Press release
Monoethylene Glycol Market is set to touch US$40.84 bn by the end of 2023
View Complete Report @ https://www.transparencymarketresearch.com/monoethylene-glycol-market.html
Transparency Market Research (TMR), in its market research report, estimates that the global monoethylene glycol (MEG) market would expand at moderate a CAGR of 6.15% over the period between 2015 and 2023. Furthermore, the total value of the global monoethylene glycol (MEG) market is set to touch US$40.84 bn by the end of 2023, rising up from a value of US$26.93 bn in 2016. There is growing importance of PET resins across several industries, and this is an important consideration from the perspective of market maturity. The textile industry is at the forefront of market growth and maturity, and the growth of the former shall reflect in the form of increased market demand.
Request a PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=2251
Industrial Applications of Polyesters Films and Fibres
Polyester films and resins hold relevance across a multitude of high-end industries, and this is an integral dynamic of market growth. Polyester fibers and films can be manufactured from monoethylene glycol (MEG), impelling the growth graph of market vendors. Use of monoethylene glycol (MEG) in antifreeze formulations makes up for a prominent driver of market demand. Other similar applications of MEG span across solvents and anti-icers for aircrafts. Considering the factors stated above, it is legit to expect the global monoethylene glycol (MEG) market to touch the apogee of market value.
Request for Customization @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=2251
Advancements in Automotive Manufacturing to Aid Market Growth
The automotive industry has remained steadfast in embracing new technologies that can foster improvements in manufacturing and performance of automotive parts. Therefore, the use of monoethylene glycol (MEG) in manufacturing coolants for automotive engines has gained momentum in recent times. Furthermore, importance of MEG-based liquids in for automotive heat transfer in automotive engines has also garnered the attention of industry leaders. The colourless, odourless, and viscous nature of monoethylene glycol (MEG) has helped in popularising the product across key industrial verticals. There is little contention in regard to the chemical supremacy of the product.
Buy Monoethylene Glycol Market Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=2251<ype=S
Some of the prominent vendors operating in the global monoethylene glycol (MEG) market are Royal Dutch Shell Plc., Dow Chemical Company, and SABIC. These companies account for around 29% of the total share of all vendors in the market.
Explore Transparency Market Research's award-winning coverage of the global Chemicals and Materials Industry @ https://www.prnewswire.com/news-releases/global-enzymes-market-to-grow-at-8-annually-to-reach-usd-12-2-billion-valuation-by-2027-transparency-market-research-301000183.html
Visit Chemicals & Materials Case Study @ https://www.transparencymarketresearch.com/casestudies/chemicals-and-materials-case-study
Contact
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: corporate.cmfe@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
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 is set to touch US$40.84 bn by the end of 2023 here
News-ID: 2055455 • Views: …
More Releases from Transparency Market Research
Handheld Marijuana Vaporizer Market Key Drivers, Market Research, and Insights f …
The global handheld marijuana vaporizer market has witnessed remarkable growth in recent years, attributed to the increasing acceptance of medicinal marijuana and the demand for convenient and discreet consumption methods. Valued at US$ 5 billion in 2021, the market is projected to surge at a CAGR of 13.4% to reach US$ 15.9 billion by 2031. This article delves into the factors driving this growth, the evolving market landscape, and the…
Disinfectant Wipes Market Forecast 2020-2030 - Market Size, Drivers, Trends, And …
The COVID-19 pandemic has precipitated a remarkable surge in the demand for disinfectant products, with a notable emphasis on disinfectant wipes as an essential tool in maintaining hygiene and preventing the spread of pathogens. This research report delves into the multifaceted landscape of the disinfectant wipes market, elucidating key trends, drivers, and innovations shaping the industry.
𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=70359
Key Players and Market Developments
Key players…
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period.
Moreover, the market is expected…
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market.
Vascular closure devices is estimated to reach a value of ~US$ 1 Bn…
More Releases for MEG
MEG-700A Series 3 Slots Configurable Power Supply
Delta Electronics’s newest 700W MEG-A configurable power supply series is now available! The MEG-700A3 comes with 3 slots in compact size power density of 14.5W/in3 and efficiency up to 93%. The 3 individual modules allows a maximum output of 180W, 300W and 700W respectively. The output voltage can be configured between 2-60V with up to 6 different outputs. Additional features include current sharing, and intelligent fan speed control.
Major approvals include…
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…
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…
Global Monoethylene Glycol (MEG) Market 2018 - Dow, SPDC, CNPC, BASF, OUCC
The statistical surveying information incorporated into the Monoethylene Glycol (MEG) report is the aftereffect of significant essential and optional research exercises. The report fragments the global market for Monoethylene Glycol (MEG) based on makers, item compose, applications, and districts. In this report, each fragment is contemplated completely and measurements are introduced in detail. The report offers an exact outline of the global Monoethylene Glycol (MEG) advertise covering key factors, for…
Monoethylene Glycol (MEG) Market Forecast Research Report 2014-2021
The Monoethylene Glycol (MEG) Market Research Report provides forecast and estimates for each application in terms of Market Size, Share, Trend and Growth during the study period 2014-2021.
Monoethylene glycol is a chemical compound prepared by intermediate oxidation of ethylene. It is a colorless and odorless chemical compound with wide range of industrial applications. Monoethylene glycol is necessarily used in preparation of polyester apparels, fabrics, resins and fibers. It is a…
Modest Growth Forecast for Global Monoethylene Glycol (MEG) Market
The report covers forecast and analysis for the Monoethylene Glycol (MEG) market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on volume and revenue (USD Million). The study includes drivers and restraints for the market along with the impact they have on the demand over the forecast period. Additionally, the report includes study of opportunities available…
