Global monoethylene glycol market is expected to generate around USD 33.01 billion by 2025, at a CAGR of around 4.32% between 2019 and 2025. The growing demand for polyester fabrics in the textile industry is anticipated to drive the monoethylene glycol market in the upcoming years.
Monoethylene Glycol Market
The report covers a forecast and an analysis of the monoethylene glycol market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion) and volume (Kilotons). The study includes drivers and restraints for the monoethylene glycol market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the monoethylene glycol market on a global level.
In order to give the users of this report a comprehensive view of the monoethylene glycol market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides a company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new technology launches, agreements, partnerships, collaborations & joint ventures, research & development, technology, and regional expansion of major participants involved in the market on a global and regional basis. Moreover, the study covers price trend analysis and product portfolios of various companies according to regions.
The study provides a decisive view of the monoethylene glycol market by segmenting the market based on grade, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the historical and forecast demand for North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Some key industry players operating in the global monoethylene glycol market include SABIC, Formosa, Dow DuPont, BASF SE, MEGlobal, Sinopec, Shell, Reliance, SIBUR, and PTTGC, among others.
This report segments the global monoethylene glycol market into: