Monoethylene Glycol Market Anticipated for Progressive Growth by 2023
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Monoethylene</strong> <strong>Glycol</strong> <strong>Market</strong><br />
<strong>Anticipated</strong> <strong>for</strong> <strong>Progressive</strong><br />
<strong>Growth</strong> <strong>by</strong> <strong>2023</strong> | Crystal <strong>Market</strong><br />
Research<br />
The <strong>Monoethylene</strong> <strong>Glycol</strong> <strong>Market</strong> was worth USD 21.45 billion in the year 2014 and is expected to reach<br />
approximately USD 38.71 billion <strong>by</strong> <strong>2023</strong>, while registering itself at a compound annual growth rate (CAGR) of<br />
6.78% during the <strong>for</strong>ecast period. The worldwide <strong>Monoethylene</strong> glycol market is anticipated to encounter a<br />
critical development over the figure time frame. The market is anticipated to be impacted <strong>by</strong> increasing demand of<br />
MEG as raw material <strong>for</strong> the production of polyester fibers. <strong>Monoethylene</strong> glycol (MEG) is a critical crude<br />
material <strong>for</strong> modern applications. An essential utilization of MEG is in the production of polyester (PET) gums,<br />
movies and filaments. Even, MEG is essential in the creation of liquid catalysts, coolants, flying machine hostile<br />
to icer and deicers and solvents. It can be also utilized <strong>for</strong> applications that require compound intermediates <strong>for</strong><br />
gums, dissolvable couplers, the point of solidification misery, solvents, humectants and synthetic intermediates.<br />
These applications are essential to the fabricate of an extensive variety of items, including pitches, deicing liquids,<br />
warm exchange liquids, car radiator fluid and coolants, water-based glues, latex paints and black-top emulsions,<br />
electrolytic capacitors, material filaments and paper.<br />
1 | P a g e
Get Sample Copy of the Report here: https://www.crystalmarketresearch.com/report-sample/CM11386<br />
<strong>Market</strong> Scenario:<br />
The market includes various competitors prevailing across regions. The prevalent business players incorporate<br />
SABIC, The Dow Chemicals, Regal Dutch, AkzoNobel, Mitsubishi Compound and Dependence Enterprises,<br />
which <strong>by</strong> and large holds more than 40% of the aggregate piece of the pie. The other market players include Lotte<br />
Chemical Corporation, Nan Ya Plastics Corporation, Sinopec Zhenhai Refining & Chemical Company,<br />
LyondellBasell Industries, MEGlobal, ExxonMobil Corporation, India <strong>Glycol</strong>s and ChemtexSpeciality Limited.<br />
The <strong>Monoethylene</strong> <strong>Glycol</strong> (MEG) <strong>Market</strong> is segmented as follows-<br />
By Grade:<br />
• Polyester<br />
• Industrial<br />
• Antifreeze<br />
• Low Conductivity<br />
By Application:<br />
• Polyester Fiber<br />
• PET<br />
• Antifreeze & Coolants<br />
• Chemical Intermediates<br />
Ask For Customization: https://www.crystalmarketresearch.com/customization/CM11386<br />
About Crystal <strong>Market</strong> Research:<br />
Crystal <strong>Market</strong> Research is a U.S. based market research and business intelligence company. Crystal offers one<br />
stop solution <strong>for</strong> market research, business intelligence, and consulting services to help clients make more<br />
in<strong>for</strong>med decisions. It provides both syndicated as well as customized research studies <strong>for</strong> its customers spread<br />
across the globe. The company offers market intelligence reports across a broad range of industries including<br />
healthcare, chemicals & materials, technology, automotive, and energy.<br />
2 | P a g e
Contact Us:<br />
Contact:<br />
Judy<br />
304 South Jones Blvd, Suite 1896,<br />
Las Vegas NV 89107,<br />
United States<br />
Toll Free: +1-888-213-4282<br />
Email: sales@crystalmarketresearch.com<br />
Blog: https://blog.crystalmarketresearch.com<br />
Website: http://www.crystalmarketresearch.com<br />
Connect with us: LinkedIn | Twitter | Facebook<br />
3 | P a g e
Change language