Mono Ethylene Glycol (MEG) Market Size, Share, Industry Analysis Trends, 2030

Mono Ethylene Glycol (MEG) Market Analysis: Plant Capacity,

Production, Operating Efficiency, Technology, Demand & Supply,

Application, Distribution Channel, Regional Demand, 2015-2030

Mono Ethylene Glycol Market has witnessed a demand of 27.64 million tons in 2020 and the market

is anticipated to grow at a significant rate with a healthy CAGR of 4.60% through the forecast period

2030.

[Online Quarterly Update] The Mono Ethylene Glycol market witnessed a demand of 27.64 million tons

in 2020 and is anticipated to grow at a healthy CAGR of 4.60% through the forecast period, 2030. MEG

is a slightly viscous, colorless, odorless organic compound with a sweet taste. It is also known as 1,2-

ethanediol and is soluble with most of the organic compounds, alcohols and water. It is mainly

produced by Ethylene via Ethylene Oxide hydrolysis along with the release of two co-products,

Diethylene Glycol (DEG) and Triethylene Glycol (TEG). The feedstocks used for the production of MEG

are natural gas, coal, naphtha and bioethanol; hence its market is segmented into 4 types on the basis

of the aforementioned sources from which it is derived. Among these, natural gas holds the major share

for MEG production followed by Naphtha and Coal. Though due to rising environmental concerns to

reduce the carbon footprint, the majority of the manufacturers are now focusing to shift toward the

production of biobased Mono Ethylene Glycol instead of petrochemical-based MEG.

Read Full Report Here: https://www.chemanalyst.com/industry-report/mono-ethylene-

glycol-meg-market-646

Mono Ethylene Glycol (MEG) is a versatile industrial chemical with high demand owing to its properties

such as high durability, hydrophobic nature, and extreme tenacity. It is keenly used as a key ingredient

or as a feedstock for manufacturing a variety of products such as Polyester Fibres, Polyester Films,

Polyethylene Terephthalate (PET), antifreeze products, Coolants, solvents, etc. Additionally, it is

employed in paper, printing inks, leather, fibres treatment and cellophane industries due to its

https://www.chemanalyst.com/industry-report/mono-ethylene-glycol-meg-market-646



humectant nature. Based on its applications, MEG market is segmented into two grades i.e. Polyester

and Non-Polyester Grades. Owing to all these applications, the major end use industries of MEG are

Textile, Packaging, Cosmetics, Pharmaceuticals, Food and Beverage, Automobile, Chemicals,

Adhesives & Sealants, and Others. Most of the MEG produced globally is utilized in the production of

Polyester Fibers followed by Polyethylene Terephthalate (PET) and Polyester films. The major restraint

in the market for Mono Ethylene Glycol is the fluctuation in the prices of Petrochemicals as majority of

the MEG is produced by Petrochemicals as its feedstock.

In the first half of 2020, due to the spread of COVID-19 across the globe, major economies had imposed

nationwide lockdowns, which impacted most of the industries as industries and refineries went non-

operational following government’s regulations. There was a decline in the demand of Mono Ethylene

Glycol (MEG) due to the dip in the production and demand of various derivatives and end products.

There was a slump in sectors such as Textile, Food and Beverages, Chemicals, Automobile which

consequently hit the market for MEG amid COVID-19 crisis.However, an improvement is witnessed by

the end of 2020 as industries start operating their manufacturing units at maximum efficiencies and

establishing new units following increasing demand for MEG, globally.

Years Considered for this Report:

Historical Years: 2015 – 2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022 – 2030

Objective of the Study:

• The primary objective of the study was to evaluate and forecast the Mono Ethylene Glycol

capacity, production, demand, inventory, and demand–supply gap globally.

• To categorize Mono Ethylene Glycol demand based on Application, Type, region, and

distribution channel

• To identify major customers of Mono Ethylene Glycol globally.

• To evaluate and forecast Mono Ethylene Glycol pricing globally.

