Monoethylene Glycol Market

Monoethylene Glycol (MEG) Market Analysis by Application (Polyester Fiber, PET Bottle, PET Film, Antifreeze, Industrial), By End User (Textile, Packaging, Plastic, Automotive, Transportation) & Region – Global Forecast 2022 to 2032

Analysis of Monoethylene Glycol market covering 30+ countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Monoethylene Glycol Market Outlook

The global monoethylene glycol market is predicted to rise at a CAGR of 5.4% during 2022 to 2032.

The monoethylene glycol market share is estimated to reach US$ 65 Billionby 2032 from US$ 38.4 Billion in 2022.

The growing use of PETs in a variety of industries is expected to propel the global demand for monoethylene glycol forward. The market's expansion is being stifled by the volatility of crude oil prices and the implementation of environmental restrictions.

Various technological advances in monoethylene glycol production are projected to generate monoethylene glycol (MEG) market growth possibilities.

Market Insights Data Points
Market Size in 2021 US$ 36.2 Billion
Market Revenue in 2022 US$ 38.2 Billion
Projected Market Value (2032) US$ 65 Billion
Global Market Growth Rate (2022 to 2032) 5.4%
Key Market Players Nouryon; BASF SE; Dow; India Glycols Limited; LACC; Mitsubishi Chemical Corporation; Nan Ya Plastics Corporation; Reliance Industries Limited; Royal Dutch Shell PLC; SABIC; Solventis

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Historical Analysis (2015 to 2021) Vs. Forecast Outlook (2022 to 2032)

As per the recent report published by Fact.MR, the monoethylene glycol systems market recorded a CAGR of 6.4% during the historical period. However, the market has showed an acute slump during the forecast period, and is anticipated to reduce to a CAGR value of 5.4% between 2022 to 2032.

The pandemic has had an impact on the global demand for monoethylene glycol. But the current market outlook is changing. The increased demand for antifreeze, PET resin and polyester fibre is a major factor propelling the global monoethylene glycol market forward.

Monoethylene glycol is also a biodegradable substance, which means that aquatic organisms are less affected. This element has also contributed to the monoethylene glycol industry's growth. MEG is extremely toxic to humans; consumption has been shown to have a negative influence on the kidneys, heart, and central nervous system, limiting the market's growth.

Increased demand for non-ionic surfactants and growing textile and fibre industries are expected to generate numerous chances for the sector to expand. Monoethylene glycol's use as a raw ingredient for polyester fibre and polyethylene terephthalate (PET) is expected to grow, boosting the monoethylene glycol market size.

Customers' modern fashion tendency for newly created attires is expected to promote polyester fibre demand, directly increasing the product industry size in the forecast time. The product is also used in a variety of industrial applications, including antifreeze, hydrate inhibitor in gas pipelines, and heat transfer agent, and is expected to generate a large number of prospects from various end-use industries.

Which are the Key Drivers of the Monoethylene Glycol Market?

“Growing need for polyester fibre to drive the demand for monoethylene glycol.”

Increasing socioeconomic conditions, emerging economies, increased infrastructure, and an expanding fleet of cars, among other factors, have fueled auto demand, boosting the monoethylene glycol industry. In addition to helping with heat transmission in cold weather, antifreeze and coolants are in high demand in heat exchangers and HVAC systems.

Antifreeze and coolants are also useful in industrial and electrical applications. Potable water systems, sewage systems, non-running engines, and air conditioners are among the most common industrial uses of antifreeze and coolants. As a result, rising application potential in the automotive and electronic industries are likely to boost the sales of monoethylene glycol.

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What are the Emerging Trends in the Monoethylene Glycol Market?

Monoethylene glycol (MEG) use is said to be strongly dependent on the economics of the country. While Asia's economies are cyclical, demand for monoethylene glycol (MEG) for applications such as polyester fibres and PET is expected to stay strong.

Furthermore, the packaging industry's growth is propelling the monoethylene glycol (MEG) market over the past few years. This, in combination with urbanisation, changing consumer lifestyles, and increased disposable money, has a substantial impact on the monoethylene glycol (MEG) market.

