Monoethylene Glycol (MEG) Market Size & Share, by Application (Polyester Fibers, PET, Antifreeze & Coolants, Films); End-user (Textile, Automotive, Packaging, Oil & Gas, Transportation, Medical) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4650
  • Published Date: Feb 23, 2023
  • Report Format: PDF, PPT

Companies Dominating the Monoethylene Glycol Landscape

top-features-companies

    ·Reliance Industries Limited

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
    • Kuwait Petroleum Corporation
    • Akzo Nobel N.V.
    • Clariant International Ltd
    • LOTTE Chemical Corporation
    • Formosa Plastics Corporation, U.S.A.
    • Exxon Mobil Corporation
    • Huntsman International LLC
    • Saudi Basic Industries Corporation (SABIC)
    • BASF SE

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  •  Reliance Industries Ltd – Reliance Industries Ltd agreed to acquire a majority stake in SenseHawk Inc. for a total transaction value of USD 32 million.

  • LOTTE Chemical Corporation – LOTTE Chemical Corporation joined hands with joint tests Syzygy and Sumitomo for ammonia photolysis. This partnership will execute the world’s largest ammonia pyrolysis technology test.


Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 4650
  • Published Date: Feb 23, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rapid extension in textile industry, increasing expansion of chemical industry across the globe, rise in demand and production of vehicles are some major factors driving the growth of the market.

The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023-2033.

Fluctuation in prices of raw materials of monoethylene glycol, stringent regulatory policies, and high manufacturing costs are estimated to be the growth hindering factors for the market expansion.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Reliance Industries Limited, LOTTE Chemical Corporation, Akzo Nobel N.V., Clariant International Ltd, Formosa Plastics Corporation, U.S.A., Exxon Mobil Corporation, Huntsman International LLC, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by application, by end user, and by region.

The textile segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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