Mono Ethylene Glycol Market Is Booming Worldwide | Lotte Chemical, SABIC, Formosa

Advance Market Analytics published a new research publication on "Mono Ethylene Glycol Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Mono Ethylene Glycol market was mainly driven by the increasing R&D spending across the world.

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Some of the key players profiled in the study are: SABIC (Saudi Arabia), Formosa (Taiwan), Dow Chemical International Private Limited (United States), BASF (Germany), MEGlobal (United Arab Emirates), Sinopec (China), Shell (Netherlands), Reliance (India), SIBUR (Russia), Lotte Chemical (South Korea).

Scope of the Report of Mono Ethylene Glycol
Monoethylene glycol (MEG) is defined as the organic compound which is syrupy liquid, colorless, odorless, with a sweet taste. It is produced from ethylene via ethylene oxide that is hydrated through the thermal or else catalytic process. It is used as antifreeze for different uses such as preserving biological tissues & organs or as de-icing fluids. It is a significant raw material for the number of industrial applications including manufacturing namely polyethylene terephthalate, manufacturing of polyester fiber, fabrics, among others. The growing use of monoethylene glycol in polyester fiber and polyethylene terephthalate industries are some of the major drivers which are propelling the growth of the market. According to AMA, the Global Mono Ethylene Glycol market is expected to see growth rate of 5.2%.

The titled segments and sub-section of the market are illuminated below: by Type (Fiber Grade MEG, Industrial Grade MEG, Antifreeze Grade MEG), Application (Polyester Resins, Antifreeze and Coolants, Chemical Intermediates, Heat Transfer Fluids, Others), End-Use Industries (Packaging, Automotive, Textiles, Chemicals, Others), Technology (Naphtha-Based, Coal-And Natural Gas-Based, Bio-Based Monoethylene Glycol Production, Others)

Market Trends:
Technology Advancement in Monoethylene Glycol

Opportunities:
High Potential for the Development of Bio-Based MEG
Increasing Coal Plants in China
Rising Demand from Emerging Economics such as China and India

Market Drivers:
Rising Demand for MEG in Antifreeze and Coolant Application
Increasing Demand for Polyester Fiber and PET

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Mono Ethylene Glycol Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Mono Ethylene Glycol market
Chapter 2: Exclusive Summary - the basic information of the Mono Ethylene Glycol Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Mono Ethylene Glycol
Chapter 4: Presenting the Mono Ethylene Glycol Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Mono Ethylene Glycol market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2023-2028)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Mono Ethylene Glycol Market is a valuable source of guidance for individuals and companies.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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