As per the monoethylene glycol market study, the fluctuation in raw material costs and the availability of crude oil and other feedstock is one of the notable barriers to the expansion of the monoethylene glycol (MEG) market. Concerns about the sustainability of monoethylene glycol (MEG) are driving some end users to seek out alternative alternatives that have better material performance than MEG.

Over the forecast period, however, increased acceptance of bio-based monoethylene glycol (MEG) is expected to generate opportunities in the monoethylene glycol market.

Despite being a big producer of MEG, China has the highest demand for it and imports it. It has recently made investments in coal-fired power stations. One of the technologies utilised in MEG manufacturing is the coal-based method, which is predicted to give growth potential in the country.

Owing to the rise in Chinese manufacturing, ethane-based monoethylene glycol exports from the Middle East are anticipated to suffer. Furthermore, the price of MEG is projected to be affected by the increase of large-scale production plants in China. Because the MEG produced by this method is not utilised in the polyester markets like that produced by other technologies, the operating rates for these plants are projected to remain unstable and low.

However, the low-cost production of monoethylene glycol have an impact on polyester manufacturing in the long run, making the polyester market more competitive. However, combining the production method with biomass platforms are projected to present a market opportunity for MEG.

This is expected to expand the Middle East and Africa's investment potential. As a result, coal-based production technology would lower monoethylene glycol prices in China.

How are Some Challenges Stifling Monoethylene Glycol Market Growth?

The constant fluctuation of raw material prices is a major challenge in the worldwide monoethylene glycol industry. Crude oil prices have an indirect impact on ethylene pricing. Raw material price fluctuation is a problem for the worldwide Monoethylene glycol market's growth, as it affects demand and delays end-user spending.

However, producers must continue to deal with high and volatile raw material costs, which they are expected to pass on to end-users. Cost pressures, combined with high raw material costs, are projected to lower market players' product margins. This situation has driven market participants to improve the efficiency and productivity of their operations in order to maintain market growth.

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Region-wise Outlook

What is the Regional Demand Analysis in the Asia Pacific Monoethylene Glycol Market?

From a regional standpoint, East Asia is known for having a large proportion of the global monoethylene glycol (MEG) market. While China dominates the regional monoethylene glycol (MEG) market, it is also a rapidly expanding market for PET films and polyester fibres.

South Asia, with its expanding economy, is one of the most lucrative markets for monoethylene glycol (MEG) producers worldwide. Monoethylene glycol (MEG) is a downstream petrochemical product produced mostly in the Middle East and Africa, with Saudi Arabia topping the list in terms of annual net exports.

Due to influencing factors such as energy, labour prices, freight, and raw material costs, APAC is predicted to have higher demand in the monoethylene glycol market than other regions. APAC, as a key producer of textiles, clothes, and apparel, is likely to drive the monoethylene glycol market forward throughout the forecast period.

What is the Regional Demand Analysis in the U.S. Monoethylene Glycol Market?

“Multiple end-use industries in the U.S. garnering significant growth to the market.”

Monoethylene glycol being utilised as a raw material in the production of fabric and polyester fibres alongside as a coolant, anti-freeze, dewatering agent, chemical intermediate, humecant, and anti-corrosion agent, is highly popular in the U.S.

Furthermore, monoethylene glycol has a wide range of uses, including tobacco production, food and beverage manufacturing, pharmaceuticals, cosmetics, which has been attracting the demand for monoethylene glycol market in the U.S. The U.S. monoethylene glycol market is anticipated to grow at a CAGR of 5.2% during the forecast period.

Category-wise Insights

What is the Segmentation Outlook for the Monoethylene Glycol Market?

Owing to being largely utilised in the production of strong and lightweight plastics, the polyethylene terephthalate (PET) sector accounted for a considerable portion of the market and is expected to increase at a significant rate in the future years.

PET is a type of polyester that is used to make containers for drinks, food, and a variety of cosmetics. Because of its versatility, it is utilised to make polyester clothes.

Due to increasing demand for bottles to hold beverages, the consumer goods category held a considerable proportion of the market and is expected to grow at a significant rate by 2026. PET resins, which are derived from monoethylene glycol, are used to make these bottles. Furthermore, the textile sector makes substantial use of polyester and PET fibres. This is projected to keep the category growing at a sustainable rate.