• To identify and profile major companies operating globally Mono Ethylene Glycol market.

• To identify major news, deals and expansion plans globally Mono Ethylene Glycol market.

Regional Outlook:

Region wise, Asia Pacific accounted for the major share of the Mono Ethylene Glycol market, globally.

Rapid industrialization, growing population as well as China being the leading manufacturer of various

derivatives of MEG are the key factors that are going to fuel the growth of Mono Ethylene Glycol Market

in the forecast period. Additionally, flourishing industries like Packaging, Pharmaceuticals and Food

and Beverage in the region are also positively influencing the growth of the Mono Ethylene Glycol

market. Moreover, countries like China and India are the leading textile manufacturer, globally.

Therefore, application of MEG in fiber is also likely to boost its demand in Asia Pacific over the forecast

period. In terms of regional analysis, North America is anticipated to grow at a promising rate in the

forecast period due to the presence of petrochemicals (raw material) in abundance such as natural

gas.

Key Players:

➢ SABIC

➢ ExxonMobil Corporation

➢ Mitsubishi Chemical

➢ Formosa

➢ Chemtex Speciality Limited

➢ The Dow Chemicals

➢ LyondellBasell Industries

➢ Royal Dutch Shell

➢ AkzoNobel

➢ MEGlobal

➢ Reliance Industries

➢ Lotte Chemical Corporation

➢ Nan Ya Plastics Corporation

➢ China Petroleum and Chemical Corporation

➢ India Glycols and Sinopec Zhenhai Refining & Chemical Co.\

To extract data for Global Mono Ethylene Glycol market, primary research surveys were conducted with

Mono Ethylene Glycol manufacturers, suppliers, distributors, wholesalers and end users. While

interviewing, the respondents were also inquired about their competitors. Through this technique,

Chemanol’s was able to include manufacturers that could not be identified due to the limitations of

secondary research. Moreover, chemicals analyzed various end user segments and projected a positive

outlook for Global Mono Ethylene Glycol market over the coming years.

ChemAnalyst calculated Mono Ethylene Glycol demand globally by analyzing the historical data and

demand forecast which was carried out considering the Application industries growth. ChemAnalyst

sourced these values from industry experts and company representatives and externally validated

through analyzing historical sales data of respective manufacturers to arrive at the overall market size.

Various secondary sources such as company websites, association reports, annual reports, etc., were

also studied by ChemAnalyst.

Key Target Audience

• Mono Ethylene Glycol manufacturers and other stakeholders

• Organizations, forums and alliances related to Mono Ethylene Glycol distribution

• Government bodies such as regulating authorities and policy makers

• Market research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for industry

stakeholders, such as Mono Ethylene Glycol manufacturers, distributors and policymakers. The report

also provides useful insights about which market segments should be targeted over the coming years

to strategize investments and capitalize on growth opportunities.

Report Scope:

In this report, the Global Mono Ethylene Glycol market has been segmented into following categories,

in addition to the industry trends which have also been detailed below:

Attribute Details

Market size Volume in

2020 27.64 million Tons

Growth Rate CAGR of 4.60% from 2021 to 2030

Base year for estimation 2020

Historic Data 2015 – 2019

Forecast period 2021 – 2030

Quantitative units Revenue in USD million/billion and CAGR from 2021 to 2030

Report coverage Revenue forecast, demand & supply, competitive analysis, competitive landscape, growth

factors, and trends

Segments covered • Type (Natural Gas, Coal, Naphtha & Bioethanol)

• Application (Polyester Fiber, PET, Polyester Film, Antifreeze agent or Deicer,

Coolants and Others)

• Distribution Channel (Direct/Institutional Sales, Other Channel Sales)

• Region

Regional scope North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope United States; Mexico; Canada; China; India; Japan; South Korea; Taiwan; Singapore;

Germany; Belgium; France; United Kingdom; Spain; Italy; Sweden; Austria; Saudi Arabia;

Iran; South Africa; Brazil; Argentina

Key companies profiled SABIC, ExxonMobil Corporation, Mitsubishi Chemical, Formosa, Chemtex Speciality

Limited, The Dow Chemicals, LyondellBasell Industries, Royal Dutch Shell, AkzoNobel,

MEGlobal, Reliance Industries, Lotte Chemical Corporation, Nan Ya Plastics Corporation,

China Petroleum and Chemical Corporation, India Glycols and Sinopec Zhenhai Refining &

Chemical Co.

