Emerging Trends in Mono Ethylene Glycol Market 2019 and Global Foreseen Till 2023 | Analysis by Top Key Vendors – Akzo Nobel, BASF, Dow

“Mono Ethylene Glycol (MEG) Market” report includes - Industry Future Trends, Growth Opportunity, Experts reviews and forecast period (2019-2023). A wide range of Applications, Utilization Ratio, Supply and Demand analysis are also consist in the Report. At the end report introduced new project SWOT analysis, investment feasibility analysis.             

Global Mono Ethylene Glycol (MEG) Market overview:

The Mono Ethylene Glycol (MEG) Market is expected to witness sustained growth over the forecast period (2019-2023). The growth of the Mono Ethylene Glycol (MEG) market is driven as there is favourable growth in the industry is a major factor which will boost the global Mono Ethylene Glycol (MEG) Market.

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The Global Mono Ethylene Glycol (MEG) Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Mono Ethylene Glycol (MEG) Market is sub segmented into Fiber Grade MEG, Industrial Grade MEG, Antifreeze Grade MEG. Based on End Use Industry segment, the Mono Ethylene Glycol (MEG) Market is sub segmented into Polyester Resins, Antifreeze and Coolants, Chemical Intermediates, Heat Transfer Fluids. Fiber is the largest Application owing to its high demand in textile End-use Industry. Increasing demand for Synthetic Fiber is encouraging the use of PET and Polyester Fiber thus driving the production of fiber and hence increasing the demand for Mono Ethylene Glycol (MEG). Fiber is also the largest application of Mono Ethylene Glycol (MEG) in Aisa-Pacific which has the largest market share globally. This region is the largest manufacturer as well as supplier for textile and apparel across the globe. China, India and other Asian nations are the top exporters of synthetic yarn in the world.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

On the basis of regional analysis, Asia-Pacific is the largest and fastest growing market for Mono Ethylene Glycol (MEG). China which dominates Asia-Pacific has half the demand for Mono Ethylene Glycol (MEG) globally. China, India, and North and South Asian countries largely contribute to the demand for MEG. Textile, Packaging, Automotive and chemical industries drive the applications of Mono Ethylene Glycol (MEG). The high growth in automotive and packaging industries and have propelled the growth of Mono Ethylene Glycol (MEG) in this region.

Some of the major players that operate in the Global Mono Ethylene Glycol (MEG) Market are Akzo Nobel, BASF, Dow, Huntsman International, LyondellBasell, Shell, Chemtex Speciality, SABIC, Lotte Chemical, MEGlobal, NAN YA PLASTICS, Reliance Industries, India Glycols .

Latest Industry Updates:

Dow (NYSE: DOW) today announces the development of a new resin made with 70 percent recycled plastic. This innovative new solution, called AGILITY™ CE, is the first post-consumer recycled (PCR) product offering of Dow's plastics circularity portfolio to incorporate a high percentage of post-consumer plastic waste. This new resin consists of a low-density polyethylene (LDPE) into which recycled plastic shrink film is incorporated without sacrificing material quality and functionality in the final application.

“What is exciting about AGILITY™ CE is that previously mechanically recycled content has often diminished or degraded in quality,” stated Carsten Larsen, Commercial Recycling Director for Dow’s Packaging and Specialty Plastics business. “Here we have a consistent and high-quality product – taking back used shrink film directly from a retailer and using our material science to recreate a resin which can be used directly back into the same quality shrink film.” This is the first grade of AGILITY™ CE and is intended for use in collation shrink films as secondary packaging for transportation of cans or bottles. It enables converters to incorporate more than 50 percent recycled content in the formulation of the final film, without altering its functionality. The availability of this high quality recyclate will help retailers and brand owners meet their sustainability goals while helping reduce the amount of waste going into landfills.

Dow continues to work towards a circular system, which would guarantee that secondary or transportation packaging films are recycled back into the same type of application. This innovation is another example of Dow’s strategy to enable a shift to a circular economy for plastics, by focusing on resource efficiency and integrating recycled content and renewable feedstocks into its production processes.

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Table of Contents:

Section 1 Mono Ethylene Glycol (MEG) Product Definition

Section 2 Global Mono Ethylene Glycol (MEG) Market Manufacturer Share and Market Overview

Section 3 Manufacturer Mono Ethylene Glycol (MEG) Business Introduction

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3.3 Dow Mono Ethylene Glycol (MEG) Business Introduction

3.3.1 Dow Mono Ethylene Glycol (MEG) Shipments, Price, Revenue and Gross profit 2014-2018

3.3.2 Dow Mono Ethylene Glycol (MEG) Business Distribution by Region

3.3.3 Interview Record

3.3.4 Dow Mono Ethylene Glycol (MEG) Business Overview

3.3.5 Dow Mono Ethylene Glycol (MEG) Product Specification

3.4 Huntsman International Mono Ethylene Glycol (MEG) Business Introduction

3.5 LyondellBasell Mono Ethylene Glycol (MEG) Business Introduction

3.6 Shell Mono Ethylene Glycol (MEG) Business Introduction

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