Which Segment is Likely to Lead the Monoethylene Glycol Market By Application?

Due to enhanced strength and impact resistance, rising demand for PET containers from various commercial and industrial end-use markets, including packaging, is likely to boost the monoethylene glycol market in the coming years. Polyester fabrics are widely used in apparels, home furnishings, yarns and ropes, and other industrial applications such as conveyor belts and insulating tapes, all of which are expected to drive demand for monoethylene glycol over the projected period.

Polyester resin and PET were the most popular application segments, accounting for more than half of global consumption. Because of the booming textile industries in China and India, polyester resin is predicted to be the fastest growing monoethylene glycol market over the forecast period.

Competitive Landscape

Nouryon, BASF SE, Dow, India Glycols Limited, LACC, Mitsubishi Chemical Corporation, Nan Ya Plastics Corporation, Reliance Industries Limited, Royal Dutch Shell PLC, SABIC, and Solventis are the key players in the market.

In the foreseeable period, rising consumption across end-use industries, combined with technological advances, is expected to drive the demand for monoethylene glycol. Anti-corrosion agents, anti-freeze, coolant materials, dewatering agents, and a variety of other chemical intermediates can all be made with this product.

The monoethylene glycol can also be used to make various hygroscopic materials that are employed in a variety of industries, including textiles, packaging, and automobiles. Furthermore, capacity expansion in China and the Middle East is expected to drive product and monoethylene glycol market expansion.

Together, Mitsubishi Chemicals and Reliance Industries control more than 40% of the global monoethylene glycol market.

Recent Developments in the Monoethylene Glycol Market :

ExxonMobil and SABIC announced in January 2022 that Gulf Coast Growth Ventures' world-class manufacturing facility in San Patricio County, Texas, had successfully launched. A mono-ethylene glycol unit with an annual capacity of 1.1 million metric tonnes is part of the new facility's activities.

SABIC announced the start-up of the Ethylene Glycol Plant – 3 at its manufacturing subsidiary, Jubail United Petrochemical Company (United), in November 2021, with an annual mono-ethylene glycol production capacity of 700,000 metric tonnes.

Key Segments

  • By Application :

    • Polyester Fiber
    • PET Bottle
    • PET Film
    • Antifreeze
    • Industrial
  • By End User :

    • Textile
    • Packaging
    • Plastic
    • Automotive and Transportation
    • Other End User Industries
  • By Region :

    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East and Africa

Table of Content

  • 1. Executive Summary
  • 2. Market Overview
  • 3. Market Risks and Trends Assessment
  • 4. Market Background and Foundation Data Points
  • 5. Key Success Factors
  • 6. Global Market Demand Analysis 2015 to 2021 and Forecast, 2022 to 2032
  • 7. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
  • 8. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Application
    • 8.1. Polyester Fiber
    • 8.2. PET Bottle
    • 8.3. PET Film
    • 8.4. Antifreeze
    • 8.5. Industrial
  • 9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By End-user Industry
    • 9.1. Textile
    • 9.2. Packaging
    • 9.3. Plastic
    • 9.4. Automotive and Transportation
    • 9.5. Other End-user Industries
  • 10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, By Region
    • 10.1. North America
    • 10.2. Latin America
    • 10.3. Europe
    • 10.4. Asia Pacific
    • 10.5. Middle East and Africa (MEA)
  • 11. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 12. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 13. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 14. Asia Pacific Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 15. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 16. Key Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
  • 17. Market Structure Analysis
  • 18. Competition Analysis
    • 18.1. Nouryon
    • 18.2. BASF SE
    • 18.3. Dow
    • 18.4. India Glycols Limited
    • 18.5. LACC
    • 18.6. LyondellBasell Industries Holdings BV
    • 18.7. Mitsubishi Chemical Corporation
    • 18.8. Nan Ya Plastics Corporation
    • 18.9. Reliance Industries Limited
    • 18.10. Royal Dutch Shell PLC
    • 18.11. SABIC
    • 18.12. Solventis
  • 19. Assumptions and Acronyms Used
  • 20. Research Methodology