Customization scope Free report customization with purchase. Addition or alteration to country, regional &

segment scope.

Pricing and purchase

options Avail customized purchase options to meet your exact research needs. Explore purchase

options

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TABLE OF CONTENTS

1. Global Mono Ethylene Glycol Market Outlook, 2015-2030

1.1. Capacity, By Volume

1.1.1. By Company

1.2. Production, By Volume

1.2.1. By Company

1.3. Operating Efficiency

1.3.1. By Company

2. Global Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

2.1. By Type

2.2. By Application

2.3. By Region

2.4. By Company

2.5. By Sales channel

3. North America Mono Ethylene Glycol Market Outlook, 2015-2030


3.1.1. By Country

3.2. Production

3.2.1. By Country


3.3.1. By Country

4. North America Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

4.1. By Type

4.2. By Application

4.3. By Country

4.4. United States Mono Ethylene Glycol Market Outlook, 2015-2030

4.4.1. Capacity, By Volume

4.4.1.1. By Company

4.4.1.2. By Location

4.4.2. Production

4.4.2.1. By Company

4.4.3. Operating Efficiency

4.4.3.1. By Company

4.4.4. United States Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

4.4.4.1. Demand

4.4.4.2. Supply

4.4.4.3. Gap

4.4.5. United States Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

4.4.5.1. By Type

4.4.5.2. By Application

4.4.5.3. By Company Share (At least top 3 companies’ market share)

4.4.5.4. By Region

4.4.5.5. By Sales Channel

4.5. Mexico Mono Ethylene Glycol Market Outlook, 2015-2030


4.5.1.1. By Company


4.5.2. Production

4.5.2.1. By Company


4.5.3.1. By Company

4.5.4. Mexico Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

4.5.4.1. Demand

4.5.4.2. Supply

4.5.4.3. Gap

4.5.5. Mexico Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

4.5.5.1. By Type



4.5.5.4. By Region


4.6. Canada Mono Ethylene Glycol Market Outlook, 2015-2030


4.6.1.1. By Company


4.6.2. Production

4.6.2.1. By Company


4.6.3.1. By Company

4.6.4. Canada Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

4.6.4.1. Demand

4.6.4.2. Supply

4.6.4.3. Gap

4.6.5. Canada Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

4.6.5.1. By Type



4.6.5.4. By Region


5. Asia Pacific Mono Ethylene Glycol Market Outlook, 2015-2030


5.1.1. By Country

5.2. Production

5.2.1. By Country


5.3.1. By Country

6. Asia Pacific Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

6.1. By Type

6.2. By Application

6.3. By Country

6.4. China Mono Ethylene Glycol Market Outlook, 2015-2030


6.4.1.1. By Company


6.4.2. Production

6.4.2.1. By Company


6.4.3.1. By Company

6.4.4. China Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

6.4.4.1. Demand

6.4.4.2. Supply

6.4.4.3. Gap

6.4.5. China Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

6.4.5.1. By Type



6.4.5.4. By Region


6.5. India Mono Ethylene Glycol Market Outlook, 2015-2030


6.5.1.1. By Company


6.5.2. Production

6.5.2.1. By Company


6.5.3.1. By Company

6.5.4. India Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

6.5.4.1. Demand

6.5.4.2. Supply

6.5.4.3. Gap

6.5.5. India Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

6.5.5.1. By Type



6.5.5.4. By Region


6.6. Japan Mono Ethylene Glycol Market Outlook, 2015-2030


6.6.1.1. By Company


6.6.2. Production

6.6.2.1. By Company


6.6.3.1. By Company

6.6.4. Japan Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

6.6.4.1. Demand

6.6.4.2. Supply

6.6.4.3. Gap

6.6.5. Japan Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

