By 2025, Monoethylene Glycol (MEG) Market Revenue to Reach USD 29890 Million

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Worldwide Monoethylene Glycol (MEG) market size is projected to expand at 3.1 % CAGR over the analysis timeframe from 2019 to 2025, taking the industry valuation of 26490 Million USD in 2019 to 29890 Million USD by the year 2025.

Monoethylene Glycol (MEG) Market

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The business intelligence report on Monoethylene Glycol (MEG) market, with special importance to the production-consumption ratio, provides a holistic understanding of the industry size forecast, key trends, growth drivers, and challenges, as well as vendor analysis. It presents a detailed picture of the market by individual assessing the industry segments, including product type, application scope, and geographical fragmentation. Apart from this, the research entails an up-to-date analysis of this business sphere, highlighting the impact of Covid-19 pandemic and strategies that must be undertaken by businesses to ensure an upward growth trajectory in the forthcoming years.

Monoethylene Glycol (MEG) Market Report Coverage
Report Covrage Details
Base Year: 2019
Market Size in 2019: 26490 Million (USD)
Forecast Year: 2025
Forecast Value: 29890 Million (USD)
CAGR: 3.1%
By Application: Polyester Fibre, Polyester Resins, Antifreeze and Coolants, Chemical Intermediates, Others
By Product: Fiber Grade, Industrial Grade, Antifreeze Grade
By Key Players: SABIC, SPDC, Shell, Sinopec, DowDuPont, Formosa Plastics Group (FPG), Reliance Industries, Lotte Chemical, EQUATE, CNPC, NIOC, IndianOil, OUCC, Sibur, Farsa Chimie, BASF, INEOS, Indorama Ventures, PTT Global Chemical, LyondellBasell, PJSC Kazanorgsintez, Maruzen Petrochemical, Huntsman, Nippon Shokubai, SHAZAND Company

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The latest Monoethylene Glycol (MEG) market report aims to unearth the best opportunities and foster efficient information for businesses to thrive in this vertical during the forecast period 2019-2025. Moreover, it endeavors to provide appropriate solutions to complex challenges and initiates an effortless decision-making process.

As per expert analysts, the industry is anticipated to accrue substantial returns, exhibiting 3.1% CAGR over the stipulated timeframe.

Proceeding further, the research literature encompasses wide-ranging and comprehensive insights on the various sub-markets. It then proceeds to delineate the competitive landscape with respect to the leading players, emerging contenders, and new entrants in the industry. Apart from this, in view of the disruptions caused by the Covid-19 pandemic, the study makes inclusion of various plans to effectively navigate these uncertain times.

Key highlights from the Monoethylene Glycol (MEG) market report:

  • Impact of Covid-19 on market remuneration scope
  • Records of the sales volume and revenue
  • Prevalent and upcoming industry trends
  • Positives and negatives of direct and indirect sales channels
  • A citation of the top distributors, traders, and dealers

Monoethylene Glycol (MEG) market segments covered in the report:

  • Country-wise analysis of each regional market
  • Total sales, returns, and market share held by each region
  • Projections for the growth rate and revenue of each region over the forecast duration

Product types: Fiber Grade, Industrial Grade, Antifreeze Grade

  • Pricing of each product type
  • Estimated market share of each product segment based on the sales and revenue garnered

Application spectrum: Polyester Fibre, Polyester Resins, Antifreeze and Coolants, Chemical Intermediates, Others

  • Product pricing based on their application reach
  • Sales and revenue of each application segment over during the assessment period

Competitive dashboard: SABIC, SPDC, Shell, Sinopec, DowDuPont, Formosa Plastics Group (FPG), Reliance Industries, Lotte Chemical, EQUATE, CNPC, NIOC, IndianOil, OUCC, Sibur, Farsa Chimie, BASF, INEOS, Indorama Ventures, PTT Global Chemical, LyondellBasell, PJSC Kazanorgsintez, Maruzen Petrochemical, Huntsman, Nippon Shokubai, SHAZAND Company

  • Basic details of each company.
  • Product and service catalogue of the listed companies
  • Tallies of pricing model, sales, gross margins and industry share of each contender
  • SWOT analysis of the mentioned firms
  • Conclusive data on the commercialization rate, market concentration ratio, marketing strategies, and other business centric aspects

Frequently Asked Questions (FAQ) :

Monoethylene Glycol (MEG) market is likely to surpass a mammoth of 29890 Million USD by the end of 2025.
As per estimates, Monoethylene Glycol (MEG) industry would account a CAGR of 3.1 % through 2025.
The overall Monoethylene Glycol (MEG) market acquired a revenue share of 26490 Million USD in 2019.

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