Monoethylene Glycol (MEG) Market to Reach US$ 30.40 Billion by 2022- Know the Key Trends, Growth Structure
Global Monoethylene Glycol (MEG) Market shows the Industry Overview with Definition, Product Development History. This is an in-depth research which shows the world's main region industry conditions and forecasts 2022.
(EMAILWIRE.COM, December 28, 2018 ) ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global monoethylene glycol market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.
The report offers insights on Monoethylene Glycol (MEG) used for various applications in various end-use industries across regions. It aims at estimating the size of the MEG market during the forecast period and projects future growth potential of the market across different segments, such as form,end-use industry, and region.
The Monoethylene Glycol (MEG) Market was valued at US$ 24.41 Billion in 2017 and is projected to reach US$ 30.40 Billion by 2022, at a CAGR of 4.5% from 2017 to 2022. The growing demand for MEG in the production of polyester and PET is driving the MEG market. Improved socioeconomic conditions, emerging economies, improved infrastructure, increasing vehicle fleet, among other factors have propelled the demand for automobiles.
Get Free Sample Copy of “Monoethylene Glycol (MEG) Market” at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1600746 .
Browse and In-depth Table of Content on “Monoethylene Glycol (MEG) Market”
Pages-123
Profiles-11
Tables-71
Figure-40
Top Key Players in the “Monoethylene Glycol (MEG) Market” include are
• SABIC (Saudi Arabia)
• Formosa (Taiwan)
• Dow (US)
• BASF (Germany)
• ME Global (UAE)
• Sinopec (China)
• Shell (Netherlands)
• Reliance (India)
• SIBUR (Russia)
Access Complete Report of “Monoethylene Glycol (MEG) Market by Application (Fiber, PET, Antifreeze & Coolant, Film), Technology, and Geography (Asia Pacific, North America, Europe, Middle East & Africa, and South America) - Global Forecast to 2022” report at https://www.reportsnreports.com/purchase.aspx?name=1600746 .
The Asia Pacific Monoethylene Glycol (MEG) market is projected to grow at the highest CAGR during the forecast period, owing to the increased demand for MEG in polyester production and PET production units. APAC is the largest market of MEG owing to the high growth potential in polyester fibers and PET applications. China and India require significant volume of MEG to produce polyester fibers and PET resins. The polyester fiber production and consumption in APAC is expected to be the largest driver of the market in 2017. Polyester fibers are expected to dominate the overall fiber market, by 2022.
The Study Objectives of this report are:
• To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To forecast the MEG market size with respect to five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
• To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
• To strategically analyze the micromarkets with respect to individual growth trends, growth prospects, and their contribution to the overall market
• To analyze competitive developments such as joint ventures, mergers & acquisitions, regional expansions in the Monoethylene Glycol (MEG) market
More information about Discount on Christmas & Year End offer at https://www.reportsnreports.com/contacts/discount.aspx?name=1600746 .
Target Audience:
• Manufacturers of MEG
• Chemical Suppliers
• Traders, Distributors, and Suppliers of MEG
• Raw Material Suppliers
• Government and Research Organizations
• Industry Associations
The report offers insights on Monoethylene Glycol (MEG) used for various applications in various end-use industries across regions. It aims at estimating the size of the MEG market during the forecast period and projects future growth potential of the market across different segments, such as form,end-use industry, and region.
The Monoethylene Glycol (MEG) Market was valued at US$ 24.41 Billion in 2017 and is projected to reach US$ 30.40 Billion by 2022, at a CAGR of 4.5% from 2017 to 2022. The growing demand for MEG in the production of polyester and PET is driving the MEG market. Improved socioeconomic conditions, emerging economies, improved infrastructure, increasing vehicle fleet, among other factors have propelled the demand for automobiles.
Get Free Sample Copy of “Monoethylene Glycol (MEG) Market” at https://www.reportsnreports.com/contacts/requestsample.aspx?name=1600746 .
Browse and In-depth Table of Content on “Monoethylene Glycol (MEG) Market”
Pages-123
Profiles-11
Tables-71
Figure-40
Top Key Players in the “Monoethylene Glycol (MEG) Market” include are
• SABIC (Saudi Arabia)
• Formosa (Taiwan)
• Dow (US)
• BASF (Germany)
• ME Global (UAE)
• Sinopec (China)
• Shell (Netherlands)
• Reliance (India)
• SIBUR (Russia)
Access Complete Report of “Monoethylene Glycol (MEG) Market by Application (Fiber, PET, Antifreeze & Coolant, Film), Technology, and Geography (Asia Pacific, North America, Europe, Middle East & Africa, and South America) - Global Forecast to 2022” report at https://www.reportsnreports.com/purchase.aspx?name=1600746 .
The Asia Pacific Monoethylene Glycol (MEG) market is projected to grow at the highest CAGR during the forecast period, owing to the increased demand for MEG in polyester production and PET production units. APAC is the largest market of MEG owing to the high growth potential in polyester fibers and PET applications. China and India require significant volume of MEG to produce polyester fibers and PET resins. The polyester fiber production and consumption in APAC is expected to be the largest driver of the market in 2017. Polyester fibers are expected to dominate the overall fiber market, by 2022.
The Study Objectives of this report are:
• To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and challenges)
• To forecast the MEG market size with respect to five main regions, namely, North America, Europe, Asia Pacific, the Middle East & Africa, and South America
• To analyze the opportunities in the market for stakeholders and provide a competitive landscape for market leaders
• To strategically analyze the micromarkets with respect to individual growth trends, growth prospects, and their contribution to the overall market
• To analyze competitive developments such as joint ventures, mergers & acquisitions, regional expansions in the Monoethylene Glycol (MEG) market
More information about Discount on Christmas & Year End offer at https://www.reportsnreports.com/contacts/discount.aspx?name=1600746 .
Target Audience:
• Manufacturers of MEG
• Chemical Suppliers
• Traders, Distributors, and Suppliers of MEG
• Raw Material Suppliers
• Government and Research Organizations
• Industry Associations
Contact Information:
ReportsnReports
Mr. Vishal
Tel: + 18883915441
Email us
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ReportsnReports
Mr. Vishal
Tel: + 18883915441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results