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List Of Table

Table 01: Global Market Value (US$ Mn), By Application, 2015 to 2021

Table 02: Global Market Value (US$ Mn), By Application, 2022 to 2032

Table 03: Global Market Value (US$ Mn), By End-user Industry, 2015 to 2021

Table 04: Global Market Value (US$ Mn), By End-user Industry, 2022 to 2032

Table 05: Global Market, By Region, 2015 to 2021

Table 06: Global Market, By Region, 2022 to 2032

Table 07: North America Market Value (US$ Mn), By Application, 2015 to 2021

Table 08: North America Market Value (US$ Mn), By Application, 2022 to 2032

Table 09: North America Market Value (US$ Mn), By End-user Industry, 2015 to 2021

Table 10: North America Market Value (US$ Mn), By End-user Industry, 2022 to 2032

Table 11: North America Market, By Country, 2015 to 2021

Table 12: North America Market, By Country, 2022 to 2032

Table 13: Latin America Market Value (US$ Mn), By Application, 2015 to 2021

Table 14: Latin America Market Value (US$ Mn), By Application, 2022 to 2032

Table 15: Latin America Market Value (US$ Mn), By End-user Industry, 2015 to 2021

Table 16: Latin America Market Value (US$ Mn), By End-user Industry, 2022 to 2032

Table 17: Latin America Market, By Country, 2015 to 2021

Table 18: Latin America Market, By Country, 2022 to 2032

Table 19: Europe Market Value (US$ Mn), By Application, 2015 to 2021

Table 20: Europe Market Value (US$ Mn), By Application, 2022 to 2032

Table 21: Europe Market Value (US$ Mn), By End-user Industry, 2015 to 2021

Table 22: Europe Market Value (US$ Mn), By End-user Industry, 2022 to 2032

Table 23: Europe Market, By Country, 2015 to 2021

Table 24: Europe Market, By Country, 2022 to 2032

Table 25: Asia Pacific Market Value (US$ Mn), By Application, 2015 to 2021

Table 26: Asia Pacific Market Value (US$ Mn), By Application, 2022 to 2032

Table 27: Asia Pacific Market Value (US$ Mn), By End-user Industry, 2015 to 2021

Table 28: Asia Pacific Market Value (US$ Mn), By End-user Industry, 2022 to 2032

Table 29: Asia Pacific Market, By Country, 2015 to 2021

Table 30: Asia Pacific Market, By Country, 2022 to 2032

Table 31: MEA Market Value (US$ Mn), By Application, 2015 to 2021

Table 32: MEA Market Value (US$ Mn), By Application, 2022 to 2032

Table 33: MEA Market Value (US$ Mn), By End-user Industry, 2015 to 2021

Table 34: MEA Market Value (US$ Mn), By End-user Industry, 2022 to 2032

Table 35: MEA Market, By Country, 2015 to 2021

Table 36: MEA Market, By Country, 2022 to 2032

Table 37: Global Market Incremental $ Opportunity, By Application, 2015 to 2021

Table 38: Global Market Incremental $ Opportunity, By End-user Industry, 2022 to 2032

Table 39: Global Market Incremental $ Opportunity, By Region, 2022 to 2032

Table 40: North America Market Incremental $ Opportunity, By Application, 2015 to 2021

Table 41: North America Market Incremental $ Opportunity, By End-user Industry, 2022 to 2032

Table 42: North America Market Incremental $ Opportunity, By Country, 2022 to 2032

Table 43: Latin America Market Incremental $ Opportunity, By Application, 2015 to 2021

Table 44: Latin America Market Incremental $ Opportunity, By End-user Industry, 2022 to 2032

Table 45: Latin America Market Incremental $ Opportunity, By Country, 2022 to 2032

Table 46: Europe Market Incremental $ Opportunity, By Application, 2015 to 2021

Table 47: Europe Market Incremental $ Opportunity, By End-user Industry, 2022 to 2032

Table 48: Europe Market Incremental $ Opportunity, By Country, 2022 to 2032

Table 49: Asia Pacific Market Incremental $ Opportunity, By Application, 2015 to 2021

Table 50: Asia Pacific Market Incremental $ Opportunity, By End-user Industry, 2022 to 2032

Table 51: Asia Pacific Market Incremental $ Opportunity, By Country, 2022 to 2032