6.6.5.1. By Type



6.6.5.4. By Region


6.7. South Korea Mono Ethylene Glycol Market Outlook, 2015-2030


6.7.1.1. By Company


6.7.2. Production

6.7.2.1. By Company


6.7.3.1. By Company

6.7.4. South Korea Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

6.7.4.1. Demand

6.7.4.2. Supply

6.7.4.3. Gap

6.7.5. South Korea Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

6.7.5.1. By Type



6.7.5.4. By Region


6.8. Taiwan Mono Ethylene Glycol Market Outlook, 2015-2030


6.8.1.1. By Company


6.8.2. Production

6.8.2.1. By Company


6.8.3.1. By Company

6.8.4. Taiwan Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

6.8.4.1. Demand

6.8.4.2. Supply

6.8.4.3. Gap

6.8.5. Taiwan Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

6.8.5.1. By Type


6.8.5.3. By Region



6.9. Singapore Mono Ethylene Glycol Market Outlook, 2015-2030


6.9.1.1. By Company


6.9.2. Production

6.9.2.1. By Company


6.9.3.1. By Company

6.9.4. Singapore Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

6.9.4.1. Demand

6.9.4.2. Supply

6.9.4.3. Gap

6.9.5. Singapore Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

6.9.5.1. By Type


6.9.5.3. By Region



7. Europe Mono Ethylene Glycol Market Outlook, 2015-2030


7.1.1. By Country

7.2. Production

7.2.1. By Country


7.3.1. By Country

8. Europe Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

8.1. By Type

8.2. By Application

8.3. By Sales Channel (Direct/Institutional Sales, Retail Sales, Other Channel Sales)

8.4. By Country

8.5. Germany Mono Ethylene Glycol Market Outlook, 2015-2030


8.5.1.1. By Company


8.5.2. Production

8.5.2.1. By Company


8.5.3.1. By Company

8.5.4. Germany Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

8.5.4.1. Demand

8.5.4.2. Supply

8.5.4.3. Gap

8.5.5. Germany Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

8.5.5.1. By Type



8.5.5.4. By Region


8.5.6. Belgium Mono Ethylene Glycol Market Outlook, 2015-2030

8.5.6.1. Capacity, By Volume

8.5.6.1.1. By Company

8.5.6.1.2. By Location

8.5.6.2. Production


8.5.6.3. Operating Efficiency


8.5.7. Belgium Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

8.5.7.1. Demand

8.5.7.2. Supply

8.5.7.3. Gap

8.5.8. Belgium Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

8.5.8.1. By Type




8.5.8.5. By Region

8.6. France Mono Ethylene Glycol Market Outlook, 2015-2030


8.6.1.1. By Company


8.6.2. Production

8.6.2.1. By Company


8.6.3.1. By Company

8.6.4. France Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

8.6.4.1. Demand

8.6.4.2. Supply

8.6.4.3. Gap

8.6.5. France Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

8.6.5.1. By Type




8.6.5.5. By Region

8.7. United Kingdom Mono Ethylene Glycol Market Outlook, 2015-2030


8.7.1.1. By Company


8.7.2. Production

8.7.2.1. By Company


8.7.3.1. By Company

8.7.4. United Kingdom Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

8.7.4.1. Demand

8.7.4.2. Supply

8.7.4.3. Gap

8.7.5. United Kingdom Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

8.7.5.1. By Type




8.7.5.5. By Region

8.8. Spain Mono Ethylene Glycol Market Outlook, 2015-2030


8.8.1.1. By Company


8.8.2. Production

8.8.2.1. By Company


8.8.3.1. By Company

8.8.4. Spain Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

8.8.4.1. Demand

8.8.4.2. Supply

8.8.4.3. Gap

8.8.5. Spain Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

8.8.5.1. By Type




8.8.5.5. By Region

8.9. Italy Mono Ethylene Glycol Market Outlook, 2015-2030


8.9.1.1. By Company


8.9.2. Production

8.9.2.1. By Company


