Mono-ethylene Glycol Market Report 2021 – Global Growth, Trends, and Forecasts 2021-2026 Featuring Nouryon, BASF, Dow, LyondellBasell Industries, and Royal Dutch Shell – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Mono-ethylene Glycol Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.
The market for mono-ethylene glycol is expected to register a CAGR of less than 5% during the forecast period.
Major factors driving the market studied are the growing demand for PET in the packaging industry, and increased demand for MEG from the textile industry.
The Increased popularity of bio-based MEG materials is likely to act as an opportunity for the market studied.
Asia-Pacific dominated the market across the world.
Key Market Trends
PET Film to Dominate the Market
- Mono-ethylene glycol is used in the production of PET films. PET is a high-performance, crystal clear thermoplastic. As compared to other common plastic films, PET film has excellent dimensional stability, higher tensile strength, low moisture absorption, and good retention of physical properties over a wide range of temperatures.
- PET also has excellent electrical properties, superior UV resistance, high gloss, good optical clarity, and good gas barrier, but only moderate moisture barrier properties. This makes PET an ideal film for quality printing and lamination.
- It is also used as high-performance plastic films and sheets, as it has a relatively high melting point, which makes it suitable for applications that require sterilization at high temperatures.
- Moreover, PET can be metalized, which offers improved gas barrier properties for demanding applications, as it helps in providing long product shelf life. PET film is, thus, well-suited for a broad range of industrial, electronic, and automotive applications.
- Therefore, the demand for the market studied for PET films application is expected to grow in coming years, which in turn is expected to boost the demand for MEG.
Competitive Landscape
The mono-ethylene glycol market is Partially fragmented in nature. Major Other players include Nouryon, BASF SE, Dow, LyondellBasell Industries Holdings B.V., and Royal Dutch Shell PLC among others.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Drivers
4.1.1 Growing Demand for PET in the Packaging Industry
4.1.2 Increased Demand of MEG from the Textile Industry
4.2 Restraints
4.3 Industry Value-Chain Analysis
4.4 Porter’s Five Forces Analysis
4.5 Trade Analysis
4.6 Price Trends
4.7 Technological Snapshot
4.8 Regulatory Policy Analysis
5 MARKET SEGMENTATION
5.1 Production Process
5.1.1 Gas-based
5.1.2 Naphtha-based
5.1.3 Coal-based
5.1.4 Methane-to-Olefins (MTO)
5.1.5 Bio-based
5.2 Application
5.2.1 Polyester Fiber
5.2.2 PET Bottle
5.2.3 PET Film
5.2.4 Antifreeze
5.2.5 Industrial
5.3 End-user Industry
5.3.1 Textile
5.3.2 Packaging
5.3.3 Plastic
5.3.4 Automotive
5.3.5 Other End-user Industries
5.4 Geography
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Market Share/Ranking Analysis**
6.3 Strategies Adopted by Leading Players
6.4 Company Profiles
6.4.1 Nouryon
6.4.2 BASF SE
6.4.3 Dow
6.4.4 LACC
6.4.5 LyondellBasell Industries Holdings BV
6.4.6 Mitsubishi Chemical Corporation
6.4.7 Nan Ya Plastics Corporation
6.4.8 Reliance Industries Limited
6.4.9 Royal Dutch Shell PLC
6.4.10 SABIC
6.4.11 Solventis
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
7.1 Increased Popularity of Bio-based MEG Materials
For more information about this report visit https://www.researchandmarkets.com/r/k8i7qp
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