The report also deep dives into the sub-segments of Monoethylene Glycol Market by grades (polyester grade, industrial grade, antifreeze grade and low conductivity grade), applications (polyester resin, polyester fibers, antifreeze & coolants, chemical intermediates, heat transfer fluids) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

Pune, India -- (SBWire) -- 09/04/2018 --The Report in light of Global Monoethylene Glycol Market is the latest extension to the database of Infinium Global Research.  This exploration investigates in light of uses, advancement, geology, and sorts. The Report gives a clear Global Monoethylene Glycol Market audit nearby the examination of industry's gross edge, cost structure, usage esteem, and deal cost. The principle partnership of the Monoethylene Glycol Market, makers, and dealers are profiled in the report close by the latest Industry change present and future examples. The report also deep dives into the sub-segments of Monoethylene Glycol Market by grades (polyester grade, industrial grade, antifreeze grade and low conductivity grade), applications (polyester resin, polyester fibers, antifreeze & coolants, chemical intermediates, heat transfer fluids) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the Monoethylene Glycol Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Monoethylene Glycol Market are Sabic, The Dow Chemical Company, Royal Dutch Shell Plc, Reliance Industries Limited, Nan YA Plastics (Huizhou), Zhenhai Refining & Chemicals, BASF SE, Exxonmobil Corportion, Formosa Plastic Group, Akzonobel, Lyondellbasell, Meglobal and Honam Petrochemical Corporation.

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The global monoethylene glycol market was sized over USD 25 billion in 2015. The global monoethylene glycol market is projected to grow with a CAGR between 6.0% and 6.5% during 2017-2023. Increasing demand of mono ethylene glycol in end use industries such as consumer goods, construction, automotive, pharmaceutical, textiles and chemical remains the key factor driving the growth of global mono ethylene glycol market. In addition, increasing use of mono ethylene glycol in polyester fiber and polyethylene terephthalate is likely to drive the growth of market. Furthermore, rapid urbanization and changing lifestyle of consumers especially in emerging economies such as China, India, Mexico and Brazil has been driving the polyethylene terephthalate, one of the key materials used in packaging sector which in turn is projected to boost the global mono ethylene glycol market over the forecast period. Moreover, fluctuation in prices of raw materials and sustainability issues related to mono ethylene glycol are the key factors restraining the growth of this market. Increasing popularity of bio based MEG and increasing R&D of ecofriendly alternatives that can help in removing the toxic nature of mono ethylene glycol are likely to bring more opportunities to this market.   

Major Key Players mentioned in this Premium Report

The companies covered in the report include Sabic, The Dow Chemical Company, Royal Dutch Shell Plc, Reliance Industries Limited, Nan YA Plastics (Huizhou), Zhenhai Refining & Chemicals, BASF SE, Exxonmobil Corportion, Formosa Plastic Group, Akzonobel, Lyondellbasell, Meglobal and Honam Petrochemical Corporation.

Browse Detailed TOC, Description and Company Mentioned in this Premium Report@ https://www.infiniumglobalresearch.com/chemical-material/global-monoethylene-glycol-market

Report highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of monoethylene glycol globally as well as regionally. Moreover, IGR-growth matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as porter's five forces analysis and value chain analysis of monoethylene glycol.

Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends in the monoethylene glycol market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market strategies of the leading players. This report will help manufacturers, suppliers and distributors of the monoethylene glycol market to understand the present and future trends in this market and formulate their strategies accordingly.