Veracious Statistics Research has published the report on Global Monoethylene Glycol Market and the market research study provides a thorough assessment of the worldwide market based on product types such as minerals and ores, food and farm goods, machinery and tools, chemicals, and others. The study also offers market research based on geographic areas such as America, APAC, and MEA.                                                                          

Global Monoethylene Glycol Market Size is estimated to expand rapidly in the coming years, at a CAGR of 4.4 % from 2017 to 2025. In 2017, the global market valuation was USD 24.85 billion, and it is expected to be greater than USD xx.xx billion by 2025.  The global market is anticipated to see a high boost in developing economies such as the Asia Pacific, and North America by cause of an increased focus on the globalization of the market across the region. 

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global monoethylene glycol market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global monoethylene glycol market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By End Use Insights: Monoethylene glycol market is depending upon the packaging, automotive, textiles, chemicals, and others. Improving the application range of polyethylene terephthalate in various consumer goods items such as food containers and bottles is supposed to raise monoethylene glycol demand over the next future years. Rapid economic growth and altering user lifestyles, especially in developing markets including China, India, Brazil, and Mexico, have driven the packaging industry, which is expected to provide stability to the monoethylene glycol market through the forecast period. Because of their excellent chemical properties, such as high viscosity, low freezing point, and elevated boiling point, monoethylene glycol is commonly used in the manufacture coolants and deicing materials. 

By Application Insights: Monoethylene glycol are using in the polyester fiber, polyethylene terephthalate, antifreeze & coolants, solvent, and chemical intermediate. Polyester fabrics are widely using in apparel, home furniture, yarns & ropes and other industrial applications, such as conveyor belts and waterproofing tapes, that are probable to drive monoethylene glycol demand over the forecast period. Its properties are better strength and resistance to effect.

Regional Analysis

The global monoethylene glycol market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. The Asia Pacific maintains a prolific share in monoethylene glycol 's worldwide market production as it has a high amount of fiber and textile manufacturers requiring polyester and polyethylene terephthalate. China, India & Taiwan, along with other Asian-Pacific nations, are the major manufacturers of ethylene glycol. Middle East Africa contains the second-largest share of monoethylene glycol production globally with efficiency during the forecast year. Development is strong in Middle East Africa to satisfy its increasing demand for monoethylene glycol in various fields such as fiber, anti-freeze, and packaging.

Global Monoethylene Glycol Market Size, Share Analysis By Region 2017

Global Monoethylene Glycol Market Study Objective

1. To forecast the market size of the monoethylene glycol market in terms of quantity and income as well as market possibilities for shareholders, along with defining and identifying the market, in order to provide a competitive landscape for worldwide market players.

2. Monoethylene glycol market analysis and forecast based on region, substratum, and implementation or end-use industries. Profiling significant market players and comprehensively analyzing their market stocks and vital skills.

3. To evaluate and elaborate important variables that will have an important effect on edge analytics market growth, such as drivers, constraints, difficulties, and prospects.

4. Monoethylene glycol market regional assessment to stimulate the size of the market of five main worldwide areas, including Europe, North America, South America, Middle East & Africa, and The Asia Pacific.

5. Strategic assessment of micro markets in terms of individual prospects, possibilities, trends in development and general market participation.

6. To provide a detailed examination of competitive and strategic trends on the monoethylene glycol market such as a fresh product launch, partnership & contract, investment & development, and mergers & acquisitions of companies.

Key Players Landscape

SABIC, The Dow Chemical Company, Akzo Nobel N. V., Mitsubishi Chemical Corporation, Royal Dutch Shell plc, LOTTE Chemical CORPORATION, China Petroleum & Chemical Corporation, Exxon Mobil Corporation, BASF SE, MEGlobal, Formosa Plastics Corporation, and others are some of the key players in the market of monoethylene glycol.

Global Monoethylene Glycol Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.