Monoethylene Glycol Market: Growing Demand from Asia Pacific to Drive Market at 6.1% Cagr During 2015-23

Transparency Market

Research

Monoethylene Glycol Market - Global Industry

Analysis, Size, Share, Growth, Trends and Forecast

2015 - 2023

Published Date

18-Aug-2015

121 Page Report

Buy Now

Request Sample

Press Release

Global Monoethylene Glycol Market: Growing Demand from

Asia Pacific to Drive Market at 6.1% CAGR during 2015-2023 :

TMR

Transparency Market Research

State Tower,

90, State Street, Suite 700.

Albany, NY 12207

United States

www.transparencymarketresearch.com

sales@transparencymarketresearch.com

Monoethylene Glycol Market

REPORT DESCRIPTION

Monoethylene Glycol Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015

- 2023

According to a recent market research report published by Transparency Market Research, the global

monoethylene glycol market is estimated to expand at a CAGR of 6.1% during the period between 2015 and

2023. The report, titled “Monoethylene Glycol Market - Global Industry Analysis, Size, Share, Growth,

Trends and Forecast 2015 - 2023,” projects the global monoethylene glycol market to be worth US$40.85 bn

by 2023. The overall market stood at a valuation of US$27.21 bn in 2014. Based on volume, the market stood

at 24,782.6 kilo tons in 2014.

Browse the full Monoethylene Glycol (MEG) Market for Polyester Fiber, Polyethylene Terephthalate

(PET), Antifreeze, and Other Applications - Global Industry Analysis, Size, Share, Growth, Trends and

Forecast 2015 - 2023 report at : http://www.transparencymarketresearch.com/monoethylene-glycolmarket.html

The report points out that the growing demand for polyester fiber in Asia Pacific has boosted the growth of the

global monoethylene glycol market. The increasing production of polyethylene terephthalate (PET) will further

augment the market growth during the forecast horizon. However, the report states that the fluctuating prices of

feedstock materials are expected to restrain the market. Monoethylene glycol is produced from ethylene, which

is a downstream product of...