shell PLC are involved in the production of raw materials. Monoethylene glycol is produced from ethylene, a downstream product of crude oil. Reliance Industries Limited and Royal Dutch Shell PLC are also involved in the manufacturing of monoethylene glycol.
About P&S Intelligence
P&S Intelligence, a brand of P&S Market Research, is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world.
Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Connect with us: LinkedIn | Twitter | Google + | Facebook
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Monoethylene Glycol Market Outlook, Opportunity And Demand Analysis, Forecast to 2023 here
News-ID: 1222922 • Views: …
More Releases from P&S Intelligence
U.S. ESG Investments Market Set to Skyrocket: $16 Trillion by 2032
According to the latest market research study published by P&S Intelligence, the U.S. Environmental, Social, and Governance (ESG) investments market is experiencing a significant surge, with projections indicating an increase from $6.5 trillion in 2024 to an estimated $16.0 trillion by 2032. This represents a robust compound annual growth rate (CAGR) of 12.1% over the forecast period.
According to a comprehensive analysis by P&S Intelligence, the market's expansion is driven…
Facility Management in the U.K. Booms with 14.1% CAGR as Demand Soars Across Sec …
According to the latest market research study published by P&S Intelligence, the U.K. facility management market is poised for significant growth, with projected revenues reaching USD 2,743.3 million in 2024 and expected to soar to USD 6,038.4 million by 2030, reflecting a robust CAGR of 14.1% during the forecast period.
This expansion is fueled by a surge in demand across both public and private sectors. According to the RICS U.K.…
Point-of-Sale Software Market in the U.S. Set to Grow by 9.7% CAGR, Boosted by O …
According to the latest market research study published by P&S Intelligence, the U.S. point-of-sale (POS) software market, valued at USD 4.7 billion in 2024, is poised for significant growth over the coming years, with projections estimating it will reach USD 9.8 billion by 2032, expanding at a compound annual growth rate (CAGR) of 9.7%. This growth is attributed to rapid technological advancements, a surge in mobile and cloud-based POS systems,…
Competitive Landscape of the Industrial Starches Market: Key Players, Trends, an …
According to the latest market research study published by P&S Intelligence, the global industrial starches market is poised for significant growth, with a projected increase from USD 110.3 billion in 2024 to USD 169.9 billion by 2030, at a robust compound annual growth rate (CAGR) of 7.5%. Industrial starches play a crucial role in diverse sectors, including food, pharmaceuticals, and paper, driven by their unique properties such as stabilizing, thickening,…
More Releases for Monoethylene
Monoethylene Glycol Market Growth, Trends, and Emerging Opportunities 2030
Monoethylene Glycol (MEG) Market Poised for Significant Growth Across Key Regions
The global Monoethylene Glycol (MEG) market is experiencing substantial expansion, driven by increasing demand across various industries such as textiles, automotive, and packaging. According to Maximize Market Research, the market size was valued at USD 35.12 billion in 2023 and is projected to reach USD 53.51 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 6.2% during the…
Monoethylene Glycol (MEG) Market Sees Explosive Growth Globally
According to the latest research report published by Market Data Forecast, the global monoethylene glycol (meg) market was worth US$ 30.37 billion in 2023 and is anticipated to reach a valuation of US$ 44.39 billion by 2029 and it is predicted to register a CAGR of 6.53% during the forecast period 2024-2029.
MEG is also known as ethylene glycol which is a colourless and odourless compound. Also, it is procured from…
Monoethylene Glycol Market Future Scope Analysis Report 2021-2031
𝐌𝐨𝐧𝐨𝐞𝐭𝐡𝐲𝐥𝐞𝐧𝐞 𝐆𝐥𝐲𝐜𝐨𝐥 𝐌𝐚𝐫𝐤𝐞𝐭: 𝐈𝐧𝐭𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧
Monoethylene glycol is a colorless, odorless, and barely viscous liquid that is miscible in water, aldehydes, alcohols, and many other organic compounds. It is an organic compound used primarily as a raw material in the manufacture of polyethylene terephthalate resins (PET), which are employed in bottles and polyester fibers in the fabric industry. It cannot dissolve heavy petroleum and vegetable oils, cellulose acetate, and rubber.
𝐑𝐞𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰…
Monoethylene Glycol (MEG) Market Size, Share, Development by 2025
LP INFORMATION recently released a research report on the Monoethylene Glycol (MEG) market analysis and elaborate the industry coverage, current market competitive status, and market outlook and forecast by 2025. Moreover, it categorizes the global Monoethylene Glycol (MEG)market by key players, product type, applications and regions,etc.
The main objective of this market research is to help the readers understand the structure of Monoethylene Glycol (MEG)market, market definition, overview, industry opportunities…
How will rapid industrialization favor monoethylene glycol market trends?
Global monoethylene glycol market demand is substantiated by steady demand from key end use industries such as packaging, automotive, paints & coatings, textiles, and others. In terms of revenue, global monoethylene glycol market is likely to surpass USD 40 bn by 2024. The product is extensively used for the production of PET materials and polyester fiber & resins, which are used across a wide spectrum of applications. Rising demand for…
Monoethylene Glycol (MEG) Market: Competitive Dynamics & Global Outlook 2025
LP INFORMATION recently released a research report on the Monoethylene Glycol (MEG) market analysis, which studies the Monoethylene Glycol (MEG)'s industry coverage, current market competitive status, and market outlook and forecast by 2025.
Global “Monoethylene Glycol (MEG) Market 2020-2025” Research Report categorizes the global Monoethylene Glycol (MEG) market by key players, product type, applications and regions,etc. The report also covers the latest industry data, key players analysis, market share, growth…
