A report on the Monoethylene Glycol Market has been recently published by Stratview Research. This Market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the Monoethylene Glycol Market. The historic years considered for the study are 2015-2020 the base year is 2021, and the forecast period is 2021-2026.
The study includes an in-depth analysis of type, application, and regional segments. It also includes a Market channel, distribution, and customer analysis, industry cost analysis, Market analysis by application, production, revenue, and price trend analysis by type, production and consumption analysis by region, and various other Market studies.
Market Analysis
The Monoethylene Glycol Market is likely to witness a CAGR of 6.5% during the forecast period. Some of the major factors contributing to the growth of the market over the forecast period are growing production of polyethylene terephthalate, rise in various industrial sectors, and increase in the demand for polyester fiber in the Asia-Pacific region.
The Market is segmented by Grade Type (Polyester Grade, Industrial Grade, Antifreeze Grade, and Low Conductivity Grade), by Application Type (Polyester Fiber, PET, Antifreeze & Coolants, Chemical Intermediates, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
This report also focuses on the short- and long-term implications of the novel Coronavirus pandemic on Monoethylene Glycol Market at the global, and regional dimensions. To evaluate the percentage of loss or profit to the industry, the report also compares pre-COVID and post-COVID scenarios.
Report Features
The report delivers a detailed view of the industry based on Monoethylene Glycol Market size, Market growth, and opportunities. The report also analyses Market key aspects such as-
– Market structure: Overview, industry life cycle analysis, supply chain analysis
– Covid-19 Impact analysis.
– Market environment analysis: Growth drivers and constraints, and SWOT analysis.
– Market trend and forecast analysis.
– Market segment trend and forecast.
– Competitive landscape and dynamics: Market share, product launches, etc.
– Attractive Market segments and associated growth opportunities.
– Emerging trends.
– Strategic growth opportunities for the existing and new players.
The research provides in-depth analysis of the important elements that drive Market growth, including growth potential, opportunities, current Market trends, industry-specific obstacles, and dangers.
Key Segments Monoethylene Glycol Market Report Covers:
Based on the grade type, the market is segmented as polyester grade, industrial grade, antifreeze grade, and low conductivity grade. Polyester grade is estimated to be the dominating segment of the market over the forecast period. It has wide range of applications owing to some of its lucrative characteristics, such as moisture absorbing feature and low-volatility.
Based on the application type, the market is segmented as polyester fiber, PET, antifreeze & coolants, chemical intermediates, and others. Polyester fiber is estimated to account for the major share of the market on account of its utilization in myriad end-use industries such as resins, electronics, and textiles. On the other hand, PET is estimated to register high growth rate in the market due to high consumption of products in the packaging industry.
In terms of regions, Asia-Pacific is estimated to be the fastest-growing region in the market during the forecast period on account of rising per capita income, growing textile sector, and presence of some of the major manufacturers in the regional market. North America and Europe are also estimated to offer substantial growth opportunities over the forecast period.
According to the report, brands or companies that are leading globally in this Market are –
- BASF SE
- Lotte Chemical Corporation
- LyondellBasell Industries N.V.
- Mitsubishi Chemical Corporation
- Nan Ya Plastics Corporation
- Reliance Industries Limited
- Royal Dutch Shell Plc
- Saudi Basic Industries Corporation
- Sinopec Zhenhai Refining & Chemical Company
- The Dow Chemical Company.
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