8.9.3.1. By Company

8.9.4. Italy Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

8.9.4.1. Demand

8.9.4.2. Supply

8.9.4.3. Gap

8.9.5. Italy Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

8.9.5.1. By Type




8.9.5.5. By Region

8.10. Sweden Mono Ethylene Glycol Market Outlook, 2015-2030


8.10.1.1. By Company


8.10.2. Production




8.10.4. Sweden Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

8.10.4.1. Demand

8.10.4.2. Supply

8.10.4.3. Gap

8.10.5. Sweden Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

8.10.5.1. By Type




8.10.5.5. By Region

8.11. Austria Mono Ethylene Glycol Market Outlook, 2015-2030




8.11.2. Production




8.11.4. Austria Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

8.11.4.1. Demand

8.11.4.2. Supply

8.11.4.3. Gap

8.11.5. Austria Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

8.11.5.1. By Type




8.11.5.5. By Region

9. MEA Mono Ethylene Glycol Market Outlook, 2015-2030


9.1.1. By Country

9.2. Production

9.2.1. By Country


9.3.1. By Country

10. MEA Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

10.1. By Type

10.2. By Application

10.3. By Sales Channel

10.4. By Country

10.5. Saudi Arabia Mono Ethylene Glycol Market Outlook, 2015-2030




10.5.2. Production




10.5.4. Saudi Arabia Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

10.5.4.1. Demand

10.5.4.2. Supply

10.5.4.3. Gap

10.5.5. Saudi Arabia Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

10.5.5.1. By Type




10.5.5.5. By Region

10.6. Iran Mono Ethylene Glycol Market Outlook, 2015-2030




10.6.2. Production




10.6.4. Iran Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

10.6.4.1. Demand

10.6.4.2. Supply

10.6.4.3. Gap

10.6.5. Iran Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

10.6.5.1. By Type




10.6.5.5. By Region.

10.7. South Africa Mono Ethylene Glycol Market Outlook, 2015-2030




10.7.2. Production




10.7.4. South Africa Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

10.7.4.1. Demand

10.7.4.2. Supply

10.7.4.3. Gap

10.7.5. South Africa Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

10.7.5.1. By Type




10.7.5.5. By Region

11. South America Mono Ethylene Glycol Market Outlook, 2015-2030


11.1.1. By Country

11.2. Production

11.2.1. By Country


11.3.1. By Country

12. South America Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

12.1. By Type

12.2. By Application

12.3. By Sales Channel (Direct/Institutional Sales, Retail Sales, Other Channel Sales)

12.4. By Company Share (At least top 3 companies’ market share)

12.5. By Country

12.6. Brazil Mono Ethylene Glycol Market Outlook, 2015-2030




12.6.2. Production




12.6.4. Brazil Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

12.6.4.1. Demand

12.6.4.2. Supply

12.6.4.3. Gap

12.6.5. Brazil Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

12.6.5.1. By Type




12.6.5.5. By Region

12.7. Argentina Mono Ethylene Glycol Market Outlook, 2015-2030




12.7.2. Production




12.7.4. Argentina Mono Ethylene Glycol Demand-Supply Scenario, 2015-2030, By Volume

12.7.4.1. Demand

12.7.4.2. Supply

12.7.4.3. Gap

12.7.5. Argentina Mono Ethylene Glycol Demand Outlook, 2015-2030, By Volume

12.7.5.1. By Type



12.7.5.4. By Company Share (At least top 3 companies’ market share

12.7.5.5. By Region

13. Country-wise Import

14. Country-wise Export

15. News and Deals

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Mono Ethylene Glycol (MEG) Market Size, Share, Industry Analysis Trends, 2030

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