Table 52: MEA Market Incremental $ Opportunity, By Application, 2015 to 2021

Table 53: MEA Market Incremental $ Opportunity, By End-user Industry, 2022 to 2032

Table 54: MEA Market Incremental $ Opportunity, By Country, 2022 to 2032

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List Of Figures

Figure 01: Global Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 02: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Mn

Figure 03: Global Market Share, By Application, 2022 & 2032

Figure 04: Global Market Y-o-Y Growth Projections, By Application – 2022 to 2032

Figure 05: Global Market Attractiveness Index, By Application – 2022 to 2032

Figure 06: Global Market Share, By End-user Industry, 2022 & 2032

Figure 07: Global Market Y-o-Y Growth Projections, By End-user Industry – 2022 to 2032

Figure 08: Global Market Attractiveness Index, By End-user Industry – 2022 to 2032

Figure 09: Global Market Share, By Region, 2022 & 2032

Figure 10: Global Market Y-o-Y Growth Projections, By Region – 2022 to 2032

Figure 11: Global Market Attractiveness Index, By Region – 2022 to 2032

Figure 12: North America Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 13: North America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn

Figure 14: North America Market Share, By Application, 2022 & 2032

Figure 15: North America Market Y-o-Y Growth Projections, By Application – 2022 to 2032

Figure 16: North America Market Attractiveness Index, By Application – 2022 to 2032

Figure 17: North America Market Share, By End-user Industry, 2022 & 2032

Figure 18: North America Market Y-o-Y Growth Projections, By End-user Industry – 2022 to 2032

Figure 19: North America Market Attractiveness Index, By End-user Industry – 2022 to 2032

Figure 20: North America Market Share, By Country, 2022 & 2032

Figure 21: North America Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 22: North America Market Attractiveness Index, By Country – 2022 to 2032

Figure 23: Latin America Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 24: Latin America Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn

Figure 25: Latin America Market Share, By Application, 2022 & 2032

Figure 26: Latin America Market Y-o-Y Growth Projections, By Application – 2022 to 2032

Figure 27: Latin America Market Attractiveness Index, By Application – 2022 to 2032

Figure 28: Latin America Market Share, By End-user Industry, 2022 & 2032

Figure 29: Latin America Market Y-o-Y Growth Projections, By End-user Industry – 2022 to 2032

Figure 30: Latin America Market Attractiveness Index, By End-user Industry – 2022 to 2032

Figure 31: Latin America Market Share, By Country, 2022 & 2032

Figure 32: Latin America Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 33: Latin America Market Attractiveness Index, By Country – 2022 to 2032

Figure 34: Europe Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 35: Europe Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn

Figure 36: Europe Market Share, By Application, 2022 & 2032

Figure 37: Europe Market Y-o-Y Growth Projections, By Application – 2022 to 2032

Figure 38: Europe Market Attractiveness Index, By Application – 2022 to 2032

Figure 39: Europe Market Share, By End-user Industry, 2022 & 2032

Figure 40: Europe Market Y-o-Y Growth Projections, By End-user Industry – 2022 to 2032

Figure 41: Europe Market Attractiveness Index, By End-user Industry – 2022 to 2032

Figure 42: Europe Market Share, By Country, 2022 & 2032

Figure 43: Europe Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 44: Europe Market Attractiveness Index, By Country – 2022 to 2032

Figure 45: MEA Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 46: MEA Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn

Figure 47: MEA Market Share, By Application, 2022 & 2032

Figure 48: MEA Market Y-o-Y Growth Projections, By Application – 2022 to 2032

Figure 49: MEA Market Attractiveness Index, By Application – 2022 to 2032

Figure 50: MEA Market Share, By End-user Industry, 2022 & 2032

Figure 51: MEA Market Y-o-Y Growth Projections, By End-user Industry – 2022 to 2032

Figure 52: MEA Market Attractiveness Index, By End-user Industry – 2022 to 2032

Figure 53: MEA Market Share, By Country, 2022 & 2032

Figure 54: MEA Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 55: MEA Market Attractiveness Index, By Country – 2022 to 2032

Figure 56: Asia Pacific Market Value (US$ Mn) and Year-on-Year Growth, 2015 to 2032

