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Monoethylene Glycol Market Analysis, Size, Trends and Forecasts to 2026

Factors contributing to the growing CAGR include, usage of monoethylene glycol in producing polymer fabrics and PET resins, especially in evolving economies, worldwide<br><br>Market Size u2013 USD 25.62 Billion in 2018, Market Growth - CAGR of 4.7%, Market Trends u2013 Product launches and research for advanced technological developments

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Monoethylene Glycol Market Analysis, Size, Trends and Forecasts to 2026

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  1. Monoethylene Glycol Market To Reach USD 36.98 Billion By 2026

  2. Market Summary Market Size – USD 25.62 Billion in 2018, Market Growth - CAGR of 4.7%, Market Trends – Product launches and research for advanced technological developments According to the current analysis of Reports and Data, The global monoethylene glycol market was valued at USD 25.62 Billion in 2018 and is expected to reach USD 36.98 Billion by year 2026, at a CAGR of 4.7%. Monoethylene glycol is primarily used in the manufacturing of PET and polyester resins. • Further key findings from the report suggest • Polyester fabrics are extensively used in apparels, home furnishings, yarns & ropes and other industrial applications including conveyer belts and insulating tapes which are likely to drive the demand for MEG over the forecast period. • The production of Polyester fibers in the past years has been increasing. This increasing trend will also be observed during the forecast period. Roughly, 0.345 Kg of MEG is used to make 1 Kg of Polyester • The growing demand for monoethylene glycol in the production of polyester fiber is the major factor influencing the market growth. Interpreting to the technology, naphtha-based segment recorded the highest share in the market of approximately 47.1% www.reportsanddata.com

  3. Market Summary Key Players: LyondellBasell, The Dow Chemical Company, ME Global, SABIC, ExxonMobil Corporation, Formosa Plastic Group, AkzoNobel and Honam Petrochemical Corporation Segmentation: • Technology (Revenue, USD Million; 2016–2026) • Naphtha-Based • Coal-And Natural Gas-Based • Bio-Based Monoethylene Glycol Production • Technology Providers • Application (Revenue, USD Million; 2016–2026) • Fiber • PET • Film • Antifreeze & Coolant • Others Ask for Sample Report at:https://www.reportsanddata.com/sample-enquiry-form/1763 www.reportsanddata.com

  4. Market Summary • End use (Revenue, USD Million; 2016–2026) • Packaging • Automotive • Textiles • Chemicals • Paper • Leather Regional Outlook for Monoethylene Glycol Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Get Discount on this Report: https://www.reportsanddata.com/discount-enquiry-form/1763 www.reportsanddata.com

  5. The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com

  6. About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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