From Fibers to Coolants: Exploring Growth Avenues in the Monoethylene Glycol Market

Monoethylene Glycol (MEG) Market size was valued at USD 40.81 Bn. in 2024, and the total Monoethylene Glycol (MEG) Market revenue is expected to grow by 7.27% from 2025 to 2032, reaching nearly USD 71.55 Bn.

Monoethylene Glycol Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Monoethylene Glycol Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Monoethylene Glycol Market.

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Monoethylene Glycol Market Scope and Methodology:

The Monoethylene Glycol Market requires a mix of both qualitative and quantitative research methods. Monoethylene Glycol Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.

The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Monoethylene Glycol market. The bottom-up approach was used to determine the global and regional Monoethylene Glycol market sizes.

Monoethylene Glycol Market Regional Insights:

The Monoethylene Glycol Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.

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Monoethylene Glycol Market Segmentation:

by process

Oxidation of Ethylene
Bio-Based Monoethylene Glycol Production

by Application

Polyester Fiber
PET Bottle
PET Film
Antifreeze & Coolant
Others

by End User Industry

Textile
Packaging
Plastic
Automotive and Transportation
Other End-user Industries

Monoethylene Glycol Market Key Players:

North America
1. Dow Chemical (Midland, Michigan, USA)
2. ExxonMobil (Spring, Texas, USA)
3. LyondellBasell (Houston, Texas, USA)
4. Shell (The Hague, Netherlands)

Europe
5. BASF (Ludwigshafen, Germany)
6. SABIC (Riyadh, Saudi Arabia)
7. SIBUR (Moscow, Russia)
8. AkzoNobel (Amsterdam, Netherlands)

Asia-Pacific
9. Sinopec (Beijing, China)
10. Reliance Industries (Mumbai, India)
11. Formosa Plastics (Taipei, Taiwan)
12. PTTGC (Bangkok, Thailand)
13. Mitsubishi Chemical (Tokyo, Japan)
14. Lotte Chemical (Seoul, South Korea)

Middle East
15. SABIC (Riyadh, Saudi Arabia)
16. MEGlobal (Dubai, UAE)

India
17. India Glycols (Dehradun, India)
18. Chemtex Speciality (Mumbai, India)

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Key questions answered in the Monoethylene Glycol Market are:

• What is Monoethylene Glycol?
• What is the growth rate of the Monoethylene Glycol Market?
• Which are the factors expected to drive the Monoethylene Glycol Market growth?
• What are the upcoming opportunities and trends for the Monoethylene Glycol Market?
• Who are the leading companies and what are their portfolios in Monoethylene Glycol Market? 
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Monoethylene Glycol Market?
• Who are the key players in the Monoethylene Glycol Market?
• What are the different segments of the Monoethylene Glycol Market?
• Which is the fastest growing region in the Monoethylene Glycol Market?
• What growth strategies are the players considering to increase their presence in Monoethylene Glycol?
• What is the CAGR at which the Monoethylene Glycol Market will grow during the forecast period?
• What segments are covered in the Monoethylene Glycol Market?

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Key Offerings:

• Past Market Size and Competitive Landscape 
• Past Pricing and price curve by region
• Market Size, Share, Size & Forecast by different segment 
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis 
• PORTER’s analysis 
• Value chain and supply chain analysis 
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis 
• Recommendations 

About Maximize Market Research:

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