Figure 57: Asia Pacific Market Absolute $ Opportunity Historical (2015 to 2021) and Forecast Period (2022 to 2032), US$ Mn

Figure 58: Asia Pacific Market Share, By Application, 2022 & 2032

Figure 59: Asia Pacific Market Y-o-Y Growth Projections, By Application – 2022 to 2032

Figure 60: Asia Pacific Market Attractiveness Index, By Application – 2022 to 2032

Figure 61: Asia Pacific Market Share, By End-user Industry, 2022 & 2032

Figure 62: Asia Pacific Market Y-o-Y Growth Projections, By End-user Industry – 2022 to 2032

Figure 63: Asia Pacific Market Attractiveness Index, By End-user Industry – 2022 to 2032

Figure 64: Asia Pacific Market Share, By Country, 2022 & 2032

Figure 65: Asia Pacific Market Y-o-Y Growth Projections, By Country – 2022 to 2032

Figure 66: Asia Pacific Market Attractiveness Index, By Country – 2022 to 2032

Figure 67: US Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 68: US Market Share, By Application, 2021

Figure 69: US Market Share, By End-user Industry, 2021

Figure 70: Canada Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 71: Canada Market Share, By Application, 2021

Figure 72: Canada Market Share, By End-user Industry, 2021

Figure 73: Brazil Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 74: Brazil Market Share, By Application, 2021

Figure 75: Brazil Market Share, By End-user Industry, 2021

Figure 76: Mexico Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 77: Mexico Market Share, By Application, 2021

Figure 78: Mexico Market Share, By End-user Industry, 2021

Figure 79: Germany Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 80: Germany Market Share, By Application, 2021

Figure 81: Germany Market Share, By End-user Industry, 2021

Figure 82: U.K. Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 83: U.K. Market Share, By Application, 2021

Figure 84: U.K. Market Share, By End-user Industry, 2021

Figure 85: France Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 86: France Market Share, By Application, 2021

Figure 87: France Market Share, By End-user Industry, 2021

Figure 88: Italy Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 89: Italy Market Share, By Application, 2021

Figure 90: Italy Market Share, By End-user Industry, 2021

Figure 91: BENELUX Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 92: BENELUX Market Share, By Application, 2021

Figure 93: BENELUX Market Share, By End-user Industry, 2021

Figure 94: Nordic Countries Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 95: Nordic Countries Market Share, By Application, 2021

Figure 96: Nordic Countries Market Share, By End-user Industry, 2021

Figure 97: China Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 98: China Market Share, By Application, 2021

Figure 99: China Market Share, By End-user Industry, 2021

Figure 100: Japan Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 101: Japan Market Share, By Application, 2021

Figure 102: Japan Market Share, By End-user Industry, 2021

Figure 103: South Korea Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 104: South Korea Market Share, By Application, 2021

Figure 105: South Korea Market Share, By End-user Industry, 2021

Figure 106: GCC Countries Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 107: GCC Countries Market Share, By Application, 2021

Figure 108: GCC Countries Market Share, By End-user Industry, 2021

Figure 109: South Africa Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 110: South Africa Market Share, By Application, 2021

Figure 111: South Africa Market Share, By End-user Industry, 2021

Figure 112: Turkey Market Value (US$ Mn) and Forecast, 2022 to 2032

Figure 113: Turkey Market Share, By Application, 2021

Figure 114: Turkey Market Share, By End-user Industry, 2021

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- FAQs -

How is the Growth Outlook for the Monoethylene Glycol Market?

The monoethylene glycol market is projected to rise at a CAGR of 5.4% during the projected period.

What was the Monoethylene Glycol Market Size In 2021?

The global monoethylene glycol market was valued at US$ 36.2 Billion in 2021.

What is the Adoption Potential of Incident and Emergency Management Systems By 2032?

The global monoethylene glycol market is likely to be worth nearly US$ 65 Billion by 2032.

Which Region Leads the Global Monoethylene Glycol Market Report?

North America is a leading region for monoethylene glycol market with a CAGR of 5.2%.

Which End User Segment is Anticipated to Dominate the Global Monoethylene Glycol Market By 2032?

With a CAGR of 4.9%, the textile segment dominates the monoethylene glycol market during the forecast period.

Monoethylene Glycol Market

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